Lahore Real Estate Forum

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(47444)
Thursday, April 28, 2011 03:30 AM PST 
Plot wanted at Naval Anchorage

Ad Type
City
Scheme
Size
Wanted
Islamabad
Naval Anchorage
500
I am pretty much interested in buying 500 Yards size plot at Naval Anchorage Society Islamabad. Plot must be leveled. I can be contacted at

>
(47443)
Thursday, April 28, 2011 02:53 AM PST 

want to sale my file
Hi all
i have a file in bahria orchard low cost scheme(8 marla file) may iss ki tkreeban 6 installment pay kar chuka hoon yani 3 lakh 8 thousand ruppees now i want to sle it what will be cost of my file
kindly reply m

Asif replied on Thursday, April 28, 2011 06:19 PM PST 

Kindly give your demand.

abdaal replied on Tuesday, August 16, 2011 08:05 AM PST 

give me ur demand if u have paid 308 thousand so u can say it
>
(47442)
Thursday, April 28, 2011 01:38 AM PST 
plot

Ad Type
City
Scheme
Phase
Block
Plot
Size
Wanted
Lahore
DHA
1
c
res
1k
I wud like to know the idea price of 1K Block C, Phase 1, DHA, Lahore
>
(47441)
Thursday, April 28, 2011 12:30 AM PST 

aoa

how are you guys .. i wanna now the current prices in wapda town phase 1 ext block A-3 .. any one with current prices please update ...

thanks
>
(47440)
Wednesday, April 27, 2011 10:37 PM PST 

hi, there is planned road from valancia to expo centre which will pass from punjab university society, wapda phase 2, sunny park and pcsir phase 2, does it worth to purchase plot in sunny park or wapda phase 2 or pcsir phase 2 on this road now ?

saeed replied on Thursday, April 28, 2011 09:30 PM PST 

do some know how long this road take to complete?
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(47439)
Wednesday, April 27, 2011 10:30 PM PST 
want to buy plot

Ad Type
City
Wanted
Lahore
salam to all,

Dear readers i need advise on buying a 1 kanal plot. Actually i am looking for such society in which i can build house now to live and it will pay me back as raise in price of land after some years. My preference is near expo centre or shaukat khanum hospital as there are valancia and some other societies. Bahria town sector C on canal bank road can also be an option due to structure plan ring road. Please advise which option should i adopt?

thanks

Daud replied on Thursday, April 28, 2011 01:04 AM PST 

AOA
first of all bro, ur price range to shortened the big search issue,if u r looking for future and wanting best on that part of shaukat khanum , then this option is lil difficult for now but for later it ll be the best in that area and that ll be OPF, it ll be the most beneficial society on that part investment and facilities wise.valencia always good, nfc and wapda and do look for tariq garden. if u wish to go for raiwind road, then fazaia and awt2, do look for these specially AWT 2 its also a society to be seen in future.baharia sector c is also good.
BUT ALL DEPENDS UPON UR BUDGET.

plot_buyer replied on Thursday, April 28, 2011 01:54 PM PST 

Daud thanks for your thoughts,

i have budget in which i can get one in valancia, bahria town, opf, etc.

OPF: Current situation of opf society seems that it will have this poor development situation always in future as it has for 20 years almost. nobody takes care of this society. it is only luck that it has got
location on main road nothing else. can anybody tell what is the prediction about this society's future development as its current situation is seriously "yateem".

Valancia: it is good society but will it pay me back after several years in the form of raise in price of land? :P

Bahria Town Sector C: it is also good due to its development and security wise but it has distance problem. will this distance shorten in future due to ring road? will it pay me back after several years in the form of raise in price of land?

Fazaia and AWT2: i think it is not worth to invest in these societies as nobody takes care of them :)

brothers can you put your thoughts here? i will be beneficial for all of the people looking for such kind of options.

thanks.

