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D-12, Islamabad(1 Canal Plot),

(61502)
Sunday, November 14, 2010 11:11 PM 

AOA, I am living abroad & would like to know if D-12, Islamabad(1 Canal Plot) is good investment in Pakistan. I do plan to built a house after 02 yrs.

Yours sincere suggestions will be highly appreciated.

Thank you.

Regards

Faisal

replied on Monday, November 15, 2010 06:11 AM 

D-12 is very good sector for investment and its the proper cda sector not housing sector ,G-13 is a housing sector,thanks

Sector of Tasteful ppl. replied on Monday, November 15, 2010 08:00 AM 

It might take a little time but there should be no doubt that D-12 is going to be one of the best sector of Islamabad. its location scenic views, excess from official buildings, motorway and GT road when margala road is in placed.

secure being closed to future GHQ and many more are plus point. simply I would suggest to go head and do not miss out if you have the opportunity to buy and live in this sector.

Sleepless replied on Monday, November 15, 2010 11:24 AM 

what is the price range for D-12 anyone? Especially for 01 Kanal

Khayyam Shahzad replied on Monday, November 15, 2010 02:10 PM 

I am currently visiting Islamabad and have visited this sector in detail for the past few days. There are around 10-12 homes under construction in sector D-12/1 and 2. There are no homes under construction in sub sector 3 that I can see and only one small home in sub sector 4.

Grid station is 100% complete and I wrote earlier. Sewage pipes and completed. Electric cables are laid out in most streets of sub sector 1 & 2. I don't know about 3 & 4. Road work is visible but choppy and inconsistent. You can see many main roads being doubled and inner roads partially leveled and material for the roads on the side, though I have not seen too many developer workers in the last two days. May be they all left for EID earlier than expected 

To be very honest if you are looking for a 'flashy' development in a sector such as nice carpeted roads, foot paths, landscaping and lighting poles, you won't see them in this sector yet. Development does not appear on surface to the same standards as other nice developments such as Bahria, Zaraj and DHA. What this area offers is close proximity to proper Islamabad, wider roads, green designated areas, Margala view, pollution free air, minimal trough traffic from other Islamabad sector etc.

There is no doubt in my mind that it will be a reasonably livable place in about one to two years and an amazing sector in about five to seven years. I meet two other owners here who are waiting to build their homes as soon as they get the electric connections, which if I were to guess will happen within two to three months; perhaps even less, but who knows? I also meet a Chaiman of a very important government department who is building a home in D-12/2 and he said that he expected hundred homes under construction in one year and that owners are now simply waiting for the electric connection.

If you have posses a long term vision and patience for this sector to develop, I highly recommend buying here. Building a home in Pindi in developments mentioned above is also good and is cheaper. I am not too familiar or crazy about G sectors but perhaps those are good too. One kanal plot is around 1.5 caror in this sector even in these conditions. Once developed it could be much higher.

Please do your own research and do NOT invest because any of our recommendations or opinions. The investment is not cheap and like everything else, risk and rewards are also very high. It could go either ways. Historically my investment track record is not good though for this one I fee strong :-)

Good luck.

Faisal replied on Tuesday, November 16, 2010 04:05 AM 

AOA Khayyam Sahib,

60 x 90 size plots considered as 1.2 Canal price range are from 1 crore 50 lacs to 2 crores where as 50 x 90 size plots considered as 1 canal plot price range are from 1 crore to 1 crore 20 lacs.

In view of the above, please share your comments.

Regards

Faisal

Khayyam Shahzad replied on Wednesday, November 17, 2010 12:54 PM 

Dear Faisal,

Thank for correcting my price range for 1 Kanal. I to 2 caror for a one kanal much better than what I thought it was however it is still a considerable amount of investment considering alternatives in pindi or Islamabad surrounding alternate options.

Each situation is different. I think in surrounding areas such as BT phase 8 and B-17 are options where you can get same size plot for under 25 lakh. Having said that none of those options are very close to the heart of Islamabad.

D-12 has the most potential to be the next VIP sector of Islamabad. The risks are that it can take much longer since the development work appears very slow, not as complete and robust as other schemes mentioned above.

It all comes down to your preferences and willingness to take risk. In my humble opinion D-12 will be a very good sector unless CDA runs out of money and becomes unable to complete or continue the development work.

In short if you are looking to make quick money, it may not be the best option. However if you are willing to either wait longer or live in this sector in about one to two years, it is a good option. The best indication is that the price of this sector has not gone down one ruppee despite all the delinquencies, bad Pakistani economy and fierce competition from other sectors and societies within Islamabad and Pindi. They have either stay the same or gone up 5 - 10% in the past two years. I expect an upward trend moving forward as things look promising but slow on the ground.

Khayyam Shahzad replied on Wednesday, November 17, 2010 01:11 PM 

CORRECTION. I meant 1 to 1.2 caror for one kanal and NOT 1 to 2 caror.

Faisal replied on Wednesday, November 17, 2010 11:27 PM 

AOA Khayyam Sahib, Thank you.

ZB replied on Thursday, November 18, 2010 12:15 PM 

Thank you brother Khayyam for sharing the information

MSK replied on Thursday, November 18, 2010 04:17 PM 

are the smallar plots (25 x 40)in D-12 also have good future ?
i am much confused whether to go for bigger plot in bahria phase8, f17, B17 or smallar plot in d-12.
Actually I need it only for investment purposes because i am not gonna live in islamabad neither i am planning to construct a house there, i only want maximum profit in the next couple of years e.g. 5 years.
Please can someone advise which option is good in my case? (rand upto 25 lakh).

Khayyam Shahzad replied on Friday, November 19, 2010 12:05 AM 

Dear MSK,

Expected future for smaller plots are the same as larger plots. It's the sector that counts and not the size. There are buyers for each plot sizes.

I recently visited other developments as well. Of them I liked B-17 and BT phase 8 the best at they appeared nicely developed. From what I understand the prices are down in those sectors due to the overall market slump. Where as the prices have not come down in D-12. In fact it has gone up slightly or held it's ground due to the fact it is CDA (despite it's inefficiencies).

I am not a investment expert, therefore defer the answer to your real question about where to invest for a profit in 5 years, to other brother who knows more.

MSK replied on Friday, November 19, 2010 06:05 PM 

Thank you Khayyam,
I would appreciate if other experts give their sincere advise, as it will be my first investment.

Property Helper replied on Saturday, November 20, 2010 03:47 AM 

For investments!

Why just do not keep the savings in Dollars or any other stale currency?

If you plot a graph of Pak property value versus PKR decline to a stable currency, you do not need an expert to tell you that what was better?

I had invested in DHA some time before and now when I do my math and calculate the Riyals value I put into versus the current exchange rates, I must have doubled my money whereas I lost like fortune in Pak property even in the places where Pak property has stayed the same or slightly gone up?

Am I wrong here friends?

Ali Khan replied on Saturday, November 20, 2010 05:09 AM 

Dear Property Helper and other investment experts,

Thanks on the part of Property Helper who has kindly shared his personal info. If possible, he can share with us the numbers to give more clarity.

Also, other experts can give their opinion if it is advisable keeping money in dollars or purchase plots or buy defence certifcates?
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