What is future prospects of NFC Phase 2. Is it worthwhile investment for overseas pakistanis. When possession will be given. Thanks
Lahore Real Estate replied on Saturday, April 26, 2014 06:29 AM
NFC Lahore phase 1 was a state of the art project in its time and now time is getting closer and closer to actually see NFC Lahore phase 2 to become a reality too. Prices in NFC Lahore phase 2 are just dirt cheap when you look at compare it with even non possession Bahria town plots prices. I agree Bahria Town is Bahria Town nothing come closer to it BUT my friends we as investors have to see many other things. NFC Lahore phase 2 has lot more room to give you better return percentage wise than Bahria town. Gains in Bahria Town Lahore will be lot less than gains in NFC Lahore percentage wise for a 2 to 5 years investment. Why? Just a few reasons.
I dont know when but I am % sure one day in near or long future Bahria Town Lahore management will take over NFC Lahore phase 2 just like they have done it many times in Islamabad for many smaller schemes. NFC Lahore phase 2 location and especially its direct access to Multan road and possibly Lahore Ring Road southern part and still lot lower prices of NFC Lahore phase 2 makes it a perfect target for Bahria Town take over that will be loved by NFC Lahore phase 2 current owners and even management. Bahria town may pay lot better salary than current pay :) .
NFC Lahore phase 2 is currently under development but pace is slower than expectation. I think NFC Lahore management may be slowing its development on purpose so in future Bahria Town could add few things here and there for making some money from takeover. In real estate investments locations and access is most important thing. Development standard is also very important. Development standard of NFC Lahore phase 2 is very high quality for this low prices housing scheme. Lahore Real Estate do recommend you buy 10 to 25% of your real estate investment budget in NFC Lahore phase 2.
Choudry Mujahid Yasin ( CMY )
Lahore Real Estate ® (Where Dreams Come True) |
