Note: The icons are shown against your rank on the forum.
Buying Property discussions and advice. Participate in ongoing dicussions and get invaluable Buying Property advice from people who are experts in their industries or start a new Buying Property discussion.
For your money, I think Central Park Lahore would be the best investment option. It's a little far away from the main city but is pretty secure. 3-5 years is short period of time but Lahore is expanding in all directions like anything so there are good chances that in just about that time, Central Park won't be that far away from the city centre.
It's a fairly secure and clean project with as such no worries pertaining to land grabbing etc but just to be extra sure, it's best to go through some relative and have someone keep a constant eye on your property while you're away.
You're welcome Nadeem. Central Park is on Ferozepur Road. If you take the road that goes to Kasoor from Kalma Chowk, you'd hit Central Park. It's a very neat colony and relatively new. Perfect for those who do not which to compromise on anything. There aren't many new projects that are at par with this one. :)
NFC Phase 2 is developing at good pace. A kanal plot is anywhere from 12 lac to 20 lac depending on location so you can buy two one kanal plots easily. In one or two years time their value will easily be double inshAllah.
On Multan Road. Close to Bahria Town E block. See map below.
http://www.lahorepakistan.net/
Uncheck the top checkbox 'Housing Scheme Location' this will uncheck all housing schemes and everything will disappear. Now only check NFC Phase 2 and it will only show this scheme.
Central Park is nearer if you take DHA Phase 1 as the centre of the city. Also it's cheaper. You can get a very good plot for about 11 lac. A better option in my opinion.
If you define Lahore by ring road you will agree that while NFC Phase 2 is at the edge of Lahore, Central Park is miles outside Lahore. Just being relatively closer to DHA doesn't mean much. NFC Phase 2 is closer to Johar Town, Wapda Town, Iqbal Town, Samanabad and just about every other scheme. Also NFC is more reliable and development is faster.
NFC is a bigger project, I agree and it is rather conveniently accessible via the Ring Road but honestly speaking, it's the first time I'm even hearing about this project. :)
