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Bahria Town (Pvt) Limited

Malik Riaz & Ali Riaz acquitted in land scam reference

RAWALPINDI – An Accountability Court (AC) Saturday dropped corruption reference against former Chief Executive (CE) of Bahria Town, Malik Riaz Hussain, and his son Ahmed Ali Riaz in a 1401 kanals of land fraud case.Judge Chaudhry Abdul Haq discharged the property tycoon Malik Riaz Hussain and his son Ahmed Ali Riaz in land fraud case[…]

Bahria Town Mega Project at Bundal & Buddo Island Port Qasim

Bahria Town Mega Project at Bundal & Buddo Island Port Qasim About Bundal and Buddo Island Bundal Island (Urdu: جزیرہ بندل‎) (also known as Bundaar) is a small island located in the Arabian Sea off the coast of Karachi, Sindh, Pakistan. Bundal, pronounced Bhandar by local fishermen, is a twin island of Buddo and lies to its West. On Bundal Island the tomb of Muslim sufi Yusuf Shah[…]

TIP wants SECP to probe counter charges campaign

ISLAMABAD: Transparency International has asked the Securities Exchange Commission of Pakistan (SECP) to take action against Bahria Town Lahore on account of misguiding the general public regarding its Sectors E, D and F in Lahore as pointed out by the Lahore Development Authority (LDA). However Bahria Town Lahore negates all the charges saying that Bahria[…]

Bahria Town Schemes are illegal, TMA Iqbal Town Notice

Town Municipal Administration (TMA) Iqbal Town Lahore issued warning for General Public against Bahria Town Lahore Sector D, E and F. TMA announced that these Bahria Town Lahore D, E and F Sectors are illegal and not approved by TMA. Although request for approval for Sector D, E and F were submitted by Bahria Town[…]

Bahria Town signs $45 bn accord with Abu Dhabi Group

ABU DHABI: Former chairman and present consultant of Bahria Town, Malik Riaz Hussain, has signed an agreement with Sheikh Nahyan bin Mubarak Al Nahyan, the Chairman Abu-Dhabi Group, Union National Bank and United Bank Limited on Friday, says a press release. Under the agreement, $45 billion will be invested in Pakistan for various construction projects.[…]

Bahria Town riding facility

ISLAMABAD – Inauguration ceremony of Bahria Town riding club was held at Bahria Paradise, Bahria Town on Wednesday. Malik Riaz Hussain, Chairman Bahria Town was the chief guest at the occasion, says a press release. Bahria Town Riding Club is a state of the art club offering world class riding facilities, exclusively to the distinguished[…]

Bahria Town mosques open

LAHORE (PR) – Ahmed Ali Riaz Malik, Chief Executive Bahria Town inaugurated Sector E and D mosques in Bahria Town Lahore on Thursday. Prayers for the success and prosperity of site and the country were held on the occasion. Bri (r) Ahad Executive Director Bahria Town Lahore, Shahid M Qureshi, advisor to the Chief Executive[…]

Bahria Town gets recognition beyond borders

Islamabad—Bahria Town, Asia’s largest private real estate developer, has been making waves recently not only within the territories of its home country but the efforts are also being realized globally. International media like CNN, Newsweek, LA Times & Euro Asia Industry have all recognized Bahria Town’s achievement. Over a decade, since its inception, Bahria Town[…]

TI asks FBR to provide tax details of Malik Riaz Rs 225b

The Transparency International (TI) has sought details from the Federal Board of Revenue (FBR) about whether Rs 225 billion internationally declared by Malik Riaz of Bahria Town were included in tax returns of fiscal year 2009–10 and what amount was of due taxes was collected. A letter addressed to FBR Chairman Salman Siddique by TI[…]

Bahria Town land scam: LHC stays NAB move to take over the case

RAWALPINDI: The Lahore High Court (LHC) on Monday suspended National Accountability Bureau (NAB) orders seeking possession of the land scam record from Anti-Corruption Establishment (ACE) Rawalpindi. A two-member bench of the LHC shunned the orders of the NAB chairman issued on December 12, in which he had asked Rawalpindi ACE director and deputy director to[…]

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