Property Verification & Real Estate Investment in Pakistan

Illegal Housing Societies & developments in Islamabad:

Reasons behind an alarming number of illegal developments:

• NOCs were provided without valid proof of land ownership.
• The NOCs are sometimes based on fake certificates.
• NOCs were obtained from CDA despite being outside from Islamabad territory
• Many investors are trapped in dubious claims of developers and invest millions in the property.
• Various developers have started selling commercial and residential plots with only a fraction of land approved by relevant bodies. There are housing schemes in Islamabad that have only two to three hundred square feet of land approved by the authorities, and they have already sold more than 1000 square feet of land.
• These practices have increased scams, and the sale of residential and commercial land has been increased alarmingly.
• Land administration has a weak audit system and lacks strict regulatory actions are also not helping in controlling the increasing illegal housing societies.
• The absence of transparency in accountability has encouraged growth in illegal housing societies in multiple metro cities.

Property Verification methods:

• To avoid illegal construction in the future real estate buyers must invest some of their time ensuring the legality of the land and go through attributes mentioned by the sellers.
• It is better to invest in well-established and reputed communities. It is better to avoid risk and invest in reliable societies.
• New buyers are often trapped with high-end marketing campaigns, and with a lack of knowledge and information, they often end up buying plots in illegal or unapproved housing societies.  
• As a first-time investor, if you do not know where to buy legal and approved property, visit reliable real estate websites like Reall.Pk for authentic listings of approved and legal properties.

Property Verification Centre Islamabad:

Ban on unapproved housing societies Advertisements:

• Now illegal housing societies are banned from any public marketing advertisements. If someone is caught promoting unapproved housing societies online will face the consequences.
• DC Islamabad office has gathered a database of housing societies in Islamabad and its surroundings. So if someone is found involved in any corruption or dealing in illegal real estate will have to face criminal proceedings.
• Deputy Commissioner Office has also started a legal procedure against 150 plus illegal housings societies. Moreover, several illegal plazas have been sealed.

Property Verification center – a key to increasing real estate safe investment in Pakistan:

Let’s wrap it up!