State life society phase 1 5 marla house

Is it a good idea to buy 5 marla house in state life society phase 1 for 8 million? What are the future prospects of this society?Is it good for living (in terms of gas electricity roads and other facilities)?What is rental value of 5 marla house in this society in case i want to buy and give on rent?

I think that plot prices for 5 marla are above 30 lacs. I saw a house last year selling for around 65-70 lacs. There was electricity problem in the area but I think that has been sorted out now. There is no problem with gas or water.