Hello everyone, I realize that Rs. 400,000/- is a small amount in terms of the real estate market nowadays. However, i would like to get an expert opinion from the forum members as where to invest capital up to this amount in Lahore.
I am open to plots, files of all sizes, locations and any stage of development. Still, reputable societies would be preferred.
I think its a really tricky one…Can you clarify as to whether this is all that you can invest, or is it possible for you to make a downpayment using this amount and then subsequently pay installments over a period of time? Also, are you open to options in some other city also, in addition to Lahore, such as maybe Islamabad or Karachi?
Dear Usman Butt
Although this is very limited amount but it is advised to invest in property rather keeping it in bank. I think you should consider 5-Marla or 10-Marla plot in Wapda Town Kasur (situated at Main Multan Road) near Manga Mandi. Although it will take 5-6 years to live in that area but still plot in this amount is worth to buy. If you start travelling from lahore towards manga mandi then NFC2 will come at your left hand and after few kilometers Wapda town will come at your left hand side. NFC2 prices have increased sharply during last 4-5 months. If societies continue to expand then one time will come that wapda town kasur prices will increase surely. Rest Allah knows the best.
Thank you for your input.
I want to limit myself to Lahore only. Not Kasur or Karachi. Islamabad may definitely an option but appears to be financially unfeasible, keeping in mind the amount.
This is the entire amount - both the down and future payment. However, Rs. 100,000 more can be arranged if the need arises. Otherwise this is the total amount.
Usman,
Here is the list of 5 Marla plots in Lahore that you can buy in Rs. 5 lac or less
You can also check out the Plot files that fall in your price range.
Regards Samra Zulfiqar