Malik Riaz hussain

Malik riaz hussain is a Pakistani business man. He is a real estate tycoon, builder, developer, investor and philanthropist.  He was born on 8 feburary 1954. Malik Riaz hussain is a billionaire with the estimated net worth of 1.1 billion dollar which makes him the seventh richest person in Pakistan.

Malik riaz hussain was born in a rich family but latter his family was bankrupt and he has to start working at an early age. His father was a contractor who had serious losses in business. Malik Riaz than started as clerk and sometimes worked as a painter part time. He also worked as low level contractor for some time in 1980. Those were hard times for Malik Riaz and he often recalls them in his Tv interviews. He also tells the stories where he didn’t have money for his daughter’s treatment. Paving roads and painting walls.

 

The biggest turning point in malik riaz career was when Pakistan navy withdrew from a housing project in Rawalpindi and Bahria town was formed.  Since than malik Riaz has expanded his business many folds. News is circulating that Bahria town will also launch a housing project in Quetta, with the name Bahria town Quetta. Bahria town at the present has projects in different cities of Pakistan including Karachi, Lahore, Islamabad and murree. Bahria town was launched in 1996 with residential properties and commercial projects. In the early days of Bahria town it looked like a small project and people were not very confident in investing their savings in Bahria town. But latter on the project got traction it became as famous as DHA. Bahria town is now the biggest housing project in south asia.

Bahria Town

Bahria town

Bahria town Rawalpindi was first establish in 1999 and created the first gated community in the southern Rawalpindi on the great trunk road. The bahria town in 2000 was expanded in more nine phases and compounds. After the success of the bahria town Lahore, another gated community of bahria town was established in Lahore, southern Lahore. In 2013, another community was established in Islamabad. The under construction community of bahria town in Karachi is almost 44,000 acres. This one is the largest community of all other communities in the country. Over a million people can build their houses in this community. All the branches of bahria town have their own electricity.

Except gated towns, the bahria town branches also have jamia mosques, in the bahria town of Lahore the ‘grand jamia mosque’ which is the seventh largest in the world. The second largest is under construction in Karachi. The company owns and build many shopping malls. In which the mall of Lahore and the under construction mall in Islamabad. There also include cinemas like cine gold. Super market like green valley hyper market and skyscrapers. The ‘Bahria icon tower’ which is the tallest in Pakistan.

Bahria town usually contain houses for the upper middle and high income Pakistanis. All the communities of bahria town contain private security. Bahria town also contain private schooling system operate by the company. Private hospitals, hotels and commercial avenues.

Malik Riaz Husain is the founder of bahria town and he is the major real estate owner in Pakistan.

Bahria Town Rawalpindi

It was the first establishment of Bahria Town Company. This gated community has 100,000 people and have a series of projects. It is divided into small projects and phases. Bahria town project in Lahore and Rawalpindi running respectively with the production of 12 and 9 megawatts of their own, Bahria town also provide underground electric supply lines to its residents. There is no load shedding in bahria town.

Bahria Enclave Islamabad

It is the third establishment of Bahria Town Company. It launched in 2011 and, and it is located approximately 8km from chak shezad. The kuri road with access from Kashmir high

Way. The construction project of four lane road to kuri model village and kuri road and it is awarded to bahria town. The mall of Islamabad which is consist of 25 floors the largest mall of Islamabad.

Bahria Town Lahore

It is the third establishment of the bahria town company. This community is the gate way of grand jamia mosque which has the capacity of over 70,000 people.

 

Bahria town is working in different parts of Pakistan. It has many projects

Bahria homes

Safari villas

Safari apartments

Meadows

Safari valley

Executive lodges

Bahria university

Ace academy

Commercial areas

Bahria town dastar khwan and philtanthropic works.

