Dear friends,
I need advice regarding the market trends in this phase. Currently, I am interested in investing in a 8 Marla plot in Phase 1.
I have gone through many forums here and heard this phase is good for short term investment as rates are increasing nowadays.
Can you kindly guide me on this trend and for how long are the rates expected to appreciate.
Regards.
Land of Jinnah Garden Phase 1 is good the issue is only link to G.T road.
They have three options:
Option 1: Through Navel Encourage which is now closed by
Navel Encourage Management
Option 2: Beside Havelly, which may be the land of Railway
or Janglaat as some discussions are there in the
Jinaah Market (may not be the part of Jinnah
Garden in future)
Option 3: Through Capital Enclave (Which again dependant
upon Capital Enclave
Other issue inthese days there is some hundreds Kanal land which is developed by Jinnah Garden Phase 1 Management and it belongs to Railway and Janglaat and some news I read on Zameen.com that FIA is investigating some issues of Jinnah Garden Phase 1, so think and verify 200 times before purchasing any property here. Consult some locals and seniors on this forum may be my information not 100% correct, I share the info which I have from different sources
What about jinnah garden phase 2?
@Rehman
Dear Rehman. Thx for the update. As far as i know both Phase1 and Phase2 have not obtained the CDA NOC so given as per your statement i think in the long run the society would not have a good future.
However, given the current demand and supply, prices are rising in the short term so don't you think from the perspective of short term one can get good gains.
Like an 8 marla plot costing now say 23 lac approx would return 30 lac approx in say 3-4 months. This is just a speculation however i am not sure about this.
its just like that of DHA 2 ext where files an year back costed approx 14 lac but now are trading in at 26 lac on avg given the fact that there is no scope of DHA 2 Ext as of now.