ISLAMABAD: Pakistan’s first ‘Property Verification Centre’ was launched in the federal capital in a revolutionary move.
The Islamabad Capital Territory Administration (ICTA) launched the project to ensure transparent real estate transactions. As per the details, the investors will invest in projects approved and declared legal by the authorities.
While addressing the media, DC Islamabad Mr. Hamza Shafqaat said, “The first-of-its-kind centre has been inaugurated to facilitate the residents of Islamabad by preventing them from investing in fraudulent and illegal projects.”
For inquiry, the purchaser must fill out a form, and the legal status of a property will be communicated within twenty-four hours. In addition, the online property verification portal will be launched by the end of next week; it was further added.
The authorities have announced strict action against all illegal societies and media outlets falsely advertising illicit projects in the capital city.
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