Over 200 kanal land of a cooperative housing society was illegally transferred to property tycoon Malik Riaz’s Bahria Town Lahore, the National Accountability Bureau (NAB) said, Daily Dawn Reported. NAB conducted an inquiry against officials of the Official Employees Cooperative Housing Society Ltd, revenue department and Bahria Town Lahore over the illegal transfer of the land. “The inquiry...
An accountability court in Karachi ordered authorities on Saturday to attach the properties of Zain Malik, a builder and the son-in-law of property tycoon Malik Riaz, in a case pertaining to illegal amalgamation of commercial land for a multi-storeyed building in Karachi. According to local media reports, the issue was presented before the accountability court-III judge Sher Bano Karim on Saturday, who...
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...
There are plenty of options to invest in the property sector in the city of lights, the largest and most populous city of Pakistan – Karachi. It is spread over an area of 3,782 km sq., home to over 19 million people. Located on the eastern coast of the Arabian Sea, just northwest of the Indus river delta, Karachi is home to Pakistan’s two largest seaports, the Port of Karachi and Port Bin Qasim. It...
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...
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...
Compare listings
Compare
by