DHA Multan installment file market report
100% complete results of DHA Multan installment file are now uploaded on the website. The lucky ones who have won are very happy and those who have not are trying to buy on a premium from the market. A lot of confusion exists in the market regarding the premium of these files and everyone is still wondering what to do. DHA Multan has announced 15th July as the last date to submit down payment and membership charges for the successful people in any category. You can deposit this amount in DHA Multan account through a pay order and fill up the membership forms and post it or send it to your agent.
If you are planning to sell DHA Multan installment file in the market this is the best time to do so. You must remember the more installments you pay the less the premium will be. This is due to the factor that with every installment the buyer has to pay a higher down payment and the only reason he is paying you premium money is to enjoy the installment plan. If he is unable to utilize the installments than he will avoid paying you higher premium amounts. The best time to sell your plot is right now as the prices will take a dip near 15th July so if you do not have the first installment i suggest that you sell it out as soon as possible instead of waiting for July and higher premium. If you have the money to pay first installment you may wait till 15th July and sell it afterwards. However that may or may not earn you any extra premium. We can therefore say with complete surety that best time to sell can be divided into two time zones.
- 10 June till 1st June
- 20 July till payment of first installment
You should also keep in mind that the premium you may get now is without any investment, however if you sell it after paying the down payment than you are involving your money and a certain risk even if it is very less. So in my opinion whoever sells it before 15th July without investing any considerable amount will remain most profitable.
Approx premium prices you should be happy to sell your files before down payment are as under :
- 5 Marla Residential file 2 to 3 Lacs
- 8 Marla Residential file 4 to 5 Lacs
- 10 Marla Residential file 5 to 6 Lacs
- 1 Kanal Residential file 4 to 6 Lacs
- 2 Kanal Residential file 8 to 11 Lacs
- 4 Marla Commercial file 22 to 25 Lacs
- 8 Marla Commercial file 30 to 34 Lacs
Any thing above this price is a bonus and any thing below it is still profitable trade. Also make sure that the buyer pays the membership fee and all other expenses on your behalf and the premium quoted above is completely 100% profit. Also make sure that when you sell, that the buyer completely understands that he has to pay the first installment on your behalf and misc/membership fee. A lot of fake buyers are making higher offers and including the down payment price in the total price thus it looks like you are getting a high price but actually you are getting much less premium. In addition some people will offer you a price just so they can sell it further higher and get profit, in such cases if they are unable to do so they will demand there money back from you and you will end up in trouble specially if the premium goes down later on. My advise to all the sellers is to make sure that you make a deal with a reliable estate agent and keep yourself safe at all times.
Same is applicable to the buyers, the sooner you get it the more you enjoy on installments. It is better for both seller and buyer to conduct the transaction in the next few months. The premium is some thing in the air, it can vary in a matter of hours and depends on desperation of the seller. Do not wait too long and push your luck too hard as long as you are getting a deal with in the above mentioned premium or a bit higher, trust me it is worth it. There may be a long wait before you can find another DHA project worth investment on installments.
Captain (Retd) Shahnawaz Yaqub Bhatti
Investment Consultant and CEO at Imlaak
Mob : +92 333 1717170 ( Whatsapp)
