Fatima Town Islamabad

Introduction to Fatima Town Islamabad

Fatima Town Islamabad has been in the headlines for quite some time, and not in a good way. Many issues have surrounded this housing development, including widely publicized litigation brought in court by the project’s investors. Let us go over the specifics of this residential housing concept so you can learn more about it.

Fatima Town Islamabad Location

Fatima Town Islamabad is yet another housing society located near the new Benazir International Airport and is barely 6 kilometers from the highway at the backside of ICHS Town at mouza Bangu near dhamial in Tehsil Fateh Jhang near Islamabad. This housing society is located in the same zone as Capital Smart City, Al-Haram City, and Blue World City.

Fatima Town Islamabad Project Details

Fatima Town Islamabad is a project managed by A.G. B Pakistan and built by Al-Baraka Contractor. Fatima Town occupies 32 Kanals of land in Mouza Bangu.

It has been 10-12 years since the plot was introduced, and officials have sold hundreds of plots since then. The same plot number has been registered to ten investors, and this swindle is not being taken lightly. The owners of this housing society are considered crooks and face numerous fraudulent charges.

A number of petitions and warnings have been launched against this housing scheme, yet investors have yet to receive a penny back, making this housing project the most untrustworthy.

The housing developers and third parties affiliated with the housing scheme have officially and openly disassociated themselves from this project and refuse to accept responsibility.

Development in Fatima Town Islamabad

Due to the project’s uncertain status, there has been no progress at all, despite the fact that a significant period of time has passed since its inception.

Fatima Town Islamabad Payment Plan

In the Fatima town housing development phase 2, various sizes of plots are available in residential blocks on a very inexpensive installment plan as well as cash payment. The payment schedule for each size of a residential plot is shown below.

• 5 Marla
• 10 Marla
• 20 Marla

How to Detect and Act Against Real Estate Fraud

In the event that your assets and finances are jeopardized, it is critical that you contact the proper authorities.

During the search for any property, it is critical that you do not lose sight of everything concerning this situation: housing options, location, prices, or the legal situation of the property, as you may be exposed to real estate fraud if you do not.

Future buyers should not reduce their guard in the legal sector and should be appropriately instructed, as this will decide the viability of the acquisition as well as avoiding probable fraud.

“It is critical to ensure that the property is properly regulated.” Not necessarily lien-free, but having the documentation in order, having planning authorization, a ballot for water, gas, and electricity, or possessing deeds.

There are various elements that require special consideration. One of them is the property deeds, where you must ensure that it is in the name of the person/company selling it and that it matches the formal identification that is supplied at the time of signing the property documents.

Another consideration is the property’s existence, which is important because many times a property is not for sale and is advertised on some Internet site, or a nonexistent land is sold. All properties are registered, and you can check with the Registry of Property in these circumstances.

“The registry assigns a folio to each registered property that has proof of its entire history, as well as who is the current owner.” With a folio, you can conduct a search to better understand your situation; it is critical to know if the property being offered exists.”

Types of Real Estate Frauds

There are three forms of fraud that are commonly done, and Fatima Town Islamabad is no exception.

• The first step is to ask for quantities to separate the property. This sort of fraud involves soliciting upfront payments from the buyer without providing any guarantees about the property.
  Either by a regular person or a ghost realtor who asks money without displaying the property to the interested party, referencing it in phantom offices, delivering the property, and then departing with the required amount.
• A duplicate sale occurs when the owner sells the property offered twice or more; this is the second most common sort of fraud.
  In this situation, the individual who made the first purchase may be the owner, while the ones who made subsequent purchases are duped. Despite the fact that a contract is signed in front of a notary, it does not send a preventative purchase and sale notification, and when another person verifies the registration and there is no purchase request, the property can be sold many times.
• It is fairly usual to come across adverts for housing opportunities on the Internet. However, these homes are not for sale, and the buyer is not the true owner of the property, thus he requests advance payments from the person interested in purchasing the property. This is the third sort of scam, so the broker management advised taking precautions to avoid falling victim to it.
  To avoid this, it is recommended to request the property title from the seller, conduct a survey in the area to confirm that the person actually lives there and that the property is for sale, and avoid providing documents containing personal information that the scammer can use to force the sale.

How to Avoid Being Scammed in Pakistan?

This housing scheme still has investors chasing the project’s owners and developers for payment or allotment/registration of their plots, but officials have been silent thus far. You are extremely cautious when investing in any property in Pakistan and conduct extensive research before putting your hard-earned money into a location. Here are a few pointers to help you avoid being duped.

Always authenticate the information about the property you want to invest in from all the relevant housing authorities and be sure to check all the permissions specifically NOC of the housing venture and its planning permissions. If you are sending payment from abroad avoid sending money through Western Union or MoneyGram. In case of selling never accept cashier cheques from outside your county. Avoid scams by not paying in cash but cross cheque or bank draft so you have a proof of transaction. Keep the record of every transaction that you make. Always make the cheque in the name of the company you are booking property from.

Why to Invest in Fatima Town Islamabad

• Fatima Town is located in Islamabad, Pakistan’s capital city, which is noted for its stability and powerful real estate industry. The strategic location of the town ensures close proximity to essential locations such as government institutions, business districts, and educational facilities.
• Potential for expansion: Islamabad has seen constant urban expansion and infrastructure improvements. Fatima Town, for example, is anticipated to see greater demand for housing and commercial buildings as the city grows.
• Capital Appreciation: Property values in Islamabad have steadily increased throughout the years. Investing in Fatima Town has the potential to improve the value of your home over time, allowing you to profit when you decide to sell.
• Rental Income: If you buy property in Fatima Town, you can make money by renting it out to people or businesses. Rental properties are frequently in high demand in Islamabad, particularly in well-located districts.
• Security and Amenities: Islamabad is well-known for its safety and high standard of living. As part of this metropolis, Fatima Town enjoys the same degree of protection and access to services such as schools, hospitals, shopping complexes, and parks.
• Fatima Town has a variety of property kinds, including residential plots, residences, and commercial spaces. This variety allows investors to select the type of investment that best suits their needs.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley,  New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City,  Silver City Islamabad, The Life Residencia,  Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005