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SELL, BUY AND CONST,

(112458)
Thursday, January 4, 2018 05:31 AM 

Dear LRE,
AOA,
Please to guide me for following proposal.
I have 10 MARLA Plot near L-1227-Prism with 6 paid and 10 Marla Plot near R-2763-Prism with 5 paid.
I want to sell both plots and to buy one 10 Marla Plot in T Block Phase 7 and to construct double STOREY House on it.
Please to furnish the sale cost of both plots, purchase cost of the new plot and construction cost.
Is it possible to complete this within the above proposal.
With Best Regards.

Adnan replied on Thursday, January 4, 2018 06:06 AM 

Dear Alvi, the construction cost of average home is around 2000 Rupees per square foot, covered area in 10 marla two storeys should at least be 3300 sq. feet, so construction cost should be around 6 million if you are careful. Good 10 marla plot in T block ready for construction should cost around 8 million, so total budget should be around 14 million, you could probably make a few compromises on construction quality and plot location and save may be 1 million, still minimum 13 million. So yes if you can sell your plots for that kind of money, it is doable. Problem might be finding buyers that are virtually non existent at the moment. Good luck.

ALVI replied on Thursday, January 4, 2018 08:01 AM 

Dear Adnan Sb,
Also please to comment on my two plots that I want to sell.

Adnan replied on Saturday, January 6, 2018 08:54 AM 

Consult market dealers, don’t stick to one, talk to multiple dealers, hope you find buyer, once you have offer, let me know. I may be interested in buying one of your plots

Nabeel® replied on Monday, January 8, 2018 07:10 AM 

Would agree with Adnan. Better to dispose of the two plots in any case as they are in distressed locations. Finding buyer in today's market will be tricky

ALVI replied on Saturday, January 13, 2018 07:12 AM 

Dear Adnan and Nabeel Sb.
I want to sell both plots with suitable price at the same time because I have to purchase the plot and start the construction work together.
In this regard I shall inform to Mr Adnan in the middle of May 2018 because I shall be out of the country and come back in May 2018.
However during this period I shall be in touch with Mr Adnan through "DISCUSSION" and on Mobile.
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