Investing in housing societies of Rawalpindi | Tips & Tricks
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: ...