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Commercial Plot,

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   Muhammad Saqib
Wednesday, July 18, 2012 03:04 PM 
Reply: >
Dear experts please give some comments, i would like to buy a commercial plot (not for re-sale but to get some handsome rent after construction 3 to 5 years).

My budget to buy is 20 to 25 maximum.

Please comments.


Thanks

:1)
commercialrent replied on Wednesday, July 18, 2012 05:48 PM 

Please can you elaborate what in your opinion the value of "handsome rent" should be?in the budget u've mentioned you can buy a commercial shop & rent it out (12-15k Pkr monthly rent) buying a commercial "plot" wouldn't be possible in this range!
Muhammad Saqib replied on Wednesday, July 18, 2012 07:50 PM 

20 to 25 lakh is to buy a plot, I plan to built a double story and generate 30 to 40 thousand/month, but i dont have any idea where in lahore i can buy plot now and after 3 to 5 yrs almost it can return good rent.

Which area/society etc is suitable towards my need.

Thanks
Dxb replied on Thursday, July 19, 2012 04:15 AM 

Your budget for buying commercial plot is too low and intended rental yield is too high.
khanzada replied on Thursday, July 19, 2012 07:49 AM 

mohammad saqib sab
according to my wisdom i will give you a sincere advise.in this money i mean in 25 lacs you should buy a one kanal plot in lda avenue1.possession is very near withen one year.after the possession rates will be doubled.25 lacs plot will be minimum in 50 lacs and after possession people will start construction as they are waiting since long time for possession.you have much time 3 to 5 years.after 3 to 5 years its rate will be minimum 60 lacs.then you can sale out your plot in invest in other project.
Muhammad Saqib replied on Thursday, July 19, 2012 08:41 AM 

Is there any cheap society available on ferozpur road, raiwind road, multan road, to buy a commercial plot?

i know my budget is very short for commercial but i wish to built a double story commercial even on less space like 3 marla, but i am interested in commercial.

@ khanzanada thanks for your comments those are exteremly valuable for me as well i am impressed too. but i come to know there are litigation issues. and what is your advise for 10 marla in lda? its price and future prospectus.


help me to finalize a location for small commercial plot at 20 to 25 lakah (but safe location).

Thanks
jahanzeb replied on Thursday, July 19, 2012 01:53 PM 

you should buy 3 marla commercial bahria town overseas B, you can build 2-3 storey building on your plot.you can make a flat on upper portion so you can get handsome rent by renting flat and shop.
khanzada replied on Friday, July 20, 2012 08:04 AM 

mohammad saqib sab i really dont know any commercial property in 20,25 lacs.may be you can check nfc2 on multan road.again i will say buy in lda avenue in 23,24 lacs possession is very near you can sell your plot after possession in this way you can earn very handsome money in very less time.this is my sincere advise.
Muhammad Saqib replied on Friday, July 20, 2012 08:33 AM 

@ khanzada,

i understand your advise and realy appriciate too. but my concern is not to get money on resale i need to construct commercial and get some money on month basis not once in a year or years.

what i plan is if i get some commercial property with 20 to 25 and after few yrs i invest more on it to construct i.e. about 40 lakh and enjoy my retired life which is after 5 yrs at age of 60.

once again i appriciate your reply and advice its very worthful for youngsters not for 60 yrs old.
JJJ replied on Friday, July 20, 2012 12:57 PM 

Saqib Sahib, I think you should wait little for DHA to announce for applications for sector shops or small commercial plots in DHA 5 ext and DHA phase 9 including DHA town and it would be worth applying in that. If you would be successful, It would be like winning a lottery.

Regards
Muhammad Saqib replied on Friday, July 20, 2012 01:39 PM 

@ jjj

Its really great to make deal with dha but the thing is when it will be, is there any time for dha 5 ext, dha phase 9, dha town, commercials.
LRE Hot Topics replied on Sunday, July 22, 2012 05:42 PM 

Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics
M. Mujtaba Syed replied on Thursday, August 16, 2012 06:36 PM 

you Can buy a good location 3 Marla Commercial Plot in the Main Commercial Area i.e Block B of Army welfare Trust Housing Scheme Phase 2, Lahore. The society will be crowded after 3-5 years as lots of construction going on there after arrival of Sui Gas. Its a big Housing Society with only One Main Commercial Area. Rest are all Sector Shops. you can even buy 2 commercial plots there in the inner circle with the range of 30 to 32 Lacs. After 3-5 Years u can construct Building i.e A basment, Ground Floor, 1st Floor and 2 flats on top. U can get a good rent in 3-5 years time Span.
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