Precinct 41 to 45 of Bahria Town Sports City Karachi:
The Sports City Bahria Town has been a hot topic of discussion for many families in recent years. With a lot of good news, the sector has been developing at a rapid pace. One of the good news was about the acquisition of some of the disputed land, other news also includes the redesign of the sector and rearrangement of some of the files. Now here’s some more analysis about life in the Sports City Especially in the hottest Precincts.
The Precinct 41 to 45 of the Sports City area are exceptional places to live at. Here’s more about them.
Precinct 41 to 45
Currently, there are reports that Sports City Precincts 41 to 45 do not own land in Bahria. In Bahria’s Karachi office, as well as on social media, a number of different groups of people have targeted Bahria.
They have valid ground, however, Bahria says, and everybody should pay their payments on time, otherwise, the company reserve rights to cancel the property after skipping two consecutive payments Personally, because of non-payment specifically precinct 44/45 because they are around 7 lac minus, I think Bahria would never cancel any sports city plot. So you will be paid 5 lac minus, which is a 25 percent deduction if they cancel your story, so this cancellation does not suit Bahria.
Debate on policy
However, for Sports City Precincts 41 to 45, Bahria is considering the following three options:
- 100% refund, which is much less likely because once taken, Bahria rarely pays full cashback.
- Complete reimbursement, but in any other Bahria property installments or dues, the money will be modified
- Allocation of alternate plots of the same value in other districts i.e. 125 yards or 250 yards (one can pay the difference)
Bahria has not yet decided anything, please notice, but they nodded that they were thinking about the above choices. However many have used alternative property under the carpet in other precincts against the Sports City plot, but this choice is not available to all. One choice is already available for the sports city project and valid for all, which is that you can combine the sum of your plot into the other sports city land. Like in your Called sports city villa, you can combine your precinct 45 plot quantity.
In Bahria Paradise and Sports Area, the affected precincts are currently selling at 30 percent to 40 percent less so it is also a short-term opportunity for investors who can take good risks. After the new places/adjustment plans have been revealed, things should begin to change.
Adjustment if you are still disputed
If you have plots in disputed/disowned districts, before paying your remaining payments, you can contact Bahria Town for their adjustment/relocation plan. If you have purchased a plot for your own home, selling your plot in affected precincts and buying something in safe/old precincts would be a better choice. You have no choice but to wait for a few months/years before your plot is moved and that area is built if you do not want to incur losses.
Precinct 41 is undeveloped, and the storeys we all hear are under contested ground. Growth has begun in this precinct. As far as the place is considered, from precinct 41, you can see the Eiffel Tower and even the Raafi Stadium. Precinct 42 43 is similar to this and work is also being progressed on this precinct. Soon you will be granted ownership, but you have to wait for that.
If you want to invest safely, it is recommended that you purchase a property only on legalized land. In the coming days/months, Bahria Town will determine the future of unauthorized/disputed land, and it will take a lot of time for Bahria Town to adapt to the thousands of affected people. It is best to stay out of risky investments unless you have several years to wait.
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