Plot in C-16, Good investment

Salam

I am planning to buy 1 kanal plot in c-16. Asking price is 65 lacs and i have offered 58 lacs.

Is c 16 legetimate sector? Is it safe. I have been told allotment letter will be issued but there has been news about c16 that land possession has not been done yet by cda.

Gurus , please advise. I am overseas pakistani.

Thanks

Yaqoob

Sir better to buY on Ground properties…These type of deals can be risky especially for overseas people.

A couple of months ago price gone upto 90 and now its 65, how?

Agreed with Saadi,don’t go for it.

Dear Kami2k,

Because C-15 & C-16's Balloon is punctured now.

Thanks for response. Which sector in islamabad would you recommend for similar price arounbd 60K)

In this budget go for dha or bahria town…Increase your budget a bit and opt for M block 1 kanal plot in dha 2.

Yaqoob , I think u mean 60 lac and not 60 K… Yes u can go to Bahria and DHA as Saadi said. In Zone 1 of Islamabad you cant find a 1 kanal plot in this price…However lot of options in Privately developed Zone 2…

Sir u can also consider AWT,Wapda Town,ECHS & Veterans in Zone-2

In last month C-16 grooms up but at that time its a little bit slow