Can anybody plz let me know the price of shops in blue area,it has been notified to me ,,the specification of the unit is :
: 3 shops i.E ,ground floor,basement and 1st floor .All these shops are called as a unit and the location of this unit is on the back side of the blue area ,i.E near the geo office where the generator is placed.
The siza of the shops are 10 feet front and 25 feet in depth.Currently all 3 shops are yielding 1 lacs monthly rent .
What should be the price of whole unit
Regards
Any one
Unfortunately the rental is too low in islamabad to match with property price. If a shop is earning 1 lac rent then it would mean its price is 1 crore but most shops having the value of above 2 crore earn less than 1 lac as rental.
normally a 1 or 2 marla good location ground floor shop would cost around 2 crore. However, its better to ask a local dealer to guide u better as prices maybe different due to location.
mezzanine and basements are usually lower in value compared to ground shops