Commercial Plot On Installments - Islamabad

[initiator (ahmed)]

I am looking for answers from pros especially pk1, ihsan, saadi etc.

I am slightly confused as to whether look residential or commercial property. I have saved about Rs. 4 million. Plus I can pay upto Rs. 4-5 lac per month towards installments. Investment horizon is 3-5 years.

First I thought about buying a Multi Orchard Farm, but it's a long bet, God only knows what would happen. In addition, I will have to pay zakat on landed property each year.

I am thinking about a commercial plot in PECHS or elsewhere. My budget is 50 lac if paying lump sum, however, on installment basis I can go for a property upto Rs. 1-1.2 crore.

Any suggestions?

[saadzafar92_2 (Falcon)]

Sir pechs is a good society if u foresee the things from long term perspective…U can also go for a 20x30 plot in bahria town phase 8 where installment plan is going on.U can get multiple options in bahria town phase 8…Dont know about commercial plots of b-17 but i think installment plan is going on there aswell.

[initiator (ahmed)]

Is pechs still selling plots on installments? For pechs, could you tell me the best area for commercial plots? People have been discussing c-block though.

What other options are available for installments other than bahria town and dha?

I am open to residential plots as well.

[initiator (ahmed)]

One more thing… Have you got any idea abotu manzar e kohsar next to mpchs b-17 project? Apparently the prices are very low over there? Any reason for that?