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

(70776)
Tuesday, February 28, 2012 05:39 PM 

Salam, am lookin for kind advice bros esp Mr Mian Nadeem & boss-sk.
Criteria:
1 Kanal Plot
Budget: 6,000,000
Should be able to live in with peace and security in 2-3 years.

Well, I am a prospective buyer who is looking for a 1 Kanal plot in Islamabad. Have been researching online and have observed various and mixed opinions; so much so that I am confused now where to look at.

There are so many pros and cons that I wonder if I can ever get an intelligent advice considering all the constraints and possibilities - good&bad.

Can you please advise, where should I buy a plot if I have a budget of max 6,000,000 and I plan to construct and live in it after 2-3 years.

Your opinions and advice is highly appreciated.

Regards,
Bilal

asad replied on Tuesday, February 28, 2012 06:10 PM 

yes this is a very valid question and in put from all brothers is required as it would benefit a lot f us thanks in advance.

Safwan Khan. replied on Tuesday, February 28, 2012 07:38 PM 

1. Bahria Town phase 1-6.
2. DHAI phase 1 and 2.

Adeel replied on Wednesday, February 29, 2012 03:55 PM 

Agree with Safwan but in following order:
1. DHA Ph 2
2. DHA Ph 1

ahsan replied on Wednesday, February 29, 2012 07:26 PM 

Option 1) Bahria Town Phase 1, Phase 2, Phase 5, Phase 7 or Phase 8 in B, C or D Block only with possession. Phase 1, 2 or Phase 5 may be a little over your budget, but a good buy if you can add another 2 Million. Best choice in your budget would be a plot in Bahria Phase 7 and one can get a good location plot there in your budget.

Option 2) DHA Phase 1 in A, B or C sector only. D & E not recomended as they are in depression. Again, the choices I mentioned will be over your budget. DHA Phase 2 not recommended.

Whatever you do, assure to look at the plot yourself or seek guidance from someone locally that knows what to look for. Firstly look for a cutting area and even land. Look for a high ground plot and its height to the road its located on. Little details will help you in saving huge costs when you build or if you sell in the future to make it attractive to the prospective buyer in future.

In Summary, Bahria Phase 7 in your budget.

Free advise without my 1% comission :-)

SI replied on Thursday, March 1, 2012 05:20 AM 

You may consider Emmar near DHA-2 Extension, 54 lac / kanal if you can afford service charges $ 1000 / year without utility charges.
Wish u good luck

Safwan Khan. replied on Thursday, March 1, 2012 03:01 PM 

@Bilal. 60 lacs if alot of money to buy either in Bahria or DHA. I to some extent disagree with Ahsan's not, in Bahria-7 you should be able to get 1 kanal for 35-40 lacs. Bahria phase 1-6, 60 lacs enough to buy 1 kanal.

ahsan replied on Wednesday, March 7, 2012 01:46 PM 

@Safwan, I agree with you that you can get a 500 yards plot in Phase 7 for 35-40 lakhs, but my advise was for a good location plot. Good plots in Phase 7 for 10 marlas are selling for 40 lakhs plus minus on xpressway/blvd. You can get a 10 marla plot is Phase 7 for 17-18 lakhs as well. Depends on where you want it.
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