{"id":15997,"date":"2015-09-09T18:01:16","date_gmt":"2015-09-09T13:01:16","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=15997"},"modified":"2017-12-11T12:30:38","modified_gmt":"2017-12-11T07:30:38","slug":"balloting-in-bahria-town-karachi","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/balloting-in-bahria-town-karachi.html","title":{"rendered":"Balloting in Bahria Town Karachi"},"content":{"rendered":"

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

Bahria Town Karachi is truly a city within a city. A number of people from across the country, as well as overseas, have invested in the locality and are certainly looking forward to bagging monumental returns. I believe the time is not far for that to happen.<\/p>\n

The developer has planned to hold balloting of plots, homes and apartments on September 11, 2015. According to Mr Sajid Rana of The Estate Arts, out of 16 instalments, six have been paid off by property holders. Only those properties that have paid all six of these instalments will be a part of the balloting.<\/p>\n

After balloting, owners will be able to trace the locations of their properties and the rate of any property in question will be valued as per its address.<\/p>\n

For your convenience, the payment plan for residential plots, homes and apartments in Bahria Town Karachi is given below.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Description<\/strong><\/td>\nSize<\/strong><\/td>\nToken<\/strong><\/td>\nTotal<\/strong><\/td>\nQuarterly Instalment (First)<\/strong><\/td>\nLast Instalment<\/strong><\/td>\n<\/tr>\n
Residential Plots<\/strong><\/td>\n125 sq yards<\/td>\nRs 125,000<\/td>\nRs 1,725,000<\/td>\nRs 90,000<\/td>\nRs 80,000<\/td>\n<\/tr>\n
250 sq yards<\/td>\nRs 280,000<\/td>\nRs 2,850,000<\/td>\nRs 152,000<\/td>\nRs 145,000<\/td>\n<\/tr>\n
500 sq yards<\/td>\nRs 350,000<\/td>\nRs 4,650,000<\/td>\nRs 260,000<\/td>\nRs 255,000<\/td>\n<\/tr>\n
1000 sq yards<\/td>\nRs 550,000<\/td>\nRs 8,600,000<\/td>\nRs 500,000<\/td>\nRs 405,000<\/td>\n<\/tr>\n
2000 sq yards<\/td>\nRs 960,000<\/td>\nRs 18,500,000<\/td>\nRs 1,100,00<\/td>\nRs 895,000<\/td>\n<\/tr>\n
Bahria Homes<\/strong><\/td>\n125 sq yards<\/td>\nRs 420,000<\/td>\nRs 4,200,000<\/td>\nRs 228,000<\/td>\nRs 215,000<\/td>\n<\/tr>\n
200 sq yards<\/td>\nRs 590,000<\/td>\nRs 4,900,000<\/td>\nRs 261,000<\/td>\nRs 250,000<\/td>\n<\/tr>\n
Bahria Apartments<\/strong><\/td>\n2 Bed<\/td>\nRs 266,000<\/td>\nRs 2,660,000<\/td>\nRs 140,000<\/td>\nRs 149,000<\/td>\n<\/tr>\n
3 Bed<\/td>\nRs 630,000<\/td>\nRs 6,300,000<\/td>\nRs 346,000<\/td>\nRs 335,000<\/td>\n<\/tr>\n
4 Bed<\/td>\nRs 826,000<\/td>\nRs 8,260,000<\/td>\nRs 456,000<\/td>\nRs 449,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

As you may know, the recent Rangers-led operation in the city against the land mafia reportedly upset Mr Malik Riaz, the man behind Bahria Town Karachi. Rangers officials claimed that the Sindh government had allotted land to Mr Riaz at nominal rates, an assertion he denied right way.<\/p>\n

This issue spurred confusion among investors, which consequently affected sale-purchase activity in Bahria Town Karachi. According to Mr Rana, the issue also caused prices of properties to drop in the locality.<\/p>\n

However, Mr Rana said he is very hopeful that activity and prices will start rising in the near future. Possession is expected to be handed over within 2.5 years.<\/p>\n

During a recent visit to the society, I saw first-hand that development work is underway at a good pace. In fact, there was not a single site where development work was not being carried out. Now that the developer is all set to ballot properties in what is one of the most high-end housing communities in Karachi, investors should expect to see a surge in property prices.<\/p>\n

Let\u2019s see what happens after balloting. Until then, if you have any queries about Bahria Town Karachi, please feel free to have conversation with me in the comments section below.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bahria Town Karachi is truly a city within a city. A number of people from across the country, as well as overseas, have invested in the locality and are certainly looking forward to bagging monumental returns. I believe the time is not far for that to happen. The developer has planned to hold balloting of plots, homes and apartments on September 11, 2015. According to Mr Sajid Rana of The Estate Arts, out of 16 instalments, six have been paid off by property holders. Only those properties that have paid all six of these instalments will be a part of the balloting. After balloting, owners will be able to trace the locations of their properties and the rate of any property in question will be valued as per its address. For your convenience, the payment plan for residential plots, homes and apartments in Bahria Town Karachi is given below. Description Size Token Total Quarterly Instalment (First) Last Instalment Residential Plots 125 sq yards Rs 125,000 Rs 1,725,000 Rs 90,000 Rs 80,000 250 sq yards Rs 280,000 Rs 2,850,000 Rs 152,000 Rs 145,000 500 sq yards Rs 350,000 Rs 4,650,000 Rs 260,000 Rs 255,000 1000 sq yards Rs 550,000 Rs 8,600,000…<\/p>\n","protected":false},"author":14,"featured_media":16002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[1941,1942],"persona":[],"class_list":["post-15997","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-bahria-town-karachi-balloting","tag-bahria-town-karachi-news-and-updates"],"acf":[],"yoast_head":"\nBalloting in Bahria Town Karachi - Zameen News<\/title>\n<meta name=\"description\" content=\"Bahria Town Karachi is truly a city within a city. 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