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

(95879)
Sunday, February 14, 2016 02:38 AM 

Dear CMY/LRE & Experts,

I need your help in making the right choice.

I have recently built a 10M house in Bahria Town Lahore (Janiper Block) for myself to move from UK however there are some change in plans and I can't move for few more years so need some advice from experts

Q1: What is the worth of A+ executive class 10 Marla house (5 bedrooms with attach baths, tv lounge, drawing room, breakfast area, powder room) in Janiper, Bahria Town, Lahore (near Beaconhouse school/Grand mosque) if plan to sell it?

Q2: Is it good decision to sell it (which is my current tentative plan)? Or rent it out for the time being and sell it in couple of years time so that can reap the benefits of ring road etc. (if any)

Q3: If I rent it out, how much I can get?

Q4: Suppose if you advise to sell this out then what is the best place to re-invest the whole amount so that I can have sufficient funds when I have definite plan to move in few year's time (5 year Max)?

Many thanks in advance for your help and advice.

Kind regards,
Saeed

Logical replied on Sunday, February 14, 2016 02:57 AM 

Instead of renting just sell it. Overseas renting will destroy your house.

Amer replied on Sunday, February 14, 2016 06:19 AM 

You should rent it ONLY if someone in Pakistan is available to visit/look after the property on regular intervals

ABCD replied on Sunday, February 14, 2016 08:20 AM 

Mr. SaeedUK saheb
Kindly dont rent it, People here whom you rent to; They will destroy your house in a year time, you wouldn't be able to recognise your house interior after one year they did with my brother house. That stupid guy was working in the British Council Lahore he destroyed all house badly and went. Best Option is Sell it.

ABCD

KIA replied on Sunday, February 14, 2016 08:23 AM 

Sell it and invest in DHA 7 (preferably) or DHA Prism both best location - rest Allah knows the best 'Good luck'

Hussain replied on Sunday, February 14, 2016 08:34 AM 

I was in the same situation few years ago. I decided to rent out my house and faced many issues with tenants although my brother-in-law was there to look after it. He visited the house regularly and took a very good care of everything. The house was ruined by the tenants in 3-4 years. I decided to sell it off in 2014 and invested the amount in DHA.

SaeedUK replied on Sunday, February 14, 2016 01:06 PM 

Many thanks for everyone for your feedback. This goes along the lines of selling it. Kindly advise how much I can get for selling this 10M house. More description is in my original post.

Regards,
Saeed

Surfer replied on Sunday, February 14, 2016 04:16 PM 

@ Ahmet in which area of Lahore do you suggest 3 & 5 marla low budjet houses.

Abdullah replied on Sunday, February 14, 2016 10:28 PM 

Contact at Canada, if want to sell at reasonable price.

OSP replied on Monday, February 15, 2016 07:24 AM 

1-780.....Edmonton!
whats the price?

Rizwan replied on Monday, February 15, 2016 07:18 PM 

Dear Saeed,

My name is Rizwan , living in Saudi Arabia, my mobile no. is please call me or give me your number I will call you. I need to talk to you regarding you home.

Thanks & Regards.
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