Aoa. I plan to return to pakistan in 2020-21. I want to buy a plot in islamabad/rawalpindi area, on which i would build a house during the next two-three years. I intend to buy a 8-10 marla plot, with price range between 5 to 7 million. I have school going kids, so i want a place where all the facilities are available, and which is secure. I was wondering if honourable members here could help me direct towards the best living society (keeping in view my price range). Kind regards
Bahria Phase 7/8 or DHA Phase 2/5
Bahria phase 7/8 , DHA 3 are the best places to have a house with school going children .DHA 2 is very good but its out of ur budget
@Sohail Din
Bahria Enclave is best option right now.Risk is big but reward is also big. Right now you can secure deals 30-50% less than previous peak prices. So it is best time to buy in Bahria Enclave.
Even if Malik Riaz end up in jail, SC will never hurt genuine buyers. Inshallah.
Enclave is way better in terms of proximity to mainstream city than P-8 etc. And better locality and more luxurious.
However, BE is not as populated and is expensive. In recent years there has been good amount of construction.
For luxury go for BE. For Economy go for P-8 as far as BT tag is concerned.
Other than that there are some other good projects that include but not limited to Gulberg Residencia, I-16, I-12, Park View City, B-17 etc.
Enclave is also infact the best location but there was a risk of the case on Malik Riaz. Right now the prices are at lower end but well explained by JDM it is all about taking risk.
The solid cases on MR are in regard to BT KHI and Takht Pari, rest that is possessed and is legal will have no impact, except for market slowdown which is almost across the market.
For BE, market is comparatively slow but that is the case for the overall market but prices not on a decline. The only affected area for BE was some small part of Sector C, entrance gate and some part of the zoo (piece of land for Kuri Model Village).
The details of that area are highlighted in the link below.
http://manahilestate.com/cda-anti-encroachment-drive-affects-bahria-enclave-islamabad/
BE had to surrender that area and once that is retrieved and formalities completed by CDA BE maybe all clear to get its NOC back. For me, the only issue is that in Sector B where price can be 6 million for a 25x50, non-provisioning of Gas (for the time being) doesn't sound good. Otherwise, the area will develop and progress faster as Park View City is nearby and development is going on at a fast pace.
@Imtiaz
Plz do remember that Lohi Bher is also a problematic area. I have my self seen that how Malik sb did encroachment in the Lohi Bher park and soon that will emerge.
Yes, for sure there can be much more. In Pakistan things matters that are in the limelight, unfortunately!! If there ever was a clean operation may be more than half of the construction and possessions will be illegal in this country. Since BT KHI & Takht Pari are the burning issues so they are the ultimate litmus tests for BT & MR.
The cat got out of the bag long ago, where the SC demanded 1000 B to get a clean chit and last offer by MR has been 350 B, lets see where dos that bargain ends!! As soon as amount agreed all will be ok, if not than new litigation will keep emerging!!
- Yes, you can do whatever magnitude of corruption and land grabbing but all of that is ok, if you can buy your way out - certificate of innocence issued by the state!!
** Supreme Court grills Malik Riaz, demands Rs 1000 billion for national exchequer
https://timesofislamabad.com/31-Dec-2018/supreme-court-grills-malik-riaz-demands-rs-1000-billion-for-national-exchequer
** SC terms Bahria Town's offer to pay Rs358b for Karachi land regularisation 'unsatisfactory'
https://www.dawn.com/news/1459108/sc-terms-bahria-towns-offer-to-pay-rs358b-for-karachi-land-regularisation-unsatisfactory
Bascically, up the offer and SC will be satisfied to give you all Ok!!. This is how unfortunately, law & system works here.
CDA back in the day declared IK house as illegal. Even last Dec CDA claimed 75% structures in Bani Gala as illegal. Nothing has happened and nothing will if you are the power elite. Law and Regulations are for the common, for the power corrupt its all bargaining chips against each other.
- CDA was on steroids while demolishing commoners property but now has been boozed up enough to be in deep sleep when it comes to the powerful ...
*CDA declares Imran’s Bani Gala residence ‘illegal’
https://nation.com.pk/10-May-2017/cda-declares-imran-s-bani-gala-residence-illegal
* Bani Gala regularisation: CDA says 75% of structures need to be demolished
https://tribune.com.pk/story/1871476/1-bani-gala-regularisation-cda-says-75-structures-need-demolished/
** CDA declares Banigala & other societies illegal
https://fp.brecorder.com/2018/05/20180509370062/
Bahria Town Phase 8, Blocks with possession, is a suitable option.
Brother,
I am not an expert, but have plot there, bought there with the same intention as yours.
Duplicate post
For the record, Imran Khan didn't do any illegal occupations on anyone's land in banigala. Unlike Bahria Enclave which swallowed CDA's, Forest departments and shamlot lands. Anything beside sector A is majority illegally acquired.
