Reason for the decline in Liberty Land’s Property Prices

Liberty Lands is the residential society which has seen a great own prices as soon as it has launched in Lahore. But now the rates have dropped to a great extent and the investors who have already invested here are having a hard time over this news. The own prices which had exceed to 19 Lac on commercial property has now decreased till 12 Lac.

Liberty Land’s Property Prices

The prices were increasing till the old booking were selling in the market. As the new files for the newly launched properties came into the market, the rates began dropping at a continuous rate. This should not be related to low potency in the project of Liberty lands.

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Today we will discuss some reasons for the decline in Liberty Land’s property prices. This blog will be quite useful for the investors who have invested here already.

Reasons for the decline in Liberty Land’s Property Prices:

Launch of new files:

The rates of any property is determined according to the demand and supply of the property. The more a property is demanded, the more pricey its get. As soon as more inventory is released into the market, the supply increases and the rates decrease too.

This is what actually has happened when new files of the Liberty Lands were launched into the market, its rates declined.

Uncertain no. of sellers and buyers:

The determination of sellers and buyers is very important for the determining the prices of the property in the market. The buyers search for the optimal prices by calling different real estate agents at the same time. If he calls 10 real estate agents at the same time, the market will get the sign of 10 sellers instead of a single person.

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Due to this uncertain no. of sellers and buyers, the prices have decreased as there less buyers in the market than what was actually estimated.

Lateness in development:

It was announced by the management of Liberty Lands that the development will be started from 15^th May 2022. But due to the environment of political unrest in the country, the businesses are being affected by it. The same is the case with Liberty lands too. It got delayed till 25^thMay but again our country same great political unrest.

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The main reason for the lateness in development has not been disclosed yet. Management has announced 5^th June 2022 as the new date for the development of Liberty Lands. It is being expected that market will gain again if the development starts.

Validity of Files:

The files of properties in Liberty lands have been transacted without even the actual and physical file. The buyers have been buying the files without actually verifying the validity about when it will be available to them. It can take a long time due to which buyers are now prevent to invest in Liberty Lands. Management is also making sure that soon the files will be recovered and made available to the investors.

Good investment opportunity:

But, Liberty Lands is a very good investment project with great returns. The project is having a wonderful location of Jia Bagha Road, it is offering different sized properties on installment basis which is making the investors from different financial segments to invest here.

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So the investors should not sell their properties and try to hold them till the market gets better. This is best option as selling the property now can result into loss and some people would not go through the transaction process due to the verification of the files issue.

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Considering these factors of Liberty Lands, it can turn out to be an investment that delivers unmatched dividends and is a golden opportunity indeed and Liberty Lands is offering best opportunity for investment on installments.

For booking a plot in Liberty Lands, contact Pakistan Property Services. Booking procedure is very easy here. We provide you better consultations for your real estate matters being the authorized dealers of Bahria Town projects. For further information, you can also visit our YouTube channel where we update regularly to get to know about the new trends in real estate market of Pakistan.

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Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

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Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

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Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

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Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

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