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Is this the right time to invest in E 12 Islamabad ?,

(63686)
Sunday, March 6, 2011 12:34 PM 

Prices in this sector are still very low.On the other hand,there is still no clear timetable for the development of this sector.Is this the right time to invest in this sector ?

Aamir replied on Sunday, March 6, 2011 03:13 PM 

The investment in E-12 has great potential to grow in future. However, to the best of my perception, its not the right time to invest here because CDA has not announced the award yet.

Q replied on Sunday, March 6, 2011 04:33 PM 

What are the prices for 1 kanal plot?

Waseem Malik replied on Sunday, March 6, 2011 10:03 PM 

I think price range for 50x90 and 60x90 in E-12 is around 70lacks to 100lacks depending on location.

I am curious to see when CDA will start retrieving land in E-12 and make some development on the ground. Last month CDA retrieved land in Banigala and some parts in zone 1. CDA is focused on those illegally occupied areas where there are no physical structures involved. It is easy for them to take it back and I think E-12 comparatively have very little physical structures. So it will be easier, but pressure on CDA from SC must continue. Further delay in development in sectors like D-12, E-12, F-12, G-12 etc. is nothing but a crime.

Mian Nadeem replied on Monday, March 7, 2011 12:03 PM 

Agree with Waseem Malik. It is more added that at present
4 CDA sectors are stalled.
E-12 First allotment in 1989
I-11 First allotment in 1989
I-15 First allotment in 2005
I-12 First allotment in 2009

F-12 and G-12 are acquired by CDA but not yet allotted. CDA is not in possition to vacate G-12 & F-12 because thousands of houses are constructed there & Billions of ruppees are required for BUP payment.
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