Why Bahria Town Karachi is Slow? Land issues?
Why Bahria Town Karachi is Slow? Land issues?azanshah | Bahria Town News | October 11, 2016 Its not only Bahria but all societies facing same problem. Why? Its natural due course, prices go high and then some correction take place. Imagine if always prices go high with the same pace then what would be the price of your plot? Nobody would be in position to buy due to very high rate. What i think is its all about your business strategy, how/what/when you make sale purchase.As i mentioned multiple times, never go for unballoted items because that will not give you fruite unless it is balloted, even if balloted, you never know what location you will get. Hence, in bahria case, rates are still stable for good location property, even you won’t be able to find a best location plots. Therefore, always buy good location that is best possible in your budget.Bahria town situation is still better than others, but things are being bogged due to negative news about land. Whereas same land news are onbaord since begining of Bahria town. Pindi and Lahore BT land news situation was worst than BTK but LHR remained stable, even LDA had hanged banners everywhere, even on bahria town gate that these are illegal lands/sectors (Sector D, E & F) but noting happened, even today is same situation and these sectors are not registered with TMA but rates are high, i.e. 125 yards plot in Sector D upto 65 lac and 250 yards plot in sector E price is up to 110 lac in BTL. Also in the same unregistered sectors, people are living, in Sec D around 85% are houses now and 15% plot and vice versa.In BTK case, most of the investors are overseas, especially from Arab countries and they quickly get panic even with a tiny news, because they have instant access on social media, where one can easily spread news. However, everything depends on the development, if development is there, nothing will happen and only development will give the value to your property. What worst can be done due to land issue, Demolish everything?. No, but its all about money give and take. Even the cases detail is, that less money is paid for expensive land, so here what could be the results? Definitely demand for some more money.Regarding TAX, if you want to make regular sale purchase in BTK then i would suggest play in 125 and 250 yards. Here seller will pay only with-holding tax wich can be reclaimed from FBR. But for that you must be tax payer/filer. I will write in detail regarding tax and latest transfer procedure after taxes.