Rumors have evolved about the upcoming partnership of Islamabad with DHA ( Defence Housing Authority). If this is true, there is going to be a huge increase in buying/selling once the official announcement is made. The final negotiations between the Capital Smart City Authorities and DHA have finally been completed and the much awaited public announcement of Capital Smart City merger with DHA will take place by the end of June, 2019.
According to sources, DHA bought 35% of land from the developers of Smart City. This land will be allotted to defense personnel as per their own policies. It’s also being reported that the name of society will be changed after the official announcement is made. The new expected name is DHA Smart City.
The back story of this partnership starts when a few competitors started a malign campaign to defame a smart city and discourage investors to invest in a smart city. The management of smart city made a smart move and partnered with DHA to secure themselves in the long run. DHA is a well-established name and has a lot of successful projects across Pakistan. With DHA as a partner, Smart City is sure to reach soaring heights of success. It will not only strengthen the housing society but also gives a sense of security to people who are looking to invest in this project.
Investment Potential
Soon after the merger, property prices will rise up significantly as DHA brand name will apply its effect and even though the secure investment will lead to premium life, it’s smart to invest now in Capital Smart City residential plots to reap the rewards later. Capital Smart city will become popular and most sought after locality after the merger kicks off so beware of the price escalation and invest immediately.
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