The last date to submit your application in DHA Multan is 31st March 2017. A lot of people are applying for the plots in hope to get hold of a plot on installments or to sell it out quickly on a profit. I on the other hand is a bit disappointed over the entire process because i feel that demanding a nonrefundable fee in thousands and allowing any one to apply unlimited number of applications without disclosing the total number of plots available for the balloting is a bit of rip off . This launch will have just one clear winner “DHA Multan” which will collect billions just to offer people eligibility to be part of the balloting process. However “when in Rome do as the Romans do” and i did end up submitting two applications, one for a 10 Marla residential and other for a 4 Marla commercial. Some of the Guidelines i want to offer you before you make the decision to apply are as following:
How many applications should you submit
There is no need for you to apply for a large number of files. Although logically you will end up having a better chance to win in the balloting but there is no guarantee that you will. You can actually end up losing all the nonrefundable money for nothing. It may be better to wait out a bit if you do not win any and buy some thing on a premium later on. I do not believe that the premium will be too high specially on 1 Kanal files which are being launched at 68 Lacs PKR.
Best category to apply in terms of price
In my personal opinion 10 Marla residential at 35 Lacs and 4 Marla commercial at 175 Lacs offer the best return for your investment. However as we are not sure about the total number of plots available in each category, my calculation can go wrong in terms of your chances to win.
Best category to apply in terms of chance
Best category to apply in terms of winning chance is 1 Kanal residential file and 8 Marla commercial file. I believe that the prices are high for both these categories and the number of plots vs the number of applicants in 1 Kanal category may give you a better chance to win.
General public quota vs specific categories quota
The general public quota will always have a higher ratio of applicants compared to the plots allocated for it. If a specific quota is applicable to you, i will suggest that you apply on it and not in general public as it will give you a better chance to win.
If you still have any further questions please feel free to ask us in the discussion form.
I hope this simple guideline will help you take a wiser decision. I personally applied for the best categories in terms of price as they will offer the best return on my investment, after all its not about just getting a plot, its about how much i can earn on it if i win one.
Investment Consultant and CEO at Imlaak
Mob : +92 333 1717170 ( Whatsapp)