{"id":26262,"date":"2017-06-13T15:30:17","date_gmt":"2017-06-13T10:30:17","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=26262"},"modified":"2017-12-11T12:29:53","modified_gmt":"2017-12-11T07:29:53","slug":"dha-city-karachi-prepares-for-ballot-as-investors-gear-up-for-big-buys","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/dha-city-karachi-prepares-for-ballot-as-investors-gear-up-for-big-buys.html","title":{"rendered":"DHA City Karachi prepares for ballot as investors gear up for big buys"},"content":{"rendered":"

\"\"<\/p>\n

DHA City Karachi announced in April that it was launching new plots<\/a> – and the time has come for the ballot to officially take place. Preparations are underway for the event to take place on June 14.<\/p>\n

Numerous applications were received for the limited number of plots that went on offer, all available through a convenient four-year payment plan. The computerised ballot will be held on June 14, at DHA Country & Golf Club in DHA Karachi, at 3:00 pm.<\/p>\n

The ballot will be transparent and executed through the system used in all DHA projects. With DHA City Karachi\u2019s experienced team, which has been carrying out these tasks in the past, we expect to see an efficiently conducted ballot. Hopefully, the ballot results will be shared on the DHA Karachi\u2019s website soon afterwards.<\/p>\n

If you are looking to attend the ceremony, please note that it is open to public.<\/p>\n

Details on plots included in the ballot<\/strong><\/p>\n

The plots launched in April on a four-year payment plan were an irresistible deal for many, primarily because no major real estate developer has been offering such a convenient payment plan. In addition, DHA City Karachi has seen major development, with many sectors already in advanced development stages. The project looks potentially rewarding in terms of experiencing a surge in rates.<\/p>\n

Check out the payment plan that was given out at the time applications were being filed:<\/p>\n\n\n\n\n\n\n\n\n\n
Plot Type<\/strong><\/td>\nProcessing fee<\/strong><\/td>\nBase Price<\/strong><\/td>\nDown Payment (10%)<\/strong><\/td>\nSixteen equal quarterly instalments<\/strong><\/td>\n<\/tr>\n
125 square yards<\/td>\nPKR 8,000<\/td>\nPKR 3,750,000<\/td>\nPKR 375,000<\/td>\nPKR 210,938<\/td>\n<\/tr>\n
250 square yards<\/td>\nPKR 10,000<\/td>\nPKR 7,500,000<\/td>\nPKR 750,000<\/td>\nPKR 421,875<\/td>\n<\/tr>\n
300 square yards<\/td>\nPKR 12,000<\/td>\nPKR 9,000,000<\/td>\nPKR 900,000<\/td>\nPKR 506,250<\/td>\n<\/tr>\n
500 square yards<\/td>\nPKR 15,000<\/td>\nPKR 15,000,000<\/td>\nPKR 1,500,000<\/td>\nPKR 843,750<\/td>\n<\/tr>\n
600 square yards<\/td>\nPKR 18,000<\/td>\nPKR 18,000,000<\/td>\nPKR 1,800,000<\/td>\nPKR 1,012,500<\/td>\n<\/tr>\n
1000 square yards<\/td>\nPKR 20,000<\/td>\nPKR 30,000,000<\/td>\nPKR 3,000,000<\/td>\nPKR 1,687,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Post ballot predictions<\/strong><\/p>\n

In any housing society, plot that are smaller in size are always more attractive for investors. It is often these plots where the asking profit is higher. Since DHA doesn\u2019t share information about the number of plots it has on offer according to size before the ballot, we can\u2019t tell if small-sized plots are fewer in number.<\/p>\n

In addition, with smaller amount to be submitted as down payment and an affordable quarterly instalment, small sized plots always interest a bigger number of genuine buyers. So, it is likely to be the successful applicants of 125<\/a>-, 200<\/a>– and 300-square yard plots<\/a> who will ask for higher premium.<\/p>\n

Investment tip<\/strong><\/p>\n

Due to the taxes incorporated last year, many folks refrained from making any investments. This sluggishness in the market brought property prices down in almost all cities of Pakistan. In DHA City Karachi, property rates<\/a> also plunged by 20% during the last several months.<\/p>\n

A drop of 20% means that rates can potentially go up by 20% and that too in a rather short term. This makes now a pretty appropriate time to invest in DHA City Karachi.<\/p>\n

Have a thought about this piece? Share your feedback with me in the comments section below.<\/p>\n","protected":false},"excerpt":{"rendered":"

DHA City Karachi announced in April that it was launching new plots – and the time has come for the ballot to officially take place. Preparations are underway for the event to take place on June 14. Numerous applications were received for the limited number of plots that went on offer, all available through a convenient four-year payment plan. The computerised ballot will be held on June 14, at DHA Country & Golf Club in DHA Karachi, at 3:00 pm. The ballot will be transparent and executed through the system used in all DHA projects. With DHA City Karachi\u2019s experienced team, which has been carrying out these tasks in the past, we expect to see an efficiently conducted ballot. Hopefully, the ballot results will be shared on the DHA Karachi\u2019s website soon afterwards. If you are looking to attend the ceremony, please note that it is open to public. Details on plots included in the ballot The plots launched in April on a four-year payment plan were an irresistible deal for many, primarily because no major real estate developer has been offering such a convenient payment plan. In addition, DHA City Karachi has seen major development, with many sectors already…<\/p>\n","protected":false},"author":18,"featured_media":26268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3877],"persona":[],"class_list":{"0":"post-26262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-and-investment-tip-for-dha-city-karachi-as-it-prepares-for-plot-ballot"},"acf":[],"yoast_head":"\nDHA City Karachi prepares for ballot as investors gear up for big buys - Zameen News<\/title>\n<meta name=\"description\" content=\"DHA City Karachi announced in April that it was launching new plots - and the time has come for the ballot to officially take place. 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