Bahria town has been a hot topic for all the investors and elites. Investing there is the new trend in real estate sector and rightly so because of the infrastructure development & town planning. Its rare to see such planned gated societies in a third world country like Pakistan. No wonder investors from with in Pakistan and overseas Pakistan are so excited in not only investing in Bahria town but planning to live there in near future. The introductory property rates were very low compared to a normal property in Karachi. People invested in apartments, plots and villas initially but later on the commercial aspect of the project kicked in with high level of returns.
Being an investor, one should see all aspects of the project, from location to Return of investment, we should keep everything in mind, one hassle that was very disturbing for me was payments of installments and maintenance services. There are few selected banks where we could deposits BTK payments/installments. Investors including me use to carry hard cash and go to bank’s branch which was not safe in Karachi considering the frequent snatching incidents. Recently they have introduced a digital payment system ‘Kuickpay’ for collecting BTK maintenance and utility payments. As a Bahria town Karachi resident, I now receive SMS every month for my Electricity, Water, Gas and maintenance bills every month and I have the option to pay from all digital banking platforms (Mobile Banking, Internet Banking, ATM) Gone are the days when I use to go to bank’s branch and waited in long queues, now I can just sit on my bed and pay all my bills from my mobile. I have Meezan, JS, Bank Islami, Easypaisa and SCB apps on my mobile. Paying multiple bills was never so fun earlier. I wish other gated societies can take inspiration from Bahria town Karachi and facilitate their customers when it comes to paying bills or installments. In the end schools with in the bahria town premises should also provide kuickpay school fee payment option #kuickpayKardo