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Lahore Real Estate Forum: Property News & Community Talk : ,

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   A.G Chaudhry
Saturday, August 20, 2011 10:07 PM 
Reply: >
can someone please tell me how to invest about 50 lakhs in commercial property which can start good income in 2 to 3 years.
AG replied on Sunday, August 21, 2011 12:45 AM 

@A.G Chaudhary.

Dear Chaudhary.

In general Rs. 50 Lakhs is a small amount to buy/build a commercial property.

However, I think, you have a chance for long term investment in Bahria Town Lahore for a steady reasonable income.

LRE is now selling 3 marla commercial plots for 24.5 to 26.5 Lakhs in Overseas block B of Bahria Town Lahore. You can buy one & rest of the money should be enough to construct the plaza without basement. If you want to build the basement as well you will need another 15 Lakhs.

Regards.
Asghar replied on Sunday, August 21, 2011 07:00 AM 

AG Ch, why this diff of 2.0 in the price. is to be paid upfront or on instlments? can one get it on instl? in your assessment how much time one must wait to start building or selling for profit.
AG replied on Sunday, August 21, 2011 07:45 AM 

@Asghar.

Asghar Bhai.

1.Price usually varies according to location eg Corner or Facing the Park plots are usually 10% costlier.

2. I believe these plots are ready for construction.

3. Payment has to be upfront.

4. Mr Adil Saeed of LRE is the right person to advise you on "How much time one must wait before selling the plot for profit".

5. If you intend to construct the plaza then go ahead immediately because cost of construction is increasing rapidly.

Regards.
A.G Chaudhry replied on Sunday, August 21, 2011 11:02 PM 

Thanks brother AG.
Asgharr replied on Monday, August 22, 2011 12:51 AM 

Thanks AG Ch. I cant collect more than 5-7 lac in one go. I want to buy a reasonably good comm property having good future with that ammt as first instl and pay the balance 15-17 lac in 4-5 instl over 2-2.5 yrs.Thank u for response.
AG replied on Monday, August 22, 2011 05:35 AM 

@Asghar.

Asghar Bhai have a word with Mr. Adil Saeed of LRE. They are good honest people. They mey come up with something suitable for you. Their is no harm in trying.

May Allah (SWT) bless you with a plot of your desired requirements.

Regards.
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