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.
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
Here is special thanks from Bahria Town Management: