Tuesday, September 10, 2024

Post 5/30: Fraud in real-estate business in Pakistan

(Source: Pixabay)

I thought of learning about different aspects of Pakistan, as I want to do something for it. Therefore, I started with some of the well-known indices or reports that would help me in gaining more information about Strength, Weakness, Opportunity, Threat (SWOT). These were 12 posts. You can search my posts related to Pakistan by typing: #UsmanZafarParacha_Pakistan

Now, I have been learning about real estate business in Pakistan. I have started from Youtube videos and hopefully during my learning Journey, I will get some more useful resources to move ahead in this learning and perhaps entering into the real estate business.

I have seen a video, titled, “This Is The Biggest Fraud In Real Estate Pakistan? Everyone Is With Them! Be Aware Of This Scam” on the channel “PROPERTY VISION TV”

The host of the video says that sometimes some people do some things, such as arranging large scale programs to ascertain people that they are genuinely involved in this business. So, ordinary people start investing money in real estate with these people, even though they are scam. In this regard, a huge responsibility sets on those governmental organizations who have to keep a check on these people who may do scam by spending money on advertisements on large scale. In this case, it is necessary for public to investigate before investing with these people. Do not blindly follow the points presented by any organizations. Try to avoid the “beautiful” offers presented by any person belonging to real estate business, or at least investigate them. In case of facing such frauds, there are some organizations that may help, such as Wafaqi Muhtasib. Go to these organizations, and hopefully they will help in getting back your money.

An interesting point, the host tells, is that Pakistan has about 25 crore people, and these scams or scamming organizations have already touched about 2000 or 4000 people, and would go for the remaining people in Pakistan. So, try to be aware of all these things.

Follow my Hashtag #behtareenkitalaash on Youtube: https://www.youtube.com/hashtag/behtareenkitalaash

Source:

PROPERTY VISION TV - https://www.youtube.com/watch?v=Aj1ZQcRM-Ug 

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