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Bahria Blocked/Cancelled File Restoration Started

| Bahria Town News | February 28, 2015

Bahria has started restoration On 27th February 2015, Bahria Town Karachi has given the opportunity to all those File Holders whose files have been cancelled due to non-payments of Installments within the due timeline. Now, you can restore your file after paying 4 Installments + Restoration Fee. Last Date is 13th March.

Update March 13, 2015: 

Bahria Town has extended blocked/cancelled file restoration date i.e. March 17, 2015 would be the last restoration date.

Please note, before applying for restration you must understand the formula. Please before informed that surcharge will also in incurred along with restration fee and installments.

So the formula would be something like i.e. Installments + Surcharge + Restoration fee

 

Here is Restration detail:

Restoration Fee (Token Paid Files):


          Residential Plots:

  • 125 Yards – Rs. 25,000/-
  • 250 Yards – Rs. 50,000/-
  • 500 Yards – Rs. 75,000/-

Restoration Fee (1st Installment Paid Files):

Residential Plots:

  • 125 Yards – Rs. 15,000/
  • 250 Yards – Rs. 35,000/-\
  • 500 Yards – Rs. 60,000/-

Commercial Plots:

  • 125 Yards – Rs. 500,000/-
  • 200 Yards – Rs. 1,000,000/-

Bahria Homes:

  • 125 Yards – Rs. 400,000/-
  • 200 Yards – Rs. 500,000/-

Bahria Apartments:

  • 2 Bed – Rs. 200,000/-
  • 3 Bed – Rs. 250,000/-
  • 4 Bed – Rs. 300,000/-

Bahria Cancelled file restoration

2877 total views, 47 today

Bahria Golf City Overseas Block Karachi

| Bahria Town News | January 31, 2015


Bahria has launched a new project with name Golf city Overseas block in Karachi. This project is only available for Overseas Pakistanis. If you are interested to book a plot and you are in PK then you must find someone in Dubai, London or Newyord who could visit Bahria office and book a plot for you in USD currency.

And Yes, Bahria is launching back to back project which would be definitely beneficial for Bahria itself but people are already bearing a huge losses in Golf projects. People thought they might cover something from golf city project which they lost in Ali block and Heights but they got nothing.

So now this Bahria Golf Overseas block. We are not sure what would be the results of this project but we can have some idea when keeping in mind the normal golf city situation. If you ask me what which Golf city project will be good to invest, I would suggest go for normal Bahria Golf City project which price is currently quite low, even far negative from original prices.

Here is other detail of Bahria Golf City Overseas Block:

Bahria Golf City Overseas Block Karachi

3196 total views, 32 today

Midway Commercial & Quaid Villa Balloting Date January 23, 2014

| Bahria Town News | January 11, 2015

Bahria Town has annouced balloting date for Midway commercial and Quaid 200 sq. yards homes which know as Quaid Villa. Overall market is quite slow which is expected to more go down but these are the only new items which rates will araise to some extent. Also these the only two categories which will be deliver first and their gray structure is already completed.

Here is notice from Bahria Town:

Midway commercial and Quaid villa Balloting date

2779 total views, 9 today

Ali Block & Bahria Heights Last Submission Date Dec 30, 2014

| Bahria Town News | December 24, 2014


As you know we try to keep our members updated with latest news and development in Bahria Town. Similarly here is notice for Bahria Town Karachi Ali Block and Bahria Heights last submission date:

Ali Block / Bahria Heights due date of form submission is 30th Dec 14  till 5 pm.


You are reminded that any un submitted form after due date/time will be transferred automatically in the name of owner of estate to whom initially forms have been issued therefore please submit remaining forms urgently.

 

4019 total views, 1 today

Bahria Town Karachi Latest Updated Rates

| Bahria Town News | December 19, 2014

Bahria Town Karachi Latest Rates  - Updated - March 30 , 2015 - 04:17 PM PKST

*Please note, installments are not included in mentioned rates!

