Own a Home in Senate Housing Society Islamabad

It is the dream of just about every Pakistani family to own their own house in Pakistan. Local and overseas Pakistanis alike tend to invest their hard-earned savings in this major purchase that signifies stability, prosperity, safety and comfort.

By purchasing your own house, you also save yourself from the hassle of paying rents. House rents in urban areas continue to rise at a rapid pace as more and more people flock to the cities in search of better employment opportunities and improved lifestyle. Home rent is regarded as a significant expense that can drastically sets back your budget.

Islamabad is the capital of Pakistan. It offers breathtaking landscape, high sense of security compared to other parts of the country, and an excellent lifestyle for your family. Your kids get access to quality education. You will find ample work opportunities. Business is also flourishing in different parts of the city.

Given these perks, it is only understandable that many families invest in a house in Islamabad. For the same reason, property prices in the capital city of Pakistan have continued to surge for the past decade or 2. Properties that were available for just Rs 30 lac in the year 2000 today can today be quoted in the range of Rs 3 to 4 caror and more these days.

This makes it very difficult for most families to realize their dream of owning a house in Islamabad. Many people eventually give up on their dreams and end up shifting to other parts of the country that are relatively more affordable.

That's also how the wheels of economy spin. Different people come across different opportunities in life, and you choose what seems best to you in the given circumstances.

But what most people may not know is that there are still a number of affordable ways of owning their own house in Pakistan's capital. For instance, a number of new residential projects have been advertised in the past few years with very attractive prices. For instance, Bahria Enclave I was launched in 2012. At the time, booking a 10-marla plot would only cost you somewhere around Rs 28 lakh. Just 3 years later, the same plot will cost you Rs 80 lakh today.

In some cases, previously staled projects due to corrupt practices of the housing scheme's management have been revived after scrutiny of the country's top audit and accountability institutions, such as NAB and FBR. In the same light, Senate Housing Society was first registered in 1996. To date, the society failed to realize maturity owing to corruption and funds embezzlement in the management body of the society.

A special committee constituted by the Senate of Pakistan was tasked to settle all matters relating to the society and take strict action against those found guilty of any wrongdoing. CDA was also hampering the development of the society. It wasn't issuing an NOC on the ground that the society did not have its own road access. The society's new management not only obtained NOC for road access from the neighboring Gulberg Islamabad, but also secured its private road access via Japan Road.

It joined hands with Fazal e Rabbi Enterprises that undertook the responsibility of providing the Senate Secretariat Cooperative Employees Housing Society (SSECHS) with its own private road access by acquiring new land for it. Fazal e Rabbi is a heavy investor group from Rawalpindi. Under the agreement, Senate Housing Society allowed Fazal e Rabbi group to develop the newly acquired land and market it as two new blocks of Senate Housing Society.

Located in Zone V (five) of Islamabad, price of property is expected to rise Senate Housing Society once the society hands over possession to its members. There is a lot of potential for investors in this society. In addition to the existing four blocks of Senate Housing Society that can now be procured below market rate, the price of new bookings in the newly developed two blocks by Fazal e Rabbi group are also very affordable.

Naturally, the two new blocks of Senate Housing Society will be nearest from the society's main entrance on Japan Road. They will also be the first to be developed by Fazal e Rabbi group. Given these reasons, it makes sense to invest in this project.

Japan Road runs from Islamabad Expressway, which is in the process of being upgraded to a 7-lane highway till Rawat. This will also have a very positive impact on property prices in the region. Senate Housing Society's new blocks are at 5-minute drive from Islamabad Expressway.

The price of new bookings is quite affordable. 7-marla plots (60x30) are being developed in the two new blocks. The total cost of the plot is Rs 12,50,000. Initially, investors must make downpayment of Rs 375,000, while remaining payment is to be completed in 6 quarterly installments of Rs 145,833. Possession of plots will be handed over in 1 year.

We will be happy to connect you with one of our real estate experts in Senate Housing Society. Please get in touch with us through the Comments form below or via the contact information provided on the right of this page.

Senate Housing Society Islamabad

Senate Housing Society: Overview and History

Senate Secretariat Employees Cooperative Housing Society (SSECHS), also known as Senate Housing Society, is one of the many housing schemes in Islamabad that are yet to realize maturity. Woeful tales of corruption and fund embezzlement in the housing society have circulated in the papers from time to time. Registered in 1996 with the Cooperative Department of Islamabad Capital Territory (ICT), the society hasn't been able to deliver for its members so far.

