Bahria Town Karachi is a 2 location development project in Karachi, Pakistan. The first Bahria Town Karachi is located in Saddar, close to the city's financial district and tourist attractions. The second, larger Bahria Town Karachi is located in Kamra, about 25 kilometers from the city center.
The first phase of Bahria Town Karachi includes 500 residential units and a shopping mall. Construction began in late 2013 and is scheduled to be completed in early 2016. Units are available for purchase at $300,000 each. A payment plan is available, with interest free loans available for up to 99 years.
The second phase of Bahria Town Karachi includes 1,500 residential units and a hospital. Construction began in late 2014 and is expected to be completed by mid-2017. Units are also available for purchase at $300,000 each. A payment plan is available, with interest free loans available for up to 99 years.
The payment plan for Bahria Town Karachi is 2023
The payment plan for Bahria Town Karachi is 2023. The development will start from 25 acres and the first phase of the project will cost Rs. 1,000 crore. Each subsequent phase will add Rs. 500 crore to the total cost of the project. The scheme of financing for Bahria Town Karachi is a mix of private and public funds. Private investors have been promised tax exemptions and an assured return on investment. The government has also promised to provide land, infrastructure and financial assistance in the form of soft loans and low-cost credit facilities to boost economic activity in Bahria Town Karachi
Bahria Town Karachi will be developed in two locations: North and South Karachi
- Bahria Town Karachi will be developed in two locations: North and South Karachi.
2. The development of Bahria Town Karachi will commence from the Northern Side in Gadap Town and will move southwardly towards the Makran Coast.
3. The estimated cost of developing Bahria Town Karachi is Rs500 billion. The development will be funded by the private sector and government investment.
4. There are plans to develop over 1 million acres in Bahria Town Karachi, which will include a mix of residential, commercial, recreational and industrial zones.
5. The construction of roads and infrastructure in Bahria Town Karachi is scheduled to commence during 2020.
The project will have a total of 1,500 acres and will include residential, commercial, and recreational areas
The project will have a total of 1,500 acres and will include residential, commercial, and recreational areas. The first phase of the development will be Residential with a capacity to accommodate 10,000 families. There will also be a Commercial area which will include hotels, restaurants, and retail shops. A Recreational area will include an outdoor amphitheater, a lake, and gardens. The project is scheduled to be completed in 18 years.
The payment plan for the project is as follows: 75% of the cost of the project will be paid in cash at the time of purchase while 25% of the cost can be paid over a period of 20 years using low-interest loans from banks or financial institutions.
The project is expected to generate 250,000 jobs
The Bahria Town Karachi location and payment plan
Since the project is expected to generate 250,000 jobs, the development of Bahria Town Karachi is sure to have a positive impact on the economy of Pakistan. The company has already revealed that it will be providing housing and employment opportunities to a large number of people, making it one of the most significant infrastructure projects ever undertaken in Pakistan.
The project will be financed through a combination of government loans and equity contributions from private investors. The government will provide 90% of the funding while the remaining 10% will come from private investors. Once complete, Bahria Town Karachi is set to become one of the most luxurious residential areas in Pakistan.
Developers are currently accepting payments for units in the project. Those interested in purchasing a unit can do so by visiting the website or by contacting one of the sales agents who are stationed throughout the country. Units in Bahria Town Karachi start at around Rs1 million (US$15,000).
The development will be financed by the Government of
The Government of Bahria Town Karachi has announced that the development will be financed by the Government of Pakistan. The payment plan for the development will involve a total debt amount of PKR 3,000 billion.
A provincial assembly was also announced to be established in Bahria Town Karachi. The assembly will have a membership from across all provinces of Pakistan and will be responsible for making decisions on matters related to the development.