Bahria Town Phase 8 Rawalpindi Latest Rates & Development Status

Bahria Town Phase 8 Rawalpindi Latest Rates

Bahria Town Phase 8 Rawalpindi Latest Rates & Development Status  , Bahria Town Phase VIII is huge as it comprises many blocks and sub-projects including Bahria Orchard, Club City, Awami Villas, Safari Valley, and Bahria Hamlet. The blocks included in Bahria Town Phase VIII proper include Blocks A, B, C, C, E, E-1, E-2, E-3, E-4, F-1, F-2, F-3, F-4, F-5, G, H, I, J, K, L, M, N, Overseas-1, Overseas-2, Overseas-3, Overseas-4, Overseas-5, Overseas-6, Overseas 7 and Block P.

Overall, Phase VIII is developed by over 70% and possession for the developed parts is also available. Development work is underway on lands and areas free from litigation and pending otherwise. As soon as Bahria Town gets possession of certain piece of land, it starts development work on it to hand over possession to the respective owners. In this regard, possession is expected soon in Blocks M and N.

Price trends

Compared with rates recorded back in May this year, there has been a steady rise in prices in some blocks, while it is pretty much same for the rest. The main reason behind this uneven appreciation in rates is due to the fact that litigation issues haven’t yet been solved in some areas. Furthermore, market value of plots and blocks that are lower than the ground level is also cheaper.

BlocksPlots sizePrice range PKRPossession Status
Block A10-marla3,500,000 – 4,500,000Available
1-kanal6,500,000 – 12,500,000Available
Block A110-marla4,000,000 – 5,500,000Available
1-kanal8,000,000 – 12,000,000Available
Block B10-marla4,000,000 – 8,500,000Available
 1-kanal8,500,000 – 11,000,000Available
Block C10-marla4,000,000 – 8,500,000Available
1-kanal7,500,000 – 8,500,000Available
Block D10-marla4,000,000 – 9,500,000Partially Available
1-Kanal8,500,000 -12,000,000Available
Block E10-marla4,000,000 – 8,000,000Available
1-kanal9,000,000 – 11,000,000Available
Block E-16-marla2,800,000 – 3,500,000Available
10-marla5,000,000 – 6,500,000Available
Block E-26-marla2,200,000 – 3,000,000Available
Block E-36-marla2,200,000 – 3,000,000Available
Block E-46-marla2,400,000 – 3,200,000Available
Block F-110-marla4,000,000 – 8,500,000Available
1-kanal8,000,000 – 9,500,000
Block F-210-marla2,700,000 – 5,500,000Available partially
Block F-310-marla2,700,000 – 6,000,000Available partially
1-kanal7,000,000 – 8,500,000Available partially
Block F-41-kanal4,700,000- 7,000,000Non-possession
Block F-51-kanal3,200,000 – 4,000,000Non-developed, non-possession, litigation
Block G10-marla3,000,000 – 5,500,000Available
Block H10-marla4,000,000 – 7,500,000Available
Block I5-marla2,300,000 – 2,800,000Available
8-marla4,000,000 – 5,000,000Available
10-marla4,200,000 – 6,500,000Available
Block J7-marla3,000,000 – 3,500,000Partially developed, Non possession
10-marla3,000,000 – 4,000,000Partially developed, Non possession
Block K7-marla2,000,000 – 2,500,000Partially developed, Non possession
10-marla2,800,000 – 3,500,000Partially developed, Non possession
Block L5-marla2,000,000 – 2,500,000Available
 7-marla2,900,000 – 3,500,000Available
 10-marla3,500,000 – 5,000,000Available
Block M5-marla2,200,000 – 3,500,000Possession expected soon
Block N8-marla3,500,000 – 4,500,000Possession expected soon
10-marla3,200,000 – 4,200,000Possession expected soon
Overseas 110-marla10,000,000 – 12,500,000Available
1-kanal11,000,000 – 1,600,000Available
2-kanal17,500,000 – 22,500,000Available
Overseas 210-marla6,000,000 – 8,000,000Available
Overseas 310-marla6,000,000 – 8,500,000Available
1-kanal10,000,000 – 12,500,000Available
Overseas 41-kanal8,000,000 – 10,000,000Partially Available
Overseas 55-marla2,500,000 – 4,500,000Partially Available
10-marla7,000,000 – 8,500,000Available
1-kanal8,000,000 – 15,000,000Available
Overseas 610-marla6,000,000 – 9,000,000Available
Oveeseas 710-marla7,500,000 – 9,000,000Available
Block P1-kanal5,000,000 – 7,500,000Available

 

Al Madina Estate & Builders

+92 333 3690000

+92 300 3690000

Email : [email protected]

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Bahria-Enclave

Bahria Enclave Updates from investment point of view

Bahria Enclave is one of the most popular places in Islamabad among investors looking to take no risks. For this reason, as soon as there is a drop seen in demand, property rates in Bahria Enclave also drop. However, this drop is subjective and considered as impeding for blocks and plots where development work is underway.

Lately, a surge in demand has been noticed for Bahria Enclave. If you are among the potential buyers looking to buy property here, this update will come in handy.

Market trends

An instant rise in demand for property in Bahria Enclave was noted in late July this year. It is important to mention here that the market otherwise remained at a stand still during May and June, which also brought along a significant drop in prices of plots in popular blocks. The drop rate is higher for blocks which were previously more popular among investors.

