Real Estate is a booming industry in Pakistan but many illegal projects are being advertised in the metropolitan city of Karachi. Currently many projects in Sector 40 (Scheme 33) were declared illegal by Mukhtiarkar Malir & National Accountability Bureau (NAB).
The projects which were declared illegal include many famous housing projects by renowned real estate developers, some projects are many years old project which are nearing completion. These projects include:
- Golf Residency Fatima by Ghani Developers & Builders (Pvt) Ltd
- Metro Polis by Polani Builders – Motiwala Builders – Roomi Builders
- Ibrahim Heaven by South Construction Company Pvt. Ltd.
- Saima Jinnah Icon by Saima Builders
- Sidra Twin Towers Ghani Builders & Developer
Pictures are circulating on WhatsApp group and other social media networks in which two men are holding a banner with a message declaring that these projects are illegal and are under investigation by NAB.
The message also warns citizens from purchasing property in these projects.