In line with its tradition, the Bahria Town is arranging New Year Celebrations simultaneously at Bahria Town Icon, Karachi, Eiffel Tower at Bahria Town Lahore and Trafalgar Square at Bahria Enclave Islamabad. The three events will feature beautiful fireworks, music and games to celebrate the arrival of 2018. The event at Eiffel Lahore will include a special music concert featuring Humaira Arshad and other famous singers. The Bahria Town has a tradition of organising spectacular events to celebrate every occasion. Bahria Town’s epic fireworks are always a sensational success attracting hordes of spectators from everywhere to the Bahria Town. Located on Shahrah-e-Firdousi, the 62-storey Bahria Town Icon is the tallest and the most modern structure in Karachi. The Eiffel Tower at the Bahria Town Lahore is a symbol of the Bahria Town’s success. The tower is the latest tourist attraction in Lahore. Owing to its unique concept and unrivalled amenities, Bahria Enclave Islamabad is evolving into the most desired lifestyle destination all over Pakistan. Anticipating a huge response from Bahria Town residents and non-residents, the Bahria Town administration is making special arrangements to facilitate the people to enjoy every moment of this New Year eve, at Bahria Town.
Bahria Town Karachi interchange on M-9 Motorway
Bahria Town (Private) Limited, Asia’s leading real estate developer, has arranged a separate and dedicated interchange on M-9 MotorWay by entering into an agreement with FWO (Frontier Works Organization) and its subsidiary Superhighway Construction Operation and Rehabilitation Engineering (Private) Limited (SCORE) for the establishment of an interchange at Bahria Town scheme on M-9 MotorWay . Bahria Town will bear the costs of construction of this mega project. Chairman Bahria town Malik Riaz Hussain and Zain Malik, VCE South Bahria Town, were present at the signing ceremony which was attended by the top management of both sides.
Chairman Bahria Town Malik Riaz Hussain said that the agreement was another step by Bahria Town towards fulfilling its promise to the nation for delivering world-class housing societies with facilities and infrastructure at part with the modern world. The development of the interchange and related infrastructure works at Bahria Town Karachi will considerably improve the quality of life and ease of conveyance of the residents of Karachi.
Bahria Town will construct a very elaborate entry and exit plaza comprising 2 bridges, 3 underpasses, and a causeway. In addition, these structures will be complimented by a network of slip roads and approach and exit ramps. This infrastructure will complement the state-of-the-art road network within Bahria town which also features a 400 feet wide 18 lane Jinnah Avenue which is inspired by Sheikh Zayed Road Dubai.
Work on the M-9 Interchange and related structures is due to commence immediately upon completion of necessary regulatory approvals for construction. Upon completion, the project will not only assist the commuters living in Bahria Town but shall also be a boon to travelers at large.
This complex will allow general public to easily access the amenities, comforts, entertainments recreation facilities and the modern style of development that Bahria Town Karachi offers to the public at large.
In short, signing of this agreement between FWO and Bahria Town aaugurs very well for all concerned particularly the people of Karachi.
The proposed developments are in line with Bahria Town’s tradition of undertaking and funding infrastructure projects for the benefit of the citizens of Pakistan. Recently, Bahria Town had developed, entirely at its own cost, a flyover/underpass at Clifton Karachi . Further,Bahria Town also undertook a mammoth effort cleaning up garbage from Karachi .
Bahria Golf City Karachi Latest Market Situation
Bahria Golf City Karachi Latest Market Situation , Bahria Town Karachi has been keeping its own in the relatively mute period that the real estate market is going through. However, according to our sources, investors are hesitant to invest in even Bahria Town at the moment. It is the genuine buyers who have kept their interest up. Our was more than 2 years ago, so here is the latest Market situation
A Distinctive Project
Bahria has a penchant for introducing some of the most distinctive projects in Pakistan. According to information available on Bahria’s website, the project is inspired by Emirates Hill Dubai and it is a one-of-a-kind project in Pakistan catering to golf-lovers in a luxurious community. The project features a 27-hole Professional Golfers Association (PGA)-standard golf course in one of the best gated communities of Pakistan. The residential plots on offer are sized 500 sq. yds., 1,000 sq. yds. , and 2000 sq.yds, which are to be paid for on an instalment plan of 4 years. 10 of these instalments have already been paid.
According to AD Real Estate CEO, Bilal Jarral, 70% of the development in society is already complete. Many of the artificial lakes have already been created, the parks completed or nearly so, and by the time the last six of the remaining instalments are complete, everything will be ready.
Current Market Situation
The asking premium is pretty high in the area near Jinnah Avenue, which is the starting point of the project.
The prices have, however, fallen slightly in recent months. The prices right now, on the other hand, are pretty much stable. Investors are more focused on the newer projects of Bahria Town Karachi, and it is the genuine buyers now who are focusing on this project.
The investors who take the most interest in Bahria Golf City are the overseas Pakistanis. Overseas Pakistanis know how to do their research and they are extremely cautious accordingly.
The asking premium in Bahria Town can differ remarkably according to the location of the plots in Bahria Town, according to Jarral. If you go for the lake view or the golf view plots, the asking premium for the 500 sq. yd. plots can go as high as PKR 6 million. On similar 1,000 sq. yd. plots, the asking premium on such plots, depending on location, can go as high PKR 20 million. Though the average asking premium hovers around PKR 6 million.
If you are looking to build luxury homes to retire in, or want to shift with your families to Karachi, there can be no better place than Bahria Golf City.