That is true because 5 Marla is not very good for house construction. Simply too small. 35x70 is ideal for investment in my view. And 40x80 is the second best for investment then 50x90. You can go for 60x90 if you get it cheap which is a good possibility. Some people need money and dispose of it at 50x90 price.
But generally larger plots are not fast moving items.
Pk1. Just to clear the glitch a little more, I remember when I entered forums ISBase and others used to say a lot that " bigger plots have longer legs to run". This point was specifically discussed. Does it mean that 5 Marla are short term quick game and big plots is a long term game ?
I also read somewhere in newspapers that 5 Marla is the most sought after item in Pakistan due to budget constraint.
Malik sahab what I have learnt over the years is that you should go for a big plot for self living or construction rental purposes.
However, for investment purposes, smaller plots are better. Ideally, 35x70 is a very good size. However, in some DHA phases 50x90 is also good for investment. Generally smaller plots have more buyers and hence a better market. Also, you can liquidate as you go along depending on how much cash you need. If you liquidate a big plot for cash requirements, you will need to reinvest the remaining money.
Agreed with Pk1… That is what I’ve been saying to Malik Sb also… Big for yourself, small for others is the best strategy.
Thanks PK1 and Junaid.
Guys i don't understand what you refer to as small plot. I mean upto how many marlas do you consider a plot small and from how many marlas does a big plot start?
also does this small and big apply differently to different areas like Dha, cda etc. Or is it the same? and what about gains? do big plots have big gains over time than smaller plots? i thought a 10 marla plot would gain 2 times as much as a 5 marla would.
Generally in Islamabad the large sizes in new sectors are 50x90 or 60x90 while the small sizes are 20x40 and 25x50. The mid range is best for investment which includes 30x60, 35x70 and 40x80.
There are more buyers for the mid range so the market is bullish and return on investment is generally highest.
In some areas, the big plots are the most common variety such as in DHA. In these schemes where big plots are highest in number, it is a good option to go for the big variety as the price increase in big plots will be as good as smaller ones.
Thx pk1 that helped a lot
Any idea if I-15/4 plot is worth holding keeping in mind prices are already in the range of 70-75 lakh for 5 marla? Experts advise needed. By the way i was about to sell for 47 few months back but thanks God, there was some document issue and now the prices are sky high
Prices might not rise as sharply as they did till the Eid. As long as the Golra Underpass thing is alive and in news prices are expected to rise though not sky rocketing but more organically. Time to hold I will say …
And imtiaz bahi what’s latest news or any update about golra underpass plz share .
Brother last updates was Aug-12, Technical Bids submission deadline to NHA.
As per the news earlier, deadline passed for submission of technical bids. They are under evalation now as per NHA.
Once technical bids have been evaluated, financial bids for shortlisted firms will be open. Firm with best technical and financil bid will be awarded the contract.
wait for Dec/Jan Prices will touch 85+ in next couple of months. Possession of 3 and 1 sector is around the corner. NHA will award the tender in next couple of months. Heavy sale purchase is going on in I-15 right now. I am also holding two plots there.
I _15 possession effect to the prices of I 16? What’s the future of I 16 . especially after golra morr underpass tender. Prices will stable in I 16 .
How Golra interchange will effect the prices of I-16’s neighboring pvt societies like Upcountry, Taj Residencia, FOECHS etc?? Will they see any rise.
when a jump comes in I-15 after some time there comes a jump in the prices of I-16, now I-15 prices are at least 10 lac higher than I-16 so in next few months I-16 will get a jump. I think this is the best time to invest in I-16. When this whole patch will get more population, prices of the whole area will rise.
Nasir prices are almost similar in I 16 and I 15 .I don’t think there is much difference. Because average plots price in I 16 is between 6 to 7 million. And then it’s better to invest in I 15.
Hmm i didn’t noticed the latest this week prices of I-16 two weeks ago those were cheaper than I-15. So if the price is same than I-15 is better.
Nasir sb what is your opinion based on the current update in the market? Now that underpass work has started. Is there any discussion on the connectivity to Kashmir highway?
not any sign of I-16 kashmir highway connectivity. I think this will take atleast 2-3 years more, as there is very less population that is needed this connectivity. I think it will be done after I-17 development.
