4 Kanal Gulberg Green -vs- 5 Kanal Multi Orchards

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#1

Gulberg Green Agro:

Location:- {zone 5 Islamabad, near Chaklala, Korang Town, DHAI}

2nd booking Area:- 4 Kanal (2,444 sq yds) = 100 x 220 = 22,000 sq ft Total price:- Rs. 13 million With 10% discount on full payment:- Rs. 11.7 million Market price:-??

3rd booking (Oct 2013): Area:- 4 Kanal (2,400 sq yds) = 100 x 216 = 21,600 sq ft Total price:- Rs. 17.5 million With 10% discount on full payment:- Rs. 15.75 million Market price:-??

Multi Orchards:- Location:- {Wah Cantt, M-1 Motorway Brahma Bahatar Interchange}

Area:- 5 Kanal (2,500 sq yds) = 100 x 225 = 22,500 sq ft

Old booking Total price:- Rs. 5.6 million With 20% discount on full payment:- Rs. 4.5 million Market price:- ??

New booking Total price:- Rs. 6.5 million With 20% discount on full payment:- Rs. 5.2 million Market price:- ??

Questions (comparison):-

  1. Current market prices?

  2. Faster growth so far?

  3. Faster growth in future?

  4. Proximity to markets, hospitals, schools, universities?

  5. Accessibility?

  6. Scenery and serenity?

  7. Development standards?

  8. Facilities?

  9. Security?

  10. Type of community?

  11. Verdict?

#2

It means one Ten Kanal and one five kanal plot of Multi Orchard is equal in price with 4 kanal plot of Gulberg.

#3

Gulberg is overpriced, although location is fairly decent comparing it to Multi Orchards. There are question marks since its IBECHS people don’t feel safe investing such a large amount of money with them. With MO, you have that peace of mind, however, they may take a lot longer to develop it so likely to see long term profit. I personally would go for JKCHS farmhouses instead of both of these as they have given possession to majority so at least you have something on ground and yet its half the price of Gulberg and just as a big name brand as well.

#4

Sheikh sahab, I visited the place earlier this month and MPCHS seems on track to deliver possession mid next year. Quite a lot of work going on at a good pace.

It is understandable that Gulberg being in ICT should be more expensive than MPCHS farmhouse scheme in Wah Cantt, but I will not be surprised if eventually Multi Orchards comes very near Gulberg in price.

The site of Multi Orchards has some very good advantages. It is very near Wah Cantt where you find schools, hospitals etc. So you can start living there straight away after possession next year.

On the basis of value for money, yes Gulberg is much more costlier as compared to MPCHS.

#5

Multi orchards is located on a very nice location. I prefer to build a farm house away from home. As to growth both will perform well. However gulberg prices are artificial

#6

As Punjab Govt. Is planning to make University in Islamabad Scheme.So its future looks very bright.

#7

Will Gulberg Greens have better security or Islamabad Orchards of multi?

Multi farmhouse will give good profit next year when they do opening ceremony and give possession in Orchards and Residencia both?

Is it advantage or disadvantage to have small plots in the same compound as farmhouses?

#8

MR PARDESI you cant compare GULBERG GREEN to multi gulberg green is way superior than multi,multi is not in islamabd.

1 LOCATION IN CENTER OF ISLAMABAD,MULTI FAR AWAY FROM CITY WITH NO DIRECT ROAD ACCESS,you go through a small road.

2 220 FEET GULBERG EXPRESSWAY 2 MINUTES DRIVE FROM ISB AIRPORT,ROAD WORK EXCELLENT A B C block fully developed.

3 working on direct access to park road from other side.

4 Little expensive as compare to multi farms but multi farms are in taxilla not in islamabad and far away.You can compare it with wah cantt societies not islamabad.

5 For future growth they already give 150 plots to a reputed int firm to bulild 150 model farms and it will give a big boost to prices.

6 2 big companies are already making multi story towers you can see construction.One is telenor.

7 go and visit and decied.

Some people diont know the fact they say overpriced in phase 8 bahria 20 km away 7 marla plot is around 40 lakh so why 4 kanal cant be 175 million.

#9

But who wants a farmhouse in the middle of a commercial centre with big companies and telenor multi storey buildings???

