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Investors Advice discussions and advice. Participate in ongoing dicussions and get invaluable Investors Advice advice from people who are experts in their industries or start a new Investors Advice discussion.
Muhammad kha..
( 15 posts )

[58 Replies]
Salam
I want to invest in park view .Is there anybody who help me with to invest or not one property agent told me buy in park view after 3 months when new booking map approve the rates will b high and you will get good profit is that true as investment point of view need experts view

    299 days ago In Investors Advice
    Post Answer
    Imtiaz
    (821 posts)
    Park View sounds like a good one but tricky.

    The point is it got NOC that was later revoked and than reinstated and now again there was a news that there are some legal implications for restoring the NOC. You never know, before NOC restoration 5 marla (most common category) was at 3.5 m and with NOC sorted out that jumped to 5.0 all of a sudden - Block A & B, so if NOC gets challenged or revoked again, not sure where would that person stands that bought it at 5.0 million (the current peak).

    Its a Politician's project, so some years that is best, and when the circumstances or political scenarios change, politician's project and assets suffer and in this case, if and whenever such a situation arises, it will be common people who may be at the suffering end (I wish never).

    Importantly, they are a competitor to Bahria Enclave - location, infrastructure and price wise. But Park View is starting prices at that level where Bahria Enclave has reached after a decade. So it sounds like a good project but too expensive and tricky.

    The only charm would have been to averse that risk, if the prices were half than, that was a game on for those who missed Bahria Enclave!

    They are advertising and promoting heavily and ultimately those costs gets added up to the price of the plot and ultimately paid by the buyer (e.g. Capital Smart City).
      299 days ago 

      Abdul Qayyum
      (1736 posts)
      Imtiaz Sb.



      What you say about the main access of this place from the Curri road?



      Is not it pathetic?
        299 days ago 

        Khalid Javai..
        (863 posts)
        I think its a good project but risky, anything happen positive/negative in future so invest in it very carefully/wisely.
          299 days ago 

          JDM
          (579 posts)
          This project will literally kill Bahria Enclave sectors like H, M & J, if PTI forms next government. But if they don't than this project will take a pause again for at least next 5 years.

          So it's a gamble that can go either way in near future.
            299 days ago 

            Abdul Qayyum
            (1736 posts)
            Presently investment in DHA-5 is best among all Islamabad highway societies.

            Phase-8, DHA-3/4 and rest of the family on Pindi bypass, would be the next candidate for appreciation in future.
              299 days ago 

              JDM
              (579 posts)
              Abdul Qayyum Sb.

              There are no buyers for Islamabad highway societies for now. I personally know people who are trying to sale their plots but unable to find any buyers even when they are willing to accept lower offers. Right now boom is all towards new airport. People trying to exit from DHA and Bahria and invest close to new airport.

              I personally don't understand this trend but people are moving fast towards new airport. DHA is also facing NAB investigation so for at least another few years DHA will be stagnant.
                298 days ago 

                Muhammad kha..
                (15 posts)
                How many time people will visit new airport daily .once in year people visit airport friendly speaking the property market is not stable people still try to live near to islamabad because there offices are in Islamabad not in new airport
                  298 days ago 

                  Imtiaz
                  (821 posts)
                  Abdul Qayyum sb,

                  I visited Park View City a couple of days ago. Overall access is not bad. Same situation as that of BE. Although Park View City comes anbit earlier than BE but I would say access to BE is still better than Park View.

                  Moreover, even considering the developed (tiny part) of Park View is years and years behind BE. Even main boulevard whatever 100 - 150 m whatever has been constructed is much narrower than BE, comparatively. For a 5 Marla posseson plot for 5 Million, I would say BE is a much better and easiest choice among the two, as of now and years to come.

                  Muhammed SB, it's not the airport, it's the road network and improved access that common buyers hope to improve to buy today (when it's still in reach) that will be profitable tomorrow!
                    298 days ago 

                    JDM
                    (579 posts)
                    Muhammad Khan Sb.

                    I fully agree with you. But this is Pakistan. Yahan ulti ganga behtee hai.

                    I absolutely hate Zone-II but it's a fact that everyone is investing towards new airport. Growth is so fast that in few years you will have societies touching limits of Fateh Jang.
                      298 days ago 

                      Kamran
                      (12 posts)
                      It is strange if one says Capital smart city the only project where marketing cost will be paid by the customer... How about all other societies where they marketing... Many of these use agencies like Star marketing... Dont u think the cost of marketing in all such projects is paid by the customer...



                      so I would request we should share unbiased opinion about a project rather showing personal liking and disliking...
                        298 days ago 

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