As promised, Bahria Town balloted 200 plots in Talha Block for full-paid victims of Sector F, although those who attended the balloting ceremony didn’t seem too happy with what went down that day.
Now the question is: what will Bahria Town do for the remaining victims?
According to a Bahria Town official, the remaining victims will be given plots within the next 6 months.
Those who discontinued paying instalments and got their files cancelled have a chance to get their plot files reinstated until tomorrow (April 30, 2016). They need to visit Bahria’s office and settle their accounts.
Asked about the maps of Sector F’s controversial blocks, the official said that the development of maps is in process and they will be released soon. The official also confirmed that the developer possesses all the land required for the sector and all allotments will be made in the same area.
The official also rubbished a rumour making rounds that Bahria Town will launch a new cutting of 10-marla plots in Sector F for PKR 7,500,000. People should turn a deaf ear to such unsubstantiated rumours, he said.
Bahria Greens
Bahria Town is offering refunds to Bahria Greens victims. To avail this, you will have to forfeit your original documents and the developer will refund your paid amount (even for cancelled files) within 3 months via a cross cheque.
You should bear in mind that Malik Riaz has asked members to not pay further instalments for Bahria Greens until the developer revises the payment plan after the start of development work within a month.
Lahore Ring Road (LRR)
I have been keeping you abreast of developments regarding the (LRR) for quite some time. Victims of the LRR project in Bahria Town are still clueless about its final route and there is no update on that front.
Things are really calm in this vein and victims have adopted a wait-and-see policy, as Malik Riaz has assured affectees that their properties will not be affected by the LRR.
That’s all the latest information I have about Bahria Town and its controversial projects for now. I am leaving this discussion open for you to comment on and I wish all affectees the very best of luck.
Please note that in each post, I try to remain as unbiased and factual as possible. Right now, I am really hopeful that Malik Riaz will address the concerns of affectees.
Rest assured, I will keep you posted about the discussed matters in the future as well.
Related News
Thanks Nadeem for posting on this subject. Unfortunately this was again a drama by BT management and CEO. No victims got the plot. Malik riaz was forced to take such actions just to repair the bad repute they are facing due to repeated protests by the affected. All those projects launched like sector E, F, greens, GVR,and others have generated a big population of afectees. However BT keep on launching new projects without adjusting the previous ones. Out of this income few will be donated in public and media to earn fame, leaving behind a lot of families deprived of their money and land.
I hope you will highlight the real picture and condition in these projects
Thank you for sharing you view, but this is also true that frequent protests by affectees has moved Bahria Town to take some actions. Let’s see what happens in the future.
Bahria Greens affectees can take refunds from Bahria Town’s office, while in Sector F people still have to wait for the realisation of Tariq bin Zaid and Aziz Bhatti Blocks.
Rest ALLAH knows better.
Regards,
zain Nadeem
Thanks zain for putting it in a blog
One question if you can ask BT. Why r they at a suicidal path? The market is not short of developers. Yes Bahria is best in loving but worse is customer relations. It made a brand after effort of years which is being fatally damaged by these delay tactics. Senior staff at BTL is rude to customers and MR probably doesn’t even know this
Any update on Bahria’s issue with New Lahore City over land acquisition for development of Sector F Sheikh Saadi block?
Abuzar Bhai,
According to a Bahria Town official, the developer does not plan to acquire New Lahore City’s land. He also claimed that Bahria Town does have land for Sector F.
AoA
Thanks for your blog.
In last meeting with MR, i don’t think big issue of LRR will not be discussed. Why it is keeping suspicious. If there was anything, it must be shared.
Thanks
Yes that’s right, LRR issue was not discussed. Why would I hide it? I have already covered the LRR in various blog posts.
Hello Zain,
Thank you for valuable post. Of course ring road issue is not yet resolved and there is no authentic information to rely on, however market has seen a gradual increase in prices of golf view files. I am wondering what is the reason behind this recent upward trend, please share your view point and if possible get us some information from the market/bahria town.
Thanks
Dear Ahmed,
Currently market of golf view files is quite hot after meeting of Mr. Malik Riaz with GVR plot holders, as they have announced in meeting that bahria has acquired most of land for GVR and development may start in a month. so lets hope for the best..
Best Regards,
Universal Property Network (UPN)
Bahria Town, Lahore
+923211161115 (Whatsapp Text)
Dear UPN,
Thank you for your comment. Please share current price range for 1Kanal files. Do you recommend investing in GVR?
Regards
We will be able to guide you better if you will tell the exact plot number.
Best Regards,
Universal Property Network (UPN)
+923211161115 (Whatsapp Text)
email: ourupn@gmail.com
Any update on development of alamgir block? Is the land available for alamgir block sector-F?
Dear Ahmed,
Bahria has already started development work in Alamgir Block and heavy machinery is working there due to which prices has also grown up.
Best Regards,
Universal Property Network (UPN)
+923211161115 (Whatsapp Text)
email: ourupn@gmail.com
Can you update me on the status of Sector F Sheikh Sadi Block.
There is no development yet and prices are steady in this block. Right now development work is only under process in Alamgir, Sikander and Talha Block.
Best Regards,