As Malik Riaz’s legal troubles intensify, a pressing question looms: will Bahria Town’s property market collapse, or can the real estate giant survive and recover?
The answer is far from straightforward. Despite social media claims of prices plunging over 50% in some areas, Bahria Town rates have not crashed — though market activity is slow and likely to remain so until the situation becomes clearer.
What Triggered the Concern?
Investor confidence took a hit after the National Accountability Bureau (NAB) auctioned Bahria Town properties and Malik Riaz issued a stark warning about shutting down operations nationwide. He said the company’s cash flow had been “completely destroyed,” making it impossible to provide daily services or pay thousands of staff salaries.
Market Reactions
According to BBC Urdu, real estate insiders say government tensions with Riaz have already weakened buying and selling for months. If Bahria Town offices close, property transfers would halt entirely until a replacement system is set up. Some investors have already started selling off their holdings to exit.
Looking Ahead
Ongoing inquiries and legal cases continue to cloud Bahria Town’s future. While recovery is possible if court outcomes are favorable, uncertainty is likely to keep new investors away and push current ones toward selling. Whether Bahria Town can regain its dominance remains uncertain.
As things not going well for Bahria Town, NAB Intensifies Crackdown on Bahria Town Karachi
