{"id":14490,"date":"2015-06-23T16:41:37","date_gmt":"2015-06-23T11:41:37","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=14490"},"modified":"2017-12-11T12:30:47","modified_gmt":"2017-12-11T07:30:47","slug":"bahria-town-marked-for-the-development-of-lahore-ring-roads-southern-loop","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/bahria-town-marked-for-the-development-of-lahore-ring-roads-southern-loop.html","title":{"rendered":"Bahria Town marked for the development of Lahore Ring Road\u2019s southern loop"},"content":{"rendered":"

\"Lahore<\/a><\/p>\n

Many of Bahria Town\u2019s stakeholders were confused about the route of Lahore Ring Road (LRR)\u2019s southern loop when it was announced<\/a> a few weeks ago. I think the wait is over now, as the authorities concerned have marked Bahria Town for the development of the LRR, which will actually run through the locality and will likely acquire the properties that fall within its route.<\/p>\n

Mr Sheikh Salman Khalid of Brothers Real Estate & Builders told Zameen.com that Bahria Town\u2019s Iqbal Block, Rafi Block and Tulip Extension would most likely be affected by the development of LRR and that the authorities concerned had marked the houses and plazas that would be razed to make way for the highway.<\/p>\n

See the images below:<\/p>\n

\"Marking<\/a> \"Marking<\/a> \"Marking<\/a><\/p>\n

He also said the Bahria Town authorities were in the process of negotiating with the government to minimise the area affected by LRR. He told Zameen.com that Bahria Town would compensate those affected by the construction of the road.<\/p>\n

The questions arising here are: what will be the compensation rate? Will it be according to market value? How many investors and homeowners will be affected? Where will they be given alternate properties, if any? There are no particular answers at the moment and guessing is pointless, but our hope is that Bahria Town\u2019s management will let stakeholders know what is going to happen sooner rather than later.<\/p>\n

The map below highlights LRR’s route:<\/p>\n

\"Lahore<\/a>
Click to enlarge the image<\/figcaption><\/figure>\n

I believe if Bahria Town is already in talks with the government, it probably means that the developer is taking the matter seriously and is actually thinking about the property owners who will be affected. The developer may have planned the society keeping LRR in mind, but as it stands, this seems like a sticky situation to be in.<\/p>\n

I would suggest investors and homeowners in Iqbal Block, Rafi Block and Tulip Extension keep a close eye on developments and wait until Bahria Town comes forward with a compensation plan. You must be worried about your properties, which is completely rational, but it is highly unlikely that Bahria Town will leave you hanging so my suggestion would be not to worry until there are more facts available.<\/p>\n

At the same time, I would like to congratulate the investors and homeowners in other blocks of Bahria Town, who will finally enjoy the juice of LRR\u2019s southern loop.<\/p>\n

Please share you thoughts regarding LRR\u2019s markings in Bahria Town with us in the comments section below.<\/p>\n","protected":false},"excerpt":{"rendered":"

Many of Bahria Town\u2019s stakeholders were confused about the route of Lahore Ring Road (LRR)\u2019s southern loop when it was announced a few weeks ago. I think the wait is over now, as the authorities concerned have marked Bahria Town for the development of the LRR, which will actually run through the locality and will likely acquire the properties that fall within its route. Mr Sheikh Salman Khalid of Brothers Real Estate & Builders told Zameen.com that Bahria Town\u2019s Iqbal Block, Rafi Block and Tulip Extension would most likely be affected by the development of LRR and that the authorities concerned had marked the houses and plazas that would be razed to make way for the highway. See the images below: He also said the Bahria Town authorities were in the process of negotiating with the government to minimise the area affected by LRR. He told Zameen.com that Bahria Town would compensate those affected by the construction of the road. The questions arising here are: what will be the compensation rate? Will it be according to market value? How many investors and homeowners will be affected? Where will they be given alternate properties, if any? There are no particular answers…<\/p>\n","protected":false},"author":14,"featured_media":14492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[1402,1544,1542,1648,1431],"persona":[],"class_list":{"0":"post-14490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-lahore-ring-road","8":"tag-lahore-ring-road-southern-loop","9":"tag-lrr","10":"tag-planning-and-development","11":"tag-southern-loop"},"acf":[],"yoast_head":"\nBahria Town marked for the development of Lahore Ring Road\u2019s southern loop - Zameen News<\/title>\n<meta name=\"description\" content=\"Many of Bahria Town\u2019s stakeholders were confused about the route of Lahore Ring Road (LRR)\u2019s southern loop when it was announced a few weeks ago. I think\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/bahria-town-marked-for-the-development-of-lahore-ring-roads-southern-loop.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bahria Town marked for the development of Lahore Ring Road\u2019s southern loop - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Many of Bahria Town\u2019s stakeholders were confused about the route of Lahore Ring Road (LRR)\u2019s southern loop when it was announced a few weeks ago. 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