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Upcoming Project 2021 – Market issues in Bahria Town Karachi

Posted by admin on April 23, 2021
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Talking about general trends of buying and selling, there has been a trend of holding the decision by the seller. This is usually witnessed at the time when there has been an increase in demand, or the seller is receiving multiple offers from different buyers. In this case, if the buyer offers the demanded price, the seller usually holds the decision, causing a disturbance for both buyer and broker. It is being expected by the seller that he should wait at the moment and look for some other good offer. On the contrary condition, this is also being done by the buyer, and it is the time when the market is moving downwards. When buyer perceive that market is going in the downward direction, he usually waits, so that price should move further downward. In both these scenarios, the overall economic activity halts, and there has been a condition of standstill, that is not good for any project.

 

 

It has been generally noticed, when there is great hustle and bustle in the market, the selling of items generally takes place. However, when there is a slump in the market, there will be less buying. The more the demand for a product, the difficulty is to get maturity and vice versa. The whole property is based on the principle of demand and supply gap. It has also been observed that it takes some time for deals to get matured, while in the meantime there has been changing in market value. That is why most of the sellers usually hold and adopt the policy of wait and see.

Relationship between buyer and middle man

Owing to fluctuations in prices, and delays in maturing of deals, the confidence of buyers may shatter. In most cases, buyers are also closely watching the market trends, and it may be said that time is the only one being consumed away. And for the middleman, if the deal is not done at right time, all his efforts will go to vain.

Current market trends of Bahria Town Karachi

There has been a general perception that in Ramzan, there has been a slump in the market value of properties. In the case of Bahria Town Karachi, this is not true, for the past three months, there has been a continuously upwards rise in the market values. Though there have been limited working hours this month, and the availability of buyers and sellers is also restricted. Despite all these facts, there has been increasing in the value of plots and villas in Bahria Town Karachi. And due to this upward trend, no one is interested to sell their properties at a lower rate. In conclusion, it can be said confidently that there are no upward or downward trends in the market due to Ramzan. This is particularly being done by several transactions happening in the market, and the general supply and demand difference.

 

 

Market trends since the start of 2021

There has been an upward rise in the overall economic conditions of Bahria Town Karachi. Prices are moving towards the high end, and there is more stabilization in the market. Seeing this trend, there have been doubts about correction due to this surge in prices. While the fact is that, due to rapid growth in construction work, this is happening. In the last two years, the construction work has been delayed, but now the situation has changed. And this is causing rapid growth in overall economic activity in Bahria Town Karachi. The same trend is going to retain in the upcoming months.

Ramzan and its prospect

It is being questioned by several people that is price going to be changed in Ramzan. The answer to this is that Ramzan does not affect overall trends. Though the number of transactions done in this month is much less, and there is overall less buyer and seller in the market. That is why the market remains at the almost same level.

As far as the future trend is concerned, the upward trend will continue. This is also being validated by the fact that due to the ongoing pandemic situation, real estate is the only active sector in which more investments are taking place. Secondly, there is increased buying by the overseas people in following two months after Ramzan. So there will be a sure increase in the prices.

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