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how to make living in lahore if you have 1 core ruppes,

(66282)
Sunday, July 10, 2011 02:28 AM 

I have my life saving of apporx 1 core ruppes, what is best way to invest to make living on that amount, i am coming back from uae to live in lahore where I have my owen house, I have young family to raise.

Kashif Riaz replied on Sunday, July 10, 2011 04:40 AM 

Dear Usman,

@ a sir Door ke dhol suhane hote hain... Living or working in UAE is not Forever secondly with having one crore ( approx 425 K UAE Dirhams).... it’s very difficult the start a business which can yield to meet your cost of living in UAE

Usman Sahib... the same issue is for so many expats in this region anyways Just I sincere advise don’t put all your eggs in one basket try to diversify your capital in three to four categories like real estate, retail, regular income Islamic solutions

Don’t rush into any business on the advises of others try to at least investigate the pros and cons first and then commit.

Most important believe in Al Mighty Allah the ultimate provider.

All the best
Regards
Kashif Riaz

Ali Khan replied on Sunday, July 10, 2011 07:19 AM 

Dear brothers,

Those of you who have a good expertise need to be specific in advising our brother as this info will also be of great value for many of us.

Regards

usman replied on Sunday, July 10, 2011 07:21 AM 

please I want to make clear NO SOOD income.I have no option to come back from uae.

AG replied on Sunday, July 10, 2011 08:34 AM 

@Usman

I have recently got my house constructed in Bahria Town Lahore through a contractor & found him an honest person. His usual business is to buy, usually, 10 marla plots in Wapda Town, build a house & sell it. House is usually build in 6 to 8 months & sale period varies from 3 to 9 months depending upon the market. He told me that he makes a profit of 0.8 to 1.5 million on each house.
He does not have his own manpower. He sublets different works to different specialist groups like masonary, electrical, plumbing, carpentry etc.
If you have 1.2 crore (12 million) you can buy 2 nos. 8 marla plots in Bahria Town Ali/Usman/Umer blocks at an average price of 20 Lakh each & start construction of houses. In my opinion you can make about 20 Lakh (2 million) in one year.

Regards.

Shahid _Saudi Arabia replied on Sunday, July 10, 2011 09:12 AM 

Greetings,

@ Usman ,Fertilizer is best. you can earn in halal way handsome profit. minium profit is 50%. please if you know some one who is doing fertilizer business.
I personally invest 45 lakh & got pure profit 23 lakh afte one year.
its not black marketing but only advance booking with company at least 4 month ago to start any season.

Thanks

FAROOQ, UAE replied on Sunday, July 10, 2011 12:35 PM 

@ Mr.Usman,

Great idea and advice given by Mr.AG.I always like his post.I recommend the same.

@ Mr. Shahid(KSA)

As Brother Mesfer asked, i also request you to explain in detail the Fertilizer Business.

Qasim-lahore replied on Sunday, July 10, 2011 01:02 PM 

dear Usman, purchase a 5-marla commercial plot in sector-c Bahria town lahore, built plaza with remaining amount,then rent it out.it will give you sufficient halal income. regards

AG replied on Sunday, July 10, 2011 01:56 PM 

@Farooq-UAE.

Thanks for your kind words. It is nice of you.

@Qasim-Lahore.

Qasim Bhai I also own a 5 marla commercial plot in ring on the back side facing the park & Akhtar Medical College. I also intend to build a plaza on it as "My Pension" because I also live in UAE like Farooq Bhai where ther is No Pension even if you have been working in the Government Of UAE. I tried to get, without success, an estimate for the cost of this plaza from our friends on this forum.
Mr Usman will have to be carefull. He must check the price of plot & total cost of construction & make sure that he has at least 25% extra amount before starting such a project.
Construction of Plaza is advisable for long term investment because, in my opinion, commercial area of sector C of Bahria Town Lahore will take some time to gain its full potential. If Usman Bhai can afford to stay in UAE for another few years then, for sure, this option is also Very Good.

Economists say Whenever there is High Inflation CONVERT your cash into Goods" This particularly applies to people in Pakistan who have some cash. There is high inflation & Pak. Rupee is depriciating rapidly against major currencies.

Regards.

Shahid _Saudi Arabia replied on Sunday, July 10, 2011 04:05 PM 

Dear Brothers,

Thanks for your interest. My Father In Laws are doing this business in Sahiwal. They have a dealership of different companyies & all company required advance booking at least 3/4 months.

You required a dealship e.g. FFC required first time 80 lack to get dealership or depends up your dealing with marketing staff.
After 2 or 3 months company will give you product(fertilizer) & you have to sale out. After getting that money again advance booking procedure.
Fertilizer business depends upon CASH, as you have more & more cash and profit will more. Minimum margin is 5o % if you have investment above 30 lakhs.
Even my father in law told me if you invest one core than you can get 70 lack with expense.
Few days ago Rs.100 / bag price increased. Know you imagine how much profit?

Usman replied on Sunday, July 10, 2011 05:15 PM 

I am very greatful to all my brothers who took thier time to give me advice, Thankyou Allah bless you all and my country pakistan.

Qasim replied on Monday, July 11, 2011 04:21 AM 

dear AG sahib,mr.usman can get 5-marla commercial plot on A or B side (back) from 50 to 60 lac today(day by day increasing trend).for renting out your physical presence is necessary.it is a good source of income as a pension also .AG sahib, about 4-months back you had invested 33-lac,today the worth of your plot on B-side back is about 55-lac (which is increasing day by day it means rent of constructed plazas are also increasing day by day ) regards

LRE Hot Topics replied on Monday, July 11, 2011 10:14 AM 

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AG replied on Monday, July 11, 2011 08:23 PM 

@Qasim.

Thanks a lot Qasim Bhai. Allah aapko khush rakhe.

Regards.

Chaudhry Mateen replied on Tuesday, July 12, 2011 03:55 PM 

Whatever business or investment you are planning do, please do Istikhara before starting.
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