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this is my first write to any forum.I select zameen bcoz of its reputation in market.So,to short my q.I have two plots (10m)in bahria enclave and both have 16m market value.I want to start my house construction so that to get some profit and start this as my future bsns to learn trade of bsns.Plz advice how i can start as i am very new in construction filed.In be house of 10marla price is 25 to 27m .Or what other options to start my bsns.
This is a tough business with profits narrowing down on daily basis.
read through the articles and you would have a very good idea.
Ht SB…Sir don’t u think it is the only business left in Pakistan with some good margins otherwise businesses except construction and real estate are really suffering with very little or no margins left.Secondly don’t u think it is a matter of time only and real estate an construction would get better after sometime when the market would get immune to the new taxation measures?
AOA, SAADI BHAI
Yes it is the only business left. Every one is making a move in construction business. Too much competition. The problem is that if the price of your land depreciate than you will have very nominal profit. Sometimes you can get stuck in a property. If you have the holding power than its a winner in every scenario.
Wasalam sir…Sir i share the same views but land prices usually don’t depreciate in the area here construction activity is going on except some special circumstances.It means that real estate is the only business left in Pakistan but in this business, you are right, holding power surely matters. Sir can you plz explain how the competition is growing? I don’t think so construction is everyone’s cup of tea because it needs extensive capital plus expertise.