Just for some background (my conversation with MBS on another thread titled 'Billions stuck in BTK ...):
"----------------------------------------
"MBS
Senior Authority
(751 posts)
Government initiatives / Public spending and location can transform any property and in bahria's case, they've got both. Consider factoring for these and you might wana change your opinion:
KARACHI itself: population and economic potential of Karachi is the highest in Pakistan
Dire Need for secure business and living environment in Karachi
Location: In the middle of two big cities on motorway which is soon expected to be expanded and become part of Economic Corridor with China
Neighborhood: Dha City Karachi 11600 + 8000 acres of upcoming development
Political Support
Land: on the operational side, the land is fairly plain like Lahore, so development cost is cheaper and naturally progresses faster than it did in isb/pindi's terrain.
Litigation free: Plenty of land acquired with due approvals from government
As of now I have not come across one good reason for it not becoming successful other than the current selling pressure coz of over subscription in 5 marla by naïve investors.
This is how I interpret it, please enlighten me where am getting overly optimistic :)
9 days ago
MBS
Senior Authority
(751 posts)
And I completely agree with Isloo's comment. MR always gets his first project right to show it as a demo for launching further projects.
And this "kill" was really a big one, the boa will digest it in peace. :)
9 days ago
Pk1
Expert Authority
(1393 posts)
Bilal I truly hope and pray that you are right insha-Allah. Just one thing that makes me nervous is that Karachi gives me that eerie feeling of Gotham City, the hold of Carmine Falcone and the return of the Joker(you know who)!
Whats worse, there is no Wayne or Commissioner Gordon in sight.
9 days ago
MBS
Senior Authority
(751 posts)
Hahaa not a batman fan so no idea about the characters but yeah u never know what could happen in Pakistan. We can only do our maths but kabhi bhi kuch bhi ho sakta hai :) but overall bahria town is not handling it well, they are turning greedy now and this is not good. They MUST deliver now in bahria enclave, sector E,F in Lahore to maintain investors confidence.
9 days ago ----------------------------------"""