Is invsetment in fazaia tarnol a good imvestment?What is the likely timeframe and expected rate of return keeping in view proximity and impact of new airport?
Yes any one please...also if compare it with nearby societies interm on investment such as PAF, F-17,pechs
Thanks and Regards,
waqas
Its a useless investment.
@Saadi brother very big no from your side ,why?
when ppl can put hope in empty fields ,then whats the problem with PAF TARNOL ,this place is having houses built ,security plus calm and peace ,well organized......i mean many positives compared to grazing ground societies sir.
Its an excellent investment. The rates of 10 marla plots have increased a lot for the last two years. I remember two years back the cost of 10 marla was 16 lacs, last year it was 20 lacs and now reached to near 30 lacs. Completely developed society with good security measures. Located on Main Fatehjang road and adjacent to Motorway interchange.
@ YAsir 2..How many plots you want of 10 marla for approx 20 lacs??There is no plot of 30 lacs at that place for 10 marla.I also have 1 kanal for sale in C block of my relative and i didnt get a single offer for last 3 months and plot is not that bad.My friend has a plot for there for last 6 months and he is also annoyed of this plot because dealers are offering him peanuts for that plot and his plot is at one of the best locations at B block.I can provide you plots and if you are able to sell it at good prices,i am willing to pay you 2% commission.F-17 is much better than this one.
@ DK..Sir airforce have no funds to develop the scheme and it is in this condition for last 12 to 13 years.Its a dead investment.Even sewerage pipelines are not laid in the society and society was launched many years back so you can understand the pace of work.Also they are demanding more charges for development and a single allotte is not willing to give them a single rupee. Just go and check that how many houses are constructed in the last decade??I think not even 50 to 60 houses are constructed for last 10 years..
My sister and brother in law also had the plot since the society was started. I think it was announced in late 90's if my memory is right. Price increase even doesn't justify exchange rates.
I agree with Saadi.
Thanks Saadi bhai
Welcome anytime sir.Btw prices are not double of what they were back in 2003-04 so you can imagine the trend of investment there.
I am totally agree with SAADI bahi.
Regards