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, “Fake Property File Kesy Check
Karen ? | Verify Your Property Here by M ismail Advices” on the channel “PROPERTY
NAAMA”
The host tells that one of the ways to identify fake file is
that property would be available at a lower price than that of market value.
Don’t be greedy, or you would face bad experience. The second point is to check
the seller (dealer), who must be honest, who must be a proper group, who must
be strong, who must have a strong background, and who is a big company or
multi-national company. The third point is to work on a society, as to how much
files that society has sold and how much property is available. Fourth point is
that about 80% of projects in bigger cities have already gone through over-selling.
Over-selling means if there was 1000 kanal of area, the project has already
sold about 50000 plots. In this case, about 30% of people would get plots, but
about 70% of people would not get any plot. After many years, (suppose 10
years), when the client does not get plot, they would be refunded but with some
percentage, suppose 25%, less amount. So, society has already gained profit
from the money, and client has already gone through losses. Another point is to
find good consultants, who would advise you to go in the right direction. The
host also tells that every that file is fake, which would not be delivered
within 3 years.
Follow my Hashtag #behtareenkitalaash on Youtube: https://www.youtube.com/hashtag/behtareenkitalaash
Sources:
PROPERTY NAAMA - https://www.youtube.com/watch?v=B9qRf5ygZiM