saqib replied on Thursday, November 19, 2009 03:46 PM
I have been dealing with Bahria from the old days when stones were being pelted on them in 1996in Rawalpindi. Some of my close friends said all the things that I am hearing now. Still I invested in Rawalpindi Bahria then and applied for a plot. I now have a plot . Not only that, undisturbed by what people were saying I applied for plots in Lahore, I now have a plot in Sector 'A', 'B' and my children have plots in sector "B". Very recently, when every one was crying foul and every one yelling at the top of his voice against Awami Villas, I bought three of them, at Lahore and Rawalpindi. Let me say ALL of these investments are highly on positive side. I HOWEVER DID NOT INVEST ANY MONEY IN FILES WHICH WAS A VERY SPECULATIVE BUSINESS.DESPITE SOME PEOPLE HAVING MADE TONS OF MONEY IN THIS AN ALL SOCIETIES, BE IT DHA OR WHAT NOT, I THOUGHT THEN AND NOW IT WAS ABSOLUTELY STUPID TO ENTER IN SUCH KIND OF BOILING KETTLE. I have not seen so far any thing where Bahria should deserve that kind of onslaught. IN efficiency, yes. As it has grown bigger some of the speed and efficiency has disappeared. The 'seth' style management has over shadowed the institutional management. But that is the culture of Pakistan. Yes, bahria should now have more institutional management style and subject itself to more democracy and transparency particularly in its future expansion projects, where some how a feeling is that others money is being used for self benefit at the cost of work in older sectors. Some times I get the impression that the award of contracts for work is awarded on personal whims rather than a systematic, fair and transparent evaluation. I am basing my analysis on those haunting Egyptian villas and the quality of work in Safari Villas. Sure Bahria needs a lot of improvement and transparency in this area. |