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

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   Iqbal
Saturday, January 30, 2016 10:38 PM 
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Hi everyone. We own a 4 Marla commercial plaza in y block phase 3 (not a very prime location). It is worth about 625 lacs currently and gives a rent of 250k per month. Some people have suggested that value appreciation in phase 3 has stagnated so we should sell it and buy commercial plots in phase 8 or 9 with a chance of doubling it in 3 years. I would like peoples opinion on whether it would be a smart move or not.
Junaid replied on Sunday, January 31, 2016 03:58 AM 

Dear Iqbal, it all depends on your horizon, risk profile and cash requirements so if you have high risk profile, little cash requirements now and can hold long term, the move would be good, otherwise not. Personally, i like capital gains better as compared to rentals because of several reasons but you take a decision considering your personal conditions.

Also one more important point is the quantum of capital gains that you can expect. For example, if Y block mature property (one of the best locations so far) is at 625 lacs, this is probably the limit for any DHA phase in present value terms so see what can of an upside can you expect? What my point is that there may not be much of an upside left if you invest at a wrong place.
Rana Babloo replied on Sunday, January 31, 2016 04:50 AM 

yaar iqbal itna paisa kahan le kar jaey ga ? Chill balay
Raees replied on Sunday, January 31, 2016 05:19 AM 

Don't invest in phase9in commerical because you will lose your rent.Wait for couple of years then invest in phase 8 commerical it would be for better than 9.
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