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Balochistan Askari mall

BA mall is a new building project in Quetta city. A state of the art shopping mall project.  The construction work on this project is in its early stages but still everyone knows about its name and location, thanks to the good marketing team of the project. BA mall is located at baleli road, near Askari Park. The nearby places include Chaman housing scheme which is area of large bungalows and commercial area. Fc hospital is also near to this Mall. The BA mall is located on Airport road near the gate of Quetta cantonment. It is just a short distance away from the famous koyla phatack choke which is also having its new fly over. BA mall is at a good location which makes it easily accessible. There are many prominent names on board like ” YH associates” “BGA associates” “zaavia associates” “new green land services”

BA (Baluchistan askari mall) has many different investment opportunities. Ba mall consists of shopping mall, super store, hotel, banquet hall, restaurant, food court, clinics, offices, cinema hall, children play area, place for prayers (Masjid), open and covered car parking. The mall will be 3 floors with car parking in the basement.  Shops are the main attraction of the mall. Shops are of various sizes. Small and large shops are available which are the choice of the world famous brands and are high in demand. Shops are on easy installments with easy down payments method. Shops can also be purchased on cash payment.

BA mall is currently the top of the list standard property investment opportunity in Quetta. After the success of the Quetta millennium mall, Gold city mall, Mds store and now Jan mall. People are have more confidence in such luxurious properties in Quetta which was not that common ten years ago.

House for sale in chiltan housing scheme Quetta (click here for more details)

The project builders are new green land services who are working at full potential to make a major change in the shopping landscape of Quetta city. The construction work can be seen from the main airport road. A temporary boundary wall is set around the work site. Heavy machinery can be seen digging.

The mall has an area office which is located at the site of the mall. Brochure, pamphlets and other marketing matter is easily available. Information about the project is also available online on www.makanpoint.com

BA mall will be providing all the basic facilities of international standards. Ba mall will be giving high standard earth quick proof construction, firefighting systems, spacious car parking, speedy lifts, modern escalators, full time security, elegant design, centrally air-conditioned, huge lobby and spacious overall design.

Actually these are two buildings with the the name of Baluchistan Askari mall and Quetta Askari mall.

Baluchistan Askari mall is near the main gate of Quetta cant. the front is to the main road. The parking is not underground it is an open air parking. The parking space has capacity of up to 800 cars. The present site offices of the mall will also be included in the parking space.  There are three entrances to Ba mall. lower ground consist of a super market and shops. The ground floor also has shops. on first floor an area is designated for a hotel, banquet hall or marriage hall. The banquet hall has separate entrance by an elevator. The rest of the first floor is for the mall. on second floor there are conference rooms and dining rooms. children playing area, Prayer area and food court. and there is  area for clinics for doctors. On the third floor there are rooms which are for the hotel. mall shops and clinics all with separate entrances. Fourth floor consists of cinemas and food courts

QA mall or Quetta askari mall is right in front of Chaman housing and between Askari park. It is situated on the triangle shape plot which is also called Golden triangle plot.  Quetta askari mall has three entrances. Quetta askari mall has an underground parking in the basement. On the ground floor there is banquet or marriage hall and shops. It is centrally air conditioned with state of the art security system. on the second floor there are food courts and shops. there is also space available for lawyers chambers. Quetta askari Mall has front on three main roads around it.

 

Payments

Ba mall price per square feet

lower ground floor     20000

ground                        25000

1st floor                       20000

2nd foor                      15000

3rd floor                      12000

4th floor                      10000

 

Quetta askari mall Price per square feet

lower ground              20000

ground                        25000

1st floor                       20000

2nd floor                     13500

2nd floor food court  18000

25 percent advance payment. 75 percent will be paid in 20 months installments.

To see properties at airport road Please click here

Note: This article is written by makanpoint staff. for further information please contact Ba mall site office.

Gwadar property investment oppurtunities

Real estate investement in Gwadar.

Gwadar is city on located on the port at the south of Pakistan on Arabian sea. This is port is in the lime light of internation media of quiet some time. But most recently the idea of (Cpec) China Pakistan economic corridor gave it a new dimension. This port will be the central point of all the trade done in this region. the property in this area is booming as the development work on the route grows faster.