Habib replied on Thursday, April 28, 2011 03:54 PM PST 

There are only 3 worth mentioning societies in that area,
Valancia
wapda and
NFC
all other societies like
Iqbal Vanue, airline, archtect, PIA, GCP, abdalian and Johar town have poor infrastructure and not well mintained most of these have better approach that WAPDA valancia Ect, but no one want to spend one Cror on the house when neighborhood is not good.
Would it pay back to buy in Valancia/NFC there is some chance, in 2007 me my brother was looking a plot in Valancia at that time Price of Kanal was 30 to 33, At that time DHA 7 was 36 to 45 ie the same price as it is today, But Now valancia has gained 10 Lac for One Kanal. If property market remains like this then only ready to live societies will gain.
for pure investment and gain in price there are 3 Options at this Moment
LDA 1
DHA 7
DHA 8
DHA 7 is best out of these.

lahore 042 replied on Thursday, April 28, 2011 04:40 PM PST 

HABIB i like you over-view.This is best ever suggestion and true suggestion you have made.I 100%agree with you.

1.Lda avenue is purly for investment right now.It is for investment and people who want to make house after 3-4years.It will gain rise in price in near future.

2.Valencia is for those people who wants residential right now or within 1 year.
3.I have no idea of DHA7.
Kindly someone guide me price of plots on main roads on 150 or 100 feet road and what was its status right now.(complete over view)

plot_buyer replied on Thursday, April 28, 2011 08:06 PM PST 

thanks all for your input

LRE Hot Topics replied on Saturday, April 30, 2011 02:51 AM PST 

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>
(47438)
Wednesday, April 27, 2011 09:41 PM PST 
want to sale my file

Hi all
i have a file in bahria orchard low cost scheme(8 marla file) may iss ki tkreeban 6 installment pay kar chuka hoon yani 3 lakh 8 thousand ruppees now i want to sle it what will be cost of my file
kindly reply me

farooq - replied on Sunday, March 25, 2012 04:26 PM PST 

Mr MOON PLEASE GIVE YOUR CELL NO OR CONTECT ME FAROOQ
>
(47437)
Wednesday, April 27, 2011 08:41 PM PST 
Commercial Plot on Main Multan Road

Ad Type
City
Scheme
Phase
Demand(Rs)
Features
For Sale
Lahore
Multan Road
Main Road
1500000 Marla
Newly Carpeted Road
(Best Investment) 11.55 marla commercial plot is available for sale on NEWLY CARPETED ROAD Only in Rs.1500000 (Per Marla). It is situated at Main Multan Road, Addj Badar Block Allam Iqbal Town Lahore. Best for Display, Car Showroom, Bank, Shops, International Restaurants or Electronic Centre. Contact us for more details.

Imran :forsale: :forsale:
>
(47436)
Wednesday, April 27, 2011 08:28 PM PST 
need sincere advice

Ad Type
City
Scheme
For Sale
lahore
model town extn
Dear friends


My brother's plot of 2 kanal loacted in Model town extension has been taken over by LDA on staurday morning.
The plot was purchased approx 23 years back and now the plot location is prime
The owner(my brother) is not living in pakistan thats why he never built his house .boundry wall was made and servent quarter was buit where servents were living with famly
The owner has been notified by LDA that they have got instructions from NAB/FIA that the plot has been sold by LDA illegally 23 years ago.Instead of selling the plot through auction LDA sold it to owner bypassing some internal chennal.
My brother purchased this plot through its first owner and have been paying govenment taxes of the property from last 23 years

I ask one question, is it possible that after such along time LDA can take this action.Now we all are out of pakistan and have no clue how to deal with this case

one of our family member has hired a lawer to follow up with LDA but this unfortunate incident has really disturb us

need your kind comments and advise

akbar replied on Wednesday, April 27, 2011 08:46 PM PST 

My brother's plot of 2 kanal located in Model town extension has been taken over by LDA on Saturday morning.
The plot was purchased approx 23 years back and now the plot
location is prime
The owner(my brother) is not living in pakistan that's why he never built his house .boundary wall was made and servant quarter was built where servants were living with family
The owner has been notified by LDA that they have got instructions from NAB/FIA that the plot has been sold by LDA illegally 23 years ago.Instead of selling the plot through auction LDA sold it to owner bypassing some internal channel.
My brother purchased this plot through its first owner and have been paying government taxes of the property from last 23 years