K block is under stay order. C3, C2, C1 extension are also on stay order currently requested by the residents.
G block is total encroachment on forest department land. Streets were made deep down in the forest land.
So comparison between Bahria and Banigala doesn't even make sense.
Banigala was a rural area under a union council back then. Therefore no building approval was needed.
CDA tried to take control of banigala in 80's but local villagers fought back and there was armed conflict between them and Police. After that CDA gave up on their dream of taking it over. It was never under the control of CDA administration. Therefore, no building approval was necessary from CDA back then.
Also CDA failed to show single example where they issued such approval to anyone in banigala.
i would suggest that narrow down your options and then visit these places and based upon your own personal preference make a decision. When it comes to having a house it is your own personal choice based on your own personal factors including.
1. School going kids
2. Distance from the office
3. Normally which native area you belong to
4. DHA type environment or I-10 sector type environment ( Some people like to have Markaz and other facilities rather than big carpeted roads)
based upon above factors then you can decide on some options like
1. I-16 ( close to universities but not developed as bahria and DHA)
2. Bahria Enclave ( Although case is there but developed plots should not be a issue)
3. Bahria phase 8 / DHA 3
so make your decision based on this and if i know ur preference then only i can suggest.
However, I still recommend investing in Enclave possession plots because prices are way down and every day you hear people selling in 30-50% in minus prices.
It can also be a good long-term investment if you can park your money for 10 years at least.
- There is no one on one comparison between Bani Gala and Rest. All have individual circumstances. The major issue is that in Bani Gala more than 75% structures are illegal (whether on illegal land or violation of the regulation of structures) as per ICT regulations and CDA 1960 Ordinance. Link with facts already shared in earlier post as per CDA claims. Comparison is not on the one on one technicalities, comparison is among the scenarios on how law comes into action for powerful vs the commoners.
** THE CAPITAL DEVELOPMENT AUTHORITY ORDINANCE 1960
http://www.cda.gov.pk/documents/docs/cda-ordinance-1960.pdf
To me whoever has done wrong must be made and example and each inch retrieved. However, that does not seem to be the case. For the commoners after 3 day notice their structures were bulldozed. However, in case of Bahria Enclave whatever claimed encroachment is, nothing has happened.
** A story of unknown call: CDA’s anti encroachment stopped yet again - Jan 29, 2019.
"* Three times the operation has been stopped * Despite full preparedness, CDA cancelled operation against Bahira Enclave after ICT official received a "call", thereby wasting resources and time of public agency"
https://bit.ly/2FXI06T
By the way here is that ECL that this joke of a cabinet took pride in producing...
**Malik Riaz Allowed to Leave Country Despite Being on ECL
https://timesofislamabad.com/30-Jan-2019/bahria-town-ceo-malik-riaz-allowed-to-leave-country-despite-being-on-ecl-media-report
This is just a drama and media games among power elites, nothing more than arm twisting.
- Magnitude of Encroachment
CDA has clearly geo-marked with help of Google Images and Suparco the Kuri Model Village land it claims has been encroached upon. That is only part of Sector C as visible below. Rest is all ok as far as encroachment is concerned (as per CDA).
https://i2.wp.com/manahilestate.com/wp-content/uploads/2018/10/CDA-Land-Recovery-in-Kurri-Village.jpg
https://i0.wp.com/manahilestate.com/wp-content/uploads/2018/10/Bahria-Enclave-Affected-Area.jpg
- Fortunately or Unfortunately, I haven't come across any case where people are selling '30% to 50% in minus' not even 3% in minus unless there may be an individual case that I am unaware of. Yes market is slow but possessed and legal is not in minus by any means.
Wouldn't it be a breaking news in the market if the legal and possessed property, lets say worth 10 million is on offer for 5 million every day
Seriously, I mean would any one believe that to make any sense out of it ...?
Facts are all above with proper links and evidences, as they are!
Lets avoid sensationalising each and every issue here.
For the record, the issue of illegal constructions in Bani gala relates to the village surrounding rawal lake, cda law stated no construction allowed in Zone 3 specificaly within 2 km of rawal damn, pm IK estate happens to be in far end of Mohra noor sub zone B of Bani gala that is in Zone 4 of Isb as confirmed by survey of pakistan for the courts, anybody can clearly see that in google maps too, and the current ongoing regularisation of pm state relates to his house construction layouts and planning approvals etc, a formality, not whether his estate is in a legal place or not, no question about it, so please kindly avoid the patwari constant anti ik propaganda misleading people by distorting facts, it doesnt do anyone any good, people are smarter nowadays. As a matter of fact it was IK himself who wrote to SC initialy drawing their attention to the unplanned constructions issue and the illegal enroachment of cda designated botanical gardens land by the then government cronies and corrupt cda personnel involvement, letter available widely in google images (im sure most of you know which noon league mna was involved in this rural area). So the cdas claim of declaring his estate illegal for propaganda mileage was a typical patwari clan response to IK complaint to the SC. Thanks to IKs efforts for saving part of the cda designated parkland as the demarcation took place last year saving the park from further enroachment damage by land mafia.
