Multi Professionals Cooperative Housing Society (MPCHS) has various successful projects to its name and Sector B-17 (Multi Gardens) is one of them.
Although the sector is already accessible from main GT Road, its accessibility will improve even further once Margalla Road has been completed. I have heard that some prevailing issues are barring the construction of the road.
Sector B-17 features residential plots of different sizes and comprises six blocks: Blocks A, B, C, D, E and F. Read on to find out more about this locality.
Development status
Blocks A, B, C and E are almost developed and people have possession of their plots in these blocks. However, Block D is embroiled in a bit of a controversy currently because MPCHS has not been able to acquire the total land for this particular block so far. According to sources, the society management has been unable to reach the landowners in question, which is why the development of infrastructure has not commenced here.
MPCHS recently launched new plots in Block F on 15 instalments that are payable every three months. According to sources, bookings for 200-, 272-, 356-, and 500-square yard plots in the block closed 3 months ago.
Prices
Property prices in Sector B-17 vary from one block to another. Please see the table below to have an idea of the market price of plots in different blocks.
| Blocks | 8 Marla | 10 Marla | 14 Marla | 1 Kanal |
| A | – | – | – | PKR 4,000,000 to PKR 8,000,000 |
| B | – | PKR 4,000,000 to PKR 5,500,000 | PKR 6,200,000 to PKR 6,800,000 | PKR 7,000,000 to PKR 9,000,000 |
| C | PKR 2200,000 to PKR 3,500,000 | PKR 2,800,000 to PKR 3,800,000 | PKR 4,300,000 to PKR 5,000,000 | PKR 4,000,000 to PKR 7,000,000 |
| D | PKR 1,400,000 to PKR 1800,000 | PKR 1,600,000 to PKR 2,000,000 | – | PKR 2,500,000 to PKR 3,200,000 |
| E | PKR 1,800,000 to PKR 2,400,000 | PKR 2,300,000 to PKR 3,500,000 | PKR 2,300,000 to PKR 3,500,000 | PKR 3,500,000 to PKR 4,500,000 |
As you can see, Block B is the most expensive one because of its comparatively better infrastructure.
The launching price of plots in Block F was as follows:
| Plot Category | 200 Square Yards | 272 Square Yards | 356 Square Yards | 500 Square Yards |
| Total Cost on Instalments | PKR 2,400,000 | PKR 3,260,000 | PKR 4,260,000 | PKR 6,000,000 |
| Discounted Price on Lump Sum Payment | PKR 1906,000 | PKR 2,585,000 | PKR 3,375,000 | PKR 4,750,000 |
Possession status
MPCHS has handed over possession in Blocks A, B, C and E, but it has yet to grant possession in blocks D and E.
Best block for investment
The way I see it, Block B is the best one for investment, as infrastructure development in this block is better so far. Secondly, commercial activity is also good in this block. After Block B, I would suggest Block C for investment. However, you should be careful about Block D and invest there only when land acquisition has been completed.
That’s all I have to share about Sector B-17 for now. For further queries, feel to converse with me in the comments section below. If you want me to get you in touch with a trusted agent dealing in the locality, please share your budget and requirements with me.
Related News
I am looking for installment based investment in undeveloped land/files in Islamabad. Budget is 350000 per quarter. Can you put me in touch with a good agent who can guide me on different options.
above statement shows that although block E of B17 is some what developed but it is not good for investment.
Dear what about block f as its available on installment so its good to invest or not
Hi
Is this Housing Project is approved from CDA?
Enlightening blog about B-17 sectors.
Dear sir I want to purchase 8 or 10 marla in B-17 on cash and ready to construction. Please guide be in which block and what amount of money is required. Also suggest me any trusted state adviser/Agent at 03212342144.
Best Regards
Asad Ali
I have a 35×70 plot in B sector. If you are interested, please write at mtmustafa.math@gmail.com
Best, Tahir Mustafa
HI, I am interested in buying your plot, please mail me complete details and final price. Please mail me your contact number as well. I assure you that I am a serious buyer. Thanks
Hi,
I am interested for a Plot in Block B 35×70, what is your recommendation between B-17 & F-17 since i already have one in F-17 (for construction purpose).
thanks.