With all these development works in mind. Gda gwadar development authority has established gawadar master planned which can full fill all the basic need for decades to come. There are some major portions of this master plan.

Gwadar resident societies

Marine drive commercial

Open land

 

Gwadar residential

There are a whole lot of housing societies in gwadar but some of the significant ones are:

Sanghar

It is located on the tip of the map of the gwadar. It has 5 major phases. One phase is commercial. There are different sizes plots available in this housing society.

Residential plots are 2.2 to 7 million rupees and commercial 9 to 12 to million rupees for a kanal.

 

Golden palms

Golden palms has high end facilities. It is situated at the west of the city, near gwadar west bay. It is divided into 4 parts.

 

New town gwadar

Newtown is the project of GDA. New town also consists of four part. Investers usually invest in this part of gwadar. There are different sizes plots.

 

Marine drive commercial

Marine drive commercial has no residential plots. It is mainly commercial area with top of the list hotels, plazas, shopping malls and restaurants. The price is generally from 5 to 20 million rupees per plot.

 

Open land

Apart from development projects people are also investing money in open land in gwadar. As different area develops these land can be used for different purpose. Open land near the major development project can be more good of a investment opportunity.

This is just a little bit about investment opportunities in Gwadar.

Zarghoon housing scheme Quetta

Zarghoon housing scheme.

Zarghoon housing is a housing project developed by Quetta development authority. Its one of the biggest gated housing scheme in Quetta.  It is located at the northern side of Quetta city. Before the abadi of  sra ghurgai. at the back side of nawa killi. Located ahead sra khula. A housing colony with complete boundary wall and two main entrance at western and eastern side. The western gate connects to old nawa killi bazar road while the eastern Zarghoon extension gate Links to zaiarat bypass. It is connected by Nawa killi bypass, cantt hanna by pass and new road which will be from baleli to zarghoon housing scheme. Currently zarghoon housing scheme is the biggest stretch of land available for development in Quetta.

Call or click here: 0316 8001000 – 0812841000 – 0812842000

Zarghoon housing Quetta
Zarghoon housing western entrance Quetta

(coming soon: list of contents)

The total area for the development project is 252 acres. The land was allotted in 1992. Zarghoon housing has different plots for parks, schools and hospital. The size of the plot for the hospital is 22500 feet. The land located for making parks is 398000 square feet. A new police station is also built near the housing scheme.  80000 square feet land is chosen for schools. 27000 feet land for play grounds. 45000 feet land for the Masjid.

Commercial is very important for every major housing scheme. Zarghoon housing also has commercial area. 90000 feet land is available for making hotel. Different size commercial plots are the size of 4500 feet, 1800 feet and 2500 feet.

Zarghoon housing scheme
Zarghoon housing scheme
Zarghoon scheme model
Zarghoon scheme model

It is more than 250 acres in size. larger than university of Balochistan. One of the best planned housing society in the area. It has more plots than Jinnah town and Chiltan housing scheme . This will become something like chiltan housing scheme because it is designed by Quetta development authority. The width of the main road in zarghoon housing scheme is more than any other housing project in Quetta city.

 

Payment schedule and method for installments of plots in zarghoon. 

There are 20 installments for each plot. these are quarterly installments. every installment is paid after 3 months. below we will discuss the installments amounts for different sizes plots.

Installment amount for different sizes of plots. 

The earlier plots in zarghoon housing scheme were sold to people by 600 rupees per foot. so one way to find out total amount of installment is to multiply the total size of the plot with 600 rupees and than divide it by 20. 

For example 600 rupees multiply by 1800 feet (which is the size of the plot) is equal to 1080000 rupees. now divide 1080,000 rupees by 20 installments is equal to 54000 rupees. it means that each installment for 1800 feet plot is 54000 rupees.   

