Hello
I have an investment of about 1 million available with me. I want to invest with Halal monthly returns.
Someone has suggested that I buy a 'stall' worth Rs. 1.2 million in PACE Main Boulevard 4th floor and keep it on rent worth around 10k per month.
Any comments/suggestions about PACE? What is the reputation?
I do not intend to invest for too long I might want to sell after 2 years maximum. And I want to be safe!
Advisor replied on Monday, October 17, 2011 09:42 AM
Stay far far away from PACE. As my personal experience I lot big sum of amount. This is my sincere advise to you as a brother. |
PACE replied on Monday, October 17, 2011 09:53 AM
Dear Advisor,
Many thanks...Can you please elaborate how you lost your money? was there some scam involved or bad PACE management? |
Advisor replied on Monday, October 17, 2011 12:30 PM
Everything was in their favor.
1. Size of the shop was extra according to them
2. Property tax was charged regularly without fail
3. I was unable to get single rent money. All paid to them for maintiance during shop was empty.
4. Very regular in charging plenties.
5. Charge lots of hidden charges without my knoweldge
6. I got very hard time to sell my shop even at loss
7. They always enter my deal and show better options
8. Once you deal with them they will never listen to you even I invested 2.5 million
9. They will treat you like you are theif who has stolen money from them and they want it back at once.
10. Thousands of my written requests for waving plenties were rejected |
