Interview with Managing Director Fazaia Housing Scheme Karachi

Fazaia Housing Scheme (Overseas Block) 

Interview of Air Commodore (R) Syed Shoaib Saleem, 

Managing Director, Fazaia Housing Scheme Karachi with Geo News

Transcript of the Interview:

 

Geo News Reporter: When Pakistani expatriates (in UK) are looking for investing in Pakistan then there is general apprehension that their investment is NOT SAFE in Pakistan. In this context: HOW SECURE EXPATRIATE PAKISTANIS ARE WHILST INVESTING IN FAZAIA HOUSING SCHEME KARACHI?

Reply of Air Commodore (R) Syed Shoaib Saleem, Managing Director, Fazaia Housing Scheme Karachi: 

You have asked a very good question. For any investment decision there are two elements. Firstly, the SECURITY of the Investment i.e. the money is going to be spend for the desired purpose. Secondly, whether the money is in SAFE HANDS or not. 

In this regard, everyone should be clear that the Surety is of Pakistan Air Force, who will ensure that the money is not going down the drain and is in Safe Hands. 

While booking in a Housing Project, there is always an apprehension: whether the actual construction work on the Project Site has been initiated or not. In case of Fazaia the actual development and construction work has already been initiated on a massive scale. Here it is important to note: when a Private Property Developer announces a Housing Project and starts Booking the Project Unit, the Developer even does not have a clearly marked and transferred LAND for the announced/sponsored project. In a nutshell a Property Developer in Pakistan after Booking start searching for the Land. 

In case of Fazaia Housing Scheme, the Land has already been transferred in the Name of PAKISTAN AIR FORCE and all the necessary procedure has been completed such a mutation of land etc. 

So in case of Fazaia Housing Scheme: 

• the land is in the name of Pakistan Air Force (PAF);
• the money collected through Booking is also in the name of Pakistan Air Force;
• and the construction work has already been initiated;

Therefore, there should not be any hesitation on the part of expatriate Pakistanis to book a housing unit in Fazaia Housing Scheme- their investment is absolutely SAFE!

Since Karachi a metropolitan city and a lot of people (expatriate Pakistanis) wishes to Invest in Karachi and looking for Safe Heavens. So investing in Fazaia is such an opportunity for the expatriate Pakistanis. Expatriate can yield the following benefits from booking a unit in Fazaia Housing Scheme Karachi (Overseas Block):

• Expatriate Pakistanis can earn rental income from their booked units;
• Since the Price of Fazaia Housing is going to increase overtime, therefore, expatriate Pakistanis can SELL their Booked Units at a Higher Price so as to yield Capital Gains;
• They can live in their booked units within a safe and secure environment. Even they can send their children to Pakistan for studies and their children can live in Karachi with the safety and security offered by Fazaia Housing Scheme to its residents;

All in all, investing in Fazaia Housing Scheme Karachi is a good investment as it is Safe and Secure and offers above average returns to the investors. Moreover, investing in Fazaia Housing also adds up to the Foreign Exchange Reserves of Pakistan, which is beneficial for the overall economic progress and development of the country.

For any further information and enquiry please contact:  GLOBEWIDE PROPERTY INVESTMENTS (International Authorized Dealers - Fazaia Housing Scheme Karachi Overseas Block) - 1 Red Lion Court, LONDON, UK, EC4A 3EB, +44-203-627-4441, equiries@gbwide.com