Greetings
Need advise
I got plot in lower Q block next to boundary wall.
Being in oversea's my foot print in Pakistan is limited to vacation only and have no plans to move permanently as of yet... by time kids grown up most likely they will not settle in Pakistan and I will be at retiring I guess.
I was thinking to switch my plot to Askari 11 apartment as its a respected place to live/vacation/retire.
Do you suggest I should switch my investment to Askari 11 Apartments?
Is there any disadvantage of having apartment in higher floors as they are cheaper? I prefer top floor as its more windy, private, less noise/hectic.
I bought this Prism plot as file @ 18 lacs by CMY 8 years back :D
Thanks
Wj
aa replied on Tuesday, June 21, 2016 10:09 AM
does askari eleven have elevators?? i think its probably walk-up in which case higher floors big disadvantage |
Waji® replied on Tuesday, June 21, 2016 10:28 AM
They got generator Backed-up elevators ... |
khan replied on Tuesday, June 21, 2016 01:41 PM
how much is the cost of askari 11 apartments? |
Muhammad Ayyaz® replied on Tuesday, June 21, 2016 03:25 PM
@User_16407
I think you don't have a good idea about flats of lahore and particularly Askari Flats.
In Askari 1 Sarfraz Raffique Road older flats of 1992 and 1994 model have value from 11 Million to 13 & 14 Million.
(These flats have less than 1 million value in 1994 when they were launched)
Askari 1 also have 2011 and 2012 model.
These flats have good rental income too. In Lahore mostly Askari flats are successful because of their location, security and mostly due to their peaceful environment. |
User_16407® replied on Tuesday, June 21, 2016 04:00 PM
@Ayyaz
Please google prices of askari 1 -11 and you will see the appreciation, they are stagnant at lacs, new askari 11 are being sold at 100lacs so what appreciation is there? where as in Karachi the same flats are 175 lacs ......if some one had bought a house in DHA at 80 lacs in 2010 now it is 200 lacs this is appreciation |
Arqam replied on Tuesday, June 21, 2016 08:23 PM
Dont go for these flats as these are in abundance ......over 500 to 700 units ....all will be eligible to come in Market in 1st half next year....as per demand and supply formula ...to my assessment price will be further decrease....rest Allah knows |
