What is the scope of bahria paradise karachi?
What is scope of bahria paradise compared to the existing prices in the vicinity.
Bahria paradise is said to be behind precinct-16 (which is a very good location) but they are not telling the it will go till end of Bahria Sports City. Seeing Bahria’s policy to oblige big dealers, i can even bet that the best plots (near precinct-16) will be allotted to dealers and general public will only get the left over near sports city. It’s sure going to be in negative right from the beginning.
However, it is good for LONG term investment.... Means, 4-5 years holding power required for good returns. Plot number balloting is not expected before 2-3 years. So, no material gain is expected in 3 years.
One more thing, since it's a MEGA project, so huge supply of files is expected which, again, is not a good sign for short to medium term investors.