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Best 1 Kanal Location in Lahore,

(59483)
   Muhammad Nasir Abbas
Wednesday, July 14, 2010 09:45 AM 
Reply: >
Dear Friends,

I want to purchase a plot of 1 kanal in LAHORE within 45 Lacks in some good location (in Sept. 2010), where I can live after 8 years or sell at good profit.

Please advise which scheme is better.

Very Thanks & Regards,
PROGRESS replied on Wednesday, July 14, 2010 10:35 AM 

Buy Three files of 1 Kanal in DHA Phase 9. It will be 3 Kanals instead of One means (12 Kanal Agri). Secondly it will give a hand-sum return after 8 years if it is for investment purpose.
A.M.BUTT replied on Wednesday, July 14, 2010 10:41 AM 

Nazir Abbas

you should purchase in OPF (HS) lahore it is on 200 feet road wrigt side of valecia. You can get Pne kanal plot in 32 to 354 lakhs. Try to get in Block B.Further detail you can write me on my mail address ()
Ijaz replied on Wednesday, July 14, 2010 11:02 AM 

Dha 9 is most profitable investment and safest for long term. Buy it and hold for 7 to 10 years. You will be able to sell around 65 to 75 lakh within next 7 to 10 years. Whenever the property will shoot up this will gain very fast.
arif replied on Wednesday, July 14, 2010 12:14 PM 

opf scheme is kachra.mr progress is right.in this budget u can buy 3 files in dha 9,10.it is best investment in lahore right now for 5,6 years.if i were u i must go for dha 9,10.
abubaba replied on Wednesday, July 14, 2010 05:44 PM 

You have to make up your mind" where I can live after 8 years Or Sell at at good profit."
I will not mix up the two. If I want to make money in 8 years time, then listen to the members above who are suggesting you Phase 9/10 DHA and may be some other locations.
For living in 8 years time, I think Phase 8 DHA will be a good place to live.
AS replied on Thursday, July 15, 2010 12:56 AM 

Investing 25 lakh (Price of DHA 9 plus expected Dvlop. Charges) in some other scheme or business will return more profit in 7---10 years than DHA 9.
In old times People were thinking about investing in real estate and waiting for long long time to get profit. The scenario is changed now , world is very fast and we cannot get idea of voltaic economic / political situation in even near future., we have better options to get frequent liquid money in short time.
I am totally in favor of real estate but do not suggest/appreciate 7---10 years long term investments.
If somebody have far surplus then DHA 9 is good investment.
AS replied on Thursday, July 15, 2010 12:57 AM 

I would suggest to buy a ready house in Bahriya (08 Marla House - 42---50 Lakh) and rent it out. The normal rent is 15,000 to 18,000 PKR per month. Keeping fixed min. rent, you will get 14.4 Lakh in 8 years (15,0000x12x8 =14,40,000). Plus the house value (of 42 Lakh house) would become 62 Lakh (Considering fix 5% inflation per year). (FYI -Inflation rate in Pakistan was 25% last year but not for real estate).
So in total you may Earn = 34 lakh in 8 years on investment of 42 lakh.
AS replied on Thursday, July 15, 2010 01:07 AM 

Sorry for Miscalculation,
Correct is,
(15,000x12x8 =14,40,000).
A R replied on Thursday, July 15, 2010 05:28 AM 

DHA phase 7 ....on ground plots should be bought it will get possession in one year time and after 8 years it will be full of houses ..in 45 u can get the best location plot (cornor plus main road plus facing park......and in addition to that name of dha ..files will not give u location and u might not even have possesion in 8 years time.Bahria will charge u money for not building house if u buy in area which has already been given possession
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