Lahore Real Estate Forum

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Saturday, October 1, 2005 04:19 AM PST 

Discussion on Malik Riaz Article Of Bahria Town
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Open discussion for all. (Please join)


I have just browsed through above article. I feel sorry about this poor gentleman who is quoting figures about Defense plots and their prices drops and mentioned those in newspaper.

He never mentioned about his own society (Bahria Town) specially Phase 9. People have invested atleast 3 lack (some spent more than that) uptil now in a phase 9 file and now its price is nearly half (170-180 thousands). He has started buying back the file and given a filthy name of merging files. Such a price drop has been intentionally brought into market by poor malik shahib.

I am happy that mailk Riaz is discussing about real estate situation in newspaper and should keep in mind what is his own stage and how he is deceiving thousands of people of phase 9 and to be become rich.

plotpot:- replied on Saturday, October 1, 2005 04:16 PM PST 

My dear Ali.
BAHRIA is sailing in the same boat as Defence but in defence strakes are very high as you know.

I have seen people buying PHASE 9 IN 2.20LAKHS AND SELLING AT 4.50 LAKHS so this is a cycle that broke now and its been overdue but keep one thing in your mind that bahria investment is very small as one could possess the plot there by giving all the installments and you could have good profits.

Bahria viz a viz shall give you possession on time no matter it is phase 8,9 or bahria"C" make sure.

Anwar Yakub replied on Sunday, October 2, 2005 01:03 AM PST 

To plotpot:
When Bahria is supposed to give possession of Phase -9 p[lots.

Anwar Yakub replied on Sunday, October 2, 2005 01:04 AM PST 

To plotpot:
When Bahria is supposed to give possession of Phase -9 plots.
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Wednesday, June 8, 2005 02:56 PM PST 

Recently I saw the map isued by Bahria Town for Phase-9 Rawalpindi on May 14th. This is totally different from the map posted at the time of their ad. for overseas block. Golf course was part of Phase -9 , but it seems now its part of Phase -8. One of the overseas block was also part of phase -9 & one block was of Phase -8. Can somebody can explain.
Also in new map of Phase -9, I've observed discrepancies as my two corner plots as per Digital Record are corner, but now shown in middle. What a mess!!

Rizwan Arshad replied on Thursday, June 9, 2005 12:46 AM PST 

Overseas block has actually improved its location from what was advertised at the time of subscription. It is now more upfront to GT road and on the other bank of soan river next to Phase I DHA Ext. It will have everything that Lahore overseas has plus a huge mall and Golf course. Phase 8 map is also firm and plot numbers are out. It doenst have a golf course but has shanzeliza (similar to paris), Bahria University, a floating mosque, a lake all around, next to the pindi ring road, and river soan park. If it is built in the same manner as the map and at Bahrias standards(and when it is built???) it will be a treat to watch. However, phase 9 has been a mess. It was issued first in Jan-05 and investors alligned their port follios as per that map. This map only showing the blocks but the plot numbers were not shown. Recently in May a REVISION was issued showing completely differnt block allignement and plot number marked. As every one complaint to Bahria about this so they decided to change it back to the one issued in Januray with minor alterations. This actually is amazing that a map of nearly 44000 canal of land is being taken so lightly and casually by Bahria. Now a new map (similar to the one issued in Januyary) is being awaited by public.
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