Bahria Town Management announced in today's newspaper that they are going to launch Overseas Block at Bahria Town Karachi on February 21, 2014. Bahria has already delivered Overseas projects in Lahore and Rawalpindi but the new in Karachi Overseas is it is clearly mentioned by Bahria that only Overseas Pakistanis will be eligible to book the property.
However, we think unlike the news, everyone in Pakistan will be allowed to book the plots, commercial and homes, because any of Bahria's project success is tied with Pakistan dealers, and each dealer owns their client-base in different cities of Pakistan. So it's gonna be difficult for Bahria to sell their project only to Overseas with-out dealers involvement. Imagine how such dealers would be possible at Edgeware road London. Hence, our analysis says, it would be available for everyone.
Another important point is, there is possibility that Bahria will give option to customer to use their Opal 225, Hoshang Pearl and other towers forms for Overseas booking along with respective rebate adjustment. Because I believe, bahria will never give back money to unsuccessful forms holders.
Here are few words from experts: I personally may not agree with all of them.
- Bahria will not announced any new projects and unless Opal 225 and Hoshang Pearl downpayment paid
- Someone emailded and said, Peshawar project will start at Feb 27
- Bahria will give plot/home to everyone, won't return money to any customer
- Bahria will never let the BTK prices deacrease due to two reasons 1) DHA vs. Bahria 2) Their first mega project in Karachi
Here is Overseas launch news: