The price of a 1-kanal plot in E-16 (Cabinet Division), Islamabad, for around 95 lac PKR seems reasonable, depending on the specific location and development status within the sector. E-16 is a developing sector in the capital, with its appeal growing due to its proximity to the Motorway, GT Road, and other amenities.
Factors to consider before purchasing:
1. Development Status: Check if the area has basic utilities like electricity, water, and gas.
2. Legal Documentation: Verify the plot's ownership and clearance from the Capital Development Authority (CDA) or other relevant authorities.
3. Surrounding Area: Proximity to schools, hospitals, parks, and commercial areas can increase the plot's value over time.
4. Investment Purpose: If you're investing for future gains, assess the sector's expected growth and infrastructure plans.
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