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Date Posted: 10:32:24 09/11/05 Sun
Author: Imran
Subject: Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS
In reply to: javed 's message, "Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS" on 20:32:57 04/13/05 Wed

>You are living in US/Canada and are asking for a
>residential plot in MTA! I am sure your enquiry is
>about Malir Development Authority (MDA) Karachi and
>not about Multan Development Authority (MDA).
>
>My confusion is because people living in Canada or US
>are hardly known ever been settling back in areas
>likeMalir Landhi etc. I do appreciate motherland
>sentisments and mental attachment to the parental
>place of residence or places where one spends his
>childhood nevertheless it is also a fact in today’s
>life materialism has too affected the society. Where
>becoming a little rich one immediately shifts to
>better localities there my confusion that a Cana/USA
>return would not like to re-settle in poor areas like
>Malir Landhi etc should not be any strange.
>
>However coming to the point, Malir Development
>Authority (MDA) has no new housing scheme. The fact is
>since its establishment MDA has not been successful in
>this field. Its main new housing scheme came under
>dispute as the army claimed some portion of its new
>scheme belonged to it. The Sindh Ombudsman ordered
>that allottees should be refunded their monies. There
>was also an allegation that consultants were paid
>heavily pre-handed. Hence in this area you can buy a
>plot or house from any private party.
>
>The best is if you take a plot or house in the
>Cantonment area which is adjoining to Model Colony
>(Malir). As our cantonments are, this is a very
>clean, envoirnamently fine, law and order very fine
>area and a real peaceful area.
>
>Alternatively you can select buying a similar plot in
>growing Hawksbay Area either form any private party or
>from Lyrai Development Authority (LDA).
>
>People having money like residents of US/Canada are
>madly purchasing in Defence Housing society area where
>prices of plots have gone to sky. These are not the
>real prices but manipulated by land mafia and are one
>day definitely to come down drastically. At the
>moment it is good buying plots in such area only for
>those who purchase today, sell it tomorrow on premium
>and day after tomorrow buy a new one to keep this
>circle. In this there is enough money but people like
>you who are settled abroad and can not purchase sell
>and repurchase daily it is I think risky.
>
>If you decide to buy a house or plot from a third
>party, be careful first to ascertain in writing that
>property is free of any incumbersomes. Be careful. Do
>not trust any one namely any agent, your family verbal
>advice that seller needs money hence he is selling
>cheap. No first check in writing if seller is
>genuine, he has not made any other agreement for sell
>to anyone else etc etc.

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