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Sector E-12 Islamabad,

(57983)
Monday, April 26, 2010 08:08 AM 

Hello Islamabad,:flg
I purchased a plot in Islamabad and gave preference to E-12 on D-12. It is an ideally located plot but unfortunately no development. Sector D-12 has taken well ahead lead and I believe if the development take start E-12 is equally good
But when the development of E-12 will start:h
If I sale this plot can not buy one

What should I do :h
Your guidence in this regard will be highly appreciated and if you can comment the actual facts and realistic status of sector E-12.
Will this sector ever get developed and when is my question :h
I don't want that I sale the plot and development takes place as I have waited enough and wanted to take advantage if it is near by

Please comment

atiq raja replied on Monday, April 26, 2010 08:38 AM 

don't compare d/12 to e/12,very simple there is so many problems in this sector,due to this cda is not able to develop it,you are confuse about location of e/12,how you compare, it is not yet developed and have no any chance to develop ,it is a black hole of cda which looks out side beautiful but a big trap/hell inside ,please don't inter into this hole, don't believe the statements of cda or property dealers,simply don't invest your hard earning money.

Mohammad replied on Monday, April 26, 2010 09:49 AM 

Atiq bhai,

Mr Abdullah has already purchased in E-12. His question is what can he do now.

Thanks

Amjad replied on Monday, April 26, 2010 11:28 AM 

Only Allah knows when dev.work will start in E-12 and please don"t compare E-12 with D-12 sector.

Abuabdullah replied on Monday, April 26, 2010 11:35 AM 

Dear atiq raja,
I purchased this plot in 1996 @ Pak.Rs.40 = USD$ today it is 3time high in Pak. Rupee and 50% gain in USD. Profit wise I am not worried but my dream to have a home is not getting true. For this I put his quarry.

My question is if I sale, will it be not breaking Fast at Asir time or still it is Fajir in E-12 ?

Please advise.

Abuabdullah replied on Monday, April 26, 2010 11:40 AM 

secondly I am not comparing E-12 with D-12 both were same in 1996 even E-12 was in little better position so I preferred E-12 but development started in D-12 and thus is well ahead.

Ahsan replied on Monday, April 26, 2010 12:09 PM 

Dear atiq raja, would you please suggest some good area to invest initially with around 20 lakhs and build house after 2 years.I am a nature lover and want to have my house closer to margla hills.

Aamir replied on Tuesday, April 27, 2010 11:56 AM 

@Abuabdullah : Its not Fajir but still Sehri in E-12.You may decide not to keep fast.

@Ahsan : Try Saidpur Model Village some 1.5 Kms from Margala road and the area is of your liking, right in the foothills,lush green surroundings and within your budget as well.

@ All : As of now, only E-11 Sector is prosperous on ground. Nothing is clear about anything else. Do not get deceived by property dealers who tell you, "its time to make property purchases in Islamabad because of recession or else".

atiq raja replied on Tuesday, April 27, 2010 12:14 PM 

ahsan 20 lacks is not enough to invest in descent place for 2 years,waseem you are definitely trapped by the words of property dealers and now you can not swap your your investment to e/11,your suggestions is not applicable in Pakistan,supreme court clear cut decision is to provide plots to every single land owner of villagers even provide money for trees,wells and building material but cda is unable to provide such a huge amount to farmers even to auction commercial area of e/12.Cda is late for private partnership,like e/11 and northern strip of e/11

MAS replied on Tuesday, April 27, 2010 01:14 PM 

For a nature lover with smaller budget I would have advised Bani Gala if it were CDA approved. So many big wigs are living a comfortable life there while saving huge sums in plot price.

I wonder if it is morally all-right to buy in Bani Gala since it looks as if it has been unofficially accepted as genuine residential place by the administration.

salman_usa replied on Tuesday, May 18, 2010 11:20 PM 

I have just came back from pakistan and have plots in d-12. D-12 is now almost complete and ur allowed to build ur houses. I have friends who invested in E-12, 5 to 8 years back rather than in D-12. The problem is the price they paid for 5-8 yrs back its still kinda same in E-12 now and is not likely to increase for at least good 5 yrs.

I have seen E-12 from close up and there are so many illegal house build up which CDA has no possession for and are not likely to get it anytime soon. And with 20 lacs there is not much you can buy in islamabad, I always prefer a CDA sector instead of a society areas.

THE BOTTOM LINE IS THIS:
IF YOU CAN WAIT 10 TO 15 YEARS TO BUILD A HOUSE THAN KEEP UR PLOT IN E-12 OTHERWISE I WOULD SELL IT AND PUT IN EXTRA CASH AND BUY A PLOT IN E-11 ETC...

SUHAIL replied on Tuesday, October 26, 2010 04:39 AM 

can any one of you gentlemen tell me the selling price of a 356 sq. yard plot in E-12

malik shahid replied on Friday, December 24, 2010 05:58 AM 

i have 10million hard cash to investment is islamabad,kidly advice me to next twwo three years i get profit.
thanks

Zaheer replied on Sunday, January 23, 2011 02:06 AM 

There is people's hard earned money invested in E-12 since long. Can any one from legal fraternity guide us how to force CDA to start development in this sector. Can Chief Justus Iftikhar Choudhary take a notice of this problem.

SSM replied on Sunday, July 31, 2011 04:14 AM 

It's all about money. CDA did not have funds to settle disputes and start development of E-12 and everyone was waiting for 2011-12 budget to see some allocations for it. But nothing happened, and CDA did not get money this year. So its another year before we can see anything moving on E-12 front.

@Abdullah, you have two choices. Either replace E-12 plot right now with G-14/2, G-14/3, that is going hot and price still within reach (8 marla (30x60), Rs.3 million). Or wait for couple of years on E-12.

Latest on E-12 is that prices are increasing. Within last 3-4 months, prices on 10 marla (35x70) have shot up by 1.2 million approx. So its not all too disappointing at the moment.

@malik_shahid: D-12.... all the way!
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