ISLAMABAD: The Capital Administration has set up a property verification center in the federal capital Islamabad to curb illegal real estate transactions.
People can check the legitimacy of this property verification center before investing in real estate projects.
It is pertinent to mention here that in the real estate sector on a daily basis Rs. 4 to 5 billion is caught in the whirlpool of uncertified and illegal real estate projects.
Addressing a media conference after the inauguration of PVC, DC Islamabad Hamza Shafqat said that there are many schemes which claim that they are located in Islamabad but they are not there. He said that fraud is also committed by many approved societies.
He said that the first property verification center has been set up in Pakistan and any person who wants to buy a plot in any housing society can check his information from here.