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Karachi's Bahria Town being built on the outskirts of Pakistan's financial capital is among the world's largest privately developed and managed cities. It is spread over an area of a little over 70 square miles, larger than the 49 square miles area of San Francisco. When completed, Bahria Town will house over a million people, more than the entire population of San Francisco.
Bahria Town Karachi |
Karachi: Bahria Town Square |
Karachi: Bahria Town Housing |
Karachi: Bahria Town Nature Recreation Area |
Eden Housing Gated Community in Lahore, Pakistan |
Bahria Town Islamabad |
Why is the #Pakistan media silent about #MalikRiaz whose family purchased Hyde Park #London property from a son of ex PM #NawazSharif ? This is the largest such settlement by British crime agency. #Corruption #MalikRiazSettlementStory @TRTWorld https://www.trtworld.com/asia/why-is-the-pakistani-media-silent-abo...
Malik Riaz has paid $250 million as part of a settlement with Britain’s money laundering investigating agency.
Most news anchors won’t speak his name during their programmes. A guest in a talk show was muted every time he mentioned his name. Mainstream newspapers ran cautious stories. Forget opinions and investigative features.
The story is about Malik Riaz, a Pakistani real estate tycoon, who just paid $250 million in a settlement and officials don’t want to discuss it.
On December 3, Britain’s National Crime Agency (NCA) said it had reached a settlement with Riaz and his family as part of a year-long fraud investigation.
The money, which was confiscated from bank accounts and an expensive London mansion overlooking Hyde Park, will be transferred to the Pakistani government, the NCA said.
Riaz’s family had purchased the Hyde Park property from Hassan Nawaz, a son of former prime minister Nawaz Sharif, who himself faces a corruption enquiry.
This is the largest such settlement since the NCA’s mandate was updated two years ago to investigate money trail of people who might have acquired wealth from illegal means.
Bahria Town, Riaz’s company, is perhaps the largest real estate developer in Pakistan. He has built housing complexes, apartment buildings and golf courses in lavish developments that come with miniature copies of the Pyramids and amusement parks.
The Pakistan government has refused to divulge details about the settlement, saying it has been reached under a confidentiality agreement.
Riaz himself tried to spin the story by saying he’s simply bringing back money kept in foreign accounts, saying he has sold the property.
He didn’t say that the NCA was investigated him and the assets had been confiscated.
In August, the NCA froze bank accounts containing more than $150 million, which were suspected to be profits linked to kickbacks and bribes. Those accounts belonged to Malik Riaz.
Earlier this year, Riaz agreed to pay the Pakistani state around $2 billion to settle a case, which involved the illegal occupation of thousands of acres of land in Pakistan’s biggest city, Karachi.
At the time, people had questioned how a businessman with little exposure to foreign markets had come to acquire such vast wealth in a country, which has time and again approached the International Monetary Fund (IMF) for bailouts.
“No one is developing real estate property like he does. Even his critics would want to go and live in his housing projects,” says a Karachi-based builder, who asked not to be named.
“There is an increasing dearth of homes in cities while the population is expanding rapidly. Young people are moving out of their parents’ home, siblings who once lived together in combined families, now want their own places. Malik Riaz has simply tapped this market on a grand scale.”
But Bahria Town faces accusations of manipulating land records and forcibly evicting people from their villages on the city outskirts to make way for its projects.
Riaz, a major advertising spender, has an outsized influence over media houses, which block coverage critical of the real estate tycoon.
“You can report on powerful military and extension issues of its commander but not Malik Riaz. You can imagine his influence,” a reporter told TRT World.
Bahria Town’s projects, which include thousands of residential and commercial properties, have also become a way for high-yield chasing investors to make quick money.
Thousands flocked to the Bahria Town offices when he announced a new project, trying to buy property documents, which are later sold at many times their face value on the underground market.
Last month, while Murad Gabol’s two children were sleeping, police raided his house. “We showed them the papers of our home, but they beat us and locked me up in jail,” Gabol said.
https://english.alaraby.co.uk/features/how-indigenous-lands-are-bei...
Noor Mohammad Goth, a village in the outskirts of Karachi, had been home to Gabol and his family for generations. “We’ve lived here before Pakistan existed… We got the papers [for our land] from the British when Pakistan was created. This is our land,” he said.
