Real estate tycoon Malik Riaz has said that Bahria Town could be forced to stop all operations across Pakistan due to serious financial and legal challenges. Speaking on Tuesday, he explained that the company is facing major hurdles, including frozen bank accounts and suspended services.
He added that these issues are putting heavy strain on the business. Employee salaries have been delayed, daily operations are struggling, and the overall situation is worsening rapidly. Malik Riaz warned that if matters do not improve soon, a complete shutdown might be unavoidable.
This warning comes as authorities prepare to auction several properties linked to Malik Riaz on August 7, 2025. The move is part of ongoing legal proceedings that have put additional pressure on the company.
Bahria Town, one of Pakistan’s largest property developers, has built numerous housing societies and commercial projects across the country. A closure could affect thousands of employees, contractors, and residents who rely on its projects for work, housing, and investment.
Analysts say that the crisis reflects wider challenges in the real estate sector, where legal disputes and financial constraints can impact even the biggest developers. While Malik Riaz has not provided a date for any possible closure, his statement has sparked concern among investors, customers, and the property market.
