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Investment advice with 5 to 6 million hard earned money,

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   Haidar Ali
Tuesday, April 17, 2018 07:35 AM 
Reply: >
Dear property gurus,

I need advice on where to invest 5 to 6 million hard earned money. Any advice will be very appreciated from experts of this forum.

Thanks
Ashfaq® replied on Tuesday, April 17, 2018 08:25 AM 

DHA Multan one kanal cash file for solid return, In Sha Allaah
Ahmad replied on Tuesday, April 17, 2018 08:27 AM 

Dear ashfaq
it is sinking down down very rapidly please justify further on what basis you are saying this??????????
Ashfaq® replied on Tuesday, April 17, 2018 08:36 AM 

Yes brother, that's why advising you to buy. you have to pick up at the lowest price, In Sha Allaah. This decreasing trend is an opportunity to buy.
Haidar replied on Tuesday, April 17, 2018 01:23 PM 

Thanks for your advice but I am not interested in files or plots outside of lahore.

My options so far are in this order

1- Bahria GVR 10 Marla
2- Prism 10 Marla (if possible in this budget)
3- Phase 6 5 marla file
5- Central Park 10 Marla
6- Bahria Orchard phase 4
Jameel replied on Tuesday, April 17, 2018 04:45 PM 

Good 10Merla plot in prism will be in about 70, you may go for an army update plot and pay rest of installments slowly. When paid off it will make a nice holding.
Nabeel® replied on Wednesday, April 18, 2018 04:49 AM 

I agree with Jameel, but army update plots Prism being currently quoted around 75+ which is outside budget, and most of development charges still remaining so it will go even more out of budget.

I agree with Ashfaq as well. Multan is getting an even better buy in current environment, pick one up at total price including all charges at 45 lakh. Remaining amount can put in 5 marla Gujranwala installment file.

This will also give a cash cushion for some development charges for Multan if they do ballot this year, or next few installments of Gujranwala.
Shahid® replied on Wednesday, April 18, 2018 05:04 AM 

Jameel sab, please advise about 'LDA avenue one' average location 10 marla plots for around 45 to 50 lacs.
Advise Seeker replied on Wednesday, April 18, 2018 04:45 PM 

I think your investment bracket best suitable option is 10 Marla Bahria Orchard Phase 1.You will get developed possession plot within Rs. 5.5 to 5.8 inclusive all transfer and allied costs.
Mirza replied on Wednesday, April 18, 2018 09:30 PM 

I understand the difference between allocation & affidavt files.

What is Army Allocated File ?

Thanks
Considering DHA Multan but some dealers on zameen.com are quoting 42 for 1 kanal file. While LRE is quoting little more.
H Ali replied on Thursday, April 19, 2018 05:23 AM 

Thank you fellows for your advice so far.

Speaking to LRE, they are suggesting a plot in 9 Town? Isn't it maxed out by now?

DHA Multan also seems a good deal at current price but it is too much up and down. Is it a stable option? When will the development work start/end?
H Ali replied on Thursday, April 19, 2018 05:23 AM 

A new deal has come up for Bahria Nasheman and this new block will get its own entrance from Ferozpur road. Price is very high at nearly 7 lac per marla. In that area where there is Central Park and Grand Avenue the price is 5-6 lac per marla in developed possession area so not sure if the price is justified.
H Ali replied on Thursday, April 19, 2018 05:27 AM 

I was interested in GVR because it has better access than main Bahria and even Orchard due to being in close proximity of LRR Ada Plot exit.
H Ali replied on Thursday, April 19, 2018 05:29 AM 

Final option to think about is NFC 2 has the final phase of LRR will connect the dots and access NFC will be great. Also development work is going on at good pace.
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