Asalamoalikum everyone,
I want your opinion on what would be better investment for a year time period. Please keep in mind that both option have different initial capital requirement, I want to know which one would be more profitable/safe also considering the initial investment value.
Option 1:
Full dues cleared 5 Kanal plot in Multi Orchard. Initial investment roughly around 75 lac. Plot number assigned. Map available. Possession due in July 2014.
Option 2:
Latest balloting 5 Kanal plot file in Multi Orchard. Initial investment roughly 25 lac. Rest 50 lac to be paid over a period of 3 years. No plot number issued. No map. Possession in 3-4 years. Map/plot number expected to be received with in 2014.
Dear Zeeshan,
Both options are equally good. It depends upon ur afford-ability, plus people normally prefer options on installment as compared to full payment. Full payment and possession plots are generally preferred by people for living purposes.
Regards
Khan Sb, thanks for your reply.
Which one do u think would give more profit in 2 years ?
You welcome.
I would go for option of installment as you can buy two files in the price of one fully paid, so the margin for profit will increase in this case. Although, buy all dues clear give you a peace of mind as you have not to bother about the installments and balloting and so on.
Regards
Excellent advice by Mr Khan. I support it as I have a similar view about these things.
Are you sure possession for installment plots will be in 2-3 years. I have heard that they will give it asap by the end of the year?
In my view it is basically a long term investment if you want heavy profits…
Saadi bahi not very long term max in 24 months possession would b given. Plus chances are many new booking files would get possission in july aswell.
Dear Ali1, possession will take some time, don't know exact time frame. Yes, some new booking files will also get possession in July.
Regards
Finally !! Bought the file for 5 kanal farm house. Please pray for success
Congrats.....
how much profit did u pay?
8 25 for each file. But the total cost (transfer, agent fee etc) is 23 75
Zeeshan Sb, Good luck and good decision.
which one? how much profit?
Thanks