Res. PlotsBuying Selling
125 sq yards (5 Marla)195,000225,000
125 sq yards (Ali Block)Level50,000
250 sq yards (10 Marla)900,000100,0000
500 sq yards (1 Kanal)1225,0001325,000
1000 sq yards (2 Kanal)2100,0002400,000

ApartmentsBuying Selling
2 Bed Apartment (900 sq ft)1150,0001250,000
2 Bed Apartment (Heights)30(Negative)50,000(Profit)

Bahria HomesBuyingSelling
125 sq yards (5 Marla)1200,0001400,000
200 sq yards (8 Marla)2100,0002300,000
200 sq yards (Qauid Villa)4000,0004500,000

Bahria Golf CityBuyingSelling
500 sq. yards (1 Kanal)- 450,000 -370,000
1000 sq. yards (2 Kanal)- 700,000- 500,000
2000 sq. yards (4 Kanal)- 200,000-100,000

Comm. PlotsBuyingSelling
125 sq yards (5 Marla)5000,0005500,000
125 sq yards (Midway Comm)110,00,000120,00,000

City ProjectsBuyingSelling
Opal 225175,000190,000
Hoshang pearl170,000180,000
Bahria ICON200,000250,000
Bahria Tower100,000150,000

82628 total views, 355 today

Bahria Golf City Karachi Residential Plots Booking Started

| Bahria Town News | December 15, 2014

Finally Bahria has launched it's glorious project Bahria Golf City in Bahria Town Karachi. It would be located at very beginning and will becoming an outstanding location. Imagine you are viewing golf views from your door step. No doubt it is a stunning best project from Bahria but obviously prices are a bit high i.e. 500 sq yards down payment is around 2200,000 PKR, besides that profit is also being added which is currently around 300,000 to 500,000.

Bahria Golf City Karachi Booking Open

Bahria Golf City includes 500 sq yards, 1000 sq yards and 2000 sq yards. No other sizez available, so stay away from the dealers who commit any other category. If you are interesed, you will be able to book your plot only from the dealers but not directly from Bahria. As I mentioned in earlier posts that once main project launched then Bahria launches new blocks by the dealers.

So right now, you will pay profit money and some advance to the dealer to book your plot, they will give receipt for the category plot you are booking. Once forms are available then you will pay the whole (Remaing downpayment) amount and get the form. Actually the form you will get will be a blank form but it will be paid form, that means, all down payment, processing fee and form fee is already submitted to bahria. Don't forget to verify your form before paying money. Please note, you will have to verify the form from the dealer who's stamp mentioned on the form. The whole story is just like Bahria Height's two bed and Ali Block's 125 sq yds. So be careful. If you want to book from BahriaDeals then contact us.

Pricing detail for Golf Course:

Plot SizeProcessing feeDown PaymentInstallment AmountTotal Amount
500 Sq. Yards10,0002,250,000390,6258,500,000
1000 Sq. Yards20,0004,000,000718,75015,500,000
2000 Sq. Yards30,0005,500,0001,250,00025,500,000

26889 total views, 93 today

Bahria Heights – Two Bed Apartments & Commercial Shops

| Bahria Town News | November 30, 2014


Bahria Heights is going to appeared in Bahria Town Karachi as a luxurious project that includes two bed apartments and commercial shops. As you can see in the below image, Chairman of Bahria Town Malik Ali Riaz promising that they will construct and deliver Bahria Heights projects in 1.5 years. He also stated that X-Nazim of Karachi Mr. Mustafa Kamal is associated with Bahria Town from last 1.5 years and Monirting Karachi and Singh projects from Dubai.

This is the reason Bahria Heights 2 bed apartment gained around 1900,000 profit just in one week after booking forms launched in the market. I would suggest, if you have money and can invest for a few months then these new apartments are the best option for investment. Dont be fool by some agents as latest rate is quite low i.e. profit is under 100,0000. Please note, Commercial shops are limited and not available in market. They are already booked by big dealers and they are holding them for themselves.

Malik Ali Riaz promising to deliver Bahria Heights project in 1.5 years

 

Bahria Heights two bed apartments and commercial shops

 

5529 total views, 7 today

BTK file cancellation notice with last warning

| Bahria Town News | November 22, 2014

Bahria Town Karachi served a notice with last warning to all the file holders who are not paying installments. A lot of BD members contacted me and asked what can be done in this situation. Well, I would suggest if you can pay installment, you should clear all your due installments right away. I know right know there is two benefits of not paying installments, one is you save money by keeping files with less amount , second is peple like more file with no installment so they trade in less amount.

Update 27 Nov, 2014: Bahria has extended last warning date to clear all dues and the new date is December 15, 2014.

File cancellation notice for pending installments

But let me tell you clearly that time is coming when only up to date file will be traded in the market. Hence you should pay your installments. If you ask me what are the chances of cancellation of file, I would tell you 30%. 

Reasons, why Bahria will not cancel your file:

  1. If we look through Bahria's track record, Bahria didn't cancel the files with no payments but in some cases Bahria didn't add pending dues file in balloting/allotment.
  2. If Bahria stared cancelling the property files, it will defenitly put bad impact on their overall business and people won't invest because of fear.
  3. An important reason is, none of Bahria dealer dare to pay any installments and more than 70% of files are being held by property dealers/agents.
  4. Ethically Bahria should not cancel the properly that is not available on ground.

