Bahria Karachi Updates

Buying Property Investors Advice
#1

Oct 2017 Paradise (Precincts: 46 - 57) Balloting done. Map released. DEVELOPMENT STARTED

May 2017 Bahria Paradise Launched

Feb 2016 Bahria Sports City Launched (Precincts 31-44)

03-Dec-2015 Bahria Heights and Golf City Balloting done.

28-Sep-15 Detailed Precinct wise Maps released.

11-Sep-15 Partial Balloting done. Second round to follow soon.

Jun 2015 Jinnah Avenue Commercial Launched

01-Mar-15 Possession given for Midway Commercial and Precinct 1.

Feb-2015 Bahria Golf City Launched

05-Feb-15 Malik Riaz commits to build 53 kms expressway from the Tower to Bahria Town worth PKR 70 billion within 11 months.

23-Jan-15 Balloting of Midway Commercial and Quaid Villas

07-Aug-14 Malir Development Authority approves BTK's further land acquisition of 3366 acres making the total acquired land = 4696 acres as if now.

23/03/14 Initial applications Balloting done.

22/03/14 Bahria Karachi Map is RELEASED!!!

15/03/14 15 billion project of rapid bus transit system from Bahria to Tower.

15/02/14 Overseas block will be launched on 21/02/14

Location: 9Km from Super-Highway (M9) toll plaza.

25 minutes from Jinnah International Airport, Connected through MalirCantt via 6 lane expressway.

#2

Residential Plots

125 SqY = 1,725,000 Token 150,000

250 SqY = 2,850,000 Token 280,000

500 SqY = 4,650,000 Token 350,000

1000 SqY = 8,600,000 Token 550,000

2000 SqY = 18,500,000 Token 960,000

1 Like
#3

Commercial Plots

125 SqY = 12,500,000 Token 2,500,000

200 SqY = 19,900,000 Token 3,600,000

250 SqY = 24,900,000 Token 4,600,000

#4

Apartments

2 Bed (950 SqFt) = 2,660,000 Token 266,000

3 Bed (2250 SqFt) = 6,300,000 Token 630,000

4 Bed (2950 SqFt) = 8,260,000 Token 826,000

#5

Homes

125 SqY = 4,200,000 Token 420,000

200 SqY = 4,900,000 Token 590,000

#6

The location is on superhighway near the site of DHA City Karachi

#7

Is this token BTK price OR the price in the open market paid by plot buyers?

Thanks

#8

Token money has to be submitted against the product which you wish to apply for ie residential villa or commercial,the discount will be later adjusted of 150000 in installment,prices are comparatively reasonable if we compare them to twin cities of rwp and Islamabad market,due to obvious reasons as per the market in Karachi and specially in the adjacent dha society where Bahia is being proposed,

i had three forms bought till date,will sale one and will let go two in the till

#9

@ MBS, i have already got registration(15,000 PRK) now wana apply for 250 Sqrd plot. My question is " Token amount" has to be deposited with "Booking form" now? or after successful Balloting?

Please clarify my understanding.

Kind regards,

#10

You have to deposit the money with the booking form,malik sahab ka wohii hisab ha,,,manoo paisa vikha mera mood bunaa,,balloting my foot,every one will get the desired land,

he can buy acres in thousand,zardari is in his pocket

#11

Yes u have to pay the token money now. The catch is the word "Token Money" not Down payment.

Now that means its not guaranteed that you will be allotted a plot by paying the token money. Bahria has the option to accept or return it.

The refund will be given after ballot and the ballot date is not disclosed yet.

#12

I am not sure if the location will actually be the same as proclaimed in the ad. Because if you remember when they launched bahria enclave, they advertised it to be Opposite Park Enclave, when the site was actually 10 km away from it.

So keeping that precedent in mind, I wouldn't be surprised if its built opposite to DHA City or farther down the highway.

Lets see, what happens but its gona be an exciting roulette gamble next few months :)

#13

Itz such a beautiful gamble in which bahria is the winner as usual.

#14

@ Mr.MBS & Mr.Adnan,

So kind of you brothers for this clarification.

Does this Token Money will be included in the Face value of Plot? or its another "Jagga Tax"?

Regards,

#15

Is it confirmed that the token is refundable?

#16

I would assume it should be refundable considering the first communication of bahria when they launched it. However, the processing fee will not be refundable.

#17

@Naeem yes it will become part of the payment if you’re successful in ballot.

#18

Caution: I have NO Real Estate Experence

imagine out of thousandsss only 50 people standing in front of bahria H/Q protesting ...

We bought a form for 200k

we need a plot not a 10k refund

(purchi = plot)that is what registration was ment for

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so every purchi will be entertained

and my opinion is that insted of BT khi parchi buy opal & Hoshang parchi for less than 200k and get a 500k discount by applying in BT Khi plot

BT can buy more land to accommodate all...nothing to lose...

Seniors kia kahtay han????

#19

Sorry, according to my knowledge they will give a plot to each and everyone in Bahria Town Karachi Residential, as they always do, but, Hoshang and Opel have less chances as in those buildings flats, residential and commercials will be limited in number.

Gambling in ON in Bahria town.

#20

@ MBS ,thank you for prompt response.

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