Dear Friends,
Market is sleeping what’s going on, no movement even no suggestions like before from Mr.CMY will it come back after the budget.
I have couple of questions please put some light on these.
As they say when market is slow is a good time for the investments, will market go lower than this situation. And if CMY and other friends have to recommend what would they recommend for 3-5 years investments. Like phase 5 extension will there be any plotting or developments some time soon. Why park view is not a good deal.
Or lets put it this way what are the few best options for 3-5 years investment with less than 50 lakh budget.
Thanks in advance.
Waqar Latif replied on Thursday, June 11, 2009 02:45 AM
everyone is waiting for budget, and also news about imposing the tax on real estate. |
Habib replied on Thursday, June 11, 2009 04:46 AM
I think it worst time on Market and You may get Cahnce to buy at very cheap rate the best Property. But keep in Mind there quite chance your investment might come further down in 1,2 year. But inflation is going on so ultimately you will agin in Long run.
But keep in Mind only buy mature property like Phase 6 is Good, similary adding few more Lacs you can get average plot in Parkview. Dont go for speculations in My view at this time one should go for
Parkview in 55 to 60 lakh
Phase 6 in 40 to 50
Phase 7 in 30 to 35
In other areas
Bahria sector B 10 m in in about 18
Valncia in 15 merla about 35 to 38
Jubilee 10 Merla in 14 to 17
THESE ARE TOP CLASS INVESTMENT WHERE RISK OF FALL IS MINIMAL |
Farid-UAE replied on Thursday, June 11, 2009 07:34 AM
What is the ideal place/location for buying a house (within 6 moths or so) with a budget range of PAk Rs. 8 -12 M for a 10 M, 14, M or even 1 kanal house in Lahore. How much houses prices are expected to drop in developed/semi developed areas.
My family would be living in t so the area/society should be developed reasonably so that the people can live in that locality.
Pls advise |
jazi replied on Thursday, June 11, 2009 08:52 AM
Habib Sahib sounds good thanks a lot.
CMY looks busy these days please comment if possible.
God bless you. |
Habib replied on Thursday, June 11, 2009 09:23 AM
Farid UAE,
Coming 6 months can be best time to buy a house, i myself also want to tap the oppurtunity, in 12 Million One Kanal houses can be found in these areas
WAPDA Town 10 to 12 M new or few years old House
Canal View about 12 M [V good location] about 5,6 ys old houses
Lala Zar One also called Judicial about 12 Million [V good Location]
Defence Phase 1 about 12 Million [10 to 12 years old house]
Faisal Town 10 to 12 M [well Miantained 10 to 12 years old House]
Johar Town About 10 to 12 Million new or few years old
Valancia about 10 million new House.
All are approximate prices of Kanal houses. |
Guest_ replied on Thursday, June 11, 2009 11:39 AM
For the next 3 - 5 years, Park view is one of the top ans safest options. keeping in mind the location, ringroad, airport, new commercial area as Hyatt/Pace etc etc. But its cost has already appreciated more then average properties available in Phase-6, 5-ext etc. If you have enough to invest (60+) i advise to go for park view. but do visit the area first yourself |