I ask one question, is it possible that after such along time LDA can take this action.Now we all are out of Pakistan and have no clue how to deal with this case

one of our family member has hired a lawyer to follow up with LDA but this unfortunate incident has really disturbed us

need your kind comments and advise
addition
The property is officially on the name of my brother.
Is there any way LDA can seize this plot from owner
Is it some qabza group within LDA who has done this or actually LDA can take this kind of action on aplot which is sold 23 years ago???

arif replied on Wednesday, April 27, 2011 09:43 PM PST 

i purchased this plot

CS replied on Thursday, April 28, 2011 12:17 AM PST 

@ Arif...Howcome, you purchased this plot? though the real owner (Akbar's brother) is not in Pakistan.
To whome you have purchased?
--------------

Irfan replied on Thursday, April 28, 2011 12:29 AM PST 

@akbar are you talking about the plot that is located at the back side of Pace shopping mall model town link road ?

Habib replied on Thursday, April 28, 2011 07:32 PM PST 

It is unfortunate situation they should arrest the the officer who executed that transfer and the man wh purchased in Fraudulent way than taking that property back.
You can File case aginst LDA for the damages

Arif replied on Friday, April 29, 2011 08:40 PM PST 

Arif: Dear I wana buy this plot you miss understand. Now tell my what up?

LRE Hot Topics replied on Saturday, April 30, 2011 02:51 AM PST 

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>
(47435)
Wednesday, April 27, 2011 07:25 PM PST 
rent in bahria town

Ad Type
City
Cur. Rate
islamabad
AOA,

i would like to know about the current rent rate for 1 kanal house in bahria town islambad. i am intersted in phase 1-6 only. thank you.
>
(47434)
Wednesday, April 27, 2011 03:52 PM PST 

Dear members Assalam-0-alikium,
I am new on this forum and i want some advise from you people.I have seen people helping ech other on this forum so i decided to get some sincere advise from you people.

1.I want to buy a plot in LDA Avenue 1.What is the price of 1 kanal plot on 120 feet road in F block.Is it Beneficial to buy plot there.(construct that after 5 year).

2. whats the price in Gulshan-e-lahore for 1 kanal plot.

3.Valencia plot price of area 1 kanal on main road.

Kindly reply me.Waiting for your sincere advise.
Thanks
Regards
Nadeem Shah

Habib replied on Wednesday, April 27, 2011 07:57 PM PST 

These 3 are entroely different products and you cant compare them whith each other,
LDA avenue 1 basically an investment product. It is LDA area which had too much problems due to litigation still main facilities are not laid dowd, some areas are presumed to be clear based on on the fact that there are some roads there but still there are many pockets of unoccupied area, LDA office does not guide you to tell which area is clear or not they have 2005 date fed in Computer eversince ground realities have changed a lot. There is lot more litigations and many areas have cleared as well. LDA avenue 1 is heading in same style and pace as was Johar town 30 ys back and took too much time to materialize there are many Qabza and records issues in Johar Town and same I am expecting in LDA 1 in futhre, the Facilities will also be supplied slowly as happened in Johar Town. So there are uncertainties involved and that is why it is investment gards, Kanal plot on 120 Feet Road should be in about 40. As most LDA societies are loosely administered so there is a chance that some commercial activities may start on main roads, though it looks clear that you cant make plaza, Commercilazation has been stopped by LDA but even if allowed in next Govt the fees will not be decrease and that is One cror 40 Lac per Kanal Now.
Gulshane Lahore is small residential colony with mostly 5 merla houses below average infrastructure, Not a recognized Coperative[illegal] society good approach but not suitable for any thing more than that, I think due to Lack of coperative society office it is tranferrred mostly by registry and intiqal like in Patwar Khana.
Valancia is a Coperative society Like DHA, it is 90% a residential societies very tightly run by its bye Laws and no Commercial activities are allowed illegally. All valancia is possession and mainly the residence of people who want to live in relitvely bigger posh houses like Kanal and 2 Kanal, On 100 and 120 and 150 Roads all plots are 2 Kanal, All valancia have all the facilities like Roads, Elec, Gas water Cable etc all supplied by society itself.
I dont see any similarity between above 3 areas all 3 are choices for different needs and taste.