I have a 35×70 plot in B sector. If you are interested, please write at mtmustafa.math@gmail.com
Best, Tahir Mustafa
what is ur demand. also tell me ur plot no.?
HI, I am interested in buying your plot, please mail me complete details and final price. Please mail me your contact number as well. I assure you that I am a serious buyer. Thanks
Dear I have a file of 8 marla F Block B-17…U have to initially pay 14 Lac and subsequently 6*Quarterly installments of 1 Lac 85 Thousand each u have to pay to get possession…WhatsApp 00966594493894
Dears,
I have two plots in B-17, Block C that I intend to sell. Plot #1854 (30×60) and plot #1948 (35×70). If there is any serious buyer, please send me your offer at: anasir79@hotmail.com.
Regards
Salaam from Saudi Arabia,
Brother, I am interested to buy plot 30*60 block, please copy me your final non bargain price. I will get back to you if it will be ok… shahzadmalikk1@gmail.com .
Thanks
Shahzad
is your plot still available?
Dear Ahmed,
For some reason, I got an email msg today that there is a reply to my post although you sent the msg a few months back. It would be better if you could send an email on the given email address (anasir79@hotmail.com).
Yes, both plots are still available and would like to sell if offer is worth considering.
Regards,
It would have been better to invest in DHA Karachi or Lahore.
As you can see, the prices are same for quite some time.
My advise: dont invest unless you are looking for living here.
Dear Zain Sb! I have purchased a plot in B17 B sector, Isd for Rs 7.5 Mn. can you guide me on following aspects :
1. Is the investment Ok for future.
2. I have been given 2 x Letters by MPCHS – One is No demand Certificate and other Transfer Letter duly signed by MPCHS authority.
3. Do I need any further letter like Possession Letter if any of the Plot.
Regards
Hi
I am looking for 10 or 8 marla plot in Block B. Please contact on whatsapp or email or call.
Zakir Hussain
00971503194161
zhchetrali@gmail.com
I have plot for sale in block D, size 30*60 (8-Marla), it is corner plot any interested person can contact me over email/whatsapp on following:
Muhammad Hammad Hassan
chishty.27@gmail.com
00966-558057780
Plot will be transfer immediately in Pakistan.
Dear Muhammad what about possession ?
could you please share the plot number.
Hi,
I don’t know how it works in Pakistan everything upside down that these housing societies are supposed to uplift and provide cheaper living/housing to people and instead investors jump in grab plots and wait and wait until pricing goes up and they sell those to end users to build houses. I meant these should be supper cheap since those are build on baron lands and initially very cheap and it’s all natural resource (the *land*) which is just so expensive because of investors, see this is not meant to be INVESTED, these are meant to be for dwellers to build and live in houses!! I meant, have we ever thought about this!! All these articles are promoting for INVESTING opportunities and about pricing going up and nobody is considering about the whole idea behind! I personally consider this a form of *hoarding* (Zakeera Andozi) since you don’t need it and you buy and hold it for price increase and deprive original buyer who actually intent to buy for building a house for living!! this is a sin to me and I wish Allah will punish these hoarders! Ameen!
aoa.i want to buy a plot in b17 block e or f.is it a profitable investment in future.please tell me i m worried.also tell me which place in islamad or rawalpindi is best to invest
how many houses are populated in sector B-17, what is the approx total population of sector ??
How many houses are populated in Sector B-17, what is the total population of sector??
1500 housed are ready for living
1150 house now
what is the current situation of Block E and what is the price for a corner plot near markaz. 200SQyard.
What is the current situation of BLOCK E and what prices are proposed these days. i have a corner plot 200SqY near markaz.
I have a plot 30×60 in F Block B-17 , any body who is interested may contact on 03005257700.
A good project
what is an open file mean and what is a closed file mean
There is no such thing as a closed file. The open file is kind of a virgin file issued to a landowner against the property he sold to a developer. As soon as this file is sold and transferred to someone’s name, it doesn’t remain an open file.
As fair business and to up hold reputation in the market society must safeguard the interest of their members and investors, who will speak good about them.
In case; society is not able to provide possessions, they should offer compensation as per the market conditions, either by replacing reasonably good plots or by cash. It is an hones suggestion from a sales and marketing perspective.
“Reputation counts a lot”
what is the status of Block D now ?