SizeInstallment PriceNo. of InstallmentsTotal
1202916020583200
2004860020972000
30072200201444000
40097200201944000
500121500202430000

Zarghoon housing scheme extension  (توسیع)

For more details about zarghoon housing extension click here

 

Zarghoon housing extension is near bypass gate. The main gate is visible from ziarat bypass. straight double road connects extension gate to bypass by wide road.  The grid station have security guards already.

 

Prices of Land files in Zarghoon housing scheme.

Prices fluctuated many times since the announcement of Zarghoon housing scheme Quetta. The profit that people demand on plot files went up and down so many times. no one knows the exact reason. a lot of poor people lost their money and investors gained huge profits. but than this is the nature of the plot files. The smaller plots are the  main interest of investors as they are cheap. In the beginning of 2016 when news of construction of electricity grid started circulating the prices started rising. In january 2016 the profit for 120 square yards plot was less than 6 lakh rupees which grew to up to 7.5 lak rupees in the next few months. After the announcement of new property taxes the prices started downturn in july 2016. In december 2016 12o square yards was trading for 4 lakh rupees. From 4 lakh to 8 lakh back to 4 kah rupees in 16 months. But now its recovering again and the average profit demand for 120 square yards plot file  is 5 lakh rupees.

In 2019 the price jumped to a record level. In January 2019  Zarghoon was a very valuable business commodity. But than the prices came down. Now the market is stable. its slow but continuous. This rise of prices marketed the project very well. People of Quetta realized that zarghoon has a new bypass. it is almost complete for living. it is said that many people has applied for map and site plans to construct house. 

Future dynamics of the Location

The water of mangi dam will enter Quetta through the mountains on the northern side of zarghoon housing scheme. Zarghoon housing may get its water supply from Mangi dam when the project is complete.

 

Park in zarghoon houisng scheme

Government building in zarghoon

This area has more open land available than any other location close to Quetta city. Which provides more options in planning more. One of the Problem of Quetta bazar area is the mountains in the east. It doesn’t allow to construct further towards the east in that area. Usually cities are designed from east to west so when the sun rises it is visible on either side of the main road. That’s what is present in zarghoon housing scheme. It is designed east to west.

The construction of houses is  allowed in zarghoon housing scheme . There is no sui gas yet.  But it will be provided because zarghoon housing is already in good shape. wapda housing society has also been provided sui gas. And now they are saying that they hit another big reserve somewhere in the ocean.  The grid station is in place and linked to supply poles from the bypass.

Zarghoon housing scheme is said to be the focal point in the future. When it is built it can compete Chiltan housing scheme in standards only much bigger and better planned. 2019 is the zarghoon year.

now is the best time for the controllers of the housing scheme to visit the place. To give more importance to zarghoon housing than other projects. because Zarghoon housing is almost complete. 

End.

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For further reading Click on the links below.

1. To see plot for sale in Quetta   (click here)

2. Jinnah town Quetta

3. For more pictures of Zarghoon housing scheme click here. 

4. Beautiful new bungalow for sale near Jinnah town click here for more details

5. Contact us for more details. 

6. To see plots Available at Zarghoon Housing Scheme Click Here

7. Zarghoon housing scheme plot file guidelines and samples. 

8. zarghoon video

9. zarghoon housing electricity supply grid station

03168001000 – 03003816134 – 0821841000 – 08218842000

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Advantages of Renting a House

There are many benefits of renting your property.

1. No Responsibility for Maintenance or Repairs

As a renter, you’re not responsible for home maintenance or repair costs. If a toilet backs up, a pipe bursts, or an appliance stops working, you don’t have to call an expensive repair person – you just have to call your landlord or superintendent.

2. Relocating Is Easier

When you rent, relocating for work is easier, less time-consuming, and potentially less costly. That’s why renters who change jobs often (or have steady jobs that require frequent relocation) typically rent until their professional lives stabilize. Though a sudden move may require you to break your rental lease, you can partially or fully offset the cost of doing so by subletting your apartment or negotiating with your landlord.

By contrast, selling a home takes time and effort. If you need to sell your house quickly, you may be forced to accept a lower price and potentially take a loss on your investment.

