Dear All,
I reside in Saudi Arabia, I would b grateful if someone advise me, which scheme in Lahore or Islamabad is feasible for me with month saving of PKR 01-Lac as I wish to have beautiful, peaceful, gated community with all amenities and comforts as I intend to reside after five years in Pakistan permanently.
Installment plan is better for me being salaried person, or I should accumulate something good amount and purchase after two three years?
Please advise me best scheme manageable with one lac monthly saving.(Plot / Home Size 10-Marla to 1- Kanal Lahore/Islamabad).
Thanks for your time and valuable response.Jazak Allah
Guest replied on Saturday, October 29, 2011 09:13 PM
Salam Danish,
Bahria town is one of the option for you.
10 marla = is between (16-20) lacs depending on its location.
salam,
Guest |
AG replied on Saturday, October 29, 2011 09:24 PM
@Danish.
1. It is always advisable to go for an on the groud plot if you intend to construct your house in the next 5 or so years & you can't get such a plot on instalments.
2. If you start to wait for 2/3 years while building up your savings the inflation/increase in the property prices will neutralise them & you will find yourself in square one after that period.
3. I am not aware about the Personal Loan Facilities in Saudi Arabia but here in UAE we can get Personal Loans at very attractive mark up rates.
4. If you are confident of continuity of your job in Saudi Arabia & there is a possibilty of getting a personal loan go for a loan of SR 100,000/- or less if you already have some savings & buy an on the ground plot of 10 marla. I recommend BT Lahore sector C.
5. The way you are talking of your savings per month you should be able to pay back your loan in two years.
5. If you can't or don't want to go for a loan then go for a smaller 8 marla or 5 marla plot in Bahria Nasheman or BT Sector D.
Wish you the best of luck.
Regards |
SI replied on Sunday, October 30, 2011 03:52 AM
M/S CMY, AG & Jameel are shining stars of this website, contribute with most reasonable advice. It is really not an easy task, one has to spare valueable time for guidence of others. Surely they will be rewarded by Almighty Allah (SWT), I pray for their healthy & wealthy long life. |
Danish replied on Sunday, October 30, 2011 06:48 AM
Thanks and grateful to AG, Guest & All for their valuable advice,
Help me a little more to come out on decision for Bahria Town-C, why should I not think about Park View Scheme and what could be the main difference I will find in Bahria Town-C and Park View Scheme after 5-Years. Thanks for taking your time.
Danish |
AG replied on Sunday, October 30, 2011 11:02 AM
Regret, I am not much aware of Park View Scheme.
Regards |
BT replied on Monday, October 31, 2011 03:31 AM
What is the price of 1 kanal plot in sector C of behria town. |
Adeel replied on Monday, October 31, 2011 09:53 AM
Being abroad you should invest in a scheme which is safe and secure from Qabza groups, Fraudias and least probability of HIDDEN charges (No fleecing for submission of x, y or z charges or addittinal dev charges etc by developer knowing that you are abroad).
In Islamabad DHAI Phase II on ground plot is better but no installments option is available there. You may get a 01 Kanal plot in 50-60 lacs or so and 10 marla in 35-40 lacs. You should expect sufficient population there in next five years.
In Lahore go for DHA phase 7 / 8 or if you have low budget go for something like Fazaia. Rates are already updated in this website. |
