Nasir bhai
prices never go up in a single go. the pattern is a rise & a little correction, then a rise and a little correction. rates in FH went straight upward so it will see a selling. but till the completion of Margalla Avenue, rates will get much better than now a days.
at the current B17 rates are stably increasing. whereas FH file has saw a decline. its a new file & its profit rise is only due to no other option left behind in FH. a long way to go for this file. ADC file rates in FH is stable with 1 lac ±
Hamayun brother, the escalation as the name refers is a like taking steps (staircase) from lower to the upper floor. You have got to to (A) rise a step, (B) get your feet held and © take the next step. Thats how it works! Agreed.
The point of discussion is rise up, fall a bit, rise in next go. There might be some end-buyers that may suffer with that fall in between, most common loss.
As far as my limited knowledge, I would like to be stand corrected, that in CDA possesion plots I am yet to see any fall. Yes, stagnation exists, fall doesn’t (unless some individual want to cash specific asset by slightly devaluing it).
imtiaz bhai
crest & trough for real estate is not few months cycle. imn stock market yes it is. but in real estate it is little bit longer cycle. early buye need to exit at a certian level so new investors enter for another level high. As for good societies including CDA Bahria DHA correction is far away.
Abdul qayyum bhai DHA is directly linked to RRR now. so wait for PC1. little bit selling will occur. once work starts there is no limit.
bahria rates stopped for 3 months. no one cried. after eid bahria 8 started another jump Let DHA rates to correct for a limited time.
This is not the first time we see correction.
What has always been happening is, ultra rich put money in the market, either just artificially or due to some govt incentives keep it putting for some time, prices go up…reach at top & then they got exit as per the pre-planned exit strategy.
Now the exit is in clear & it will take a couple of month where smart investors will play at margins & squeeze some more juice & finally the whole market will witness a slowdown.
I-series will hold on golra more underpass plus being CDA own sector but the belief that it would cross G-series, is likely to deminish…
File business in any society is in danger now unless there is an impressive on- ground work exists in that block not in the other sections of the same society.
Now in twin cities, one have been left with only few options:
… Phase-8 extension & Orchard as they are still cheap and on RRR will appreciate.
In extension, The commercial Pricents, such as number2 to be avoided as on zero residency around but residentials still low & will give profit in near future.
Phase-8 middle ring road will join RRR and nearby blocks will rise.
…DHA valley, the ballotted & possession blocks are probably now best fot investment, although the most recent buying people have doubled their investments but still on the incoming 3rd ballot, prices will appreciate.
Interestingly, in Oleander & Lilly block, even commercials are rising as the vital requirement for commercial worth is residency & DHA homes are already being papulatrd around.
A fully paid 4 Marla commercial in Oleander has jumped up from 35 Lacs to 80 Lacs & post commercial ballot still big room for appreciation as it is good old DHA. Having said that in DHA valley non- ballot or non-posession buying must be avoided.
Dha-3, as I said before, started declining in G block , other blocks will follow soon but it highly likely to recover soon as development is impressive.
No one believes/claims any of I-series will surpass G-series. The hypothesis is that the Gap will close between tail end of G-series and I-series, whenever the underpass thing materlialises!! Simple.
For some projects, correction is a stagnation. For some other the correction is slight fall!
abdul qayyum bhai your conclusion has become same as that of i said. so whats the difference?
secondly rich and middle class both are here to earn.
True. agree imtiaz bhai.
Humayyun sb.
Agreeing & disagreeing both make a difference in a serious discussiond/arguments.
There are plenty passive readers of this forum who do not participate but send messages & mails to me.
I usually reply here whether or not my reply has been siding the respectable members.
