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Lahore Real Estate Forum: Property News & Community Talk : ,

(64464)
Monday, April 18, 2011 02:51 PM 

Aoa,
I want to know about "fORMANITES HOUSING SOCIETY".Its near to DHA.Is it fruitful to invest there?Kindly advise me and give your suggestion and opinions about investment.

asif replied on Monday, April 18, 2011 03:06 PM 

fraud totally fraud

PAKISTANI replied on Tuesday, April 19, 2011 05:14 AM 

JANAB ASIF SB
WILL U PLEASE EXPLAIN THIS.....? WITHOUT ANY EXPERIENCE HOW CAN U WRITE THIS.????????? IF SOCIETY DEMAND DEVWLOPMENT CHARGES SO THATS Y U ARE SAYING FRAUD N WHATEVER.AND ALREADY SOCIETY INTEMATE IN YOUR ALLOTMENT LETTERS " IF INCREASING IN DEVELOPMENT CHARGES U WILL HAVE TO PAY" ARE U READ THIS OR NOT IF NO SO PLZ CHECKED .

asif replied on Tuesday, April 19, 2011 07:09 AM 

dear, u chek all discussion about formanites u know how they commit fraud.....they have no much area they sell out....small area is approved by lda there is no boundary....formanites phase 1 has no development they announce phase 2 phase 3 ......only 1 main road is constructed....they show and advertise to earn more money....state life, sui gas, bankers,societies are much better to invest....formanites are 1980s society......u want to invest u should....i dont force u to dont buy......i have no personal problem with this society i think dha phase 9 investment is better to formanites......development charges is not matter....reliability n trust is much better ...dha is successful because they deliver people have trust......every body have own views ....if any body wants to invest....no body have objection....

ch yousaf replied on Tuesday, April 19, 2011 07:20 AM 

increase in development charges by 6 to 8 lacs if anyone not pay they loose there plot or cancel they are big looter.....

Alvi replied on Tuesday, April 19, 2011 08:42 AM 

In my opinion, every one who have plots in this scheme should save by paying development charges otherwise they must loose their plots because phase 1 is existing and have excellent location. due to excellent location scheme's owner will get good return near future that's why they are canceling the plots who are not paying new development charges. I suggest who have plots kindly visit the site, development works going on pace. Almost Ph-1 which is approved by LDA already almost completed. Yesterday I visited thats y I am suggeting those who hve plots in this scheme. Kindly save their plots. Most of non possession's plots have been merged into possession area's plots in the shape of remaining installment or new development charges. I think almost 75% plots of non possession area have been merged and soon management will do something bad with who are not paying new development charges. its Ph-2 is not existing, can say fraud. Already they have canceled and re-allotted to another who did not pay new development charges. Kindly check your plots from society office who are not paying new development charges, if not allotted, kindly do something. I also suggest if anyone deposit new development charages, one should must write and single line in allotment letter that there will be no demand of any charges in future by the society management.

mustafa replied on Tuesday, April 19, 2011 09:25 AM 

i visit yesterday no development work only one road is here which is possesioned all 98 percent area is non possesion when they devloped they are only greedy persons who wants money money and just money ......i think all persons visited site and jugde himself ....which hold plots they must give extra development charges....they have no chance.. .location is good but management is not good

Alvi replied on Tuesday, April 19, 2011 10:25 AM 

Mr. Mustafa
With the honor
I bet if there will be only one road I will give you 10 Lac.
I am telling you almost possession area (LDA approved areas)already developed. In my opinion around 75% of LDA approved area have been developed.

Lahore 042 replied on Tuesday, April 19, 2011 11:32 AM 

@Alvi
I know property dealer very well and their greedy mind.I know each and every member of this society.Alvie you tell me one thing how they change the name from " co-operative society" to scheme?
1st fraud.
2nd fraud they increase the sui gas charges 20,000 rupees.
3rd fraud they don't have enough plot they sell more plots (LDA gave notice to them.I have copy of all that as a proof)
4th fraud
Development charges of 6 lac.The owners of society are totally mad,mis-management.
5th fraud
They fraud one the name of F.C college.Their management (who were the students of Fc college) did fraud with their own teachers of FC college.
IF want more information on facts and figure i am wiling to give you.

Pakistan replied on Tuesday, April 19, 2011 11:37 AM 

I have visited the formanites housing scheme their location is ideal very good approach.Each and every thing is fine price is also reasonable.But the question is "is this scheme is fraud"?

jaz replied on Tuesday, April 19, 2011 01:36 PM 

if wattoo developed society 75 percent minimun 6 years required....after development some appriciation is possible....after 6 years aur 8 years phase 9 is developed n they offer less price to this scheme i dont think people invest here .....all people invest in dha phase 9 .....because all people like geniun dha .....appriciation is possible in state life...,sui gas ,bankers, because this societies fully developed but prices cannot exceed dha prices....adjacent to dha or proper dha always create difference....investment in dha phase 9 is better only 15 laakhs without anyfraud risk......

asif replied on Tuesday, April 19, 2011 03:38 PM 

DEAR ALVI, mera apka dil dukhana ya hurt krne ka bilkul maqsad nai tha...... i know apki mehnat k pese hain is society main.... pakistan ne humse is scheme k bare main information mangi.....mene wo kaha jo mujhe haq sach lga....ap khud bhi is bt ko mante ho unhun ne logon k saath ziaditi ki hai logon k saath fraud bhi kiya....phir bhi i m really sorry if i hurt u....inshahallah ALLAH acha krega...ALLAH sab ko khush rkhe
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