Bahria Orchard Rawalpindi: The Development Work Is Finally Picking Up Speed!
Bahria Orchard was launched at the end of 2015 and it was anticipated that the development work would complete soon, and the possession would be granted within two or three years. However, Arslan Ansari from Sitara Realty said, that now it’s expected that the project will be completed by the end of this year, if the development work continues to be that much speedy.
Bahria Orchard presents amazing opportunities to investors who are looking for the medium-term investment. The development work in the society is also picking up great speed. Here’s the latest update on the project!
Development in the area:
Chaudhary Mahmood Hassan (CEO of Al Rahman Associates and Builders) said, that the older plots have been almost developed and plotted, however, the newer plots are yet to be developed. The plots have been launched in multiple phases, so the development work in the project is still rough.
According to Hassan and Ansari, it’s expected that the possession will be granted to the residents by the end of this year. Ansari elucidated that at this time, the speed of development is quite positive and the project will be completed by the end of this year if everything goes according to the plan. Most of the work on the roads is done and the utility lines have been also laid.
The prices in the society were quite low before because of the slow development work, however, the prices have stabilized now. He also added that the prices are stable not only because of the fast development, but also because of the recent launch of plots in Rose Garden. This has grabbed the attention of many genuine investors and it’s expected that the Bahria Orchard will end up as a profitable investment for many.
The plots will be divided into three categories. Plots that are more developed and in a better location will start from few lacs, while others will be low-priced.
What kind of options do you have?
Bahria Orchard is an amazing investment opportunity and according to Hassan and Ansari, it is connected to DHA Phase 3, which is further connected to the Rawalpindi Ring Road. It is well-located and after the completion of Ring Road, the price will rise drastically.
After the availability of possession, it’s obvious that the prices will increase rapidly. There’s a chance that the prices of plots in good locations will rise to almost half a million. But this will take some time. So, if you’re looking for some good investment opportunity, then Bahria Orchard is a profitable option for you.
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