Hi I want to invest about 1 - 1.2 million in lahore real estate that will give a good return in 2-3 years. Investment should be low risk. Possibility of future rental income will be a bonus. Suggestions needed. Thanks
Go for NFC 2 Cooperative housing society adjacent to Bahria town on main canal road. this is the best choice.
Thanks ali Can you please give me some more info about nfc 2. Current market price for 5, 10 marlas. Development work status, legal status or any other problems with the project etc.
I am also thinking about nfc phase 2 but i have heard it will take 5 to 7 years to get possession.
I bought 1 kanal plot in nfc 2 in april 2012 for 9 lac Now its price is 23 lac It is an excellent society with development work in progress which may take 3 years Its location is excellent adjacent to bahria on main canal road Its prices are rising sharply and are expected to double by mid next year The main reason is that development is in progress and the prices of adjacent societies are much more than double its price. Investors are entering into it fast. i am also going to buy another plot here soon. Standard of nfc 1 society is an example. In nfc 1 price of 1 kanal is 70 to 80 lac.
I am an overseas pakistani and own two properties in lahore that i want to sell. One is a five bedroom house that is already rented. I could email you the details if you are interested. Thanks
Sorry, i didn’t pay attention to the amount you want to invest, i assumed it was 1 - 1.5 crore.