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Date Posted: 10:36:25 09/11/05 Sun
Author: Umar Jawaid
Subject: Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS
In reply to: Imran 's message, "Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS" on 10:32:24 09/11/05 Sun

>>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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Replies:

  • Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS -- Alii imran, 10:38:03 09/11/05 Sun
  • Re: MEHRAN TOWN HOUSING SCHEME KARACHI FOR OVERSEAS PAKISTANIS -- sohail, 09:22:26 12/31/05 Sat
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