Recently, DHA Multan introduced additional development charges that have raised concerns among potential buyers. However, despite these fees, the market remains stable, presenting opportunities for investors.
Impact of Additional Development Charges: The charges have not significantly impacted property prices in DHA Multan. The cost of land in Multan remains the primary factor in pricing. Therefore, buyers can still expect to purchase plots at reasonable prices.
Buying Strategies for Buyers: Amidst these market conditions, buyers are encouraged to take advantage of the following strategies:
- Conduct Thorough Research: Conduct thorough research and compare prices in various sectors before deciding.
- Consider Possession Sectors: Focus on purchasing plots in possession sectors, which typically have higher prices than non-possession sectors.
- Ignore Development Charges: When considering prices, disregard the additional development charges and focus on the overall cost of land.
Market Outlook: The market in DHA Multan is expected to experience price increases shortly due to the following factors:
- Current prices are at their lowest, comparable to 2017-18 similar.
- Prices in other societies in Lahore are significantly higher than in DHA Multan.
- The government’s focus on infrastructure development will drive demand and increase prices.
Conclusion: Despite the additional development charges, DHA Multan remains an attractive buyer investment destination. By following the suggested strategies, investors can capitalize on the current market conditions and secure their desired properties at favorable prices.
by Azan Maqsood
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