As for the issue of bani gala village being 75% illegal, according to law that is factualy correct, however construction within the 2 km area is almost made up 25% of big houses owned by the rich, and 50% small houses owned by the poor. So common sense dictates the SC might not order demolishing all homes afterall as the majority of poor people will be affected.
As for the SC decision relating to MR, rather then pessimistly criticising everything, lets give a little extra thought to the wider implications of the judiciary decisions. One would imagine the powers that be would obviously weigh the pros and cons of making such important decisions, specialy when it involves an individual like MR who despite being involved in dodgy malpractices (im no fan) but also does provide huge employment oppurtuntities for the poor through his mega construction projects all over the country, so rather then halting an individual or enterprise completely which might cause further damage to the real estate related economy it makes more sense to levy a big financial penalty. So therefore atleast im not surprised about the establishment or judiciary asking him for a huge financial contribution/penalty. Financial penalties for dodgy businessmen are not exlusive to Pakistan this is normal practice around the world. If the deep state cannot stop something they try to workout a way to make things work for the benefit of the exchequer.
No rocket science realy.
Fao op, considering cdas previous track record i16 might prove to be another longterm investment, solid and safe but atleast another 5 years, i would suggest the alternatives like Parkview city or Bahria Enclave posession plots or even dha better then i16 if you dont want to wait 5-10 years.
Long Story Cut short...
"Rather then sensationalising every issue,..."
- No sensationalisation, just facts with evidence!! The FACTS suggest different implementation of the common people and the elite! (if the post is read what it was saying). Whether IK or MR or a Common One? Can you name any power elite who had been duly and fairly impacted by such encroachments or any concrete measure on regularizing the structures?
Yes, law always doesn't and cant be implemented in true spirit but than by the same logic why not fair chance was given to those people to get their bulldozed constructions somehow regularised or pay penalty to be saved!
All ok and Rosy pictures have already distorted our history and it's already turning us into a nation that loves to live in the Dreamland and when eyes are opened times have been passed and reality feels bitter.
I agree to supporting interpretation of laws that faciliate the state and its citizen. For the record, when same was offered in terms of Tax Amnesty, the now Govt. that was opposition then cursed the Amnesty as some sort of a black law!
"Secondly please avoid misleading the public by posting constant anti IK propaganda already."
- There is no propaganda, there are mere facts!! Don't make heroes out of the ordinary unless one has proven him/herself to be worthy of a Hero. I have repeatedly posted that IK deserves 5 years or whatever his tenure is and than he be better judged. However, that doesn't turn me into a blind fanboy not to point out the problems!! Its called 'counter-argument not propaganda'
Previous political elite was corrupt and is seeing its fate - Done! CDA was corrupt ok - Done! But do the current actions, by CDA, fully owned by the state minister claiming he is on top of his game with the CDA and management, suggest any improvement or relief for the common? Not evident, as of now with the recent actions.
Posts without sources are subject to personal interpretations and doesn't lead to any thing substantial, rather then personal wishes and desires.
"One would hope the decisions will be made for the local publics welfare."
Yes, we all hope so!
** Apologies for being off-topic and my last post on being off-topic, original post that was on buying a plot so hopefully the rest follow the original topic.
Pakistan banao certificates announced today for overseas Pakistanis.
Profit rate will be between 6.25-6.75% paid biannually in dollars directly to overseas Pakistanis accounts or in PKR if they have a local account in Pakistan.
This is the best investment opp at this point. No worry about currency devaluation, no worry about illegal files/Qabza, with handsome return that they can't even get from US, UK or EU banks.
Minimum investment is only $5000 so even those overseas Pakistanis who has small savings can also benefit from this.
If dollar rate goes to 190 like some on this forum are saying, overseas Pakistanis will lose even more on their property investments. So best to sale plots for whatever you can get and invest in these certificates.
I do support PTI but that doesnt mean they are angels. Obviously Ik would do anything to regularize banigala.
Elite and common man can never ever be treated in a same way in Pakistan.
I read somewhere aleema khan told SC that she exports clothing and thats how she got 60bn. What a joke. She is not exporting Gucci lol... She doesnt even have any big factory in Pakistan...
I also exports in different countries... Exporting from Pakistan is hell of a risk job and you cant just make that much money by exporting garments without any factory or as a self made person...