Gulberg — Multan
Type: New Planned Housing Scheme (Gulberg Executive) | Developer: Faisal Asghar Enterprises Pvt. Ltd. | Authority: MDA Approved | Status: Under development
§Overview
Gulberg in Multan refers primarily to Gulberg Executive Multan — a modern, MDA-approved housing society developed by Faisal Asghar Enterprises Pvt. Ltd. This is a purpose-built residential community targeting Multan's growing demand for planned, gated housing with modern amenities.
Multan, known as the "City of Saints," is South Punjab's largest city and an important agricultural, educational, and industrial center. Its real estate market has historically lagged behind Lahore and Karachi but has seen accelerating demand driven by:
- •Population growth and urbanization
- •New motorway (M-5 Multan-Sukkur Motorway) connectivity
- •DHA Multan's establishment raising the bar for planned housing
- •Growing upper-middle-class demand for modern gated communities
Gulberg Executive Multan positions itself as a premium but affordable option — offering modern amenities at competitive prices compared to DHA Multan.
§Developer Background
| Detail | Information |
|---|---|
| Developer | Faisal Asghar Enterprises Pvt. Ltd. |
| Development contractor | SARCO (Sheikh Abdur Razzaq & Company) Pvt. Ltd. |
| MDA approval | Yes — Multan Development Authority approved |
| Similar projects | Developer has launched similar projects in other Punjab cities |
§Location
Address: Southern Bypass, Multan, Punjab, Pakistan
| Nearby Landmark | Distance |
|---|---|
| Southern Bypass (main road) | Direct frontage |
| Multan Medical & Dental College | Along Southern Bypass |
| Ibn-e-Sina Hospital | ~3 km |
| PIET (Pakistan Institute of Engineering & Technology) | ~3 km |
| Piran Ghaib area | ~3 km |
| Wapda Town Multan | Nearby |
| DHA Multan | Nearby |
| New District Court Complex Multan | Adjacent area |
Access to major road network:
- •Southern Bypass provides direct connectivity to main Multan routes
- •Proximity to M-5 Motorway interchanges
- •Future road upgrades planned in the Southern Bypass corridor
§Phase & Block Structure
Gulberg Executive Multan is developed in two phases, each divided into multiple blocks:
Phase 1
| Block | Character |
|---|---|
| General Block | Standard residential plots at standard pricing |
| Executive Block | Premium residential plots; higher specifications |
Phase 2
| Block | Character |
|---|---|
| Blocks A, B, C (and more) | Expanded residential and commercial |
| Commercial Zone | Shops, offices, F&B |
Full block breakdown detailed in:
§Plot Sizes Available
| Plot Size | Category |
|---|---|
| 5 Marla | Residential — Standard |
| 7 Marla | Residential — Mid-size |
| 10 Marla | Residential — Upper mid |
| 1 Kanal | Residential — Luxury |
Both residential and commercial plots available across both phases.
§Amenities & Features
Gulberg Executive Multan is designed as a self-sufficient community offering:
| Amenity | Status |
|---|---|
| Boundary wall | Complete |
| Main gate | Complete |
| Internal roads (main boulevard) | Under construction |
| Internal streets | Under construction |
| Sewerage and drainage | Infrastructure planned |
| Electricity | Planned via MEPCO (Multan Electric Power Company) |
| Gas (SNGPL) | Planned |
| Water supply | Community water supply planned |
| Schools (planned) | Educational institutes planned nearby |
| Hospitals | Ibn-e-Sina Hospital nearby; internal clinic planned |
| Parks | Green parks planned within blocks |
| Security (24/7) | Boundary wall security in place; CCTV planned |
| Mosque | Planned in each block |
| Commercial market | Planned commercial zone |
§Development Status
| Component | Status |
|---|---|
| Boundary wall | ✅ Complete |
| Main gate | ✅ Complete |
| Main boulevard | 🔄 Under construction |
| Internal roads | 🔄 Under construction |
| Plot demarcation | ✅ Complete (Phase 1) |
| Utility infrastructure | 🔄 Ongoing |
| Building construction (by buyers) | 🔄 Some buyers started |
| Land purchased by developer | ✅ Fully purchased and cleared |
Developer's commitment: Active developer involvement with stated goal of timely completion. Payment plan structured with quick possession delivery as a key selling point.
§Property Rates (2025–2026)
Phase 1 Rates
| Plot Size | General Block | Executive Block |
|---|---|---|
| 5 Marla | PKR 28–40 Lakh | PKR 35–50 Lakh |
| 7 Marla | PKR 40–60 Lakh | PKR 50–72 Lakh |
| 10 Marla | PKR 60–90 Lakh | PKR 75–1.1 Crore |
| 1 Kanal | PKR 1.2–1.8 Crore | PKR 1.5–2.2 Crore |
Rates based on available market data and developer pricing; verify current rates with IBECHS and authorized dealers
Payment Plan Structure
| Feature | Detail |
|---|---|
| Total installment period | 5 years |
| Payment structure | Quarterly installments |
| Down payment | Varies; typically 20–30% |
| Possession | After completion of installments |
§Investment Analysis
| Metric | Value |
|---|---|
| Annual appreciation (projected) | 15–25% |
| Rental yield (post-construction) | 3–5% |
| Liquidity | Medium |
| Risk level | Medium-High (under-development project) |
| Entry price | PKR 28 Lakh (5 Marla, General Block) |
| Best for | Early-stage capital gains; first-time Multan investors |
| Time horizon | 3–7 years |
Growth Drivers for Multan Real Estate
- •M-5 Motorway (Multan-Sukkur) — dramatically improved south Punjab connectivity
- •DHA Multan — established premium market; raised price floor across city
- •New District Court Complex — government investment near Southern Bypass increases area prestige
- •Population growth — Multan urbanization rate accelerating
- •University expansion — PIET and other institutions driving housing demand
§Taxes — Multan / South Punjab
Provincial Taxes (Punjab applies)
| Tax | Rate |
|---|---|
| Stamp Duty | 3% (Punjab) |
| Advance Tax on Purchase (filer) | 3% (Sec 236K) |
| Advance Tax on Purchase (non-filer) | 12% |
| Capital Gains Tax (open plot) | 15% |
| Capital Gains Tax (house, by holding period) | 5–15% |
MDA Property Tax
- •MDA-approved schemes follow Punjab Excise urban property tax system
- •Multan classified in lower ARV tiers than Lahore — lower annual taxes
- •Annual residential property tax typically PKR 3,000–15,000 for standard residential plots
§Legal Framework
| Aspect | Detail |
|---|---|
| Approval authority | Multan Development Authority (MDA) |
| NOC status | MDA NOC obtained |
| Land purchase | Complete — developer owns land |
| Title mechanism | MDA allotment + mutation |
| Registration | Sub-Registrar Multan |
§Sub-Sections
PPG Investments Team
Pakistan Property Guide