Reasons, why Bahria will cancel your file:

  1. Bahria clearly mentioned on back of the file that your file can be cancelled if you do not pay two consecutive installments. As you can can see now third installment date is over due.
  2. Bahria didn't send this sort of warning before. There are more than 50 thousand of 125sq yds files available, so do you think Bahria will alot plots to all file holders? No definitely Bahria will do some merging and cancellation to reduce the files.
  3. If we compare BTK project with Lahore and Rawalpindi, BTK has some different policies. In BTK Bahria doesn't waive off any late payment fee and sort of different documentation. Whereas in LHR and RWP projects Bahria used to waive off the surcharges.

Dear members, these are just my own views so give you some high level idea. You should take your own decision.

 

9418 total views, 4 today

Bahria New Deal – 125 sq yds plot and 2-bed Apartment – Ali Block

| Bahria Town News | October 26, 2014


Today Bahria Town has launched a new deal for their Karachi project. This includes 125 sq yds plots and 2-bed luxury apartments. The best thing with this launching is, its possession will be given in next few months in Ali Block which is starting area of the Bahria town karachi and most of the development work already done. 125 sq. yds plot booking price is 6,00000 with total price of 30,000,00 and 2-bed luxury apartment booking 10,50,000 and total price is 50,000,00. Please note, these deals are not open for direct customers but Bahria launched them through a few main dealers. So if you are interested you can buy them from the market and or any estate agent. 

New deal - 2 bed apartment and 125 sq. yds plot

If you want to build a 125 sq. yds home or move to an luxury apartment in Bahria town from next year's first quarter then this is the best time for you to book your plot or apartment today. Due to it's location and early possession their prices will definitely go high soon. Another reason is the plots/apartments are in limited quantity. If you ask me, I bet you that big fish like Prism, Enem, New York etc facing shortage and they are buying from the market at own money, whom they sold the same apartment a couple of days ago.

Bahria Town Karachi Ali Block

The best thing with this deal is, as you can see in the above booking form picture, you will get open form and you can keep and trade this form in the market as it is, no immediate transfer/address/name issues. So whenever required, you can simply fill up the form and submit to Bahria with-out paying anything. My recommendation is, use the address of Karachi, Lahore or Rawalpindi/ISB, otherwise you may have issues while selling file in market.

19249 total views, 23 today

Bahria Home 200 Sq yards – New Deal at Bahria Town Karachi

| Bahria Town News | August 31, 2014


Bahria Town Karachi management announced a new deal at Bahria Town Karachi. In this Bahria launched 200 Sq yards home. Yes it is a new deal. Now you would be thinking why Bahria 200 sq yards home being offered again since it was already available? The reason is Bahria management thought this is the only project which price is in profit of around 10,00000 and it is mainly attracted by the customers.The reason is, this project initial price was quite reasonable and launched limited Homes/files, therefore, people shown much interest in this project.

200 Sq yards Home - New project Bahria Town

The 200 Sq yards home which already exist total price was 49,00000 but the new same size new Home project total price is now 75,00000. Now the question is why the new project is better? Because it will be available just 1km from the main gate. Also it’s possession will be given in 2 years, whereas the old project possession time is 4 years. Also previous project location comes at the back side. But still you would be thinking that the old home is cheaper even after adding 10 lacs profit money.

The different I can see is, if you want to buy either of project home you would pay 18 lacs in start but with the previous project you will have to pay 2 installments as well. Interesting, what should we buy now … let’s discuss this in comments area..

Here is detail of the new 200 sq yards Home project:

BAHRIA TOWN KARACHI
=====================
200 Sq Yds Villa
===============
Fresh Bookings @ Quaid Block (1 Km distance from main gate)
====================================================
Total Price: 75 Lacs
Down payment: 18 Lacs
Quarterly Installments: Rs. 712,500 /-
2 Years Payment Plan
Possession in 12 Months
Confirm Allotment number at 1st Installment.
===================================

Please note: This project is not launched directly by Bahria to the customers but you will be able to get book the Home from dealers. If you are interested, we can provide you.

17024 total views, 25 today

Bahria Town Karachi Transfer Procedure and Fee Structure

| Bahria Town News | August 23, 2014


Bahria Town Karachi file transfer process and fee structure is the main focus now a days between buyers and sellers. If you are interested to buy or sell bahria file or plot then here is ultimate guidance for you.

First think you need to know is always buyer will pay the transfer fee. However, seller will apply the NDC (No Demand Certificate) and will book the transfer date.

