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I-16 islamabad,

(55147)
Thursday, October 8, 2009 08:18 AM 

dear Atiq raja and brothers from islamabad

now a days there is adv for I-16 islamabad balloting..
they have more than 600 plots of 5 merla and neraly same of 7 merla.
CDA is getting 25% initially with application form .
remaining in 9 months after draw/...
total amount of 5 merla is 14 lak and 7 merla of 20 lak..
what you advise...
or is there any other oppurtunity in islamabad in CDA in the same amount...
thanks

info replied on Thursday, October 8, 2009 09:08 AM 

Plots in I-16 are already available on less than the CDA asking price.

Amjad replied on Thursday, October 8, 2009 10:13 AM 

Devloped Plot size 30x60 sq ft is already available in the market in 18-19 lacs. CDA is looting innocent people because CDA have no money even to pay the salary to his employees.

iltaf replied on Thursday, October 8, 2009 10:29 AM 

CDA has completed the work there .noone is selling their plots in i/16 now ,the market price is up now .

Few months back all the property dealers bought the plots in lesser price and now they are selling it at higher price .Property dealers got the news of I/16 and they acted promptly by buying plots in cheap price .

This is the best opportunity in budget of 21 or 22 lakh for 7 marla and 14 lakh something for 5 marla .

Amjad replied on Thursday, October 8, 2009 10:40 AM 

Real market price is 18-19 lacs after a month 30x60 size plot will be available even less than 18 lacs. I think dealors and CDA both are looting the people.

Anwar replied on Thursday, October 8, 2009 01:52 PM 

I am little confused & need clarification about " if the plots are already allotted & are with dealers, then what CDA is offering? Further if its new area offered by CDA-is it already developed or yet to be developed .

iltaf replied on Thursday, October 8, 2009 02:34 PM 

It cannot be less than 20 ,stop misguiding .

Anwar

some plots are with CDA ,dealers got some plots from open market few months back when the market was down .They got inside news and anticipated CDA move .Now they will sell it more than 20 (7 marla) .wait and see dealers play their move .

Amjad replied on Thursday, October 8, 2009 02:37 PM 

CDA has created some new plots in this sector and for this they have advertised recently. Already allotted plots are available in the market which you can buy directly from the allottes or through dealors.

Qadir replied on Thursday, October 8, 2009 07:05 PM 

2 year before i was trying to buy a plot in this sector and i could not find 5 marla plot with in 20 lakh , some people trying to make me fool telling that he has a plot with in 14 or 16 lakh but on the table they reached upto 20 lakh and still they could not show me any thing , unless i come back to UAE .
you should understand it, these few thousand plot are distributed with in people all-over Pakistan and worldwide in overseas Pakistani quota for example .20 plot in Saudia 10 in USA 10 plot owner in Karachi 5 owner might be in Lahore 10 in rawalpindi 4 in che-chon-ki-mlaian and so on .so apply for these plot it is opportunity

Qadir replied on Thursday, October 8, 2009 07:37 PM 

12 years before property dealer got a all name and address of plot owner from CDA after paying a bribe in I-16 SECTOR and they send a letter all of them offer a good price what I found it at that time most of the owner are in Canada USA, KSA , UK UAE JAPAN Islamabad rawalpindi Hyderabad larkana Lahore Peshawar quetta serghoda silkot jehlam mauree Karachi azad Kashmir , and rest of them all over Pakistan , at that time some of the property dealer was buying these plot very aggressively only particular in this I-16 Sector .

iltaf replied on Friday, October 9, 2009 01:29 AM 

fully agree with qadir

They were all so desperate to buy the plots in I/16 .even they were giving nonstop adds in the news lahore addition for more than a month .They all wanted to buy the plots on cheaper rates and then sell it at higher rates .
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