Lately though, Senate Housing Society has been under strict scrutiny of NAB and other government audit departments under the directives of a special committee of the Senate of Pakistan. Dildar Muhammad Fani, who is currently acting as the President of SSECHS, has also been active in the revival of Senate Housing Society.

In January 2014, Dildar Fani stated before the Senate Special Committee on Senate Secretariat Employees Cooperative Housing Society (SSECHS) that CDA was also creating hurdles in the development of the society. CDA was not issuing an NOC to the Senate Housing Society on the ground that it lacked an approach road. Senate Housing Society President observed that they were in discussions with different parties for securing road access to the housing society. The Senate Special Committee assured Senate Housing Society President that the society's grievances would addressed.

On 28 November, 2015, the Annual General Meeting of Senate Housing Society was held where it was informed to the society's members that additional pieces of land had been procured for the purposes of giving road access to the housing society after successful  negotiation with Fazal-e-Rabbi Enterprises.

Senate Housing Society Islamabad: Latest Development

Senate Housing Society Feature Report: Jang 11 December, 2015

On 11 December, 2015, Senate Housing Society featured in Daily Jang where details and updates from SSECHS' Annual Generate Meeting were announced publicly. It was stated that the Senate Housing Society has joined hands with Fazal-e-Rabbi Enterprises for gaining road access via Japan Road. For the project, Fazal-e-Rabbi Enterprises has undertaken the responsibility of providing road access to Senate Housing Society. Additionally, it was also observed that another MoU has been signed with the adjacent Gulberg Islamabad for alternative access to the Senate Housing Society. In the feature report, Senate Housing Society appealed to all members of the housing society to cooperate with the society management for timely completion of the project. In this regard, the management urged all society members to clear all pending dues to ensure timely completion of the project.

SSECHS: Location and Access

Built in Zone V of Islamabad, Senate Housing Society will be linked to Japan Road that runs from Islamabad Expressway after Naval Anchorage Housing Society. The Senate Housing Society will now be directly linked to Japan Road vide the additional pieces of land that have recently been procured.

Investment Opportunity in Senate Housing Society

Given the direct involvement of Senators and senior government officials, we are seeing clear commitment to revive the Senate Housing Society. On-ground development can be seen at a good pace for the first time. We urge all members of Senate Housing Society to visit the site. 

Through our extensive research, we have identified an interesting investment opportunity in Senate Housing Society. According to our report, Fazal-e-Rabbi Enterprises has agreed to grant road access by merging new lands that were not formerly a part of the Senate Housing Society. These newly acquired lands will be the first to be developed when road access is granted to Senate Housing Society from Japan Road. At the same time, this newly developed area will have the closest access from Japan Road.

While other parts of Senate Housing Society have been sold off, new bookings are open for this newly acquired land that is being merged with Senate Housing Society. 

Details of the new bookings are as follows:

Booking of New Blocks in Senate Housing Society

Plots are available on first-come, first-served basis in the newly acquired land that is being merged in Senate Housing Society. According to report, two new blocks of Senate Housing Society will be developed by Fazal-e-Rabbi Enterprises for which plot bookings are currently open:

Plot size: 30 x 60 or 7 marla

Total Price of Plot: Rs 12,50,000

Down Payment: Rs 375,000

6 Quarterly Installments: Rs 145,833

Possession in 1 year

Market Analysis of New Bookings in Senate Housing Society

There is great market potential in the new investment opportunity in Senate Housing Society. It is basically a win-win situation for everyone. Fazal-e-Rabbi will market and sell the new plot bookings in Senate Housing Society in return for granting road access to the society. The society's management and member body finally get the long-awaited access to Japan Road. Investors booking in the new blocks of Senate Housing Society get to own a 7-marla plot in Zone V of Islamabad at the affordable price of Rs 12,50,000, which is significantly lesser than the prevalent market price of the site.

Inquiries about Senate Housing Society

For details and inquiries, we will be happy to connect you with our Senate Housing Society expert. Please get in touch with us through the Contact Form below or the contact information provided on the right side of this page.

