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In past two to three years there have been seen a considerable progress in the real-estate sector of Multan. The development of new housing societies like WAPDA Town, Fatima Jinnah Town, MDA Employees Welfare Housing Society and the most recent residential project, DHA which is yet to be launched, has given a boost to the real estate sector of the city. In such high-profile areas, the houses will be constructed by the renowned architects in Pakistan.
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Will Metro Bus Project Effect Real Estate Market in Multan? In past two to three years there have been seen a considerable progress in the real- estate sector of Multan. The development of new housing societies like WAPDA Town, Fatima Jinnah Town, MDA Employees Welfare Housing Society and the most recent residential project, DHA which is yet to be launched, has given a boost to the real estate sector of the city. In such high-profile areas, the houses will be constructed by the renowned architects in Pakistan. With so many residential and commercial projects underway, Multan is likely to grab the attention of the nearby investors from Bahawalpur and Muzaffar Garh. However, recently another mega project which is thought to be the big boost in the infrastructure of the city is Metro Bus Corridor. After its successful launching and working in Lahore and Islamabad, Metro Bus venture is going to move into another socioeconomic hub i.e. Multan. As per plan, the corridor will be 18.5 kilometers long and 12 kilometers high from the ground. It will start from Bahauddin ZakariyaUniversity and will end at Chowk Kumharan. Metro Bus is certainly going to improve the life style of the people of Multan as it will facilitate teachers, students, laborers, doctors and women to travel easily and on economical fares from one place to another within the city. This way, the Metro Bus project is going to boost the real- estate sector of Multan, especially of those areas which are located near the bus route. The corridor would have various stops in its route to pick up passengers. The Metro Bus project in the other two major cities of Pakistan like Lahore and Rawalpindi has improved the transportation system to a greater extent, as a lot of travelers’ load is divided which earlier used to create a traffic jam on the roads. For the investors, who have plans to invest in the city, it is the best time to avail the golden opportunities as with the proper commencement of DHA project and Metro Bus venture, there will be seen a tremendous rise in the property prices. Check out the best locations and housing societies in the city, draw a thorough comparison which must include the price per Marla, locality standard and off-course its value in the next few years.