Main court's ruling in Bahria Town case lifts business sentiments.
The business community on Thursday welcomed the Supreme Court's decision, accepting Bahria Town, Karachi's offer of Rs460 billion, saying that the decision would be beneficial for all the stakeholders.
The businessmen said that the decision would resume construction activities worth trillion of rupees and directly improve the economic activities at times when structural reforms had slowed them down.
"I think this is a very good decision. This was a commercial issue and resolved commercially. This is fair for both the parties; the seller of the land and the buyer of the land," renowned businessman Arif Habib said.
More importantly, he said, the Supreme Court decision would resume construction activities in Bahria Town, Karachi, which would ultimately give a huge relief to the people, having invested...
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