Illegal Housing Schemes in Islamabad – Updated 2024
Posted by Manahil Estate on | Wednesday, October 23rd, 2024 | Property News | 282 Views
Real Estate is deemed to be the most lucrative & capital-intensive sector of Pakistan. It is also considered be the easiest & most rewarding segment of the economy where you simply buy a piece of land or a built-up property, and its value increases over time due to external developments, increasing demand & inflation. Hence, it is the most lucrative sector in Pakistan where people tend to park their money instead of keeping money in the banks.
Apart from investments, there is huge genuine demand of real estate due to increasing population, lack of infrastructure in old towns and a large influx of population from villages to cities which has encouraged private builders & developers to launch their own housing projects over the past several years.
Due to lack of Government oversight, weak enforcement laws & intricate procedures, most of the private housing schemes in Pakistan fail to comply with legal requirements outlined by Government Authorities & end up being tagged as “Illegal Housing Scheme”, yet they continue with sales, marketing & development of their housing projects.
As we discuss about Islamabad, it is the capital city of Pakistan with better enforcement of laws, so we expect better enforcement of rules & regulations on real estate sector. However, if you look at the number of illegal housing schemes operating in Islamabad which are listed on CDA’s website, you will be totally baffled.
When a prospective buyer enters the market, they can be easily lured into buying property in an illegal housing society due to lack of information on the actual issue. An illegal society could be entirely a fake scheme, or being developed illegally on Government/Private Land or it may only lack few approvals.
Some illegal societies may be well developed with all basic facilities & sizeable population, while their plot prices could be significantly lower than “Approved Housing Schemes”, so a prospect might end up buying land in an “illegal scheme” rather than buying expensive property in an “approved scheme”. Thus, the lack of information about the actual issue helps dealers/sponsors misguide general public.
This subject regarding “Illegal Housing Schemes” requires an in-depth discussion on the risks of investing in illegal scheme and how a prospect can identify the issues and avoid being scammed by fake schemes, so we will discuss about that in a separate article.
Master Plan of Islamabad
Islamabad is the capital city of Pakistan, and the concerned body responsible for all development activities in the city is “Capital Development Authority (CDA)”. Islamabad is basically divided into 5 different zones, i.e. zone 1 to zone 5.
As you can see on the master plan above, different zones of Islamabad are defined which surround Rawalpindi. Zone 1 and Zone 2 consist of sectors which are arranged in alphanumeric order; zone 3 comprise Margalla hills, while zone 4 and 5 comprise semi-urban and rural areas of Islamabad.
Illegal Housing Schemes in Islamabad
There is a total of 184 officially declared illegal housing schemes across all zones of Islamabad. We will list down the names and locations of all illegal housing schemes under each respective zone so that you can easily find the names and make your investment decision accordingly.
CDA Zone 1
Following is the list of 24 illegal housing societies operating in CDA Zone 1, Islamabad:
Abdullah Town, H-17
Ahmad Town, D-14
Ammar Town, H-17
Awan Town, D-14
Buraq Valley, H-17
Capital Hills Residencia, D-14
Chinnar Town, H-17
Civic Center, H-17
Fazal-e-Rabbi, H-17
Green Valley Phase-II, E-15
Green Valley, D-14
Gulshan-e-Taleem, H-15
Jhangio Sayedain Homes, H-15
Karam Elahi Town, H-13
Margalla View Valley, D-14
Paradise Valley, D-14
Peral Orchard, H-17
Qamar Garden, H-15
Shehzad Town, E-15
Sher Zaman Garden, H-17
Shifa International Housing Society, H-17
Talha Farms, H-17
Tayyab Garden, H-15
Zammar Valley, H-17
CDA Zone 2
Following is the list of 7 illegal housing schemes in CDA Zone 2, Islamabad: