Defence Housing Authority (DHA) has a historic footprint in Pakistan’s real estate due to its top-notch project delivery with strong legality. Among the many new DHA projects, DHA River View South is gaining attention among investors due to the variety of plot sizes it offers and a flexible payment plan suiting every type of buyer. DHA RVS is a part of DHA Phase 4, incorporating the modern facilities associated with DHA. It falls within the premises of Rawalpindi, specifically on Adyala Road. The location is ideal since it provides connectivity to DHA Phase, M-2 Motorway, as well as Rawalpindi Ring Road.
In addition to this, it is also connected to known housing societies such as Bahria Town and Royal Palm City. This allows residents to travel to both Rawalpindi and Islamabad.
DHA RVS Plot Sizes
Pakistan. River View South is an extension within Phase IV mainly for residential development that provides a variety of plot sizes to suit a range of buyers, from smaller family homes to larger premium residential plots. It offers four plot sizes, which are:
- 5 marla
- 7 marla
- 10 marla
- 1 kanal
DHA RVS Payment Plan
DHA RVS has designed a flexible payment plan in which buyers are provided with multiple options. They can choose to pay the full amount upfront or spread payments over time. The main features of the plan include:
- Investors can get plots at the lowest prices if they pay the full plot price upfront since it does not involve installment markup.
- The plan also provides 3 types of installment plans: 1, 2, or 3-year plans, which split the cost into a smaller down payment made upfront with each longer plan. The down payment is then followed by quarterly installments needed to be paid after every three months until the plan is complete.
- Choosing a longer plan generally means a lower quarterly payment, but a higher total plot price overall, since spreading payments out over more time adds to the final cost.
| Size | Plan | Total Plot Price (PKR) | Down Payment (PKR) | Quarterly Installment (PKR) |
| 5 Marla | Lump Sum | 6,154,688 | — | — |
| 1 Year | 6,459,188 | 1,104,188 | 1,338,750 | |
| 2 Years | 6,763,688 | 1,153,688 | 701,250 | |
| 3 Years | 7,068,188 | 1,203,188 | 488,750 | |
| 7 Marla | Lump Sum | 8,615,763 | — | — |
| 1 Year | 9,042,063 | 1,545,063 | 1,874,250 | |
| 2 Years | 9,468,363 | 1,614,363 | 981,750 | |
| 3 Years | 9,894,663 | 1,683,663 | 684,250 | |
| 10 Marla | Lump Sum | 11,769,875 | — | — |
| 1 Year | 12,353,500 | 2,089,750 | 2,565,938 | |
| 2 Years | 12,937,125 | 2,184,625 | 1,344,063 | |
| 3 Years | 13,520,750 | 2,279,500 | 936,771 | |
| 1 Kanal | Lump Sum | 21,462,750 | — | — |
| 1 Year | 22,528,500 | 3,786,000 | 4,685,625 | |
| 2 Years | 23,594,250 | 3,959,250 | 2,454,375 | |
| 3 Years | 24,660,000 | 4,132,500 | 1,710,625 |
Factors Influencing Plot Prices
Multiple factors affect the plot prices, some of which are described below:
- Location within the society: Plots with additional features such as boulevard facing or close to commercial centers are priced higher.
- Corner plot prices: Corner plots, due to their position, involve a 10% extra from the standard price.
- Filer Status: Prices in the payment plan are for active tax filers. Late filers and non-filers pay extra government taxes besides the base price.
- Taxes: DHA charges and government taxes, including Punjab Sales Tax and 1.5% advance tax, are already included in the prices.
DHA RVS offers four different plot sizes with both options of full upfront payment and 1,2 and 3-year installment plans. However, longer yearly installment plans result in higher prices than shorter installment plans or full upfront payments. Safra Developers is the strategic sales partner of DHA RVS, and its team of experts can guide you through the entire process. We can be contacted at www.safradevelopers.com or at the office.