Gabol says that ever since a gated community called Bahria Town started development between the cities of Karachi and Hyderabad in 2013, indigenous lands have been forcibly seized.
Bahria Town Karachi is a privately owned suburb under construction located 45 kilometres outside Karachi on a busy highway that connects the city to the rest of the country. The neighbourhood is being built by the Bahria Town Group, one of Asia’s largest private property developers, with construction projects in cities across Pakistan.
Their Karachi project alone occupies under 46,000 acres (making it three times the size of Manhattan). Bahria Town promises a million members of the elite class access to private and secure supplies of water, gas and electricity. It even has its own golf course, the world’s third-largest mosque, an exclusive block for overseas residents and a private police force.
To make way for the skyscrapers, villages on the periphery of Karachi’s Bahria Town have been coerced into displacement over the past seven or eight years, says Hafeez Baloch, the leader of Sindh Indigenous Rights Alliance and a resident of Gadap Kator, a village adjacent to Bahria Town Karachi.
Although Baloch’s village is not occupied, he worries about the impact of large-scale development on the environment.
“There are mountains and rivers here, and there is an international park here, and Bahria Town is planning to put all their sewage there. If they are not stopped, the villages left will not be able to sustain themselves. This is a matter of life and death for us.”
On June 6, Baloch, with other indigenous rights activists and villagers, held a protest outside the neighbourhood. Activists who attended the protest told The New Arab that speeches by the organising committee members were going on when black smoke started rising from the main gate of Bahria Town. They deny association with vandalism.
Soon after, police fired tear gas to disperse the crowd, injuring children, women, and the elderly. Some vehicles, showrooms, and buildings inside Bahria Town were also set on fire.
As a result, the police have issued over 28 First Information Reports (FRIs) on terrorism charges and arrested hundreds of people, many of whom Baloch says were not even at the protests.
The absence of managing lands on the basis of environmental and social considerations has devastated the Karachi region. Over 2,800 goths [villages] along with their agricultural and pastoral lands have been swallowed up by developer-planned housing schemes. Their original owners have been made homeless and destitute. For example, the area of Bahria Town Karachi is larger than Manhattan. A land use change over such a large area is not a part of any official plan. Also, how was this huge land assembly achieved, considering the fact that it must have involved dealing with hundreds, if not thousands, of original owners?
https://www.dawn.com/news/1606997
The story that emerges is one of coercion and murder, with support from officialdom, of those who opposed the surrendering of their properties. Those responsible for this have not been brought to justice in spite of overwhelming evidence against them. It is pertinent to mention here that, in 1985, 70 percent of Karachi’s vegetable and fruit requirements came from its rural areas. In 2013, this was reduced to 10 percent and Karachi lost a huge and undefined area of tree cover and green areas.
It is the first privately-developed public infrastructure project
https://tribune.com.pk/story/2157624/bahria-town-opens-m9-interchange-public
Bahria Town Karachi opened its newly-built dedicated interchange on M9 Motorway for public on Saturday. The interchange is the country's first public infrastructure project to be constructed and fully funded by a private real estate developer.
The objective behind construction of the interchange was not only to facilitate the residents of Bahria Town but also to assist travelers at large.
The eight-kilometres-long project includes three underpasses, multiple slip roads, access roads, service roads, part of M9 that passes through the interchange, extension of an existing bridge, construction of a new bridge and a causeway.
The interchange also incorporates a modern drainage system, while it is decorated with trees, shrubs and plants alongside the network of roads, pavements and walkways.
Moreover, the interchange also complements the road network within Bahria Town, which also features the 18-lane Jinnah Avenue, inspired by Sheikh Zayed Road of Dubai.
Five years ago, Bahria Town had constructed a sophisticated set of underpasses and a flyover in Clifton in its efforts to upgrade the living standards of the people and ease of conveyance in Karachi. These efforts were also followed by the 'Clean Karachi Campaign' by Bahria Town Karachi, while striving to revive the beauty of the city.
The suburban neighbourhood of Bahria Town in Karachi, Pakistan’s largest city, is billed as a utopia.
At 46,000 acres, the city-within-a-city under construction is more than three times the size of Manhattan, to be complete with posh apartments, parks, a zoo, schools, restaurants and the world’s third-largest mosque. Its developer has hailed it as a model city, designed to house one million people when finished.
https://www.vice.com/en/article/wx5xam/arson-arrests-bahria-town-pa...
