Dear all, please give an advice for investing Rs 1-2 million by an overseas Pakistani in a good place in Islamabad or nearby. This could be just down payment and then installments paid later on or a lump sum payment.
Thanks
The best option avaiable is multi orchards, currently u have to pay around 23 lak and be owner of 5 kanal plot. Total amount is 65 lak, which u have to pay on installments, 5 lak installment after every three month, this is safe and secure investment and have abality to triple ur money in 3 years. Plus u will always have a chance to quit on profit as current price is very very reasonable for 5 kanal. Which wont be in near future.
There are few other options available as well which other might tell u. But to me orchard 5 kanal is the best at the moment.
I totally agree with the suggestion of Triver.
30x60 all dues clear plot with number on map in Multi Residencia is also a good option costing you 17.5 to 19 lacs.
TopCity and Mumtaz City.
Thanks guys for good discussion.
Where is Multi Orchards and Residencia exactly?
I would advise to go for AWT, where 5 marla plot can be bought in mentioned budget.
Multi Orchard is located here.
https://maps.google.com/?ll=33.716433,72.716264&spn=0.008549,0.016512&t=h&z=17
I am also an overseas pakistani and your above advise on ‘Multi Orchards’ has really clicked me. My only concern is if this builder / Company is safe? Have they delivered any successful projects in past? I am asking only because lately i have heard many scams and would like to make sure. Please advise. You guys are top stars.
Multi orchard is a 4 th project of Multi professional cooperative housing society. First was E11, second f17 then B17 and now Multi Orchards. Their reputation is above good in market and everyone trust them because of their track record. This is 100% safe investment and i don’t see even 1% chance of fraud in this project.
Dear Hammad Arif:
This project of MPCHS, which is a good brand name in Islamabad property market at the moment after DHA and Bahria. They have developed E-11(sub sector), F-17 and B-17, good development standard.
Regards
Thanks a lot Triver, Mr Khan and Dr Musi. Your suggestions are much appreciated. Actually I am doing it for a family member and I advised for B17 E 30x60 or 5 kanal Orchards plot. However, the 5 lakhs quarterly payment is a bit of a problem in the farmhouse scheme so they might go for B17 E block 30x60 plot with full payment or a plot with some remaining installments if available.
Btw, is it alright if e.g a few installments of 5 lakh are not paid on time in the farmhouse scheme and then they are updated altogether near the end of the payment plan? I think the fines are only enforced after the last installment date?
Dear Junaid, uptil now they are not very strict on the payments with some delays. In future they might enforce it more strictly, so no one knows.
Regards
Yes you are right as I was expecting to be fined but found out that they did not fine me for updating 4 missed installments in B17.
Right Junaid, good luck.
@ junaid…You can also invest in flats in dha 2 and al ghurair giga offices as it is also a very handsome investment opportunity…
How about DHA Valley? Or DHA Valley Overseas Block? What are their prospects? Or should I tell them to wait until new booking of an upcoming MPCHS project?
Sir dha valley is a bit long term investment but its return will be good…MPCHS new booking will also be a very very long term investment so in my opinion dha valley would be a better option.
Dear Saadi, in the recent past return on new projects was very very short term, how do u see their new launching as long term investment?
Thanks