The prices of plots in the housing society are reasonable as you get a 5-marla residential plot for sale in Model Town Multan for as low as Rs. 35 lacs. However, this is the base price of a residential plot that can change depending on the size, type and demand.
For example, if the standard 1 kanal residential plot costs Rs. 1 crore, a corner 1 kanal plot for sale in Model Town Multan may cost a few lacs more.
The difference in prices of plots is due to the demand as well because some plots in the housing society are generally in more demand compared to other plots in the area. If the demand for a plot is higher, it will increase the price of a specific plot.
The same can be said about commercial properties, as higher demand may cause the price of a particular plot to increase, which makes it more expensive than other plots in the housing society.
The prices may change a bit, but it all depends on the demand for real estate in the area. If the demand is higher and supply is lower, it will probably result in the appreciation of both residential and commercial plots for sale in Model Town Multan.
Model Town Multan plot prices are on the higher side when compared with nearby housing societies like Wapda Town where a 10-marla residential plot usually has a starting price of Rs. 70 lacs. In contrast to Wapda Town, the plots in Model Town are generally a little more costly as the same 10-marla residential plot in Model Town may cost more than Rs. 80 lacs on average.
The prices in Model Town are also higher than PIA Employees Housing Scheme, where a 10 marla residential plot typically starts from Rs. 60 lacs.
The reason behind this price difference between these societies is the provision of modern and better facilities in Model Town compared to other neighbouring areas.
This neighbourhood in Multan has both residential and commercial plots that are available for sale. These residential and commercial plots have different sizes.
Generally, the residential plots in Model Town are available in sizes like 5 marla, 10 marla and 1 kanal.
The commercial plots have different sizes with 2 marla as the commonly available choice for the buyers.
Following are some of the areas situated near Model Town Multan.
Place |
Distance From Model Town Multan |
Mall of Multan |
2.1 km |
METRO Multan |
4.3 km |
Bahauddin Zakariya University |
4.6 km |
FIA Cyber Crime Wing Multan |
2.7 km |
Chase Up Mall |
3.8 km |
This neighbourhood is one of the best places to buy a plot in Multan as you get all the facilities and the prices are reasonable when compared with upscale housing communities like DHA Multan. Besides the prices of plots for sale in Model Town Multan, buying the residential and commercial plots is a lucrative investment option as prices may go up in the future, but any increase in the price relies on the real estate market condition. Hence, if you’re considering buying a plot in the city, Model Town is a great place to buy a residential or commercial plot.