I am planning to buy a house with around 7 million. So far not able to find any good option. On the other hand, i am seeing prices of plots are increasing very sharply in last one year. Especially rahbar 5 marla increase 24-28 to 34-38 and lake city and orchard etc.
Now i need a sincere advice to invest half of my money i.E. 3.5 million for 1 year for a good return right now. After which i will try again to buy a house for my family.
The other half of money is in the form of plot in small colony which will not be sold out quickly and may take 1-2 moths and i think prices will keep on increasing and will go out of my reach. For example sui-gas2 which is touching 45-50 was in my budget 6 months back. Please advice special request to cmy sb as i am big fan of him.
Regards,
Thanks.
Ahmad, I can see where you are trying to get with that plan. I hope you succeed inshaAllah.
Why don't you also consider simply buying a plot in Bahria Phase IV; it is available on instalments. With the balance of the money do any investment that you can encash easily. After you have paid the instalments by then development will be complete. You can pull out the other investment and build a house inshaAllah.
Regards,
Ahmad, interesting situation bro that almost all of us are in who can not keep pace with increasing property prices. Your best bet is to "freeze" this inflation by buying a plot first. Then construction time will be in your control as per your pocket.
This is an accelerating train, if you keep waiting you will never catch it. So jump and put your foot in, you will eventually find a seat.
I am sure CMY will have better suggestion.