Lahore Real Estate Forum

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(66520)
Monday, June 29, 2015 08:17 PM PST 
Please Advise

Dear Members

I intend to buy some shops to generate monthly rental income. I assume shops need less investment than a 10 marla or kanal home. But I have a dilemma here.


Should we buy shops in gated communities or on main LDA roads?

As someone pointed out earlier that gated societies are not good for commercials as only a limited number of customer go for those shops. But at the same time, these are free from Qabzas and no body can grab them.

Shops on LDA roads attract more customers but there are a lot of problems like qabza and fake documentation and one can easily be deprived of his investment.

I need suggestions of brothers on this topic. Which societies or roads we should choose? What will be the average price shop? What are pros and cons of this approach?

Jazak Allah for your cooperation.

Pakistani replied on Monday, June 29, 2015 09:54 PM PST 

Whats ur budget?

pakproperty replied on Tuesday, June 30, 2015 01:39 AM PST 

if you buy a shop on ground floor of plazas then its safe e.g you can find many newly built plazas in johar town.

Aslam replied on Tuesday, June 30, 2015 09:19 AM PST 

Budget is around 30 lakh

Tahir Ch. replied on Thursday, July 2, 2015 12:57 AM PST 

Tenants of shops neither vacate shops nor increase rent easily due to depression in business since a decade and monoply in the markets. Property tax is three times more than residential.

Whereas residential unit is easy to vacate, less property tax, annual increase in rents, however, there may be some maintenance of building which may be overcome by strict monitoring.

to start your own business shops may b preferred. i know many businessman who purchased shops and locked for 5 to 10 years to start their own business but did not rent out that.
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(66519)
Monday, June 29, 2015 08:15 PM PST 

Dear experts, I would appreciate if you could guide me to invest around 5 million rupees for a 3 years investment. I am only looking for on ground plots in developed societies which are reliable, qabza free, and have potential of growth in the 3 years. thanks in advance.

omer.farooq replied on Tuesday, June 30, 2015 06:57 PM PST 

Engineers town, defence road. 1 kanal plot
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(66518)
Monday, June 29, 2015 08:07 PM PST 
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(66517)
Monday, June 29, 2015 08:06 PM PST 

Plot files are being traded in market under the tags of DHA Phase-9 Proper and DHA Phase-9 Extension...with Phase-9 proper files traded at higher price...

Question:
1- Phase-9 proper has already been balloted so what there are still Phase-9 proper files...?

2- What will be the location of Phase-9 proper files... as there is no reserved space on PRISM map....Will it be part of Phase-9 extension i.e. beyond Hudiara Drain?

3- If it is part of Proper Phase-9, will these plots be developed along with already balloted Phase-9 (PRISM) plots...?

M.Zahid replied on Monday, June 29, 2015 08:19 PM PST 

Proper
files are for prism and if you look closely on the map there are pockets and areas which DHA declared as unplanned. These will be allotted against recovered and unplanned areas but development may be late or can be on the same time. But difference in plot and file at this moment is not much so i would suggest to go for plot rather than file.
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(66515)
Monday, June 29, 2015 05:28 PM PST 
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(66514)
Monday, June 29, 2015 04:59 PM PST 
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(66513)
Monday, June 29, 2015 04:34 PM PST 
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(66512)
Monday, June 29, 2015 04:06 PM PST 
A simply Query

I just want to know,if u have some bad or worse location plot then how to dispose it off.Why any1 will buy a bad location plot ? One logic can b that with slightly low budget u buy that plot and when there is overall rise,u sell it,at least there is some profit. Rest any good reason i cant figure out.
So if any1 can give reasons to buy bad location plot, then kindly share it here and secondly do also give advice about selling bad location plot,means and strategy.Good and logical answers and suggestion will be appreciared.

Block B replied on Monday, June 29, 2015 04:14 PM PST 

There is always a buyer but you may not get your asking price.
When buyers are less it is seller who has to give discount.
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(66510)
Monday, June 29, 2015 03:45 PM PST 
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(66509)
Monday, June 29, 2015 03:43 PM PST 
J-1636

Dear LRE,
Please evaluate the current price of J-1636 ( 5 marla ) and pls also pass your comments about the location of J-1636.
Should i hold or sale out?
Thanks

Salman Maqsood LRE replied on Monday, June 29, 2015 09:04 PM PST 

Dear Sir,
your plot is valued around 26 Lacs. It is good one to hold


Salman Maqsood
lahore Real Estate
+
Email:INFO@LREPK.Com
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(66506)
Monday, June 29, 2015 02:30 PM PST 
need plot evaluation (didn't get a response from lre)

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Features
For Sale
lahore
dha
9
R
1376
5
60ft
corner
Dear LRE team,
Kindly evaluate my above mentioned plot in monetary terms. The plot is a corner with 60ft road.
Regards

Mian Fawad LRE replied on Monday, June 29, 2015 02:33 PM PST 

Market Value Of Your Plot NO. R-1376 In
DHA Lahore Prism 9 Is Rs. 30-31 Lacs.(Excluding Development Charges)

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM

ali asa 1 replied on Monday, June 29, 2015 03:24 PM PST 

Thanks alot fawad
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(66504)
Monday, June 29, 2015 08:08 AM PST 

Dear LRE

Kindly evaluate following plots

10M Plot no. 52 Central 52 block

10M Plot no. 254 South block facing park
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(66502)
Monday, June 29, 2015 03:24 AM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
LAHORE
DHA
9
C
132
1 KANAL
i want to know price of my plot plz , keep it or sell it?

Hassanniaz786 replied on Monday, June 29, 2015 07:05 AM PST 

It is worth 70-75 lacs

Mian Fawad LRE replied on Monday, June 29, 2015 01:25 PM PST 

Market Value Of Your Plot NO. C-132 In
DHA Lahore Prism 9 Is Rs. 76-77 Lacs.(Excluding Development Charges)

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM
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(66501)
Monday, June 29, 2015 03:23 AM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
LAHORE
DHA
9
H
518
KANLA
DEAR

ANY ONE CAN TEL ME THESE PRICES OF BELOW PLOTES

H----518

L-----725

Umer replied on Monday, June 29, 2015 08:58 AM PST 

Do you want to sell H-518? I am searching for one.

Mian Fawad LRE replied on Monday, June 29, 2015 01:28 PM PST 

Market Value Of Your Plots In
DHA Lahore Prism 9 Are:

H-518 Is Rs. 56-57 Lacs.(Excluding Development Charges)
L-725 Is Rs. 55-56 Lacs.(Excluding Development Charges)

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM

RABIA replied on Wednesday, July 1, 2015 04:30 AM PST 

FAWAD BAHI WHY THE PRICE IS SO LOW ARE THE PLOTS ON VERY BAD LOCATIONS

WAITING FOR YOUR REPLY
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