Salam to all,
I am very happy we soled our 40x80 plot in G-14/3 Islamabad for Rs, 78 Lacs.
We have now a budget of Rs, 1 Crore (Rs, 10 Million)to invest again for maximum 1 to 2 years, then we want to make our own house.
Please advise, where we should invest and what size of plot for what prices?
We want to invest Only in Islamabad
Tarar replied on Wednesday, October 10, 2012 11:41 AM
Madam, you sold it for a very good price at this time, I think your plot was a corner plot..?
I also have a plot in G-14/3, but, I am going to hold it possession of the plot, I believe I can sell it for 1 Crore after 1-1/2 year, as the development is already started.
Next development can be E-12, I am hoping the development announcement of E-12 before March 2013, because CDA has allocated some funds in the budget financial of 2012 – 2013 and on top Supreme Court is watching CDA for E-12 development.
Good luck |
Mrs. Shanawaz replied on Wednesday, October 10, 2012 11:47 AM
No it was not a Corner plot, but, Margalla facing in Street 93.
Mr. Tarar, I know the location of E-12 is excellent, in fact the best location of sector in Islamabad after D-12. But, I dont know how to beleive that its development will start soon, I also heard that Supreme Court has passed orders to CDA to vacat the sector from illegal occupents, but, when this decesion will be implimented, its a big question mark
By the way we have already one 40x80 plot in E-12/3 |
HKB replied on Wednesday, October 10, 2012 01:43 PM
Whats the average price of 1k plot facing Margalla in E-12? |
ZNS replied on Wednesday, October 10, 2012 01:51 PM
buy in D-12. E12 is another 15 year plan, CDA still has problems in land acquisition. |
HHH replied on Wednesday, October 10, 2012 05:16 PM
buy a 25x50 in D-12/1- should be around 6 Million and you can sell it in around 8-9 Million in 2 years time. |
Fahim replied on Wednesday, October 10, 2012 05:18 PM
D-12 is the only real option these days. |
ZNS replied on Wednesday, October 10, 2012 07:35 PM
I suggest 10 marla in D-12 instead of 5 marla, should be b/w 90 lacs and 110 lacs as you are planning to make your own house. |
Mrs. Shahnawaz replied on Thursday, October 11, 2012 08:24 AM
Salam to all,
Thanks to all advises, Do u really think that still prices will jump this much in D-12..? what if E-12 development will be announced in March 2013, I think then prices will stalled in D-12. I am little confused....please advise |
ZA replied on Thursday, October 11, 2012 01:34 PM
With a start of development in E-12, rise in prices of D-12 may slowdown but will not stop or comedown.
For your 40 X 80 non-corner, street plot of G-14/3 you got a very good price Mashah Allah ... I still think its worth is not more than 7 millions in any case.
May be my info is outdated. |
ZNS replied on Thursday, October 11, 2012 05:18 PM
one in hand is better than two in bush, my suggestion is to go for on ground plot in D-12. There may be an announcement on E-12 but development will take years e.g. D-12 was announced in 1988/89 (if I am not mistaken) and now its 2012. |
Mrs. Shahnawaz replied on Thursday, October 11, 2012 07:39 PM
Yes, u are right, I think we should take plot in D-12 at this time at least for 1 year we should get growth of 15%, I think if we can get good plot of 35x70 for 10 million, we will have at least 15 Lacs profit within 6 months. We are trying to find 35x70 good location plot in D-12.
2ndly, 40x80 plot in G-14/3 at this time is getting very good attention, there is no doubt about G-14/3 is comparitively better sector among others arround, thats why its prices are better than others. |
