I have been receiving emails for my recommendation about Bahria Town Latest and new projects - Bahria Town Karachi Projects and Bahria Green Valley, Lahore (also known as Bahria Greens, Lahore). I thought to share my views about both of these projects through blog for the benefit of my blog visitors.Bahria Town Karachi upcoming projects
- Bahria Town Icon - Pakistan's Tallest Building Plan (62 Storey Building)
- Bahria Town Tower - 24 Storey Building at final stage of completion
- Bahria Town Karachi - Master Planned Community (Villas and Plots)
We do not have any information regarding rate, payment plan and possession date. For Bahria Town Karachi, (as per Bahria Town track record) there is no idea of location of this project. It is obvious that it would be planned out of city area. As Karach is a very big city and commuting to city area is not safe so it may not attract the investors in the start.
I understand Bahria Town itself is not clear so it is asking for registration first. It is kind of feeler to understand the demand as well as to collect huge funds.
About 8 years ago Bahria Town Pvt. Ltd. started same strategy when it sold 85,000 HOME PLUS cards and charged Rs.6,000/= or US$100 with a commitment that the card holders will be receiving the application forms of upcoming projects at their door steps. It was January 2005 when Home Plus cards project was launched. Do you have any idea when was upcoming project launched? After 16 months, on March 22, 2006, Bahria Town started sending application forms of its Awami Villas Project to Home Plus Card Holders.
If we consider the track record and strategy of Bahria Town, the actual launch of Karachi projects would be after a year or so. This registration scheme will also help BT to understand the trend of investors in Karachi and the demand for these projects. This demand would be the main factor in deciding the pricing of project and payment plan.
Karachi is a business hub of Pakistan. Bahria Town can not afford to ignore its market and investors. Contrary to that, Karachi also needs these kinds of safe, secure living and business atmosphere which Bahria has planned to provide. As mentioned above, Bahria Town would take around a year or so to present some actual project plan. It will, in the meantime, play with the funds received from registration. I hope that Bahria Town will flourish in Karachi but it should be considered a long term investment.
Bahria Green Valley (Bahria Greens, Lahore)I have recently written my views about the project. The Own amount has decreased almost to zero now. If you have funds then it is better to invest in 5 Marla plots in Bahria Orchard LOW COST SCHEME (A, B, C, D) or Overseas Enclave A / B. An ongoing rate is around Rs.16 Lac there.
Bahria Orchard which are one of the best and small investment nowadays.