As I saw people talking about Multi Professional Cooperative Housing Society (MPCHS)’s B-17 on Zameen.com Forum, presenting arguments both in favour of and against the project, I thought of digging deeper to highlight the issues being faced by the stakeholders of Sector B-17.
What I’ve learned is that the main issue that investors are facing in the locality is the delay in possession in Block D. According to Mr Sajid Gillani of Gillani Estate, the MPCHS is yet to acquire land in Block D to hand over possession. And investors are worried because they have not been able to get possession even after many years of waiting.
I also learned that a few houses have already been built there. Perhaps, the MPCHS has not been able to negotiate with the landowners, which is why the issue is still unresolved in Block D. Mr Gillani said that the MPCHS is in the process of acquiring the land, which means the matter will probably be resolved soon.
Sector B-17 comprises six blocks and Block D is the only troublesome block, while in Blocks A, B, C and partly in Block E, the developer has handed over possession. Property rates in the society vary from block to block. The table below will provide you with an idea of the price ranges* in the different blocks of Sector B-17.
| Blocks | Plot Size | Price Range |
| A | 1 Kanal | Rs 4 million to Rs 6.5 million |
| B | 1 Kanal | Rs 6.7 million to Rs 9 million |
| C | 1 Kanal | Rs 4.6 million to Rs 6.5 million |
| D (in clear area) | 1 Kanal | Rs 2.7 million to Rs 3 million |
| E | 1 Kanal | Rs 3 million to Rs 3.5 million |
*The price estimates have been provided to us by an estate agent dealing in B-17.
I would like to tell you that the MPCHS is a renowned developer in the Federal Capital and is the muscle behind other high-standard housing projects such as Islamabad Gardens, Tele Gardens (Sector F-17) and Multi Residencia & Orchards (a farmhouse project).
If you would like to share your views on B-17, please feel free to do so in the comments section below.
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Dear Mr. Zain,
What is the % age of land yet to be acquired in Block D. Is there a litigation going on in court or simply awaiting finalization of negotiations with the land owners ? How long may it take for issues to get resolved ?
A bit of further information shall be helpful for investors sitting abroad.
Your efforts are quite good, authentic and commendable.
Dear mr Khurshid,
I have heard the area where there 1-kanal plots in Block D is clear. And I think there is some issue of negotiations between the society and the landowners.
Rest ALLAH knows better.
Regards,
zain Nadeem
I met with one of the locals last week, whose family happened to have owned around 500+ kanal of land, mostly falling in Block-D. I asked him about their deal with the Multi authority. He told me that they are put up a demand, as high as 50 lac per kanal. Which I believe is on a very high side, keeping in view the later development expenditure cost etc to be born by Multi. This is just one example of such issues being faced by the management. Things are getting to settle down in other blocks such as Block-A, where various residential units can be clearly seen under construction. I hope issues in other blocks will soon be resolved.
Dear Mr Fawad,
Thank you for sharing the information.
Regards,
zain Nadeem
Assalam u alaikum
I want to invest in multi gardens b-17
Is E block ok to invest?
Is it CDA approved ? Got NOC?
Kindly provide me full information.
Jazak Allahu Khair
AoA,
Why block-A (B-17 near lake) is not fully developed and handed over to the owners? Is this land possession issue mentioned above?
Thanks
Aman
In case, multi management remains unable to acquire land, what could be the alternative solutions they can offer to plot owners in D Block. Any thoughts?
Dear Saeed,
AOA! I am also one the investor of D-Block since long. They are just telling us to wait. Years have passed but no good news regarding this.
Multi Mgmt should have given alternate plots in C-Block.
Dear Zain,
Thanks for your kind updates.
I just want to know about Block E, is that a safe investment.
And does it fall under CDA jurisdiction?
Thanks
Qazi
Dear Zain,
Thanks for your kind updates.
Just wanted to know, how safe the investment is Block E.
And is that block falls under CDA?
Thanks
Qazi
i want to know that on which rate per kanal did mpchs is buying land from owners zain nadeem can u help me
zain nadeem sir i want to know that on what rate per kanal did mpchs are buying land from owners
i want to know that on which rate per kanal mpchs is buying land from owners
SIR WHAT ABOUT BLOCK F, The land is already acquired or not,