The Capital Development Authority (CDA) has shared an updated list of approved housing societies in Islamabad. The list was released in an effort to provide prospective property buyers with crucial information about the legal status of different housing projects in the city. Source reported on July 31.
The CDA follows a two-tier approval process for housing societies. First, it grants technical approval to the layout plan of the project. Then, after all necessary formalities have been completed, the CDA issues a No Objection Certificate (NOC). Once the NOC is obtained, the sponsors of the project can proceed with the development work and the sale of plots.
It is important to note that Zone-4 of Islamabad allows Agro-farming and residential housing schemes. However, the CDA only grants permissions for such schemes after all the required formalities have been completed.
The CDA has also taken a firm stance against the marketing and advertising of housing projects without the proper NOC. These practices are deemed illegal and unauthorized, and advertisers and marketing agencies are strictly prohibited from misleadingly promoting illegal housing schemes. Furthermore, the sponsors of such schemes have been directed to refrain from marketing and developing housing projects without the necessary NOC from the CDA.
List of Approved Housing Societies in Islamabad 2023
The publication of the updated list of approved housing projects is a welcome move by the CDA. It will help prospective property buyers to make informed decisions about where to invest their money. The list can be viewed on the CDA website.
Here are some additional tips for prospective property buyers:
- Always check the legal status of a housing society before investing.
- Do not be misled by advertisements for illegal housing schemes.
- Only purchase plots from sponsors who have the necessary NOC from the CDA.
- Be wary of high-pressure sales tactics.
- Do your research and consult with a qualified real estate agent before making any investment decisions.
By following these tips, you can help to protect yourself from the risks associated with illegal housing schemes.