Decision to boost business of real estate, builders, related industries

March 22,2019

ISLAMABAD: A large number of overseas Pakistanis and their families are elated following the SC’s decision to accept the Bahria Town’s offer to pay Rs 450 billion. Thousands of...

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ISLAMABAD: A large number of overseas Pakistanis and their families are elated following the SC’s decision to accept the Bahria Town’s offer to pay Rs 450 billion. Thousands of Pakistanis, both those living here and abroad, have sent congratulatory messages to the Bahria Town Chairman Malik Riaz Hussain over resolution of the issue. Large number of real estate agents, builders and those involved in the property business along with the allottees from Rawalpindi, Lahore and Karachi, who were relaxed after the SC order saved their investment, also congratulated the Bahria Town chairman. The Supreme Court’s order has also revived the hopes of the industries allied with the country’s construction business. It has rekindled hopes of lakhs of families.

Malik Riaz has never been arrogant and disdainful and never hid his humble origins of being a small time cantonment board contractor. Once he had to sell his household stuff for daughter’s treatment at the Holy Family Hospital. He is a leading philanthroper who has spent billions in charity, free treatment and food to look after countless orphans, widows and the elderly. Malik cites from the Holy Quran that the Lord Almighty gives 70 fold to those helping the downtrodden. But, Malik says in his case, thankfully, the Lord Almighty has been so magnanimous that He gives him 700 fold to his little contributions. He says he started the charity work when he had very modest means but have continued doing that eversince. “Whatever I spent to help is not mine, it is the Lord’s blessing,” Malik believes.

Malik Riaz first started Bahria Town, Rawalpindi, providing lakhs of people with the most modern European standards of living. This followed enormously successful Bahria Town projects in Lahore and Karachi leading to tremendous investments.

In Karachi, the Bahria Town is busy is finalising the third largest mosque in the world after Khana-e-Ka’aba and Masjid-e-Nabvi ( SAW) at the cost of billions of rupees. Similarly, the Bahria Grand Mosque at Lahore is an architectural marvel that can house faithful in number larger to the Faisal Mosque, Islamabad and Badshahi Masjid, Lahore combined. These mosques exhibit the most distinctive and exclusive architectural designs showcasing the Muslim world’s glorious artistic impressions. All of them are fully air-conditioned. The Bahria Town fully bears the expenses for Iftar and Taraweeh during Ramadan.

Those living in the Bahria projects across the country are supplied with in-house water treatment facility. Their houses are equipped with state-of-the-art safety and security systems. Dedicated fire brigade units are available round the clock at the Rawalpindi, Lahore and Karachi projects and also remain available to fight fires anywhere in these cities free of cost.

On Thursday, Malik Riaz especially offered thanks to his clients, investors and well-wishers at the conclusion of the Supreme Court case.

Malik Riaz is the only real estate tycoon from the Sub-continent who was given multiple awards, for developing state-of-the-art residential estates, in Malaysian international festival. On the occasion, he received prominent coverage by international print and electronic media outlets for introducing the most modern and unique construction design. Prestigious international magazines and journals published widely covered Bahria Town projects highlighting Malik Riaz Hussain. The high quality and state-of-the-art construction of the Bahria Town projects in Karachi, Lahore and Rawapindi is acclaimed across Europe, the Middle East, Asia and the Far East. The massively tree lined road network in the projects are among the most beautiful and modern by any global standards. These projects sport the most modern American and European standard academic facilities and hospitals. Top most transplant surgeons from the UAE, KSA, Europe and American hospitals regularly perform successful heart, liver and kidney procedures.

The Bahria Town’s ACE Education Academy boasts the best academic standards of the world. The hospitals at the Bahria Towns across Pakistan provide free treatment to the deserving. Over two lakh deserving people also avail free of cost and decently served food from spread over Tharparkar, Karachi, Lahore, Multan, Faisalabad, Peshawar, Rawalpindi and Islamabad by Bahria Town. Even those being treated at the major hospitals are freely provided food. The Bahria Town has over 25,000 staff and employees who are given free lunch and extensive medical facilities.

Industrialists, builders, developers and allottees of Bahria Town across the country have welcomed the verdict of the Supreme Court of Pakistan about Malik Riaz Hussain and said it will prove a milestone in the national development. Now the cement factories are preparing for increased production, while brick kiln owners are also happy over the development. The workers associated with business of tiles, furniture, woodwork, sanitary, electricity wiring and suppliers of construction material are extremely happy over Thursday’s decision of the apex court.

The verdict was also appreciated by the Edhi Trust and Pakistani and Indian sailors freed by Malik Riaz Hussain by paying Rs100 million compensation to the pirates in Africa. Due to this noble gesture of Malik Riaz Hussain, the kidnapped sailors from Pakistan and India were freed by the pirates after several years of captivity and reunited with their families.

The Bahria Town in Rawalpindi, Lahore and Karachi are ideal housing schemes in every respect. The country’s largest 36-hole golf course has been established in Bahria Town, Karachi. The American grass is extensively used at the golf course like a green carpet. Travelling through the roads of Bahria Town, Karachi, and seeing the street lights there, one imagines as if he is travelling in Europe. Every project of Bahria Town has amusement parks for children with all facilities. The musical dancing fountain in Bahria Town, Karachi, presents an attractive look.

The power supply remains available round the clock in all the housing schemes of Bahria Town and there is no loadshedding even for a second. Bahria Town buys power in bulk from the transmission companies and supplies to its grid stations. There is a proper system of disposal of sewage. Before the current crisis, plots in every single scheme of Bahria Town were sold like hot cakes. Thousands of people invest in Bahria Town schemes and then sell the files of their plots at double the cost within a few weeks of purchasing them.

Same is the story of multi-storey buildings and farmhouses of Bahria Town. Every facility of Bahria Town is unique. The world renowned buildings like Eifel Tower, pyramids of Egypt, Roman Pillars and other masterpieces have also been built at Bahria Town. There are separate zoos in Bahria Towns in Lahore, Karachi and Rawalpindi with rare species of animals and birds kept in a clean and healthy environment.

Malik Riaz Hussain has surprised the builders all around the world by developing a new Lahore in Lahore, a new Karachi in Karachi and a new Rawalpindi in Pindi by building state-of-the-art cities there. Malik Riaz Hussain never compromises on quality of his plots, flats, plazas or multi-storeyed buildings. He uses high-quality construction material.

The Supreme Court’s decision will give boost to the business of real estate, builders and developers. The people who have bought residences in Bahria Town are now planning to shift there.

Although, Malik Riaz Hussain has no political affiliation, but leaders from different political parties often visit his residence in Islamabad. He maintains good ties with politicians and officials from different departments. He is also known for his humanitarian initiatives. He has set up various charitable trusts to help the people in need. Malik Riaz Hussain has termed the Supreme Court verdict a blessing for millions of people who will have business and jobs opportunities now in different projects of Bahria Town.


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