I have actually grown up in Cantt living environments. Now I am at a stage where I need to buy house or piece of 1 Kanal residential land and settle down with my family. My plan is to actually buy the house or plot by the mid or end of next year. I have invested around 140 lac in residential plot of block W of DHA Phase 8 with a view to get better return of my money and can buy in Cantt or Cavalry Ground. Any advise or recommendations for me.
Thanks
IF you have invested so much amount already in phase 8 W block.. Then why not wait and give it a proper time to ripe fully... If you are in a hurry to get you house by next year ... Adn that plot is your only savings for that... Then you should either sell it now and invest it somewhere else for a short term... So that with in a year you will be in position to get out of it easily and with some expected returns also...
Phse-8 is ideal investment but considerable returns are expected not before mid 2016 i would say.
If you want to live there for your own then you should get design it and construct as per your desires and immeginations.
You have to decide weather you can live with compromises or get design and construct to live in peace of mind
Rest decision is yours.
Stay Blesses
dSA
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Dear Shoaib Sahib,
Thanks so much for your time and valuable guidance. I deeply appreciate it. I am not in hurry and can wait till mid of 2016. Can you kindly guide me on following aspects:-
1) Are we expecting possession of Phase - 8 of DHA Lahore by mid of 2016?
2) Is there yet a better option for short term investment in comparison to DHA Phase - 8.
Thanks DSA for your time and valuable advice too.
Stay blessed always.
Yes it can be expected that phase-8(esp. W- block) possession can happen sometime around 2016... Rest Allah know the best about future.
If you can easily wait till 2016 then no point in discussing other options. Keep you ACE safe in your hand till the right moment...
In simple there is nothing else better to me than what you have currently.
Dear Shoaib Sahib,
Once again thanks so much. I am convinced and will try to retain the plot. And thanks for encouragement about my investment in Phase - 8.
Stay blessed always.