As we’ve seen time and time again, circulating rumours often set market trends in the real estate industry. I come across such information all the time and in this ‘rumours making rounds’ series, I will share them with you. However, please note that these rumours are just that – mere rumours. I will not disclose the sources and I will not stand behind the authenticity of any of these. What you do with the reports is entirely up to you.
This week, I have chanced upon some interesting tidbits about Bahria Town Lahore. So, without further ado, let’s dive in.
Word on the street about Sector F
From what we hear, Bahria Town’s Sector F affectees will be seeing a development unfold very soon. Apparently, Bahria Town has purchased about 3,000 kanal of land between Multan Road and Mohlanwal Road, where the developer plans to adjust the victims of Sector F. The purchased land lies opposite Block DD and features around 1,200 plots of varying sizes.
According to this information, Bahria Town will launch this area as Talha Block. Its official announcement is expected in the near future and files will enter the market shortly afterwards.
Here’s what’s troubling us: If Bahria wants to use this piece of land to adjust Sector F affectees, files shouldn’t be offered in the market. Plot owners who still don’t know zilch about the location of their property, even after a full year of making payments, should be called in for a meeting or informed via letters about the adjustment of their land in this sector.
I was recently told that Sector F victims were offered to apply for alternate plots in Bahria Nasheman, Bahria Education and Medical City, or Bahria Orchard. Interestingly though, there was no official dissemination of this news but those that applied for it were, in fact, accommodated. Moreover, according to this source, the victims were also offered a refund with a 20% deduction – something Bahria Town never does.
The victims of Sector F don’t want peanuts in exchange for plots they purchased at high rates. For this reason, and also because there was no formal announcement about the adjustment of plots in other projects, Sector F victims showed no interest in this deal. Now, with rumours flying about the expected launch of new files in the recently purchased land flying about, Sector F affectees are being given hope once again.
Honestly, it would be decent on Bahria Town’s part to first adjust victims of Sector F and only then issue the remaining files.
Bahria Greens gossip
Bahria Greens, a project facing controversies similar to those of Sector F, might be washed off the map entirely as rumour has it that land meant for this project will be launched soon as Bahria Orchard Extension. Please note that only a limited number of people were told that this particular land near Bahria Orchard was to be developed as Bahria Greens.
Almost all property owners have no clue about location of this project. They are, quite literally, as lost and frustrated as Sector F affectees.
The expansion of Raiwind Road has increased the worth of and demand for plots in Bahria Orchard. Perhaps this is why the management finds it more appropriate to launch Bahria Orchard Extension and offer new files at higher rates than to develop it as Bahria Greens – a project that sold out quite some time ago.
I have also heard that Bahria Town has purchased more land behind Bahria Orchard’s Sector D and will launch these files soon. However, before anyone gets too excited about the launch of new files, let me tell you that the Lahore Development Authority (LDA) has only approved Phase I of Bahria Orchard as of now, and no approvals have been given to Phase II, which includes Orchard Overseas and Orchard Low Cost.
According to the grapevine, Bahria Greens affectees will be offered alternate plots in Bahria Education and Medical City and Bahria Nasheman. But again, there has been no official statement in this regard. Also, I don’t think these affectees will find it suitable to be moved to Ferozepur Road from the wide and fancy Raiwind Road.
If the rumours mentioned above hold any weightage, I, along with many others, will be very disappointed at Bahria Town’s apathetic attitude towards those affected in Sector F and Bahria Greens. At this point in time, when almost all of Bahria Town’s project across Pakistan are suffering from reduced investment volume, the management should try to address the concerns of Bahria Greens and Sector F affectees, rather than long for more revenue.
One more thing to mention that Bahria Civic Centre commercials owners were allotted plots no. Later on it found fraud. Those who are buying files with plot now in Bahria . remember Bahria will deceive you as they have done in Bahria Civic Commercial Lahore
Thankyou Ms. Samra for the detailed insight of sector F and Bahria Greens. Kindly let us also hear about the rumors of Golf View Residencia as it also suffers similar fate that of Sector F. A lot of investors are troubled and worried that LRR Southern Loop will completely destroy Golf View Residencia. Kindly share the rumors floating in the market with regards to GVR.
