2013-10-04 09:31:11 - It has been observed that the property market in Pakistan slows down by the end of the year. For Gulberg Islamabad, the drop in property price seen in the fourth quarter is especially noticeable, which makes it the right time to make a property purchase in this locality. A report prepared by Zameen.com’s realty expert offers more details in this regard.
Although Gulberg Islamabad, an IBECHS project, was launched several years ago but the locality was in a position to offer the promised lifestyle to its developer in 2012. That was when aggressive marketing campaign and promotion could be seen on TV and in the papers. In fact, the marketing campaign helped the investors and buyers see the true potential of investing in Gulberg Islamabad. Zameen.com too noticed an increased demand and value of residential plots in Gulberg Islamabad and offers an expert take on why now makes the best time to invest here.
In last one year, value of 10 marla plots in Gulberg Islamabad has increased about 22%. For 1 kanal plots, the price appreciation is equally impressive at 18%.
When compared with the property rates offered in Q1 2012 with that of Q1 2013, rates of 10 marla Gulberg plots have experienced a hike of 25%, which means that, on the average, residential plots in Gulberg promise a capital appreciation of about 23%. On the other hand, price hike for 1 kanal plots is a bit lower at average annual rate of 19.6%. This does not mean that their demand is low. In fact, 1 kanal plots in Gulberg Islamabad are more popular than all other residential plots in the locality.
While studying the price trends in Gulberg Islamabad, the experts at Zameen.com have learned interesting facts about the property transaction trends here. Towards the end of 2012, rates of 10 marla plots here dropped about 10% and the market for these plots picked up once again in Q2 2013. A similar situation was observed in bigger plots. This year too, the rates of these plots have started to drop. As compared to the price recorded in August 2013, rates of 10 marla plots have dropped 9.4%. With a fall of more than 9% in just one month, it can be safely said that rates here will drop further in Q4 2013. With Q3 ending, now seems to be the best time to invest in property in Gulberg Islamabad.
For more information please visit: www.zameen.com
This press release is originally published on: www.allvoices.com/contributed-news/15680878-now-is-the-best-time ..