bahria town karachi possession form

Bahria Town Karachi Possession Process

Bahria Town Karachi Possession Process

Bahria Town Karachi has announced to increase the deadline to get possession of developed properties till 31st January 2020. Previously, the management of the mega real-estate project had directed the property owners to clear their dues and apply for the possession of ready-to-handover residential and commercial plots also as apartments and villas in several precincts. During this regard, a notice for Bahria Town Karachi possession had been dispatched to the concerned owners in December 2019.

The main reason behind the extension within the deadline, which was previously ended at 15h January 2020, appears the huge response Bahria Town Karachi has received over the past few days. The possession counters at the project’s office have witnessed an influx of property owners, thus prompting the management to increase the last date.

In a recent tweet, Bahria Town Chairman Malik Riaz also announced the plot location are going to be allotted to the old members consistent with the map. Meanwhile, those that invested in Bahria Paradise and Bahria Sports City are going to be ready to obtain their plot numbers in March.

Although the possession process in Bahria Town Karachi is quite systematic, the general public rush due to the recent announcements can make it a touch time-consuming. Therefore, if you would like to avoid any unnecessary delays, you ought to familiarize yourself with the procedure to get possession within the upscale housing society in Karachi.

Let’s take a glance at this step-by-step guide Bahria Town Karachi Possession Process

Is Your Property Ready For Possession?

As mentioned above, Bahria Town Karachi dispatched notices to concerned property owners regarding possession handover in December. If you’ve got received such notice, it means you’ll apply for possession by clearing outstanding dues, paying the possession and utility charges and submitting required documents.

However, if you haven’t received a notice, you’ll simply visit the ‘Possession and Category Information’ counter at the Bahria Town office and inquire about the status of your property by showing the statement of your last payment and/or your Bahria Town Karachi registration.

If your property isn’t ready for possession, you’ll need to await subsequent Bahria Town Karachi possession announcement. On the opposite hand, if your property is prepared for possession handover, acquire the possession request form also as possession and utility charges slips from the ‘Possession and Category Information’ counter. Also, don’t forget to ask about the other charges which may be applicable.

Address: Bahria Town Customer Support Center, Bahria Town, Super Highway, Karachi.

Contact Number: 021-36161555, 021-38636936

CURRENT POSSESSION AND UTILITY CHARGES

Here is a breakdown of current Bahria Town Karachi Possession Process charges along with the applicable utility charges.

Type Size Utility charges Possession charges Maintenance charges
Residential plot 2,000 sq. yd. & above PKR 422,500 PKR 351,000  —
 — 1,000 sq. yd. PKR 370,500 PKR 253,500 PKR 13,000
 — 500 sq. yd. PKR 253,500 PKR 214,500 PKR 6,500
 — 250 sq. yd. PKR 117,000 PKR 136,500 PKR 3,250
 — 125 sq. yd. PKR 84,500 PKR 97,500 PKR 1,950
Bahria Homes Paradise PKR 485,000 PKR 375,500 PKR 6,500
 — Sports City Villa 350 sq. yd. PKR 273,000 PKR 422,500 PKR 4,550
 — Quaid Block 200 sq. yd. PKR 214,500 PKR 286,000 PKR 2,600
 — Iqbal Villa 150 sq. yd. PKR 169,000 PKR 214,500 PKR 1,950
 — Old Bahria Homes 200 sq. yd. PKR 214,500 PKR 195,000 PKR 2,600
 — Old Bahria Homes 150 sq. yd. PKR 169,000 PKR 214,500 PKR 1,950
Bahria Apartment 4-Bed 2,950 sq. ft. PKR 227,500 PKR 370,500 PKR 3,250
 — 3-Bed 2,250 sq. ft. PKR 169,000 PKR 292,500 PKR 2,350
 — 2-Bed 950 sq. ft. PKR 110,500 PKR 227,500 PKR 1,950
Farm Houses 2 acres PKR 877,500 PKR 1,235,000 PKR 26,000
 — 1.5 acres PKR 682,500 PKR 1,007,500 PKR 18,200
 — 1 acre PKR 455,000 PKR 715,000 PKR 10,400
Commercial Plot Over 1,000 sq. yd. PKR 845,000 PKR 600,00 PKR 15,000
 — Up to 1,000 sq. yd PKR 955,500 PKR 525,000 PKR 13,000
 — 500 sq. yd. PKR 845,000 PKR 812,500 PKR 6,500
 — Up to 250 sq. yd. PKR 513,500 PKR 747,500 PKR 3,250
 — Up to 200 sq. yd PKR 409,500 PKR 585,000 PKR 2,600
 — 120 sq. yd. PKR 357,500 PKR 422,500 PKR 2,000
 — Liberty Commercial PKR 475,500 PKR 525,000 PKR 4,500
 — Jinnah Avenue Commercial PKR 942,500 PKR 1,560,000 PKR 6,500

Please note that these charges are subject to change at the discretion of Bahria Town Karachi.

You can make your payment through cash or pay-order in any of the authorized bank branches nearby your home. It can also be paid at one of the designated bank counters at the Bahria Town office. 

Required Documents

Here is the list of documents required while applying for Bahria Town Karachi Possession Process .

