Dear Forums Members. I have followed your comments and assessments during last few weeks and found those useful. As I am not too much familiar with ground realities, being outside Pakistan. I needed advise for investing Rs 6 crore for next 5 years. What can be the options in terms of mix - societies (DHA/Raiwind Road etc), plot size and commercial / residential? Your advise will be highly appreciated enabling me to make an informed and rationale decision, whether right or wrong that only time will tell.
Iqbal replied on Thursday, January 7, 2016 02:25 PM
8 Marla commercial in civic zone 1 150 feet road phase 9 |
Tayyeb replied on Thursday, January 7, 2016 02:49 PM
@Iqbal. Is it fine to put all eggs in one basket i.e. Just one commercial plot? What would be the price and what would be the expected gain after 5 years? |
Ashfaq replied on Thursday, January 7, 2016 03:00 PM
Insha Allaah, in five years price would be more than double plus annual rent would be more than 1.25 crores. do not think to much. |
Amjed Malik replied on Thursday, January 7, 2016 03:08 PM
Prism 9 zone 1 commercial 8 marla property are hot cake nowadays, difficult to find plot in 150 road @ 650 Lac. Very nice fruit full feature investment. Prism zone1 8 marla plot in main 80 fit road are also good choice. |
Tayyeb replied on Thursday, January 7, 2016 03:51 PM
@Amjed. What about a 4 Marla commercial in Prism and remaining in redidentisl? This will be diversified portfolio. |
Hussain replied on Thursday, January 7, 2016 04:09 PM
@ Tayyeb, I was going to suggest the same and then I have a look at your above comment. 4m commercial + something else preferably not in Prism would be good diversification. |
Tayyeb replied on Thursday, January 7, 2016 04:16 PM
@Hussain & My. What about a 4 Marla Commercial in CZ-1, One Residential in Phase-7 (which phase???), one residential in Fazaia and one residential may be in Sui Gas |
Iqbal replied on Thursday, January 7, 2016 04:20 PM
@Tayyeb other good option can be 4 Marla commercial oval complex inner circle phase 9 (current value around 3 crores) and one phase 6 E block commercial file of 4 Marla (valued around 280 Lacs currently). If you can afford 4 Marla commercial file of Phase 6 Main Boulevard which is valued around 380 Lacs, that is even better. Currently the main boulevard 4 marla commercial plots of Phase 6 are selling around 7 to 8 crores. |
Tayyeb replied on Thursday, January 7, 2016 04:32 PM
@Iqbal. Thanks. The options you mentioned in Phase-6 seem attractive. How you view the future of Phase 6 E Block Commercial? What about investment in 8 Marla CZ-2 Phase 9 as I suppose it will be less expensive? And finally any comments on Park View 8 Marla Commerical future? Await your valuable input. |
Iqbal replied on Thursday, January 7, 2016 04:47 PM
Zone 2 commercial 8 marla is valued around 4.5 crores currently. This is also a good investment but I would recommend to go for commercial in zone 1 (whether 4 marla or 8 marla) or oval complex inner. Phase 6 Main boulevard is more promising. The above options seem more attractive than Park view option |
Tayyeb replied on Thursday, January 7, 2016 04:55 PM
Just one simple query. The current price at MB, 4 Marla plot is 7-8 crore while file is 3.8 crore. How much expected time will it take for the file to be converted into plot or it is totally DHA's sweet will? |
Iqbal replied on Thursday, January 7, 2016 04:58 PM
If you want to diversify, i would suggest to go for 4 marl aoval complex inner. Rest can be invested in top location plots in phase 9. I amm recommending phase 9 because it has good potential to grow in future and curretly prices are low. |
Tufail saudia replied on Thursday, January 7, 2016 05:06 PM
My advice in your budget is only prism zone1 main 150 fit then 80 fit road 8 marla plot. Get it before late as supply is limited in prism zone 1 commercial 8 marla plot. |
Ali Islamabad replied on Thursday, January 7, 2016 05:09 PM
If you have little time, prism 9 property zone 1 commercial 8 marla has best investment. |
Tayyeb replied on Thursday, January 7, 2016 05:10 PM
@Tufail. What will be the tentative price for 8 Marla Commercial on 80 feet and inside the complex? |
Tayyeb replied on Thursday, January 7, 2016 05:15 PM
@Ali. Hope you would not mind substantiating your basis of statement especially how much time frame we are talking about? As I am fine with 5 years time frame to invest and forget. |
Tayyeb replied on Thursday, January 7, 2016 05:16 PM
@Iqbal. Can you please advise and assess on residential plot investment in Phase-7 Vs Phase-9? |
Ahmet replied on Thursday, January 7, 2016 07:34 PM
If I had 60 million, I wouldn't think twice before investing in Prism 8 marla commercial. Look at 'any' DHA Lahore commercial prices in the last two decades and you'd be able to predict it's future. |
Tufail Malik replied on Friday, January 8, 2016 02:05 AM
Tayyab bhai prism zone1 8 marla plot on 80 fit road are nearly 560 to 600 lac depending location. Very good location and investment in this budget. |
Tayyeb replied on Friday, January 8, 2016 11:33 AM
@Ahmet. So you suggest to put all eggs in one basket. The plot is already 5 -6 crore, were the comparable plots at the same price at the same stage of development in other phases? What will be your assessment of the price in 5 years irrespective of status of development works? |
Ahmet replied on Saturday, January 9, 2016 06:46 AM
I agree with the diversification of portfolio and putting your eggs in several baskets rule but only if your diversifying across regions. If your investing all in DHA Lahore, invest in something which will surely give you the gains you need. DHA Lahore commercial has 'never' disappointed anyone unless they bought it a very mature stage. Even then they would've made some. The reason I'm in Lahore property is because I want to buy a well located 8 marla commercial plot in DHA one day where I can build a Plaza. Do not let go of this opportunity if you have the funds. Prism commercial prices will only go up. |
Khalid Mehmood Awan replied on Thursday, February 25, 2016 01:35 AM
Prism Zone 1 commercial 8 marla plot is best in this budget, 150 or 80 fit road perfect choice. |
