Bahria Town, Pakistan’s largest real estate developer, has announced a near-complete halt in operations across the country, citing what it calls intense and unprecedented pressure from government authorities.
In a shocking development, Bahria Town owner Malik Riaz has announced shutting down all Bahria Town activities across the country.#TheCurrent #MalikRiaz #Latest #News pic.twitter.com/ub9HF6s9wf
— The Current (@TheCurrentPK) August 5, 2025
In a series of posts on X (formerly Twitter), founder Malik Riaz revealed that staff members have been arrested, bank accounts frozen, and company vehicles seized—bringing essential services and salary payments to a standstill.
“Our cash flow has been completely crippled,” Riaz stated. “We can no longer provide routine services, nor pay salaries to our tens of thousands of employees.”
Current Impact:
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Over 50,000 employees affected nationwide
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Trillions of rupees in citizen investments frozen in Karachi, Lahore, and Islamabad
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Commercial projects worth hundreds of billions left incomplete
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Thousands of families facing uncertainty and severe psychological stress
Expressing regret over the difficulties faced by residents and stakeholders, Riaz highlighted Bahria Town’s two-decade-long contributions, including world-class housing projects, major job creation, and significant tax contributions to the national economy.
Calling for a constructive resolution, he assured:
“We are ready to engage in any arbitration process and will fully comply with its outcome. If a payment is required, we will make it—God willing.”