Hi,
I'm an overseas Pakistani and want to invest some money in real estate in Islamabad. My budget is up to Rs. 3.5Million. I need sincere advice that should I buy 10 marla in E-12 or 10 marla in Bahria Enclave or 1 Kanal in B-17. I want to see my investment results in 5 years. Can someone please guide me in making a better decision.
Thanks in advance.
Syed Ibrahim,
Can you please advise. Thanks
For Investment B-17 is best option. In my opinion invest in small size plots. You can buy 2 plots of 7 marla in B-17 and 1 plot in Bahria Enclave in your budget.
Dear Arshad,
For investment purpose bulke I would say for safe investment go for Bahria Enclave or B-17 as Bahria is doing development in Enclave and multi already developed there 3 blocks and will develop other 2 with in 2 years. Location wise undoubtedly E-12 is better then b-17 and enclave but there is no surety of development there and rates will not appreciate up till development.
Kamran bhai option is much better buy a plot in Enclave and and one good plot in b-17 or 2 small plots in B-17.even if you have 35 lac cash you can buy 5 marla in enclave and kanal in b-17 undeveloped sectors. And if you want to buy a single plot then B-17 kanal is better.
Just reading the comments and don't know why you guys are always comparing regular sector of CDA with societies. Many novice person don't know the difference so please don't misguide the people. It's easy to buy plot in these society but hard to live there because of their development and monthly charges.
Always prefer CDA regular sector and stay away from societies.
Hazaron khawhiashain aisi...
If budget allows than no doubt CDA is still good option but not The Best. Personally I have many concerns on CDA and CDA sectors. In G and I sectors there is swear water shortage. Tankers charge 600-1000. There is also many other issues. CDA is also champ in corruption. No one give exact date of developments of stalled sectors.
The only reason in my view to prefer CDA sectors is resale value. Otherwise many societies like Bahria, DHA, MPCHS are better than CDA. If some one want to live peacefully there is better options available than CDA.
Dear Bilal,
Thanks for the feedback.
CDA sectors are always good resale wise and location wise but not facilities wise. Cheapest sectors are g 8 and 1 10 where you can get a 5 marla home around 65 lac and remember that home will be minimum 20 years old. So nothing to misguide anyone it depends on budget and also plot size. If I have 5 or 6 crore rupee i would definitely buy a home in F 6 or F 7 for my personal living and just due to there location.
Can you buy a kanal or even a 10 marla plot in any CDA developed sector in central Islamabad in 3 million budget?
So we are not comparing CDA sectors and pvt societies we are discussing solutions budget wise and location wise.
@Syead Ibrahim
Good points! :) I agree with you but tell me some thing how long do you think that the resale and location advantages of the main Islamabad G, F, E will reaming? As Islamabad is growing toward zone 5 and toward zone 2 I think forever because all the major universities NUST, Fast etc will always remain in H sectors and Bahria university in E sector PIMS, Shifa now Quaid Hospital, all major Govt offices will also not shift any where but near main Islamabad and even F-9 park, Margalla Hills, Lake View Park, Rose & Jasmin etc. what do you think? Is there any change of main CDA sectors value going down or not increasing like in the past ?
Thanks guys for your nice feedback. Is there any chance of E-12 getting developed in the next 5 years.
How far will be B-17 from the intersection of Margalla Avenue and GT road. Will this intersection be after the Tarnol Junction (Peshawar side) or it will be before Tarnol Junction (Islamabad side).
Thanks.
Very Little chance but Allah knows better. B-17’s current distance is about 35 km from Main blue area(F-6). After Margalla Avenue it will around 20-25 km. The intersection will be after ternol (Peshawar side).
Dear Khalid,
Prices of main sectors will not go down hopefully other then any exception.
But also it will not increase very rapidly majority of Islamabad main sectors are stable from lat 2 or 3 years you can check the rates. Like if a plot was on 50 lac 2 years ago and current price is 55 lac then its not a change of price. Central Islamabad will always be very precious due to its location and facilities if some one can afford then its best for living not for investment. Investment always give good returns in developing sectors not developed areas.
After the Malik Riaz scandal I guess the prices in CDA sectors will shoot up.
There will be a minor change in prices as 10 percent or 15 percent will shift there minds from Bahria to zone 1 or 2. It depends on CJ now because this is not 1st scandal of Malik Riaz.
@Syed Ibrahim
Why you guys don't consider i-14,1-15,1-16? These sector are also good for middle class. Currently the price are very low and you can buy a plot in these regular sector easily. Many people on this forum prefer societies and I don't know why? Either they are part of these societies or they have plot there.I only got a good feedback regarding G-15.
Dear Bilal,
I agreed we consider it but there is a problem if some one need kanal plot or 40 x 80 or even 35 x 70 plot then he cant switch there because only 25 x 50 and 30 x 60 are available there plus if a person don't want to invest there or he is not interested in that area then we cant force him.
If a person can buy a home in a developed CDA sector I will never recommend him any society but if a person is only interested in societies due to his budget location size or investment purpose then definitely i will share my opinion with him That's all dear.
@Salman,
The scandal seeps into DHA now. NAB has launched fresh enquiry on land scam of DHA for Phase II extension and DHA Valley.
Well we all knew this would happen some day as our Sr. Army offices are very corrupt! And DHA will also have a fate like CDA …