Given the uncertain situation of societies around New Airport, can experts shed light if it is wise to invest in AWT D-18 Islamabad? If not, what are other recommended alternatives for safe investment?
A good question, what is recommended to buy in zone 2, experts to comment plz … to make it a little specific … what would you recommend for 6-7 million rupees to buy a piece of land for constructing one’s own house, Thanks
@ musafar…Sir dha and bahria town is best in this budget.
Thanks brother SAADI_AQUARI.. But if my information is correct then I know that bahria phase 8 is being handed over to owners, for example F-1 and part of F-2 is already handed over and the rest of F-2 as well as F-3 and F-4 is expected to be given possession of soon.
A 1-kanal plot in F-4 is 40-50 lacs and 10-marla in F-3 is 27-29 lacs. This seems a very very good deal esp. If possession is within months as reported. The budget I quoted can almost buy a 1-kanal and a 10-marla plot (if one stretches it a bit to 7-7.5 million),
BUT THEN
I am reading on this forum in different threads that some members are saying to stay away from bahria pindi ….. And that confuses me plus one does get suspicious why the prices are so low, is it really the general market being low everywhere or is it something specific happening in phase 8. What adds support to this latter suspicion is the fact that a non-possession 10-marla (c block) in enclave is still 60+lacs so why isn't that lower if there is an issue in general market or general bahria market …. Is there anything specific happening to phase 8?
and then that brings one to look in zone 2. B-17 doesn't seem attractive currently because of serious issues with D-block as I am reading on the forums here. Multi's 5-kanal farm house plot seems attractive in the possession or near possession blocks (i.e; c block) and i thought if the price of that was 65-70 lacs …. But having read comments from brother Pardesi in a recent thread, he says they are now around 1 crore. That is a pretty high price for buying in Wah and not really in Islamabad or what do you think?
Comments or clarifications are badly needed on this scenario from senior members @ Mr. Khan, @Nasir, @Pk1, @Sheikh Abdul, @ Syed Ibrahim, @ Nadeem Ahmed, @ Isbase and @Mbs
Thank you all.
Nobody responded to the original question :)
AWT D18 is an ok deal now - and can be a good deal if Sang Jani (AWT) motorway interchange opens. Senate committee has managed to freeze the interchange somehow - and with the new chairman in NHA not willing to make a decision - this is put on hold.
AWT D18 is still affordable considering the area. 30-40 lacs for 1 kanal and 15-25 lacs for 10 marla depending on location and sector.
My understanding is that the interchange will eventually open - in whatever time it takes as it has been almost completely built and AWT has the proper paperwork and approval. They can delay it by another 6-8 months maybe but will have to open.
BTW - the civil aviation issue only applies to societies in 4 km radius of airport and not beyond that IMO.
Bro try to get plot in CDA sector it will be much batter, for steady price increase over long and short time investments
Anyone wants to comment on my question too? Anyone?
Musafar - in my opinion - Bahria Phase 8 can not stay down for long. It is a fantastically developed area with no comparison with-in Bahria or with other societies. With more houses being built and new road infrastructure (10 lane signal free expressway to rawat), it is bound to recover and appreciate again.
Thanks brother @Waqar Ahmed … can u suggest which sector could be a good buy in phase 8 at this stage, for one or two 10-marla plots?
Personally I like Safari Valley and sectors around the expressway including E.
I however thing if one is investing long term - can also consider undeveloped areas as well - as eventually they will get developed.