3. No Exposure to Real Estate Market

Home values fluctuate in response to changing economic conditions, and can decline over time. If you’re a renter, that’s not your problem – it’s your landlord’s.

4. Credit Requirements Generally Less Strict

Although most landlords require prospective renters to undergo a credit check, this is typically a zero-sum proposition. Your application is either approved or denied based on your credit score and credit history. As long as you don’t have a checkered credit report that includes bankruptcies and judgments, you’re likely to find a landlord willing to rent to you.

By contrast, mortgage lenders typically have high credit standards, with credit scores below 680 or 700 considered subprime in many cases. Even small changes to your credit score can significantly affect your mortgage rates, potentially adding thousands of dollars in interest over your loan term.

5. Some Utilities May Be Included

Many multi-unit building owners cover the cost of most or all utilities, including non-essentials such as cable television. The practice is less common, but definitely still possible, in smaller buildings like duplexes and single-family homes. By contrast, homeowners have to pay full utility costs, sometimes several hundred dollars per month, depending on dwelling size and usage.


Further rading:

Transfer of property

Zarghoon housing scheme

Click here to read article about commercial and office space rent property.

Click here to see house available for rent.

Advantages of Buying a House

custom luxury house


Unlike renters, homeowners build equity over time. On most mortgages, a portion of each monthly payment goes toward the loan’s interest. The remainder pays down its principal. (Your lender’s amortization schedule shows the exact proportions, which change over time, for each month’s payment.) Every dollar you put toward your loan’s principal represents a dollar of equity – actual ownership of the property. Once you reach 20% equity, or 80% LTV, you can tap that equity through a home equity loan or refinance your mortgage to secure a lower interest rate or longer repayment window.

You can also boost your home’s value, and thus lower your LTV, through judicious investments in home improvement. For instance, the home my wife and I recently purchased has only a rutted dirt driveway with a small shed at the end. Paving the driveway and building a proper detached garage in place of the shed would substantially increase the property’s functionality and curb appeal, potentially boosting its value by an amount greater than the project’s total cost.

2. Tax Benefits

Several tax benefits cater exclusively to homeowners, though not all homeowners qualify for all benefits. These are the most notable:

  • Homestead Exemption. Many states exempt owner-occupied homes (homesteads) from a portion of the property tax burden that would normally accrue. For instance, Louisiana exempts the first $75,000 of a home’s value from property tax assessments, so a $200,000 home in New Orleans is taxed as if it were worth $125,000.
  • Federal Tax Deductions. If you itemize your federal income taxes, you can deduct your property taxes and the interest paid on your mortgage, reducing your overall income tax burden (often substantially). This particularly benefits those in higher tax brackets.

These benefits aren’t available to renters.

3. Potential for Rental Income

Even if you don’t initially think of your home as an investment property, you can turn it into a source of income. This can partially or totally offset your mortgage, tax, and insurance payments on it.

The easiest way to do this is by renting out part or all of the property, provided you follow all local rental property laws. You might rent out a basement bedroom to a friend, live in one unit of a duplex and rent out the other to strangers, or purchase and move into a second home, leaving your entire property free to rent. You can also plunge into the sharing economy and take in short-term renters via Airbnb, VRBO, or another house-sharing platform.

4. More Creative Freedom

As a homeowner, your decorating, DIY project, and home improvement choices answer to no one, provided they don’t break local building codes or violate homeowners’ association rules. You can paint walls, add new bathroom fixtures, update your kitchen, finish your basement, or build a patio or deck to your heart’s content.

Radically changing your living environment to suit your whims is a fun, and even cathartic aspect of homeownership – and generally, it’s not available to renters.

5. Sense of Belonging and Community

Since homeowners tend to stay in their homes for longer than renters, they’re more likely to put down roots in their communities. This manifests in many ways. You might join a local neighborhood association, sponsor block parties or National Nights Out, volunteer at a nearby community center, join a school group, or align with a business improvement district. As a renter, you might not do any of those things, particularly if you know you may be moving in a year or two.


