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D-12 ISLAMABAD,

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   Khalil
Thursday, May 17, 2012 09:47 AM 
Reply: >
Dear Friend :flg

Would you please up date the latest status of sector D-12 Islamabad.
MBS replied on Thursday, May 17, 2012 09:57 AM 

Not a significant progress on construction of houses until now
MBS replied on Thursday, May 17, 2012 10:01 AM 

and plot prices are extremely inflated
javid replied on Thursday, May 17, 2012 12:24 PM 

Dear MBS

can you tell me what is price of 1K minimum and maximum rage of 600 yard plot.
Waseem Malik replied on Friday, May 18, 2012 02:01 AM 

A beautiful sector destroyed by CDA. Absolutely worst conditions and prices are sky rocketing by agent mafia.
MAS replied on Friday, May 18, 2012 09:47 AM 

I think whenever we comment on plot price it means we have some idea as to what the prices are. We should therefore not hesitate to quote some figures.

The current price range for 600 sq yds plots in D-12 is from 175 lakhs to 250 lakhs. These are advertised demands that I have seen, I don't know at what price they actually get sold. Demands for 40 x 80 plots seem to be between 110 lakhs and 150 lakhs.

As for agent mafia activity, I don't know. I think prices can be artificially inflated for a few months but how can they stay that way artificially for years and years? I purchased my 40 x 80 plot for 89 lakhs three years ago. At that time people told me I was stupid to buy at such a high price and I felt I had made a mistake. Since then the price has consistently gone up. Based on demands of nearby plots it now seems to be valued at 140 lakhs plus.

These are indeed high prices. The market seems to have some kind of romance with sector D-12 and continues to believe in its very long term potential despite the fact that CDA is not doing much so far. I recently read that CDA was in the process of awarding tenders for 11th avenue and Margalla Avenue but unless something is seen on ground one cannot believe in anything CDA is doing.
ZA replied on Friday, May 18, 2012 10:44 AM 

Based on my experience n knowledge I fully agree with MAS.

All of his points are factual and logical.

He has left no room for me to comment any more.
ali raza replied on Friday, May 18, 2012 02:03 PM 

Dear brothers,

i plan to buy an small house like 30x50 in G-9/4,Islamabad. that is my whole life saving and hard earning money,so i humble request to experts,kindly give me an update regarding price and either this is a good investment.thanks
Two Cents replied on Saturday, September 15, 2012 05:31 AM 

Agree with all the factors that MAS has mentioned-to top all of that Margalla Avenue coupled with 11th Avenue means that D-12 prices are bound to go up even more. We've all seen over time that this is the way CDA rolls so nothing is new as for their slow progress is concerned. Don't forget this sector will be adjacent to GHQ and the last one besides green Margalla hills. Can't really compare it with anything else on ground in Pakistan
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