Bahria Town recently launched Bahria Orchard’s Phase IV in Lahore, and the project has been witnessing a massive response from investors right from the get-go. And this begs the question: is it safe to invest in this project?
At present, 10-marla and 1-kanal residential plots, along with 5-marla and 8-marla commercial plots, are up for grabs in the locality, on instalments spread over 26 months.
Here is the payment plan for these plots:
Plot type | Processing Fee | Down Payment | Instalments (Nine Quarterly Instalments) | Total Price |
10-marla (Residential) | PKR 11,000 | PKR 1,250,000 | PKR 427,000 | PKR 5,110,000 |
1-kanal (Residential) | PKR 21,000 | PKR 1,650,000 | PKR 716,600 | PKR 8,121,000 |
5-marla (Commercial) | PKR 30,000 | PKR 3,000,000 | PKR 1,500,000 | PKR 15,030,000 |
8-marla (Commercial) | PKR 50,000 | PKR 4,500,000 | PKR 2,250,000 | PKR 22,550,000 |
I have heard that the 1-kanal plots are being traded in the market on a profit of PKR 350,000. According to sources, Bahria Town has already acquired land for the project and development work has also begun. A 150-feetwide road is being developed to connect Bahria Orchard’s Phase III with Phase IV.
Furthermore, it is expected that Bahria Town will offer possession of 1-kanal plots within six months and the master plan for 10-marla plots will also be rolled out within the same period. However, there is no official word from Bahria Town in this regard.
The society will be located on Raiwind Road, opposite Bahria Orchard’s Phase I, and will be easily accessible from the Lahore Ring Road (LRR) interchange, which is to be developed at the Adda Plot on Raiwind Road.
From what I can tell, Bahria Orchard’s Phase IV seems like a good investment given the current scenario. But if you invest here, you should hold your investment for the long-term, as short-term trading might not prove to be much fruitful. I believe that plot prices in this society will increase manifold after LRR is completed.
Have a question about the society? Throw it my way in the comments section below.
ppl have lost confidence also due to some failed blocks.It really concerns to investors weather they are just buying piece of paper.
10 Marla’s are currently on Rebate 1.5 lac (discount), and 1 Kanal OWN is 3.5 lac which becomes 81.21 + 3.5 = 85.71 Lacs.
I think prices are likely to drop as the time for 1st installments approaches and the short term investors start to flee their extra files.
In Addition Many plots after balloting should also come into market which might take down the prices for a short time.
What do you think?
Ahmad/Zain,
Is it true that 10 marla file prices are dropped? I tried to find out but my source told me that is it not true.
Zain,
Which one is good investment, one kanal or 10 marla? To me, it looks like one kanal as they are not sold on profit, but not sure. What can be the reason?
1. Good location
2. Less number of plots
3. Possession is expected earlier
4. Or something else
Thanks
Currently many people are awaiting map and possession of plots in Sector F’s disputed blocks to built their houses. Bahria’s management should have addressed the long standing issues of Bahria Enclave, Bahria Pindi Phase 8 and Bahria Lahore Sec F rather jumping onto expansion or new ventures.
Bahria should deliver their existing projects rather than to start new one. I have 1kanal plot in Sector F ‘Shikh Saadi’ and waiting for the development to start. Bahria management failed to deliver plots to many people in-spite of different promises. Investors’ should consider these factors before investing into any new Bahria project.
Ahmad/Zain,
Is it true that prices of 10 marla are dropped? I tried to find out from my source and he told that it is not true.
Not recommended! Bahria has already deceived people in their fake projects like Sec E Sec F Bahria Greens Civic commercial Golf View,
Stay away from these looter. Don’t waste your hard earned money into their ponzy projects.
i am still surprised that Bahria still not fulfilled its previous commitment like Bahria green lahore and starting new projects.
i have one file of BG but no future ,
any body knows that Bahria officially closed this project , because some body instructed me that Bahria can not officially closed this project because they will be in trouble legally ,
i want comments of people which are dealing with Bahria
i am surprised why Bahria is announcing new project while its old projects are still pending like Bahria green , Bahria the biggest property owner earned very bad name in case of Bg
any body can advise me Bahria officially announced to finish Bahria green project because some body told me that they can not do because they will face legally problem
can any body which is expert in these matter can give his opinion
Yes, it’s better keep money safe at the moment. Altough bahria will allocate plots. This is too much hastle for the investors. As bahria has failed to deliver sector e, sector f, orchard phase 8 & civics, bahria greens etc
Want to make money, go to dha.
“We Deal In Bahria Town , Defence Housing Authority (DHA) & DHA City these, three are the most Valuable Housing Projects in Karachi for living and as well as Investment Point of view.
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