Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

Scope of Audit and Account Cooperative Society Phase 2,

(101219)
   Nasir Mahmood
Saturday, May 21, 2016 07:08 PM 
Reply: >
Lahore Ring Road (SL-2) is passing through Audit and Accounts Cooperative Housing Society, Phase-2.

The prices are still very low, but can we expect plot prices to increase in this Society due to Ring Road?

What is the scope of investment in this Society?
ZS replied on Saturday, May 21, 2016 08:08 PM 

bohot Gandi society he seriously!!
Habib replied on Sunday, May 22, 2016 02:55 AM 

It is also gaining price as others but I tell You the experience of Phase 1 which is Next To Valencia, regarding water supply once they opened the pipes there was so much leakage that it was impossible to Fix and Many houses had to opt for Boring themselves.
Regarding Electric supply they did not have good lines and were feeing full society by one feeder with consequent drop of Voltage. This is story of 2007 and 2010 I am not sure is there any improvement as I see Many Houses there and Price is Good there.
phase 2 I never visited
Ibrahimdxb replied on Sunday, May 22, 2016 07:22 AM 

As per my own experience, Honestly speaking for investment point of view no society is better than DHA.
ZS replied on Sunday, May 22, 2016 12:01 PM 

100% agree with Ibrahim DHA is a name of Trust
Noman ahmed replied on Sunday, May 22, 2016 12:58 PM 

Everybody can not afford DHA?
Kabooter replied on Sunday, May 22, 2016 01:52 PM 

It is a badly managed society and will not see big gains. I think that it will just follow the market trend slowly but no big jumps expected. You get what you pay for.
Nasir Mahmood replied on Monday, May 23, 2016 11:38 AM 

Kabooter, Yes you are absolutely right that "you get what you paid for", but my concern is return on investment, that is the profitability rate on investment.

Since the price is cheap, we can get better percentage of profit in year's time, given the fact that the new flyover has opened, and Lahore Ring Road will also be passing through Audit and Accounts, Phase 2.

Any thoughts on that?
>