Dear friends,
I need sincere best advice.
I want to construct a Commercial Plaza immediately in Islamabad/ Rawalpindi.
Please advise as I am out of country for long time, and have little knowledge about pakistan market. This is my hard earned money.
Should I buy plot and construct Plaza in Bahria Town RWP (which phase is best), G15 Jammu and Kashmir or DHA Phase 2 Islamabad?
Kindly, do keep in mind the current prices and future return prospects etc etc.
Allah Hafiz
Pervaiz
A.M.BUTT replied on Saturday, June 6, 2009 10:57 AM
Rathore Saib,
It is my sincere advice that best choice is G15 (Jammu and Kashmir) in compare with other two.2ND choice, but long way to achieve is DHA -Phase -2 forget any commercial plaza in (Bahria Town).
Better do not go alone in plaza project go with group. 99.9 % people love to their money no question it hard earned are easy earned.
You can read in this forum there another friend launched the same project but he invite us to join. Better to start with that project with small amount and i assure that no risk.
God bless you.
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nabeel replied on Saturday, June 6, 2009 11:03 AM
all above places have long term return over commercial investment. overall bahria town starting phase is a better choice for commercial plaza as already most of the banks have moved there. in my view commercially best investment is in e-11 right now if you have money. |
ABD replied on Saturday, June 6, 2009 02:22 PM
Dear Rathore
none of the above will start returning you in near future however DHA -2 should be Ist choice Bharia 2nd and do not even consider G-15 Jammu and Kishmir for any investment. |
Malik Tahir replied on Saturday, June 6, 2009 06:54 PM
Dear Mr. Rathore,
In my naïve opinion, G-15 is best. In dha and bahria the payback is difficult. They usually does not permit for extra floors which a society allows. Hence it is always a viable project. Due to this prices are low and investor is attracted and makes money. Further, g-15 is considered Islamabad, bahria and dha are not. This is the reason g-15 price of 1 kanal is more than if bahria, despite later was better developed. Remember, the property of Islamabad is usually expensive and has better chance to move higher. |
Jameel replied on Sunday, June 7, 2009 07:10 AM
Dear ABD,
It wil be kind of you if you share as to how DHA phase 2 is the best.
What is the price range and do we have buyers or rent users if there is a plaza in coming 1 year?
Are there any plazas ready or under constrcution?
Looking forward to your kind comments. |
ABD replied on Sunday, June 7, 2009 01:37 PM
Brother Jameel
I did mention that none of the above scheme is good for early return The choice was between DHA Bharia and G-15. I suggested DHA as 1st choice since DHA has a strong developer on its back.. I believe if some one is investing in any of the above society it will be for the grand children.
You will agree that for commercial one needs a thickly populated area and all of these societies need ages to get so.
DHA and Bharia are approximately 12 to 15 years old while G-15 Jammu and Kashmir is touching 30 years. Now it should not be difficult to calculate how much of more time it will take to find a buyer or rent user in said societies. |
