Monday, July 17, 2017 04:15 AM Reply:
I would like experts here to forecast the estimated price of DHA multan 5M after 3 years installment completion.
One opinion is that since Wapda Town and Model Town are only 2 good societies in Multan, the inclusion of DHA is a good prospect and the ROI will be good. Some say it can exceed 40 lac after 3 years.
Second opinion is that since Multan is not as big city as Lahore, the ROI will not be that much. People say it will be in the rang of 30 lac after 3 years.
Please comment on the above scenario.
ShahzadQamar® replied on Monday, July 17, 2017 04:25 AM
Akif, below is what I posted 3 weeks back (Note: you have to add development charges still to installment rates ~ 10 lac for 5m & ~ 20 lac for 1 kanal):
According to my analysis, DHA multan installment options (almost all of those) will not give a handsome return in future because DHA multan management has very intelligently launched the installment values at maximum possible limits.The size of the project is huge, and will not be even 50% populated in next 10-15 years. The true present value of 5marla is 20 lakh and 1 kanal in 60 lakh. So after installments are completed, 5 marla would be at 25-28 lakh and 1 kanal would be at 76-80 lakh that is already almost the launch price + ongoing own. In 10 years time, 5 marla would be at 60, 1 kanal at 165-170 including development charges.
Fed up replied on Monday, July 17, 2017 04:58 AM
Hayeeee shahzad you have no other job to do except beating the drum of Dha multan that its a bad investment. Face book par bhi lagay huway ho idher bhi bhai if it is that bad why are you so concerned about it??
Akif Khan replied on Monday, July 17, 2017 05:28 AM
Does anyone have any idea about the rates of 5M plots in Wapda Town and Model Town since these are the only two names that can compete DHA in Multan ???
ShahzadQamar® replied on Monday, July 17, 2017 05:54 AM
Fed up bhaii 30 ka 60 honay ka matlab bad investment hota hey kaya? I am just giving true picture so that any innocent investor might not get rosy dreams of extra ordinary earnings. and by the way, nobody taught you any ethics--- ever?
Fed up replied on Monday, July 17, 2017 06:02 AM
Nahe ab ap he sikha daywain
Multan replied on Monday, July 17, 2017 11:51 AM
ShazadQamar was leading Census project and he has all number when this DHA Multan will be populated , he is also one in loser in installment ballot of DHA Multan.
investor replied on Monday, July 17, 2017 12:06 PM
DHA multan is a very lucrative and safe investment in multan for residential and commercial. Please remember demand and supply. Lahore is big but supply is more too. Multan is small but supply options are less too. Dynamics of multan are much better than bahawalpur gujranwala etc which are doing good in their segments. Rumours are that 27000 residential plots are available in phase 1 dha multan for which only 450 commercial plots are available. Plot no balloting soon rumours are also being heard. for installment plots wait till transfer is open. Good luck.
M Ali replied on Monday, July 17, 2017 04:46 PM
ShahzadQamar misled people before Prism balloting. I warned about this guy few days ago. Once again after a period of several months he has resurfaced. Beware guys.
ShahzadQamar® replied on Tuesday, July 18, 2017 01:36 AM
MAli, Multan, Fedup, bhaii naam badalnay say kuch nehee milay ga IP same hey. Kaam badlo apnay. Register ID say post kia karo openly khulay dil k sath with all your views & data to benefit people over here, not to just counter my remarks.
Nabeel® replied on Tuesday, July 18, 2017 09:20 AM
I can give you some benchmark figures, you can make up your mind:
Wapda, 1 Kanal average plot 2 crore
Wapda, 1 Kanal good plot 2.4 crore
Looking at above price, DHA Multan Installment of 1 Kanal of 68+ 20 development+ 5 own = 93 lakhs to be paid over 5 years also looks good.
-Avoid people who pull numbers out of their back end, or dream them up.
-Always compare with benchmarks figures of best society in the city.
ShahzadQamar® replied on Tuesday, July 18, 2017 10:01 AM
Nabeel the prices of wapda you are referring are for totally populated area. Wapda -1 & 2 average location rate is ~1.5-1.6 crore. Wapda-3 is 32 lac only. Wapda 1-2 is less than 2000 acre, DHA multan phase 1 is 6000 acres (3 times bigger) and 2000 acre of phase-2 will also come in due time.
DHA multan would not be at Wapda-1 population stage in 10 years time and supply would be more due to larger size of project. Therefore 170 of 1Kanal is forecasted.