Citi Housing Faisalabad Phase 2 Possession Updates and Market Situation

Citi Housing Faisalabad is another successful chapter in the series of Citi Housing Projects located on Sargodha Road near to Motor Way. Citi Housing offers the true concept of elegant living in a gated community where aesthetics, convenience, and practicality are all combined to create the most modern, world-class housing project in Faisalabad City. According to the recent updates Citi Housing Faisalabad has announced the plot possession availability for Phase II. The market situation of property sector in Faisalabad was a record lukewarm with investment going down but after the General Elections 2018 there has been observed a change in market trends and growth. The notion of overselling associated with Citi Housing projects is also a factor why plots in the society are not much preferred by investors who like to play safe.

The impact of Possession Availability

The society has declared complete possession for four blocks namely, A, B, C, and D. However the possession news did not have a huge impact on Citi Housing Faisalabad market, as investors decided to test the waters for upcoming Citi Housing Multan and this is a major attribute why investment after possession announcement did not pick up pace in the area.

Market Rates

Market rate of residential plots in Citi Housing Phase II has been stable for a while and they haven’t changed after the announcement of possession:

Market rate of residential plots in Citi Housing Phase II has been stable for a while and they haven’t changed after the announcement of possession:

Plot size      Price range in PKR

Citi Housing Faisalabad is expected to show some profitable activity and housing potential in near future as the General Elections have ended and a lot of investment insecurity has clouded away.

For more information and updates on Citi Housing Faisalabad contact Apex Group to make your dreams come true.