Launching of DHA Multan is the biggest thing that has happened to real estate sector of Multan. Multan is a historical city and considered as the metropolitan of south Punjab. The cotton rich southern Punjab is an ideal location for a first of its kind high end residential society. Multan District is surrounded by the Khanewal to the North and North East, the Vehari to the East and Lodhran to the South. The Chenab River passes on its Western side, across which lies Muzaffargarh.
DHA Multan will be a model community that will offer diverse housing portfolio for different classes including elite class, moderate class, while people with low income can also be a part of it. DHA projects provide residencies especially to defence related personals those are fighting for us to provide them with a safe and secure future.
Multan is considered an undeclared metropolitan of southern Punjab. In addition DHA Multan is located in one of the most sought out location in Multan. The average prices of Plots in good societies around DHA Multan are above 15 Million. DHA Multan is expected to rise much higher than its competitors in the area. In 5 years time we can safely assume that this File would have converted into a plot with a price above 12 Million minimum.
DHA Multan is not a separate authority rather it is a chapter of DHA Lahore and this has been done specially to keep the functioning smooth.
Defence Housing Authority Multan will become a model community with diverse housing portfolio for high, moderate and low income families. Innovative planning, environmentally compliant, safe and secure, state of the art development and availability of all amenities of life at doorstep will be the hallmark of the Community. It will be a community where everyone will have an immaculate place to live.
The DHA Multan Chapter official goals are as under:
Develop vacant Government Land or acquire privately owned land in line with the government policies for purpose of designing, developing and implementing facilities, schemes and investment opportunities by creating communities, business centers, theme parks etc.
Planning and development of land according to international urban planning guidelines and standards and improving existing recreational, residential and commercial projects.
Develop subsidiaries and joint ventures with any other entity for developing more effective business and operational models and to take advantage of any opportunities which may present themselves from time to time.
DHA Multan Location
DHA Multan Location
Why Invest in DHA Multan Plots and Files
DHA Multan has launched its first Phase in Multan and the prospects look great. The location of DHA Multan is excellent and the prices in the surrounding societies is a witness to that. DHA is expanding itself to other cities and Multan seems to be the perfect city to launch a society with a huge population and being the De-facto capital of south Punjab or the proposed province of Saraikistan consisting of around 6 Crore population.
Multan is the most prosperous and happening city in south Punjab and it occupies a central location. Plots in good societies in Multan including Multan Cantt range from 1.2 Crores to 2.5 Crores which makes the file prices ranging from 45 to 48 lacs for one kanal in DHA Multan a very attractive bargain. It is safe to assume that once the balloting is conducted which is expected in 2019, the price of Plots in DHA Multan will increase significantly.
All of this is not going to happen over night and the process of DHA Multan files turning into plots, followed by possession and than development. It has already taken almost a decade since it was launched and it may take another before it is a fully functional and thriving society.
DHA Multan will therefore remain an area to focus in years to come for investors and genuine home owners who would want to secure a peaceful living in one of the most prestigious society in Pakistan.