Can any body have information regarding the development of Sector E-12 as I want to buy property in E-12. It is almost opposite to D-12 and the rates of plots are almost half the rates of D-12. But the main question here is regarding the Possession for construction and the development i.e infrastructure provided by CDA.
Aww this is my favorite sector and been deeply interested in it. Everyone gets charmed by its location but frankly take it out of your wishlist. CDA seems to have no intention of working on it.
They have already got enough on their plate like Margalla avenue, work in developing sectors and on top of that the Park Enclave - for which they have eaten big chunks of money of the richest and influential people and still going happy go lucky.
But yeah, if development kicks in by some miracle - because you never know with Pakistani government. 
Then market will go nuts over it and would be too hard to get a plot there in these prices. In fact, prices will quickly match up with D-12 prices of course not before the development is completed.
Thanks MBS for reply… what do you advise regarding D-12, that if I buy a plot of 4.44 marla or 5 marla and then construct it for resale purpose… what will be in your opinion future resale for it…
The construction pace is very slow in D-12 and secondly the availability of utilities like gas and water is yet a concern.
So if you buy a plot now, immediate construction will not be much useful but of course there is a concern for ever rising inflation in building materials prices too. So there are merits and demerits of both constructing or not.
But personally I would not advise a non real estate person to get into this construction and selling business. Because your construction cost will be higher than professional contractors who build multiple units.
Secondly, even if you build it now, an end user would not be able to live in it because of no population and availability of necessities. So you may end up selling it thru agents which will slice the margin of savings, if at all.
My suggestion would be try to get a good deal on plot, taking your time without any hurry. Then follow the market trend, if you see your neighbors constructing their houses, then follow the lead.
And for a sector like D-12 in 3 - 4 yrs time, earning rentals would be more beneficial than selling the house.
Right … but don’t you think that if i buy a plot and construct it… the whole procedure will take around 9-10 months and at that time there will be enough houses constructed there… and now the price of a plot plus construction will I guess take 85-90 lac now but after 10 months only plot will cost round 50-60 which is round 40 now i.e 4.44 marlas… another option is that I have a plot a Bahria Enclave, and if I construct a house there and only buy a plot in D-12… what do u say about the resale at Bahria Enclave.
I think the average rate for D-12 now is around 8 lac / marla and has been fairly stagnant. Many people including me consider it over-priced for the value.
And why am saying not to construct now because this sector has been delivered for quite some time now and yet no major construction has happened. Plus the availability of water and gas is very important before people think of constructing their houses. So to me, I don't think there will be a major construction in D-12 in next 12 months.
Bahria enclave has been discussed on this forum in detail. Its a remote society which will at least take 5 years to fully develop despite their big claims. Also getting NOC from CDA is important, which I think they will sooner or later, with their influence.
Overall I would suggest to construct house in D-12 and keep the plot in Bahria Encalve because in any case D-12 will be populated before Bahria enclave. And there is nothing in the immediate neighborhood of Enclave so will take more than normal time to be populated.
This is my personal analysis, please do necessary market research before making big decisions on your investment..
Dear MBS,
What would you suggest for someone having a plot in E-12. Should it be sold now or wait for an appropriate time? Thanks
Propects for E-12 are good and bad. E-12 when developed and populated will be an expensive sector, however in the meantime the prospects look bad as you don’t know how long it will take before it is developed by CDA, and tying your money down for such a long period where there will not be any development will be bad.
Thanks Arshad.
Depends upon your circumstances; if you need money OR you're there in Islamabad and can closely monitor property trends then sell it and put the money in more profitable options with efficient transactions.
If none of the above applies, then might as well keep it for at least a year. People expect property will take off if the government changes. It would be a better time to sell it then.
And anyway, the current rates are not so good unless you have bought it cheaper than the current prices and have got a profitable deal in your hands.
One more thing, no matter what option you take now, most of the properties are floating on their lowest prices and whoever is buying in this period of uncertainty is playing the gamble that government will be replaced with a better one. And we'll slice a high margin.
So if it happens, you will get your share anyway from the plot in E-12 coz historically, E-12 prices also rise to some extent in correlation with neighboring sectors.
Whichever government comes, the PPP has created much a mess that it will take a lot of hard work and time to stabilise the economic situation of Pakistan. Whilst the rich have looted the country the poor people will have to pay the price in the next few years.
@Arshad you're right it will take years to recover but there's one good thing about Pakistanis, with a littlest of hope, they become overly optimistic.
So if only Mr. Z's face is not there, people will take their shots.
I think most of the NRPs in mid-east are particularly interested in Pakistan real estate, may be for the fact that they is not going to get citizenship there anyway.
So I wonder each one of them would want to have a back up income source or at least a house in Pakistan.
Can any one guide me which is the best option for 30X60 size plot now a days for budget of 3 millions. I am thinking for I-11/2, E-12 and G-15. Can any one guide me in detail where should i go for investment?
Dear Brother Ejaz Ahmed,
If you need immediate construction or you want to construct home with in 2 years then G-15 is the only option in above mentioned 3 options as E-12 and I-11 both are non possession sectors.
However if you are investing for a long time and good return then E-12 is best option as whenever they will start development there prices will increase very rapidly but it depends on development work.
I-11 status is not v clear as there is no major signs of development. So G-15 and e-12 both are good options in above mentioned sectors.