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DHA Multan,

(102061)
Saturday, June 4, 2016 04:56 AM 

I have failed to understand recnt gains in DHA Multan, As I don't have first hand information so i did not comment upon it.

What I understand DHA Multan are not issuing new affidavit files it gives two possibilities that one is they have enough Land [which Looks not reality] 2nd Possibility is they are not finding Land or Land ownership disputes have arisen.
2nd thing is They have issued some affidavit files which have been resold, But new owners are not getting allocations. One of my friend is waiting for 2 months for that.

This is definitely a not good sign and is augmenting the reasoning to point number 1 ie Land is not been cleared by Land Dept.

Of Course there is short supply in market if they will not issue new affidavits and neither release old files in form of allocation

Combing these 2 facts DHA Multan Looks in trouble, Another question is why they are making gate and one rods without releasing map and master plan?
I will request CMY and Hussein Kaisarni to elaborate these points as looking at pictures it looks that Mr Hussein Kiasarni recently visited the area.

Imransheikh replied on Saturday, June 4, 2016 05:07 AM 

JameelMughal Sb, housla housla please.
Don't stuff your mind and misguide people with the things you don't know !
Relax you have missed the train so it is useless to cry over the split milk.

M Zahid® replied on Saturday, June 4, 2016 05:38 AM 

Jameel,
DHA holds sufficient land and it can be verified from Punjab land record website. DHA holds more than what is recorded on the website because process of digitisation is not complete.
This is my own conclusion by studying various trends and data. There are pockets and holders of pocket looking for higher value and not willing to give land on low prices. DHA been pushing them through various tactics but did not worked to desired level.(i.e No more land acquisition etc). One way to lure these people was to gain them higher price. So they stopped or slowed issuing affidavit files which pushed the market up but CMY explianed in his audio message this artificial and Intimation file holders reversed DHA's move by profit taking. So the price slide little bit back. There are pockets and pockets are substantial sizes. The clearance of those pocket will generate few more months of file fuel for the market and then it will be on steady rise like prism.
Why Gate, main road and boundary wall are being built is because management is committed to complete on time. Why they are committed one reason could because this is first project in Multan and its success will carry on their jobs and more business for DHA.
But you are well aware land acquisition is hardest part and I rest assure your its quite close to the target. So if thinking of shift any troubled investment to here is the right time.

Teacher replied on Saturday, June 4, 2016 06:06 AM 

Imransheikh : split milk nai hota ....its Spilled Milk instead.

Aamir replied on Saturday, June 4, 2016 06:28 AM 

Gents,

May we all please refrain from sarcastic conversation and behave like the adults we are and converse in a mature manner.

Warm Regard,
Aamir

Arif M® replied on Saturday, June 4, 2016 06:53 AM 

I am from Multan and one thing I repeatedly hear in that market is DHA has more than enough land in Multan. CMY has confirmed that as well. So no worries regarding that.

User_P0988® replied on Saturday, June 4, 2016 07:11 AM 

I want to just say, InnAllah e Ma assabereen

HussainD® replied on Saturday, June 4, 2016 07:26 AM 

As per mu understanding, DHA Multan is trying everything they can do to increase the price (slow issuance of allocation, no new affidavit, probably buying files from market etc). The reason is very simple that they have to launch instalment files. We were talking about 55 lacs before and now 62.5 lacs. The difference is huge, 75 crore fr every 1000 new files wao, not a bad idea to spent few crores on increasing the market price. Just a perspective from revenue management and marketing, nothing against DHA Multan.

Jameel Mughal® replied on Saturday, June 4, 2016 09:08 AM 

Thanks M Zahid and Hussain D for more insight, still a biggest question is Allocations are not being issued there are hardly any in Market Not because people dont want sell but they are not getting from DHA Multan, There can be many XYZ explanations of that delay but is in case of DHA Lahore we know when Allocations are unexpectedly slow for certain Land Owner there are legal Land issues.

Surfer replied on Saturday, June 4, 2016 09:26 AM 

I think Jameel bhai words have weightage. Its been like the case in bahawalpur. So its better to take caution. If allocation are being hanged up by dha Multan question arises why they do so?

Salman replied on Saturday, June 4, 2016 10:32 AM 

For long term holders, nothing to worry.

This is a goldmine. Thanks to CMY sb for guiding us to invest at the right time.

ShahzadQamar® replied on Saturday, June 4, 2016 02:21 PM 

DHA multan announced in oct last year that phase 1 land aquisition is accomplished. DHA would never put a false public announcement. So now the question is why controlling the suupply. Answer is simple demand and supply. If DHA wants to start installment files this year at 63 the cash file has to be at 47 plus otherwise DHA shall not be able to launch at target price. This phase of DHA will continue for couple months till kanal cash reach 49 or 50 to stabilize the price above 47 nd then DHA multan will issue installment option ar 63 till october 2016 or before

ShahzadQamar® replied on Saturday, June 4, 2016 02:35 PM 

in my own opinion the ideal time for DHA to announce installment plots must be somewhere between eid al fitr and eid al adha this year.
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