Now tail end or front end of G series does not make a difference…I-series is a totally different location with its Merits & demerits whereas G series is the capital’s main body…
Brother, two factors come into play causing downturn in every economic investment in Pakistan right now. No 1 is temporary factor of Muharrum, people prefer to stay at home and do fewer transactions across the economy. Factor no 2 is Afghanistan situation. Afghanistan situation is causing concern for investors as short-term security and refugee situation is unknown, we do not know if any violence will spill over into our side of the border. Hence, real estate is down, stock market is bearish and even other assets like gold or bonds are down.
Real estate cycle still has juice left so I am holding whatever I have.
Fact-1: G and I has no Direct Comparison
Fact-2: Price and Standard Wise G will be on Higher end than I
Fact-3: Specific G-series (G-13/14) as a Benchmark to Assess the Gap a Specific I-series (I-14/15/16) can close based on planned developments
I think, now point should be more explicit, after repeatedly saying the same on all posts in this subject and yes in I-series I consider I-8 as an exception.
Closing the Gap between some sectors in these 2 series is Primary Point here, G & I are secondary! This message has been very explicit in each post from my end on the subject!!
I-series cannot surpass G, thats how the game is designed. However, for sure circumstances indicate the gap getting closed a bit. How much exactly? only time will tell.
Anyone can just calculate the Percentage (%) of growth Since Jan’21 in both G-13 and I-14 and what’s happening right now to see for yourself!
The backbone (Downtown/City Centre/CBD) for ISB is F-series and for some parts E-series, rest are for working class what ever they could get their hands at even decades ago or perhaps now!
There are many but the primary factor causing the slow down right now.
Post Eid-ul-Azha for sure market is not as same as it used to be between 2 Eids
PKR sliding down and many foreign investors like to keep their savings in foreign currency until PKR gets stable! (Same script written all over from End 2018 to Mid 2020 [the frame when PKR was devaluing and RE stuff was slow]).
Regional factors affect, however, recent developmnets in AFG as reason sounds far stretched! I remeber even at time of Balakot event: Suicide attack on IND military was signaling a serious clash between two atomic capable neighbours than Balakot happened after weeks and PAF gunning down the Abhinandan guy (A Cup for your Jet Deal), the whole event lasted for weeks but during that time just check the queues and number of transfers in DH/BT/CDA!!
Political events matter heavily when it comes to investments. I had investment in stock market at the time of Abhinandan plane crash and the stock market had plunged after relations with India deteriorated. It took many months for the market and my investment to recover. Same impact can be seen across bonds, real estate, gold whenever major political event happens (NS sacked, IK takes over). Why? Foreign and overseas Pakistani investors refrain from buying till further news arrives.
No, Pakistan’s stock market hasn’t crashed — yet - SAMAA
Stock market sees biggest fall since PAF downed Abhinandan’s plane - SAMAA
And it normal for market to be slow during Muharram. We saw it happen last year and we are seeing happen this year too.
in my experience i noticed that whenever a crisis rises in Pakistan, like swat operation, zarb e azab, karachi operation, corona crisis etc. the prices in CDA start rising very fast. In 2020 March to Dec 2020 when all market was dead but CDA gained so much hike. Same is happening now, I-15 5 marla have touched 80 lac now and still prices are rising.
Stock and RE have quite a bit of correlation, especially in a country like PAK. However, basic fact can’t be ignored that stock (share) rise and fall is far more sensitive than RE asset.
Good video Humayyun Sb. So this means normal 1 kanal in B block will reach 40 million in B-17 by March 2022?
Another question, is C block inside ICT limits?
How is the availability of 10 marla plots in B block of B-17? especially corner plots.
asif bhai rates never multiply in a way in 5 marla is 1 then kanal will be 4. as the size increases per marla rate will decrease.
in F block if 5marla touches 1crore then 1kanal will touch 3 to 3.25 crore… which is currently between 2to 2.40.
secondlyi have attached the area wich is approved by CDA as multi gardens 1and yes C block is included. but at the current ICT boundary is limited to 17 series.
picture was not getting attached due to anerro so im sending you a link.
for tour 3rd question, 10marla in B block is available 1.70 to 2 crore.