Dear CMY,
Hope you are fine. I don't understand property dynamics but occasionally I do read your comments. You are always logical and foresighted. That is what we human's can do and should do. Wish you a good health and urge you to leave matter of longitivtiy of life to the Creator.
I have a cash of Rs 6 million (with possibly of addition of two more millions) in hand and a plot in P block DHA phase 7 Lahore ( Non possession) Which has a price of about 9-9.5 million. I was thinking to buy a 10 marla or One kanal plot in DHA 2 Islamabad and forget about phase 7 plot for next two years. I need residence in Lahore or Islamabad after two years and this creates options for me at both places in addition to as per my understanding a reasonable investment option. .
Question: Is this right line of thinking or should I avail some better investment options which can give me higher return in roughly two years time?
Would appreciate your views if time or health permit you.
Take care. All the best wishes.
Kaleem
Transcription replied on Thursday, May 7, 2015 04:48 PM
One kanal plot in DHA phase 2 Islamabad K L M N sectors is 80 to 85 for fabulous location ( back open, height location or 2 side cornerwith river view) and 60 to 65 for ordinary location. In sectors A to J across the road the same ordinary location is One crore plus and good location 1.25 plus.
K L M N sectors are better placed with gate opening on Islamabad expressway. 6 laner Islamabad expressway from GT road to airport chowk has already been approved. CDA will take 3 to 5 years to work on it due to dearth of funds.
I strongly suggest that u buy in DHA Islamabad K L M N of phase 2 as the potential for rise is high as people build houses there.It will be a genuine rise and not a mere bubble.
My humble opinion. Only Allah SW knows the best. |
Jameel replied on Thursday, May 7, 2015 05:20 PM
Dear Transcription,
Thank you for sharing with us, can you tell us some reliable dealer with good turn over in DHA Islamabad Phase 2, As LRE is Not dealing there directly I Hope they will not mind. |
Munir replied on Thursday, May 7, 2015 07:59 PM
I know a real estate agent as I bought a plot in DHA from this. He is also my friend and his name is Jami.
Dear Jameel,
You can call him without any worry.
Evergreen Associates
Located Closer to the DHI/Bharia Town Pindi
For DHI,BT etc.
Please contact
JAMI
|
Kaleem replied on Thursday, May 7, 2015 10:45 PM
Dear Friends,
Thanks for sharing thoughts. While I would request views from CMY also, pl share your views about Phase 7 P block DHA Lahore (non- possession plot- no idea when possession would be given and why delay) and the main question : should I follow line of thinking in my original question or there is a better option in two years (max 3) time span.
Have a nice day/night. |