How to become a successful real estate agent in Pakistan?

Who is a Successful Real Estate Agent?

The definition of success can vary from person to person, but we refer to success as a measure of your overall productivity and effectiveness in utilizing your marketing, negotiation, customer handling and administrative skills to successfully close deals and transactions relating to property. A successful real estate agent thinks from the long-term perspective rather than focusing on immediate benefits and returns. Successful realtors have the ability to turn their leads and contacts into long-term, repeat clients who continue to trust in the ability of the real estate consultant to achieve their goals and objectives.

Understand Market: Ability to predict consumer need and market movement

A successful property dealer has an extraordinary grip on the market. Over time, you tend to understand the fluctuations in the market. This allows you to safely maneuver your investors and clients through the ups and downs of the market, making profit for them irrespective of whether the market is going up or down. The ability to understand and predict market movements is singularly the greatest ability any real estate agent can possess. It's what distinguishes the cream from the lot.

Think 'Malik Riaz' for a moment. He visualized and addressed the housing needs of middle-class Pakistanis, constructing Asia's largest private real estate development company in the way.

Through his unparalleled foresight, Riaz foresaw the dire need for safe and modern living community for literate Pakistanis and their families. Accordingly, he proposed a solution that was welcomed by masses across Pakistan.

Following Riaz's model, a number of housing schemes have sprung all across the country, proposing similar models that are also being welcomed by the people of Pakistan.

Understand Money Matters

An expert real estate agent also has considerable experience in handling money matters. It can be difficult to understand prices of different competing products that you may have to quote to your clients. There may be hidden charges involved in a particular property. As a professional consultant, you must ensure that you quote the accurate pricing. Clients aren't very pleased with such slippages. In some cases, such lapses can even have serious consequences and may jeopardize not only your deal with the client, but also your relationship with them.

Know Documentation, Drafting, Rules and Laws

There is endless paperwork involved in property matters. You need to verify the authenticity of every document that is transacted through you. You should be aware of exact process of property registration and transfer. You should also ensure the complete and accurate documentation and drafting of all agreements pertaining to different property transactions. You may be held responsible for any lapses.

In most cases, a default template can save you a lot of time and effort. You simply need to incorporate relevant changes in the template to make the deed or agreement relevant to your property transaction.

Take out time to study the housing laws and regulations impacting the properties that you deal in. Determine the applicable taxation laws as well as any other relevant information.

Strong Negotiator

It cannot be stressed enough. If you want to succeed in any marketing role, you really need to be a strong negotiator, willing to put powerful and convincing arguments to persuade your clients. However, you need to do this tactfully and ensure that you never miscommunicate anything to the client. Negotiation is the art of persuading someone, not deceiving or lying to him.

Excellent Networker

A major chunk of real estate marketing involves tapping into your personal and professional networks. A successful real estate agent is an excellent networker who is capable of forging strong relationships with his contacts.

Believe in Honest and Fair Dealing

If you want to enjoy long-term success as a real estate agent in Pakistan, you must always deal honestly and fairly. Over time, your networks start putting their trust in your ability to deliver. If you win the trust of other real estate agents and companies, they will start involving you in their exclusive projects, which will contribute to your long term success.

Bahria Town Rawalpindi

Overview

Bahria Town Rawalpindi

Bahria Town Rawalpindi is the first housing society launched by Bahria Town. The project drew immense popularity and established Bahria Town as one of the largest private sector real estate builders of the continent. The project is primarily concentrated in Phase 1 and 8, alongside Bahria Town Islamabad, which stretches from Phase 2 to 7. Cumulatively, Bahria Town's concentration from Phase 1 to 8 alone is worth more than $6 billion, according to sources. While some of these concentrations fall in the jurisdiction of Islamabad, they are generally referred to as Bahria Town Rawalpindi. Bahria Town Islamabad on the other hand, comprises Bahria Enclave.

Features

Bahria Town Rawalpindi is not a small project. The large-scale housing community that stretches from phase I to 8 is capable of housing more than 1 million people. The housing society is developed according to the latest international standards and codes of development. It characterizes state-of-the-art living standards and provides access to all the basic amenities of life. Bahria Town Rawalpindi has impressive healthcare and educational infrastructure and world class health practitioners and academicians. The gated community is monitored around the clock by an apt security team that comprises former military servicemen. The housing community offers a peaceful and comfortable lifestyle. Bahria Town Rawalpindi is self-sufficient in meeting its power needs.

