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

(72114)
Sunday, May 13, 2012 04:30 AM 

i bought 1 kanal plot in phase 6 sector C in 2010 feb at 52 lakhs now its value is 95 lakh
i bought 2 1 kanal files of phase 9 in feb 2010 at 13 lakh each
now this is called profit

aslam replied on Sunday, May 13, 2012 10:59 AM 

How did you arrange money in 2010 feb to buy all this?

I purchased central park 10-marla plot @11 lac in 2005 and sold in 2011 @8.5 lac. This is also called profit but for others.

flex-01 replied on Sunday, May 13, 2012 11:58 AM 

I bought Sui gas 2 in 2005 @ 15.5 lac, paid devleop charges of 5 lac. total cost 20.5 lac, still holding it . market value 8 lac.

Wise Investor replied on Monday, May 14, 2012 03:20 AM 

I bought DHAI Phase-2 Extension file for 39.5 lakhs many years back possibly in 2006. Now its price is may be 10 lakhs. DHAI is a shame.

CS replied on Monday, May 14, 2012 03:58 AM 

Chaa gay ho yar :)

uae replied on Monday, May 14, 2012 04:51 AM 

i bought a house for 70 lacs in 2010 from tricon village and now it is 85 lacs.

chacha jii replied on Monday, May 14, 2012 11:38 AM 

@ wise investor , atleast change ur id name after that stup-id decision lolz

ali2 replied on Monday, May 14, 2012 12:37 PM 

great stories :) chaa gai ho

Ali Abbas replied on Monday, May 14, 2012 03:34 PM 

@ chacha jee
sir jee i agree with u

JUJ replied on Tuesday, May 15, 2012 11:40 AM 

Mashallah. I call this blessing. please keep something for the poor because that is the best investment.

Ok_Investor replied on Thursday, May 17, 2012 07:51 AM 

Well i did spent in DHA phase 2 ext ... bought 3 kanal @9.5lakh each 2.5 years ago ... though prices peaked to 13lakh .. but i hold and now its selling out @8lakh .. not too bad but still steady progress.

However, i did bought 1kanal plot @26.5lakh in B-17 4monhts .. now i am constantly getting calls from Property dealer to sell it @43lakh ... which believe can shoot if Margalla Avenue road is completed. So finger crossed

Also i did purchased 10marla land in Bahria Enclave on installment (total cost of land is 30lakh) ... Bahria management have increased the price from 30 to 40. In open market it is selling with 5lakh profit ...so not a bad investment

The moral lesson of the whole story is ... Never put all your eggs in one basket . I did this mistake 3 years ago when i purchased 3 kanal's at the same place. No matter how good the investment is .. try to invest in different areas ...
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