CDA Tightens Rules On Housing Scheme Advertisements And Layout Plans

Notably, the Capital Development Authority has directed private housing schemes and projects in Islamabad Capital Territory to prominently display updated approved layout intends to protect buyers from misleading information and potential fraud.

Key points

• The authority cited the 2023 regulations governing private housing, farm housing, apartment and commercial schemes in Zones 2, 4 and 5 of Islamabad.
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• The displayed intends must be at least 7 by 5 feet or appropriately sized according to the available space.
• The authority cautioned that noncompliance would be noted to NAB and could lead to legal action.

For context, the directive was issued by the CDA Planning Wing after observations from the National Accountability Bureau that some housing scheme sponsors and developers were misrepresenting the approval status of their projects by failing to display approved intends or showing outdated or unapproved layouts.

Under the new instructions, private housing schemes must upload regularly updated approved layout intends on their official websites and display them prominently at project reception areas and booking offices. The displayed intends must be at least 7 by 5 feet or appropriately sized according to the available space. SECP Introduces One-Day Account Opening for Stock Market Investors.

In practice, the CDA has additionally required housing schemes to place a QR code with the displayed plan that links directly to the scheme's official website, allowing prospective buyers to access detailed and updated information concerning the project.

Notably, the authority cited the 2023 regulations governing private housing, farm housing, apartment and commercial schemes in Zones 2, 4 and 5 of Islamabad. Under Clause 40, sponsors must maintain websites linked to the CDA website containing information on land ownership, location, approved layout intends, NOC status, public amenities, plots mortgaged with the CDA and the number of residential, commercial and amenity plots.

In practice, the CDA additionally directed sponsors to share allotment letters for housing and commercial projects with the authority through the prescribed digital platform. While IESCO and SNGPL must provide service connections only in accordance with CDA approved aims, plot and unit allotments or transfers must remain within approved layouts and sanctioned building intends.

All sponsors have been given 10 days from the issuance of the directive to submit compliance reports and supporting evidence, including photographs, to the CDA for onward submission to NAB. The authority cautioned that noncompliance would be noted to NAB and could lead to legal action. Stay Connected with ProPakistani.

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