SC asks Bahria Town to revisit Rs435bn settlement offer - News Summed Up

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SC asks Bahria Town to revisit Rs435bn settlement offer


Bahria Town presented a total offer of Rs479.598 billion for three cases, including the Bahria Town Karachi Super Highway Project land, Takht Pari Forest land and the Sulkhtar and Manga land it has illegally taken over. During the hearing on Wednesday, Justice Saeed noted that the map presented by Prism Marketing, a private marketing company and an authorised dealer to sell plots on behalf of the Bahria Town, was different from that submitted by Bahria Town. He added that the area that Bahria Town had surrendered had also been included as a marketable area in Prism’s map. Barrister Zafar said that the area for which Bahria Town has been denied ownership, alternative allotment will be provided. On February 12, the SC had ordered NAB to go ahead with finalising references against the Bahria Town (Pvt) Ltd.After asking Bahria Town to revisit its latest offer, the hearing of the case was adjourned till March 13.


Source: Pakistan Today March 06, 2019 14:47 UTC



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