Malik Riaz is one of the leading investors in Pakistan and real estate business tycoons in Asia who has announced that Bahria Town Peshawar will be stretched over 100,000 Kanal landscapes and it will be built in the shortest time period possible within 3 years while Bahria Town Karachi will be built in 4 years to come.
According to him, the construction work will keep going 24 hours and it would have over 200,000 apartments, plots, big and small houses for lower and middle-income groups. Malik Riaz added the development work of the town would start by the start of next year in an interview with Daily Jang. He also added that the company would use modern construction technology and machinery.
He added, “The Company is going to have the world-famous architects to render services. Its security standards and construction will be at par with residential standards in Qatar, Kuwait, and Dubai. Along with it, over 30% of quota is going to be fixed for Pakistan residents. In addition, Bahria Town Peshawar will have facilities like school, commercial mall, mosque, college, hospital, ultra-modern cinema hall, zoo, dispensaries, and theme park to be built just like its branches in Lahore and Karachi. It means the township will have everything available and residents won’t have to go outside.” He said that the residents will have round-the-clock availability of basic utilities like electricity, gas, and water.
The construction tycoon has fixed 70% of his income for public welfare projects and deserving residents. He added that spending on deserving people improves business opportunities. He also urged other businesses to spend at least half of their income on needy people. He added that he also spends some part of his income on charity.
Bahria Town Peshawar is going to be the well-developed city in Pakistan, according to Malik Riaz Hussain. He added, “Bahria Town Lahore, Karachi, and Rawalpindi were also made as per international standards with the blessings of Almighty Allah. The projects are being recognized by leading construction companies and expert architects from Australia and the US governments as well as global media.”