How to choose the best places for your investments

How to choose the best places for your investments

How to choose the best places for your investments?

If you are interested to invest your money in buying any property or you want to do business into real estate then you need to be wise and intelligent. In Pakistan, there are so many beautiful places where you can purchase or sell property and you can also live in a rented house or rented apartment or rented room. You need to keep some important things in your mind while doing your investments which are shown below.

Property laws and it’s taxes:

You need to check out the laws and taxes of property by getting full information from real estate agent and by reading the important documents of property. After full satisfaction, start your investments.

Prices of properties:

If the property is very good then the price will also be very high but you must understand that when you create a big investment then the profit will also be very high and you will be benefited a lot.

Safety and crime aspects:

Your safety and protection must be there while you are doing your investments. Install good and high definition security cameras in your purchased property and you can also hire security guards for your good security. Do your investments safely.

Presence of good schools:

Good schools are also so much important places where you can send your children for acquiring good education. Ask your real estate agent about the educational facilities for your children which are situated near your property. Good academies and good schools both are important for nurturing your children future.

Well established areas:

The area of property in which you are interested should be well established with electricity, sui gas, water, etc. Hospitals, parks, restaurants, should also be existing near your area. When you will have all important facilities then your investments will be so much beneficial.

In this article, I have tried to explain simply about your investment in any property. I hope my this article has cleared your all doubts. Thanks for reading it!

Author : Muhammad Usman

اپنی سرمایہ کاری کے لیے بہترین جگھیں کیسے چننے؟

اگر آپ سرمایہ کاری کرنا چا ہتے ہیں کوئی جائیداد خریدنے میں یا آپ ریئل اسٹیٹ میں کاروبار کرنا چاہتے ہیں تو آپ کو عقل مندی کے ساتھ چلنا ہوگا۔ پاکستان میں بہت خوبصورت جگھیں ہیں جہاں پر آپ جائداد خرید سکتے ہیں اور جائداد بیچ بھی سکتے ہیں اور آپ کرایہ کے مکان میں یا کرایہ کے فلیٹ میں یا کرایہ کے کمرے میں بھی رہ سکتے ہیں۔ آپ کو کچھ ضروری باتیں ذہن میں رکھنی ہوں گی سرمایہ کاری کرنے سے پہلے جو آپ دیکھ سکتے اس تحریر میں۔

جائیداد کے قوانین اور اس کے ٹیکس:

آپ کو جاننا ہوگا جائداد کے قوانین اور اس کے ٹیکس کے بارے میں ساری معلومات ریئل اسٹیٹ ایجنٹ سے اور جائداد کے سارے دستاویزات پڑھنے ہوں گے۔ پوری تسلی کے بعد اپنی سرمایہ کاری شروع کردیں۔

جائیداد کی قیمتیں:

اگر جائیداد بہت اچھی ہے تو اس کی قیمت بھی بہت مہنگی ہوگی لیکن آپ کو یہ سمجھنا چاہیے کے اگر آپ بڑی سرمایہ کاری کریں گے تو آپ کو فائدہ بھی بہت زیادہ ہو گا۔

حفاظت اور جرائم کے پہلو:

آپ کی حفاظت بھی ایک بہت اہم پہلو ہے سرمایہ کاری کرنے میں۔ بہترین اچھی کوالٹی والے کیمرے اپنے گھروں میں فکس کروایں اور آپ چاہیں تو سیکیورٹی گارڈز بھی آپ رکھ سکتے ہیں اپنی حفاظت کے لیئے۔ اپنی سرمایہ کاری کریں حفاظت کے ساتھ۔

اچھے سکولوں کا موجود ہونا:

اچھے سکولوں کا بھی ہونا بہت ضروری ہے آپ کے بچوں کی اچھی تعلیم کے لیئے جہاں آپ انہیں بھیج سکیں اچھی تعلیم حاصل کرنے کے لیئے۔ اپنے ریئل اسٹیٹ ایجنٹ سے معلومات لیں کے کون کون سی جگھیں ہیں تعلیم حاصل کرنے کی آپ کی جائیداد کے ارد گرد۔ اچھی اکیڈمیز اور اچھے سکولز بہت ضروری ہوتے ہیں آپ کے بچوں کی اچھی تربیت کرنے کے لیئے۔

بہترین قائم کردہ جگھیں:

