Property Renting Tips in these Law & Order Situations in Pakistan

Income from Property is an ideal way for many people to get return on their investment. Renting your Property in Pakistan was an easy way as people didn’t search about their potential tenant and on simple or on a weak reference rent out their house or building to unknown person. This trend is very dangerous and can cause a lot of trouble for you in certain cases.

Property Renting Tips and Law & Order Situations in Pakistan

Pakistan is facing security and law & order issues, War against Terror have already claimed lives of thousands of innocent people and our defense personals. We can’t afford to go with same attitude and trend as every person have to lighten his own lamp to eliminate the terror factor from our society.

As a landlord, your role is very important in war against terror, as properly verifying the your prosperous tenant could avoid any problem for not only, but can also avoid any big incident just like APS Peshawar Attack or any other, as Terrorists planned their devil activities by getting a property in targeted areas.

Moreover as a landlord, a renting a tenant without proper verification could cause you financial los in shape of cash, damage to home, unpaid or unclear rental income and may some other legal action for certain reasons.

Here you can avoid any such loss or damage by giving attention to details and by proper verification.

Here is basic guideline for choosing right tenant for your property(s).

Face to Face Meeting:

Face to Face meeting is very important before renting out your property of any type, try to meet twice in two different phases as it will help you to draw a conclusion about applicant. Hiring a Real Estate Agent could be a solution for you, but the Real Estate Agent should be trusted one with good reputation in region. In case you are out of city or country, you can appoint a person as a liaison who can take care of your property, a well known person in any relation could be good one. You can also fix a Phone Call if you are not available for face to face meeting.

Source of Income of Tenant:

After properly meeting tenant, you need to know about source(s) of income of your tenant, either he/she owns a business or works in any organization. It is important to about that as you can know about potential of applicant that weather he/she can pay you rental payments on time or not.

Verifications of Documents:

You must verify the documents of applicants, it may include verification of National Identity Card, verification of region of applicant, verification of employment or business etc. don’t forget to get a clearance certificate from your regional police station.

Submit Record of Tenant to Police Station:

Punjab Government has made it mandatory for every landlord to submit the record of tenants to nearest police station. This include name of applicant, copy of his/her identity card, agreement copy, details of property, conditions of agreement and any other relevant detail. The new laws bound landlords to submit the credentials of tenant(s) to Police Station else will be penalized and/or sentence to 6 months behind Bars according to laws.

Ideal Investment Opportunities in Gujranwala City

Gujranwala (the city of wrestlers) has now emerged as an important industrial city while agriculture is yet another important sector that plays an important role for not only economics of city but also for Pakistan. Rice and wheat are the two main agriculture products for which Gujranwala City is known for. The growing development in city and increasing numbers of industrial units leads to play role in better life style and employment opportunities in City.

Gujranwala City

With more than 5 million populations, Gujranwala is 7th largest Metropolitan Area of Pakistan. The industrial and agriculture based city is not getting notable developments, improvements in infrastructure, better residential style, quality educational and health facilities etc. The Real Estate Developers are taking initiatives and investing in Gujranwala Real Estate Sector by developing well plan housing and residential schemes and societies.

Growing developments in Gujranwala is good for city including construction of Overhead bridge, launching of new residential schemes by famous developers of Pakistan. People are looking for investment opportunities in Gujranwala City. To entertain the, this article points out some notable housing schemes in Gujranwala City for investment and to enjoy modern life style.

Criteria for selecting Housing Schemes:

The mentioned housing schemes have following features as common.

  • Gated Community
  • Boundary Walls
  • Approved Societies
  • Road Network
  • Prime Location
  • Available Utilities (electricity, water, gas, drainage and sewerage)
  • Security Solution
  • Close to main Points of City

Best Housing Schemes for Investment in Gujranwala:

DHA Gujranwala:

DHA Gujranwala is an official project of DHA (Defence Housing Authority), Pakistan. After successful projects in Lahore, Islamabad and Karachi, DHA is working on cities, DHA Gujranwala is one of them. DHA Gujranwala is in planning process, while authorities have finalized the location for DHA Gujranwala.

DHA Gujranwala Location

DHA Gujranwala is suggested in Cantonment Area controlled by Pakistan Army known as Rahwali Cantt. G.T Road passes in front of Rahwali Cantt.

At present, DHA Gujranwala 10 Marla and DHA Gujranwala 1 Kanal Files are available in open market, DHA Gujranwala is an ideal site for investment as after balloting and allotment of plots in DHA Gujranwala, the prices are likely to rise by 2 folds.

Fazaia Housing Scheme Gujranwala:

Fazaia Housing Scheme is a welfare project especially for persons related to Pakistan Air Force, however Public can also be a part of lavish and modern residential housing style of Fazaia Housing Scheme Gujranwala.

Fazaia Housing Scheme Gujranwala Location

Fazaia Housing Scheme is located on Main G.T Road of Gujranwala between two main Roads i.e. Gujranwala & Hafizabad Raod and Alipur Road. The site of Fazaia Housing Scheme makes it easy to move anywhere within City and out of City as well.

Development Status

Fazaia Housing Scheme development is in process as development of infrastructure on its way including constructions of roads, sewerage, electricity system and construction of Main Gate. Fazaiai Housing Scheme offers Residential Files of different sizes including 5 Marla, 10 Marla and 1 Kanal. Fazaia Housing Scheme is in initial development phase, so it is an ideal site for investment in Gujranwala Properties.

Citi Housing Scheme:

Citi Housing Scheme introduced modern way of living to the residents of Gujranwala, the life style features modern community living style. Citi Housing Scheme Gujranwala offers clean and attractive outlook, the monument, green parks, comprehensive security measurements, commercial area and other living amenities makes Citi Housing Scheme Gujranwala perfect for beautiful life style to enjoy with your family.

Citi Housing Scheme Gujranwala Location

Citi Housing Scheme Gujranwala is located on Main G.T Road and is accessible from two sides, from G.T Road and from Upper Chenab Canal. Chan Da Qila is about 3 minutes drive away only.

We’ll update you with more investment opportunities in Gujranwala, stay tuned.

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