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Plot at Bahria town phase 8,

(64531)
   Malik
Thursday, April 21, 2011 10:23 AM 
Reply: >
I want to purchase a 8-10 marla plot. can somebody tell me about bahria town phase 8 Rawalpindi. Is it good or bad investment.
STRANGER replied on Thursday, April 21, 2011 11:07 AM 

You are going for good thing,but honestly i heard that they are going to put some amount under additional developing charges.
i dont know this is right or wrong.
Guest replied on Thursday, April 21, 2011 12:04 PM 

Dear Malik AOA,
I request you to visit Bahria Phase-8 before buying.
You would not find a single society in Pakistan which
can be compared to Bahria Phase-8.
It is a very good decision to buy a 8-10 Marla plot there.
InshaAllah you will not regret.
I am not a dealer or Bahria representative, I have bought my house there and am very satisfied alhumdolila.

Salam,
Guest
jk replied on Thursday, April 21, 2011 02:38 PM 

Do not buy if you don't know what is the final price ? including development charges ? and similarly when your plot will be handed over to you. In Phase 8 few sectors are good but not all of them and few like I,J,K,L,M,N are ages away

If you want to live buy on ground and construct same time other wise what ever you will gain in price Bharia will come forward for their share in the name of development charge
Agent replied on Thursday, April 21, 2011 05:09 PM 

Rs. 180,000 charges imposed as Town Development Charges by Bahria Town for Phase 8 developed plots. Probably these charges will be started from 15th of June and will be payable in 2 years installment plan.

Still recommend for investment. You still cannot get a 10 Marla plot in this budget with such development and features.
STRANGER replied on Friday, April 22, 2011 04:56 AM 

@ Agent,
If this is true then may it lead to a negative impact on the price?
but is this only going to happen in Bahria town Islamabad or Lahore project as well.
Agent replied on Friday, April 22, 2011 06:35 AM 

@ Stranger, yes it will have impact on the prices for few weeks. We are seeing this impact from 1947 to till today. But these impacts remain for a very short time and then routine matters.

Holder who have plots will cry for it. New buyer after few weeks will buy because he knows that these charges are part of plot now. So impact will eliminated, then wohi roz ki kahani

Have a look here for a new impact from a so called well know reputed Builder:

http://www.dawn.com/2011/04/22/additional-development-charges-in-dha.html
STRANGER replied on Friday, April 22, 2011 07:33 AM 

You are right Agent,
It is happening since 1947,life will move on,but concern is that till when we will be playing the role of dhobi ka gadha,
already we are loaded with TONS.there should be a full-stop now in all areas.
Compare to DHA, Bahria represents a class who dream their own house in low price.Bahria should not do it.
If they do impose these charges only for the undeveloped areas or upcoming project then one can understand,but area already developed n delivered to client, does not make sense at all.
But they make everything possible in LAND OF THE PURE
Agent replied on Friday, April 22, 2011 08:44 AM 

@Stranger, I think you have not read the above link. Its not Bahria only. DHA is also demanding for delivered and possession area for extra development charges. Definitely we should not play now role of Dhobi Ka Gadha now. You see the post # 52726 made by CMY (not blaiming CMY or not personal attack for him or not any thing else) He published some thing which is not officially declared and also mention to wait for official announcement as well as claiming "As always my friends on this website are first to know before even most property dealers in Lahore"

As I mentioned the same by providing this info which is not officially declared:

"Rs. 180,000 charges imposed as Town Development Charges by Bahria Town for Phase 8 developed plots. Probably these charges will be started from 15th of June and will be payable in 2 years installment plan"

So it will become a bad news and possession related news will give benefit to investors so it will become a good news, how strange, when we talk about ethics, it says we are not allowed to make an announcement until it is officially declared by the relevant person, organization or authority.

I am not supporting or anti DHA or Bahria Town or CMY or else. But my question is that where investor get benefit of millions (specially overseas) that news is a very good news that project is a very good project and when we loose some thing, we say that news is very bad (and also blame the person who give that news) and that project is very bad.

I agree with your that we should not play role of Dhobi ka Gadha any more now.

Hope fully admin of this site or the moderators will not remove this conversation and will show the courage to face the reality.
shumaila replied on Saturday, April 23, 2011 09:27 AM 

salam brothers, my husband recently bought a 10 marla plot in bahria town phase 8 few months back with his hard earned money, really disappointed 2 c such news, what should v do 2 recover the loss if the price goes down if these additional charges r implemented? should v build a grey structure on the plot & sell it on profit or should v wait & hold the plot?
ur expert advice is highly appreciated
STRANGER replied on Monday, April 25, 2011 04:49 AM 

Sister Shumaila,

I am not an expert in this regard,but i were you,then i would just hold it till some time to see the trend of markeet.its too early to say where it will lead.
Malik replied on Monday, April 25, 2011 01:38 PM 

making a grey structure in Phase 8 at this time will not yield u much of the profit as the area is too little populated. Its better u just dispose off the plot.....may be this thing saves u from more loss.. other option is to pay development charges of Rs 180,000/- in two years. If u start paying them than i m sure that after two years another installment plan by Mr Malik Riaz will be ready.......
Bahira town has failed to launch any worthwhile phase after phase 8 due to crisis in property sector and recession in economy.....so the only source of income left is to rob as much the members of phase 8 as possible.......
LRE Hot Topics replied on Tuesday, April 26, 2011 06:07 AM 

Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics
khmran replied on Thursday, August 4, 2011 03:51 PM 

malik riaz of bahria town is a big gun and as per pakistan,s culture
no body can force him to get back his money.if u go in court he have enough money to play with law.so it is up to him that he impose development charges one or two or three times in this way he get billions of rupeer for him and government officials like zardari sb, nawaz shareef sb, perwaiz musharaf sb.\
in asiana housing scheme bahria town is developing free of cost one block for shahbaz shareef repo and this is our money.
mushraf have a palas in islamabad which was developed by malik riaz sb free of cost and we have to pay him the cost in shape of development charges.
i have 10 marla plot in phase 8 sector j and i have booked the plot on and completed all instalments in time but after instalments i cannot get the posseetion till now 05/08/2011
i even dont knoe when he can give me the possetion .
in kamran khan show (u can see on u tube ) he lies with people that he have not a single member who can say that he did not get the possetion in time.just like politicians (itna jhoot bolo k woh such lagnay lagay.) how he can develop new blocks and societies when he did not complete development of his previous scheme.
i just cant undrstand what kind of judicial system and what kind of people they are.one other thing he impose development charges after completion of plot instalment and that was more than plot cost.
note::::: never invest in bahria town projects u can loose all ur earnings any time.
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