Dear @CMY and Property experts,
Please answer my query, your guidance will be highly appreciated. My apologies if this question has been asked before. Perhaps we need FAQ(Frequently asked questions ) section on the site.
1- I want to know when the balloting of Phase 9 extension 5 marla plots is expected. Is it a right time to invest 10 million amount there in Phase 9 extension with the aim to get the money out in a year. What sort of increase you expect in the price for Phase 9 extension in next 12 months.
2- Also I need suggestion regarding Phase 9 5 marla
files. Do you think it is the right time to sell them before the balloting or I should wait for the balloting. I understood that if I sell after the balloting then the development charges of roughly 6 lakh per plot will have to be paid before selling and the profit margin as it looks today with 27 lakh per plot may go down even if the plot price touches 30-31 lakh after balloting.