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Showing posts from December, 2019

Top 10 Housing Societies in Rawalpindi & Islamabad | Best Societies.

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Top 10 Housing Societies in Rawalpindi & Islamabad | Best Societies. Recently Zameen.com organized a property event in Dubai in which leading realtors of Pakistan took part. The main theme of the expo was to promote the real estate projects of multiple builders and developers across the world. And, in the context of that, we have come up with a list that contains the major market players of the Real estate in Pakistan. And, for the ex-pats, we have also written a forecast for 2020 about the real estate sector in Pakistan read it here. Real Estate Forecast . Coming back to the list of top 10 housing schemes in Rawalpindi and Pakistan. Here is the 10th nominee of the list. 10. Faisal Town. Faisal Town Faisal Town is right across the Islamabad's F-18 sector which is approved by the regulatory authorities and it is locally getting a round of applause because of the infrastructure of this society is near to its completion and have lesser rates than any other service ...

Investing in housing societies of Rawalpindi | Tips & Tricks

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What to consider before investing in the housing societies of Rawalpindi? 1)      Introduction to RDA (Rawalpindi Development Authority): RDA (Rawalpindi Development Authority) was established in May of 1989. It was established as an autonomous body replacing the Rawalpindi Improvement Trust (RIT), under Punjab Development of Cities Act, 1976. RDA territory involves the Rawal town and 64 Revenue estates of Potohar town . In the total area is 311 square km . RDA controls all of the housing societies and issues the NOC to all of them when the applicant fulfills all of the requirements mentioned in Punjab Housing Schemes and Land sub-division RULE 2010. So, RDA is the one who assures that which Real Estate Societies in Rawalpindi are trust-worthy to invest in OR which societies shouldn’t be in your investing list. 2)      Legalized housing societies of Rawalpindi by RDA: ...

Naya Pakistan Housing Program NPHP | Road to Relief or to Financial Crisis?

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Naya Pakistan Housing Program is a project of the Government of Pakistan to help the poor and homeless population of Pakistan who is either living in a rental house or living in a miserable environment. The vision reflects the sympathy of the Government of Pakistan and especially Prime Minister Imran Khan for the underprivileged sector of my country. For the common readers , there are a few terms which I am going to use in the article and requires definition are:                  I.           Mortgage: “ A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the borrower receives cash upfront then makes payments over a set time span until he pays back the lender in full. A mortgage is often referred to as...