Illegal Housing Epidemic Hits KP: 60% Societies Operating Without Approval
Peshawar, Khyber Pakhtunkhwa – A damning report from the Housing Department has exposed a staggering 60% of housing societies in Khyber Pakhtunkhwa (KP) as operating illegally, sparking widespread concerns over consumer protection and regulatory failures.
SHOCKING STATISTICS
Of the 822 housing societies in KP, a whopping 495 are illegal, while 247 remain unregistered. Only 80 societies have managed to secure legal status, leaving thousands of homeowners vulnerable to exploitation.
DERA ISMAIL KHAN: GROUND ZERO
The Dera Ismail Khan division has emerged as the hotspot for illegal housing societies, with 254 unscrupulous operators fleecing unsuspecting buyers.
FIA CRACKS DOWN ON FAKE WAPDA SOCIETIES
In a separate development, the Federal Investigation Agency (FIA) has issued notices to eight Lahore-based housing societies for misusing the Water and Power Development Authority (WAPDA) name and logo. The agency has demanded detailed information from the Joint Registrar of the Punjab Cooperative Housing Society, warning of legal action against those found guilty of impersonating government institutions.
GOVERNMENT UNDER PRESSURE
As the housing sector teeters on the brink of collapse, authorities face mounting pressure to tackle the illicit activities plaguing the industry.
EXPERT REACTION
“This is a wake-up call for the government to streamline the housing sector and protect consumers,” said [Expert Name], a leading real estate analyst.
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