Hey fellas, i am rounding ideas of side businesses to start in lahore. Currently my idea is circulating around starting a banquet hall as it is quite popular in pakistan and is a good life long investment. My questions are many but i will summarize them. 1)what are the best and not too expensive locations in lahore where a banquet hall will work wonders. 2)what is the cost of constructing a banquet hall. 3)most importantly, do we buy a commercial plot and then only can we construct or can we rent a commercial plot and build on it. 4)what is the cost of maintaining a banquet hall and what are the risks in running it. 5)how much investment is needed in total to construct a 1-1.5 kanal banquet hall in a medium class area and upper class area if we intend on purchasing a plot?. If any of you are currently running a banquet hall, please let me know so i can meet you and we can discuss further.
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