Post 6/30: What are plot files, and their value in comparison to possession plots?

(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, “What Is Plot File? | Plot File Kya Hoti Hai? | Team Makaanshop” on the channel “Makaanshop”

The host of the video tells that plot files are files for plots, which may not actually exist physically. These files are presented by dealers to buyers, so that buyers may get assured that they will eventually get a physical land. Plot files are usually of lower value as compared to actual plot value. After paying for plot files, location of the plot is told when dealers start giving physical plots and also the possession of the plot is allotted to buyers. So, in this way, plot files are different from plot possessions. Again, plot files are only in documents, without actual location, without plot number (street number), and in the whole society, a buyer does not know where his actual plot would or would not lie.

Plot files are usually issued by dealers in a society. These files are verified by serial number that can be found through websites of dealers. Usually, serial number is that same as that of the currency note (rupee) attached to the file. If the number of the currency note and file are same, the file can be considered original.

Sometimes some issues may arise in the case of selling plot files. For instance, a land may consist of 1000 Kanals, but dealers may have already sold files for 1500 Kanals for the same land. In this case, it is important to deal with dealers with authentic proof of dealership and with No Objection Certificates (NOCs). However, investment in plot files is not considered a safe investment as compared to plot possession.

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

Source:

Makaanshop - https://www.youtube.com/watch?v=W8A-y7fQWTE

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 

Post 4/30: How to find clients in real-estate business?

 

(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, “How to Make Clients in REAL ESTATE? | Urdu, Hindi رئیل اسٹیٹ میں کلائنٹ کیسے بنایا جائے؟” on the channel “Real Estate With ABJ.”

The host talks about how to make clients in real estate business. He motivates that everything is easy, if you THINK, it is easy.

First of all, market yourself. Talk about your real estate business, everywhere you go. You can use social media to market yourself. This social media usage can help in expanding your information and telling others about your business. Marketing can help in making your work a brand and grabbing clients.

Second point is to get and provide accurate and solid information. It can help in providing solid foundation in this business. For instance, information about documentation, about area (such as community in the area, environment, rainy weather or not, etc.). Many people may also talk with you and may judge you based on your information.

Third point is related to transfer office visit at least once a week, even if you have nothing to do there. For instance, you may go to membership counter, finance section, etc. You may also find some person, who may ask whether you are a real estate agent, and in this way, you may get a potential client. Helping people in the transfer office visit can help you in promoting your business.

Fourth point is to respect and treat equally every client, whether he is dealing with 5,000 rupees or with more than 500,000 rupees. You have to focus on number of transactions rather then focusing on only clients with huge investment opportunity. Sometimes, investors with low amount may help you in meeting with investors with high investment.

Fifth and most important point is to believe on ALLAH.

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

Source:

Real Estate with ABJ - https://www.youtube.com/watch?v=dbpmGC-ZbaU

Post 3/30: Real-estate business model may not be of such good value

(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, “Real estate situation in Pakistan | Pakistan future | Naeem Sikandar Podcast Clip” on the channel “Naeem Sikandar Clip.”

In other country, you put yourself in “lottery” where everyone puts money to get a huge amount of money, and one takes all that money. Here, it is “halalified” with the start of “files.”

The host is of opinion that when society’s money for productive work goes to real estate, obviously real estate’s value increases. However, money increases but productivity decreases. Moreover, real estate business can be considered a “bubble” that may burst any time.

The rent of a house is almost 1%. An example of a house in F-10, Islamabad has also been given. For instance, a house of about 1000 guz has a price ranging from 15 crore to 20 crore, and the owner of that house can get a rent in the range from 2.5 lac to 3 lac. This percentage is very less as compared to several other business models.

Another point that has been generated is that, it is psychi, that earning money on files is easy.

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

Source:

Naeem Sikandar Clip - https://www.youtube.com/watch?v=R-BXPq2t2FM

Post 2/30: Start a real estate business along with your daily work

 

(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, “How To Invest 15-20 Lac Rs in Real Estate Pakistan? How To Go From 20 Lac To 1 Crore In Pakistan?” on the channel “Property Vision TV.”

The host of the video suggests that it would be better to develop a separate real estate portfolio while doing your work on one side with which you would keep on moving your daily routines. The real estate portfolio could help in improving your business. Consider it as a challenge, as only challenges can help you in growing and moving or advancing to next stage.

The host also suggests that try to make an asset after every 3 to 4 years. In this way, you would be at a very good financial position after about 20 years. This could also help people in their older ages (such as after 50 or 60 years), as it would help in generating money from money, and the older person would not have to work to generate money.

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

Source:

PROPERTY VISION TV - https://www.youtube.com/watch?v=NLm7_qh_gaY

Post 1/30: Investment in Real-Estate in Pakistan can be Profitable, but at a cost

(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 am going to learn about real estate business in Pakistan. Obviously, I will start 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 started with a video, titled: How Much Profit You Will Get If You Invest In Real Estate Pakistan? How Much Profit In 3 Years?” on the channel “Property Vision TV.”

The host of the video says that investment in property (real estate) is good and it nearly doubles during the next two to three years. One of the reasons behind this increase is that no one (from outside) is appropriately investing in Pakistan. Due to this, the host tells that the rates of assets have increased. For instance, rates of cement have increased (nearly doubled) during the past few years (2 to 2.5 years) that is also one of the reasons for the increase in the rates of apartments. In the same way, labour (fees) has also increased as cost of everything has increased. Moreover, all types of machinery (that coming from outside of Pakistan) have become costly, and one reason is that of increased rate of electricity.

The host also tells that population is ever-increasing. Every year, 80,000,00 new (people) born. Many people are getting married. All they require, food to eat, clothes to cover their body, and houses to live. All these things are increasing in cost.

The host also tells that about 20% people in Pakistan are really rich people. They can purchase property.

The host is not sure about plots and files, but he considers apartments, shops, and offices in buildings, where work has constantly been done, important in terms of profit. This can be considered one of the most beneficial way of doubling your money in business.

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

Source:

PROPERTY VISION TV - https://www.youtube.com/watch?v=jdOTgMK3MGA

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