{"id":25637,"date":"2017-04-28T10:27:40","date_gmt":"2017-04-28T10:27:40","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=25637"},"modified":"2020-01-22T06:35:11","modified_gmt":"2020-01-22T06:35:11","slug":"ballot-alert-bahria-orchard-phase-iv","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ballot-alert-bahria-orchard-phase-iv.html","title":{"rendered":"Ballot alert \u2013 Bahria Orchard Phase IV"},"content":{"rendered":"

\"\"<\/p>\n

Located opposite Bahria Orchard Phase I on Raiwind Road, Bahria Orchard Phase IV<\/a> is a recently launched project by Bahria Town Lahore. The location of the project is impressive because it is situated near Adda Plot – an area where an interchange of the Lahore Ring Road (LRR) will be built.<\/p>\n

The good news is that Bahria Town is going to ballot plots in Bahria Orchard Phase IV on May 15. Dealers with open forms for plots have been instructed to submit these forms by May 15.<\/p>\n

When it was launched in January, Bahria Town rolled out the following payment plan for different plot categories:<\/p>\n\n\n\n\n\n\n\n
Plot Size<\/strong><\/td>\nProperty Type<\/strong><\/td>\nBooking Price<\/strong><\/td>\nInstalments (Nine quarterly instalments)<\/strong><\/td>\nTotal Price<\/strong><\/td>\n<\/tr>\n
10 Marla<\/td>\nResidential<\/td>\nPKR 1,250,000<\/td>\nPKR 427,000<\/td>\nPKR 5,100,000<\/td>\n<\/tr>\n
1 Kanal<\/td>\nResidential<\/td>\nPKR 1,650,000<\/td>\nPKR 716,666<\/td>\nPKR 8,100,000<\/td>\n<\/tr>\n
5 Marla<\/td>\nCommercial<\/td>\nPKR 3,000,000<\/td>\nPKR 1,500,000<\/td>\nPKR 15,000,000<\/td>\n<\/tr>\n
10 Marla<\/td>\nCommercial<\/td>\nPKR 4,500,000<\/td>\nPKR 2,250,000<\/td>\nPKR 22,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Currently, 10-marla plots are being traded at a loss of PKR 100,000. On the other hand, you can become the owner of a 1-kanal plot by paying a profit of PKR 800,000 on the booking amount.<\/p>\n

Almost five hundred 1-kanal plots were launched in the locality, while the number of 10-marla plots was more than 2,000. The limited number of 1-kanal plots is one of reasons they are being traded at a profit.<\/p>\n

On the business side, different dealers are quoting different profit figures for commercial plots and I don\u2019t see the point in giving you all figures you can\u2019t rely on so I\u2019ll be skipping that entirely.<\/p>\n

Please note that if you buy a plot now, you will have to make the first down payment before May 15.<\/p>\n

Tip: <\/strong>If you want to buy a plot in Bahria Orchard Phase IV, do contact different property agents and scrutinise every aspect of what you\u2019re about invest in, especially profit figures, so that you don\u2019t end up making the wrong decision.<\/p>\n

Development work<\/strong><\/p>\n

According to a source, Bahria Town has already started development in the area. Sewerage infrastructure is complete and now ground levelling for the development of roads is being done.\u00a0 On the other hand, the main gate of the society is also being constructed.<\/p>\n

Bahria Orchard Phase IV will outshine other projects by Bahria Town in Lahore in terms of what it has to offer. The project will have a 130-kanal night safari park. It will also house a 48-kanal Saudi-German Hospital and will feature a sports complex. Even two Jamia Masaajid<\/em> are to be built in the locality. Another impressive feature of the project is that it will be linked to Bahria Orchard\u2019s Phase I through an overpass.<\/p>\n

After balloting, prices of plots in Bahria Orchard Phase IV will most likely rise. Even the development of LRR\u2019s interchange at Adda Plot will play a role in price escalations that are experienced by the locality.<\/p>\n

On the other hand, Bahria Town Sector F file owners are still waiting for a resolution of their issues. Recently, the developer made an offer to these file owners, but the matter is yet to be resolved. You can read about it here<\/u><\/a>. Furthermore, the future of Golf View Residencia<\/a> is vague.<\/p>\n

Bahria Town knows the drill when it comes to executing high-end residential projects, but at the same time, it also needs to find solutions to the problems people are facing due to some of its projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Located opposite Bahria Orchard Phase I on Raiwind Road, Bahria Orchard Phase IV is a recently launched project by Bahria Town Lahore. The location of the project is impressive because it is situated near Adda Plot – an area where an interchange of the Lahore Ring Road (LRR) will be built. The good news is that Bahria Town is going to ballot plots in Bahria Orchard Phase IV on May 15. Dealers with open forms for plots have been instructed to submit these forms by May 15. When it was launched in January, Bahria Town rolled out the following payment plan for different plot categories: Plot Size Property Type Booking Price Instalments (Nine quarterly instalments) Total Price 10 Marla Residential PKR 1,250,000 PKR 427,000 PKR 5,100,000 1 Kanal Residential PKR 1,650,000 PKR 716,666 PKR 8,100,000 5 Marla Commercial PKR 3,000,000 PKR 1,500,000 PKR 15,000,000 10 Marla Commercial PKR 4,500,000 PKR 2,250,000 PKR 22,500,000 Currently, 10-marla plots are being traded at a loss of PKR 100,000. On the other hand, you can become the owner of a 1-kanal plot by paying a profit of PKR 800,000 on the booking amount. Almost five hundred 1-kanal plots were launched in the locality, while…<\/p>\n","protected":false},"author":14,"featured_media":25643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[3811,3812],"persona":[],"class_list":{"0":"post-25637","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-bahria-orchard-phase-4-ballot","9":"tag-balloting-alert-for-bahria-orchard-phase-4","10":"cat-15017-id"},"acf":[],"yoast_head":"\nBallot alert \u2013 Bahria Orchard Phase IV - Zameen News<\/title>\n<meta name=\"description\" content=\"Located opposite Bahria Orchard Phase I on Raiwind Road, Bahria Orchard Phase IV is a recently launched project by Bahria Town Lahore. 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