Dear all,
I am new to real estate though it is quite appealing area. Though i learnt a lot from many experts from here, ibrahim saab, sheikh saab, pk1, khan saab, mbs and many more...A big thanks!
I want to invest short term 1-2 yrs. The idea (may be a visionary rather realistic) is i will buy plot in 1.5 millions and sell it around double in max two yrs. I need that money for home construction afterwards
(i already got plot for construction).
Thanks a lot,
Keep sharing!
--dr. M!
Firstly, Dr Musi thank you for the appreciation. I am no expert, I am just an investor just like yourself and I have learnt a lot myself and share my experiences and news that I discover.
With your budget its difficult to buy anything that can double in such small amount of time. The only places that this maybe possible is either societies near the new airport or b-17 multi. However, you will need to increase your budget for multi. Multi residencia maybe an option but no way short term investment.
Therefore, if I were you, check and investigate Mumtaz City, Top City and PECHS, as soon as airport road access gets underway of construction prices will rise and then when airort becomes functional prices will become higher. This is likely to happen within your stated time period of around 9-24 months...you should gain decent profit by then Insha Allah.
Top City 1, 10 marla plot in F block, you will get that in 10-10/5 Lac with 500000 in installments quarterly, as soon as airport starts functioning or gets the access road which has to pass through Top City for sure, prices will double in the time frame you gave.
Thanks Dr. Musi:
I would agree with option of Top City1.
Another option could be purchasing two files in Faisal Town, which I think will give u good profit in few months.
AWT also has good growth chances due to development of Interchange.
Thanks