In a recently published advertisement by Fazaia Housing Scheme Karachi, it is clearly mentioned that Open Registration Certificates are going to be announced soon in order to facilitate the registered members of luxury and standard apartments in Fazaia Housing Scheme Karachi.
Open certificates are usually issued in order to facilitate sale/purchase in the project, since many people could not avail the opportunity, while many investors purchased these forms only to sell later at profit. After the forms are opened, trading will start across all major real estate markets in the country and prices can go up significantly depending on the number of genuine buyers and quantity of forms available in the market.
Dates are not announced as to when this process will start, however this announcement can be seen on their newspaper advertisement and it is also mentioned clearly on their official website.
If you have not already purchased membership form in this housing scheme, it is advised to go ahead and purchase a submitted registration form from a reliable source with an affidavit from the owner that he will open the form after the opening process officially starts.
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