Dear CMH/Brothers
Assalamalykum. I am quite interested to buy 10 Marla unit at Askari X. However, I fail to understand the dynamics of trasfer via Power of Attorney. This means that the title deed would never be in a civilian name. What happens if the person who have exectuted POA dies and there as no successives nominines as well. Or in worst case what if can be proven in court that POA was executed under pressure. How can this investment be secured for civilians like us. Please explian the procedure.
Thank you and Jakzakallah khair
Adnan Akbar
alpha beta replied on Wednesday, August 19, 2009 09:45 AM
Army rules do not allow transfer of property to any civilian (except after many years). The only possiblity left is to get the property transferred in your close relatives (who of courst has to be army official) and then get power of attorney from him.
Being a buyer and getting only power of attorney after paying a colossal amount to an unknown person is prone to high risk.
Choice is yours. |
Divine Gardens replied on Wednesday, August 19, 2009 02:56 PM
Try Divine Gardens too on Defence road near Airport. |