Landscape

Built on a plateau, Bahria Town Rawalpindi offers stunning landscape. Well-planned roads, pavements, cycle tracks, parks, zoo, 3D cinemas and other fun and entertainment sites welcome you when you step into Bahria Town. The local community comprises literate Pakistanis who get along very well with one another. There are tons of activities happening in and around Bahria Town.

Phase 8 is by far the largest of all phases. Phase 9 was also merged into Phase 8 some time back. Some hill stations will also welcome you in Phase 8, where you can find exquisite villas and resorts that offer an excellent view of the city.

Bahria Town Rawalpindi Projects

Bahria Town Phase 1 to 7

Landmark in Bahria Town Phase 1 to 7

Phase 1 to 7 of Bahria Town comprise an excellent mix of residential units, apartments, commercial centers and other developments. The community has its own school, hospital and a mini golf course. It has access to Islamabad through PWD housing society. It also connects to GT Road almost opposite to the entrance of Bahria Town Phase 8. 

Market of property in Phase 1 to 7 is very stable and delivers good returns. Many projects have matured while some small-scale construction and development is ongoing.

Bahria Town Phase 8

Phase 8 is the largest phase of Bahria Town Rawalpindi. It stretches back to Chak Beli Yar on the map. It is a suitable housing option for people who seek a comfortable living community with access to all the basic needs of life. It features its own supermarket, known as Green Valley. It recently launched McDonald's next to Green Valley.

Bahria Town Phase has its own entrance. It also connects with DHA through a specially constructed bridge, giving phase 8 residents and visitors a quicker access to the main GT Road.

Many projects are still ongoing in Phase 8. Others stand completely sold out. A number of third-party developers have also launched their development projects in Phase 8.

From time to time, we come across lucrative investment opportunities in Phase 8. We will be happy to prepare a feasibility report for interested clients. 

Awami Villas

Awami Villas: Pre-fabricated housing units

Awami Villas were introduced as low cost quality housing option for people who cannot afford living in Islamabad. New bookings are closed and project has been delivered by Bahria Town. If you want the most affordable housing options in Bahria Town Rawalpindi, you should consider Awami Villas. However, the structures can only accommodate a small family at best. You should carefully inspect the available houses to ensure that they are still in good condition. Owing to salinity in the area, some houses are known to have a lot of cracks and may not be the most appropriate choice for everyone.

Awami Villas feature imported housing units that were originally developed in Malaysia.

Residents have access to all the basic needs of life. However, you need your personal transport to commute from Awami Villas to other parts of Rawalpindi and Islamabad. These housing units are located at a distance of almost 8 to 10 kilometers from the main entrance of Bahria Town Phase 8.

Safari Homes

Safari Homes are characterized by seismic-proof housing units with access to all the basic needs of life. The self-contained housing cluster has access to Bahria Town Phase 1 to 7 via Japan Road. A Turkish construction company was involved in execution of this project. Safari Homes come in options of 125 sq yards and 200 sq yards, making them suitable for small and medium-sized families.

The appealing housing units feature quality construction material and luxurious in-house amenities, such as kitchens fitted with cabinetry, build-in wardrobe in every bedroom, and wide terraces and balconies.

Intellectual Village

Meadows

Bahria Meadows are scattered across Phase II, III and VI. These housing units are conveniently located at a distance of 3 km from Islamabad highway. It takes approximately 10 minutes to reach Bahria Meadows from Islamabad International Airport.

Meadows is one of Bahria Town's modern housing projects that offers luxurious homes and villas, comprising state-of-the-art amenities, such as modern, fully equipped kitchen, designer cabinetry, exquisite lighting and Jacuzzi. Meadows offers a mesmerizing landscape with lush green parks and breathtaking views.

Garden City

Garden City was launched in Bahria Town Rawalpindi adjacent to Bahria Hamlet. The project is linked to 150ft. wide roads on 3 sides. It features underground gas, telephone and electricity connections. The housing community has access to commercial areas. It also features a USGA standard 18 hole Golf Course and some natural lakes. Residents can enjoy uninterrupted power supply as well as round the clock security and maintenance. Garden City project attracted a lot of investors initially, and prices also increased drastically, but now, things are relatively stable. The project hasn't been fully developed yet.

