Multan is one of the developed cities of Punjab and is considered to be the sixth largest city of Pakistan. It is home to several industries and mills such as cotton, rice, flour etc. Multan is densely populated and has all the facilities required for a modern day developed city. According to the Government of Punjab’s district profile of Multan, the city has 384236 schools and 1592 colleges. This makes it an excellent choice for people looking to invest in property in the city.
For the ease of the people, Graana.com brings you the top 5 residential areas of Multan where people can buy a residential plot.
DHA Multan is one of the hottest investments available for investors throughout Pakistan. Investors from other cities are also yearning to invest in DHA Multan as it is the first DHA in the highly populated city of Multan, which also happens to be the economic centre of Southern Punjab. DHA Multan has an area of 9000 acres with many exciting projects on the way including a hub for commercial activities, an education city, a five star hotel, a golf club etc.
The current estimates show the prices of residential plots in DHA Phase 1, Multan. They are given below:
The price range for a 5 Marla residential plot on average is between Rs 19 lacs to Rs 25 lacs.
The price range for a 10 Marla residential plot is Rs 40 lacs to Rs 50 lacs.
The price range for a 1 Kanal residential plot is Rs 50 lacs to Rs 1.30 crores.
Key features of the society include:
Citi Housing Phase 1 is one of the top locations to buy a property in Multan. It is articulately planned with state of the art modern technology and several amenities like stable supply of water, electricity, gas and horticulture. The development of Phase 1, Citi Housing is complete and now the residential plots are available for people to buy or sell. Instalment option is also available.
The property prices for residential plots are given below:
For a 5-Marla plot, the price range for a residential plot is between Rs 28 lacs to Rs 30 lacs.
For a 10-Marla plot, the price range varies between Rs 47 lacs to Rs 53 lacs.
For a 1 Kanal plot, the price range for a residential plot is between Rs 95 lacs to Rs 1 crore.
Key features of the society include:
Citi Housing Phase 2 has all the amenities required to live a life of luxury. Its aim is to provide a comfortable life with all basic facilities nearby. The road network is developed and recreational facilities like parks are also available. The society also puts emphasis on sustainable living and urges its residents to be mindful of the environment and not waste food, water, electricity etc.
As per the given data, the residential plots in Citi Housing are in the price range:
5 Marla residential plots in Citi Housing Phase 2 cost Rs 25.5 lacs to Rs 30 lacs.
10 Marla residential plots in Citi Housing Phase 2 cost Rs 45.5 lacs to Rs 50 lacs.
1 Kanal residential plot in Citi Housing Phase 2 cost on average Rs 85.5 lacs to Rs 90 lacs.
Key features of the society include:
Fatima Jinnah Town is situated on the southern end of Vehari Road which is one of the well-connected roads that connects all the major societies to the city. It is a well-planned society which was developed by Multan Development Authority (MDA) in 2006. It is considered one of the safe and secure investments in Multan with several attractions like hospitals, educational institutes and banks etc. The society is particularly well-suited to lower and middle income people due to low prices of properties in the area.
The prices for residential plots in Fatima Jinnah Town are given below:
The price range for a 5 Marla residential plot is between Rs 22 lacs to Rs 32 lacs.
The price range for a 10 marla residential plot is Rs 35 lacs to Rs 55 lacs.
The price range for a 1 Kanal residential plot varies between Rs 70 lacs to Rs 1.2 crores.
Key features of the society include:
Punjab Government Servants Housing Foundation (PGSHF) covers an area of 233 Kanals and comprises more than 10 commercial buildings. The road network is extensively planned and all basic amenities are available for the ease of the people. The nearby neighbourhoods include China Town, WAPDA Town Phase 3, Farrukh Town, Farid Town, etc through Northern Bypass and Khanewal Road.
The property prices for residential plots in PGSHF are mentioned below:
For a 5-Marla plot, the average price for a residential plot is Rs 16 lacs to Rs 21 lacs.
For a 10 Marla plot, the price range is Rs 30 lacs to Rs 38 lacs.
For a 1 Kanal plot, the average price for a residential plot is between Rs 58 lacs to Rs 68 lacs.
Key features of the society include:
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