Real estate is one of the biggest businesses in the world that requires a large amount of capital but on the other hand, it also has a large amount of profit. Over the past few years, the business of building housing societies has become a trend across the country and many fraudsters have taken advantage of this trend to create illegal societies.
As you know, Rawalpindi is the fourth largest city in Pakistan and is also a hub for business and investors. There are hundreds of housing societies in Rawalpindi but very few of them are approved by Rawalpindi Development Authority (RDA). Some societies are under process and some have been declared illegal by the RDA.
Here a question comes to our mind that should the housing society be approved? So yes every housing society must have approval or NOC from the city authority because people prefer approved housing societies to build houses and investors also feel safe investing in approved schemes.