Nadeem Shah replied on Thursday, April 28, 2011 01:16 AM PST 

Habib bahiee thx a lot for u time and briefing.
You r rite that in some area of lda,there is problem of land.But in F and j these blocks are totally clear.I have checked that,there will be no issue of any litigation or something like that.
1 kanal plot on 120 feet road is abt 50 lac.I know in lda,development is slow but i hope after 5 year there will be much more activity in that society.So i am thing for long terms not for short terms.
Kindly guide be is price is right 49-50lac on 120 feet road near commerical?
As it will be commercial in near future.
thanks

asif replied on Thursday, April 28, 2011 02:01 AM PST 

we cannot pridict lda avenue future because.....johar town ....khyaban e jinnah road is not commercialized lda avenue is take minimum 15 years....it has a large area.....it takes so long time u think 10 to 15 years.....is better ......there are a large options for people this time to buy property.....2 to 3 years takes to completed lda avenue.....then people build houses.....it is boundary society not like a open scheme.....investment is good but i prefer a place where people made there houses rapidly......lda is started in 2003-4 now 2011 u better suggest urself.......u see lda avenue map has a large commercial area indicated........if u think i m wrong u suggest me too......dont beleive any estate they just want to earn some money......

M waqas replied on Thursday, April 28, 2011 06:13 PM PST 

AA.price in 120 feet road F block facing commercial 50 to 55lacs.

Nadeem Shah replied on Thursday, April 28, 2011 08:38 PM PST 

Some one saying that you will get in 45 while other saying you got that plot in 55lac what was right price?
I want to know.
Kindly give me right price.Some one who knows very well about that road will plz tell the price on 120 feet road in F block near community center.

M waqas replied on Thursday, April 28, 2011 11:53 PM PST 

AA.In F block facing commercial plots
prices 50 to 55 lacs.Other plots prices 45 to 50 lacs.

LRE Hot Topics replied on Saturday, April 30, 2011 02:51 AM PST 

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(47433)
Wednesday, April 27, 2011 03:06 PM PST 
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(47432)
Wednesday, April 27, 2011 02:31 PM PST 
DHA Lahore Phase 8 Prices Updates April 27, 2011

DHA Lahore Phase 8 Prices Updates By Lahore Real Estate April 27, 2011


Lahore Real Estate dont care if you are a buyer or seller. We will give you accurate fair market rates and Allah will give us buyers and sellers.


Ch Mujahid Yasin
03224009967

AA replied on Thursday, April 28, 2011 11:26 AM PST 

Kindly add Air Avenue (DHA 8) also for
prices

LRE Hot Topics replied on Saturday, April 30, 2011 02:51 AM PST 

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>
(47430)
Wednesday, April 27, 2011 02:28 PM PST 
DHA Lahore Phase 6 Prices Update April 27, 2011

DHA Lahore Phase 6 Prices Update By Lahore Real Estate April 27, 2011



Our goal is to educate our visitors enough so they are once again comfortable enough to invest in Pakistan. Before people were scared of getting cheated but now they can see what is worth of each street. We are also trying trying to educate dealers enough so they can serve you better.


Ch Mujahid Yasin
03224009967

DHA 6 Buyer replied on Wednesday, April 27, 2011 08:09 PM PST 

CMY Sb , if these are the prevailing
prices than L70 is indeed in the range of 76 as mentioned in this picture.

