25 June, 2018
Multi Professional Cooperative Housing Society
Apex Team
Housing Schemes
Multi Professional Cooperative Housing Society (MPCHS) Multi Gardens in Sector B-17 has been a constant presence in the Top 5 hot residential projects in Islamabad. This housing scheme has also shown consistent growth in its price. To add to its lucrativeness, the developers of this project have been rising it persistently and besides the issues in Block D the project has given no reason for disappointment to its clients whether genuine buyers or investors.
It is not unexpected that significant excitement exists about the launch of Block G and the prospect of availability of installment plots. The news has been around for a while. Firstly, it was likely that the block will be launched before Ramadan. When it wasn’t, the expectation was that it will be launched during Ramadan. Though, the latest update is that it is going to be launched right after Eid. The launch can be expected within 10 to 15 days after Eid-ul-Fitr. The block will be launched in last week of June or start of July.
Installment plots
The plots on offer will offers 5-Marla, 8-Marla, 10-Marla, 14-Marla and 1-Kanal plots. The 5-Marla plots are going to be priced around PKR 2.445 million the 8-Marla plots will be priced PKR 2.885 million the 10-Marla plots will be available for PKR 3.785 million the 14-Marla plots will be priced at PKR 4.685 million finally, the 1-Kanal plots will be priced at PKR 6.36 million.
After the down payment, the remaining amount can be paid in 16 quarterly installments. It should also be noted that these amount include development charges. Below are the complete details of the Payment Plan:
Plot Size |
5 Marla |
8 Marla |
10 Marla |
14 Marla |
1 Kanal |
|---|---|---|---|---|---|
Down Payment |
685,000 |
735,000 |
835,000 |
935,000 |
1,080,000 |
Installments 16 |
110,000 |
135,000 |
185,000 |
235,000 |
330,000 |
Member Ship Fee |
10,000 |
10,000 |
10,000 |
10,000 |
10,000 |
Total |
2,445,000 |
2,885,000 |
3,785,000 |
4,685,000 |
6,350,000 |
In case of lump-sum payment, you get 21% off, 5-Marla plot will priced at PKR 1.93 million, 8-Marla plot is priced at PKR 2.29 million, 10-Marla plots are available for PKR 2.99 million. For 14-Marla plots you will have to pay PKR 3.71 million, and 1-Kanal plots can be had for PKR 5.02 million. So if you are looking for relatively easy investment in MPCHS B-17, you may want to wait for that.
Investment & Return
Investment in Block G will mainly suit small-scale, long-term investors. Currently the development is taking place in the blocks where possession has become available. So it will take a little time before development begins here. It is estimated that anyone looking to invest in Block G of MPCHS B-17 will have to wait for about 18 to 24 months for the maturity of their investment – naturally, the returns will be high.
Another reason he offered to invest in MPCHS B-17 was that Blocks G and F are going to be the nearest blocks to the motorway interchange. So these two blocks will see a rise in their values in future.
Are you looking to invest in MPCHS Multi Garden, B-17 or Do you have any questions about it? We are here to assist you contact us at Apex Group “Converting Dreams into Reality”
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