The much-anticipated balloting for DHA Bahawalpur is going to be held on November 16, 2019. This will be the fifth in a series of ballots held earlier. In this blog, we will update you on the current status of the project, discuss the payment schedule and, if your name pops up as a successful applicant, then what terms and conditions would apply to you. A lot more is coming up, so keep reading about balloting in DHA Bahawalpur.
Latest Updates on DHA Bahawalpur
DHA Bahawalpur is a project of Defence Housing Authority (DHA) – a widely recognized name in the real estate industry. Phase 1 of DHA Bahawalpur spans an area of 3000 acres from Block A to Block N.
As per the latest news pertaining to development works in DHA Bahawalpur, roads have been carpeted in some sectors and sewerage lines are being laid. A “food park” has also been completed and will be open to the public soon. A theme park is also almost complete in Sector A. Developers have also installed dancing fountains in the middle of this theme park.
Let us now take a look at the payment schedule.
Payment Schedule of Residential Plots for Successful Applicants
People who will turn out to be successful applicants during the balloting process will have to follow a payment schedule as mentioned below. Remember that the down payment must be made within the first 30 days of the balloting in DHA Bahawalpur and the remaining amount will be distributed in 12 equal quarterly instalments.
| Plot Size | Total Price (PKR) | Down Payment (PKR) | 12 Equal Quarterly Installments (3 years) | Final Payment |
| 5 marla | 16,00,000 | 100,000 | 125,000 | 1.6 million |
| 8 marla | 25,00,000 | 150,000 | 195,900 | 2.5 million |
| 2 kanal | 1,00,00,000 | 500,000 | 791,700 | 10 million |
| 4 kanal (farmhouse) | 2,00,00,000 | 1,000,000 | 1,583,400 | 20 million |
| 8 kanal (farmhouse) | 3,75,00,000 | 1,500,000 | 3,000,000 | 37.5 Million |
Payment Schedule of Commercial Plots and Farmhouses for Successful Applicants
Similar to the payment schedule of residential plots, there is a payment schedule of commercial plots that the successful applicant has to follow. Please note that development charges have not yet been announced.
| Plot Size | Total Price (PKR) | Down Payment (PKR) | 12 Equal Quarterly Installments (3 years) | Final Payment |
| 4 marla | 1,75,00,000 | 750,000 | 1,395,900 | 17.5 Million |
| 8 marla | 3,50,00,000 | 1,000,000 | 2,833,400 | 35 Million |
Terms and Conditions of Balloting in DHA Bahawalpur
Those who had sent in their applications and had been looking forward to balloting in DHA Bahawalpur must also take a look at the terms and conditions of the event. If you are a successful applicant, then you will have to make the payment as mentioned in the table above. Details regarding the legal consequences of not making payments on time and how it can affect the allotment of plots are all mentioned in the following terms and conditions set by DHA Bahawalpur:
- Farmhouses and plots that are offered in this project will be based on ownership. The allotment shall be done through balloting.
- Equal quarterly installments must be paid by the 5th of each month with the help of a pay order.
- It is important to make timely payments. In case the successful applicant fails to do so, even after the issuance of the final notice, the allotment of plots will be declined or canceled. The amount deposited by the buyer will be refunded only after the project is completed. Around 20% of the total cost will be deducted from the amount refunded.
- The successful applicant will pay for the documentation charges and all other miscellaneous expenses to the management of DHA Bahawalpur.
- Remember that the cost of the unit does not include ground rent, registration and expenses, lease execution, electric, water and meter charges.
- The successful applicant will have to pay all kinds of taxes, and related charges, levied by federal and/or provincial bodies as well as municipal bodies. In case these authorities introduce new charges, the allottee will have to pay those as well.
- According to DHA regulations, the registered persons or members are requested to make payments as per the schedule. A surcharge of 18% per annum would be levied whenever there is a delay.
- For corner plots, additional charges, nearly 10 percent, must be paid with the final installment.
- DHA also reserves the rights to alter the allotment of plots or relocate the plots. Any development charges can also be imposed.
- Allotment letters will be formally issued when the payment of development and miscellaneous charges are paid by the allottee.
Investment Options in DHA Bahawalpur
You can also take a look at different property options in DHA Bahawalpur. There are many plots up for sale in DHA Bahawalpur. If you are particularly looking to buy a 10 marla plot file, then you need to have a budget of PKR 11 lakh to PKR 38 lakh. A 1 kanal plot file is also up for grabs for PKR 21 lakh-PKR 44 lakh.
It’s a wrap for our updates on DHA Bahawalpur. Stay tuned to Zameen Blog for informative posts. If you are interested in investing in other DHA-related projects, then do check out the latest updates on DHA Quetta. Please share your valuable feedback at blog@zameen.com. Happy reading!
