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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Ahmed
Saturday, August 22, 2009 02:43 PM 
Reply: >
Can someone please tell which sector will be better for living and location wise in future E-16 or B-17.

What is the price of 1-kanal and 10 M plots in above sectors.
Regards,
nabeel replied on Saturday, August 22, 2009 05:35 PM 

Glamour of B-17 is over. location on e-16 is 100 time better now due to the following two news updates: just wait till december. profit margin is high in e-16.

Islamabad, 2nd July 2009: During a meeting held here at CDA Headquarters on Thursday, it was decided that the project of construction of Khayaban-e-Margallah from Sector D-12 to G.T Road Nickolson Monument has been shelved.

http://www.cda.gov.pk/cda-latest/files/investment.asp?var=107

http://www.cda.gov.pk/cda-latest/files/news.asp?var=100
Naveed Lakhani, Islamabad replied on Sunday, August 23, 2009 06:26 AM 

CDA cannot just shelve a project like that, after official announcements have been made etc. CDA should be taken to the court for their highly corrupt behaviour and such irresponsible decision making. I will contact concerned high ups from my end and advise Chief Justice to take suo motu notice of this. CDA bureaucracy needs to be fixed for once and all.
nabeel replied on Sunday, August 23, 2009 07:25 AM 

CDA is right now working directly under PPP regime and they only initiate those projects which can give them huge profit (looting). Now this project is dead for atleast 4 to 5 years according to CDA.
atiq raja. replied on Sunday, August 23, 2009 02:03 PM 

just announcements,cda is not able to built such type of projects,e/12 is 20 year old project which is still not completed,this is just cda dream ,please don't gamble,invest in constructed cda sectors or in developed societies like e/11,may be d/12,ajk society,pwd,sohan gardens.naval scheme ,o/9 police,dha 1 or 2,may be 2ext or agochs11, and bt 1 to 7.
Owais replied on Monday, August 24, 2009 07:31 AM 

Dear Atiq Raja Sahib,


Ramadan Kareem.

Do you mind in giving your e mail address?

Regards
Muhammad replied on Monday, August 24, 2009 10:33 AM 

Dear Nabeel,
Sorry to disagree with you i have recently visited both E-17 and B-17 and sold of my plot in E-17, the development in E-16-17 is not to be seen anywhere it is at the same position which i was looking for the last 2 years. B-17 development is in much better pace any one can visit the locations and see the difference but the disadvantage of B-17 is it is further from E-16 and it takes you longer. Besides Atiq Raja is 100% right in saying invest in developed areas. PWD and Sowan gardens is a much better option then E-16 and B-17.

Rgds,
Muhammad
nabeel replied on Tuesday, August 25, 2009 09:41 AM 

You wont disagree with the fact that margalla road extension is no where in the sight. which is the ultimate draw back fro B-17. Far location is the main thing. Therefore dha ext or anyother place cannot gain price soon. Even after possession of b-17, prices are on same level. margin wise e-16 is better investment
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