What is Bahria Town?
- Post by: Public
- on: 22-02-23
Bahria Town karachi is a new township in
Karachi, Sindh, Pakistan. It is located on the outskirts of the city and will
have a population of around 1 million people. Bahria Town was developed by
businessman and former cricket captain Wasim Akram and his company Akramco. The
development comprises a mixture of residential, commercial and recreational
areas. The township will have its own hospitals, schools and shopping
complexes. Residents will be able to use the town's infrastructure including an
airport and seaport.
The payment plan for Bahria Town is different from other areas in Karachi.
Instead of paying an initial deposit and then monthly instalments, residents
will be required to make a one-time payment of Rs 350,000 (£4,000). This fee will
cover the cost of land acquisition, construction work and other associated
expenses. There are also special rates available for investors who want to buy
apartments in Bahria Town.
Location
of Bahria Town Karachi
Located in the eastern side of
Karachi, Bahria Town is one of the most up-and-coming residential areas with an
array of amenities and facilities that are sure to please. The area offers a
mix of traditional and contemporary architecture, making it an ideal place for
both families and singles alike. Among its many attractions are the amenities
and recreational facilities like a golf course, tennis courts, cricket ground,
children's play area, a mosque and several shopping malls.
The town can be accessed by either paying upfront or settling installments over
time. For those who prefer to pay in full at once, Bahria Town provides a
convenient payment plan that makes the installment process easier. Those who
are unable to settle installments can also choose to purchase their home
outright. Regardless of the option chosen, buyers will find Bahria Town to be
one of the most affordable neighborhoods in Karachi.
Payment
Plan for Bahria Town Karachi
Bahria Town Karachi is located in
the city of Karachi, Sindh, Pakistan. The development is situated on a 6.5 acre
plot and has an estimated cost of $2 billion. The first phase of construction
is expected to be completed by the end of 2015 and will include a mix of
residential, commercial and recreational facilities.
The development will be managed by the Bahria Group, which was founded in 1996
by Mian Mohammad Nawaz Sharif. The group has developed numerous towns and
cities across Pakistan and is currently one of the largest private sector
developers in the country.
The payment plan for Bahria Town Karachi consists of two phases: a down payment
of 70% and the remaining 30% to be paid over a period of 15 years. Interest
rates for both phases are at 9%. Down payment can be made through various
methods including credit/debit cards, bank transfers or online banking.
Pre-payment also available for those who want to secure their place in the
development sooner.
Development
of Bahria Town Karachi
The development of Bahria Town
Karachi is an ongoing project and is progressing at a fast pace. The
Karachi-based real estate developers have already started constructing some of
the buildings in the township and they aim to complete all the projects within
12 months.
The payment plan for Bahria Town Karachi is different from other similar
projects in Pakistan. Instead of charging high rental rates, the developers are
taking a mortgage-free loan from banks which will be repaid over time. This
makes it affordable for everyone, especially those who cannot afford high
rental rates.
There are several recreational and commercial areas available in Bahria Town
Karachi. These include a golf course, a lake, restaurants, shopping malls, etc.
The township also features luxury apartments as well as villas for sale.
Conclusion
The Bahria Town Karachi 2
development offers excellent opportunities for investors and home buyers alike.
The town is located in one of the most populous areas in Pakistan, and its
location only adds to its allure. Furthermore, the payment plan and 2023
projected delivery date leave little to no doubt that this project is worth
taking into account.
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