Here are the documents required for transfer:

  1. Buyer and Seller presence in person, if buy don't want to appear he should provide authorized representative with valid authority.
  2. Original CNIC copies for buyer and seller. Buyer will also provide CNIC copy of nominee.
  3. Passport size current photographs for buyer and seller.
  4. Original plot/apartment/home booking form customer copy.
  5. Original bank slip of transfer fee which deposited in NIB bank account #13106339 (There are some other banks also available)
  6. Original slips for all payments done against this file.
  7. Valid copy of NDC.

‚ÄčFee Structure:

Residential Plots:

  • 125 Square Yards: PKR 6,000/-
  • 250 Square Yards: PKR 27,500/-
  • 500 Square Yards: PKR 37,500/-
  • 1000 Square Yards: PKR 67,500/-
  • 2000 Square Yards: PKR 165,000/-

Commercial Plots:

  • 125 Square Yards: PKR 95,000/-
  • 200 Square Yards: PKR 155,000/-
  • 250 Square Yards: PKR 175,000/-

Bahria Homes:

  • 125 Square Yards: PKR 32,500/-
  • 200 Square Yards: PKR 37,500/-

Bahria Apartments:

  • 2 Bedroom (950 Square Feet): PKR 22,500/-
  • 3 Bedroom (2250 Square Feet): PKR 50,000/-
  • 4 Bedroom (2950 Square Feet): PKR 67,500/-

14779 total views, 23 today

Bahria Enclave 2 Current Situation & Future

| Bahria Town News | May 11, 2014


Unfortunately Bahria Enclave 2 pricing value is going down day by day which is badly impacting investor and regular customer trust on Bahria. Lot of people invested their money in Enclave 2 but now they are totally stuck. Profit is far even they don't have any way to bear even a little loss and come out from this business death game.

Enclave 2 current situation: let's analyze the situation through 5 marla plot then you can have idea for other sizes plots. If still required we can discuss in comments area. Well, if we look through 5 marla Enclave two people booked it on high prices even on Rs. 1500000 (15 lacs) and now people are ready to sell the same amount file on Rs. 550,000 but no one is there to buy this even. Bahria control rate was Rs. 9,39,000 but be reminded Enclave 2 booking was not available for regular customers and investors but it was given to a couple of big dealers who added their own money and made the rate around 15 lac in start. Ohhh! Bahria is asking for installment as well.

If you see above, i mentioned FILE somewhere. Yes file, we can not call it plot because it doesn't exist on the ground, Even Enclave 1 portion doesn't exist on the ground. We understand it might have good location but current situation's blue print is pretty visible.

Enclave 2 Future: The time when Bahria launched Enclave two, Bahria Rawalpindi/Islamabad market was pretty high, therefore Bahria introduced this project with high amount. As in example Rawalpindi Bahria phase 8 M block 5 marla plot total price was 31 lacs, so Bahria thought why make the Enclave 2 worth 39 lacs as it has best location. But who knew, M 5marla plot now easily available @ 18 lacs. So if this is the case then a mentely stable person will never buy E2 plot with triple than M block 5 marla plot which is on ground as well.

The 2nd main reason on Enclave 2 collapsing is, Bahria launched Bahria Town Karachi with low cost. Where 5marla plot cost you 1,70000. Now image why one should buy Enclave 2 even at 5,50000? So Karachi project is more attractive for the investors.

What should I do now?: you have two option, if you don't have enough money then simply wait at least for 2 years. The other option is, if you have money then buy one more plot at low rate which will make your both plots buying average to some 7 to 8 lacs. So as you see Bahria publish some ad or do something in the favor on Enclave 2 then for some time maybe rate will go high and there you will throw your both files in the market and you can come out from this lossy game.

11975 total views, 11 today

Bahria Town Karachi Installments Schedule

| Bahria Town News | May 1, 2014


Bahria Town Karachi project was taken as one of best opportunity for investment and was a road map for a quick and handsome profit source but pricing for Bahria Karachi are significantly decreased and that caused disappointment of investors. Why pricing decreased? Well there are certian reasons, but If you ask me the major reason is, Bahria still taking bookings for their LOVING dealers. Besides that, first installment is due on May 07 and that also add some fear in people. Hence people are selling and coming out this game.

However, still many peoples are committed and want to pay the installment. If you are the one, please see the below installment plan and move forward accordingly.

 

Following is the Payment Schedule of residential plots: -

 

125 Yards Residential Plot.  First Installment on 7 May 2014 and the installment amount is Rs. 90,000; total installments are 16 and the last installment is on 7 February 2018. Total price of the plot is Rs. 1,725000. 125 yards plot is also called 5 Marla and has 25×50 dimension.

