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DHA City Karachi Balloting Results for Residential Plots Short Ballot 2017

Posted by mimran on June 12, 2017
| 0

DHA City Karachi has finally announced the balloting date for limited residential plots. Thousands of people registered for this short ballot 2017 from all over Pakistan as well as abroad in April 2017

Read Also: DHA City Karachi New Booking Details, Plot Prices and Booking Procedure

As per the announcement, DHA City Karachi is going to conduct open computerized balloting of residential plots on 14th June, 2017 at DHA Country & Golf Club, DHA Karachi.

As per the claim, the balloting will be:

  • Transparent
  • Credible 
  • No Categorization

The ballot ceremony will take place at DHA Country & Golf Club in DHA Karachi at 3:00 pm. The event is open to public while invites have also been sent to special guests who will honour the ceremony with presence.

The list of successful applicants for DHA City Karachi plot will be uploaded on their website shortly afterwards.

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 in advanced development stages. The project looks potentially rewarding in terms of experiencing a surge in rates.

Check out the payment plan that was given out at the time applications were being filed:

Plot TypeProcessing feeBase PriceDown Payment (10%)Sixteen equal quarterly instalments
125 square yardsPKR 8,000PKR 3,750,000PKR 375,000PKR 210,938
250 square yardsPKR 10,000PKR 7,500,000PKR 750,000PKR 421,875
300 square yardsPKR 12,000PKR 9,000,000PKR 900,000PKR 506,250
500 square yardsPKR 15,000PKR 15,000,000PKR 1,500,000PKR 843,750
600 square yardsPKR 18,000PKR 18,000,000PKR 1,800,000PKR 1,012,500
1000 square yardsPKR 20,000PKR 30,000,000PKR 3,000,000PKR 1,687,500

Post ballot predictions

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’t share information about the number of plots it has on offer according to size before the ballot, we can’t tell if small-sized plots are fewer in number.

Click here to View Result Of DHA City Karachi 

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