Bahria Town’s Current Policies and their Impact on Property

Bahria Town does not need any kind of introduction for real estate all over Pakistan. This society represents the basic development design; integrated development, fully paved roads, underground electricity, gas, water; communication supplies give this project a modern and contemporary look that still looks beautiful and iconic even after many years have passed. It’s advanced and modern look that displays in world-class standards. It offers not only residential plots but a complete way of life.

Along with all these amenities, almost all the plots have been converted to houses where families have residence and are enjoying the premium Bahria Town lifestyle.

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Bahria Town is an exclusive enclave and one of the most modern and exquisite addition to the lifestyle and state-of-the-art project in Pakistan. The experience in town planning and urban trend-setting features of Bahria Town has not only helped in making it the finest communities but also Pakistan’s most premium location.

Alongside every one of these pleasantries, most plots here have been changed over to houses where families have moved in and are getting a charge out of the Bahria Town way of life. At present, exceptionally well known particularly with the business class for interests in business opportunities, Bahria Town has formed the horizon of the rich history of the architecture in Pakistan. Vast plains abundant with natural green settings host the most progressive residential lifestyle yet to be matched by any other development. Economy housing and luxury lifestyle are all harmonized to carve the most versatile and diverse community.

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But Bahria Town still has some policies that can discourage the investors to invest in any project of Bahria Town despite so many luxuries and facilities. In the last couple of years, Bahria Town has made several adjustments in its policies like possession, utility charges, and construction that have led the investors to feel discouraged to invest here.

Today, in this blog, we will discuss these Bahria Town’s current policies and their impact on its changes on its properties and investors which are

Increased Possession charges in 2021
Completely developed projects
Reduced time to pay the charges

Some of these details are given below:

Increased Possession charges in 2021:

Bahria Town started to remind the investors of the society to pay the possession and utility charges in April 2020. The management informed its members to apply for possession and pay their utility charges through several notices, calls, and emails to remind the investors from time to time. Several deadlines were also announced by Bahria Town for the investors to pay their charges and clear their balance; however, these dates were later on extended too.

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In March 2021, Bahria Town increased the possession and other charges by 20%. This is a piece of very bad news for the investors who will apply for the possession of their properties after March 2021. These investors will have to pay 20% more possession charges for their properties at Bahria Town. Investors have felt very confined to the situation as the sudden and abrupt increase in the possession charges and they cannot do anything to reverse the situation.

Completely developed projects:

Due to the change in the possession and utility charges, investors are feeling very discouraged to invest in the available commercial or residential plots of Bahria Town. It is expected that Bahria Town Peshawar will soon be launched but the investors are looking for some relief for the recent increase of the possession charges applicable to the properties of Bahria Town all over the country. No new residential properties are launched after the successful deals of Bahria Orchard Phase 4 and very few golden opportunities for investment are left. Due to high demand, these properties have also increased in their prices.

Daily Updated Bahria Nasheman Lahore Rates – Updated Prices of Bahria Nasheman Lahore

Due to this reason, investors have started looking for some other housing societies in Lahore that can give them some return at a lower investment.

As the investors are alarmed about how they will pay the increased charges of their properties that they both a while ago, investors are heavily investing in the already developed projects such as Orchard Mall and Times Square Mall. The IT Mall and IT Hub in these projects respectively are offering 6% rental income to assure the investors that their investment is safe and secure. Due to this investors are feeling good to invest in some projects that will give them the income or profits that they deserve.

Reduced time to pay the charges:

The construction on the plots could be done in 3 years previously but now this time has been reduced to 1 year only. The construction is not a problem but the problem is that the first-time investors will have to clear all the outstanding dues after possession in just 1 year only.

This policy will only address the first-time investors of the property and is considered a very desperate attempt by the management of Bahria Town to raise funds from the investors.

Daily Updated Bahria Orchard Lahore Rates – Updated Prices of Bahria Orchard Lahore

After this adjustment to the construction policy, end-users are buying their desired properties but not the investors as they do not the burden of paying the prices in a very short time.

We advise our clients to invest in the already constructed properties of Bahria Town till the management does not change this policy. Investing for the first time in a property right now may lead to the payment in just a short time of one year.

For more information, contact Pakistan Property Services. We provide you better consultations for your real estate matters. You can also visit our YouTube Channel where we update our clients about the new trends and the new projects in real estate market.

Projects We Deal in:

Bahria Town Lahore
Bahria Orchard Lahore
Bahria Nasheman Lahore
Bahria EMC (Bahria Education and Medical City)
Bahria Town Karachi
Bahria Homes
Bahria Paradise Karachi
Bahria Paradise Villas
Iqbal Villas Bahria Town Karachi
Quaid Villas Bahria Town Karachi
Liberty Commercial
Bahria Sports City Karachi
Bahria Sports Villas different precincts
Bahria Farm Houses
Bahria Golf City
Bahria Heights Karachi
Bahria Apartments Karachi
DHA’s in all cities of Pakistan

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Rawalpindi Ring Road Latest Developments

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

DHA Faisalabad

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

DHA Bahawalpur

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan: