Please let me know is it worth to invest in PECHS and ministry of commerce both societies are opposite to each other. I booked a plot of 5 Marla in m-block PECHS with respect to opening of new airport. Also i am old member of ministry of commerce from last 25 years and now they are asking me to deposit rs 8 lac for one Kanal of plot as development charges. I am not sure if it is worth it to invest. Please through light on both the projects and what kind of potential these project have in near future.
Assalam o alaikum,
Sir, I guess you should pay the instalment, but before that figure out the status of development in the the locality and since you are an old member of pechs, you may be able to get internal information about the possession.
But on the whole, dont miss a plot 1-kanal.
Regards, z@in N@deem
Are they just asking you for 8 lakhs for development and then its just it? i Mean you don’t have to pay more than that? Because if 8 Lakh is all you gotta pay then i must say that you are never going to get a 1 kanal plot at such a low price these days. Provided the society is within Lahore
Hold Sir,
You should do more research on it because no matter how devalue the rupee may get, 8 lac will still be a big amount. There are few guys active on forum who primarily deal in Islamabad's property sector and have tons of knowledge in this regard. You can also contact them in person. Syed Ibrahim and PK1 can give you better insight into what you should do in this regard.
I hope they will attend to this thread on their own but if they don't, you should contact them personally by visiting their profile page on the forum.
Have a good day and safe time investing in the property market.
Regards
Samra Zulfiqar
Investing in PECHS will give u good return. Just buy 1 kanal plot in sectors B.C.D or H. Give it two years time and it will give you very high profit.
Thank you every one for your quick response and comments. I am sorry I didn’t mention that these plot under discussion are located in Islamabad/Rawalpindi near new Benazir International airport.
Samra Zulfiqar, can you give me the mobile# of Syed Ibrahim and pk1 or their addresses. Thank you.
Syed Ibrahim : 0300-5168928