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Lahore Rea lEstate ,

(84676)
Tuesday, April 28, 2015 04:47 AM 

Dear CMY Sb

I have sold my property and have received RS.17.5 Million.
Can you please recommend what should I buy with this money.
I have heard a lot about your expert opinion and would request to oblige me as well.

many Thanks
M.Saeed

Muhammad Ameen replied on Tuesday, April 28, 2015 02:46 PM 

I am not expert as CMY saab have much more experience than me.He is the real "USTAD" teacher of guiding people but i can give you suggestion if i were have such amount i can buy

1. Buy 1 kanal plot DHA 7
2. Buy 1 kanal file DHA 9 Proper

But final words from CMY Saab as he is one of top experts in Real Estate in Pakistan

Rasheed replied on Tuesday, April 28, 2015 05:08 PM 

It all depends on what life-style you want. If you want Hands off approach, you could buy another plot or commercial etc. which most people would.

To repay what society have offered you, create jobs for the not so well off, who were not as lucky as you.

If you have so much cash in hand and TIME for construction, buy a 10 marla top location plot in a decent society and build a house. In 6 months time, you should be able to walk away with at least 2 million profit.

Or you could buy two 5 marla plots, construct one sell it off, and with that cash, take out the profit and reinvest the original to build the other. Continue this cycle and you can make decent profit, provided you have love for building construction.

This would create jobs for poor and boost the housing market. If you do want to go down this route, do good research, do your numbers and only go for societies which are highly liquid. I wouldn't name any because everyone have their own opinion. Otherwise, stick with hands off approach, buy commercial etc.
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