Lahore Real Estate Forum

                                                          
 
Back to Forum |

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

(56858)
Tuesday, February 23, 2010 12:00 AM 

Dear I am planninig to invest my retirement income in some think like a rental /investment property leased to a bank for long terms regular income. I want to avoide the bank interest income. CMY or any body can guide me. By the way I have some 15 million in Pakistani rupees.
Thank you,
Khalid
Want ti invest in Lahore/ or Karachi whatever will be best

Shahji replied on Tuesday, February 23, 2010 08:16 AM 

It's nice to know that there are still people around that avoid interest income. However, I find it weird that you are still looking for a bank to rent out your property. There are better options.

Habib replied on Tuesday, February 23, 2010 08:36 AM 

It too Tough to extract Rental income, but I have found that Cost/Retal Ratio is better with Flats and small houses with small portions in populated areas.
On the higher end there is limited market for Mulinational or Chains. Both Fetch good return. Worst Ratio is in thinly populated posh areas where cost is high but rent is little.

Sincere replied on Tuesday, February 23, 2010 09:27 AM 

There are some islamic banks available, e.g meezan bank that can give good return and also it is not interest. It is my sincere advice to you that dont ruin your money and peace of mind at retirement age, by going for rental/investment property or any other useless business activity in pakistan e.g. stock exchange.

Ali Ahmad replied on Saturday, February 27, 2010 02:31 PM 

I have commercial property i want to sell, in Hall Road Lahore. These are 8 mobile phone shops, with 4 ft wide passage in centre, housed in main road showroom in Awami Market Hall Road near the Mcleod Rd Chawk. Shops are already rented. Registry will be provided after payment. On net payment i can give you handsome discount. My other business is on the mezanine floor of the same showroom. Collecting rent or if you want to start your own retail, it wont be any hassle. You can also buy minimum 2 shops if you want. im listing prices here and a link ive created on youtube for viewing my shops.

price for shop #3 & #4 combined is Rs. 6200000. Rent obtained is Rs. 30000.

price for shop #5 & #6 combined is Rs. 5200000. Rent obtained is Rs. 20000.

price for shop #7 & #8 combined is Rs. 5200000. Rent obtained is Rs. 20000.

price for shop #9 & #10 combined is Rs. 6800000. Rent obtained is Rs. 32000.

youtube link: http://www.youtube.com/watch?v=BYfmIXDHPjk

you can freely ask any question or give your offer.
my contact is,
Ali Ahmad ()

you can also contact my father,
Ijaz Ahmad ()

Ali Ahmad replied on Saturday, February 27, 2010 02:35 PM 

I have commercial property i want to sell, in Hall Road Lahore. These are 8 mobile phone shops, with 4 ft wide passage in centre, housed in main road showroom in Awami Market Hall Road near the Mcleod Rd Chawk. Shops are already rented. Registry will be provided after payment. On net payment i can give you handsome discount. My other business is on the mezanine floor of the same showroom. Collecting rent or if you want to start your own retail, it wont be any hassle. You can also buy minimum 2 shops if you want.
youtube link: http://www.youtube.com/watch?v=BYfmIXDHPjk

you can freely ask any question or give your offer.
my contact is,
Ali Ahmad ()

you can also contact my father,
Ijaz Ahmad ()

Ali Ahmad replied on Wednesday, March 17, 2010 09:16 PM 

ATT***** update:

6 Mobile phone shops on ground floor, 1st Awami Market, Hall Road.
All shops are already rented.

Total are 11 shopson this floor. 5 sold. 6 remaining.each size 25 sq ft. with 4 ft wide corridoor. There is double footpath outside the showroom, with wide parking for motorbikes and across road for cars. The showroom is visible from the Mcleod Road Chowk of Hall Road.

*********** 6 shops price is Rs. 12500000. Rent obtained from 6 shops is Rs. 55000.

Option available to buy 2-3-4-or 6 shops also.
Registery will be provided.

My other business is on the 1st floor of the same showroom. Acquiring rent or starting your own retail will not be any hassle.

Contact: Ali Ahmad ()
Ijaz Ahmad ()
>