Dear Gurus,
Should i expect the decrease in cash prices of DHA Multan with the installment announcement or 31.85 is best buy.
Being resident of Multan, I am interested in buying file for residence point of view after 5 years. Rabia replied on Saturday, March 12, 2016 07:41 PM
Hi, can someone buy dha multan files on installments? Thanks |
Kashif replied on Sunday, March 13, 2016 05:35 AM
As per the rumors in the market. DHA multan will be launch at 55 plus at that time these confirmed plots will be 50. so better to buy whatever price at the moment. @ rabia you can buy DHA multan files on installment after launching by DHA which will be expensive and not sure you will be the lucky one having in file ballot. |
Rauf replied on Sunday, March 13, 2016 08:56 AM
55 might be the launching price and would be inclusive of development charges. File at 32 is non inclusive of development charges. Addition of development charges around 17 lacs to current worth makes it 49. So net difference between cash and instalment plot would be roughly 5-6 Lacs on launch. This is the main factor that file prices being kept around 32. |
Maqsood replied on Sunday, March 13, 2016 09:22 AM
Dear Mr. Rauf, as per my understanding DHA will give payment plan for three years EXCLUDING development charges. For example, DHA Peshawar announced booking plan as 55 lac in three years installments. But development charges are EXLUDED and have to be paid. So i dont think difference will be 5-6 lacs IF booking price is 55 lacs. Simply said, File cost = Booking plot cost. Please correct me if I am wrong. Thanks |
MBS® replied on Sunday, March 13, 2016 09:26 AM
The launching price will be excluding Development Charges, same as in DHA Bahawalpur & Peshawar where Kanal was launched at 37 and 55 lac respectively. So if file is launched at 50 lacs, total price will be 50+17 (dev charges) =67 lac Cash File Price at current rate 32+17 (dev charges) = 49 lac Difference: 18 lac |
Maqsood replied on Sunday, March 13, 2016 09:36 AM
MBS sb I wanna know one thing about files. So the main different between cash file and booking is that cash file will get a plot for sure if balloting is done? |
Ejaz_EJ® replied on Sunday, March 13, 2016 09:40 AM
Difference of 18 Lacks is based on 50 lakhs, as per our information DHA Multan will be launched more than the price of DHA Peshawar, so keep in mind the file launching price in between 55-60 Lacks Excluding development charges. current file price of 32 will no longer be available once it is announced that DHA is launching DHA Multan which is expected in first week of next month i.e. April 2016. Thanks |
syed replied on Sunday, March 13, 2016 05:29 PM
i can clearly see dha multan at 40 above in coming months so good investment right now and for ppl holding for 3 to 4 years fluctuations in price from 30 to 40 even under 60 wont matter , if you are feeling risk in files consider nfc ph 2 and suigas ph 2 in this budget before time pass by , some expert plz suggest me 2 million budget investment options in lhr beside 5 marlas and nfc ph2 . |
kashif replied on Sunday, March 13, 2016 07:17 PM
This file is confirmed plot at cost of 32 now. DHA multan once announced the launching these file will jump directly to 5 lac minus launching price. Installment file is not confirmed that you will get the name in ballot or not. These files will be part of plot ballot only. Development charges have to pay for both installement files and land owner files which will be 1.75 million in installment. |
Ekrar® replied on Monday, March 14, 2016 12:54 AM
Installment file price of 38 in dha bahawalpur but cash file at 25...difference: 13 lac Installment file at 55 in dha peshawar but cash file at 40....difference 15 lac How can one expect the difference in dha multan to be not less tha this! Launching price of dha multan would be somewhere at 40-42...so well imagine the price of cash file then .... But this all is going to happen next year...till then the price will remain stagnant! The pressure of development charges is not letting prism to increase significantly so prices of multan will remain stagnant owing to same pressure for next 3-4 years to come just as prices have remained so for the past 1.5 years |
Maqsood replied on Monday, March 14, 2016 01:47 AM
@Ekrar. I value your opinion but I have two points which I like to mention: 1. Our main discussion is not about expected price of cash file after project launch. It is just showing that there is a big price difference between cash and installment files. And this all came in reaction to Mr. Rauf's comment. 2. As per my information, till yeaterday peshawar cash file for 1 Kanal was being traded at 52 lacs. Please share your sources for 40 lacs cash file so that some brother may get benefit of this information. Jazakallah |
Don't be bekrar replied on Monday, March 14, 2016 02:31 AM
Bekar is self-declared guru of property who in fact know nothing about Dha Multan dynamics |
Ejaz_EJ® replied on Monday, March 14, 2016 03:24 AM
Mr. Ekrar can you find a file for DHA Peshawar at 40? what are your sources that DHA Multan will be launched at 40-42? it is a first phase of DHA Multan and at utmost they will make it successful, and by the way work is already going on in DHA Multan and still it is not launched. let me tell you one thing, in repeated meetings of DHA Multan officials with Multan dealers they repeated that Multan will be launched more than the Peshawar price. so expect the launching price in between 55-60. Thanks |
ShahzadQamar® replied on Monday, March 14, 2016 07:47 AM
Mr. Bekarar...haha..love that notion. Ekrar saab you are talking about next year, justtttt wait for few more weeks and you will see the difference. Prism is best but it does not mean that you trash away everything rest. We can not compare Dha multan with Dha lahore, for sure, and at the same proportion you cant compare DHA Bahawalpur with Dha Multan. InshaAllah I shall be the first one to remind you when the train would be gone for you & DHA multan cash file would be trading 40 to 45 range. |
Ekrar® replied on Monday, March 14, 2016 12:58 PM
The launch price of dha multan at 55+ is simply not feasible. If 55 +20dc make it 75. Why not one would buy in wapda town multan where on ground plot starts at 80 n y wait for development delays of dha multan for 5-7 more years. The current hype for cash files in dha peshawar is due to ballot-fiasco where almost no one could get through. Let the time pass and cash files in peshawar would also be back at 40. We have listened to the same rhetoric by dha officials of bahawalpur in the past as well what they are now saying about multan! Dha multan has more downside risk of becoming another bahawalpur. At least now people are not saying that I show the negative side of dha multan because I missed the 'train' because the train has not moved anywhere since it came to limelight 1.5years back! |