50 Lacs to invest in Karachi

Is it better to buy one expensive plot (or flat or house) in an expensive area or is it better to buy a few plots (or flats or houses) in not so expensive areas?

I know someone here in the U.S.A who just bought 3 flats for 8 Lacs, 18 Lacs and 22 Lacs respectively. But then I also know someone who bought a single flat in clifton for 80 lacs.

Re: 50 Lacs to invest in Karachi

you cant find no expensive plot in karachi for 50 lacks.

were you want to invest is up to you but remember the move you invest the more return you get/.

Re: 50 Lacs to invest in Karachi

Obviously, if the rate of return in constant…

Re: 50 Lacs to invest in Karachi

buy shops and put them on rent

Re: 50 Lacs to invest in Karachi

why not buy a shop and open a lusi hotel

Re: 50 Lacs to invest in Karachi

Where in the Karachi you can buy an Apt for 8 lacs? No seriously, I my self is interested in buying something decent. Can you post the location where your friend bought the apt?

Re: 50 Lacs to invest in Karachi

Assalam Aleekum
Clifton me prices down hue he b/c of the tremors/after shocks.
And check this by 40%. And some appt complexes have been vacated
by residents.

take care

Re: 50 Lacs to invest in Karachi

Buy 1 plot at a better location .It will serve the same or maybe more than what u expect.

Re: 50 Lacs to invest in Karachi

Dont. Rents for commercial properties are not worth the hassle. Also with the trader mafia, it is next to impossible to get your shop vacated, unless you pay him a hefty sum in what is called goodwill.

Re: 50 Lacs to invest in Karachi

ashtray for some reason this is true.

Re: 50 Lacs to invest in Karachi

:cb: how about starting an escort servie:cb:
sowwy, btw buying a single plot is better.

Re: 50 Lacs to invest in Karachi

are you in Karachi? we can seriously consider this. :slight_smile:

Re: 50 Lacs to invest in Karachi

Better location in Pakistan? After continuous aftershocks of earthquake, is there such a thing?

Re: 50 Lacs to invest in Karachi

no asif u'm not in karachi but consider urself hired :)

Re: 50 Lacs to invest in Karachi

^^^

:hehe:

Re: 50 Lacs to invest in Karachi

YOwish

Re: 50 Lacs to invest in Karachi

Please guys, please do not mention 'lacs' and 'crores' when talking in English. It's either 'hundred thousands' or 'millions'.

It seems laughable, you know. :D

Re: 50 Lacs to invest in Karachi

^ no it doesn't

Re: 50 Lacs to invest in Karachi

:rotfl:

Re: 50 Lacs to invest in Karachi

isn't it spelt lakh?