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Dear Capt Shahnawaz sb:

Thanks for your guidance and prompt response to the investors first.

Sir i want to ask 2 questions:

1 Do you see further correction in the market of phase 8 or not? n according to your working and experience how much time do you think rates will come to the previous levels in phase 8 specially in block discussed earlier?

2 Do you think that phase 6 come on the saturation or highest point and end user or end buyer will shift towards phase 8 or do u think there is huge gap in terms of price and preference?

Waiting for your kind response for the above mentioned query.

Jazak Allah.

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Dear Ahmad,

1. No, i really dont see prices coming down any further, yes there will be cases of individual sale and purchase at lower prices but in general prices should stabilize.

2. It may take a year or two , construction of houses will eventually lift up Phase 8 , as more construction sites start in Phase 8 it will be good for the prices over all.

Jazak Allah

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Dear Ahmad,
Correction in Phase 8 has already taken place. I don’t deem it going down further. Secondly it’ll lift up once houses are built. Phase 6 is following suit of Phase 5 and prices are nearing maturity. Market will be slow in any Phase where there is saturation. But genuine buyer is always present in all phases but market of that phase becomes slow.
Regards,
Umer

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