A farmhouse is supposed to be somewhere peaceful, not too much traffic, tall trees (not tall buildings) and not too close to the hustle and bustle of the city but accessible at a convenient medium distance from civilization, schools and hospitals...

Multi Orchards fits that description. E.X.A.C.T.L.Y.

You can live in Orchards - drive on Motorway instead of the crowded Islamabad Highway. Reach Islamabad blue area in the same amount of time as from Gulberg and pay less than one third of the price for your plot. From Multi Orchards you can send your kids to excellent schools and universities in Wah Cantt at 6-7 km distance. Such as Roots, Froebels, Sir Syed etc.

I think Multi is much better value for money as compared to Gulberg.

#10

A farmhouse should be in a place like this (cut paste the link below):-

http://www.google.com/imgres?imgurl=http://upload.wikimedia.org/wikipedia/commons/4/42/Cottages_on_Selworthy_Green.jpg&imgrefurl=http://commons.wikimedia.org/wiki/File:Cottages_on_Selworthy_Green.jpg&h=2696&w=3940&sz=5197&tbnid=_jzdluTU23EdDM:&tbnh=127&tbnw=186&zoom=1&usg=__ck0Ys-0bcYVSKv4d4bKw1C95OrU=&docid=MntrXfH8MmSbvM&sa=X&ei=2oGMUvnvDsGt0QWz84DQDw&ved=0CDQQ9QEwAw

Not at a place like this (cut paste the link below):-

http://bizbeatblog.dallasnews.com/2013/06/construction-cranes-tower-over-state-farm-office-project-in-richardson.html/

What do you think?

#11

Gulberg green is over priced 17.5 million is very high price y not then d 17 farm houses where u can get 4 kanal farm house around 8 million with immediate posession electricity and water already many farm houses are built there its on main gt road direct acces from gt road very near to margalla avenue

#12

Go on guys ,

keep on praising multi farmhouses as I have booked one for myself.....

Its feels good , in fact it feels great :)))

On a more serious note, When I attended recent AGM on multi orchards location , it seemed ideal for farmhouses .....its wide open land with X-factor for sure.....

#13

Agree with Pardesi. Also it important to appreciate the fact that one Kashmir highway and MA is operational travel time to orchards will cut significantly

#14

Syed ibrahim sb,

some people said that D-17 farm houses have NOC issue . I have no idea about this.The 2nd thing we don't see too much advertisement in papers,olx for D-17 as compared to Gulberg or MO

#15

D 17 DONT HAVE noc AND IT IS ILLEGAL,CHECK WITH CDA,And mr pardesi location matters more there is hell of difference between islamabad and TAXILLA.

#16

And mr pardesi plot are not 5 marla that you are worried about commertial they are 10 kanal and 5 kanal and they are not with commertial zone you can choose far one and they have more than 18000 kanal of land so you can choose isolation whatever you want.

#17

But Rashid bhai everyone is saying Gulberg is over-priced. This is why as you know it is true that for a long time Gulberg plots were selling in loss.

There is always risk in purchasing over-priced properties.

Gulberg project is spending so much money on star marketing! Whose pocket is this money coming from? I think from the pockets of ordinary people who are paying overprice amounts for the plots.

#18

DID NOT SEE ISLAMABAD ORCHARD’S NOC ON CDA WEBSITE. IS IT UNDER SOME OTHER NAME?

#19

That’s true. The whole society is overpriced. There’s a lot of work pending and they are trying to sell farm house which are heavily overpriced at the moment.

#20

Rashid bhai you said about Gulberg Greens that "they already give 150 plots to a reputed int firm to bulild 150 model farms".

With all due respect this is not how to do it! For Gods sake this a farmhouse project not government quarters that you can build 150 in exactly the same design!#!?!

The thing about farm houses is that they should be built in a personalized manner. The design that you choose for your house says something about you and your taste.

It should be a work of art and not like 'Bahria Safari Homes'. Not like match boxes or Suzuki Altos coming out of the assembly plant.

But what can you expect from IB officers society? They are known for placing secret listening devices (bugs) in the phones of judges and politicians. They are not know for a work of art such as a farmhouse project.

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