Bilawal Bhutto has laid the foundation stone of 6 lane Malir Expressway, Karachi. Malir Expressway is 38.75 KMs long expressway at a cost of Rs 27.5 Billion. It is the biggest public private partnership project of Pakistan which has been conceived & now being implementing by Sindh Govt. https://www.youtube.com/watch?v=V-UpxOmC5BA Chief Minister Murad Ali Shah said the project that is being...
Grand Jamia Masjid, Bahria Town Karachi is the World's 3rd largest & Pakistan's largest mosque, a dream of Malik Riaz. Bahria Grand Mosque will have capacity to accommodate 800,000 people. Its mix of Islamic & Mughal style architecture. Bahria Town, one of Pakistan’s largest real estate developers owned by property tycoon Malik Riaz, is building the world’s third largest mosque...
Green Line Bus Rapid Transit (BRT) project in Karachi that began in 2016 will be completed by July 2021. The Green Line BRT project was initiated in early 2016, with the estimated cost was Rs25 billion, under the supervision of the Sindh Infrastructure Development Company Limited (SIDCL), a federal entity. Original plans envisioned development work would be complete by the end of 2017, but frequent...
A smart city is an urban area that uses multiple latest available options of efficient & fast network system, apart from other modern facilities like education, health & sports facilities, modern security system, as well as their own water & sewage treatment plants. The Smart City housing concept integrates various systems with the help of latest concepts of “Information &...
The Supreme Court on Monday reserved its judgment in the Bahria Town implementation case. Supreme Court sought a new report from the Survey of Pakistan on the demarcation of Bahria Town Karachi while taking notice of the occupation of more land than the allotted one. Attorney General, instead of asking money for the federal government, requested to spend it through a judicial committee and said a...
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...
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