Chairman. Malik Riaz Hussain
Bahria Town (Pvt.) Ltd.
Ownership Private
Type of Institution . Real estate sector
Established .1996 Headquarters
Rawalpindi Pakistan
Bahria Town is one of the largest real-estate developers in Pakistan And biggest housing society of Asia. Bahria Town has projects in Lahore, Rawalpindi, and Islamabad and is planning to develop projects in Murree and Karachi.[1]Ownership Private
Type of Institution . Real estate sector
Established .1996 Headquarters
Rawalpindi Pakistan
Malik Riaz Hussain, the force behind Bahria Town, started in the 1980s as a small-time contractor. As competitors targeted the rich, he built for the emerging middle class, becoming one of Pakistan's richest developers[2].
Critics say Riaz's Bahria Town empire has been fueled by close ties to the military. Ayesha Siddiqa, a civilian military analyst and author of "Military Inc: Inside Pakistan Military Economy,"[3] alleges that those links have allowed him to acquire land, in some cases returning a percentage to senior officers as developed plots.[4]
Bahria Town is also alleged to be associated with losses to investors resulting from delays to the projects.