Saturday, August 12, 2017 05:41 PM Reply:
What may be the expected time of ballotting of dha multan and what price of cash file of one kanal may be expected at the time of ballotting. Thanks.
Mubeen Asghar replied on Sunday, August 13, 2017 02:04 AM
Asslam a alaikum,
Most probably in next year it would have a balloting, you can expect that it would be near 60 Lacs at the time of balloting.
Lahore Real Estate
ShahzadQamar® replied on Sunday, August 13, 2017 02:31 PM
I disagree with Mr.Mubeen. Probable balloting next year shall not be for all cash files but only for perhaps one or two smalls blocks. Overall balloting for all files will still take time. Regarding cash file price if all the files are confirmes to be ballotted the price would be almost 70.
Fellow Member replied on Sunday, August 13, 2017 05:37 PM
If plot is not allocated against file then what would be the expected fate of price of this file.
ShahzadQamar® replied on Monday, August 14, 2017 04:53 AM
Some day plot will be allocated to the file so fate is not a question. There is no more loss in DHA multan now for cash files in future.
Fellow Member replied on Monday, August 14, 2017 06:52 PM
I think my query was not clear: I mean to say that at first instant of ballotting if plot is not allocated what would happen to the price, say 70 lac; would it remain the same or would fall appreciably below 70. Thanks
ShahzadQamar® replied on Monday, August 14, 2017 10:53 PM
70 is the average estimate because the ones getting plot numbers will immediately gain more and the rest waiting for balloting will be in 70s range. Anyhow, I dont think it will take more than 3 years to complete balloting of all cash files of phase-1 to allocate plot numbers. By the end DHA needs money and once installments are paid, the only option would be to collect it through development charges after releasing map and balloting of plot numbering.
Fellow Member replied on Tuesday, August 15, 2017 07:36 AM
Thanks a lot dear; I am highly obliged.