As we all know that since 8 months property is facing a huge recession… A lot of people have lost much in property and others are still waiting for good time as their investment stuck in the private societies especially in Bahria Town etc.
When its raining with hail and steel ,one should sit inside and enjoy coffee ,rather than risking it in open,
There are no genuine parameters in property market evaluations in Pakistan[ my own observation]
Its like a tidal wave ,when it comes is highly unpredictable,any time it can jump upwards,BUT this time it seems as ,it will take some times [probably 1- 2 years.
And there are reasons for that,
1=In near past ,very sudden jump of 200-300 % in property prices ,so it will take some time to adjust before next upward momentum
2=current turmoils in country ,and its impacts appears to be for next 1-2 years
3=investors confusions bcz of sudden loss of cash in property ,as they bought at high prices in last quarter of 2013, and now have lost the real cash value of bet 7 lacks to 2 million per plot [ from 5 to 20 Marla plots]
And so are many other reasons,,,,,
So best suggestions will be wait for 1 year at least before any panic for selling and purchasing