Multan: The Defence Housing Authority (DHA) Multan has shared the payment details for villas that will be auctioned tomorrow i.e. February 10, according to the authority’s official Facebook page. The registrations invited from buyers and investors have already closed on February 8 – while the society has announced the possession of these villas to be given by December 31, 2021.
In the public auction, DHA will present villas measuring in sizes of 6 marlas, 9 marlas, and 12 marlas with options varying between 4 and 5 bedrooms. The authority has also disclosed that while prices of these villas are competitive – the members can also avail home financing facilities.
As per the Facebook post shared on February 8, following is the base price set for these units:
Description
6 Marla (Single Featured)
6 Marla (Multi Featured)
9 Marla (Featured)
12 Marla 4-Bedroom (Featured)
12 Marla 5-Bedroom (Featured)
Auction Base Price
PKR 11,000,000
PKR 11,500,000
PKR 17,000,000
PKR 20,000,000
PKR 22,000,000
DHA Multan Villas Auction Base Price
The post further states that overseas Pakistanis can also participate in the auction by sending their representatives to the auction, which will be held at Villa Park, DHA Multan tomorrow. Furthermore, detailed under the head of ‘Vital Incentives’, the post states that there will be 10% rebate on payments made in lumpsum and 5% rebate if payments are cleared within a year (four equal instalments). In addition, the transfer fee has been waived off for the first-time transfer that takes place before June 30, 2021. Please note, the DHA hasn’t shared timings for the auction.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