Market Condition

Bahria Town Rawalpindi is also one of the most developed projects of Bahria Town that enjoys great market stability. While those who made an early leap towards Bahria Town Rawalpindi reaped the greatest benefits, many investors continue to reap excellent returns by investing in these phases.

Price Range

Bahria Town Rawalpindi comprises many different residential and commercial projects that comes in different price ranges. Generally, the prices start from Rs 40 to 50 lac and can go up to Rs 40 to 50 million (Rs 4 caror to Rs 5 caror) and even higher.

Please don't hesitate to get in touch with us for the exact pricing.

Investment Feasibility

Investing in any project of Bahria Town Rawalpind requires an excellent grip of the market rates and conditions. Investors normally pair up with real estate experts to avail the maximum earnings. The profits are normally shared between the duo according to agreed terms. 

Some investors prefer to play solo by engaging in buying and selling of plots and houses in Bahria Town Rawalpindi on their own. While this saves you from splitting the profits, the option is not suitable for everyone. By purchasing and selling on your own, you accept full risk involved in the transaction. You will have to personally verify the product you are considering, assess its market price, complete the purchase process, offer your product for sale and finally sell it at the best offer. If you have extraordinary grip in real estate matters, then this shouldn't bother you. However, if you're interested in protecting your hard-earned savings, mitigating risk and maximizing profits in the shortest time duration, you should consider involving a reliable real estate expert in any property transaction involving Bahria Town Rawalpindi.

DHA Peshawar

DHA Peshawar: Overview

DHA Peshawar - Logo

Defence Housing Authority recently announced the launch of DHA Peshawar. The last date for booking a plot was 5 December, 2015. However, this doesn't mean that anyone who has missed the opportunity to book a plot in this period will not get another opportunity to own a house in DHA Peshawar.

This is normally known as pre-booking, and for sound projects, the booking price can increase once the pre-booking date expires (in this case, 5 Dec, 2015), requiring you to pay a premium or own money above the actual booking price. However, this is not necessarily the case for every project. If a project fails to generate significant response from the market and generate the booking amount needed to run its operations, then the project may further depreciate over a given period of time.

How is DHA Peshawar Different from the infamous DHA Valley?

While Defence Housing Authority seems serious about its intents to deliver on this project, we've already seen a previous collusion of DHA and Bahria Town in the form of DHA Valley. The project that started in 2008 sold an estimated 50,000 files. To date, not a single file owner has been given possession despite a lapse of more than 7 years.

DHA is keen to rebuild its image with the launch of DHA Peshawar. It is too early to comment on the feasibility of DHA Peshawar. Investors previously stuck in DHA Valley will think twice before making any decision.

Rumors have already surfaced about a second collusion of DHA and Bahria Town in the form of DHA Peshawar. But these are just rumors, most likely spread by victims of DHA Valley project who have got their investments stuck for more than 7 years in some cases.

It should be clarified here that DHA claims to possess 100% of the land needed for the development of DHA Peshawar. Rather than awarding files having no on-ground location, DHA will issue plot numbers in the case of DHA Peshawar.

Booking a Plot in DHA Peshawar

If you are interested in booking a plot in DHA Peshawar, we recommend you to conduct thorough market survey. We can also connect you with our DHA Peshawar consultant for tips and advice on booking a plot in DHA Peshawar.

No matter which real estate agent you choose, make sure that the company enjoys sound reputation and has proven track record in serving DHA customers. The agent should also be registered on the panel of DHA for greater peace of mind.

While the last date for booking a plot in DHA Peshawar has elapsed, you should still be able to book a plot through the real estate agent dealing in DHA Peshawar.

DHA Peshawar: Residential Plots

DHA Peshawar ad

DHA Peshawar has been launched in soft format, with the initial release of 10-marla  and 1-kanal plots only. Before DHA Peshawar's official ad was released in the newspapers, interested investors were booking plots in this project through authorized dealers.

In its official ad, DHA revealed the site for DHA Peshawar, which is found at the junction of northern bypass and ring road.

Successful plot applicants will be determined through balloting. Successful bidders will have to deposit down payments and observe the monthly installment plans until the end of the booking term.

