Attok: The management of Khybder City-Hasan Abdal has warned people on buying and selling of open files in the society without the due diligence via a publication shared in national dailies on February 4. The management advises buyers and sellers to contact the society office for verification and demarcation of the file.
Khyber City is located in Hasan Abdal, which is part of Attock District, at a 30-minute drive from Islamabad International Airport. The society’s proximity to many popular housing societies located in Islamabad’s Zone and the current cheap rates has attracted a lot of buyers and investors.
Read: LDA shares checklist for buyers to avoid real estate frauds
Our sources have revealed that some estate agents were found using malpractices to lure buyers and sold them files by giving false information on their location and status. Taking notice of the matter, the society management has requested buyers and sellers looking to open files on cash and/or instalments to verify certain details by visiting the society office. The advertisement has no details on the address of the society office; it has shared contact numbers instead:
- 0364-488-1818
- 0340-540-4734
- 0334-570-5692
As per our sources, a 5-marla plot is available on cash in a price range varying between PKR 500,000 to PKR 800,000. Those looking to purchase a 5-marla open file from buyers who have already paid some instalments, the profit (own) fall in the range of PKR 50,000 to PKR 100,000.
While the trading volume is seen higher for 5-marla plots and open files, the society also features plots and plot files in sizes of 10 marla and 1 kanal.