I-14/16 And Property In General: Sharing A Weblink

Property Updates Real Estate Trends
#1

I read a note of property from the following website. Members please comment how correct are its contents:

http://islamabad.olx.com.pk/current-prices-for-i-14-i-16-plots-iid-539362962

Prices of plots for direct purchases without involvement of 3rd party

I-14

25x50 at 40 foot road= 18.5-21 lac.

Level plots and away from nalas-depression and waste dumping site, grave yards and high tension lines.

Calculate prices for other plots at the rate of Rs. 1440/ sq. ft. and add 10% for corner plots, 10% for plots on 50 foot road-service road and 15% for double road.

I-16

25x50= 15-16.5 lac . at 40 feet road.

Level plot in I-16/4 away from nalas-depression, waste treatment site, grave yards & high tension lines.

25x50 level plot in i-16/2 at 40 feet road=13-14 lac

Rates for I-16/3 and I-16/1 are much lower and varied depending upon the plot location.

Calculate prices for other plots at the rate of Rs. 1200/ sq. ft. and generally add 10% for corner plots and 10% on 50 foot road-service and 15% for double road.

All experts and big bosses agreed in their business meetings that real estate market in Pakistan is going down very speedily due to many reasons.

Regards

#2

Sorry what does it exactly say?

And who have agreed that real estate is going down?

#3

Sir in which areas real estate is going down…Kindly mention those areas…

#4

Dear MBS and Saadi: This is not my written note. I shared it with you after reading it from an olx site. Like you I do not know who has agreed that prices are likely to go down and in which area it will go down.

#5

I cant believe that value of 5 marla plot in I-16 is abt 13 lac. Even FOECHS is selling at 7-10 lac, and the value of I-16 is roughly 3 times more than FOECHs

#6

Does anybody have updates about the current prices of I-14 & I-16? Please share. Thanx

#7

Prices in I-14/15/16 might see a drop because of the cancellation of road which has to connect these sectors to Airport.

#8

No way these sectors are located in top location it might not increase further but going down is just not possible looking at the inflation rate after change in government i think it is not possible

#9

I agree with Mr. Saeed. The pricess of I 14 and I 16 will increase gradually. Especially with the growth of number of houses there.

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