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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Mohammed
Monday, January 11, 2016 08:59 AM 
Reply: >
Dear Experts

Please suggest in which block of Prism IX’s i should buy plot for investment A, B, C, Q or R

please also share expected return in 1-2 years
Ahmet replied on Monday, January 11, 2016 10:02 AM 

All are great blocks. I personally have investments in Q and P but I'd highly recommend investing in a well located R Block. I couldn't find a good plot when I was looking around last year during my short visit to Lahore. I expect at least 15% gain this year likely more if development begins quick enough.
Qasim replied on Monday, January 11, 2016 10:38 AM 

@ Ahmet. Is not especially upper "P" and then Lower "Q" the better placed blocks? What is the basis of recommending "R".
Shahid replied on Monday, January 11, 2016 10:43 AM 

@Ahmet. Just a bit of advice which plot you consider "good"location? Can a plot be a good location even though it is neither on 80 feet, nor 150 feet, nor corner and nor in front of a park?
Ahmet replied on Monday, January 11, 2016 11:59 AM 

I wrote a long response but it never got posted. Hope LRE admin can recover it?
Shahid replied on Monday, January 11, 2016 12:08 PM 

@Ahmet. Always save on word as it does happen ocassionally.
stn replied on Monday, January 11, 2016 12:15 PM 

I think A and C are best.They ll b devolved also first.
Mohammed replied on Monday, January 11, 2016 01:08 PM 

Thank you for your response. what is expected return on investments in 2 years if best plot value is 80-85
Shahzad Qamar replied on Monday, January 11, 2016 05:08 PM 

No consideration for "H" block?
Imran Syed replied on Monday, January 11, 2016 06:14 PM 

very soon H block will be in very lime light just visit that area and you will get truth and answer mark my word it would take lead to any other prisim phase
Shahzad Qamar replied on Monday, January 11, 2016 07:42 PM 

Imran I have plots in H block and have same analysis that it will be among best bocks of prism
Ahmet replied on Tuesday, January 12, 2016 03:27 AM 

When phase 1 was being developed H and N blocks were considered 'bad' investments due to close proximity to many small villages. Now it is one of the best blocks in phase 1 including tons of retail, banks, internarional franchises, lovely mosques etc. So once a project progresses there can be many amendments to the plan thereby changing the value of the block communities.
Ahmet replied on Wednesday, January 13, 2016 03:54 AM 

Good plot to me means two things:
1-located in a good block (a block which is likely to be developed sooner, has a few good projects assigned to it e.g. parks or well planned retail or other dha projects etc) - anything that adds character to the block. R Block has lots of parks, has a few massive DHA Projects planned for it. It's well located in proximity to the planned LRR also.
2- plot is not facing a graveyard, power station, retail, school, mosque, boundary wall.

Anything extra makes a plot even more valuable like facing wide road, facing Park (though some people don't like Park facing plots but generally Park facing plots are more desired), corner (again some people don't like corner because one has to maintain two public facing boundary walls instead of one but corner plots are valued highly in Pakistan).
Hope this helps.
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