DHA Peshawar: Payment Plan and Prices of Plots

In the initial launch, 10-marla and 1-kanal plots have been launched. The last date of booking a plot was 5 December, 2015.

The detailed payment plan is as follows:

10-marla plot

Total price: Rs 28 lac

Down payment: Rs 2.5 lac

12 Quarterly Installments: Rs 2.125 lac (3-year payment plan)

1-kanal plot

Total price: Rs 55 lac

Down payment: Rs 5 lac

12 Quarterly Installments: Rs 4.17 lac (3-year payment plan)

A non-refundable processing fee of Rs 11,000 in case of 1-kanal plot, and Rs 8,000 for 10-marla plot was required to be paid by applicants as non-refundable processing fee. After balloting, successful applicants will have 30 days to submit their down payment.

DHA Peshawar: Booking for Overseas Pakistanis

Separate booking channels were made available for overseas Pakistanis, who had the option to pay conveniently through any of the authorized banks. Details can be found on the official website of DHA Peshawar.

For overseas Pakistan, the non-refundable registration fee holds as follows:

10-marla Plot Registration fee: U$D 125

1 Kanal Plot Registration fee: U$D 150

After making the payment to the respective bank, applicants were required to email scanned copies of their photos, passport, receipt of payment and the DHA Peshawar application form.

DHA Peshawar: Commercial Plots

If you have missed out on the residential bookings, don't fret. There's more to come in DHA Peshawar, in the form of commercial projects. Investors looking for serious investment opportunities should seriously consider investing in commercial entities. It's still not clear about the details and payment plans of commercial entities, but we'll surely update you as and when we get any officially confirmed news about commercial plots in DHA Peshawar.

DHA Peshawar: Updates

Homes n Farms Pakistan can provide you all the support and information you need relating to DHA Peshawar. We will be closely monitoring this project, and if we are pleased with the actual developments, we will extend greater support to our clients for this project.

To discuss investment feasibility or any other query relating to DHA Peshawar, please don't hesitate in getting in touch with our DHA Peshawar expert, vide the contact form given to the right of the page. Alternatively, you can also use the Comments form below to share your views with us.

Bahria Town

Bahria Town: Overview

Bahria Town, officially known as Bahria Town (Pvt) Ltd. is by far the largest real estate developer of Pakistan. In fact, the housing project primarily aimed for middle- and higher-middle class families, is also recognized as the largest private housing scheme in Asia. Bahria Town boasts establishments in Rawalpindi (Phase I to 8), Islamabad (Bahria Enclave, Phase 2 to 7), Karachi, Murree, Lahore and Nawabshah. Many rumors have surfaced in the market about the launch of Bahria Town Peshawar, but the news cannot be confirmed so far.

In the twin cities alone, Bahria Town's net worth is more than $6 billion where the Bahria Town community was first established over nine phases, which are capable of meeting the housing needs of more than 1 million people.

Bahria Town is a popular housing community known to offer unparalleled living standards, safe environment, round-the-clock security, gated community, worldclass education and healthcare infrastructure, entertainment and dining, and more. Additionally, the society is self-sufficient in meeting the power needs of its residents.

Given Pakistan's fragile security system, housing communities, such as Bahria Town offer a safe living environment with drastically lower crime rate than most other housing communities and developments in the country. While Bahria Town enjoys top popularity in the country, a number of rival developers, such as Defence Housing Authority also offer similar gated communities adjacent to the main cities of Pakistan. In fact, DHA recently announced the launch of DHA Peshawar,

Bahria Town employs more than 35000 employees. It also owns the largest fleet of heavy equipment and service workshops.

Bahria Town currently has several housing projects in the pipeline. Some are in the process of gaining maturity. Others, such as Bahria Town Lahore have mainly been completed, with new, small-scale development works and project carried out every now and then.

Malik Riaz, Founder and ex-Chairman, is the driving force behind Bahria Town. His vision was to create a housing project for the middle-class Pakistanis. Today, Malik Riaz is one of the wealthiest and most influential Pakistanis alive.

Bahria Town has amassed ;several awards, including the Asia Pacific Property Awards. It has been featured in many local and international newspapers and magazines.

At the same time, Bahria Town has also been subject to controversies from time to time. Reports have surfaced about alliances of Bahria Town with the powerful military of the country. Malik Riaz is also blamed for illegal encroachment of land.

