Dear Captain sb,
Please shed some light on lahore property market and impact of rupee depreciation and increase in interest rates on property market? How market will react in such scenario and how u see market in future due to such changes?
Thanks
- Guest asked 6 years ago
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Dear Ahmed,
Rupee depreciation means that the property has devalued further. Usually real estate prices follow and fill the gap but it will not happen just right away , next year you will certainly see prices of various sectors rising by 5 to 10% .
Jazak Allah
- Shehryar answered 6 years ago
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Capt. Sahab,
what if devaluation of currency won’t stop here, since bailout package to be taken is imminent and imf would definitely demand more devaluation around 10-15 rs more.
Do you think in that scenario still property would gain 10-15-% next year ?
- Tahir mughal answered 6 years ago
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