Citi Housing Kharian is a new housing society located on the GT Road, just 20 kilometers from Kharian City. The project is being developed by the Citi Group of Companies, a well-known real estate developer in Pakistan.
The legal status of Citi Housing Kharian has been a matter of debate in recent months. The project has not yet received a No Objection Certificate (NOC) from the Tehsil Municipal Administration (TMA) Kharian, which is the government agency responsible for regulating housing development in Kharian.
Is Citi Housing Kharian Illegal?
Without an NOC, Citi Housing Kharian is technically illegal. However, the LPA approval is a positive sign that the project is moving in the right direction. It is important to note that the LPA approval does not guarantee that the project will eventually receive the NOC. However, it does increase the chances that the project will be legalized.
What Are the Legal Risks of Investing in Citi Housing Kharian?
There are a number of legal risks associated with investing in an illegal housing project. For example, if the project is not completed, investors may lose their money. Additionally, if the project is later declared illegal, investors may be forced to vacate their plots.
How to be on safe side When Investing in Citi Housing Kharian
If you are considering investing in Citi Housing Kharian, there are a few things you can do to protect yourself from the legal risks involved.
- Do your research: Before you invest, make sure you do your research and understand the legal status of the project. You should also check the reputation of the developer and the location of the project.
- Get everything in writing: Make sure you get everything in writing, including the terms of the purchase agreement and the conditions under which the developer is required to obtain the NOC.
- Consult with a lawyer: If you are still unsure about the legal status of Citi Housing Kharian, you should consult with a lawyer to discuss the risks involved.
Conclusion
The legal status of Citi Housing Kharian is still a matter of debate. However, there are a number of legal risks associated with investing in an illegal housing project. Therefore, it is important to do your research and consult with a lawyer before investing in any housing project, regardless of whether or not it has an NOC.
To learn more about the legal status of Citi Housing Kharian, please consult with a lawyer or visit the project website.
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