CMY replied on Wednesday, April 27, 2011 08:19 PM PST 

I knew I will be in trouble for posting rates in this detail :). First please note its 70 lacs not 76 lacs. Second every plot has its own value. These are general rates. If you dont like them please dont pay attention to them. Its not possible for me to post 100% accurate rate each and every day for each plot . Sorry but just cant do it as I have no energy or time to do it.

DHA Lahore Phase 6 replied on Wednesday, April 27, 2011 08:23 PM PST 

DHA Lahore Phase 6 replied on Friday, April 22, 2011 02:50 PM PST

L 70 of DHA Lahore phase 6 is worth about 66 to 67 lacs.

Ch Mujahid Yasin ( CMY )
03224009967

Asif replied on Wednesday, April 27, 2011 10:15 PM PST 

DHA 6 buyer sahib,

You probably misread 70 as 76. Please look closely and you will see that it is 70.

DHA 6 Buyer replied on Thursday, April 28, 2011 03:23 PM PST 

@CMY/Asif

My Bad , keep doing the good stuff (y)and ALLAH S.W.T keep you healthy CMY sb.

LRE Hot Topics replied on Saturday, April 30, 2011 02:46 AM PST 

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(47429)
Wednesday, April 27, 2011 01:18 PM PST 

Ad Type
City
For Sale
islamabad
salaam brothers,
please tell me which sector is good for rental income. is it e-11 or f-10 or bahria town? i am thinking about investing in 1 kanal house in one of these sectors but not sure which one is good for rental income and long term investment. thanks

STRANGER replied on Wednesday, April 27, 2011 01:27 PM PST 

W Salm,

If you are asking for the good amongst above 3,then F 10 is best if you can afford.

hasan syed replied on Wednesday, April 27, 2011 06:57 PM PST 

thanks mr.stranger

Any properties for sale in F-10 for 2.5Cr.please let me know. thanks

nauman replied on Wednesday, April 27, 2011 10:04 PM PST 

F10 would be 1st choice then E 11 behria is not good thinking. i have some option for you
contact

Dr. Ajmal. replied on Wednesday, April 27, 2011 11:54 PM PST 

What would be the price of 1 kanal house in F10 and E11?

I'm also looking to purchase a house in that region.

STRANGER replied on Thursday, April 28, 2011 12:10 AM PST 

@ hassan,
take this guy's number,he is also a regular visitor of this website.he put his
contact here on.
ihsan illahi

Phone:

nauman replied on Thursday, April 28, 2011 02:51 PM PST 

@ Dr Ajmal i have some option for you
contact nauman

KHAN replied on Thursday, April 28, 2011 11:24 PM PST 

invest in F-15/1 and 2 non-developed area , E-16 and E-17 CABINET DIVISION SOCIETY, i-11. low investment big potential to return hold only 2 or 3 year.

KHAN replied on Thursday, April 28, 2011 11:24 PM PST 

invest in F-15/1 and 2 non-developed area , E-16 and E-17 CABINET DIVISION SOCIETY, i-11. low investment big potential to return hold only 2 or 3 year.
>
(47428)
Wednesday, April 27, 2011 12:45 PM PST 
Commercial Plot

Ad Type
City
Scheme
Phase
Demand(Rs)
Features
For Sale
Lahore
Multan Road
Main Road
1500000 Marla
Newly Carpeted Road
(Best Investment) 11.55 marla commercial plot is available for sale on NEWLY CARPETED ROAD Only in Rs.1500000 (Per Marla). It is situated at Main Multan Road, Addj Badar Block Allam Iqbal Town Lahore. Best for Display, Car Showroom, Bank, Shops, International Restaurants or Electronic Centre. Contact us for more details.

