Real Estate Regulatory Authority of Pakistan (RERAP) is the need of hour. Pakistan has enough resources and capabilities to form the RERAP before June 2016.
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Real Estate Regulatory Authority of Pakistan
1. Real Estate Regulatory Authority of Pakistan (RERAP)
China cutting is known to everybody in Pakistan. National Accountability
Bureau is investigating about fake housing schemes throughout the country.
Politicians like Imran Khan have been blaming each other about
accumulation of properties in Pakistan and abroad.
Computerization of land record is not enough. News items of land grabbing
can be viewed in leading Urdu newspapers. Every citizen must have a small
plot or house of 3 or 5 marla. Unfortunately there is no real estate
regulatory authority in the country. Daily 10 Minutes has been advocating
for restructuring of housing sector on demand of readers and people. We
appreciate free plots offered by Bahria Town in Karachi.
Experts of SECP, ICMAP and Federal Ministry of Housing & Works must join
hands to form Real Estate Regulatory Authority of Pakistan (RERAP). In
Islamabad, hopefully concerned authorities will form the RERAP before
fiscal budget 2016-2017 without suo moto action of Supreme Court of
Pakistan. First chairman of RERAP should be an honest graduate of Pakistan.
Daily 10 Minutes – 1st e-Newspaper of Pakistan