{"id":76157,"date":"2021-05-21T17:15:27","date_gmt":"2021-05-21T12:15:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76157"},"modified":"2021-05-21T17:36:52","modified_gmt":"2021-05-21T12:36:52","slug":"naphda-bahria-town-expected-to-sign-mou","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/naphda-bahria-town-expected-to-sign-mou.html","title":{"rendered":"Bahria Town to construct low-cost apartments in Karachi, Islamabad"},"content":{"rendered":"\n<p>Lahore: The federal government informed the Supreme Court (SC) that the Naya Pakistan Housing &amp; Development Authority (NAPHDA) is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/bookings-underway-for-btkis-theme-park-residency.html\" target=\"_blank\" rel=\"noreferrer noopener\">Bookings underway for Bahria Town-Karachi\u2019s Theme Park Residency<\/a><\/p>\n\n\n\n<p>Reportedly, out of these 5,000 apartments, as many as 3,000 will be developed in Karachi and 2,000 in Islamabad. The following information was revealed during a court hearing regarding the<a href=\"https:\/\/www.zameen.com\/news\/surcharge-waived-on-btk-commercial-files.html\" target=\"_blank\" rel=\"noreferrer noopener\"> Bahria Town<\/a> implementation case.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/commercial-project-mall-of-enclave-gets-onboard.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Mall of Enclave\u2019 in Bahria Enclave, Rawalpindi gets onboard with Zameen.com<\/a><\/p>\n\n\n\n<p>It was highlighted that in 2019, the SC had accepted Bahria Town\u2019s offer to pay PKR 460 billion for the Malir Development Authority\u2019s land in Karachi. The housing scheme was ordered to deposit PKR 2.5 billion every month for four years and the remaining amount in the coming three years. As per the sources, the Bahria Town has requested for a deferment in the payment deadline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The federal government informed the Supreme Court (SC) that the Naya Pakistan Housing &amp; Development Authority (NAPHDA) is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi, according to news sources. Read: Bookings underway for Bahria Town-Karachi\u2019s Theme Park Residency Reportedly, out of these 5,000 apartments, as many as 3,000 will be developed in Karachi and 2,000 in Islamabad. The following information was revealed during a court hearing regarding the Bahria Town implementation case. Read: \u2018Mall of Enclave\u2019 in Bahria Enclave, Rawalpindi gets onboard with Zameen.com It was highlighted that in 2019, the SC had accepted Bahria Town\u2019s offer to pay PKR 460 billion for the Malir Development Authority\u2019s land in Karachi. The housing scheme was ordered to deposit PKR 2.5 billion every month for four years and the remaining amount in the coming three years. As per the sources, the Bahria Town has requested for a deferment in the payment deadline.<\/p>\n","protected":false},"author":75,"featured_media":75474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[],"persona":[],"class_list":{"0":"post-76157","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"cat-15016-id","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bahria Town to construct low-cost apartments - Zameen News<\/title>\n<meta name=\"description\" content=\"NAPHDA is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi\" \/>\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\/naphda-bahria-town-expected-to-sign-mou.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bahria Town to construct low-cost apartments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"NAPHDA is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/naphda-bahria-town-expected-to-sign-mou.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-21T12:15:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-21T12:36:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Bahria-Town-Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bahria Town to construct low-cost apartments - Zameen News","description":"NAPHDA is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/naphda-bahria-town-expected-to-sign-mou.html","og_locale":"en_US","og_type":"article","og_title":"Bahria Town to construct low-cost apartments - Zameen News","og_description":"NAPHDA is expected to sign a memorandum of understanding (MoU) with Bahria Town for the construction of 5,000 apartments in Islamabad and Karachi","og_url":"https:\/\/www.zameen.com\/news\/naphda-bahria-town-expected-to-sign-mou.html","og_site_name":"Pakistan Real Estate News &amp; 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