I seek the advice of all real estate experts on this website please!
What would be the most appropriate area in lahore to invest 50-60 lacs for a period of 1-2 years?
DHA Phase 7, 10 marla plot at a good location could be a nice option in your budget. Although, technically its a non-possession phase but the development work is in its final stages and possession is expected in just a few months time when the prices will take a jump. You can visit the site as the road network is also mostly ready.
Phase 9 files are good for speculation, but if you buy them, you will need to remain vigilant of the market trends, a kanal file should cost around 5 million and might touch 6 million by Eid (or just after), or atleast thats the speculation.
If you have no problems in keeping your money invested for atleast two years, you can also consider NFC phase II.