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Ongoing rates,

(69155)
Monday, December 5, 2011 05:07 AM 

Dear property expects,

I need your opinion about following

1-What is ongoing purchase pice for 5 M commerical plots in sector C.
2-What is approximate constuction cost for 3 story building (without basement) for 5 merla commercial plot
3-What is the ongoing rent rates for ground floor (hall), first floor(hall) and second floor (apparments.

What are the future prospects related to the area.

.. replied on Monday, December 5, 2011 06:43 AM 

1- i: 5 M commercial plots at main boulevard are between 90 - 125 lacs.
ii: 5 M commercial plots at back side are between 50 - 70 lacs.

2- Approximate construction cost for 3 story building without basement for 5 marla plot is 40 - 45 lacs

3- i: At main boulevard ground floor hall is rented out at 1 lac, first floor at 50,000Rs and second floor at Rs
ii: At back side ground floor hall is rented out at 50,000Rs, first floor at 30-35000Rs and second floors are all empty at the moment except one or two plazas

Future of this commercial boulevard is very bright, after the launch of sector E, this commercial would become the center point of Bahria town. At the moment there are only real estate offices here, by the opening of only one commercial bank or even just a bakery like Gourmet(Gourmet has 3 commercial plots at main boulevard), the rental prices would go further up.

Lahore replied on Tuesday, December 6, 2011 10:57 AM 

@" Would you kindly reflect your thoughts on 8-marla plots for the same perspectives. Thanx!!

lahorei BT replied on Tuesday, December 6, 2011 11:06 AM 

Dose bakery owned by Mian Amir Mehmood has already rented a 5 marla plaza on MB 210ft road for 1.5 lacs per month.A Sony center has also acquired a plaza in the first strip of the 5 marla plots on the B side also on the MB 210ft road, there sign boards are about tom be put on so just wait one more month.
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