Bahria Town Karachi – A detailed Analysis

Bahria Town Karachi

It has been almost 4 years since the launch of Bahria Town Karachi. From where did it start, and where it stands now, here we have a detailed analysis for all those who are thinking to invest in Bahria Town Karachi, and also for those who already have.

Introduction:

Bahria Town Karachi was launched in 2014, with a sole mission of building up a neighborhood concept for providing an outstanding lifestyle for those planning to live in Bahria Town. On another note, Bahria Town Karachi is going to set itself as a benchmark for the real estate industry of Pakistan.

About Bahria Town Karachi:

Bahria Town Karachi is divided into precincts, making a total of 57 precincts.

Bahria Paradise map

The possession of precincts 1, 2, 3 , 4, 6, 7, 8, 10, 12, 14, 15, 16, 18, 19, 20, 24, 25, 35 have been given already. 

Our Analysis

The installments of plots that were launched in the year 2014, aka old Bahria Town, are expected to end on 7th February 2018 which means that the flow of money in Bahria Town will stop. Thus, it can be deduced that Bahria Town would now be looking forward to launching new projects and shifting there focus on the projects where installments are underway such as Bahria Paradise and Bahria Sports City so that they can continue the development work by receiving money for the new upcoming projects and encourage people to pour in money.

For now, Bahria Town is expected to propose a new scheme in Bahria Paradise and Bahria Sports City to increase more flow of consumers.

For Bahria Sports City, numerous rumors were in the news regarding some stay or litigation issues. Due to these rumors, the land prices lowered to the grounds. In order to counter this controversy, Malik Riaz decided to speed up the development work at Bahria Sports City Karachi, and start the possessions grants from March 2018, before it’s announced the date, which was in the year 2020. 

The controversy resulted in shifting the complete focus of Bahria Town to the Bahria Sports City Karachi. This will actually push all the controversies behind the curtains, and plots of Bahria Sports City Karachi prices will bloom. That’s why, we think, now is the time to invest in Bahria Sports City Karachi. 

It is also expected that Bahria Town will soon be launching a few low range projects, to raise the reputation bar back to normal. Rumours have it, that Malik Riaz might as well be there himself, giving away the possessions in Bahria Sports City Karachi during the next month.

Below are the updated prices of Bahria Paradise and Bahria Sports City:

Bahria Paradise Karachi:

SizeProcessing FeeDown PaymentInstalmentTotal PriceOwn
250 Sq Yards PlotRs 10,000Rs 6.25 LacRs 3.31 LacRs 59.25 LacRs. 3 Lac - Rs. 20 Lac
500 Sq Yards PlotRs. 15,000Rs. 9.5 LacRs. 5.43 LacRs. 95.50 LacRs. 2 Lac - Rs. 20 Lac
1000 Sq Yards PlotRs. 20,000Rs. 13.75 LacRs. 9.93 LacRs. 1.725 CroreActual Amount to Rs. 35 Lac
500 Sq Yards VillaRs. 25,000Rs. 24.9 LacRs. 22.66 LacRs. 3.85 Crore

2-3 installments have already been paid

Bahria Sports City Karachi:

SizeProcessing FeeDown PaymentInstalmentTotal PriceOwn
250 Sq Yards PlotRs. 5,000Rs. 4.25 LacRs. 2.01 LacRs. 36.55 LacRs. 2 Lac - Rs. 20 Lac
500 Sq Yards PlotRs. 10,000Rs. 6.5 LacRs. 3.25 LacRs. 58.50 LacRs. 3 Lac - Rs. 30 Lac
1000 Sq Yards PlotRs. 15,000Rs. 9.75 LacRs. 5.18 LacRs. 92.75 LacRs. 5 Lac - Rs. 30 Lac
350 Sq Yards VillaRs. 25,000Rs. 14.5 LacRs. 10.87 LacRs. 3.85 CroreRs. 25 Lac - Rs. 60Lac

7 installments have been paid already

About Author

Bilal Alvi
Bilal Alvi

Bilal Alvi is the Co-founder of Berq Properties. He also works for Prism Real Estate as Senior Real Estate Consultant. He has 4 years of experience in Real Estate Industry. He frequently blogs at Berq Properties and ViewStorm.