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Wapda Town-Investment potential in Phase III

By Khalid

Wapda Town is one of the top notch residential societies in Lahore. With many people vacating in this society, the place has become of immense importance for the city of Lahore. Houses for sale in Wapda Town can be found through our website which has a detailed list of all the properties which are available for sale and purchase. Wapda Town in Multan opened the doors to the international standards which had to be followed like no one else did that before. Wapda Town defeated Multan real estate market just before DHA Multan appeared to rescue. However, despite the interest which people had in DHA, Wapda Town continued to have an increase in the fan following.  Phase I and II are doing really well however as for the third Phase the demands haven’t really been that high. Phase III is located right next to DHA Multan and the plot sizes include houses of 5 marla, 7 marla, 10 marla and 1 kanal plots.

Is phase III concrete on its feet?

There were many legal issues in the beginning which have been resolved which is why it is definitely correct to say that it the phase is back on its feet after going through a legal turmoil. However, it is important to make a note of the statement which was issued by Mr. Qassim Bhatti, who is the chairperson of Bhatti properties that the legal issues took longer than expected to complete and the results were not much satisfactory even then. He described that the current administration and management had caught up with legal formalities which needed to be processed. Which is why the process slowed down and the activity within the phase wasn’t much responsive.

However as per the official statement issued by the administration of WAPDA employees cooperative housing society, Multan made an important announcement that the process of acquiring land and the final transfer of the property files for Wapda Town Phase III has started. The buyers were immediately notified to get their plot files verified from Wapda Town office. The management of WAPDA town society appointed representatives in different offices for the verification of plot files. Well the society has much potential which is healthy.

Well as for the investment potential in Phase III, is relatively low as per the official statement issued by Mr. Bhatti. the tough competition which is given be DHA is a difficult thing to combat. As for the investment opportunities in the sector the situation is always fluctuating. However as for the files and number of houses which can be registered in DHA, there will be a time when that number will not increase anymore and then people will have to churn to different societies. At that point of time, if Phase III will be in a good scenario then we expect the number of registered plots increasing.

The prices at the moment in Phase II currently stand between PKR 170,000 and PKR 200,000 per marla.

Investment Options

In accordance with the statement issues by Mr. Bhatti, he said that the goodwill and worth of Wapda Town is good in the market which is why people can look for better opportunities in this region. However, a very important thing which has to be noted here is that any person who is considering to invest in the real estate sector of Wapda Town, has to go and finalize a long-term plan, because owing to the condition of Wapda Town in that city, things are skeptical and it will take some time for the society to stand concrete on its feet.

Similarly, he also suggested that the people who have already invested in that area need to take care of their investment so that the situation is under control for both the parties. Mr. Bhatti also explained that many people had taken back their investments because the profits were extremely low but now recommends everyone to make wise choices and not to take back their investments as they will certainly mature in near future.

Well, if you are looking forward to invest in Wapda Town Phase III then feel free to contact us and the management of Wapda Town Housing Society.

Keep reading our blogs for more updates on the Hot Properties in different cities of the country.

In accordance with the statement issues by Mr. Bhatti, he said that the goodwill and worth of Wapda Town is good in the market which is why people can look for better opportunities in this region. However, a very important thing which has to be noted here is that any person who is considering to invest in the real estate sector of Wapda Town, has to go and finalize a long-term plan, because owing to the condition of Wapda Town in that city, things are skeptical and it will take some time for the society to stand concrete on its feet.

Similarly, he also suggested that the people who have already invested in that area need to take care of their investment so that the situation is under control for both the parties. Mr. Bhatti also explained that many people had taken back their investments because the profits were extremely low but now recommends everyone to make wise choices and not to take back their investments as they will certainly mature in near future.

Well, if you are looking forward to invest in Wapda Town Phase III then feel free to contact us and the management of Wapda Town Housing Society.

Keep reading our blogs for more updates on the Hot Properties in different cities of the country.

In accordance with the statement issues by Mr. Bhatti, he said that the goodwill and worth of Wapda Town is good in the market which is why people can look for better opportunities in this region. However, a very important thing which has to be noted here is that any person who is considering to invest in the real estate sector of Wapda Town, has to go and finalize a long-term plan, because owing to the condition of Wapda Town in that city, things are skeptical and it will take some time for the society to stand concrete on its feet.

Similarly, he also suggested that the people who have already invested in that area need to take care of their investment so that the situation is under control for both the parties. Mr. Bhatti also explained that many people had taken back their investments because the profits were extremely low but now recommends everyone to make wise choices and not to take back their investments as they will certainly mature in near future.

Well, if you are looking forward to invest in Wapda Town Phase III then feel free to contact us and the management of Wapda Town Housing Society.

Keep reading our blogs for more updates on the Hot Properties in different cities of the country.

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