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Real Estate Trends discussions and advice. Participate in ongoing dicussions and get invaluable Real Estate Trends advice from people who are experts in their industries or start a new Real Estate Trends discussion.
The Man
( 11 posts )

[42 Replies]
Please share your views about fatima town and AGP pakistan.

They say Fatima time phase 1 booked, while booking in Phase II started.

Any one have plot in Fatima town, please share your views.

Also experts please suggest is it good for long term investment?

    1438 days ago In Real Estate Trends
    Post Answer
    The Man
    (11 posts)
    Any body here, please reply the above.



    I really need views about Fatima town and AGP Pakistan.



    They say they have many projects like Gulf City, Taxila scheme 111, Alam City, Fatima Town, Photohar Town, Wah Enclave etc.



    I want to know members views about this company and their projects. Specailly about Fatima town phase I and phase II.



    Regards.
      1437 days ago 

      Hayat
      (900 posts)
      Not good decision to invest here

      Better stay away.
        1437 days ago 

        The Man
        (11 posts)
        Thanx Nasir bhai for ur reply.



        Please can u give some reason for your 'Stay away' call. Means if the Scheme is illegal or no development work there or some other issue?



        Bit detailed reply would be really help full.
          1437 days ago 

          Shakoor
          (82 posts)
          I know owner of a plot in its Ph 2.

          Did'nt see much sale / purchase activity there and you'll find hard to sell it.

          However, If you want to make house here in this area then it is a different story in long term.
            1437 days ago 

            The Man
            (11 posts)
            Dear Adnan bhai







            I want to buy it for 4-6 years for investment purpose, just wanted to know if this is a safe investment? and the group AGP Pakistan is trust-able?



            Im too looking to buy a plot in Fatima town phase 2.







            There prices are very very reasonable and installment is quite cheap. (details can be checked from the link in my first post)
              1437 days ago 

              Hayat
              (900 posts)
              Every thing told you is fraud and please stay away from such projects. No future in relative term. I mean other projects may give good return than this. These people trying to sell through lucky draw. Site is near fateh jang if any and making fool with publicity.
                1436 days ago 

                The Man
                (11 posts)
                Nasir bhai thanx for ur input.



                They told me that:



                * Fatima phase 1 is sold out n it have NOC from CDA.

                * While they applied for NOC for Fatima phase 2.

                * And it is 6km away from new Airport.

                * Also they told that AGP Pakistan is owned by Haji Gulzar Ahmed Awan.

                * And all land of Fatima is owned by Haji Gulzar.





                Based on these details from them, I bought one 5 marla plot there on installments, its total cost is RS 3 lakh without development charges. I was looking to buy more but thought to get some expert advise from here.



                hmmmm, After ur reply im really worried now about what to do.



                Suggestions n more input from those having info pls!!!!!
                  1436 days ago 

                  Hayat
                  (900 posts)
                  Please check www.cda.gov.pk and see legal housing societies list.



                  6 km from airport means it situated in Fatah jang thesil as airport is also outside Islamabad boundary. How cda can issue noc for things not in their jurisdictions. Simple fooling on issue of NOC. Price seems not so high and if they developed it in given time frame than seems ok, atleast it return Ur investment. Some thing fishy hidden in later development charges as they will observe market and may apply as much as they like

                  I.e minimum equivalent to cost of land. These are few pros/consequences in my mind. They offered 50% discount on plot booking to our friend, if named in lucky draw (kanal 10 lac) travelling on motorway and visited their stall at kallar kahar. Few days after, he was succeeded in lucky draw - amazing! . Upon inquary every dealer was selling on 50% discount in lhr-rwp (gulzar e qaid , saddar offices)., isb. Now guess what is reality, still i thing these people are not total fraud , I wish Ur investment prosper.
                    1436 days ago 

                    Baloch
                    (333 posts)
                    There is also a Fatima Town touching I-16
                      1436 days ago 

                      The Man
                      (11 posts)
                      Any expert, guru with some more info?





                      Im really very depressed if this scheme is fraud.



                      Please share your views.
                        1435 days ago 

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