Just after the news of Computerized Balloting for allotting Plot Numbers to Residential/Commercial Plots of DHA City Karachi (DCK) on 23rd April 2013, there is prompt jump in the prices of all the categories and there is no confirm seller. Everyone wants to hold their file for the taking full advantage of this price hike.
If you are looking to buy or sell plots in DHA City Karachi,
then contact CITI Associates at 0300/0321-8299101 or email at firstname.lastname@example.org
Now it is quite interesting to see what exactly will happen after the balloting. This balloting news was not expected specially at this time, when we have just 20 days remaining for the General Elections 2013. Previously many times people were depending on this kind of news and prices took rise on the rumors of balloting news but actually it didn’t happened.
This time, with the confirm news of balloting, market already took an adjustment of this and price already increases 20-30%. Before this news in A-Category Files (Army) were not available in the market and because of this non-availability prices already jumped in A-Category files. On the other hand, Allotees (Civilian, Staff etc) are holding their files to see the after-effect of Balloting. There is no confirm file available in the market and the one that are available, people are demanding higher ON Money as per their wish.
Now the actual rates will settle after the balloting and it will take few days to settle down the market. There are many other factors, mainly the elections and after election effect will play the major role for the stability of the market. Here is the ON Money update for 21st April 2013 (Just Today Only) as per the trading done today:
- 200 Square Yards –14.5~15 Lacs
- 300 Square Yards –14~14.5 Lacs
- 500 Square Yards –15~15.5 Lacs
- 1000 Square Yards – 12~13 Lacs
- 2000 Square Yards – 11~12 Lacs
- 200 Square Yards – 11~12 Lacs
- 300 Square Yards – 10~10.5 Lacs
- 500 Square Yards – Cost~Cost
- 1000 Square Yards – Not Available
- 2000 Square Yards – Not Available
Full Paid Benefit File (Residential):
- 200 Square Yards – 20~21 Lacs
- 300 Square Yards – 23~23.5 Lacs
- 500 Square Yards – 32~33 Lacs
Note: Mostly files traded in the size of 200, 300 and 500 square yards. It does not mean that other categories are not available, but normally these sizes are traded and are available for sale and people are ready to buy files of these sizes. Other large plot may be allotted in balloting but not available frequently in the market.
These prices are provided by Mr. Muhammad Shafi Jakvani, CEO – Citi Associates. Above mention prices are subject to change any time according to their demand and supply and (ON Money) price can be change either side in the open market, depend on the volatility of the market. And there is no guarantee of any kind of price variation.