BAHRIA TOWN PESHAWAR LATE?
The Bahria Town Peshawar launching, It’s a private limited real estate company that owns, regulates, and develops properties all over Pakistan. BAHRIA TOWN had tremendous success in Islamabad/ Rawalpindi, Karachi, Nawab Shah & Lahore projects, and has finally planned to launch the second largest project in Khyber Pakhtunkhwa after Karachi because of the emerging population and demand in the market. For more info Click HERE or the official website of Bahria Town Peshawar.
They chose Peshawar for the KPK project, to provide a luxurious but affordable standard of living. The amenities such as hospitals, an education line, 24/7 security, food courts, and top-notch infrastructure. Different malls and markets, golf and horse riding clubs, and much more are worth waiting for BAHRIA TOWN Peshawar to launch.
This shows that the start or mid of 2021 will bring good news to KPK residents.
REASONS FOR LATE LAUNCHING OF BAHRIA TOWN PESHAWAR
Following are the different reasons that led to the late launching of the Bahria Town Peshawar project:
Under-process NOC
The NOC is a No Objection Certificate issued by local authorities that allows the company or a person to purchase or construct a particular property. BAHRIA TOWN Peshawar needs NOC from different departments of KPK such as the water department, electricity department, gas/ oil department, and many more. Without the permission of this particular department, this project can’t proceed to its completion. Various news has disclosed that NOC for BAHRIA TOWN Peshawar is under process which is causing a delay in launching this project.
According to official news, on August 19, 2020, the Peshawar High Court has stopped the Director-General of Peshawar Development Authority from the issuance of NOC for BAHRIA TOWN Peshawar till 8 September 2020, but it has not been issued yet.
On-going Land Occupation
The master plan for BAHRIA TOWN Peshawar remained undisclosed but according to the management, it covered a large area of approximately 100,000 Kanals. It locates at Charsadda Road near Northern Bypass and M2 Expressway. BAHRIA TOWN Peshawar provides residential and commercial plots, homes, and apartments. The prices are higher but it is because of the high management and development costs.
COVID-19
Because of the COVID pandemic, the real estate market of Pakistan has had a very difficult time managing its projects. Everyone supposed BAHRIA TOWN Peshawar to launch in January 2020 and start its development. But, unfortunately, the most awaiting project of Bahria Town is still a hanging garden because of COVID-19. Authorities were sure that the situation will get normal in September 2020, but it didn’t happen either.
The roads, plots, gardens, clubs, parks, malls, and many more sites will be completed by mid of 2021. So, that the most awaiting project of BAHRIA TOWN can start the show. COVID-19 had a tremendous effect on the whole world shutting down various projects all over the world. But the founder of BAHRIA TOWN Group, Malik Riaz Hussain is pretty confident to launch this project soon in 2021. He motivated the citizens of Peshawar to “get ready” for it.
Why the launch of this project is delayed Click for Details.
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