Bahria Town: Case Studies

Bahria Enclave

Like any other market, Bahria Town has its periods of highs and lows from the investment standpoint. Some experts believe that the company has lately been very aggressive in launching successive housing projects in the major cities of Pakistan but failed to deliver results on ground. Bahria Enclave II was launched more than 2 years ago, but investors who decided to invest their money in the project are still unsure of the fate of their investment. Even the NOC of Bahria Enclave II hasn't been cleared by CDA yet. Thousands of plots have been sold by Bahria Town in Enclave II, which shockingly doesn't even have any legal presence in Islamabad. In fact, CDA recently listed Bahria Enclave as an unauthorized housing scheme in Islamabad on its website.

DHA Valley

DHA Valley project was launched in 2008 and an estimated 50,000 plots were sold on the market. It was later discovered the Bahria Town was involved in the launch of DHA Valley. As of 2015, there are no signs of development of DHA Valley. In November 2015, Bahria Town asked investors of DHA Valley to get their plots transferred to Bahria Town Karachi or Phase-8 of Bahria Town Rawalpindi.

Bahria Town needs to take a serious note of these lapses to regain the trust and confidence of investors.

Investing in Bahria Town

If you're looking to invest in Bahria Town or any other lucrative housing project, you must understand the risks that are involved. While there are many successful projects of the company that offer safe return on investment, some projects are very risky and may get your funds stuck for a long period of time.

As a thumb-rule, you should consult expert advice when investing in Bahria Town. Look for reputable real estate agents with sound experience in Bahria Town-related transactions. Ensure that the real estate experts have had presence in Bahria Town for the past 5 to 6 years, if not more. They must also have demonstrable experience of earning profitable returns for other investors on their panel. Finalize the terms with the real estate agent you're consider. Typically, real estate agents partner with investors to hunt the hottest deals in Bahria Town. Upon purchasing a good deal, the agent then markets it aggressively with the hope of selling it for a decent return. The profit is shared between the investor and the agent according to the agreed terms.

By partnering with an experienced and reputable property consultant in Bahria Town, you get to maximize your return on investment. A legitimate consultant will take you through the entire process, and provide comprehensive feasibility report of different investment vehicles in Bahria Town to choose the best option in your budget. If you have are looking to invest in several products, the consultant can help you shape your investment portfolio, allowing you to rotate your real estate assets in the market to yield repetitive returns.

Tips for Buying Property in Pakistan

At Homes n Farms Pakistan, we cover the latest property news, updates, tips and information. We've been in the real estate business since 2000. In this period, we've closely monitored the rise and fall of property investors. When buying your property in Pakistan, you should make some important considerations. These property buying tips will ensure that you invest your savings in the top property investment products that are known to deliver excellent results.

Location

Location is one of the most important factors to consider when purchasing a property. Some locations offer greater perks and benefits than others and are hence pricier. Choose a location that offers the features and amenities you need. For instance, if you are interested in a residential project, you should look for shopping centers, public transport, parks, schools and other essentials in the vicinity.

Price

It is also important to determine the price of the property you're considering. Set a specific budget for the purchase and look for options within the budget. Make sure that you take all expenses, such as stamp duty, dues and transfer charges into account when determining the price of property. The stated price of property may lack these hidden expenses that must be borne at the time of transfer.

Property as an Investment Asset

It is common for many investors to buy property from the investment standpoint. The real estate sector of Pakistan offers lucrative returns, so it makes sense to invest your savings in reasonable property deal. However, the process is easier said than done. If you're not careful about this, you may get your funds stuck in a dead product. Thorough market research must be performed to find a property worthy of investment.

Local Newspapers

Local newspapers, such as Jang have classifieds section where sellers offer properties for sale. While it helps to consult the classifieds section as often as you can, make it a point never to miss the Sunday edition that typically includes higher volume of ads offering properties for sale.

Online Real Estate Forums and Sites

Many real estate websites in Pakistan allow users to place ads for sale and purchase of property. You can normally place an ad for free or a small price. If you are looking to buy property, you can advertise the details of the property you're looking for, such as location, size of property, purpose of purchase, budget and your contact details. Potential sellers will start contacting you with their offerings. Compare the properties and determine the option that delivers best value for the price.