Updated on 4th Feb 2019 :
Wapda Town Society elections are expected in March/April 2019, after which some positive development is expected on Wapda Town Phase-III issue.Even things go straight into the favor of investor , still one years is minimum expected time for any sign of balloting. Shakh-e-Madina area is expecting some development in near future but currently nothing concrete is observed on ground.
Wapda Town,once pride of Multan housing societies is under hot water since the launch of Wapda Town Phase 3 Multan. Grave issues such as NAB intervention surfaced as investors were anticipating for heavy returns.In past Multan real estate investors experienced handsome returns in Wapda Town Phase-I and II.Society once enjoyed status of being“first choice for renting /buying houses/plot in Multan”,now facing humiliation in the face of new societies such as DHA Multan,Royal Orchard,Crystal Homes etc.Many believes that Wapda Town Phase 3 Multan dreadful situation is caused by new entrants in Multan real estate market and it was important to interrupt Wapda Town decent reputation before entering into one of the largest cities of Punjab province.Such allegations rose to maximum especially in case of DHA Multan which was launched about that time.
In 2017,it was announced that disputed matters are resolved and balloting to be expected around end of 2017 , society chairman advised file holders to keep their installments updated so their files can be included in upcoming balloting . Such balloting never happened so far.
Current status :
While investor still waiting for confirm balloting date,current talk of the town is that NESPAK has attained contract for society development which is shortly to be commence.Such news/rumors can only relieve investors for time being and strengthen their trust in Wapda Town management team.Currently market is not ready to fall into a new snare especially in case of Phase 3 as society is facing roller coaster rid since its commencement.Currently sale / purchase is open and market expecting a clarity around end of this year.
Zimaydar point of view :
Despite of all past drawbacks,real estate market still believes that Wapda Town Phase 3 Multan will bounce back to top once again and investors are advised to hold their files (if no urgent need of cash as selling rates are down).Many estate advisers looks at it as “ buying time opportunity “ for Phase 3.
Do you have any questions about it? Write to us at support@zimaydar.com
38 comments
Hashir
when will balloting start in wapda town phase 3 multan
Admin
Balloting is no where in near future for Wapda Town Phase-III . Currently very few people giving their installments , since NAB issue , people stopped giving installments and now things are on a deadlock . Lets hope for the best in future
saad zafar
our country all projects are always in delay did not understand what is the reason but everything is consider to be late because no punctuality and thats not good thats why we are in this position
Admin
Yes sir , you are right , very few project deliver according to promised deadlines . Wapda Town Phase-III is one of the project which is been under great deal of doubts since its start . Lets hope issues clear soon for every one s benefit
zahra zafar
Wapda Town,once pride of Multan housing societies is under hot water since the launch of Wapda Town Phase 3 Multan.EVERYWHERE NEW issues like kala bagh dam here the grave issue why all this dont understand
Adnan Asim
It is a very Informative Blog post. I”ve to finding some informative site to get information about the real estate in Pakistan. And your website also has very huge information about the real estate in Pakistan. Thank you for sharing.
akhtar
Issue khatam hain wapda phase 3 ky or issue hain kia?
Admin
Wapda Town Phase-III is still at same position , no positive news so far. Specially in current situation , real estate sector is under constant pressure, multiple societies are under NaB investigation and Wapda Town is one of them . Lets hope for the best
Fahim Khan
AoA I am member of society, paying installments regularly and requesting for acknowledgment of receipt of installments. I have not received any acknowledgement, please send. Thanks.
Waqas
Hi,
I am interested to buy 10 Marla installment file, If someone want to sale please contact me at:
0304-759-0304
0312-621-621-0
waqas_1478@yahoo.com
Thank you
Admin
Thanks for your comments , your property demand is posted , kindly click on below link to check property
http://zimaydar.com/properties/10-marla-file-wanted-in-wapda-town-phase-3/
Regards
Team Zimaydar
Farhan Iqbal
Hi.
I want to know that what’s the reason behind delay is commencement of Wapda town 3. And how much time will it take to come out from the investigation of NAB.
Thanks…
Admin
Sorry Farhan , currently nothing is clear regarding Wapda Town 3 , lets hope for the best
Mohammad Altaf
Property matters in Pakistan are always doubtful. I am keeping kanal file and walking on sandy desert. If interested to buy call. 03314295417
Admin
Thanks for your comments , your property is posted on below link , All the other details of your account will be emailed through our official email account . You can make any changes through logging in through your user account
http://zimaydar.com/properties/kanal-plot-file-for-sale-in-wapda-town-phase-3/
Regards
Team Zimaydar
Abdullah Sheikh
What is current rate of 8 Marla instalment file in wapda town phase 3
Admin
Thanks for your message , till our last information , premium on files are down to 20-30K , Price fell from 60-70K Premium . Even buyers in current market are hard to find due to infamous reputation Wapda Town phase-3 earned in recent years
Regards
kayani
what is the current position of development in Wapda town phase 3 Multan i have heard some good news about it in Rohi news channel can you please share furthur information
Admin
Thanks for your comments , can you please share news you heard on Rohi channel for our readers ? . Regarding current status , so far not much positive news for wapda Town Phase- 3 in market . Waiting is best strategy so far
Regards
Hashir
what is the current status of wapda town phase 3 multan i have heard some news in Rohi channel can you please give furthur information
Admin
Thanks for your comments , can you please share news you heard on Rohi channel for our readers ? . Regarding current status , so far not much positive news for wapda Town Phase- 3 in market . Waiting is best strategy so far
Regards
Kayani
Ok thank you so much
waqar
sir,
tell me about balloting , position ,and current status,have you resolve further black list issue from govt , and finaly now 5 marla value.
Admin
Thanks for your message,balloting situation is not clear , not in near future and 5 marla plots are on average ~15-20 Thousand premium amount
Regards
Team Zimaydar
Christie
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Nauman Shah
Hello, may I know that when the 2019 elections gonna held for Wapda Town Multan. Plus, I would like to know that the administration of Wapda town has some political influences?
zubair
Providing new platform for property buyers and investors. Specially overseas person want to have these kind of pages to get fruitful info.
Request to readers, if you have some update regarding Wapda Town Ph 3, plz share with all. Thanks
muhammad irfan
sir,
any update about commercial plot . please
Admin
Dear Irfan ,
Currently balloting is not confirmed which makes commercial and residential both plots under uncertainty . We need to wait for further clarification
Regards
Jasmine
This is my first time visit at here and i
am in fact pleassant to read everthing at single place.
Raheel
Sir, Any update about balloting for residential plots
Admin
No update regarding balloting date so far . Still things are not going well on wapda Town Phase – 3 side
Regards
Team Zimaydar
Saqlain
Any update of ballotting of plots in WECHS Phase 3?
Admin
Thanks Saqlain for your comment , we are sorry to inform that no good update from Wapda town Phase-3 .Things are standing still and no balloting date announced so far
Regards
Team Zimaydar
IMRAN HUSSAIN
I am interested to buy 10 Marla file, If someone want to sale please contact me at:
03008671725,03338333398
Admin
Thanks Imran , for your query , we are publishing a free ad as Wanted Property on our website so interested genuine sellers can contact you
Regards
Team Zimaydar
kayani
any good news about wapda town phase 3 multan
plz inform me what is current status of it
Farhan Iqbal
What’s the latest situation of Wapda town phase-3?
Does the balloting has completed or not?
How much time does it take to commence allotment of plot…