Islamabad, Jan 21: When considering property investments in Rawalpindi, it’s crucial to ensure that you are dealing with a legally approved housing scheme. The Rawalpindi Development Authority (RDA) has recently flagged several projects, such as Park View City Phase-II, as part of an Illegal Housing Scheme Rawalpindi, due to non-compliance with local regulations.
This scheme was found engaging in unauthorized marketing and plot bookings without necessary RDA approvals, violating the Punjab Development of Cities Act 1976 and the Punjab Development Authorities Private Housing Scheme Rules-2021.
Kinza Murtaza, the Director General of RDA, emphasized the critical need for adherence to these laws. She pointed out that any Illegal Housing Scheme Rawalpindi undermines the structured urban planning efforts and may lead to severe consequences for both developers and buyers. All housing projects within Rawalpindi must secure prior approvals for marketing, development, and bookings to avoid being classified as an Illegal Housing Scheme Rawalpindi.
The consequences of investing in an illegal scheme are not just financial but can also involve legal complications.
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The RDA has taken stringent measures against unauthorized developments, including the initiation of legal actions such as filing FIRs against the proprietors of these schemes. Such actions are a clear signal to both developers and investors about the importance of compliance with legal standards.
For potential homeowners and investors, it’s essential to conduct thorough due diligence and ensure that any housing scheme in Rawalpindi has obtained all necessary approvals from the RDA.
This not only secures your investment but also contributes to the orderly and lawful development of the city, promoting a safer and more structured urban environment. Always verify the legality of a housing scheme before proceeding with any investment to safeguard your interests and support the growth of legally compliant urban developments in Rawalpindi.