The Punjab government has recently introduced a significant reform in the property sector by banning oral land transfers to ensure transparency. This decision marks a major step towards improving land registration processes, reducing fraud, and protecting property buyers across the province. The ban affects all land transfers in Punjab, including sales, mortgages, exchanges, and gifts, requiring legally...
The real estate market in Faisalabad has long suffered from fake property file schemes, where unscrupulous sellers or agents used forged paperwork to dupe buyers. With increasing demand for housing and plots, especially in expanding housing societies, many investors found themselves victims of forged deals. To tackle this menace, the provincial government recently rolled out a sweeping reform: the Punjab...
Pakistan’s real estate sector is entering a new era of accountability and modernization. For decades, buyers have struggled with property fraud, unauthorized housing societies, and financial mismanagement. However, the government’s introduction of escrow accounts and QR-code verification systems for housing schemes in Pakistan is setting a new benchmark for transparency and trust. These digital and...
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