 

Samungli Road

Samungli road.

In this article we will look at some of the locations that connects to samungli road. These locations are explained below.

Samungli road is one of the main locations in Quetta city. The housing societies starts at zarghoon road. There are housing schemes as far as kuchlak.

Houses for sale near samungli road

House Required in Samungli Housing Scheme

Rent houses near samungli road Quetta

Properties available near Jinnah town

Properties for sale in the same areas

Plots for sale near samungli road

Shop For Rent at Samungli road

Shahbaz town samungli road

Park and food point at samungli road

Park and food point at samungli road Quetta

Samunngli road expansion.

There is a massive plan on the table to make new roads. the expansion of samungli road is one of them. Samungli road saw a massive development that took them almost four years. and it is still going on.  huge roof was built over the spill way to make roads. Those people who travel through samungli road knows the difference of the road.

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To rent your property to school, business or multinational company please click here

Beautiful new bungalow for sale near Jinnah town click here for more details

Benefits of owning a house.

Benefits of owning a house.

There are many benefits of owning a house. It is a social security. A very important financial stability. The price increases over time. It can be rented out. There is very low risk involve in investment in real estate compare to other investments like stocks or gold. Buying a house can be the most important decision one makes in a life time. And after overcoming this major decision other small things fall in place by itself.

Over the years property investment has developed such a trust that everyone whether on a large scale or small is investing in real estate. And buying a house is the best of real estate. Although in the past decade there were rise and fall in property prices but still those who invested in houses are the prosperous ones.

Buying a house is an investment that increases in value over time compare to other things we buy like a car. A car decreases in value with time while a house increases in value. A house is a real asset. The houses always appreciate in price.

Property prices increases year by year. Usually property prices double in ten years. Short term price fluctuations are normal but if a house is kept for a long period of time it becomes a major part of your fortune. Most of the people who made large fortunes mad their money in real estate. If we make a list of the world’s billionaires we will find out that real estate comes at number 3 by which they made their money.

Some people rent their house for a sum and make money every month. House can also be rented in parts or portions. If a house is rented for a long period of time it makes more money than for which it was originally bought. A house bought at good price usually earns equal amount of its price in 12 to 20 years.

A home can be a guarantee for a bank loan. Usually banks lend money to people who has some solid investment in real estate. A house has burrowing power. A loan taken for a house can help you make another house.

A house also has move up power. Usually people sell their house to buy a bigger house. If person adapts this practice for a longer period of time he can increase the size of his house with every new deal he makes. There are people who will tell you stories that how he bought his first house which was 1000 feet in size but with continuous exchange with bigger and bigger houses, now he lives in a 4000 feet house. This is a practice which requires good knowledge of the property market and buying and selling at the right time of the property cycle.

Some people buy houses on installments. There are many developers who are making new housing projects where one can buy a house or apartment on installments basis. They offer house for sale in Quetta on installments. By paying installments every month a person can become the owner of a house at certain time. It’s like to become owner of the part of your house every month.

Home owners does not move much. The cost of shifting from one house to another can be too much. It also creates a lot of inconvenience and also take a lot of time. Changing locations and societies can be a lot of trouble like finding new schools for kids each time. This problem occurs in house for rent situation. To check available houses for rent click here

People take pride in home owner ship. This is one of the main reason of investing in a new house. Home owners has all the options available. Where he can paint the house the way he want. Make new construction in the house make new rooms any time they want. Garden of their choice. Buying a house gives you so much power over your property. Home ownership gives you a lot of freedom. People say that after achieving this major goal of owning a home they became more prosperous. After buying home other small things came in place by itself. After buying a home owners of the house became more attached to the society. They also start working for the development of the society like their home. Overall a house is the best asset any one can have.

Also check these houses for sale in Quetta
House for sale in Quetta with 5 bedrooms

house for sale in Quetta at samungli road with 7 bedrooms