A couple of experts have advised me Bahria is running on thin air. Artificial prices and dealers are playing with overseas Pakistanis who have limited understanding of property game in Bahria. I was advised to go for a solid investment where growth is natural. Where should I invest with 70 lac. 2-3 year investment.
Im unsure of this information ali saab. One thing is that their has been an artificial price across most of Islamabad including bahria this past year. This includes b-17 and even dha valley also. Prices in bahria may have extremely hiked but they will drop alittle to adjust and correct themselves but I don't think they will burst! especially if its possession.
in my opinion you can potentially invest in f-15, g-15 for decent return as development is good, location perfect and road access is awesome. You may need to increase your budget so this maybe an issue in g-15 but its worth it though...
Mr Abdul is right that prices may correct themselves at some stage and it is difficult to see a price crash particularly where possession is available.
Mr Ali is also right that the recent price hike seems to be without any fundamental reason, inflation is fairly stable and peoples income have not increased much in the last couple of years so it seems that the price hike is artificial and somebody is trying to create a bubble, and BT is the prime suspect as it has a lot of clout, financial resources, it has a lot of landholding, contact with land mafia and it will be the prime beneficiary. Obviously price rise in a particular society will have a ripple effect on the rest of the areas, therefore prices have gone up pretty much everywhere but who is behind it, that is the question.
Malik Riaz potential suspect!
Whoever the suspect is, dosen't mater, Bahria may have been over prices but he it the only man who is providing the facilities which we people can only dream of while living in Islamabad even, Security, Clean Water, No load shedding, beautiful landscaping, street lights, and cinemas, restaurents, each and everything you just name it. Plus, i aggree with you to some extent that there may be a bubble in some areas such as Bahria Enclave, Bahria Phase 8 Extension files, M and N Blocks, but not in Safari Valley and other blocks which are ready for possession, files prices might come down.
You should consider, Bahria Enclave 10 marla on installments, Bahria Residencia or G-13.
@Ali, for a very solid investment in your budget, you can go for an excellent location 30x60 plot in G-15 with some extra land…
My suggestion..dont put all the eggs in one basket : distribute your investment in :
Top City - block F ,Sangjani Islamabad and DHA isb .
BlueDoctor, i second you on that, Bahria and Top City both are good option if one invests in both rite now. Secondly, brother why you specifically said Block F of Top City ? Can you pls explain. I have a 10 marla plot in Block F.
@ As bludoc saab has mentioned. An investor must diversify by default!
I agree to doctor sab
Dont think the bubble will burst. Every one is investing in property because of the devaluation of rupee and simply no one trusts the banks any more so unless we solve that than bubble might burst. As we all know its not going to happen anytime soon because with that allot of other things are attached like security situation and all these loans we are having so i guess just sit tight and enjoy this ride for another 4 to 5 years by than if we have a country left than the bubble might burst… .
I have recently bought a plot in f1 bahria,10marlaz,though i am myself a very skeptical person,when it comes to money issues,but after waiting for months,i went for bahria,reason being Bahria is an empire now,with slim chances of things going upside down,due to time constraints and little know how of property transfer steps,bahria came up to be the most transparent just with a click of a button,plot transfered rather then going through the filthy system employed by the state,thats was the main plus for me,and alhamdullah in a week i have been quoted on an average 1week a day appreciation,which might not and obviously wont remain uniform,but with the grace of god i am sure it wont let me down,i dont have much fortune to build a home and stay in bahria ,so obviously i ll sell it at some point,but i know even in terms of residence it will prosper,wide streets,efficient services at your door step,think in context of the elite who dont mind paying for a user friendly service at their door step,i my self live in g10/1 isloo,apart from having a charm of living in the capital,what else we are being provided scarcity of water.electricity,congested locations,to me these things do make a difference,we are in different times where mentality have changed and we want innovation in our life style,and their is no dearth of richies in Pak,Adnan
Very Nice Critics Adnan, i second you on that.
Well said Adnan.
It's surprising for me that critics of bahria property price hike can't see that if in E-12 price of 10 marla can cross 10 million where nothing is on the ground from last 20 years then why not developed area of bahria Enclave should be 10 million considering project and development started just couple of years ago.While non- possesion areas just touched 6 lakh per marla by now in BE.Also look at g-14 prices, they have not started development yet and prices are there as 8 lakh per marla too.Critics of Bahria projects should visit these projects and compare it's prices with their expensive secotors, then they would know why prices of bahria projects rising continuously.
If you want to split your investment in to 2 or 3 parts you can consider i14 and i16 have low risk and good return plus investment in f16 having high risk high return.And if you are risk averse then consider g15 f15 awt bahria dha.I will suggest you to make a portfolio of investments such that reducing your overall risk and maximizing your returns.
Bahria enclav is illegal as per CDA if god forbid something happens to MALIK Riaz whoever invest in bahria willl be in trouble NO NOC CDA warning in newspaper but still people risking there hard earned money in BOOM.I am surprised when i see in jang,BAHRIA karcahi memebership transfer GOD bless pakistan,dont know whwere location is selling papers in market earning billions pf dollars from poors and now making more money by just transfering the paper and no concentration on location,what i can sya GOD BLESSS PAKISTAN.
Mr. Arshad there are two things which contibute into the price of society. One is development standards and second is location. Even with bad development in I-14 price of 7 marla plot is higher than phase 8. I -11 is almost double in rates than phase 8 due to its location. Now only phase -8 and B-17 prices are increasing and definitely correction is due. Both are good for long term but may be not for short term
Whatever, but Bahria is much better than CDA and RDA, they are at least providing facilities which are not available in Islamabad, the Capital of Pakistan, there are many haters, plus they are many positive and negative things in Bahria Town, rates may be artificial at some places but in developed areas prices will not drop even if the bubble burst.
I think location wise i14/i16 is lot better than bahria but development standards in bahria are best in industry.My question is that bahria can keep these atandard in long run are they sustainable.