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Syed Ibrhaim
( 1434 posts )

[91 Replies]
What can be the main reasons that schemes like Bahria Enclave is now a days in loss and plots are selling in market on loss?

    3385 days ago In Property Evaluation
    Post Answer
    Syed Ibrhaim
    (1434 posts)
    Best Reply
    Hm, thanks all for precious replies. Well I agree with all of you I think so investors are also a part of that loss as I know people who purchased 10 or 15 files and they were thinking that it will give them a big profit but after announcing rates were not stable and for a 10 marla plot you have to pay 288000 after every two months. So it was not possible for them to pay that installment for 10 or 15 plots and they start selling it in loss.

    Bahria is an isolated community we have a very simple example Bahria Town phase 1 which is 100 percent developed you can get a kanal plot there in 60 lac however in any of CDA old sectors you cant get a 7 marla plot in that price even in g-13 and g-14/4 you will get 8 marla or 10 marla plot in that price.

    Dear Khalid, NOC is not the main reason as there lay out plan has been already approved so they will get NOC however case on Malik Riaz can be a big reason plus one thing else. Bahria is one man show and people always trust on government semi government organizations.

    Sometimes i think that what will be future of Bahria Town after Malik Riaz.
      3382 days ago 

      Mazhar
      (10 posts)
      This is just a broker's game. It will increase after July.
        3383 days ago 

        MBS
        (1157 posts)
        Because Bahria has ever increased its supply. phase 8, 9 etc. Bahria Enclave is also isolated community I guess, no population around?

        These are my personal views only.
          3383 days ago 

          OKha
          (156 posts)
          I guess because bahria has not gotten an NOC from CDA yet for Bahria Encalve and also because there is a court case going on against Malik Raiz for land grabbing and I guess the most important reason no one is sure when Bahria Encalve will get completed.
            3383 days ago 

            Faisal
            (225 posts)
            Dear Ibrahim,

            I wonder is it the only reason that Malik Riaz playing one man show? I think there is complete real state mafia playing behind it. It's normal that in every Bahria sector they reduce the rates to 40-50% and start buying to earn profits. Property market is same like stocks.
              3382 days ago 

              Syed Ibrhaim
              (1434 posts)
              Dear Faisal,

              Basically Bahria is a heaven for investors you know. Bahria is a hot cake for investors. Whenever a new project announced by Bahria in market everybody is talking about them investors make a hype in market but after a few months when they shifted there investment to another Bahria scheme the existing scheme stuck its rates.
                3382 days ago 

                OKha
                (156 posts)
                Dear Ibrahim,

                Agree with you that one man show issue is also a big reason... but guess this reason is only valid for under development schemes like Bahria Enclave the Bahria schemes that are already developed e.g. Safari Villas etc. should not get affected by the one man show factor as Bahria is now a very big organization and have lots of qualified professionals running the show now.
                  3382 days ago 

                  Syed Ibrhaim
                  (1434 posts)
                  Yes I was talking about developing area so I agree with you.
                    3382 days ago 

                    Mazhar
                    (10 posts)
                    So guys what do you suggest, should we keep our plots or sale to brokers on loss of 250 thousands?
                      3381 days ago 

                      M. Anis Mugh..
                      (1 post)
                      Bahria downfall is because of mismanagement and one man show. He wants what he want to play. Again again imposing charges on allotted property and not completing the projects in time.
                        3380 days ago 

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