Regards.
Hi Samra,
Thanks for the information. I have also heard that Bahria Town has purchased 70-80 Kanals of land from Sui Gas 2 and they have acquired land behind Tipu Block. Do you have any information about it ?
Hi Samara
What about Bahria Golf View Residencia please update.
Is golf view residencia effected by Lahore ring road? and which part of this scheme is effected by ring road.
Nothing is happening right now to harm any project. Wait for an update on LRR.
being a impartial observer ,may i ask why u always write against bahria ,and always support dha?
is this ur own way or zameen.com policy?
thx
I am not against anyone but for people.
Some readers do criticize me even when i appreciate Bahria Town.
It would be unethical to not criticize the developers who don’t deliver and make the investors and genuine buyers feel insecure.
If you don’t agree with me, I apologize.
U dont need to apologise its some one personal view. Keep the good work going thats what people want to hear from u.
@ Shahan – What’s wrong with writing against Bahria’s unethical and immoral business practices ? I invested in Sector E and still do not have possession of plots even though I made regular timely payments. Can you imagine my frustration or my financial loss ? You can’t promote bt here because you made money from it, let the victims speak up. Next time when you question notes not in favor of Bahria or others, do some research.
@ Samra – Keep up the good work and never be afraid. They will soon end up in 2 guz plot.
We fully agree with the write up. We are the victims of Bahria Town. Please shed some ligh on the fraud of Civic Commercial Bahria Canal Road Lahore. People should know how Malik Riaz and Shahid Qureshi making innocent people fool. People lost millions in Civic Commercial bahria Lahore.
Samra, Good write up. This is how zameen.com is updating overseas people although these are rumors. Thanks samara for criticizing developer as well for its bad tactics and not delivering as per promise. No need to appologise samara. Keep up the good work
Bahria Town Lahore (BTL) can’t continue to rip ordinary citizens of Pak of their life long savings.
As an affectee of BTL Sector F, I would like to thank Samra for highlighting these thugs of BTL.
Please keep us posted of the further updates as/when you may have, Samra.
when you hear about Bahria town you hear about controversies let me start from sector E in sector E almost half of Iqbal block is undeveloped and half of jinnah block is also undeveloped and then come to sector F almost half of sector F is undeveloped but every one here talking about sector F please mention sector E as well as fraud please samra shed some light on sector E also
I was also effected in secotor (f) but suddenly they have allot me Plot in shershah Block although is not devolp.can you conform weither i am in Batter Position computer to Holding file.
She is impartial. I have criticised her previously for her inclination towards Bahria. Whatever she is written it is fact not her personal view. I thank you Samra for being critical about Bahria projects. This is constructive criticism which should be carried on.
I am an overseas Pakistani. This is great analysis and something unheard in Pakistan before so appreciate it. I wanted to make an investment in Pakistan but had thought Bahria and DHA both are safer investment options. Not anymore. In fact my friend advised me to only invest in DHA. Now although I don’t agree at all with one of the comments above where the user posting the comment was seemingly questioning impartiality of Samra but can anyone (or Samra) please let me know if DHA has any of such issues at all? Trying to understand why the person mentioned DHA name along with Bahria?
Also what were the issues with Sector F allotments?
For details on Sector F issues, check this out:
http://www.zameen.com/blog/what-will-become-of-bahria-town-lahores-sector-f.html
One of the DHA’s projects facing issues is DHA Valley, Islamabad. The project was a joint venture of DHA, Bahria and Habib Rafique and since all of them have lately become each others’ competitors, DHA Valley suffers delays. I expect to hear some positive news about it soon. You can trust other DHA projects.
can you also confirm about any updates of E Sector, Iqbal Block, i have MISTAKENLY bought a Plot and that is Un Grounded, 🙁
do you have any idea what will happen in near future??
thankyou..