250 Yards Residential Plot.  First Installment on 7 May 2014 and the installment amount is Rs. 152,000; total installments are 16 and the last installment is on 7 February 2018. Total price of the plot is Rs. 2,850000. 250 yards plot is also called 10 Marla and has 35×70 dimension.

500 Yards Residential Plot.  First Installment on 7 May 2014 and the installment amount is Rs. 260,000; total installments are 16 and the last installment is on 7 February 2018. Total price of the plot is Rs. 4,650000. 500 yards plot is also called 1 Kanal and has 50×90 dimension.

1000 Yards Residential Plot.  First Installment on 7 May 2014 and the installment amount is Rs. 500,000; total installments are 16 and the last installment is on 7 February 2018. Total price of the plot is Rs. 8,600000. 1000 yards plot is also called 2 Kanal and has 75×120 dimension.

2000 Yards Residential Plot.  First Installment on 7 May 2014 and the installment amount is Rs. 1,10,000; total installments are 16 and the last installment is on 7 February 2018. Total price of the plot is Rs. 18,500000. 2000 yards plot is also called 4 Kanal and has 90×200 dimension.

38684 total views, 29 today

Some Important Q&A About Bahria Town Karachi

| Bahria Town News | April 19, 2014


Dear Azanshah! Can u give cmts on fol 4 everyone’s interest?
1. When BTK is closing file transfer?
[Azan Shah] Bahria Town will never close transfer, otherwise no one can buy/sell property which Bahria never wants.

2. How can one sale his file when tfr is officialy closed?
[Azan Shah] Please see Answer for #1.

3. What is golden time 2 sale file? B4 1st instalment or ….? 
[Azan Shah] Unless a Bahria file coverted into plot it is totally gamble and you never know when the price will go high and when it will go down. You know why? because there is no plot and FILE itself has no value, so it all depends on big investors, if they decide and buy 500 files, rate will instantly touc 250k for 125 sq. yds BTK. Simlary for other size plot. So the best time would be wait for a plot allotment and ofcouse delelopment.

4. Don’t u think price of files would be reduce after each instalment as 1st 2to3 instalments vud b paid by max people but later lot of files wud come in market to avoid likely non payments? And purchasers vud exploite them.
[Azan Shah] It is not neccessary but most of the bahria investors are dealers and these dealers do not pay the installments. So plot with no installment paid will come up with high price becasue buyer will not pay installment money to seller.


5. Would price of file go down if BTK closes tfr?
[Azan Shah] BTK file transfer will never close.

6. Whom u prefer 2 sale file? Individual or agents? Any recommended agent?
[Azan Shah] Any agent who give you fair and profitable deal. I'd recommend Bahria Deals Associates in KHI :)

Sir take time but must reply. Thanks

4980 total views, 2 today

Notice – Transfer Fee Reduced For Bahria Karachi Projects

| Bahria Town News | April 12, 2014


Bahria Town published a public notice where they announced more discount in Bahria Town Karachi projects file transfer fee. They mentioned that based on special instructions by Bahria Town Chief Executive the 125 Sq. yards (5marla) transfer fee is reduced from Rs. 16000 to Rs.6000. They also stated that this facility will be available from April 10, 2014 to 07 July, 2014.

Why this change from Bahria? Well, per our understanding Bahria announced this transfer reduction because of very low sale/purchase of high amount of 125 sq yds files. That was also leading to low price because every buyer was reluctant to by plot due to high Transfer fee. You know better Bahria dealers play with very short profit so it was not suitable transfer fee for them. But now it will definitely get some raise in the shape of pricing.

That is not enough, we also suggest that Bahria should start Open Transfer process. That will help all parties to expedite the Karachi project business.

Here is notice published by Bahria:

125 Sq. yards transfer fee

3885 total views, 0 today

Bahria Town Karachi Balloting Results Online

| Bahria Town News | March 23, 2014


Bahria Town karachi balloting has been successfully done today at Bahria Karachi site. This was a mind blowing ceremony where huge number of people participated to see the results for their BTK booking. If you still didn't get a chance to see the results and you want to know your booking file status then you are on right place. 

Simply go to the results page and check the BTK balloting results. Make sure you have booking form number and CNIC number with you.

If you ask me about my thoughts on this balloting, I would come up with detailed article on this after file transfer started. For now I just want to share with you that 90% applicants are successful in this balloting.

Congratulation to all successful members for their property at Bahria Town :)

Here is computerized balloting ceremony photo:

BahriaTownKarachi Computerized Balloting

15848 total views, 15 today

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