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Plot price in Fasial Town Lahore,

(67718)
Wednesday, September 21, 2011 08:21 AM 

Dear all reader of this fourm
Slam
Any expert pls. give me average rate of 10 marla plot in B and C block of faisal town Lahore.
Pls. also mention rate of 10 marla old houses in these blocks.
I shall thankfull for the same.

Jameel replied on Wednesday, September 21, 2011 05:25 PM 

Last year I Bought a house in that area after one year search I can tell You
there are only few plots in that area one I know was in C Block near Market and demand was 60 Lac Final, The same party was also having a renovated house on next plot they were asking 80 Lac for that, Initially they wanted to sell both in 1.5 Cror, so later price was reduced on Bargain.
Another single story house to be demolished [total Malba] was in C Block facing park, But this park is not well maintained you can consider it negative Point as there is no safety or privacy I will Consider it a very bad location as all the days Boys were Playing Cricket park was not maintained. This house was available in 62 Lac Final. I calculated demolition Cost. People told that Kabari come and buy all malba from you in 50 to 60K and demolish themselves.
On Other Locations people had been asking for Plot 7 Lac per Merla But i did not pay attention to that.
In between I saw about 12 houses ranging from 75 to 95, Mostly houses were 15 ys old and Thekedar Built, You could live after some renovation but structures were weak and mostly has leveled with road.
But Fortunately I encountered an owner Built and well maintained double story 4 bed house on very good location , the elevation was not preppy. I Could Finalize in only 72 Lac.
Now Price should have increased only 4 to 5 Lac as compared to last year.
If you show a bit of patience you can easily hunt a good house in 75 to 80 Lac. where as plot will be available in minimum 65 t0 60 Lac. I am sure you will like to have a well built building in Just adding 10 to 15 Lac to plot price.

Mahmood replied on Friday, September 23, 2011 04:09 AM 

Dear Mr. Jameel

Pls. compare Faisal town v/s model town extention for a family living in old Lahore and want to switch in these societies/schemes.
The 10 marla house can be range bound at 60 to 70 lacs +,-.
thank u

Jameel replied on Friday, September 23, 2011 11:06 AM 

I think these are almost similar in rates and features etc there are good and Bad areas in Faisal Town and same is true about Model town Ext, Like B Block in in Faisal Town is a bit weak, Good Locations of C are rated best A block is also rated good, Location of all thee areas are great mainly low Price is due to bad neighborhood.
In D Block of Faisal Town the house near main Road are rated best.
So in other words slight price fluctuation is Found depending upon these features.
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