How many housing societies in Pakistan are illegal?
At least 69% of all housing societies in Pakistan are literally not registered, consistent with recent government documents.
According to official documents, out of a complete of 8,767 housing societies, 6,000 aren't registered with the concerned institutions.
These 6,000 housing societies are under incomplete or bogus papers.
Over 4,000 fraud and corruption cases are registered against 500 societies. These cases of fraud amount to quite Rs300 billion.
Only 2,767 housing societies are registered within the country, while the dimensions of the important estate market is about 15 to twenty trillion rupees.
In September, Special Assistant to the Prime Minister on Overseas Pakistanis Sayed Zulfikar Bukhari had announced a "major clamp down on all illegal housing societies" that engaged in hoodwinking expatriates.
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