What is the best and secure option for investment in islamabad for 1-2 years. My consideration are buying two plots in cda sectors, 1 in i-14 for 45-50 lac and 2nd is i-11, 25x40 plot in 50-55 lac. What you guys suggest. And what other secure options i can check.
There are many options but as far as proper CDA sectors only. Following is my pick.
- I-15, E-12, I-12 (3+ yrs investment)
- I-14, I-16 (short term investment and long term liveability)
Go for undeveloped area where price already corrected if you want to invest in property.do not buy where prices are high artifically.
Apart from CDA sectors, buy a one kanal in BT phase-8 in P or any other possession plot near RRR.
So is this the right time for purchasing or should wait for some time may be 2-3 months, as there is so much uncertainty in market.
I would park 50 lac in National Savings. 25 lac in Gold and 25 lac in dollars.
Already struggling property market is headed for a collapse. It is written all over the wall. With such high prices, no Chinese businessman will come here and start any business. So this will be done to pave the way for foreign investments to come-in to Pakistan.
Clearly, government doesn't care about property market at all. They are doing anything and everything just to bring-in foreign investments.
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National Savings?