With market activity resuming and the number of people interested to invest in Bahria Enclave going up, there are new blocks and new offers susceptible to attract potential buyers. Sources also confirm that activity is picking up for Bahria Enclave and these potential buyers include both walk-in clients and those inquiring about promising investment options over the phone.

 

Buying trends

Throughout 2018, demand has remained high for 10-marla plots in Block C-1, while Block H has lately turned out to be more popular for the 5-marla plot category. Buyers interested in 1-kanal plot category found Block C more attractive.  plots around Block C’s sector park have especially sold like hotcakes in the past.

When asked about the situation in previously popular Block N, Akhtar replied that in the absence of investors during the last couple of months, rates here dropped significantly. The drop was prominent because the rates had gone up by a decent percentage in the past investment phase. For the blocks where development work was yet to kick off, price depreciation was less prominent.

Shedding light on price trends of plots in the developed blocks, Akhtar said that drop was rather marginal, and has lately been recovered.

Development status

Bahria Town’s machinery is currently busy developing Blocks P, K, O and Blocks C-1 and C-1 Extension. Despite the fact that development work in Block N hasn’t been completed yet, work there has been put on hold. It is a general perception that as soon as a new deal is launched in some block, the machinery is moved there. This leads to selling the land faster as investors see work in progress on the site and feel convinced that their investment is poised for growth in market value.

Initiation of development work in fact jacks up property rates. Combined with active buyers, the process becomes quicker. Lately, Bahria Town has launched new deals for plots in Blocks P and K and since these are essentially issued as forms, no property tax or transfer fee is applicable on them.

A look at market rate

By comparing the rates shared in the previous blog, you can have a fair idea on the price fluctuation seen during these months. In a way, the dropped rates combined with increased interest to buy property in Bahria Enclave, has created the perfect opportunity to invest here. Have a look at the current rates of plots block by block;

BlocksPlot sizePrice range
Block A10-Marla9,000,000 – 13,000,000
 1-Kanal12,000,000 – 17,000,000
Block B5-Marla5,500,000 – 6,500,000
 8-Marla5,500,000 – 7,000,000
 10-Marla8,000,000 – 8,500,000
 1-Kanal12,500,000 – 13,500,000
Block C-110-Marla7,000,000 – 10,000,000
Block C1-Kanal15,000,000 – 18,000,000
 2-Kanal35,000,000 – 37,500,000
Block E1-Kanal13,000,000 – 13,500,000
Block F5-Marla3,600,000 – 3,800,000
 8-Marla4,400,000 – 4,600,000
 10-Marla6,500,000 – 7,500,000
 1-Kanal11,500,000 – 12,500,000
Block G5-Marla5,000,000 – 5,500,000
 8-Marla7,000,000 – 7,500,000
 10-Marla6,000,000 – 6,500,000
Block H5-Marla4,800,000 – 5,300,000
Block I5-Marla4,000,000 – 4,500,000
 8-Marla6,000,000 – 6,500,000
Block J8-Marla4,000,000 – 5,000,000
 10-Marla7,500,000 – 8,500,000
Block K10-Marla5,500,000 – 6,000,000
Block L1-kanal13,500,000 – 14,000,000
Block M10-Marla6,000,000 – 8,000,000
 1-Kanal11,500,000 – 12,000,000
Block N5-Marla3,800,000 – 5,000,000
 8-Marla5,500,000 – 7,000,000
 10-Marla6,000,000 – 7,000,000
Block O5-Marla3,500,000 – 3,800,000
 8-Marla5,000,000 – 5,000,000
Block P10-Marla5,000,000 – 5,500,000

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Bahria-Garden-City

Bahria Garden City New Booking 10 Marla Plot Location and Plot Prices

A new deal of 10 Marla developed residential plots in Bahria Garden City Zone 4 has been launched on easy installments.  These new plots are located right opposite to Golf Course near Rubaish Marquee, and it is an ideal location for future residence in Bahria Town where high-end living facilities are already available.

New booking is available on 1.5 years installment plan, and it comprises only 10 marla residential plot. Possession of plots will be handed over after 2nd installment. Bookings start from just 25% down payment, while remaining amount is payable in 6 equal quarterly installments.

Second entrance of Garden City is also open which is right opposite to DHA Phase 2 on GT Road. It lies at about 5 minutes drive from T Chowk, hence it becomes a better alternative of DHA for living in this area.

Map of new plots is available, so you can choose your plot number from the given map. Development work is already at final stages, so it is recommended to consider this option for your residence in Bahria Town.

Following are the prices and payment plan of 10 marla plots in Bahria Garden City Islamabad:

Total Price: 1.05 Crore

Down Payment: 27.50 Lacs

Installments: 12,91,666 x 6 Quarters

Few category plots (corner, boulevard) are also available for booking, and following is the payment plan:

Total Price: 1.10 Crore

Down Payment: 32.50 Lacs

Installments: 12,91,666 x 6 Quarters

You can book your plots by paying the down payment only. No transfer and tax charges are applicable for these plots, so you save a good amount by purchasing these plots. After down payment, you will receive the open booking form for a certain plot number that you will fill in with required details, and attach required documents (cnic copies and photos) to submit in Bahria Town to complete the booking process.

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