Brothers!!! How Much Jump Can Bahria Town RWP can take From this excitement???
@ Humayyun
Depends upon how big game starts by heavy investors as MR will give lucrative incentives to play big.
The question is: BTK has more attraction for MR but He will not let phase-8 dying against DHAs and other good societies.
I am guessing 15-20% rise in phase-8 in near future. Just my 2 cents. But I am still waiting on the output of something which has happened already in phase-8 but I still I am not in Pakistan.
@ Abdul qayyum Bhai I agree MR will not let Phase 8 to die in the hands of DHAs, But I think it will be the ultimate truth that One day Bahria 7-8 will be Acquired by DHAI.
Secondly i think Work on RRR has not started yet, But it will start sooner, that will give DHA3 & Bahria 8 a central location towards the New airport.
Thirdly i came to know asad umer is going to further devalue PKR against USD. So I hope for a good return in 1 year span
@AQ & @ Humayyun Raja
I often see this comment that "ultimate truth that One day Bahria 7-8 will be Acquired by DHAI."
I cannot understand that what is the basis of this conclusion and also what benefit DHAI will get by acquiring Phase7-8? Moreover Why will Bahria let that happen?Plz explain
@ Zarkon
There are few Factors, First of all DHA Is Authority, same As CDA, RDA, KDA Etc. An authority has far more powers as compared to a Just Private limited Company, Bahria town Pvt Ltd in this case.
Secondly Once upon a time Malik riaz tried to De-market DHA by stucking it in DHA Valley. As pnality bahria had to pay big money & some of its land to DHA to ease the tension is relation.
Thirdly if you see the map. You will find bahria phase 7 & 8 in center from all DHA Phases. DHA 1 at one side, DHA3 at second, DHA4 at third side & DHA 2 On upper side. So it doesnt seems stranger if some one sayd Bahria will be purchased by DHA ultimately. As bahria town PVT LTD is solely dependant on Malik riaz.
Its my personal opinion. May b it doesnt happen in future.
All of my comments relate to the fact " if Malik Riaz is not on the horizon then what happen to bahria town". A lot of people think like that and I replied several times that bahria has a very strong and professional management team to keep this golden hen laying golden eggs alive. There are retired generals, brigadiers, colonels and lower ranks getting salaries from half a crore to multi- lacs range. We see private banks surviving for centuries.
My whole point is " if bahria still fails after MR, then DHA will take it as it has took a lot of bahria already!
If not then containment is there to take over if not then coop system is there to take care of it.
Cantt is maintaining westridge on fairly good standards already.
Nobody will grab developed part of bahria to anywhere else!
Malik Riaz once again cleared himself in BTK and will get a clear tag from Takht Pari and Enclave.
So friends do not worry about MR as his son Ali Riaz has almost taken over gravely his papa's functions and a full retired brass is stuck together behind his back.
Hammayun bhai as part of the title DHA has name 'Authority' but that doesn't mean anything, like Smart City Doesn't mean a City equivalent to ISB, RWP etc. CDA/RDA etc. are governmental authorities to make and implement the regulations, while DHA is not. DHA must follow CDA regulations.
You can see how Kamran Kiyani made a complete fool out of that authority in broad day light in the name of DHA City. They are just like another private venture but as one of the most reputed brand, nothing less and nothing more.
BTs and DHAs to say the least have been in a head to head competition in RWP/ISB and DHA only sees potential in non-developed parts of BT (preferably P8) as those could be somehow snatched from BT at dirt cheap and then DHA having them developed as per their standard to sky rocket the prices. In that area development progress and magnitude is not an issue but land acquisition is the biggest challenge. The more P8 developed, lesser the charm for DHAs to take over and sooner BT get defaulted (if that ever happens) DHA will be there to pounce on the non-developed part. For developed and sold part its a liability rather than any asset.
AQ sb,
Good thing for BT is tat MR is still the guy at the center and calling the shots. More than anything else leadership, caliber and attitudes what matters. MR have them, somehow and he fought each bit to get BT-KHI out and now Enclave and Takht Pari are Mickey mouse show compared to the horror movie BT had been seeing in KHI.
The day Ali Riaz guy takes over and starts calling the shots, BT's roller-coaster will only go in one direction and that is downwards. I have hardly heard anything positive from him. As you have also mentioned
"Ali Riaz conducted meeting with his star dealers but it was only one point agenda...the collection of dues to bahria town.... What I could tell is that Ali Riaz was very serious to get back due funds to bahria even a very big developer's gigantic project in phase-8 has been forcefully halted by bahria and he has to pay double figure crore to bahria."
Dues collection is of-course necessary but there is always a graceful way of doing thing. This guy must understand that there are a lot of people who have been suffering due to non delivery by BT.
@ Zarkon . Yes DHA Islamabad is authority and bill has been passed by National Assembly and passed by Senate.
The Allotment letter of Dha is a Valid document accepted as collateral nation wide in every bank and institution.
And on the top of all its it is the safe heaven for every one as it is free from illegal Qabza .
And lastly invest in a phase of Dha Islamabad phases only. Avoid investing in Joint ventures like Dha valley , Dha city etc.
For sure u will have worry free and risk free investment with great potential of growth with the passage of time.
Imtiaz sb.
For MR and his close team, decency is a relative term. He has shown decency on a lot of occurrences where killing of people was justified to get the BT entrance gate!
Besides, land mafia is another lot where decency is not supposed to work.
I am not siding MR but things in our country do not obey decent ways to get the big things done.
Be it land mafia or MR types, grace is forbidden land.
This mega project, I talked about is defaulter of 80 crore!
In the very same meeting, Ali Riaz praised the clean dealers, too.
I could mention names here but then it would be a personal disclosure, sir.
