Being the most important city of southern Punjab, Multan has lately seen massive infrastructural development. Various new facilities have made the city a lot more attractive for real estate investors as well.
While property files in DHA Multan are seeing a constant rise in demand and prices, some new developers are looking to spice up the real estate affairs of the city. We have learnt from our sources that even Citi Housing is coming to Multan.
Technically, Bahria Town should have picked the city first, but it appears that Asia’s largest real estate developer has different priorities at the moment, with major interests in cities other than those located in southern Punjab.
Well, Citi Housing is not short of resources and expertise to execute masterly housing projects. Looking at the increasing population and buying power of people in Multan, the decision appears totally sound as Citi Housing is essentially known for offering smaller plots at attractive rates and payment plans.
I won’t reveal the exact location where the developer is said to have been busy acquiring land for this project, but all I can tell is that the upcoming project will be nestled amngst some of the existing and popular housing societies in Multan. With strong rumours about Multan becoming the next city to welcome Citi Housing, other developers should gear up to face a tough, credible and passionate competitor. This should also ring bells for DHA Multan – a project that’s awaiting its official launch since 2015.
The expanding infrastructure of Multan, nearing launch of the Metro Bus project, expansion of road network, inauguration of new universities and colleges and the fact that many investors are already active in the city, the timing appears just right for Citi Housing to get its share from the city’s growing property sector.
Dear Samra,
As you written about citi housing going to lounce their project in Multan. Can you please comment on Faisalabad citi housing. I am one who booked a 1kenal plot therein 2015. And paid my due 6 installment till today. They did not yet alot me plot yet and they cheated people of Faisalabad keep on booking more then the available plots. Now they are saying to get allocated your plot in the citi housing-2(Extension). Whis is located in very remote area of Faisalabad and not much expensive on the same price.Which is still not yet started the development. Kindly comment on it.
I fully endorse: “This should ring the bells for DHA Multan”. Totally for the unexplained reasons the project has been delayed but it has definitely filled a lot more air in the balloon which is about to burst if new players like CITI or Fazaia entered the market. DHA could loose interest of Investors and should expedite launching.
I am interested in day to day news regarding real estate
Provide all details of citi multan with price nd installment plans also
Citi housing has not earned a good reputation in their recent project in Faisalabad. They have completely been flop to deliver their promises to the masses who entrusted them with their investment of life time savings. Right now, Citi Housing is scrambling in giving the plots to the people who bought their files two years back and they could not develop even one complete phase after passage of two years. The developer kept changing its policies every month and has been completely un-predictable to the common masses who suffered heavy losses by now. They might have benefitted to selected dealers but their general perception among the masses has substantially deteriorated in their Faisalabad project. So, Citi Housing carries a heavy baggage of bad reputation from Faisalabad as they enter into Multan. Not sure how Multani’s receive them and how Citi Housing gets her ducks in row.
Salaam.mie city housing fsd ka rahaishi hoo.city housing fsd phase 2 march 2017 se start ho rahi ha ,sirf kuch mazeed raqby k ziyada karny ki wajah se takhir hoi thi,baki or kuch nahi,abh ye 5500 kanal pass ho chuki ha,jin k pass green files hn un k liye suiehri muka a raha ha,or abh multan mie bhai log is se faida oothian gn.or mie bhi oommeed krta hoo k is piyary shiehar mie me Bhi plot loun ga,ALLAH HAFIZ
Good to see the CIti housing in Multan in comming days. Excellence completion of Phase I in Faisalabad with some late in Phase II Faisalabad and it should not consider failure or poor deliverance of phase II but a late in term of legal issues. Multan relay needs Citi housing to provide the real living standard housing scheme in this city which is only relying on WAPDA and DHA.
we want to join you as joint venture in multan we are Govt. contractor also playing private construction and development.