How to Choose Best Housing Society in Pakistan? Super Tips & Scam Alert
Launching a housing scheme has become the most profitable business in specially in Pakistan. Lot of fake and bogus housing schemes have also been launched in different cities of Pakistan. Large number of innocent people have lost their saving by investing in such housing scheme.Today we shall guide you that how you can choose best & secure housing scheme in Pakistan for buying plot or house. Complete guidance in this regard has been given both in Urdu and English languages on this page. National accountability bureau has issued a clear cut guideline in this regard to guide the people who want to purchase a plot or house in a housing society or scheme.
1-First of all try to avoid buying plot or house in a new housing society or scheme. You may get more profit by buying a house or plot in a settled colony. Otherwise buy a plot in a housing scheme by a reputed company. See the past record of the builder or marketing company first as Star marketing was in fact VIP marketing few years before, but due to its bad repute it has changed its name just to deceive the people with a new name. I am too a victim of star marketing /VIP marketing and my case is in the court since 2000.
2-Then check that either the housing society is registered with SECP or Housing Society Cooperative Department. If the answer is no then avoid such schemes.
3-Check that either the concerned land has been transferred in the name of society or not? If the answer is no then again avid such societies.
4-Verify that the housing scheme/society has either got the approval as per the map from the local development authority (Like FDA/GDA/LDA/TMA) or not. Approval should be as per the map shown to you by housing scheme/society.
5-You must personally visit the housing scheme for viewing the stage of development in the society like roads, gas, electricity, roads and sewerage system.
6-Read the documents carefully before taking paying money for booking in any housing scheme.
7-In case of any fraud you may register your complaint in NAB. We have written a detailed article on how to file a complaint in NAB. Here is the link;
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