Salam all,
I live in Canada but visit Pakistan once a year so taking care of the house/ tenants is the biggest concern because my friends can only help out so much. Can anyone advise me as to where I should purchase a house in Lahore and with a budget of approximately 70 lac will I be able to get 1 kanal house in a good area i.e. Valencia? Wapda? 10 marla in DHA?
Any advice by respected CMY and other members is well appreciated! Thanks
CMY replied on Monday, August 8, 2011 05:50 AM
In DHA Lahore you need min 80 lacs to buy a 10 marla house.
It is suggested that you buy a house in DHA Lahore or Bahria Town only as these places are Qabza groups free.
Ch Mujahid Yasin ( CMY )
03224009967 |
Kashif Riaz replied on Monday, August 8, 2011 07:58 AM
Dear Saeed Sahib,
In your budget, a slightly used 10 Marla House will be available in Wapda Town Lahore. It’s a decent society with all amenities available there and rental return and demand are also reasonable. 10 Marla house can fetch your monthly rent of around 35 K.
I m really shocked to see Dear CMYs’ comment that only DHA & Bahria Town is free of Qabza..... or because LRE deals in them only!!!!!!
Anyways that CMYs views
Regards
Kashif Riaz |
Kashif Riaz replied on Monday, August 8, 2011 10:07 AM
Thanks for the clarification dear CMY sahib.......
You are a very rare kind in this buisness that why it hurts more when something we dont expect from you.
God bless you and keep your good work going
Regards
Kashif Riaz |
adnan552 replied on Monday, August 8, 2011 11:35 AM
I was recently in Pakistan trying to purchase 1 kanal house. I did explore wapda/valencia/nfc and surrounding society.
In wapda one kanal house in okay location will cost you around 125 Lacs(you can find close to nala or houses requiring renovation around 100 lacs)
Valencia has many house of 1 kanal new built by contracters in Market average final price is 90-115 lacs,most of these house has low quality materials fitted.
NFC has rates similiar to valencia.
In 70-80 lacs you can try to get 10 marla old house in wapda which may need renovation. new 10 marla houses(good quality materials) are in range of 90-100 lacs.
hope this helps |
MISBAH replied on Monday, August 8, 2011 02:38 PM
SIR I HAVE A NICE BRAND NEW HOUSE AT THIS PRICE.I LIVE IN USA.HOUSE IS IN A GATED COMMUNITY .IF INTERESTED MAIL |
