Dear Sulman,

That is how it works, but truth of the matter is that there are a lot of genuine buyers as well. It is therefore best to work with only reliable agents in present scenario.

Jazak Allah

These agents are mostly fraud and anyone looking to purchase or invest in Pakistan because of these dealers philosophies, please read below that is nothing but real truth;

I was pursued  to buy and invest in 9 town around 3 years ago with all silly dreams and hope that it will go to 1 cror in few years,  so I moved money from UK to pakistan to purchase the plot for 60 lakhs @ 1 pound=145 Rs

Now the one pound = 208 Rs and plot value is 52 lakh Rs so total loss is 30 lakh within 3 years at rate of 10 lakh per year. Anyone things I will be able to recover my actual money in the next 1o year. never.. and then I have used this money elsewhere in a wise way I could have held on the capital amount in addition to the money profit even depositing in saving accounts.

So very sincere advice to all who have halal earning please do not follow greed and dump your money in search of a short cut. There is no such thing anymore. unless you have black/ill-gotten money. Only look at plot if you want a house.. worlds dynamics have changed now, pak rupee will remain unstable, war fear will stay there, and money laundering will make will level this sector anyway in coming years.. Thanks

• Very true.

fact of the matter is property in Pakistan is never profitable neither in short term as well as long ( it may give slight profit but not much where assets get double ), specially for overseas investors.

i bought a file is 2005-06 of phase 7 around 65,000 dollar while dollar rate varied from 55-58 rs.
It indeed went as high as 130,000 usd but I never get a chance to sell at such price and this file got down to 55,000 usd.

Then balloting happened and I got to pay around 1 million rupee. Also devaluation started so it came to 78,000usd.( my total cost).

And after all these years if I calculate my profit it stand at around 105,000 which is mere 25,000 US dollar. One month before all this Bayanas it was standing at 16,000Usd.

So after all these years I got to conclusion that this system is designed to loot money and given it to certain class which is unholy to name them. We are just mere labor to help them grow big all the while thinking that we could become rich while investing in property in Our dear Pakistan.