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Malik Riaz CEO Bharia Town, using his influence among the government officials got a contract to $400000978596970970609087handing over to allocated owners/members of the society. The plot owners had already made full payments of development charges. There were again charged twice for developments charges from Bharia Town. |
Malik Riaz CEO Bharia Town, using his influence among the government officials got a contract to $400000978596970970609087handing over to allocated owners/members of the society. The plot owners had already made full payments of development charges. There were again charged twice for developments charges from Bharia Town. |
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Malik Riaz later backed out of the development work and sold the land to Defence Housing Authority & Army$ Housing Directorate in violation of the law and contract, leaving the owners of the plots in the lurch. According to a recent survey plot prices in adjacent Housing societies ranges from 60 to 80 Lakh / Kanal. |
Malik Riaz later backed out of the development work and sold the land to Defence Housing Authority & Army$ Housing Directorate in violation of the law and contract, leaving the owners of the plots in the lurch. According to a recent survey plot prices in adjacent Housing societies ranges from 60 to 80 Lakh / Kanal. |
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A petition has been filled in the Lahore High Court (LHC) Rawalpindi bench against Malik Riaz (Bharia Town). |
A petition has been filled in the Lahore High Court (LHC) Rawalpindi bench against Malik Riaz (Bharia Town).<ref>{{www.nation.com.pk/pakistan-news-newspaper-daily-english-online/print/Regional/26-May-2009/Judge-orders-outofcourt-settlement}}</ref> |
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The development of the Rawalpindi Bahria Town has been undertaken in partnership with Malaysian consortia TAK and MAX Corp<ref name="dt">{{cite news|url=http://www.dailytimes.com.pk/default.asp?page=story_14-4-2005_pg3_4|title=Housing boom a solution to Pakistan’s problems|author=Malik Riaz, Chief Executive of Bahria Town|work=Speech given at the NAB conference in Islamabad|date=April 14, 2005|publisher=Daily Times|accessdate=May 24, 2009}}</ref> |
The development of the Rawalpindi Bahria Town has been undertaken in partnership with Malaysian consortia TAK and MAX Corp<ref name="dt">{{cite news|url=http://www.dailytimes.com.pk/default.asp?page=story_14-4-2005_pg3_4|title=Housing boom a solution to Pakistan’s problems|author=Malik Riaz, Chief Executive of Bahria Town|work=Speech given at the NAB conference in Islamabad|date=April 14, 2005|publisher=Daily Times|accessdate=May 24, 2009}}</ref> |
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According to Pakistani news sources, Bahria Town has been associated with losses to investors resulting from delays to projects<ref>{{cite web|url=http://sweethome.overseaspakistanis.net/node/182|title=Bahria Town Phase-9 Rawalpindi map|date=19 June 2008|work=Apna Ghar|publisher=Overseas Pakistanis Net |
According to Pakistani news sources, Bahria Town has been associated with losses to investors resulting from delays to projects<ref>{{cite web|url=http://sweethome.overseaspakistanis.net/node/182|title=Bahria Town Phase-9 Rawalpindi map|date=19 June 2008|work=Apna Ghar|publisher=Overseas Pakistanis Net |accessdate=2009-05-24}}</ref>. Bahria Town Chief Executive, Malik Riaz, has blamed these losses on government corruption<ref name="dt" /> There have also been accusations that Bahria Town, along with other major developers, were involved in misrepresentation involving the Pakistani armed forces.<ref>{{cite news|url=http://www.dawn.com/2007/01/26/top11.htm|title=Report sought on builders using armed forces’ name|last=Khan|first=Sher Baz|date=26 January 2007|work=Dawn the Internet Edition|publisher=Dawn Group of Newspapers|accessdate=2009-05-24}}</ref> |
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On September 9 2004, two people were killed in a stampede at Bahria Town's Islamabad office when people coming from different parts of country were attempting to get membership forms for the town development. |
On September 9 2004, two people were killed in a stampede at Bahria Town's Islamabad office when people coming from different parts of country were attempting to get membership forms for the town development.<ref>{{cite news|date=2004-09-09|work=Financial Times|accessdate=2009-05-24}}</ref> |
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==References== |
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{{Reflist}} |
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==External links== |
==External links== |
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[[Category:Towns in Lahore]] |
[[Category:Towns in Lahore]] |
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{{PunjabPK-geo-stub}} |
{{PunjabPK-geo-stub}} |
Revision as of 02:17, 1 October 2009
syed hamzah ali zaidi was born in 1996 and owns $4,00000,00000,000000000,000000000,00000000,00000000,00000000
Bahria Town Projects
Bahria Town Lahore
- Sector A
- Sector B
- Sector C
- Awami Villas
- Safari Villas
- Executive Lodges
- Overseas Enclave
- Canal View Residency
- Pyramids
Bahria Town Rawalpindi/ Islamabad
- Bahria Town Phase 1 to 6
- Bahria Town Phase 7
- Bahria Town Phase 8
- Bahria Town Phase 9
- Meadows
- Bahria/Safari Homes
- Awami Villas
- Bahria Garden City
- Bahria Golf City
- Bahria Heights
- Executive Lodges
- Overseas Enclave
- Safari Apartments
- Safari Valley
- Safari Villas
- Safari Mall
- River View Commercial
- Civic Center
Upcoming Projects
- Bahria Icon
- Ahram-e-Misr
- Bahria Paradise
Schools & Colleges
- Ace International Academy
- Dr. A.Q. Khan College of Science & Technology
- A.K.S Science College (phase 2)
Controversies
Malik Riaz CEO Bharia Town, using his influence among the government officials got a contract to $400000978596970970609087handing over to allocated owners/members of the society. The plot owners had already made full payments of development charges. There were again charged twice for developments charges from Bharia Town. Malik Riaz later backed out of the development work and sold the land to Defence Housing Authority & Army$ Housing Directorate in violation of the law and contract, leaving the owners of the plots in the lurch. According to a recent survey plot prices in adjacent Housing societies ranges from 60 to 80 Lakh / Kanal. A petition has been filled in the Lahore High Court (LHC) Rawalpindi bench against Malik Riaz (Bharia Town).[1]
The development of the Rawalpindi Bahria Town has been undertaken in partnership with Malaysian consortia TAK and MAX Corp[2]
According to Pakistani news sources, Bahria Town has been associated with losses to investors resulting from delays to projects[3]. Bahria Town Chief Executive, Malik Riaz, has blamed these losses on government corruption[2] There have also been accusations that Bahria Town, along with other major developers, were involved in misrepresentation involving the Pakistani armed forces.[4]
On September 9 2004, two people were killed in a stampede at Bahria Town's Islamabad office when people coming from different parts of country were attempting to get membership forms for the town development.[5]
References
- ^ Template:Www.nation.com.pk/pakistan-news-newspaper-daily-english-online/print/Regional/26-May-2009/Judge-orders-outofcourt-settlement
- ^ a b Malik Riaz, Chief Executive of Bahria Town (April 14, 2005). "Housing boom a solution to Pakistan's problems". Speech given at the NAB conference in Islamabad. Daily Times. Retrieved May 24, 2009.
- ^ "Bahria Town Phase-9 Rawalpindi map". Apna Ghar. Overseas Pakistanis Net. 19 June 2008. Retrieved 2009-05-24.
- ^ Khan, Sher Baz (26 January 2007). "Report sought on builders using armed forces' name". Dawn the Internet Edition. Dawn Group of Newspapers. Retrieved 2009-05-24.
- ^ Financial Times. 2004-09-09.
{{cite news}}
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External links
33°33′N 73°07′E / 33.550°N 73.117°E