DHA Multan is Officially Launched

Yes, it is true! The long-awaited Defence Housing Authority' s (DHA) Multan Chapter is finally launched. The launching ceremony has already been held and the authority announced that people can start applying for their favourite plot category, on offer.

It has also been declared that authority will accept application forms that will be submitted before March 31, 2017. The balloting will be expected in a month or two after the completion of forms submission process. After that, the authority will disclose the map of authority within next four to five months.

Interested investors were excited about Multan chapter of Defence Housing Authority (DHA), as the rumours were being spread about it' s launch throughout 2016 – but none of them turned out to be true. Most of the professionals believed that Defence Housing Authority (DHA) will either delay or postpone the launch of its Multan chapter as the officials are more focused towards DHA Villas project in Bahawalpur – but even that proved to be untrue.

Currently, the authority is offering 5 marla, 8 marla, 10 marla, 1 kanal and 2 kanal residential plots and 4 marla and 8 marla plots in commercial category.

Payment plan for the above-mentioned plots category is as follows:

	Processing Fee   (Non-Refundable)	Total Price (Excluding Development Charges)	Down Payment 10% (Within 30 Days of Balloting)	12 Quarterly Instalments
Residential
5 Marla	Rs5,000	Rs2,000,000	Rs200,000	Rs150,000
8 Marla	Rs7,000	Rs3,000,000	Rs300,000	Rs225,000
10 Marla	Rs9,000	Rs3,500,000	Rs350,000	Rs262,500
1 Kanal	Rs11,000	Rs6,800,000	Rs680,000	Rs510,000
2 Kanal	Rs15,000	Rs13,000,000	Rs1,300,000	Rs975,000
Commercial
4 Marla	Rs15,000	Rs17,500,000	Rs1,750,000	Rs1,312,500
8 Marla	Rs20,000	Rs35,000,000	Rs3,500,000	Rs2,625,000

 

Asad Mirza, Director HomesPakistan, opined that DHA Multan is one of the best investment opportunities of the time in real estate sector. If you have small investment budget, you must go for 5 marla plots category as smaller plots mostly attract more numbers of investors and fetch handsome profit within short time.

Moreover, if you want to go for bigger plots categories, you must have hefty budget and patience to earn profit from these plots.