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Investors Advice questions and answers. All your Investors Advice questions answered by our experts and thousands of other members. Get professional Investors Advice answers to your questions. Get started by asking a new Investors Advice question now.
FAISAL MAHMO..
Beginner
( 11 posts )

[18 Answers]
I am an overseas Pakistani, living and working here in Qatar. I want to buy a flat or a small home for investment purposes and my range is 20 to 25 lac. I have 10 lac now but if I will find something good I can take a loan from bank to reach up to 25 lac. I would appreciate any specialist advice in this regards please...

341 days ago In Investors Advice
Nafees Bhatt..
Senior Contributor
(192 posts)
Hi Faisal,

There are plenty of studio apartments and flats available in DHA Karachi which are also within your range. Please take a look at the following URL to view possible options.

Homes in DHA Karachi
340 days ago 

FAISAL MAHMO..
Beginner
(11 posts)
Thanks Nafees Bhai. Even if I opt for your advice, I would still have concerns of "QABZA MAFIA" any thoughts?
339 days ago 

Nafees Bhatt..
Senior Contributor
(192 posts)
Qabza Mafia? Land grabbing is an issue with 'vacant lands' and properties. So the advice to you, my friend is, to find tenants as soon as possible. If you have a hard time finding them, then it is best to let to some relatives who would also look after your asset while ensuring a steady stream of income. :)
337 days ago 

FAISAL MAHMO..
Beginner
(11 posts)
Tenant also cause problems in vacating the flat when needed! What would you say for this? Can some one do it for me? I mean finding a trustable tenant and renting my flat while I am abroad? I can pay for this service.
337 days ago 

Nafees Bhatt..
Senior Contributor
(192 posts)
I could do it, not as a service but as a favour but unfortunately I am not in Karachi. Your best shot could be your relatives or people who you can trust, like friends. Hiring someone's service again isn't really a way to ensure their trustworthiness.

A guy on this forum, KK, is from Karachi. Let me ask if he can be of assistance.

PS I have not seen him active in months.
336 days ago 

FAISAL MAHMO..
Beginner
(11 posts)
Dear Nafees Bhai, I am also not in Karachi, but would be coming on Eid insha Allah! I dont have a single relative who can go there and live for me, as all are settle in their own homes/flats. Besides, I dont really find a trustworthy person whom I can trust for living and paying me the rent in my apartment. (BTW, Where do you live?)

If KK has any contact number, i.e. email or mobile phone, please let me know. I can then ask my younger brother who is Lt. Commandar in Pakistan Navy to talk to KK.

Thanks very much for your support, I really appreciate it!
336 days ago 

Nafees Bhatt..
Senior Contributor
(192 posts)
To answer your question, I am in Lahore.

I found KK's email address. You can get in touch with him at the following email ID.

kkaexport@googlemail.com

And I hope he will be able to help you. :)
336 days ago 

Kk
Senior Contributor
(141 posts)
Okay okay, I checked. Bhai Nafees kiya dushmani nikal rahay hu kahan say you get my email? Anyway, anyone need my help just email me I will come on forum to reply.

@Faisal

What service mate? If you check my posts you will find I'm not estate agent. For rent collection? Bro why you want to trust me? For you I am just name on forum. It's not wise to trust everyone. For rent collecting if you don't have any relative or friend in Karachi no problem. Check my this thread. Hire the lawyer and mention the account number of your brother. Tenant will deposit rent every month there. In DHA qabza is no problem your investment will be safe. Nafees Bhatti's link has some good flat options regarding your range. For best deals also check Dawn Karachi real estate on Sunday's. Now going to round up all Karachi relating thread.

335 days ago 

Nafees Bhatt..
Senior Contributor
(192 posts)
KK, lol brother! I have my ways. ;) And it worked like a wake up alarm for you, didn't it? :D

Thanks very much for attending to this query, btw. And hopefully you won't snooze anymore. :P
334 days ago 

FAISAL MAHMO..
Beginner
(11 posts)
Dear KK & Nafees bhai,

I really appreciate your positive and neutral advises to this forum, where Pakistani brothers who are working abroad and think PAKISTAN as their destiny, thereby for investing their money to live peacefully in our country can for sure, benefit a lot! I would say even for such advices, people are charging costs in Karachi.

@ KK, Brother, I wouldn't ask you to do that service for me like renting the flat and collecting rent. I know, I should be hiring a legal consultant / Lawyer who can prepare the relevant papers and then we can move forward. The question was, since you guys are here from quite a long period, had you have any person showing interest in extending such service by which, he can earn some money too?

I still don't believe even if we hire a lawyer paying him handsome amount as his fee to prepare the papers and make the tenant abide by all the clauses of Tenancy Agreement can work in our country. Nevertheless, people with good and positive thoughts are still available. But overseas Pakistan may not be able to spot the right person in this regard as they barely come to Pakistan, say once in an year for 30 days (may be!)

I wish I could meet any of active member here in Karachi in Aug or Sept this year. Any thoughts?

Thanks very much once again to Nafees bhai and KK... :-)
334 days ago 

(18 Answers)
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