Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

Best on ground plot in 75 lakh for investment?,

(102095)
   Nabeel®
Saturday, June 4, 2016 01:03 PM 
Reply: >
Dear Experts especially Ahmet Sb., Jameel Sb. and others,

What would be the best investment for 2-3 years in on-ground (possession) plots? I am looking for growth but also something that can be easily sold in times when cash is needed.

Thanks
AhmetKildir® replied on Saturday, June 4, 2016 03:56 PM 

Great location 10 Marla Prism plot. Catch it while you can.
AhmetKildir® replied on Saturday, June 4, 2016 04:06 PM 

Sorry I just realized you said possession plots. By the way, Prism can be sold any second any day. But it's not possession plot of course. Maybe you should consider DHA Town 8 Marla plots?
Z.F replied on Saturday, June 4, 2016 04:26 PM 

ziyada behtar hai Prism 9 may hi lay lo 1 Kanal or 10 Marla... Price appreciate ho jai gi withinh 1-2 years kafi ziyada.
AHMAD HASSAN® replied on Saturday, June 4, 2016 05:21 PM 

Buy 10 marla plot in Air Avenue. Today it is under priced but a link road will connect air avenue with Phase 8 proper then a big jump is expected. Location is also very good. Phase 7 is also an option for you.
Nabeel® replied on Saturday, June 4, 2016 05:48 PM 

Thanks guys for the options. One thing I'm concerned is about paying non-construction penalty as I don't plan to build a house for next 3-5 years.

Does anyone know what will be the non-construction charges for 10 marla and DATES when non-construction penalty starts for:

-Phase 7?
-Air Avenue?
-Prism?

How to avoid non-construction penalty and does it have to be paid in full upfront?

Thanks, I'm totally unaware about DHA.
Ali replied on Saturday, June 4, 2016 06:43 PM 

in dha it is always 3 hours after possession is granted to first owner. so just check that and proceed accordingly.

PRISM has another easy 6 years without any construction penalty for you
Nabeel® replied on Saturday, June 4, 2016 07:44 PM 

Thanks Ali.

How much would be the penalty? And does it have to be paid fully from Day 1?

What's the way around it?
User_3749® replied on Sunday, June 5, 2016 01:09 AM 

@Nbeel you should consider many things. If you are not in hurry and also want to avoid non construction penalty then why you are looking for on ground plots. If you can strech holding power to five years (to avoid 10% capital gain tax) then best possibility is to invest in a project where pocessioni is expected in 3-5 years. In my suggestion you should try to buy 2 5 marla plots in prism to increase liquidity. It is possible that many people will try to sell before june 30 so you may take decesion.
Teacher replied on Sunday, June 5, 2016 03:46 AM 

Air Avenue has some kind of drainage problem I heard from a dealer. I think you should avoid Air Avenue and stick proper D H A phases for secure investment.
MS replied on Sunday, June 5, 2016 03:47 AM 

I heard that Air Avenue has some kind of drainage problem. I think you should avoid Air Avenue and stick to proper D H A phases.
Nabeel® replied on Sunday, June 5, 2016 10:21 AM 

Thanks for all your suggestion brothers.
Nabeel® replied on Sunday, June 5, 2016 10:38 AM 

@HassanHC which sectors of Bahria Orchard would you recommend?
>