DHA Multan - A Good Choice For Investors?

DHA Multan has always been the important part of the discussion in the real estate sector.

DHA Authority is keen on opening DHA chapters in key cities with the objective of fulfilling the welfare obligations. DHA Multan, a project of DHA Lahore was launched on 4th March 2017.

DHA Multan will be the role model for all other housing societies with assorted housing portfolio for people with reasonable and low-income levels. DHA Multan has an aim of pioneering planning, infrastructural stamp, and art development.

Few amenities like Golf and Country club, community clubs, gym, theme parks, glorious mosque, and education city are in the conduit. These factors will make every resident enjoy fully with these facilities.

5-Marla, 8-Marla, 10-Marla, 1-Kanal and 2-Kanal residential plots were offered to purchase. Moreover, 4-Marla and 8-Marla commercial plots were also announced. The last date for submission of application was 31st March 2017.

Details of Balloting: Your Way to Success:

The balloting date was finalized on 31st May 2017. The report was prepared by using software including random numbers for the allotters. According to some news, the result will be available on the website. Many applicants have experienced a delay in the process of allotment.

9800 plots were allotted to their owners in the initial ballot.

Here you go for further price details by DHA Multan website:

Number Of Residential Plots On Offer:

5-Marla: 4700

8-Marla: 2050

10-Marla: 1800

1-Kanal: 500

2-Kanal: 300

Number Of Commercial Plots On Offer:

4-Marla: 300

8-Marla: 150

Increase In Price After Balloting:

Here is the price estimate which has increased to 15% approximately after balloting. Below table shows the change from December 2016 to August 2017.

5-Marla: PKR 20 lac in December 2016 and PKR 23 lac in August 2017 (15% increase)

8-Marla: PKR 27 lac in December 2016 and PKR 31 lac in August 2017 (15% increase)

10-Marla: PKR 35 lac in December 2016 and PKR 41 lac in August 2017 (17% increase)

1-Kanal: PKR 50 lac in December 2016 and PKR 54 lac in August 2017 (8% increase)

2-Kanal: PKR 80 lac in December 2016 and PKR 85 lac in August 2017 (6% increase)

Conclusion:

Many people are in doubt due to delay in the result posting. The reason behind it was the usage of glitch and software for the display of results.

We recommend you to go for the plot in DHA Multan on a short-term notice without any delay. If you are interested then you should not wait.

If you are a seller, then you should also sell it quickly without wasting your time because you will get a high return now rather than waiting for long term.