Shall I sell my file of DHA Lahore, Phase 9, 1 Kanal as prices start declining very rapidly?
I bought one Kanal file in 50 lac and 50 thousand?
Prices have declined by about 2 lacs. However this was always going to be a long term investment. So if are are able to keep it for a few years then prices will increase. At current prices with development charges to be levied it does not make much sense to buy it now. Rumours of balloting are just rumours.
@ather mumtaz sahab in your later threads you were asking to buy 1 kanal file and ur offer was 41 lacs ,
so now if you are planning to sale ur file then my offer to u is 41 lacs 1 thousand ,agreed then do let me know ,after all the offer is 1 thousand more than your previous offer in your later threads
regards
Brother; if you need money urgently for some other purpose then you can sell it otherwise you should hold it for two years and just forget it. InshaAllah you will get good profit after 2-3 years. Property investment is usually long term. Allah kher kare ga, dont worry.
Thank you all for very invaluable comments.
@Mr. Fahad, Thanks for your offer but I made my offer of Rs.41 Lakhs to buy a second file so my average of two will come down which will definitely improve my P&L for this deal.
45 to 50 lack for a file, which will be delivered (land) in next 10 to 15 years seems way too high, it appears DHA 9 is on higher end at this point, considering 10 to 15 years before people can lay first brick?
@Fahad Shab & Others,
Yesterday's closing file rate of 1 Kanal is Rs 43.5Lakhs.
How the respected forum members comment over it. Is the market correction took place or its a temporary downturn.
I heard from many sources that there is a heavy selling pressure of files of DHA Phase 9.
1)Is this a good time to purchase?
2)Sell off the files in hand to avoid any further losses?
3)What is the fair price of DHA 9, 1 Kanal File.
Appreciate & Thankful to have such research-oriented members in this forum.
Regards,