Please evaluate 8 marla commercial plot in awt located on street -1 in block e-8 .. Plot number like 517, 518, 533, 534 ..
What is current price?
What are future prospects in 1 -2 year time?
@MUH price of these plots is presently in range of 5.5-6 million. If you can hold for 2 years it will give excellent return. Just think, it is a commercial plot practically on motorway. Sir ye plot 1 crore cross karega within this time IA. Btw if you want to sell please email me the details as I might buy it for myself, but my brotherly advice to you is if you can hold it, Don’t sell it.
@ZG. In my opinion the price you have quoted is on the higher side. I am sure these plots are worth less than 50 lakhs right now because they are located in E block, not D or for that matter B block. E block commercial area in markaz is not entirely leveled, specially the part facing D block. It is a rising slope, and in some places quite steep. That is why its price is a little less. My estimate will be around 45 lakhs max.
But yes, when the prices in markaz will rise, its prices will also gain appreciably.
Dear ZG & Kashif Sb.,,
Thanks for brotherly advice .. In fact I was looking to buy one but the price property dealer is asking is way higher like 9 Mio. I am new to property world so thanks for guidance ..
@MUH. If he is asking for 9 million then you should contact local police to check on his criminal record! What Kashif sb is saying maybe correct because price of these commercials swings a lot, but 9 million at this stage is ridiculous. It would take a year at least for prices to get there.