I recently had a dream that property market overall in Pakistan will explode from with in. What do you guys think?
Malik Riaz will pass away in next two years.
Dont sleep too much during the day,instead start doing some work,DAY DREAMER
Allah na karay k ap ka khawb sach ho.
Malik Riaz is already doing a lot for drought-hit people in Thar.
May ALLAH bless him for this. Aameen.
Explode itself , within… Yani k in Pushto “Pakhpala they”
@Aslam Gull: Are you sure, that you'll be alive after two years? and have you ever contributed to the country as Malik Riaz did?
Meri jan kuch soch lia kro bolne aur likhne se pehle...
May Allah grant malik sb long life…He has proves to be a diamond and legend for pakistan…He has done what our government cannot…
Bad thinking :)
May God bless Malik Riaz, whatever he do whether rite or wrong, he has prayers of many poor, which will never let him down.
DEAR MEMBERS DONT MAKE FUN OF THIS GUY. PEOPLE JUST SEE THEIR BENEFITS. THIS TIME PROPERTY HAS GONE ON THE SKY IN ONE YEAR AND NOW SALARY PERSON AS WELL AS COMMON MEN CANNOT BUY EVEN A PLOT NOW HOW THEY WILL THINK ABOUT THEIR HOME. PROPERTY SHOULD NOT GO BEYOND NOW.
Aslam Gull has only shared what he saw in his dream; nothing wrong with it. Apart from the Riaz Malik part, please do comment on the exploding part of his dream too. Do you think his dream will come true?
Agreed murtaza, middle man has no access to enter in these localities.
Its look like “Pir Pagara” forecast…
Dear respected friends. "Dream tu dream hooti hay."
Jaisy degree degree hoti hay. LOL
However to share it on a forum might result in attracting interesting comments. I have got nothing against Malik Riaz . I believe he is genius and certainly provided the society with better housing schemes, although our greed and desire to become billionaire certainly is turning a decent housing scheme into a dream for majority.
No one knows about tomorrow except Allah the ALL MIGHTY. So please don't take any sentiments seriously and my apology for any one getting hurt in the process..
Cheers.
I think this is mere speculation… We all need to understand that the property prices in Pakistan are still much lower as compared to the prices in the region especially countries like India… There is still alot of room for increase in prices particularly with the improving economic indicators and the positive trends at the stock market…
@ Umair1234,
I have mentioned 'dream' not speculation. Comparing indian property with Pakistani market is similar to comparing wheat and rice.
RS Depreciation, Terrorism, shortage of power, massive unemployed youth, corruption and corrupt culture are the most obvious speed breakers right now we are witnessing.
Those who are fortunate enough are left with very little choices & that is to invest their hard earn money in property sector.
That is why the prices at well established new housing societies have an inclined trend.
If one consult the property dealer and ask where the big investor are coming from, I am sure answer will be, Pakistani origin working class specially based in middle east are the biggest stack holder along with proportion from Pakistani corrupt bureaucrat.
I really wonder why would a person will invest in property when stocks are having positive trend.
Currently, there are no signs of real estate explosion in our country. If we compare our currency with dollar, then in dollar terms the prices of properties have not yet touched the peaks of 2007.
Yes, it is true that the real estate prices are showing an upward trend but i dont see it as a creation of the bubble.
Rest ALLAH knows best.
Secondly, i met a real estate analyst yesterday. according to him, the property prices show a boom after every 6-7 years.
He said that a boom was seen in 1998 and then in 2004-05 and now after a period of about 7 years, real estate market is again on the rise.
Dear Aslam.. Dreams are dreams at the end of the day...however i just want to reiterate why i believe there would be substantial growth in property prices in the next two years...Some other people are misinterpreting the relationship between economic improvement / rupee appreciation and real estate prices.... If the rupees is stabilized and economic indicators are improved this would lead to improved investor confidence in the country... More investment would result in positive trend both in the stock market and real estate market... In Pakistan the stock market and real estate have always moved together rather than moving in the opposite direction.... If u observe closely the real estate prices in Karachi got a correction in the last six months since the rupees was falling quickly and people were converting majority of their investment in physical Dollars... Now since people have sold their dollars, this money is being reinvested in the stocks and property. It is already visible that the prices of DHA Karachi has started rising once again since the rupees has improved / stabilized itself..
So my request to all the experts and senior contributors is to study the trends in detail before leaving any comment on this forum which could lead to panic amongst people with little information.... Inshallah things are moving in a positive direction for all sorts of investment in Pakistan including property...
Zain bhai which of the real estate is on rise? In fact, we are witnessing contrary to that what you said. Most of the properties are on downward trend !!
Malik Sb, nearly all property in Karachi have started rising after the news of curreny improvement… Particularly prices in DHA Karachi have grown by 15-20% in just last two weeks after the prices had been down in this zone for almost six months due to the poor condition of rupees in the previous months