AQ sb, even leaving the decency aside there are some rules of engagement to successfully do business in an environment like Pakistan. For sure developers need to keep the finances incoming to keep the show running.
I may be wrong, totally with my perceptions but Ali Riaz guy, as things stand now doesn't seem to be the stuff that can run the country wide BT show, post MR era...
Yes Ali Raiz not the type to run the whole BT show across the country as we seen him in the past doing hobbies harmful to his own body.....
But important is the team which has perfected the BT, we see it in recent time!
Without team work, it was an impossible task, even MR was loaded with an unparalleled wisdom.
18,000 employees team has been doing wonders and hopefully will continue the same.
For sure that’s a team effort and it has been over the decades. Unfortunately, an incompetent leader can compromise massive efforts of any team.
Regarding the Authority part in DHA, not sure how on Earth a non-government project developer can be an Authority beyond his own project. Real authorities with city/tehsil wide enforcement and regulation are CDA, RDA etc. DHA under CDA (specific Zone) and DHA being a legal Authority in itself, the equation doesn't sound to add up, unless I am missing something obvious. Of-course one never knows the govt is full of bluff masters. If they can make a joke out of Presidential Awards on National Day they can pull any stupid trick out of their hat.
As far as legal value and pledging of documents is concerned, any legal property without litigation and with required terms and conditions as prescribed in the constitution is fully valid and accepted by banks/institutes as a bond.
Yes, sir, DHA was legally an authority just for 3 months under an ordinance. No legislation in parliament afterwords.
" Sher ki marzi hay unda de ya bacha dey".
Who can question them?
It was DHA -2 Islamabad then DHAI and r !
The only difference between DHA and Bahria is that DHA does not have Taji Khokhars to settle its matters, otherwise it is as brutal as bahria when it comes to poor investors and Shaheed's families in DHA valley.
They are delivering now but after how much suffering of plot owners!
AQ sb,
very true, each one have a Taji Khokhar of their choice...
"The only difference between DHA and Bahria is that DHA does not have Taji Khokhars to settle its matters, otherwise it is as brutal as bahria when it comes to poor investors and Shaheed's families in DHA valley."
Just a hint of the lot:
ڈی ایچ اے حکومت کے اندر حکومت ہے، سپریم کورٹ
https://www.urduvoa.com/a/dha-audit-/4829163.html
مارچ 14, 2019
ڈی ایچ اے کراچی کو 200 ارب کی زمین تین ارب میں الاٹ کر دی گئی
https://www.urduvoa.com/a/dha-city-karachi-land-scandal-/4405404.html
مئی 26, 2018
ڈی ایچ اے پشاور: زمینوں پر بزور قوت قبضہ کیا گیا، متاثرین
https://www.urduvoa.com/a/dha-peshawar-/4393668.html
مئی 15, 2018
ڈی ایچ اے سٹی لاہور: ہزاروں متاثرین، اربوں کا فراڈ
مئی 08 2018
https://www.urduvoa.com/a/dha-city-lahore/4384570.html
What so ever Dha remains authority and worthy .
With all due respect,
Authority only as part of the name, as others having names Top City/Smart City doesn't make them any City. At-least, no one can stop anyone from having whatever registered name. In Capital there is only one authority that is CDA with its constitution and necessary mandate to enforce and implement regulations city wide, nothing more and nothing less.
Regarding the worth, yes as far as financial worth - no denial! I am no one to preach any morality, as I may be the least qualified to do so, however, when worth is measured in terms of progress on the sufferings of others (Mafia: whoever/whatever that may be), we get serious social/justice issues as a nation, i.e., the ones we are experiencing and suffering from! With all that mess in broad day light, 'worth', unfortunately sounds quite out of place.
Being unbiased somehow can serve the credibility better...
Authority is not part of the name. It became Authority after a bill passed by National Assembly and approved by Senate of pakistan. And let me repeat again as DHA itself is an Authority and powers are vested and controlled directly by GHQ.
Authority within its own Jurisdiction, land and framework, nothing beyond! No interference or regulation and enforcement in any other project whatsoever that CDA can and may exercise.
To be precise, let me put the facts straights as the Ordinance says and ensures DHA is under and must comply to CDA regulations in particular CDA zones!
-----
http://nasirlawsite.com/laws/dhaio.htm
The Defence Housing Authority Islamabad Ordinance, 2005
ORDINANCE II OF 2005
** Time/year of the Presidential Ordinance must be noted 2005, remember who was the President at that time??
Ordinance below, explicitly says it all marked inside asterisk
------------------
-- (a) Purchase or procure any land in accordance with the Government rules on the subject, and where it pertains to Islamabad Capital Territory shall confine itself to Zones 2 and 5 or any other Zone (s) so prescribed by CDA for private Housing Schemes
-- Provided that in such Schemes in Islamabad Capital Territory, the Authority shall observe the Rules, Regulations, Bye-laws, etc. framed by CDA
-- ...Authority but subject to the approval of the Governing Body and where it pertains to Islamabad Capital Territory, shall be done with the concurrence of CDA
-- except in Islamabad Capital Territory where municipal functions shall remain with CDA as provided under section 11(5)
---------------------
The Defence Housing Authority (DHA) is a public benefit corporation that governs housing and municipal services for Defence neighbourhoods across Pakistan.
The above points from within the ordinance says that all, what is real Authority and what is on paper stuff for branding.
-- On a similar note, Pakistani constitution have a roller-coaster life. Under dictators, the constitution has suspended itself to legalise what was illegal to reward what was actually punishable... unfortunately.
If it was still PPP + MQM, BT would have been an authority of that sort too with whatever presidential ordinance and some shady legal cover.
I am reading here that DHA, as an authority was legislated in parliament post ordinance expiry?
Was it happened...when????
As per my little knowledge, nothing done in parliament???