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Supreme Court Rejected Bahria Town 250 Billion Offer – Bahria Town Karachi Case Latest Hearing Update

Supreme Court Rejected Bahria Town 250 Billion Offer – Bahria Town Karachi Case Latest Hearing Update

Bahria Town Karachi case is under procedure in Supreme Court & matter is in final stages to be resolved. So far Bahria Town is fully cooperating & ready to adjust the matter by giving the estimated amount. We keep updated our readers about every important development in case and have been informing you about all noteworthy hearings of Bahria Town Karachi case. Here is another update on Bahria Town Karachi case 15th Jan 2019 hearing that took place in Supreme Court.

Supreme Court Rejected Bahria Town 250 Billion Offer – Latest Hearing Update

On Tuesday 15th Jan 2019, Bahria Town Karachi case hearing took place in Supreme Court where an implementation bench was conducting the case. This hearing was regarding implementation on May 4th 2018 Verdict in which Supreme Court barred Bahria Town Karachi from selling any plot or constructed apartment declaring land swap between MDA & Bahria Town illegal.

Proceeding the 15th Jan Hearing on Bahria Town Karachi Case, a counsel on behalf of Bahria Town offered to deposit Rs. 200 billion to avoid legal proceedings against illegal acquisition of land for Bahria Town projects in Karachi, Islamabad & Murree.

Rejecting this offer, Justice Azmat Saeed reminded the counsel that a fine of Rs. 285 Billion had been charged to Bahria Town in 2004. If the fine money increased by 40 percent that would be around 300 billion. At this Bahria Town’s counsel increased the offer to 250 Billion but Justice Azmat Saeed reprimanded lawyer & said this is not an appropriate way to deal with the court.

Supreme Court Orders Bahria Town Karachi to Appear with Reasonable Offers

Justice Azmat Saeed reminded Bahria Town’s Counsel that three separate verdicts had been passed for Bahria Town Karachi, Islamabad & Muree so Bahria Town should appear with three separate & reasonable offers for its projects in Karachi, Islamabad & Muree. Counsel sought time of one week to file a reply & justice Saeed granted the plea and ordered Bahria Town to submit written offers for all the three cases.

We will keep our readers updated about the further hearings of Bahria Town Karachi’s case.

Keep visiting Jaidad Group for further real estate news and updates.

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