ISLAMABAD: In a bid to counter fraudulent housing societies, the Islamabad Capital Territory (ICT) administration has imposed a two-month ban on the launch of housing societies in the capital.
The decision was highlighted by the district magistrate to curb illegal housing societies from scamming the general public and protect public peace.
As per the official notification, the authority has also prohibited published advertisements of any housing scheme, sale of plots, invitations applications to deposit membership fee or cost of plots.
Now, the owners will have to obtain a legal permit and from the office of the district magistrate after carrying out all codal formalities.
In addition, the ICT Administration has also prohibited various activities that include distribution of flyers and pamphlets, wall-chalking, pasting posters on walls and digging out stones through blasting for another two months.
For more news and blogs, visit Graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