  • Passport size photographs (two)
  • Computerized National Identity Card (original + copy)
  • Bahria Town Karachi possession form 
  • Provisional allotment letter (if issued)
  • Possession and utility charges slip 
  • Original deposit slip of category charges (if applicable)
  • Original customer copy of the booking form 
  • Transfer Letter along with original installments slips (if applicable)
  • Authority letter on PKR 100 stamp paper along with a copy of the allottee’s CNIC copy and passport size photo (in case the allottee can’t come)

Once you visit the Bahria Town Karachi office with these documents, get a token from the counter and wait for your turn before applying for possession.

Bahria Town Karachi Possession Process

 

Bahria Town Karachi Maps

 

 

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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;

Blocks Plot size Price range
Block A 10-Marla 9,000,000 – 13,000,000
  1-Kanal 12,000,000 – 17,000,000
Block B 5-Marla 5,500,000 – 6,500,000
  8-Marla 5,500,000 – 7,000,000
  10-Marla 8,000,000 – 8,500,000
  1-Kanal 12,500,000 – 13,500,000
Block C-1 10-Marla 7,000,000 – 10,000,000
Block C 1-Kanal 15,000,000 – 18,000,000
  2-Kanal 35,000,000 – 37,500,000
Block E 1-Kanal 13,000,000 – 13,500,000
Block F 5-Marla 3,600,000 – 3,800,000
  8-Marla 4,400,000 – 4,600,000
  10-Marla 6,500,000 – 7,500,000
  1-Kanal 11,500,000 – 12,500,000
Block G 5-Marla 5,000,000 – 5,500,000
  8-Marla 7,000,000 – 7,500,000
  10-Marla 6,000,000 – 6,500,000
Block H 5-Marla 4,800,000 – 5,300,000
Block I 5-Marla 4,000,000 – 4,500,000
  8-Marla 6,000,000 – 6,500,000
Block J 8-Marla 4,000,000 – 5,000,000
  10-Marla 7,500,000 – 8,500,000
Block K 10-Marla 5,500,000 – 6,000,000
Block L 1-kanal 13,500,000 – 14,000,000
Block M 10-Marla 6,000,000 – 8,000,000
  1-Kanal 11,500,000 – 12,000,000
Block N 5-Marla 3,800,000 – 5,000,000
  8-Marla 5,500,000 – 7,000,000
  10-Marla 6,000,000 – 7,000,000
Block O 5-Marla 3,500,000 – 3,800,000
  8-Marla 5,000,000 – 5,000,000
Block P 10-Marla 5,000,000 – 5,500,000

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bahria town donates for dams

Bahria Town Donates Rs4.26 Crore In Dams Fund

 Donations continue to pour in for the dams fund started by Chief Justice Mian Saqib Nisar for the construction of Daimer Basha and Mohmand Dam.

The Bahria Town administration has announced to donate Rs 4.26 in the dams fund.

The statement issued by the Bahria Town administration said that they would make use of all the resources for country’s peace and prosperity. The Bahria Town administration urged the people to donate for the dams so the country could grow green and could be saved fromelectricity and water crises.

The Fund has been established by the SBP on the directions of the Supreme Court. The fund may receive donations from both domestic, international donors and contributions from abroad which will be received at all branches of above mentioned banks where such branches exist.

The trend was started by Chief Justice Mian Saqib Nisar who donated Rs 10 lac for the construction of dams.

Following the chief justice, ISPR DG Major General Asif Ghafoor said that the officers of pakistan Army , Navy and Air Force would contribute their two-day pay, while soldiers one-day pay for this national cause.

Acting President Muhammad Sadiq Sanjrani also announced a donation of Rs1.5 million in the funds meant for the construction of Diamer Bhasha and Mohmand dams.

Meanwhile, Habib Bank Ltd has announced to donate Rs 10 crore for the construction of dams while the employees of Faisalabad Electric Supply Company (FESCO) announced to contribute their one-day salary in the construction of Bhasha and Mohmand dams.

Officers of Khyber Pakhtunkhwa Government will contribute their three-day salary to the fund for the construction of Diamer-Bhasha and Mohmand dams.

Caretaker Minister for Foreign Affairs Abdullah Hussain Haroon has donated the entire salary of his tenure in the Fund-2018 meant for the construction of these dams.

Allama Syed Iftikhar Hussain Naqvi, a renowned scholar and member Council of the Islamic Ideology CII has donated his one month salary for Dams Construction Fund.

Judges of Islamabad High Court (IHC) have donated Rs 1 lac each while Veterans of Pakistan(formerly PESA) have also decided to contribute from their monthly pensions.

The Pakistan National Shipping Corporation (PNSC) also contributed Rs20 million to Chief Justice’s Diamer Bhasha and Mohmand Damn Fund.

Moreover, 

Last month, hearing a review petition against the May 4 judgment of the apex court in which it had banned Bahria Town from selling any plot or constructing apartments in its housing scheme in Karachi, a three-judge SC bench headed by the CJP ordered Malik Riaz to furnish in two weeks Rs5 billion before the court to show his commitment to resolving the issues relating to the exchange of government lands for the development project.

The court also dropped hints to attach the property of Mr Riaz. But the Bahria Town owner, who himself appeared before the court, requested it not to do so, saying that it could be used against him. He explained that he owned no property except one in the name of his wife.

 

The apex court also stopped the National Accountability Bureau (NAB) from taking any action against Bahria Town management or anyone who has been named in its judgment now under review.

The SC, in its order, had said as one of the judges who was part of the bench which announced the verdict has retired now and the other judge has given a dissenting note in favour of the Bahria Town, a new five-member bench will be constituted to hear the review petition.

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