Bahria Town

The Supreme Court in its last hearing, intended to find a solution under the law in the cases relating to encroachment of forest and Shamlat lands by Bahria Town in the areas of Rakh Takht Pari in Rawalpindi, and Sulkhtar and Manga in Murree. In this regards, Supreme Court issued notices to Forest Department, Government of Punjab as well as National Accountability Bureau (NAB),and adjourned the hearing...

سپریم کورٹ میں ڈھڈوچہ ڈیم کی تعمیر سے متعلق کیس کی سماعت کے دوران پنجاب حکومت نے ڈیم بنانے کی بحریہ ٹاؤن کی پیشکش مسترد کرتے ہوئے اسے خود تعمیر کرنے کا فیصلہ کیا ہے۔ عدالت عظمیٰ میں جسٹس عظمت سعید کی سربراہی میں 3 رکنی بینچ نے...

The Supreme Court accepted Malik Riaz’s offer to pay Rs460 billion within a period of seven years for Bahria Town Karachi. The apex court restrained the National Accountability Bureau (NAB) from proceeding with its reference against the real estate developer and relevant officials. The company will have to deposit the amount to the top court within seven years. Bahria Town made this offer for the...

Bahria Town has offered to pay Rs440 billion for Karachi Superhighway project, Rs22 billion for Takht Pari Rakh forest land and Rs23 billion for land in Sulkhtar and Manga. Bahria Town has asked for complete legal immunity of its directors and management in return of its new offer of Rs485 billion. The new proposal was submitted in the Supreme Court on Tuesday. After finalisation of the proposal all...

Good days of Bahria Town Karachi (BTK) investors would soon become reality. Owner of Bahria Town seems serious to give relief to their investors who are worried for the last many months. In the last hearing, the management of Bahria Town offered payment of Rs479.598 billion (all inclusive of fee, charges, duties, taxes etc comprising of land price, regularisation fee and profit for full and final...

Malik Riaz, in his recent statement on social media, promised to secure his investors’ hard earned money which is invested in his Bahria Town projects. He also promised to deliver such projects brilliant projects in future too. Malik Riaz and Bahria Town is expected settle its cases in near future which would definitely bring sigh of relief among Bahria’s...

Today, Malik Riaz offered to pay Rs358 billion for the legalisation of Bahria Town Karachi. But the Supreme Court of Pakistan termed it “unsatisfactory”. The Supreme Court bench asked Bahria Town to reconsider near to estimated Rs600 billion. Three-judge implementation bench, headed by Justice Sheikh Azmat Saeed hearing the case formed after the court had discarded review petitions filed against...