Plots are considered one of the most affordable investments in Real estate. You will find plots for sale in different sizes in all housing societies. 10 Marla plots are considered the most popular investment for average size families.
In Pakistan, most families live in joint families, and 10 Marla houses can be home to these families with ease. In almost every housing society in Islamabad, Rawalpindi and Lahore, you can find an option to invest in 10 Marla plots. Here is all you should know about 10 Marla plots
Size of 10 Marla plot:
The size of10 Marla plot is equal to 2250 square feet. However, it varies in different areas and housing societies; for instance, in Bahria Town, the size of 10 Marla plots is equal to 30 x 75 from Phase 1 to 7, and in the rest of the project, it is 35 x 70.
Cost of Construction:
10-Marla house construction is considered economical and budget-friendly. The total construction cost of a gray structure of 10Marla is approximately 43 to 48 Lacs in 2021. The foundation of the house cost around 1 Lac only. The cost of construction is counted according to the cost of the material used in its construction. The 10 Marla plot can house the average family size with sound construction.
Price trend in the Market:
- The price of the 10 Marla plot is different according to housing societies and areas. For instance;
- 10 Marla plot for the sale in Bahria Town price range is from 45 Lacs to 2.5 crores.
- Likewise, in Gulberg Islamabad, the prices range is between 40 Lacs to 1.5 Crore.
- If you are looking for future investments and construct a house after a few years, you can invest in approved developing housing societies like Capital Smart City, where the prices of 10 Marla plot starts from 20 Lacs. Likewise, in Park View City, the prices start from 90Lacs.
Why invest in 10 Marla plots for sale?
- The 10 Marla plot is an excellent choice for average-sized and joint families. If you buy a 10 Marla plot, you do not need to move to the next place when the size of the family increases. It is like preparing in advance and saving lots of future hassle, time and money.
- If you are looking forward to building a home office, you can easily construct and dedicate a room to your house.
- 10 Marla plot will make more room to breathe and you can leave space for ventilation.
- While living in a joint family, you will need more space for storage, and 10 Marla plots will provide you with that.
- You will live in comfort with your family, and in case you are planning to sell it, you will get a higher sale price. For example, a 10 Marla house will be comprised of more bathrooms and bedrooms, increasing the value of the property.