جس جگہ پہ آپ سرمایہ کاری کرنا چاہ رہیں ہیں وہاں پہ بجلی، گیس، پانی وغیرہ سب ہونا چاہیئے۔ ہسپتال، پارکس، ہوٹلز وغیرہ بھی قریب میں ہونے چاہیئے۔ جب یہ ساری سہولتیں آپ کے پاس ہوں گی تو آپ کی سرمایہ کاری آپ کے لیئے بہت فائدہ مند ہو گی۔

اس آرٹیکل میں میں نے کوشش کی ہے آپ کو آسان الفاظ اور آسان طریکے سے سمجھانے کی آپ کی سرمایہ کاری کرنے کے بارے میں۔ میں امید کرتا ہوں آپ کو اچھی معلومات ملی ہیں میرا یہ آرٹیکل پڑھ کے۔ آپ کا بہت بہت شکریہ اس آرٹیکل کو پڑھنے کا!

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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 town contact numbers details

Golf View Residencia (GVR) Development work Starts

Golf View Residencia (GVR) is one of the many Bahria Town projects in Lahore that have been the subject of controversy. The project has faced frustrating delays and there are different theories as to why. However, Bahria Town says that confusion about Lahore Ring Road (LRR)’s final route for the southern loop is the reason behind GVR delays.

The development update

Concerns about the delay in initiating development work in GVR have been addressed as Bahria Town’s machinery has been dumped at the site. At Bahria Town’s main office in Bahria Orchard, a notification is available, which reads that development work in GVR has been initiated and members can see the work in progress at the site. Here are some of the latest images that we have procured exclusively for blog readers:

Development work begins in Golf View Residencia – is the trouble over? May 5, 2017 • Buying,Housing Schemes,News & Updates     Share   Golf View Residencia (GVR) Development work begins in Golf View Residencia – is the trouble over? May 5, 2017 • Buying,Housing Schemes,News & Updates     Share   Golf View Residencia (GVR) Development work begins in Golf View Residencia – is the trouble over? May 5, 2017 • Buying,Housing Schemes,News & Updates     Share   Golf View Residencia (GVR) Development work begins in Golf View Residencia – is the trouble over? May 5, 2017 • Buying,Housing Schemes,News & Updates     Share   Golf View Residencia (GVR) Development work begins in Golf View Residencia – is the trouble over? May 5, 2017 • Buying,Housing Schemes,News & Updates     Share   Golf View Residencia (GVR)

A little Background

The project was launched back in 2013 and it featured 10-marla and 1-kanal residential plots on a payment plan spanning 2.5 years. The launching price of a 10-marla plot was PKR 3,100,000 and that of a 1-kanal lot was PKR 6,500,000. Over one and half year has passed since the last instalment for these plots was due.

Due to the delayed development work, file owners staged a series of combined protests along with those affected by Bahria Town Sector F. After these persistent protests, the demonstrators met Malik Riaz, who addressed their concerns about GVR. During that meeting, he specifically asked GVR file owners to not pay any more instalments until development work starts.

Another controversy?

At the moment, there is a long list of people who haven’t made full payment for their plots. But there are many who have cleared their dues, which could cause trouble for some. The reason for this is simple.

Due to the LRR route – which passes through the planned golf course – several plots in GVR will be affected. In other words, Bahria Town will no longer have space available to adjust the 2,100 plots that have already been sold. Obviously, plot owners who have made full payments will be on the developer’s priority list when time comes for possession to be granted.

GVR’s map

Development work has been initiated in GVR, which means that there obviously is a map in place. But when this map will be shared with stakeholders is a question that has not yet been answered. No date in this regard has been shared, but it is rumoured that the map will be launched during this month. Only by looking at the map can we tell how many plots can be accommodated.

Reportedly, development work on LRR’s SL-3 has also been initiated and the route is the same as the one planned by the authority concerned. This also means that some plots in several sector of Bahria Town will also be compromised.

What’s next?

In the case of GVR, let’s wait and see how the developer will adjust plot file owners and what options will be given to those who haven’t paid their pending dues. Ideally, Bahria Town should introduce another payment plan for these folks as Malik Riaz himself told them to not pay their instalments.

I am waiting for the official map of the project and till we get a look everything else remains speculation. Meanwhile, if you have anything to add to this article, let me know through your comments below.

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