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 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 town dastar khwan and philtanthropic works.