Property worth 50m for rental income? Cautious investment.

Hello everyone,

My father recently retired and sold his only property in Lahore because he wants to reinvest the funds closer to where we are. Also, that was giving a return of like 100k per month only

He has a budget of around PKR 50 million and is primarily looking for an investment in Bahria Town or DHA.

The main objective is to generate rental income, while also keeping the option open for us to move into the property ourselves in the future if needed.

I'd really appreciate any advice on:

Which areas or phases would be the safest and most sensible investment?

What kind of monthly rental income can we realistically expect with this budget?

Are there any locations, projects, or types of properties we should avoid?

My father has unfortunately lost around PKR 7 million to scams in the past, something I only found out recently. This is the first time he's asked for my opinion before making an investment, so I want to help him make a well nformed and secure decision.

Any genuine advice or recommendations would be greatly appreciated. Thank you!