Every body is speculationg and giving his own opinion on enhanced dc rates in dha lahore. I am not sure about the other societies in lahore but for dha the rates have been enhanced . As dc rate, determined by punjab govt, directly impacts the transfer dues so many are thinking that it may cause the markete to get slow for a while.
I strongly disagree with the opinon of the most of propery gurrus here. There was hell of noice and cry last year about the property gain tax. But what happened in the end ? Prices kept growing and growing and still the phenomenon it on the go.
Secondly the rates enhanced are not as if they have doubled it. There is increase of only 1 lac per million which will cause the transfer expenses to increase only 4 to 5 thousand per kanal. What defference doest that make to a buyer who is buying a plot worth 10 million plus ?
Let me know what other people think about this.
