Massive Islamabad and Rawalpindi Housing Scam Exposed as Over Ninety Thousand Fake Plots Revealed

A massive property scam has shaken Islamabad and Rawalpindi, revealing that over ninety thousand plots were sold illegally despite never existing. The National Accountability Bureau (NAB) has confirmed that several private housing schemes and cooperative societies misled buyers by selling files and memberships for land they did not own.

Investigations show that developers promoted fake land banks, issued thousands of files, and made false promises to attract buyers without securing any actual land for development. Some societies claimed to possess up to eighty thousand kanals, while records indicate they owned only a fraction of that area.

How the Scam Operated

The fraudulent schemes worked by creating false impressions of large-scale housing projects. Developers sold plots far beyond the approved limits of their projects, leaving buyers with property that had no physical existence.

Files were sold to ordinary citizens, including government employees, retirees, and families, many of whom invested their life savings in the hope of building homes or securing property for their children.

The scam highlights systematic deception, as most buyers had no reason to suspect wrongdoing due to the professional marketing and documentation provided by the developers.

Impact on Victims

The fallout from the scam has been severe. Many victims face financial losses and emotional stress, as investments that were supposed to secure their future have vanished. Families who had planned to construct homes or invest for their children now find themselves at a complete loss. NAB officials emphasize that the victims are largely ordinary citizens who trusted the system and were unaware of the fraudulent activity.

Authorities Expand Investigation

The NAB investigation is ongoing, aiming to uncover the full scale of the fraud and bring those responsible to justice. Authorities are examining the operations of multiple housing schemes and cooperative societies involved in selling these fake plots.

NAB officials are also stressing buyer vigilance, urging people to verify land records, approvals, and project ownership before making any property investments.

A Serious Warning for Property Buyers

This scandal serves as a stark reminder that not all housing schemes are legitimate. With the growing demand for residential properties in major cities, buyers are encouraged to conduct thorough due diligence. Ensuring that a project has official approvals and verifiable land ownership is critical before investing hard-earned money.