Hi,
Three months ago, I booked a commercial plot in Mumtaz City scheme. Today, while browsing the net, I came across this report of daily times (03 March 2017) which quotes senator Talha Mehmood to state: ''the Mumtaz City and Top City housing societies fall under the jurisdiction of the third runway. It is better to cancel their NOCs so that they could not plunder the money of the people.'' I am quite concerned about this report. Can anyone please tell me if everything is ok with investment in Mumtaz City?
Best regards
Yeap CDA already marked TC, PECHS and MC land for cancellation. Better take care
Well actually that doesn't make sense,
Mumtaz City is at a minimum distance of 4.5 KMs areal' from the northern runway currently exist. If the Govt is willing to make a whole city full of airports and runways, then it will be possible.
Will leave it to the experts to comment, but common sense says, even if the airport has to expand and have vacant area around it and in funnel areas, block like E, F, H etc of Top city will have some impact and thats all.
The question these days would be, impact on Mumtaz City based on happenings in Top City.
Dear Owais, Brother do you know the location of new/ third runway as CAA has already start acquiring land? it will be on the other side of car parking area. That means runway will be close to MC and in the direction of TC and PECHS M Block.
Dear Faisal, As i said, my opinion is totally my personal opinion and based on latest imagery, and it is that the distance is very large from Mumtaz City, even if the expansion is on the other side of car parking.
So Gandhara city is also under threat? I personally think there may negative impact for next 2-3 weeks in Mumtaz city prices also but after settling the dust MC prices will take a handsome jump as now for the short term gain MC is the best option near new Airport.
But I pray for all Top city investors that these issues may resolve soon.
In short term it will affect all the societies around airport including MC and GC
MC is safe and secure from all rumors. No worries at all. Best possible investment near airport.
Regards
Khan bhai how much price will take dip in MC? I am almost in middle of a deal and paid 500,000 as token money. Kya token money ka Nuqsan acha ha ess waqt ya deal ker loun?
Dear L@l@,
According to Khan sab MC is totally safe so apna nuqsan mat karo.
Regards
@Lala
go ahead with deal. U r lucky.
Gud time to enter MC
Regards
Thank You Khan Bhai and Nadeem Bhai… My prayers with all the Top City investors. Ramadan is very near a very holy month pray for every one Insha Allah at the time of Eid, Eidi millay gi