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What is the file in the real estate business?

An area where balloting has not been done yet and there is no construction process is going on while no one has the possession and construction can be started anytime soon

How to verify either society is legal or not?

One must have to check the credibility of the society he/she is going to invest in as it is approved by SECP (Security and Exchange Commission of Pakistan) and is it approved by the respective authority like LDA/ GDA/ CDA/ FDA/ MDA etc.

For Booking: 0092 21 35372020

What is meant by balloting in Real Estate?

The balloting in Real Estate is meant by the process of allotting plot numbers to the people who have done the booking process.

What is considered to be the best location of the plot in Real Estate?

The best location of the plot is considered to be the corner plot, the plot facing the main boulevard, facing an amenity like park or school and whatever one can buy according to the budget he/she has.

The difference between short term and long term investment:

There are two types of investments considered in the Real Estate business, one is short-term and the other one is long-term.

Short-term investment is the one which is going to give you the profit in near future like in 1, 2 years and talking about the long term investment it that kind of investment will give you the required profit in 3years or more. It depends on the completion of the project by the builders and some other factors like the flow of the residents to that project.

Which laws generally deal with Pakistani real estate?

There are many laws dealing with Pakistani real estate including The Transfer of Property Act, 1882, Land Revenue Act, 1967, Stamp Act, 1899 and Registration Act, 1908. A lawyer can better guide you on all the laws relating to real estate in Pakistan.


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