about new taxes imposed on property...

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dear sir,
i purchased one plot in bahria orchard lahore n before imposed tax it was near about 60 lac…n also recently i m keen  to purchase one plot but due to rumours in the market i m confused…what is your advise i hold to purchase new land and try to sale already i have land in bahria or i have to keept with me bahria land and purchase new one..need your valuable sugestions.thanx

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Dear Zahid,

This is the time to buy , real estate in Pakistan is on a long term uptrend. The present dip in markets is considered as a good opportunity to buy more .

Bahria town Lahore is not as good as DHA Lahore. However as you have already purchased there i suggest that you wait and sell it on profit and than move into DHA Lahore.

Regards

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