Bahria Enclave is a large and mix use development in close vicinity of Islamabad.
Plus: Beautiful location, security, good development standards, amenities, shopping malls, cinemas, parks, commercial etc etc.
Minus: Still far compared CDA Zone 1
CDA Zone-1 is the most favorite place for many people due to its location and close proximity to all the attractions.
Plus: Location, location, location!
Minus: Security, poor development standards, poorly managed infrastructure with no maintenance, electricity outage, water issues in some places etc etc.
So the question is if Bahria Enclave will be good enough to break the legacy of Zone-1 in 2-3 years
Please share your thoughts.
Honestly, Bahria enclave will not be live-able until at least 5 years. By saying this, I mean, all the civic ameneties available.
In my opinion, extra hype created for BE for the moment. But after civic ameneties available, it will be a good living place having Bahria standards.
I have also heared from dealers there that development pace has slowed down due to very hard terrain.
Yea BE can break legacy of zone if Awan -e-Sadar, National Assembly, Senat open their branch offices in BE or at least I would like to suggest MNA hostel in BE with all those popular things…
Hahaha… Good one
Ehsan Sb, 5 years is a bit too long assumption. Given that there is a possession in block A of Bahria Enclave already and the houses are being built at a good pace, I think we can assume a reasonable population in 2-3 years time
Zone-1 will remain Zone-1 !
No Private limited Company OR Housing Society can outclass this GIANT in decades to come.
I agree but here is my theory
This giant has never been challenged before as there were all poor and far located developments with low quality thus making no impact to Zone-1 rather helping it grow in valuation
Probably it will be the first time when good quality will compete with good location head to head.
At the end of the day property is all about demand and supply
F or E guy would like to tag himself with quality without losing his status and even save a lot of money if he sells his house and builds one in BE
Not a bad business case to me
No, Never.
Dude there is Park Enclave in that area.
Bahria Enclave might challange this not Zone-1.
By the way can u tell me how much is in KM's BE is from Park Road ??
Shed something on ACCESS ? How u Access from Park Road and if someone has to come through Barakahu what is the route taken ?
May be after 10-years you CAN about this comparison. Bahria announced soooo many high rise buildings in last 7-8 years but how many completed and delivered? Developing only plots doesnt mean enclave can compete zone-1 which is very very established. I think zone-1 will remain ahead even after 10-years.
Dear ISBase Bh,
Regarding access road, BT is building a 4 lane highway starting from Park road all the way. Work is under progress on one side of it all the way till BE gates. It takes 10-12 minutes from Park road to BE.
Once fully developed it will be even less time to reach so I guess access is not an issue and as time passes we can expect more development on this front
In my view there is no comparison of Park Enclave with BE as first of all there are no chance of PE getting developed in near future and secondly of all even if it gets developed it will be so much inferior to BE that I don't think it will really stand a chance with its already high price tag
It might be possible in 8-10 years. 2/3 years is a very short time for things to turn around. Commercial centers and attractions always move/shift within the city. For example at first population concentration and commercial facing in Pindi was around Sadar area, then shifted towards raja bazar and currently it's around commercial market and wider muree road area of Pindi.
In Islamabad first it was aabpara, then super market, then Jinnah super, blue area and then f-10. Population and property prices have increased with the shift or vice versa. Anyhow the bottom line is that the older area does not lose its value but new areas emerge and stand parallel to them in the long term.
For BE highway link from park road is under construction. The second link road will be from korang road (google will give you a picture) to Kashmir highway. This link will bypass populous of bahara kahu. Third connection will be through BE2 connecting to Golf City connecting to Muree express way.
I am right in thinking that people who are unable to make their choice between BE and CDA sectors , investors, genuine buyers, should buy in CDA now and wait for 2-3 years ?. Two to 3 years down the line one should still be able to sell in CDA and buy in BE with that money but it wont be possible to do it the other way around ?
Thanks Mr Zubair. A good and logical answer..
new developments/ smart cities are not only standing parallel but even outclassing old developments to a large extent.. Just look at neighboring countries in middle east and Asia and you will find similar trends as new developments are providing much better living standards , security, amenities etc.
Zafar Sb, If we take above analogy then I guess the opposite will be true as appreciation in new developments should be higher
In my personal view, BE will be one of the most beautiful and expensive place to live in Islamabad in the coming few year... Although, it will be difficult to predict exact time frame due to very fragile situation in overall Pakistan...
We should all pray for the prosperity of Pakistan and bright future.
Regards
First of all i appreciate Ht_1 for initiating this discussion topic. We can elaborate the topic further:
Is there any one society or area which can break the legacy of zone 1 if yes who can break that legacy
How we can compare n what is the time frame
I think if there is any project or area which can break this legacy, it is only Behria enclave. One of our friends said above that presidency national assembly etc will remain there so zone 1 n bahria enclave cannot be compared. I think this is not a case. All these were there but why F11 F10 E11 etc are so expensive even they are so far from these organizations. Boundaries of zones have no signicance as they neither traditional nor administrative. The only important thing is the distance of that area from the center (let's say it is F-6) and access/road network within zone 1 or between zone 1 and other zone . By that standard again bahria enclave meets the requirements plus stand of development n security are there otherwise 1-14 is also in zone 1 but does not meet the above determined basis.
As far as time limit is concerned we should decide first that which area of zone 1 we are going to compare with BAHRIA ENCLAVE in next few year time period. Let's say F10 is a benchmark then I Bahria ENCLAVE needs 5 years at least to compete with F10.
More explanation will given when the discussion will get the pace
All depends on Mr. MRs priorities, at this stage we can only speculate about the development speed.
However it seems though that BE and BTK will be top priority in the years to come as a lot is on stakes and both being very strategic for Bahria for future business.
Gaining investor confidence should be his most important priority
This is a very informative and interesting discussion!
The appreciation in Zone 1 is due to investor confidence as it is considered safe for investment. So much so that no other society for that matter comes close to its price levels and the gap continues to increase.
Even DHA or Bahria RWP have failed to reach close to its levels.
However I think a point will soon come when the gap will be unreasonable for investment (We should not forget that rental market us not increasing with such pace)
This gap will eventually help shoot up prices for nearby projects. BE is very well positioned to take advantage to close the gap.