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Faisal
( 225 posts )

[13 Answers]
Any update on f-16 so long long awaited development work.

    1732 days ago In Investors Advice
    Post Reply
    Asad Malik
    (419 posts)
    I had visited F-16 few days back and development work of the main principle road has started with basic leveling. The main electric grid station is in production which will provide electricity for F-15 as well. It looked promising so i purchased a plot there.
      1732 days ago 

      Matrix
      (532 posts)
      Asad bhai , where exactly did purchase and what was the price.
        1732 days ago 

        Asad Malik
        (419 posts)
        Matrix, It was F-16/3 sector at the starting near to the electric grid station. The demand was 6 million and i was successful in making the deal at 5.6 million.
          1731 days ago 

          Hayat
          (900 posts)
          Its very good investment since development seems continue at consistent pace. Huge price diffrence between developed area(8M and under development(3M) for 10marla
            1731 days ago 

            Isloo
            (1346 posts)
            Congrats Asad, F-16 is currently the best sector for living in zone 2.
              1731 days ago 

              Asad Malik
              (419 posts)
              Thanks Isloo and Nasir05,



              My intention was to purchase a plot at F-15 however when i visited Pakistan to see the plot that we were negotiating, i was surprised to see that there is wall boundary on the way to the plot so the dealer recommend F-16 Land against plot which i didn't know the details about so after some research i decided to purchase the land against and save on taxes. F-16 land is more available to the society as compared to challenges of F-15.
                1731 days ago 

                Muhammad
                (283 posts)
                Thanks Asad and Nasir for sharing the update about F16. I think Nasir was the first one on this forum to share the info of development start of F16.
                  1730 days ago 

                  Million$$$
                  (442 posts)
                  What is the amount of development charges on f16 plots?
                    1730 days ago 

                    Faisal
                    (225 posts)
                    Dear Asad,



                    It’s quite surprising; am also sitting overseas, dealers are offering me 4.5M for 500sq.yard in F-16/4. Are you sure no one cheated you on 5.6M.
                      1730 days ago 

                      Hayat
                      (900 posts)
                      I think Mr. Asad did right thing as purchased a plot of "plot against land". This means it was allotted initially to some one who given his land and get a plot with the commitment of society to develop it without any additional development charges ( as CDA policy for 4 kanal land gives 1 kanal develeped plot to owners).
                        1730 days ago 

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