Advice Needed Discussion Property News & Community Talk

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Furqan

Sunday, February 24, 2013 02:31 AM

Dears, I am overseas Paki living in Riyadh.
I intend to invest 88 lakhs in Lahore property.

I am considering the below plan

1 file DHA Phase 9 1kanal
1 file DHA Phase 9 10 marla
1 file DHA Phase 9 5 marla
10 marla plot in State Life2

Kindly suggest if any one can advise better option.

Farooq replied on Sunday, February 24, 2013 03:33 AM

Dear Furqan sb.

Never put all your eggs in one basket. I don't know for how long you want to invest, but I feel that phase 9 is long term investment.

My suggestion for you is to invest as following to get the best possible outcome.

1K file DHA9 (Lond Term Investment 8-10 years)(35+1.5=36.5 lacs)
10 marla Bahria Orchard (Medium Term 3-5 years) (15+1 = 16 lacs)
10 marla plot in DHA 7 (Short Term 1-2 years)(34+1.5=35.5 lacs)

The decision is always yours only.

Regards.

Farooq

mani replied on Sunday, February 24, 2013 04:33 AM

Dnt Go For Bahria.

SS replied on Sunday, February 24, 2013 05:40 AM

My experience with Bahria was Superb, I have earned 20 lacs with 50lacs investment within one year, i dont know why some people are advising dont go for Bahria,

Mani Sahab I am not blaming / pinpointing you,
you may also misguided by someone...

thanks

omil replied on Sunday, February 24, 2013 07:43 AM

Farooq bhai, can you please tell further about this 10 marls plot for 35 lacs in DHA 7. Appreciate if you could suggest some plot nos. with block...so that location should be well clear.
Secondly, dont you think Bahria C, D, EE sectors are better to invest rather than Orchard whose approach and location is no so good.
Thanks

burhan replied on Sunday, February 24, 2013 08:33 AM

bahria sector c and D are better to invest ,cuzal is near approach to can

Farooq replied on Sunday, February 24, 2013 09:11 AM

Dear Omil,

I am also one of the admirer of this website and not a property dealer. I'm living abroad and can not suggest any plot numbers in DHA 7. For this you must contact some property Dealer in DHA. Phase 7 10 marla price range is 30-38 lacs so i think you shuld get a good location plot in 35.

I recommend LRE as I invested through them and the process is very clean.

For Bahria Orchard, I recommended this due to low cost but high gain in future, hopefully. In 15-16 lacs getting a 10 marla in Lahore is the best option.

The decision is always yours only.

Regards.

Farooq

Abdullah replied on Sunday, February 24, 2013 11:59 AM

Dear Farooq sab,

I am interested in 10 marla phase 7 and of firm view that plot is better and solid investment than file.

If purchased @35, what market value do you expect of 10 marla plot in phase 7 after two years ? Also which block is better return-wise ? Y, U or T. Please give your assessment.

Farooq replied on Monday, February 25, 2013 04:58 AM

Dear Abdullah,

Good Location 10 marla plot in Dha 6 is around 65-70 lacs and DHA 6 is parallel but 3 years ahead of DHA 7.

So, I feel that a good location plot in DHA 7 should be around 65-70 lacs in 3 years.

The decision is always yours only.

Regards.

Farooq

Abdullah replied on Monday, February 25, 2013 05:47 AM

Dear Farooq, Thanks very much for your assessmet

Farooq replied on Monday, February 25, 2013 09:12 AM

Dear Abdullah,
Phase 6 and 7 are parallel to each other but phase 6 is about 3 years ahead of phase 7. In my view a good location 10 marla plot in phase 7 should match the todays price of phase 6 after 3 years, means around 65-70 lacs.

But the decision is always yours only.

Regards.

Farooq

JJJ replied on Monday, February 25, 2013 05:56 PM

Location of phase 9 is much better than phase 7 so I would say you can match the today's price of Phase 9 10 Marla with phase 6 in 3 years time. Regarding Phase 7, you can see the prices of DHA town 10 Marla and phase 7 10 Marla and can understand the situation.

sah replied on Tuesday, February 26, 2013 04:16 AM

Location of phase 9 is much better than phase 7

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