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“Bahria Town Karachi has provided what others can’t, not just to the rich but also low-income people in the form of jobs,” Bahria Town Karachi resident Sidra Najeeb told VICE World News.
The June 6 incident shook many like her. “It was like I, and my home, was being attacked,” she said. “Whatever the issue is [between the villagers and Bahria Town], it’s not right to destroy such beautiful property.”
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But the elite community became a site of chaos and destruction earlier this month.
While indigenous rights groups and villagers were protesting outside the neighborhood, which they claim was built on land stolen from them, videos circulated on social media of masked men setting the entry gate on fire, then rushing in and torching cars and vandalising shops on June 6.
In the coming weeks, 156 people were arrested and charged at an anti-terrorism court.
But some say they are being falsely blamed for the violence. “I wasn’t even there during the protests,” Jansher Jokio, a 27-year-old laborer accused of terrorism, told VICE World News. “But I know why I was named. It’s because I’ve been resisting Bahria Town for three years.”
Jokio is one of the thousands of villagers who have been arrested or charged over the last eight years for protesting what they call illegal land grabbing.
Kazim Mahesar, a lawyer who has advocated for villagers like Jokio for five years, told VICE World News that the authorities are indiscriminately punishing indigenous villagers and activists. Among those arrested were children as young as 12, said Mahesar, who is part of a legal team challenging the arrests and charges at the local high court. The next hearings are scheduled for July 7.
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After the recent violence, Riaz tweeted a statement maintaining that the Karachi development is legal and asked for “justice” against the “act of terrorism”.
“We did not illegally grab any land,” he said. “If anyone can prove illegal occupation of even an inch of land, we will be responsible. We have faced investigation before, and we will again.”
Project Attraction: A Master-Planned Community with World-Class Infrastructure and Facilities Exclusively For Overseas Pakistanis
Project Type: Master-planned gated community
Project Status: Booking has been closed.
https://www.alhussainproperties.com/bahria-town/bahria-town-karachi...
Project Availability:
Lakeview Block adjacent to a magnificent lake
Golf Course Block adjacent to USGA Standard Golf course
Residential plots: 250,500,1000 and 2000 Sq. Yards
Commercial plots: 125,200 and 250 Sq. yards
Bahria Homes: 125 and 200 Sq. yards
Bahria Apartments: 2,3 &4-bed
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While rain wreaked havoc in most parts of Karachi, Bahria Town Karachi (BTK) appeared to have remained unaffected.
https://tribune.com.pk/story/2255574/bahria-town-unaffected-by-mons...
According to a statement, there were no water puddles in the gated community's streets nor overflowing gutters causing inconvenience for its residents during the heavy downpour. The streets remained dry as the rainwater quickly drained away.
Besides, the locality was not subjected to prolonged power cuts following the rainfall, which otherwise has been a norm in Karachi. As a result, residents were able to continue their daily activities despite the heavy rain.
The statement added that BTK has a separate sewerage treatment plant that runs around the clock and is being used to recycle water so that it may be used for construction and horticulture needs, as well as conserving water.
Furthermore, it has constructed 12 dams to collect rainwater, with the capacity to hold 167.6 million gallons of water, showcasing its efforts to utilise and conserve national resources.
Bahria Town Karachi 2 | All You Need To Know
https://pakistanpropertyservices.com.pk/bahria-town-karachi-2-all-y...
Booking of Bahria Town Karachi 2 will start on 5th January 2023. Investors should be ready to invest in Bahria Town Karachi 2 to invest in the property of their choice. It is a golden opportunity for investors who want to invest in Bahria Town Karachi but cannot do so for any reason. They are again getting a chance to invest with the developers of their choice.
Bahria Town Karachi 2
Bahria Management is well-known for the amenities and facilities it provides. Bahria Management will follow the same international standards in Bahria Town Karachi 2. One of its main facilities is its location in the prime spot, which is very easy to access from different sides.
Bahria Town Karachi 2 Location:
Bahria Town Karachi 2 or BTK2 is located ideally 30 km from Bahria Town Karachi near Nooriayabad on M9 Motorway. This location is easy to access from different landmarks of the area, like the new Karachi Airport and DHA Phase1.
