In this age of technology, it hardly comes as a surprise that telecommunications is the fasted growing industry in Pakistan. The percentage of the total internet users which was at 10% in 2009-10 has burgeoned to 17.3% in 2011-12 and now over 31 million Pakistanis are connected to the World Wide Web. With 3G at our doorstep, we could very well be seeing an even bigger, sharper boom in the telecommunications industry soon.
At a time when everyone is so well connected, and people log onto the internet for everything – from ordering a bakra online to finding a suitable spouse. When we are doing everything online, it is surprising how many real estate agents and developers completely opt to ignore the importance of internet. For example, consider some of the largest housing societies in Pakistan – how many of them have a website of their own? Hardly a handful, right? DHA has a website, yes, and so does Bahria but what about Clifton, Gulberg, Model Town, Blue Area, Gulistan-e-Jauhar and the countless others?
Many estate agents and developers deem websites expensive. Duh! Compared to the cost of running an actual office, operating a website is Cheap (notice the capital C? That’s for emphasis). Let me put this common misconception to rest once and for all that websites are not expensive and with every passing day, web portals are becoming exceedingly important mediums for small businesses to grow both in terms of size and strength.
With the auction of 3G being around the corner, Pakistan is on the doorstep of a(nother) mini internet revolution. Smartphones have replaced Symbian, 3310s and now everyone is online so developers should be too. But sadly though, not everyone has the expertise to run a website and that’s where we come in. Zameen has dedicated an entire section to developments that gives your project the attention it deserves.
Via this post, I am calling out to all developers… if you are not already making full use of this section, you better get to it and exploit the opportunity right now.
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Bahria town Karachi a white scam of the century
Bahria town Karachi a white scam of the century and greed of one man to rip off the poor people of Pakistan, Initially Bahria announced initial registration in September 2013 with a non refundable fee of Rs 500 and 2,200,000 people subscribe for it meaning Bahria obtained a total of Rs 100,000,000/- just by announcing the project, this figure does not include the deposit that was obtained as a part of registration process which suppose to be refundable if your name does not in balloting as a process Bahria obtained billions which mean practically the land was bought with people’s money.
Now the management of Bahria town thought about how to rip off people of Karachi more so they come up with a genius idea of transfer of registration forms which include a fees that need to be given to Bahria as an admin fee Rs 2000/-, now the property agents said if Bahria is making money why not we make money out of it as well so they are start buying/selling these registration forms at this point in time no one know where the project will be how many units are there in this project and whether there name will be selected in ballot at all.
So Bahria made Rs millions and they make sure all the major newspapers in Pakistan advertise this these newspapers were paid millions from Bahria, while all the political parties and people in power were bystander in this process as they do not think they are responsible for telling the stupid people of Karachi and Pakistan that Bahria is using your stupidity to make millions for the greed of one people.
Than as recently as 26th January, 2014 Bahria announced the location of the project and announced that the members who were originally register in September are allowed to register again and this time the registration fee is Rs 1000/- who are these people they are the original 2,200,000 people who were registered in September, they need to fill the form again, give copy of their NIC, copy of the original form that was filled in September and a token money.
It just raised some questions in my mind may be I am stupid but I think these questions need answering what is changed in two months is the NIC changed, do people looks different in two months or there address changed in this period, as far a majority of Pakistani concerned they do not change their house this quickly, let suppose they do move but how many of them moved rough estimate 10% or 20%, but why the rest of the people need to fill these forms again and pay additional non refundable fee of Rs 1000/- , say out of those original 2,200,000 if only half will subscribe this time than the Bahria will generate Rs 2200,000,000/- without doing anything apart of advertising and using the marketing strategy to make sure newspapers and property pundits are saying good things about the project.
This is just a portion of the money they are generating so if you do your sums the land that they need to buy was paid for by you and other common Pakistani poor people who are just in a hope that they will have a home one day was defrauded out of these only 600,000 (max) people will get the benefit of having some sort of assets at the end but they need to pay for it for the next 5 or 4 years depending on what type of property they choose.
So this greedy person who think he will not die and there is no judgment day laughing his head off and made billions without doing anything just selling a dream to people of Pakistan, it is the ordinary people of Pakistan who are paying for his wealth.
Now let’s talk about the token money that needs to be paid at the time of registration that started on the 26th January, 2014 say for argument sake only 1,000,000 fill the form this time the minimum token money if we say is Rs 100,000/- although it way above it than the total money that will be generated would be Rs 100,000,000,000/- and if your name is not selected than your money will be return to you within three months but if we put this amount of money in a three month fixed interest rate of 5% interest the amount of interest Bahria can generate is £1,250,000,000/- which can easily cover the cost of building the projects they announced.
People would say the owner of Bahria is Muslim he will never do that but when he snatched land from CDA and Army land what will stop him from doing this, certainly not the anger of Allah or fear of judgement day.
This report was made just taking the basic figures and considering the minimum amounts although there are lots of other things happening behind the scene which if considered than you will know that you as the people of Pakistan were conned and abused, you are making a rich man richer without thinking about it. But I do not blame him he is just using your stupidness and division among you.
If you want you can make your own local group and when you gathered together you can contribute enough money to make a house for one of your Muslim brother and once he get a house he should contribute his share of money so his brother will get a house.
I will end this article on a saying of a wise man:
“As long as there are stupid people in the world, a clever man will never die of hunger”.
By: A concerned citizen of a poor country