Bahria Town (2).

Byline: Abid Ajmal - Karachi

BAHRIA Town Karachi has recently sent demand notices to property owners for 35 per cent additional development charges. It had earlier received land and development charges with each installment and these 35pc additional charges are over and above the amount.

Bahria Town has, in fact, once again used arm-twisting tactics against the investors as was done in the past when Bahria Town Rawalpindi's phase IX was launched without any lawful ownership of the land.

Subsequently, a number of investors lost huge investment. A few who could manage funds were accommodated in Bahria Town phase VIII by paying extra amount and files of phase IX were merged. Subsequently, Bahria Town Rawalpindi imposed additional development charges on plots of land allotted in phase VIII.

Apparently, it seems there is no transparency and no rules were followed in allotting the land. Those who participated in the initial launch of Bahria Town Karachi were allotted land where market prices remain much less even after over five years than the actual amount paid to Bahria Town.

It is regrettable that the hard-earned money of those who contributed towards development of prestigious precincts was used for the...