Lahore Real Estate Forum

                                                          
 
Back to Forum |

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

(61354)
Thursday, November 4, 2010 06:33 PM 

AOA,I am in USA. I have a house in Karachi PECHS of 300 sqyd. I want to demolish and make 3 portions on that.Is it feasible to build and sell 2 portions after construction or rent out to a company because that area is in the heart of Karachi and can be use commercial purpose. The second opinion I got to sell it and invest in DHA Karachi for commercial property. Some good advice Jazak Allah,
Khalid

Faisal Naseer replied on Friday, November 5, 2010 05:23 PM 

AOA, my advise is that you should follow your first option of construction. It's a good location. If it's main road you can get a good rent.

Another option is, if the house is usable (not dangerous to live in), don't demolish it, just renovate it a little and rent it to a school.
>