Bahria Town Karachi is the new city in a city and features all the amenities for a high-class and elite lifestyle. Bahria Sports City and Bahria Paradise both are the primary sub-projects of Bahria Town Karachi. Both of these housing societies are including many precincts and offering a number of attractive residential properties.
But unfortunately, Bahria Sports City and Bahria Paradise are also including many precincts that are disputed spaces.
Bahria Sports City
Precinct 41 to Precinct 45 of Bahria Sports City is no more a part of it. All of these precincts are disputed assets.
Bahria Paradise Karachi
|Precinct 46||This precinct is not existing physically and no longer a division of Bahria Town.|
|Precinct 47||This precinct is almost completely clear but still features a few rows of disputed plots.|
|Precinct 48||This precinct is partially developing.|
|Precinct 51 and 54||Most of the area of these precincts is developed but they also feature some disputed properties.|
|Precinct 56||This precinct is also a partially developed precinct where the possession of plots is also available.|
|Precinct 57||This precinct is almost 60% developed. However, the legal status of the remaining property is not yet approved.|
|Precinct 52, Precinct 53, Precinct 55, and Precinct 58||These precincts also do also not exist physically. All of them are located outside the confines of Bahria Town.|
The clients who have already invested in these precincts had their hard earned money struck in the process for a long time due to the disputes of these areas. Two years ago, Bahria Town Karachi’s management formulated a process by which the people who have already invested in BTK would be refunded that money through cheque and refund slips.
20% of the people got their money refunded in many parts but 80% people are still remaining who had not been refunded their money back.
The people who had not been refunded yet need not to worry or stress because Bahria Town has come up with a new solution for their problems. Plot re-allotment is being carried out by Bahria Town to compensate their clients.
The people who “own” property in disputed precincts can merge their plots with the files of plots of other high return areas. They can apply for the merger of their plots with other plots of high return areas.
Who can benefit from Plot re-allotment?
If the price of new property is equal to the amount paid then they do not have to pay further and their plot will be re-allotted. But if the price of new plot is higher than what you have already paid then the extra amount will be paid in easy installments.
This offer is for those only who have paid their installments and their dues are cleared and for those who are paying their installments regularly. The people who have stopped paying their installments should clear their dues so they can also be allotted likewise.
Is refund option still available?
The option of refund is not available now for new clients. The people for had applied in 2018 for refund will be refunded only but otherwise this option is not present.
Merger of plots with high return legal areas:
Merging your disputed plots is a wonderful opportunity for the clients at the disputed precincts. The clients should apply for the merger of their plots with the plots at high return legal areas as soon as possible by visiting Bahria Town Head Office. This option is a golden chance to convert your sunken funds into a great investment. They should not wait further for these precincts to be a part of Bahria Town Karachi and apply for the merger as soon as possible.
For further details of the plot re-allotment contact Pakistan Property Services and merge your plot today.
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