Pakistan’s top court accepted on Thursday Bahria Town’s offer to pay Rs460 billion to acquire 16,896 acres off Karachi’s Superhighway.
On May 4, 2018 the court ruled that the Malir Development Authority illegally granted the land to Bahria Town.
The Sindh government had allotted the land to the MDA to build a housing scheme. The MDA, however, exchanged the land with Bahria Town, the court said. Bahria Town was even barred from selling any plots or apartments in the housing scheme. The top court has been hearing a case on the implementation of its verdict.
Bahria Town has made several proposals to get the land transferred to it. The court had rejected all those offers.
This is a developing story.
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