December 2013 was too dull, as market is bearish and continued coming down. Not many transactions witnessed. As mention earlier that the market is in the wait and see position, and normally whenever market took this type of move, it will take some time to settle down.
Prices are almost at the same November 2013 lowest level. Though after those lower level price, market took bullish move and came up but that was only for 10-15 days and in December 2013 market moved back to the previous level.
The main reason behind this trend is that many investors who are involved in Bahria Town are waiting for ultimate climax of Bahria Town projects in Karachi. Plus, Bahria further launched two new projects in Karachi i.e. Hoshang Pearl and Opal 225. This time just the forms of these projects were traded at much higher price.
If you are looking to buy or sell plots in DHA City Karachi,
then contact CITI Associates at 0300-8299101 / 0321-8793654 or email at email@example.com
Because of all these factors it looks like that market will be in the wait and see strategy and may it will remain the same for few months.
You may also like to checkout:
- DHA City Karachi (DCK) Balloting Results List 2013
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- [Pictures] DHA City Karachi (DCK) Plot Numbers Balloting Ceremony on 23rd April, 2013
- DHA City Karachi (DCK) Latest Prices
- DHA City Karachi (DCK) – Complete Payment Schedule Guide
- 13 Immediate Action Plan Works at DHA City Karachi (DCK)
After witnessing this whole movement and the diversion of investors to Bahria Town, we all know that many people believe to just follow the trend and once anything new comes up, everyone want to enter in that. Because of all these factors, people should follow the wait and see practice and don’t be in panic. Do not float the plots in the market because of panic selling market will go down further.
For new investors, this could be the good time for buying at 40% lower rates, and suitable for long term investment. Besides all these the development work on the site is continuously going on, and again this is very positive sign. DCK has very good potential because it is the first ever Planned, Sustainable and Green City of Pakistan.
These prices are provided by Mr. Muhammad Shafi Jakvani, CEO – Citi Associates. Above mention prices are subject to change any time according to their demand and supply and (ON Money) price can be change either side in the open market, depend on the volatility of the market. And there is no guarantee of any kind of price variation.
Note: Mostly files traded in the size of 200, 300 and 500 square yards. It does not mean that other categories are not available, but normally these sizes are traded and are available for sale and people are ready to buy files of these sizes. Other large plot may be allotted in balloting but not available frequently in the market.