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Construction Business,

(99747)
Saturday, April 23, 2016 03:08 PM 

Hello Guys, May be my question is not relevant but some experts can help me. I am thinking to start my house construction business with PKR 10M on small level, I know amount is not that big. Any one who can help me, what are the best area to start this business in Lahore with this amount and what are the probability of success?

Thanks,

Answer replied on Saturday, April 23, 2016 04:12 PM 

go for small plot like 5 marla & construct house in that scheme which hav gud market !! like bahria town wapda town valancia or tariq garden .Dha as well if in budget

Mousa replied on Saturday, April 23, 2016 04:47 PM 

You will construct one house and then u will find buyer.it will take time.2nd time when u will purchase land and material it will be incresed. You profit will be covered in this circle. U cant spare money .

Dubai replied on Saturday, April 23, 2016 04:54 PM 

Thanks guys for your valuable input. I know I need to increase the budget, so that money can circulate and should not depend on one project. can anybody tell me what is the margin % on house construction business, a rough idea? I am planning to increase the budget with the passage of time.

dubai replied on Saturday, April 23, 2016 05:15 PM 

i have done this business for 3 yrs and conclusion was that its better to invest in 2 plots instead of building as profit fetched in carefully selecting plots over a certain period say 1 yr is far better then construction

Mousa replied on Saturday, April 23, 2016 06:25 PM 

Ìf u dont have construction back gŕound.it will be difficult for u. Construction is not easy task. U can save too much money if u know how to speed up work.

ZS replied on Saturday, April 23, 2016 06:33 PM 

Do go for construction business in my personal experience there is a very hard to find a serious buyer for a newly constructed house ppl say ye thek nhi he wo thek nhi he in my opinion 10 M is more den enough for a property business first of all keep ur eye on DHA Market select a phase in which there is hard to find a plot of 5 Marla or 10 Marla or even a kanal search an good location plot and make a Biana wid amount of 1 Million or 2 once Biana ve throw ur plot into the market nd sale it on ur asking price this is how u can earn good profit out of 1 or 2 Million investment keep ur 8 Million for backup kahin payment bhi karni par jati he plot ki
Well this is my personal opinion ppl must ve better views den me Cheerz...

ZS replied on Saturday, April 23, 2016 06:35 PM 

Do notttttt go for construction business in my personal experience there is a very hard to find a serious buyer for a newly constructed house ppl say ye thek nhi he wo thek nhi he in my opinion 10 M is more den enough for a property business first of all keep ur eye on DHA Market select a phase in which there is hard to find a plot of 5 Marla or 10 Marla or even a kanal search an good location plot and make a Biana wid amount of 1 Million or 2 once Biana ve throw ur plot into the market nd sale it on ur asking price this is how u can earn good profit out of 1 or 2 Million investment keep ur 8 Million for backup kahin payment bhi karni par jati he plot ki
Well this is my personal opinion ppl must ve better views den me Cheerz...

Subhan replied on Sunday, April 24, 2016 12:09 AM 

You dont have to buy a plot for house construction business. You just need to have enough expertise, rich experience, a team of experts to deal with various steps involved in construction and a rigistered office for legal coverage of business plus central coordination of all activities. For a team of experts 10 Million is more than enough to take a good start.

gullu replied on Sunday, April 24, 2016 05:47 AM 

ok i understand u want to do business in construction, for that u need capital,experience,good team of workers ,and a damn good luck to get hold of a good deal buyer, all this happens after a lot of efforts and the profit margin after six months time vary from 5-15 lakh to be very very optimistic u may get 20 sometimes. but wait why so much hassle risk and time to make this kind of money .
i planned to do the same and visited many new houses in dha, talked to many people, finally i came to the conclusion that to do so i need a good 2o million to roll or sustain in two small house building project.while as an alternate u can start with a purchase of a 5 marla good location plot in a good scheme like dha or bharia, invest in another 5 marla , and merely by only plot transaction u can make similar kind of money so why go into construction kind of hassle, ok if u still are anxious u keep hunting for a good location newly constructed house and get a deal .wait and sell it .so bro take a safer way and buy and sell plots , construction can be done if u have a spare amount

Kureshi® replied on Sunday, April 24, 2016 07:24 AM 

Dear Dubai , your plan for construction is a very practical.

Choose a plot of 10 Marla and make 4 units of 2.5 Marla in small societies. Sells lime hot cake. Similar small units arebeaaieer and cost effective. First few venntures will be tough. But then all new jobs and businesses are tough in the beginning.

Property selling is a good idea but it is a hawai rizq. The plot on which you are doing construction will also give you profit on top of your efforts of construction. Money will be in circulation and Allah Subhanawutala will bless you with barkat as you will become reason of rozi for many.

HassanHC® replied on Sunday, April 24, 2016 08:09 AM 

Kureshi Saab is it allowed to make portions of 10 Marla plot into 4 units and these small units can be sold separately.

tallal replied on Sunday, April 24, 2016 02:14 PM 

Its allowed only in registry lands. Hassan c not in any society

dubai replied on Sunday, April 24, 2016 02:51 PM 

I think pak arab housing society has 2.5 or 3 marla cutting

Kureshi® replied on Sunday, April 24, 2016 03:02 PM 

No , such adventures can only be undertaken in registry areas. There is huge market in less than 5 marla. People don't want to waste money in paying rents ; instead they want to pay monthly installments. It is only possible in small sized units.

Try bedian road, Cavalry ground for example.

If you cannot find such land , start with 5 Marla.
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