Paradise city: DHA City masterplan unveiled to real estate agents
By Saad Hasan
KARACHI: On Wednesday at exactly 10 am, the master plan for the Defence Housing Authority (DHA) City Karachi or DCK was revealed to real estate agents and investors.
The residential project is located 56 kilometres from the city and is being constructed at the cost of one billion dollars. It is spread over 11,640 acres of land and will be self dependent for water and electricity – at least when the first batch of owners build their houses in the next four years.
While referring to the 25,000 plots sold in 2010, DHA Administrator Brig. Aamer Raza Qureshi said that by going public with the master plan, he hoped that the people would start paying up their installments. He added that they still hadn’t received around 30% of them. The project is expected to attract a total investment of over three billion dollars ….
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