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Installments & Balloting Last Date Extended To July 10

| Bahria Town News | June 27, 2015

Bahria Town has again extended to the last date for clearing dues, as well as balloting date also been pushed to July 10, 2015. Bahria is basically extending date again and again to get maximum amount from people in the shape of installments.

Logically Bahria is not going to cancel the files due non-payment, the reason is, if Bahria cancel the file Bahria will then  refund more than the current market rate of the file. Let's quickly analyze, Golf 500 yards file current market rate is 900,000 negative, so if bahria cancels the file then they have to pay back 562,000 in the shape of refund. Similar situation for 125 yards. Some peoples are requesting bahria to cancel their files.

Bahria Town Karachi balloting date

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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

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Booking Closed For Bahria Town Karachi, Now What?

| Bahria Town News | February 8, 2014


Finally registration forms game over and booking closed for Bahria Town Karachi. Forms converted into files. 07 February was last date of booking, lot of people booked 125 sq yards plots. Also lot of people trusted on dealers and preferred confirm booking.

Confirm Booking:

Some one emailed and asked if confirm booking is legit and if he should go for it. My answer was, YES you should go for confirm booking but that booking should be from known dealer such as PRISM, Enem and Ali Saqlain etc. 

If we see the trend most of the times Bahria sell the projects through those dealers as they sometimes give you some rebate, some discount and other packages which help Bahria to sell the project as much as possible. Whereas, Bahria can't do such tricks but yes Bahria do the same with those dealers. 

I still have BTK slip, now what?

Someone also asked me he still has two registration slips, now what to do. My answer was, per my understanding your forms are useless now and can't be used anywhere, but who knows Bahria may throw some deal for those who still own registration slips, but chances are less. 

Opal 225 & Hoshang Pearl future

As for as Opal 225 and Hoshang Pearl concerned, as I predicted a few days back, these projects prices is raised up right after booking due to two reasons, 1, most of the people would used their forms in BTK projects for homes, commercial and apartments so after booking less amount would be remaining and that will cause price boost. 2nd reason is most effected registration form (residential) will consider no more valid, therefore, people will concentrate on Opal and Pearl as they are only projects left in the market to invest.

Bahria Town Karachi future

Now the next step is, investors will wait for the time, when Bahria starts open/transfer for BTK files. after that they will be able to buy/sell their plots/homes/apartments and commercial files. It is possibility Bahria rather only start transfer process but not open, that's how Bahria did in some RWP and Lahore projects. But I personally think only transfer option would not work for Bahria Karachi case because not only Karachi people but investors are involved from all over the Pakistan and in transfer case buyer and seller both should be available. Imagine if there is only transfer option, then KHI file can be sell in Lahore or RWP and the same way other areas people files will not be able to sell in Karachi.

Balloting & Installments

Balloting stage is also very important for Bahria because Bahria can't ask for any installment once balloting part is clear. Also no one is going to pay installment unless he/she knows his/her property in confirmed.

You have done booking and now you would be thinking , do I have done good investment? Yes, you have done good investment, and you will see you will get some good gain in shape of profit. Please note, one rule of Bahria, "Holding is earning"

Any comments are welcome
Good luck! 

Here is special thanks from Bahria Town Management:

Booking closed for Bahria Town Karachi now what to do?

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