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Jinnah Avenue Commercial Bahria Town Karachi Commercial

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Bahria Town Karachi Jinnah Avenue Commercial Plots

 Introduction

Bahria Town Karachi (BTK) launched a world-class and most lucrative commercial project. This project is on Jinnah Avenue, a 400 ft. wide main boulevard on Super Highway. Jinnah Avenue Commercial (JAC) project is amongst one of the major attractions of Bahria Town Karachi (BTK). This project was designed after Sheikh Zaid Road Dubai. No doubt, Bahria Town is the founder of state-of-the-art residential and commercial projects in Pakistan. BTK is also a valuable asset of our beloved country. These projects include Ahram-e-Misr, Golf City, State-of-the Art historic Monuments, World’s Largest Masjids, planned residential communities, and also mega commercial projects in the whole country

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Location of JAC

These commercial plots are located on both sides of lane 18, a 400 feet wide Jinnah Avenue. After the launch, you can build your commercial projects on these plots as these plots are ready for possession. According to the master plan of Bahria Town Karachi, Jinnah Avenue is the important expressway that leads from the entrance of the society up to the end of society. Main expressway also gives access to different residential blocks and commercial blocks via internal link roads and avenues

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JAC as a Commercial Hub

Jinnah Avenue Commercial strip, in Bahria Town Karachi, starts from the entrance area and ends close to the International Theme Park. It is estimated that about 10 lacs (1 Million) residents will live in Bahria Town Karachi. These Bahrians will be the target audience for any business set up in this main commercial hub. Therefore, the inherent worth of commercial plots here is higher than all other commercial project within the BTK. No doubt, this is the worthy opportunity for businessmen/ investors to buy a commercial plot at this lucrative location and earn multi profit in the future

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Important Features of (JAC) Jinnah Avenue Commercial

JAC has lot of additional features for the smart investors and businessmen. Some of the important features are given below:

  • Prime location (On the entrance of BTK)
  • Ready for Possession (All Commercial Plots)
  • Direct access from Super Highway
  • Also Planned M-9 (Lahore to Karachi Motorway)
  • On 20 minutes’ drive from QA International Airport Karachi
  • Reserved wide and vast car parking
  • Service roads for all commercial plazas
  • At easy approach for more than 10 lacs future residents of BTK

BTK has already launched Midway Commercial. This Midway Commercial is at the central location of the BTK where possessions were handed over to the buyers in a short period of only 1 year right after the launch. In spite of these features, Midway Commercial can’t compete with the location of Jinnah Avenue Commercial (JAC). There are no confirmed details about plot prices, plot sizes, payment plan, etc available so for. However registration forms comes out for Jinnah Avenue Commercial (JAC) that indicates commercial plots will be allotted after balloting. Registration forms meant another game was about to begin. It seems that actual project may take long time to launch. Investors had the opportunity to earn from buying and selling the forms

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Booking Details of Jinnnah Avenue Commercial

Booking of (JAC) Jinnnah Avenue Commercial plots started till 12th June 2015. There were very limited numbers of commercial plots of 500 Sq.Yards in Jinnah Avenue Commercial.

  • These plots were planned to be given away after balloting.
  • People could obtain booking forms from Bahria Town Offices.
  • They were to submit booking forms along with Down Payment.
  • Down payment was 2.25 Crore Rupees in Favor of BTK
  • Registration forms would be submitted along with the booking form.

Plot Size and Price in JAC

It was said that Bahria Town Karachi Jinnah Avenue Commercial (BTKJAC) plots would be expensive and quite large. Supposed size of these plots would be 500 Sq. Yards (about 1 Kanal). Its price would be (140 millions) or 14 crore rupees. Down payment amount of JAC plot would be 2 crore and 25 lacs (22.5 millions) rupees that was required to be submitted on booking. It was also supposed that its installment would be up to 4 or 5 years because payable amount to very huge

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Advanced Registrations of JAC

Dealers started selling forms in advanced as bookings for about 50 thousand rupees per form. The price decreased to even less than 15000 rupees afterwards. This is just the gimmickry of dealers who know how to decrease or increase the price of plot in any sector

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Designated Bank Branches for JAC

Few UBL branches in Bahria Town were designated where registration forms could be obtained and submitted. If someone was looking to register himself for this project, he would visit either Bahria Town’s Office in BTK or visit UBL branches in Islamabad, Rawalpindi or Lahore. Image of Jinnah Avenue Commercial (JAC) Registration Form: Bahria Town often claimed that registration forms of JAC were sold out in no time. That might be true as BTK is a big brand name. Another reason is that registration forms were mostly given to specific dealers who had been booking the plots in advance at high prices. Only a little quantity of forms was available at UBL banks. It is also said that these forms sold in black market at very higher price

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Discouraging Factor for Investors

On the other hand, expected price of this project is a major factor of discouragement for investors. Many people changed their mind after they knew that they shall have to pay 30 million rupees as down payment. This was not possible for 90% of even potential buyers. So many people thought it useless to get membership after paying 1 lac Pakistani rupees. Processing fee was 10,000 rupees (non-refundable) In fact, this wasn’t a successful strategy because response was not as it was expected, that is why prices of forms decreased badly. We will update with latest information as soon as further details are available about this project (Bahria Town Karachi Jinnah Avenue Commercial)

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