For a salried person who can save around 30 thousands per month can build/buy home in lahore? It seems like property mafia is using land for investments and the needy people like me can never buy/build a home. Any suggestions???
Find 2 other such people who have saving of 30000 monthly. Add your money with those 2 people and it will become 90,000 monthly.
now start doing business of buying and selling plots on installments basis … Mean buy one file on installments with quarterly installment of 250000 or so. Keep rotating you money and after 6-10 transactions you might earn profit and this will lead you to your separate plot in few years.
i hope you understand my point.
Asif sb has really pointed towards a very concerning point as it is not only the matter of increasing realty prices rather it also points out at falling income levels for most of the Pakistanis because of unfavorable conditions.
@li - I checked the file based transactions of property is not Halal in Islam.
I am still waiting for the answers
Asif,
I am also in process of building a house and know how hard and impossible it has become for anyone to build house with halal earnings. Thanks to people running this country and their supporters in every sector of economy.
Pray that some good news come on 20th from SC on Panama case and someone competent become our PM who fight for the rights of poor awaam instead of filthy property mafia and corporate greed holding everyone hostage right now.
Asif sb
Do you own a plot and need to build for 30K per month or no plot?
It’s really difficult for a salary / low income person to built a house in current situation. This is because of corruption in all sector of life and no justice. Even a poor person can’t get justice in our country, everything for rich & power people. But if you think, this is because of corrupt politicians & the people who select them. If you talk with people about corruption they think it’s not their issue actually indirectly it effect poor people. I pray also for good news on 20th April, But if I see history of judiciary & their decision I don’t have any hope even on upcoming decision. Pray to Allah Subhan Tallah for good.
I don’t own a plot.
Asif sb, may Allah SWT be with you and help you in getting a home for your children.
Regards
Dear Asif, my experience
You can buy a plot for what ever money is available with you. It may be 10-15 lacks, a 5 marla plot. It may be away from lahore main locations but if u search it, you will get it.
Even in Isb, we can get a 3 marls plot ( near Farash) with 15 lacks. So i am sure u will also get it in Lahore.
Start building on it, even with small amount and i beleave in 4-5 years you will have a house.
Many of my friends have taken loan from Mezan bank for a constructed house. You can also try that.
What do you mean by good decision from judiary