Comments on: Mad rush to buy Dubai property http://www.chowrangi.com/mad-rush-to-buy-dubai-property.html Pakistan Politics, Current Affairs, Business and Lifestyle Fri, 21 Nov 2008 12:19:13 +0000 http://wordpress.org/?v=2.0 by: Mohammed Khan http://www.chowrangi.com/mad-rush-to-buy-dubai-property.html#comment-149904 Sun, 18 May 2008 13:56:52 +0000 http://www.chowrangi.com/mad-rush-to-buy-dubai-property.html#comment-149904 DHA Karachi Pakistan Real Estate Properties prices are not real. For Exmple, Real Price for 500 Yards Plot in Phase V, VI or VII is not more than 40-50 Lacs or 4 to 5 Millions Pak rupee. Now, they are trying to sell for 15 Millions. The prices are systamtically increased and overstated by Housing Mafia. It is maintained that way by Real Estate Borkers (mostly Cheaters) and Gready Investors with Black Money. If Pak govt start asking the owners of the proerty where the money came from. The whole market would crash in a minute and it would end up 70% down. If you have Halal money , do not belive in Real Esate Agents and do not invest in Real Estate at this time. Good Luck An Expat Pakistani DHA Karachi Pakistan Real Estate Properties prices are not real.
For Exmple, Real Price for 500 Yards Plot in Phase V, VI or VII is not more than
40-50 Lacs or 4 to 5 Millions Pak rupee. Now, they are trying to sell for 15 Millions.
The prices are systamtically increased and overstated by Housing Mafia. It is maintained that way by Real Estate Borkers (mostly Cheaters) and Gready Investors with Black Money.

If Pak govt start asking the owners of the proerty where the money came from. The whole market would crash in a minute and it would end up 70% down.
If you have Halal money , do not belive in Real Esate Agents and do not invest in Real Estate at this time.

Good Luck
An Expat Pakistani

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