Dear Brother(s)
I have 10 Marla plot in Z3 IVY Green DHA Lahore. I bought it almost two years ago with total cost of 71 Lakhs (inclusive of all payments). The price of the plot is either little lesser or at the best the same. I have around 3.0/- Mn cash with me. With this background, the scenario is, I am thinking to make better investment for year plus minus. I discussed it with different real estate experts and sought their valuable views, option are as under :-
Option – 1. I may consider disposing off 10 Marla Z3 Plot and add my 3.0/- Mn into the received amount. Thereby having a total of approximately 10.0 Mn. I should investment in DHA Multan and buy 2 x 1 Kanal files. I was told it may give me 1.0/- Mn profit on single file (total 2.0/- Mn) within a year’s time frame.
Option – 2. I should add 1.0/- Mn (which I can after 2 months, lets say by Jan 2019), thereby making total of amount 1 Crore 1O Lakhs (10.1/- Mn) and consider buying 1 Kanal Residential Plot in Prism – 9 and should wait for 3 years to get substantial returns on my investment. Return in the range of around 3.0/- Mn.
Option – 3. I shall wait and not sell of Z3 10 Marla plot as the development is in progress and I may get some profit after 1 year time. The profit in the range of 2.0/-Mn.
Above are 3 x options suggested to me by different real estate experts. I request to kindly give your valuable and brotherly recommendations, what option is more feasible for me. Thanks in anticipation.