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

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   Munaza123
Thursday, December 29, 2011 06:59 PM 
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I wish to seek guidance from learned members of this forum to make a good decision on investing my only wealth.

I'm considering buying a plot in Bahria Town Phase 7 or 8. My question is what will be the best type of plot COmmercial or Residential. My objective is investment for a period of 5-10 years. Which one is a better option amongst two?

I can probably manage to acquire a plot in River Commercial, any comments on its future outlook?

Thanks for your guidance in advance.
ZNS. replied on Thursday, December 29, 2011 11:00 PM 

Commercial if you are looking for rental income. Residential if you plan to live, may not be good for rental. Physically go and see the area, there are ton of options and agents will herd you where there interest is. Negotiate hard, ready to walk out of deal if they don't budge on price as agents own majority of the commercial interest. You could save at least 5-10 percent of asking price. Also go to Bahria office and ask them for available options, i am sure they will have something in that area as well. Good Luck
Nadeem replied on Saturday, December 31, 2011 04:58 PM 

@ ZNS ... What about buying a shop in Wallayat complex in Bahria 7. Is it good investment to rent ?
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