I am looking for a 10 Marla plot in D-12 Islamabad which I intend to construct for personal use. Please guide about the current market of D-12 and when it can be liveable?
I have noted that some people have already constructed their houses in D-12 but are they living there; is a question.
Please share your thoughts.
Sir d-12 has no population and its better to build home in b-17 b block though current rate is 135-160 laxks and there is too much thieft and markaz is under construction
@Muhid, thanks for your valued input; but don’t you think that B-17 is too far from main Islamabad?.
No comparison between d-12 and b-17…Avoid B-17 at all costs…Select between d-12 and g-13…
@SAADI_AQUARIUS, which sector amongst D-12 and G-13 is better in terms of better ROI on long term investment.
D-12/3 and g-13/4 subsectors are best but they are expensive as well…
D-12 has some population. Many families live in D-12. It’s wrong that no one lives in D-12.
It will take a really long time for D-12 to develop. Here is my reasoning. The prices of plots in D-12 are very high. The higher the prices, fewer are the people who can afford to buy a plot and build a house. So for all or 90% houses to be built would take a long time. If the plots were cheaper as in Lahore, you would see very quick development as more people would be able to afford it.
Secondly you have see the rent you can get once you build a house in D-12. Right now a 500 yards plot is around 2.5 crores or more. Add 1 crore for construction. So your investment would be 3.5 crores. How much rental would you get? I would say around 60K -70K per month. This is around 2%,, which is way less than the historical average of 6% for Islamabad.
So build a house if you want to, but dont expect any capital gains in the next couple of years. Thats my take on the issue.
For living purpose, D-12
For short-term investment, G-13
For long-term investment, B-17
Please can anyone mention price range of 50x90 and 40x80 plots in D-12? Thanks.
Yes, it will be good if someone could kindly give price ranges in D-12.
25x40=56 to 72 lacs approx
30x60=1.1 to 1.35 crores approx
35x70=1.4 to 1.85 crores approx
40x80=1.8 to 2.5 crores approx
50x90=2.45 to 3.25 crores approx
60x90=3 to 4 crores approx
So for a 500 yards plot, I spend 3 crores for the plot, and then 1 crore for construction.My total investment would be 4 crores. How much rent would I get? and how much capital appreciation can there be in the next couple of years? considering that you can get 500 yards house for 5 crores or 5.5 crores in F-10 and F-11 with all services and fully developed sector
Jahanzeb your point is very well directed …we hope some one from D-12 lovers. Or expert or promoter clarify the investment/return and appreciation comparison of 1 KANAL F=10 AND D=12…PLEASE HAVE THE SAY…
I would go with f-10 if you have budget…Developed sectors in cda are always preferable because of the pace of development of cda…Main difference would be that you would own a new and modern standards house in d-12 with poor development and in f-10 you will get a house which will need renovation constructed according to old 80s or 90s standards but development is excellent but i would still prefer f-10…
I went to D-12 today and yesterday too. Mostly D-12/2 and D-12/3 is comprised of bigger plots and close to hills. Most of the plots are of bureaucrats. Those who have bought from them are also rich and affluent. They do not care for ROI. They want to enjoy nature. When one has enough money he/she can think of such things. I am not in favor of this nature loving theory but I have met atleast 4 families living in D-12/2 and they obviously has high praise for the locality.
D-12/1 and D-12/4 has smaller plots and more families live in these sectors. Some streets give image of E-11/1 and 2 around 5 years back.
Rentals are very poor of D-12. I know a person who was ready to give 50x90 portion for Rs 13000 rent. Owners of houses can do struggle of living in such less populated area in hope but why should a tenant do such adventure. Whenever it's developed, his/her rent will increase according to the market.
Everyone knows that D-12 will remain poor market of rental returns even if it's developed to some extent. But not so poor. When a sector gets going, it change most of the things. Many estimates prove wrong. Examples are 2011-12 for E-11 and 2012-2014 for G-13. But still D-12 is on side.
I can be wrong in my view.
Agree with brother Saadi on simple economics and investment points of views......
BUT B.R.Malik sb, your observations make sense, bcz instead of knowing the facts of 2-5 years stagnation in rental and appreciation to some extent, ppl are still attracted to D-12, that proves the point of; MONEY buys WHAT HONEY wants'