Bahria Orchard Rawalpindi: How things stand three years on

Bahria Orchard Rawalpindi, launched in 2015, is currently the lowest-priced section of Bahria Town Rawalpindi, and not unexpectedly so, since it is indeed the remotest part of Bahria Town and one of the least developed. This is not particularly surprising, considering that population hasn’t expanded to that point. In short, things are taking time, but considering the circumstances, it is nothing out of the ordinary, and nothing to worry about. Read on to find out exactly how things currently stand in the sub-project.

Some development has taken place

This is one of the good news from Bahria Orchard. According to Faisal Awan of Zubair Builders and Fahad Mushtaq of King Real Estate Consultant & Builders, some development has taken place. Indeed, some of the initial streets and plots are actually ready for possession, though possession is not available yet.

Fahad, however, expected the possession in those particular plots to become available in five to six months. The remaining work in other parts of the project will take time, both Awan and Fahad felt. They were of the opinion that it will take around two years.

Market has been slow and prices rather low

Both Fahad and Awan agreed that market has been rather slow for the past few months, at least, particularly in the post-election period.  According to Fahad, while the prices of 5-marla plots have been on a downward trend, the prices for 10-marla plots have seen some appreciation. In either case, most of the clients interested in Bahria Orchard are the ones looking for affordable plots where they can construct their homes and live in around four years, or they are looking to make long-term investments.

Currently the prices in Bahria Orchard stand as follows:

Buying considerations

In general, if you are an investor, you should look towards Bahria Orchard only if you are looking to make long-term investment. Eventually, great margins for profit can be expected in the project, they can take around 3 to 5 years according to the experts interviewed. There are, indeed, several things which add to the margin for profits. There is going to be Rawalpindi Ring Road which is expected to provide easy access to the project through DHA Phase III.

Similar conditions will apply to genuine buyers looking to construct their homes in around 3 or 4 years. The main consideration for the genuine buyers is the population and other families living there and this is expected to take 3 or so years anyway.

Meanwhile, Shakeel Ahmed of Usmania Real Estate and M Fayyaz Saleem of FB Builders & Real Estate Consultants believe that for a relatively short-term investment, Sectors F-2 and F-3 would be the best option. Possession is going to be available there soon and a good margin of profits exists in the short-term.

Are you looking to buy in Bahria Orchard? Do you have any questions about it? You can talk to us in the comments section. You can also head to the Zameen Forum for a detailed discussion.