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Advice needed for small investment,

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   Iftikhar Butt
Thursday, July 21, 2016 09:43 AM 
Reply: >
Today I visited a number of housing societies on the new constructed defense road, and found a remarkable developments in the area.

I am middle income group person, and want to buy a plot in any society of the area. My budget is 2 to 3 Million.

I have contacted a number of dealers and found the following two options of plots in my range, and are lucrative to me especially because of Lahore Ring Road:

1. A 5-Marla Plot at Khayaban-e-Amin (About 25 to 30 Lac).

2. An 8 to 16 Marla Plot at Audit (About 20 to 30)

Kindly advise me to decide which investment would be beneficial in the short and long term.
:h :h :h :h
Asad-Ali replied on Thursday, July 21, 2016 06:39 PM 

Its better to avoid b'oth.
FAA.awan replied on Thursday, July 21, 2016 08:01 PM 

It is better to buy a off ground 5m plot in bahria orchard for better gain in near future.
User_6006® replied on Thursday, July 21, 2016 09:11 PM 

avoid both consider reliable societies even they are far from ring road , in start ring and defence looked catchy with time many projects launching so bahria eme ph 3 orchard , nfc , fazaia ph 2 , paec , pak arab new phase , central park, park view , prism files , societies on GT , sheikhpura , kasur etc better thn this both
Iftikhar Butt replied on Friday, July 22, 2016 10:06 AM 

Dear Friends, Thank you very much for your comments. But frankly, I couldn't find any real reason why I shouldn't not invest in any the above societies.

Especially Audit & Accounts Phase 2, which is a Cooperative Housing Society, where the prices are still very cheap and one can safely expect that the prices could be doubled after the Lahore Ring Road SL-2 will pass through it after one year.

Please tell me why I cannot expect a good profit margin in Audit 2 during the next one year?
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