Wednesday, February 27, 2013

Bahria Town Lahore - Tax and Renting out the Property issues

Sadia From Lahore

Can any one guide me the best location for residence purpose as well as future prospect in bahria town Lahore. i want to buy 5 marla house .
1. if house extend on rent for few years, is it safe? is bahria admn helpful and ivolved in this proess.
2. how much tax/ monthly or other charges etc are currently levied on house. 
3. any concession to govt servant or widows etc in taxes.charges?
4. any other drawback as compare to other society?

mohsin replied on Wednesday, February 27, 2013 06:08 PM PST

BAHRIA TOWN , excellent to live and enjoy all kind of amenities .

burhan replied on Wednesday, February 27, 2013 07:21 PM PST

buy 6 marla house in bahria homes in sector E BAHRIA TOWN LAHORE.

adeel replied on Wednesday, February 27, 2013 07:49 PM PST

yeah definitely go for bahria homes 6.11 marla in sector E bahria town.
,these homes are in installment also.

AF replied on Wednesday, February 27, 2013 09:33 PM PST

@Sadia My opinion is to buy 5 Marla plot in BT nearby Big Mosque Tulip Ext (C) or even D,E and built house yourself(If possible).will cost u less. I did search a lot other societies before I bought plot & built house in BT Lahore. I can recommend this is best housing society for living. I live abroad but family there feel safe security etc. I can share my experience to anyone from buying plot & construction etc.

Hussain Kaisrani replied on Wednesday, February 27, 2013 09:48 PM PST

Dear Sadia,
I am replying your queries point by point:

1. Yes, It is safe. Safe only from Qabza type things but not safe from the people who do not use rented property with responsibility or do not pay the rent in time etc etc.
Bahria Town has a process of involving it but generally people do not need to go through all this.
Discussing this question in detail is too early. There are some steps to make the property more safe when renting it out.

2. No tax on 5 Marla house. The resident pay Rs.1,500/= per month against many facilities provided by Bahria Town.

3. Tax is not an issue if you are residing in your house as the amount is so small (less than Rs.1,500/= if house is bigger than 5 Marla but less than 10 Marla).

4. For this purpose you need to search and study more. Distance from the city is one of the main draw back.
Courtesy: Lahore Real Estate

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