Buying property is a major decision. Whether it’s for investment or living, you must do your real estate due diligence. In Pakistan, land disputes and fraud are common. So, being informed helps you stay safe and confident. Here’s a simple guide to everything you need to check before sealing the deal.
Why Real Estate Due Diligence Matters
Firstly, due diligence helps you avoid scams. Secondly, it ensures you’re investing in a legal and safe property. Lastly, it saves you from future legal or financial troubles.
Real Estate Due Diligence Checklist
Before making any payment, go through this essential real estate due diligence checklist:
- Verify ownership documents
- Check society’s legal status
- Confirm NOC and approvals
- Review land use type (residential, commercial, etc.)
- Investigate past disputes or encroachments
- Ensure plot location and size on the site map
- Calculate total cost (hidden charges, taxes, etc.)
Things to Check Before Buying Property in Pakistan
There are a few specific things to check before buying property in Pakistan, such as:
- Seller’s identity: Is the seller the rightful owner?
- Registry and Fard: Does the land have a clean title?
- Tax records: Has the seller paid all property taxes?
- Land zoning: Is the land approved for the purpose you’re buying?
Even if the offer looks good, never skip these checks.
Legal Checks Before Buying Land
Legal checks are crucial. Here’s what to look into:
- NOC from development authority (e.g., RDA, LDA, CDA)
- Court status: Is the land involved in a case?
- Mutation record (Inteqal): Has the property changed hands legally?
These steps help you avoid fake listings and real estate fraud in Pakistan.
Property Verification Steps in Pakistan
You can verify property documents through:
- Land Record Authority websites (Punjab, Sindh, KPK)
- NADRA verification for CNIC and thumbprint
- Municipal or cantonment board if the land lies under their area
- Visit the society office to verify allotment
Moreover, always get a physical copy of the documents.
Society Approval in Real Estate Pakistan
Many societies advertise aggressively, but not all are approved. So, ask for:
- NOC number and issuing authority
- Master plan approved by the government
- Utility connections approval (water, gas, electricity)
This ensures you’re investing in a legally recognized project.
Real Estate Fraud Prevention in Pakistan
To avoid real estate fraud in Pakistan, follow these tips:
- Don’t rely only on social media ads
- Never pay in cash without a receipt
- Don’t skip legal opinion
- Avoid middlemen without proper credentials
- Always visit the site before payment
By following these, you protect your money and peace of mind.
Why Lakeshore is the Smart Choice
Located amidst majestic mountains and a serene dam view, Lakeshore City offers a peaceful lifestyle. With an affordable payment plan, buyers can secure:
- Lakeshore Residencia
- Commercial plots
- Lakeshore Farms
There’s no down payment, and no confirmation charges. Plus, you can book a 5 Marla plot in just PKR 25,000, which also counts as your first installment. The plan offers easy 60-month installments, making it ideal for both families and investors.
Conclusion
Buying land is exciting but requires careful steps. Do your real estate due diligence before making any commitment. Verify all documents, confirm legal status, and protect yourself from fraud. A little research now saves a lot of stress later.
FAQs
1. What documents should I check before buying a plot?
Ownership title, NOC, registry, and tax records.
2. How can I verify if a society is approved?
Ask for the NOC number and check with local authorities.
3. What is mutation in property?
It’s the legal transfer of ownership in land records.
4. Can I check property details online in Pakistan?
Yes, through official Land Record Authority websites.
5. Is it safe to pay in cash for property?
No. Always use traceable methods with proper receipts.
6. Do I need a lawyer when buying land?
Yes. A legal opinion ensures the deal is risk-free.