Imran
>
(47427)
Wednesday, April 27, 2011 10:51 AM PST 

Ad Type
City
Wanted
lahor or isl
AOA,

I'm looking for expert advice regarding investing 10 million in property.
Main goal is to get max rental income based on 10 million RS. So far i have done reasearch and found some properties and result is that max rent
with 10 million investment is not more
55,000 rs per month.I like to know from experts what kind of property should i invest. I have these options available:

1- F-10, 1200 sq ft flat for 53 lakh and rental income 29K per month

2- 5 marla house in islamabad around 80 lakh gives you 40k rent

3- shop 300 sq ft in iqbal town for 95 lakh and rent is 44k per month

4- 1400 sq ft office in liberty area for 80 lakh and rental income is 53K

5- 12 marla semi commercial and rent is 50 k from school. Price 11500000 rs

6-700 sq ft E-type flat in capital are selling for 34 Lakh and rent is only 15 k.
I like to know which option is better in the long run.

abc123 replied on Wednesday, April 27, 2011 12:16 PM PST 

Point wise comments are:
1- Flata sre not considered "property". Flats are properties in air ...
2- Not beleiveable. Do tell us such a paradise point. I mean which sector of Islamabad.
3-A better option.
4-Ssame as 1
5- Perhaps the best of all .....

Of course choice is yours ............. :)

LAHORE replied on Wednesday, April 27, 2011 01:28 PM PST 

DeAR OPTION NO 3 IS BEST

Javaid replied on Wednesday, April 27, 2011 02:19 PM PST 

Not sure but if you can buy two plots of 5 marla each in Johar Town, Naheman Iqbal or nearby cheap societies, construct double story houses using a cheap but honest contractor - the toal cost will be around 10 million and you can rent each portion for around 16K to 18K - this way your monthly income would be areounf 65K to 75K.

Hope this helps.

FAROOQ replied on Wednesday, April 27, 2011 03:35 PM PST 

Dear Mr. Saeed,

Best of luck for your investment. Please let us know also about 3rd & 5th specifically, which area/landmark,
contact etc.

AG replied on Wednesday, April 27, 2011 08:40 PM PST 

Javaid Bhai I have two (02 nos.) 8 marla plots in Ali Block of Bahria town Lahore. One plot is corner plot & other faces the Park. Do you advise me the same as you have advised to Muhammed Saeed. What rents shall I be able to get.

Regards.

Javaid replied on Thursday, April 28, 2011 02:51 AM PST 

Dear AG
I am not sure about the actual rent values in Bahria Town - however in my opinion, people living in Bahria usually go for purchase rather than rent option...rental markets are hotter in areas which have close proximity to central markets, colleges, offices, etc. However you have good options in hand in terms of investment and I hope ALLAH gives you best halal rizq for you and your family.

AG replied on Thursday, April 28, 2011 03:29 AM PST 

@Javaid

Thanks a lot. May Allah (SWT) bless you for this all.

Regards

mohammad saeed replied on Thursday, April 28, 2011 08:31 AM PST 

I like to thank you every one who took the time from their busy life to post their valuable comments and i'm sute it will help lot of other folks too which are in the same boat.I'm also leaning towards option 3 and 5.
Javaid SB,
You have excellent idea but i'm not residing in Pakistan so it's very hard for me to build and control myself.
ABC123,
In G11 and G13, 25*40 houses are going for 86 Lakh.

Jameel replied on Friday, April 29, 2011 06:33 AM PST 

In Johar Town 5 Merla House old but good condition good
location House is giving best rental for Coast like 20 to 22 K per Month for 40 Lac Investment.
I have a House in Model own ext 10 Merla I bought in 70 and retal value is 30 K easily.ie 5% annual
Houses give you maximum 6% annual House rent Plus you gain about 10% in value of property annually, But there is headache in 50% of cases

LRE Hot Topics replied on Saturday, April 30, 2011 02:46 AM PST 

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(47426)
Wednesday, April 27, 2011 04:31 AM PST 
JOHAR TOWN

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
For Sale
Lahore
Johar Town
any
any
any
any
any
just at one call or mail,we are bound to fulfil your requirement at very cheap rates.JUST TRY

Kamran replied on Wednesday, April 27, 2011 12:23 PM PST 

What is the minimum price of confirmed 5M plot in R-III phase?
>
(47425)
Wednesday, April 27, 2011 01:29 AM PST 

I'm interested in an investment in a running business in Pakistan. Interested people please contact the following email address:

Hello replied on Wednesday, April 27, 2011 01:38 AM PST 

Where are you from?? what the reasons that you are interesting to invest in Pakistan.. completely introduce yourself before giving such an advert..