Bahria Town Karachi 2 and Bahria Town Karachi will be developed as Twin cities. Bahria Town Karachi will join Bahria Town Karachi 2 through the back gate.
Nearby areas:
M-10 Motorway is almost 30 minutes away
Jinnah International Airport is nearly 30 minutes away
The super-Highway toll plaza is nearly 34 minutes away
Malir Cantonment is nearly 50 minutes away
Gulzar E Hijri Scheme 33 is almost 55 minutes away
Dream World Family Resort is nearly 20 minutes away
Karachi Northern Bypass is nearly 39 minutes away
Al Ghafoor Green City is roughly 45 minutes away
North Town Residency Gadap Town is nearly 50 minutes away
Memon Medical Institute Hospital is almost 45 minutes away
Shah Faisal Town is almost 40 minutes away
Fiesta Family Water Park is nearly 30 minutes away
Development status:
The development of Bahria Town Karachi 2 is 40% completed. The gatehouse’s grey structure and roads with green belts on the 40% area are 100% finished now.
BTK2 Rates | Bahria Town Karachi 2 Rates | Payment Plan, Location and Map
These roads feature street lights too. The management has promised to complete the rest of the development within no time. The development time for Bahria Town Karachi 2 will be less than Bahria Town Karachi.
Daily Updated Bahria Town Lahore Rates – Updated Prices of Bahria Town Lahore
Sector A Bahria Town Karachi 2 will be the priority for the developers to develop.
Successful developers:
Bahria Management has always offered projects offering luxurious and contemporary facilities for their investors and huge profits. They are well-reputed among investors, who want to invest with them to increase their profits. Bahria’s management has a great demand in their market. Each of the previous projects has been completely sold out.
Daily Updated Bahria Orchard Lahore Rates – Updated Prices of Bahria Orchard Lahore
Investing with Bahria’s management is the priority of the investors.
Approval:
Bahria Town Karachi 2 is already approved by SDA and SBCA. All the documentation is 100% complete for the process of leasing Bahria Town Karachi 2. Investors can rent their property after completing their payment too.
Limited plots available:
Bahria Town Karachi 2 is offering limited plots for investment. The investors will have to hurry to book their properties as the demand will be higher and the supply of the properties will be low. Invest in Bahria Town Karachi 2 as soon as the booking opens.
Updated Bahria Nasheman Lahore Rates – Updated Prices of Bahria Nasheman Lahore
Considering these project factors, it can be the investment that delivers unmatched dividends and is a golden opportunity.
THE VIEWS TOWER 2 BY EMAAR
DHA Phase 8, Defence, Karachi
https://hspropertypk.com/property/the-views-tower-ii-by-emaar/
Description
The Views Tower 2 is in Emaar Ocean Front with state-of-the-art 2 and 3 bedroom apartments embodying the finest coastal luxury. Residents of The Views Tower 2 will have the unique blend of modern facilities and a serene waterfront lifestyle on their doorstep. With views of the Arabian Sea, the Views Tower II lifestyle promises to be truly one of a kind.
Offering:
– 2 Bed Cityscape View Apartments
– 3 Bed Oceanfront View Apartments
– 4 years Easy Payment Plan
– LIMITED INVENTORY
Highlights Of The Project:
Luxury Iconic Lifestyle
Uninterrupted Views of The Arabian Sea
Footsteps Away From The Beach
Safe & Secure Gated Community
Waterfront Promenade
Outstanding Dining & Retail Destinations
24/7 Security and CCTV Surveillance
Card-controlled Access for Vehicles and Pedestrians
A Safe Investment for Your Family and Your Future
Central Park
Perfect Location:
5 minutes drive to DHA Golf Club
5 minutes drive to Dolmen Mall
5 minutes drive to Outstanding
5 minutes drive to South City Hospital
Prices Starting From:
1 Bed Apartments PKR69.2M
2 Bed Apartments PKR 81.5M
3 Bed Apartments PKR 158.8M
4 Bed Apartments PKR 212.4M
Fall in love with the breathtaking sunsets over the Arabian Sea from the luxury of your living room. Each property has its own unique design aesthetic.
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Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world. This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential? Is Pakistan getting ready for what is being described as the "AI…
ContinuePosted by Riaz Haq on October 6, 2024 at 5:00pm — 4 Comments
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ContinuePosted by Riaz Haq on September 26, 2024 at 5:00pm — 8 Comments
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