As the legal troubles of Malik Riaz deepen, one question is on everyone’s mind: Will prices in Bahria Town collapse, or can the real estate giant weather the storm and emerge unscathed?
The answer is not simple, it depends on several factors. For now, prices in Bahria Town have not crashed, despite social media rumors of a more than 50 percent drop in certain areas. However, market activity remains sluggish and is likely to stay that way until the situation becomes clearer.
What Sparked the Panic?
The recent auction of Bahria Town properties by the National Accountability Bureau (NAB), along with a stark statement from Malik Riaz, has rattled investor confidence.
Following NAB’s announcement, Riaz warned that the situation had reached a point where Bahria Town might be forced to shut down all operations across Pakistan.
“Our cash flow has been completely destroyed. It has become impossible to provide daily services, and we are unable to pay the salaries of our tens of thousands of staff. The situation has reached a point where we are being forced to completely shut down all Bahria Town activities across Pakistan,” he said in a statement.
Current Market Situation
In a recent report, BBC Urdu quoted individuals connected to the real estate market who expressed serious concern over the developments.
One property dealer said that tensions between the government and Malik Riaz had already dampened buying and selling for a long time. He warned that if Bahria Town’s offices close, property transfers for houses and plots would come to a complete standstill until an alternative system is put in place.
Another realtor told the publication that in recent months, the situation in Bahria Town projects has prompted many investors to liquidate their holdings and exit.
What’s Next for Bahria Town?
With multiple inquiries and legal battles ongoing, uncertainty continues to overshadow Bahria Town’s future. Under such conditions, new investors are unlikely to step in, while anxious existing investors may rush to offload their properties.
In the short term, there is little positive news for Bahria Town or its investors. However, depending on the outcomes of ongoing cases, the situation could improve in the long run. Still, whether the once-dominant Bahria Town can reclaim its position as Pakistan’s top real estate investment choice remains to be seen.
This is a general assessment of the situation and not investment advice.
It’s the wrath of time on so called dealers manipulating prices with zero expertise.
Everyone is a bahria expert nowadays.
Good . He looted others.
The person ,who works for the betterment of society or for nation,is treated like a criminal or traitor in our country.
Until and unless people of the Nation stand united against these misdeeds,it will keep happening.
Expected from thug, land grabber, criminal person & all those who were partner in crime, in including money laundering…
Unfortunately Jo Pakistan KO control kertay hein her waqt minting money mein lagay hein aur kisee Ka Karobaar chalnein nahein daena chahtay bhala aesay mein koee khaak Pakistan mein investment kerae ga
Why not name them?
Bcz we don’t want black suvs on our doorstep
I believe that the residents must take over and run the office matters themselves.
In this way they can improve the standard of services also
And who ? Will you run the sewerage dept ?
Will someone volunteer for cleaning crew ?
I expect you’ll say no
Not easy as it sounds does it ?
Government should taking over Behria town, and terminate it’s private status, includ Behria Town in GOVERNMENT DEVELOPMENT AUTHORITY OR hand over to DHA or detain government officials to run daily work.
Ahh yes hand over to DHA like everything else was given to them
And these government officials are going to do a perfect job just like all the other bureaucrats. 🤔🤔🤔
Market situation in Bahria Town is stand still for long time. However the recent incidents had no impact on the prices of properties. People can wait but will not sell on throw away prices. BTs are cities parallel to Rawalpindi, Islamabad and Lahore.
Issue is ɓetween the present regime and Malik Riaz.
For any mis adventure present Govt will face the music.
Time will pass and you will see a never ending hike in BT prices.
For last eleven years the amount of my gratuity and pension is stuck in precinct 33 Bahria Town Karachi as the plot is out of boundary wall and no one is ready take the responsibility of compensation, it is 500sqy plot.
Is there any good housing society like Bahria town????
No.
Please save a good society