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Abdul Karim
( 19 posts )

[101 Replies]
Dear all,

Assalam-o-Alaikum!

Can anyone let me know whether Faisal town, F-18 is a CDA sector?
What do you people suggest investment is profitable or not?

Thanks

    2196 days ago In Investors Advice
    Post Answer
    Sheikh Abdul..
    (1750 posts)
    I think they managed to get NOC from RDA but unsure of CDA. Last time I heard a rumour that they are pending approval from CDA regarding NOC. Don't know whether true, maybe an estate agent dealing with Faisal town can let us know.
      2196 days ago 

      Abdul Karim
      (19 posts)
      Thanks Shaikh Sb
        2196 days ago 

        Sheikh Abdul..
        (1750 posts)
        Also at the moment, there was no profit until these past 2 months or so when land was acquired. Profit rate is about 250 thousand. But its a hard sell from what I have heard. Its a lot of money at stake for only a file. Mainly long term investment.
          2196 days ago 

          Abdul Karim
          (19 posts)
          Yeah I have heard that a price of 30*60 plot is around 1500,000 which is big amount. Just map is approved. No development work done at all even then so high prices.
            2196 days ago 

            Prop Guide
            (6961 posts)
            I would say, it is long term investment and the price is also on higher side, keeping in view no development uptill now.



            Regards
              2196 days ago 

              Abdul Karim
              (19 posts)
              Dear Ihsan, what do u say about new airport opening? If new Airport is started definitely plots prices would raise. But are right that its long term project.
                2195 days ago 

                Prop Guide
                (6961 posts)
                Yes, that would have positive effect on prices. But the most important thing is development work, if there is no development work then, other things will not help that much. Regards
                  2195 days ago 

                  Sheikh Abdul..
                  (1750 posts)
                  Yes but if new airport was to open tomorrow, faisal town have no development so how would this increase the prices? it depends upon the society as well as the main beneficiary whether its road links, or whether it is the airport etc...not just one thing! plus when development does occur, it would depend upon the development standards also. These things are something to bear in mind Abdul karim saab.
                    2195 days ago 

                    Bluedoctor
                    (641 posts)
                    Instead of F 18 ..my vote goes for Top City..good investment..a.any body who want to invest near new airport ...go for top city ..prices are very reasonable now..so grab the opportunity .. Before price go out of ur reach. Regards
                      2195 days ago 

                      Sheikh Abdul..
                      (1750 posts)
                      Well all 3 sectors (pechs, mumtaz city and top city) near new airport are recommended actually if your investing around that area. But your right, top city appears to be the best value for money in this era, good time to invest there before prices further increase!
                        2195 days ago 

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