What's new

Billion Dollar Mega Structure in Bharia Town

Windjammer

ELITE MEMBER
Joined
Nov 9, 2009
Messages
41,293
Reaction score
181
Country
Pakistan
Location
United Kingdom
This is the billion dollar mega structure being built in Bharia Town Phase-8 Islamabad. It covers an area of 45 Kanals where as one Kanal is approximately 5500 square feet. It boasts six commercial and 10 residential floors. The open roof top will have a running track, swimming pools, cafes, restaurants and other leisure facilities. Ironically first to be sold out are all the commercial units in the basements. A friend who bought a unit on the ground floor two years earlier for some 2.5 Crore has more than doubled in value, although it's still some years away from completion. However a two bedroom Boulevard apartment will set you back cool £300000. Sterling.

IMG_20221101_105444.jpg

IMG_20221102_121742.jpg
 
is this


???
 
This is the billion dollar mega structure being built in Bharia Town Phase-8 Islamabad. It covers an area of 45 Kanals where as one Kanal is approximately 5500 square feet. It boasts six commercial and 10 residential floors. The open roof top will have a running track, swimming pools, cafes, restaurants and other leisure facilities. Ironically first to be sold out are all the commercial units in the basements. A friend who bought a unit on the ground floor two years earlier for some 2.5 Crore has more than doubled in value, although it's still some years away from completion. However a two bedroom Boulevard apartment will set you back cool £300000. Sterling.

View attachment 895056
View attachment 895057
waste of money, wish he build some steel mill or manufacturing unit to generate jobs.
 
This is the billion dollar mega structure being built in Bharia Town Phase-8 Islamabad. It covers an area of 45 Kanals where as one Kanal is approximately 5500 square feet. It boasts six commercial and 10 residential floors. The open roof top will have a running track, swimming pools, cafes, restaurants and other leisure facilities. Ironically first to be sold out are all the commercial units in the basements. A friend who bought a unit on the ground floor two years earlier for some 2.5 Crore has more than doubled in value, although it's still some years away from completion. However a two bedroom Boulevard apartment will set you back cool £300000. Sterling.

View attachment 895056
View attachment 895057
2.5 crore 2 years ago has doubled in value because the rupee has halved in price. Actual gains very little
 
waste of money, wish he build some steel mill or manufacturing unit to generate jobs.
The only thing I witnessed booming in Pakistan is the private sector.
The number of plazas, shopping malls, hotels and towers cropping up are mind boggling.
 
2.5 crore 2 years ago has doubled in value because the rupee has halved in price. Actual gains very little
That would apply if it involved say imports and exports. He took the chance in the opening stages... Now the development is established drawing much more interest.
So same size unit is costing well over 5 Crore.
 
That would apply if it involved say imports and exports. He took the chance in the opening stages... Now the development is established drawing much more interest.
So same size unit is costing well over 5 Crore.
Nope it also applies to Pakistan as the devaluation of the rupee means your spending power in pakistannis reduced because everything costs much more. Inflation
 
Common trope in Pakistani industry: plot qeemat doubled in last 5 years!
Yeah and what is the NPV increase in dollar terms?
 
Back
Top Bottom