Our Update On Butch Executive Villas
Whenever someone asks for the proof of Multan’s booming real estate, give them Buch Executive Villas as they are the essential part of the recent meltdown in Multan real estate.
In this article, we are going to give you latest updates on the society. Give them a solid read if you are planning to make a safe land investment in Pakistan real estate.
The Current Trends and Demand Mystery Revealed:
According to Brothers Real Estate Property Consultant, Kashif Nazeer Chaudhary, the demand for property is not that much at its peak in the current market. While, there are rumors that due to the provision of gas connections in the society, the prices are gradually increasing. The proprietor thinks that whenever the gas connection has arranged by society, the prices will jump because it is the only the Gas amenity that the society is required.
There is a huge demand for houses with the purpose of rent in the society. The proprietor has claimed that the houses will be rented out soon.
The Truth About Development and Construction:
While talking about the development progress, Chaudhary told us that it’s been heading in the right direction and the society has done a great job in this aspect. The parks of the society are beautifully designed and wide roads are constructed with an underground electric wiring.
This project has its own electric powerhouse along with sewerage and underground electric wiring.
According to his estimate, 40-50% of the houses in the society has already been constructed with the majority of inhabitants in these houses. Our last update has focused that the cinema is working properly and the mall has been constructed. A Balochis tan Property Linker CEO Iqbal Baloch said that the market in this mall is currently under development. Moreover, there is no work done on the planned country club and food street.
5-marla (Double Story): PKR 7,000,000 – 7,500,000
5-marla (Single Story): PKR 5,000,000 – 5,500,000
5-marla (Double Story): PKR 11,000,000 – 12,000,000
5-marla (Single Story): PKR 7,500,000 – 8,000,000
10-marla: PKR 13,000,000 – 15,000,000
17-marla: PKR 22,500,000 – 23,500,000
1-kanal: PKR 25,000,000 – 26,000,000
5-marla: PKR 3,250,000 – 3,800,000
5-marla: PKR 4,800,000 – 5,600,000
10-marla: PKR 6,500,000 – 7,500,000
17-marla: PKR 10,000,000 – 11,000,000
1-kanal: PKR 12,500,000 – 14,000,000
These prices are for first seven blocks and Block H was launched recently has lower prices that range between PKR 550,000 and PKR 600,000 per Marla.
Genuine Buyer or Investor?
Ashraf Khan Tareen suggested that the society has always interested in genuine buyers. Chaudhary has similar thoughts and explained that there is no change in prices and hence the interest of investors is low. While there are some investors in the society who lives there and do buying or selling property according to the market situation. Moreover, the builders are also keenly interested in the society in constructing villas.
According to Chaudhary, the most profitable block with the perspective of investment in the current market is Block E and 5, 7.5 Marla Villas are most famous for being profitable.
Your Key to Success: What to Expect in the Future:
According to Chaudhary, there is little distance of society from DHA Multan and Baha Uddin Zakariya University. There is a huge chance that the prices will go up in the near future after the development and improvement of basic amenities. The prices may go up as high as PKR 1 million per Marla.