DHA City Karachi (DCK) stands as a monumental achievement in the annals of Karachi’s real estate, with an expansive landmass encompassing a staggering 11,640 acres. Among this vast expanse, approximately 5,000 acres are now made available for allocation to diverse categories of prospective residents. Notably, this marks a significant departure from the traditional practices of the Defence Housing Authority (DHA), for the first time offering civilians a direct avenue to secure a plot within their precincts.
Historically, DHA primarily extended plot allocations to Armed Forces Officers, who, in turn, possessed the option to divest their property to civilians within the open market. Prior to the advent of DHA City Karachi, non-military personnel were precluded from applying directly to the DHA authority for plot allocation. In the context of DHA City Karachi, civilians are empowered to acquire Army category plots from the open market and undertake the transfer of these plots into their own name within the “B” Category of Membership. It is noteworthy that distinct pricing structures exist for Armed Forces and civilians.
DHA Karachi also demonstrates its commitment to its dedicated workforce by conferring plot entitlements in the Staff Category. DCK boasts more than ten distinct plot categories, each accompanied by unique pricing schemes, offering flexible installment plans spanning ten to twenty years.
DHA City Karachi’s distinctiveness transcends its sheer scale, encompassing a sprawling territory of approximately 11,640 acres. By way of comparison, DHA Karachi’s current expanse spans 8,500 acres, encompassing all phases from Phase I to Phase VIII. This underscores the sheer magnitude of DHA City Karachi, significantly surpassing its DHA Karachi counterpart. The development of DCK will be articulated through the creation of 17 sectors, an endeavor to be realized over the course of ensuing years.
For those contemplating the acquisition or disposition of plots within the confines of DHA City Karachi, we cordially invite you to make contact with Khawaja Enterprise at info@dhacitytime.com.
LOCATION
DHA City Karachi is located on Super Highway. Construction of road linking Super Highway and Airport have shorten the travel time. It is connected to existing DHA through National Highway and link road linking Super Highway just short of DHA City Karachi.
INITIAL BALLOTING
From the balloting till today, 6 years have been passed. In the first couple of years i.e. 2010 and 2011, the market was complete dull and there was no plot file transactions in the market. One major reason of this was that there were two different prices for the same plot i.e. Army Officers plots was balloted at half price from the Civilian Category. The Civilian Category plots prices were in minus because those Army Officers files available in the market for sale and they agreed to sale their files at little price premium.
After the two dull years, market started to take off in early 2012 and price premium starts on Civilian categories plot. Initially, it was at breakeven price, like what the payment has been made to DHA the seller can get this only. The market started to move with 50k price premium, then 100k price premium and so on.
During 2015, the prices went up by almost 100% and the upward trend continues. There was a temporary slow down at the end of the year 2015, but starting 2016 prices have again begun to rise. This is due to investor’s confidence in the scheme and a strong return on investment (ROI).
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MASTER PLAN