As per my analysis and experiences for over seas Pakistanis I would suggest only invest in plots not files. And only those plots which are declared by the authorities like LDA, TMA and PLDC in Punjab. For Naveed a previous commenter I would suggest you the same you can invest with BT sector A, B and C which is declared on papers and with in LRRS and keep growing and will grow with the passage of time.
Plz update me those having plots in shaikh saadi block sector f,are they on safer side.
Bahria have land 4 shaikh saadi block or its only in map???
Thanks in advance.
Bahria has done fraud with general public in the name of Sector F, Bahria Greens & Civic Commercials. Question to ask is where is LDA now who spent billions on publicity against Bahria town. Is Govt office’s job is just to inform general public only who will stop the fraudsters and looters….
Thanks for the information about F block.I was allotted a one Kenal plot in Tipu block.Have you got any information when i am expected to get possession as we need to make a house.I am living abroad and retiring soon.If there is a long delay than kindly give advice.Will appreciate your reply.
Kind regards.
Ijaz
Can someone shed light on Lahore Bahria golf residencia as I’m overseas Pakistani and paid all of the
Instalments.
Is that a safe project ?
Also can you please advice on new investment of 25 lac in Lahore.
Thanks
Wait for a write up on Golf Residencia.
For investment option in 25 lac, check this out:
http://www.zameen.com/blog/where-to-invest-in-lahore-with-a-budget-of-pkr-2-5-million.html
There is a recent authentic news of 3 or 4 incidents of DAKAITI WARDAAT recorded in last 2 or 3 weeks in Bahria Town, Lahore and Bahria Town Security failed to prevent it. So be careful in the future and take your safety / security measure by your own to safeguard your family who resident in any block of Bahria Town. Its also an ALARMING situation which belongs to Bahria Security.
I’m also overseas pakistani. I’m the affectee of golf view residencia. I have paid 7 installments. I’m much worried about this. People are saying that LRR will completely finish this project. Due to this my personal and routine life has completely been disturbed. I’m unable to sleep well over nights because this was my hard earned money which I invested in this project. I’m very much depressed.
Hi
Ali can you please shed some light why there is a problem in Golf view residencia ? I have also paid all my installments.
Ali Bhai,
First of all be relaxed, don’t take it too much serious and don’t compromise on your health. If you have good health, you can get lot of chances. don’t take rumors serious ,until you get any authentic news.
As you mentioned you are a overseas Pakistani, So i have some suggestions for you.
1) LRR authorities marked the area from where RR will pass, Ask your any relative/bother to visit the area and recognize your plot against the marking. If plot is not directly under the marking . then up to some level you are safe and it will grow but may be slowly(my opinion).
2) Peoples are still selling and purchasing plots in GVR, so sale it and come to comfort zone and invest anywhere else (don’t mind for this suggestion).
3) ” wait and see” policy is best at the moment, many experts are recommending this in their blogs.
Wish you all the Best.
Regards,
Zahid Rashid.
Dear Zahid Brother!
Thanks for your suggestions. My dealer told me that my plot in not under LRR but prices are still low.
Yes I’m focusing on wait and see policy but sometimes the tension again came into my mind. This comes automatically. I tried to forget this but this comes again and again.
Please pray that ALLAH gives me patience. Bahria Town is not doing well. They are collecting money against plot and then don’t give us plots.
Ali
How about the big fraud by Bahria on Phase 9 Islamabad.
Hundreds of affectees still do not know.
Ali; the issue is that LRR will start passing from LRR; so this will completely occupy main golf course and also affect plots near to golf course. so the beauty of this project will be disturbed. Some rumor are there that location of golf view residencia will be changed. Now prices are very down now days.. I’ve paid 15.5 lac own for my plot. Now prices are very low now days and Bahria is not doing any thing for this.
Your last article about DHA valley gave good insight about the project at the time when affectees were offered replacement option.
Me like many other overseas Pakistanis have stuck investment in DHA valley and do not have any source of information except the articles on Zameen.com
Please spare some time to write your analysis about the interest shown by people in choosing replacement option.
What are the possible ways forward from here for DHA valley.