Investor 2137 replied on Wednesday, April 27, 2011 03:41 PM PST 

Dear Hello,

I am a Pakistani expat, I work in Africa. I earn good money so I want to invest in Pakistan since it is my home and close to my heart. I want people to benefit from my money. I don't want to invest in Middle East or somewhere else with Western economies benefiting most of it.

I will be in Pak in May. I am interested in running businesses/partnerships/new ventures. Healthy investment is available esp in the food/drinks etc sector.

Oga replied on Wednesday, April 27, 2011 10:53 PM PST 

Investor2137,

It is unfortunate that we have to be skeptical here, but it is not without reason. So assuming you are what you say you are, I'll give you some free advice since there is some common ground.

I was for a short while an expat in west africa myself. I now run my own small business in pakistan, set up primarily from the very hard earned income. While abroad I also invested semi-actively with a capable relative/friend (meaning regular input in everything, but just not present on the ground). He ignored our joint business causing it to fail, to his own financial loss as well, while his own business did well coincidentally. I still can't figure out the thought process, but I learned a lot.

There is only one reality here. The only business to invest in pakistan is where you are present yourself and you control it. There are two linked reasons 1) Lack of trust. you can trust NO ONE. even if they don't outright defraud you, they will never accept that their efforts may benefit someone (that is why partnerships fail here). 2) No sanctity of contract, no ability to enforce. This may be why #1 is so prevalent.

Save yourself much grief and money. If you want people to benefit from your money, you must bring your own acumen along with it. Money is not in short supply in this wretched society, good intentions and competence are.

Ahmed replied on Thursday, April 28, 2011 02:33 AM PST 

well said Mr. Oqa.

Ch. Yousaf replied on Thursday, April 28, 2011 06:17 PM PST 

Investor2137,

I fully agreed with Mr. OGRA. Infact i am a victim too. Some years back, i got a proposal from my best friend to start a new buisness. He was running and still running his personal business.

He send me the full report on new business. We agreed on terms and sent funds to start the business. I sent 300 times more money than was agreed in initial talks.

Begining i was getting twice monthly reports and then he stopped doing so and even no
contact. Everyone my friends, reletives advised me not to do business but i told them he is my best friend. He will not betray me. and then i got the result. everyone was right except me. Although the money i lost, couldnt effect me (Humdolillah) but gave me a good lesson. I recovered much amount later but still a good amount is un-recoverable.

I got this lesson after investing lot of money. But i want you to get experience from me and not to invest with anyone. If you want to do business do by yourself. One more thing, the day i invested with my friend from that day his business got double or trippled while our joint venture clashed. God knows what is the reality.

Investor2137 replied on Thursday, April 28, 2011 06:41 PM PST 

Dear Mr. Oqa,

Many thanks for your comments. I highly regard your advise since it was your personal experience.

rgds.

Investor2137 replied on Thursday, April 28, 2011 07:10 PM PST 

Dear Ch. Yousuf,
Thanks for sharing your story.

rgds

tzk replied on Thursday, April 28, 2011 11:56 PM PST 

beautifully explained Oga. Unfortunately, Most of overseas go through this at some level. If we had better thinking in Pakistan, foreign investor and local entrepreneur would have played big role in development of this country. small business is what drives an economy, not the giant projects

LRE Hot Topics replied on Saturday, April 30, 2011 02:46 AM PST 

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