DHA Multan,

---

Yesterday, I went to Multan to close a deal to buy 3 files (1 for me and 2 for my friends) in DHA Multan.

Learnt the following:
1- Multan's real estate business is not dead. People are very actively investing and the hot property nowadays there is wapda town 3 files which are of 5, 7, 10 and 20 marla. So much is the demand that they stay short in market.

2- wapda town phase 1 is considered to be a very posh society ( though I found it to be close to being pathetic for a society where 1 marl is between 7 to 9 lac)

3- Buch villas which is a very neatly developed society opposite BZU was a flop there as the developers some landlords did not have a good repute. Still kanal there was about 1 crore though no buying or selling.

4- the congested interior where streets are about 20 feet wide have plots none less than crore.

5- pillars are being raised on bosan road for metro. A very short distance ahead of metro last stop the gate of DHA Multan is being constructed.

6- VERY SAD PART that the land on which DHA Multan and wapda town 3 are to be raised... it's all mango farms rich with mango trees... very sad indeed

7- the market price of DHA Multan file price has gone down though it had once even touched 40lac in local market because of wapda town 3.

My personal analysis after the visit was that to pay crore for a any ordinary kanal plot is not a big deal for people of Multan but they do see the credibility of the builder. Though the price has gone down for DHA, even if it does not come up in short time, it will be crore plus once DHA phase 1 will be complete maybe in 6 to 7 years.

All info posted has been provided by dealers in Multan.
The final assessment is my personal thought.

Thanks