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F-11 Markaz Shops & DHA Home Unit To Sell,

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   F-11 Shops & DHA Home
Friday, February 11, 2011 03:17 PM 
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DHA Home 8 Marla corner double story corner villa is available for sale.

I received the attached pictures two week before from Mr. Nayab Khan (The DHA Official) and it could be seen that job is ongoing. The Turkish company is on the work and I think after some time the downfall in prices will start holding as more structures would become visible in near future.

I know there is a loss in price but I would sell at even greater loss than it is in the market as I need urgent cash.

Please note that as I am outside Pakistan, I have to make the deal through Mr. CMY whom I trust in making deal.

I have another commercial property to sell. These are two adjacent shops located in F-11 Markaz, in the basement in the central plaza. I can vacate the shops before making the deal or the buyer can keep them on rent.
I never had any trouble from the existing tenants for the last more than 8 years (same people from the day one).
My asking price is 60 lacs for the two shops. Again the deal will be through this website.
abc123 replied on Saturday, February 12, 2011 03:15 AM 

How much are you getting as rent for your two shops in F-11 from your present tenants?
Oversease Helpline replied on Saturday, February 12, 2011 05:59 AM 

Would you please write How much are you getting rent per month for your two shops in F-11 from your present tenants?
F-11 Shops & DHA Home replied on Saturday, February 12, 2011 09:04 AM 

Dear Friends,

I am getting 20,000 Rupees rent for both shops which will be now 25,000 after 3 months as per the contract.
But as per the telephone call, I made last week to the plaza’s builder office, I was told that after vacating the shops, the rent could go as high as 20,000 per month for ONE SHOP.

Please bear in mind the following before you make up your mind to make a deal and ask me to come to Pakistan:

1: The Owner/Tenant problems are at minimum in Islamabad.
2: The contract is like this: The first 3 years the raise will be 8.3% per year and AFTER 5 year the whole contract is void and new rent as per fresh market forces will be defined which could go many times more than the existing one. We had done this in a brotherly manner with the tenant, last time.
3: The customers mostly first go the lower ground for shopping and later come up at ground level.
4: Ground level shop is minimum at 01 Crore of Rupees but business as per investment/return ration is more in the basement. Please verify for yourself also.
5: I mean it “word by words” when I say that Tenants are good, probably the best one in the whole plaza.
6: I did not increase the rent as I wanted to start my own business as both shops are adjacent and they could be used as one shop so I did not want to lose my good tenants. But now I abandoned the idea of my own business.
7: The reason I am selling is that I am involved in buying of an Agri land in my village as I think the way our country is going the future is not in the commercial investment in cities but it is in Agriculture investment as people would still need their bread, no matter where the economy goes!
8: IF my tenant approaches me even at the time of a final settlement with anyone else, they will get the priority of having them, as they have the right to buy them before anyone else!
F-11 Shops & DHA Home replied on Saturday, February 12, 2011 10:36 AM 

Sorry for a mistake!

Point#4: The word is “Ratio" not "Ration".
abc123 replied on Sunday, February 13, 2011 04:08 AM 

Thanks for the information! I'll contact u soon inshallah after having a visit to the place.
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