Aoa dear brothers. I hope all of you are in best of your health and spirits.
I'm a government servant. I've been saving since long and have kept my savings in an islamic bank. I don't take any interest on it but in the longer run, it has affected me in terms of money value depreciation and inflation.
I want to invest in bahria town / dha, but i have heard it's not good for mid / long term (5-8 years or more), since they charge you "non utilization charges" ( if one doesn't construct house on its plot). Kindly give you valuable feedback + any alternative if it's true. Thanks.
Non -Utilization charges are nothing compared to value gain.
For example in DHA, charges are Rs. 20000 only for one year. So after 5 years only 1 lakh is payable. Where as your property value might double during this time.
Rs. 20000 for 1 Kanal.
Less for smaller plots