As Salam O Alaikum CMY & Real Estate gurus
I need expert and sincere opinion from all of you. I’ve a 1 Kanal plot in phase 7 (lower cutting in 1700’s) on 70 feet road. A small drawback that it is in front of a school ground. Current market price is 76 to 80 lakhs. I’ve another 30 lakhs with me readily available to invest. I also have 1 Kanal file in DHA Gujranwala with current worth of 27 lakhs. Please advise on below options:
- Hold phase 7, 1 Kanal (lower cutting in 1700’s on 70 feet road and partially facing school ground). Hold 1 Kanal DHA Gujranwala file. With 30 lakhs readily available, I can buy a good/excellent 5 marla plot in phase 9
- Sell phase 7, 1 Kanal (lower cutting in 1700’s on 70 feet road and partially facing school ground), hold 1 Kanal DHA Gujranwala file and with an approximate budget of 110 lakhs (30 lakhs + 80 lakhs of phase 7), buy two normal location 1 Kanal plots in phase 9
- Sell phase 7, 1 Kanal (lower cutting in 1700’s on 70 feet road and partially facing school ground), hold 1 Kanal DHA Gujranwala file and with an approximate budget of 110 lakhs (30 lakhs + 80 lakhs of phase 7), buy one excellent location 1 Kanal plot in phase 9 (block A, C, D, P) and one good/excellent location 10 marla plot in phase 9.
- Hold phase 7, 1 Kanal (lower cutting in 1700’s on 70 feet road and partially facing school ground). Sell 1 Kanal DHA Gujranwala file. With 30 lakhs readily available and 27 lakhs Gujranwala file, buy one good location 1 Kanal plot in phase 9
- Sell phase 7, 1 Kanal (lower cutting in 1700’s on 70 feet road and partially facing school ground), Sell 1 Kanal DHA Gujranwala file. With 30 lakhs readily available, approx. 80 lakhs DHA Phase 7 and 27 lakhs Gujranwala file (tatal 80 + 27 + 30=137 lakhs), buy two excellent location 1 Kanal plots in phase 9.
Sorry for above detailed options but your expert opinion will really help me out in deciding one of the above options.
Jazak Allah.
Regards,
Rizwan Ahmed replied on Thursday, May 28, 2015 05:10 AM
@well wisher
In my opinion i think u should sell DHA gujranwala and with available funds of 30 lakh u should go for good location 1 kanal plot in DHA-9...
Above mentioned opinion is based on CMY sir suggestion that Phase-7 has more room of growth and same is the case with phase-9.. As you have not mentioned the block and number of plot of DHA-7 without which one cannot assess its worth and potential of growth. May be if we know the exact location the opinion of experts like CMY sir and jameel sb goes reverse...
You should make decision after getting suggestion from CMY sir...
Regards |
Rizwan Ahmed replied on Thursday, May 28, 2015 05:15 AM
and one thing more... i am not an expert... :p |
Well wisher replied on Thursday, May 28, 2015 06:00 AM
Thanks Rizwan,
Sorry I forgot to mention phase 7 1 Kanal plot is in U block in the line starting from U-1780. |
