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SECP Warns Against Investing in “Real Estate Segregation” Programs

Friday, the Securities and Exchange Commission of Pakistan (SECP) issued a public warning in Islamabad that certain firms will invest in fraudulent investment schemes marketed on their internet platforms.

Read: All You Need to Know About 5G Networks in Pakistan

According to published sources, the Commission has issued a warning after discovering that some publicly traded companies are using their websites and online platforms to sell real estate assets to people. This is prohibited. The SECP has not allowed these businesses to participate in these activities under the sandbox regulatory system of the Commission.

Furthermore, Article 87 (2) of the Securities Act of 2015 states that a person may not sell securities to the general public without SECP approval. According to the authorities, the alleged company has already been prosecuted for engaging in an illegal transaction.

Read: Nova City to Hold Commercial Balloting in December 2022

In addition, SECP issued a public warning statement. It is in the public’s greatest interest to prevent them from investing their hard-earned money in illegal systems.

For further details visit Al Sadat Marketing

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti 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 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad 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.

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Syed Sadat Hussain Shah

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