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File vs plot,

(57910)
   HHH
Wednesday, April 21, 2010 07:38 AM 
Reply: >
Well congratulation to those who got good location plots in phase 8. But after reading post from those many unlucky guys who got bad location plots i could not help my self from writing this post for past two years i have advised people not to buy files and buy plots which can be seen on ground and this was the simple reason....Someone bought the plot for lets say 34 lac for file and 10 lac for developmental charges total cost 44 lac last month for phase 8 file .In 44 lac you could have gotten average location plot in phase 6 N block and very good rather best location plot in phase 7 like facing park corner and 100 feet road plus possession in about 6 months....... what good is general location of phase if u have worst location plot in it which is difficult to live in and sell even with good location plot you are not sure whether this map will stay in present form or not .....i have also learnt this lesson the hard way and always keep on advising against files ....
Please refrain from files learn from others mistake a brotherly advice
An Overseas Pakistani replied on Wednesday, April 21, 2010 08:35 AM 

Another hard learnt lession, neverever, I repeat again neverever trust your relatives for any deal or purchase. Do it yourself and not trust anyone, all are gready (Sorry, this is the truth).

Someone gave me 18-20 Lac plot in 35 Lac, only because I trusted him, being away from home.
Zafar replied on Wednesday, April 21, 2010 09:19 AM 

depends on ones family, i bought and i am happy now.
Kamal replied on Wednesday, April 21, 2010 09:56 AM 

Obviously files are long term investment. Average DHA phase 8 location will be worth more than one crore in four to six years time. Due to its better location ultimately average plot of phase 8 will be double the price of average plot of phase 6. One should always invest for long term horizon.
Be Careful replied on Wednesday, April 21, 2010 10:05 AM 

90% cases when you buy a property from a relative or friend thinking its a good deal you will loose a lot of money because he is handing over to you the worst property he don't want to hold.
HHH replied on Wednesday, April 21, 2010 02:04 PM 

@Kamal

Sir Property as whole is long term investment not just files .....And greater risk you take greater are the gains and so are the losses .....i am advising those who want to genuinely build house not the investors.....if you just want to invest and earn lot of money property is not the place you should look for short term gains.....phase 6 KLM blocks were considered the best when phase 6 was launched every one was saying they are the best and now we see they are no longer admired rather other blocks have taken their place ........ a plot in phase 8 facing graveyard or commercial building will always be below the average plot of other backward phase (567)...and this is what i am saying buy after seeing location on map not blindly....why get avergae location plot in phase 8 when u can get best location plot in phase 6/7 parkview etc........and if some one has extra money then he can buy best location phase 8 plot its his choice .....
Faisal (Jeddah) replied on Wednesday, April 21, 2010 02:27 PM 

I totally agree with HHH.if one is the genuine buyer and needs land for biulind his home, then one should avoid file options....
for investing purpose, one can go for any thing which comes in the mind, that wud vary from person to person
johnson replied on Saturday, May 15, 2010 11:54 AM 

piss email me
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