The Capital Development Authority (CDA) has taken a proactive approach to address the issue of illegal housing schemes in Islamabad. They have compiled and updated data on housing societies to provide essential information to potential property buyers.
Private housing schemes must undergo a two-tier approval process, starting with technical approval of the Layout Plan (LOP) and followed by the issuance of No Objection Certificates (NOC) after fulfilling all formalities.
The CDA emphasizes that marketing and advertising of housing projects without proper NOCs are illegal and unauthorized. They have strictly restrained advertisers and sponsors from misleading advertising practices.
The presence of illegal housing societies has raised concerns among various sections of society, as it poses significant risks to individuals looking to invest in real estate in Islamabad. By providing reliable and up-to-date data on approved housing schemes, the CDA aims to empower potential buyers with the necessary information to make informed decisions and safeguard their investments.
The CDA’s strong stance against illegal housing schemes demonstrates their commitment to maintaining the integrity of planned development in the federal capital. This step is crucial to ensure the growth of a transparent and regulated real estate market, protecting buyers from potential scams and fraudulent activities.
Overall, this initiative by the CDA is a positive step towards promoting a secure and lawful real estate sector in Islamabad, fostering trust and confidence among investors and buyers alike. By promoting transparency and accountability, the CDA aims to create a conducive environment for sustainable urban development and responsible real estate practices in the city.
By cracking down on illegal housing schemes and providing clear guidelines for approved projects, the CDA is signaling its commitment to creating a well-regulated and transparent real estate market in Islamabad. This move is likely to bolster investor confidence and attract more legitimate developers to the capital city’s property market.?