ADVERTISEMENT
Saturday, May 16, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home PAKISTAN

Stern action needed to check real estate frauds in Karachi: Altaf Shakoor

News Desk by News Desk
July 30, 2022
Altaf Shakoor
Share on FacebookShare on Twitter

Pasban Democratic Party PDP Chairman Altaf Shakoor here Saturday demanded stern action against growing frauds in land and real estate sector, saying this sector on one hand is giving cover to huge black money and the other it is depriving citizens of their lifetime savings due to widespread frauds.

He said the land mafia and real estate tycoons are a state behind state in the megacity Karachi and they influence police, administration and politicians through massive bribery.

Advertisements

He said the authorities entasked to regulate housing societies and land and building matters in Karachi are filthy corrupt and they don’t take action to stop massive irregularities in their domains. He said in Islamabad recently, the Capital Development Authority (CDA) has canceled the licenses of 14 housing societies for failing to register with the district administration, but such a actions in Karachi by the Karachi Development Authority (KDA) or Sindh Building Control Authority (SBCA) are virtually unheard. He said in Karachi not only the departments like KMC, DMCs, KDA, SBCA and Board of Revenue assist the land, real estate and builder mafias but police, anti-corruption department, FIA and other agencies also burn the blind eye to them. He said all major political parties also back these mafias as they heavily fund them secretly.

Altaf Shakoor said there is huge demand in housing sector of Karachi and millions of people want their own houses. This gives a big leverage to these mafias as the KDA has not announced any new housing scheme in Karachi for decades. He said the Hawksbay Scheme 42 of the Lyari Development Authority has been in limbo for decades. The allottees in this Scheme are yet to take possession of their plots even after paying their full dues as development work is not started in many sectors of this big  housing scheme. He said in fact the Scheme 42 Hawksbay is a big expliotation for the citizens of Karachi who have spent their lifetime earning to book plots in it.

Altaf Shakoor said acute shortage of housing facilities has helped in spread of slums and shanties in Karachi. He said from Suhrab Goth to Jamali Bridge on M-9 Karachi-Hyderabad Motorway roadside areas are freely encroached upon by private transporters, auto mechanics and shanties dwellers but the National Highway Authority (NHA) and other concerned agencies are not removing these illegal structure due to mega corruption.

He said that in fact whole megacity Karachi is a horrible example of bad governance. He said corrupt officials of the central, local and Sindh governments have made Karachi a heaven of bribery. He said public transport sector in Karachi is in shambles. He said the government has failed to accelerate work on revival of Karachi Circular Railway (KCR), while the much awaited second phase of Green Line RBT from Numaish to Tower is yet to be started as both the central and Sindh governments are not interested in developing Karachi and facilitating its citizens.

He said Karachi needs dozens of new housing schemes for low-income people to mitigate acute housing shortage in the megacity. He said illegal slums should be removed and the genuine affecters should be provided alternate shelters while the land mafia behind illegal slum settlements should be punished as per law. He said action should be taken against irregularities and frauds of private housing schemes in Karachi on war footing basis and a foolproof mechanism should be devised to check land and real estate frauds in the megacity.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Chery: China’s No.1 Quality-Ranked Automotive Brand Now Reshaping Pakistan’s SUV Market
Business

Chery: China’s No.1 Quality-Ranked Automotive Brand Now Reshaping Pakistan’s SUV Market

May 16, 2026
Malmo Launches Nutritious Whey Drink, Expands Healthy Beverage Options for Consumers
Business

Malmo Launches Nutritious Whey Drink, Expands Healthy Beverage Options for Consumers

May 16, 2026
BALOCHISTAN GOVERNMENT PARTNERS WITH SLIC IN LANDMARK
Business

BALOCHISTAN GOVERNMENT PARTNERS WITH SLIC IN LANDMARK

May 16, 2026
Punjab Govt Withdraws 8PM Market Closure Rule
PAKISTAN

Punjab Govt Withdraws 8PM Market Closure Rule

May 16, 2026
Additional IG Motorway Visits CPK Headquarters, Praises Smart Security System
PAKISTAN

Additional IG Motorway Visits CPK Headquarters, Praises Smart Security System

May 15, 2026
Pakistan, US Discuss Security and Counter-Terrorism Cooperation in Islamabad
PAKISTAN

Pakistan, US Discuss Security and Counter-Terrorism Cooperation in Islamabad

May 15, 2026
Bilawal Says PPP Not Contacted Over Any New Constitutional Amendment
Headline

Bilawal Says PPP Not Contacted Over Any New Constitutional Amendment

May 15, 2026
Senator Sarmad Ali Awarded Sitara-e-Imtiaz for Outstanding Services to Pakistan
PAKISTAN

Senator Sarmad Ali Awarded Sitara-e-Imtiaz for Outstanding Services to Pakistan

May 15, 2026
For the past few days, a coordinated negative information campaign is being being observed
HEALTH / EDUCATION

For the past few days, a coordinated negative information campaign is being being observed

May 14, 2026
Today (14th May, 2026) Pakistan Horticulture Development & Export Company (PHDEC)
Business

Today (14th May, 2026) Pakistan Horticulture Development & Export Company (PHDEC)

May 14, 2026
Next Post
Pakistan situation

Country is under the grip of heavy rains: Ateeq ur rehman

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Most Popular

No Content Available

Must Read

U.S. Ambassador with PepsiCo Pakistan
Headline

Sustainable Business Practices, Gender Equity, Community Empowerment highlighted at the U.S. Ambassador’s engagement with PepsiCo Pakistan

September 6, 2023
Not a Real Estate Issue
Headline

Not a Real Estate Issue

July 16, 2021
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.