CategoriesInformative Investment Real Estate

The Rawalpindi Development Authority (RDA) is taking a firm stance against illegal housing societies operating within the city. They have recently filed First Information Reports (FIRs) against five unauthorized schemes and are actively taking steps to curb their operations.

Why the Crackdown?

These illegal housing societies pose a significant threat to potential investors and the overall development of Rawalpindi. They operate without obtaining the necessary No Objection Certificates (NOCs), raising concerns about:

  • Lack of proper infrastructure and amenities: Unauthorized societies often lack basic necessities like proper roads, drainage systems, and utilities, jeopardizing the quality of life for residents.
  • Financial risks: Investing in unapproved projects comes with significant financial risks as these societies might not have legal ownership of the land or the resources to complete the promised development.
  • Misleading information: Some society owners and developers resort to false advertising and claims about obtaining NOCs, further misleading potential buyers.

The Names and Action Taken:

The RDA has named the following five unauthorized housing societies:

  • Khan Builders at Mouza Chahan
  • Heaven Dave at Mouza Misriot
  • Al-Imran Homes at Mouza Sihal on Chakri Road
  • Cargo Village at Mouza Katarian near the new Islamabad International Airport
  • Theme Park View at Mouza Sukho on Chontra to Chak Beli Khan Link road Rawalpindi

RDA officials issued notices to these societies before registering FIRs. Additionally, they have initiated legal action against their advertising and marketing activities.

RDA’s Message to the Public and Sponsors:

  • Public: The RDA strongly advises against investing in any housing scheme that does not possess a valid NOC. Before investing, always verify the project’s NOC status with the RDA.
  • Sponsors: Promoting or advertising unauthorized housing schemes is illegal. RDA urges all sponsors to seek proper NOCs before engaging in any marketing activities.

Collaboration for a Safer Real Estate Market:

The RDA has actively sought cooperation from various authorities, including the State Bank of Pakistan, NAB Rawalpindi, FIA Cyber Crime, and media houses, to scrutinize the financial activities and advertising methods of these illegal societies. This collaborative effort aims to comprehensively address the issue and create a safer real estate market for all stakeholders.

By taking these steps, the RDA aims to protect potential investors from falling prey to fraudulent activities and ensure the orderly development of Rawalpindi. Residents and investors are encouraged to remain vigilant and report any suspicious housing schemes to the RDA authorities.

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