Aoa All,
I am planning to buy an apartment in the budget of 60 lakhs (Islamabad). I am thinking about life style Residencia (G-13 Isb) a C-type apartment but the project is delayed a lot. The possession is expected next December 2022 (Who knows 
) but the area is looking good and might be good for future investment . What can you suggest/recommend in this budget or whatelse should be considered?
Thank you in advance …
Thank you for your message. It’s in Islamabad as edited now.
Have you checked Zarkon Heights in G-15?
I think G13 is better than G15 and Zarkon price for 1 room apartment is over 65
Apartments that will offer one of the best lifestyle (considering the pricing) in ISB are ones in Gulberg Greens
Apartments with good growth and appreciation for next few years, Top City
Bahria phase 1-6 , civic center apartment can be explored as well. My experience with renters & rents is very good.
But remember flats do not appreciate at all places even if rental potential is good. In fact some places they are not investment but become a liability if got old…
Thank you Imtiaz bhai, what do you think about G13/1 life style residencia appreciation in future?
Thank you Qayyum sb. Can you recommned something in G sector isb sector in this price?
Gs are generally good for rental yield.
In apartments, the trick is, if one is only into investment:
Do you refer to samama or any specific apartments?
Any apartment project, except for ones in KHI. Unlike rest, apartment projects in KHI are quite hot assets
I just checked and 2 bed apartments are not less than 80 lakhs
The actual point:
For example:
Pay 80 lakh as lump sum and pay 80 lakh in installments are two different things.
At very minimum consider a 10% discount is always there for lumpsum and even more for projects at pre-launch.
At premium locations, average projects will have a booking rate of 10000 approx per square feet but it can be negotiated to 8500 something like that.
Can you share what exactly you look for:
Will help to be more precise.
Thnx Imtiaz bhai,
I have 60 lakhs at the moment. I am looking for both (lump sum or installments) opportunities but the delays in projects in Pakistan are very obvious. So i will looking for something like to put the money i have and the rest may be on installments if not/or possessionable.
It should be for investment and rental yield, but m not going to rent it out permanantly as i might it use it self when i come to Pakistan.
I am out of Pakistan and it’s difficult to find out good project as much difference to look in person and on map.
In my view, Gulberg Greens will fit well.
Yes, in apartments projects growth is less than plot based investments. Combining the overall equation: in 7 - 8 Million:
Good Place for Rent + Personal Use Occasionally + Growth
for me, apartments in Gulberg Greens fit the bill. Other valuable contributors can add to that. Try to go for 1 bed apartment, these are generally good in terms of growth and rent, something like under 650 to 700 sq. ft in bracket under 5.0 to 5.5 million.
Yes, RE developers are rarely trustable with their delivery but in general, at these top locations like Gs, Gulberg, DHs etc. there are big players abd their delivery record is good.
In Gulberg, don’t go for ones on main road, they are too crowded and expensive, find the ones on blocks that are a few KM away from main commercial
For good appreciation may be try offices or shops, residential flats may not appreciate that well compared to offices or shops.
Imtiaz bhai the one on main road, can they also be utilized for office purposes, I am looking for an office space for my own IT company, I will not handle local clients, but my employees (10-20) will be there. I am also looking for 500-600 sq ft space.
Brother, the ones on main commercial are expesnive and too croded with lots of dealership on ground portions. They suit best for front facing, customer intercating businesses like Banks, Dealers, Travel Agents etc.
The ones, lets say in Business Square are more economical and far better value for money. I think if a business like you mentioned (IT company etc.) dont have much commercial activity, an apartment can be used.
However, here is the thing. Apartment costs more to be built, i.e., kitchen fitting, more fancy tiling and seperations. Offices and shops require less material compared to apartment but shops and offices are sometimes 4x the price of apartment.
Developer who provide services (security, cleaning etc.) would never want apartment bought at 1/4 price of commercial to be used as commercial, it will devalue their commercials. Many owners dont mind that, once project sold, so it depends frlom developer to developer. As far as quiet business with not much movements should be Ok,
Also it depends, some families in residential apartments might argue on people/teenagers going in and out of apartment next to them frequently (like a usual SME setup)
Bhai, sometimes commercial is way too expensive, i.e., generally 3+ to 4x to the price of apartments and unless the commercial is centralised like CDA Markaz, Civic Center in BT, many of these commercial shops and offices often get devalued in terms of price and rental yield.