Housing Instalment Plan in Bahria Town, how does it work?
Buying a house or business in Bahria Town Karachi is the dream of many people in Karachi as Bahria town paints a picture of secure and prospering people. It is not out of the question that potential buyers will be looking to get their dream home or business on an instalment plan in Bahria Town, which is beneficial to both the buyer and seller.
So, what does a person who wants to buy a plot or apartment in Bahria town do, to get his hands on a property in instalments? Let us clear out one ambiguity: Bahria town does not offer instalments on ready-to-move businesses or houses but only on those houses/apartments that are under construction. How do you get your hands on an Instalment plan in Bahria Town? The first option is to approach independent builders working inside Bahria Town Karachi and ask their offices if they have an instalment plan on any properties and if you like something you see you can start the paperwork. In Karachi buying real estate is a risky business because of rampant scams, fake plans, and unleased properties, well you don’t have to worry about that when it comes to Bahria Town as everything is vetted and approved by the concerned authorities. So do not worry and feel free to investigate on your own if that makes you feel comfortable.
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Another way is to approach Bahria Town offices themselves, currently, Bahria Town is offering instalment plans on their economical project Bahria Greens where they are offering instalment plans on houses/plots of 75 sq yards. Other than Bahria Greens, Bahria Town isn’t offering any instalment plans. Once you get your hands on an instalment plan, this is how it’s going to work. You will approach the offices of Bahria Town or any Independent builders and fill out an application to avail the instalment plan, then you will be asked to make a down payment and the other amount with some profit for the seller will be divided into monthly payments for a certain period, the down payments are usually 25-30% of the total value of the property. You will be given possession but the ownership of the property will only be passed on to you once the last instalment is paid.
In conclusion, Bahria Town does not offer instalment plans on Ready-to-move houses but only on the under-construction property. It may sound difficult to get an instalment plan but it can be done as there are other options.
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