Are you considering investing in a property in Top City Islamabad Housing Society and wondering about its legal status? With so many fraudulent schemes floating around, it's essential to do your due diligence before making any significant financial decision. In this blog post, we'll delve into the legality of Top City Islamabad Housing Society and help you make an informed choice. So sit back, relax, and let's explore everything you need to know about this real estate project!

What is a Top city Islamabad housing society?

Islamabad is known as the top city in Pakistan and has a population of over 13 million people. The city is very congested and there is a shortage of housing. A housing society is a type of organization that provides housing to its members. In order to be a legal housing society, the following requirements must be met: There must be at least 50 registered members

The organization must have a constitution and bylaws

The organization must have a board of directors

The organization must keep records of its activities The Top City Housing Society is not legal because it does not meet all of the requirements listed above.

Can a Top city Islamabad housing society be registered as a company?

Top City Islamabad housing society can be registered as a company if the following norms are followed:

-The society has been formed after due process of law.
-The society is not affiliated with any political party or religious sect.
-The society meets the other formal requirements such as having a name and registered address.

How many members are required in a housing society?

The housing society laws of Pakistan state that a housing society must have at least fifty members to be registered with the government. This minimum membership requirement is irrespective of whether the society is planned or unplanned. In order for a housing society to function, it must also have a constitution and bylaws approved by the government.

What is the role of the secretary in a housing society?

The secretary is the head of the housing society. He or she is in charge of all the paperwork and ensuring that everything runs smoothly. The secretary is also responsible for making sure that all members are paying their dues on time, and that there are no conflicts between members.

Can a housing society sell or lease its property to anyone?

There are housing societies in Islamabad that offer property for sale or lease to anyone, irrespective of their socio-economic status. This has led to society becoming popular with people from all walks of life. However, there are legal implications to consider before selling or leasing your property to a housing society.

If you are considering selling or leasing your property to a housing society, it is important to first consult with a legal advisor. Your lawyer can provide expert advice on the legality of such an action and ensure that any potential risks associated with it are taken into account.

Additionally, it is important to be aware of any restrictions imposed by your local municipality or district administration on the sale or lease of properties to housing societies. If these restrictions are not complied with, penalties may be imposed upon you by the authorities.

What are the penalties for violating the laws of a housing society?

There are a number of penalties for violating the laws of a housing society. These may include fines, imprisonment, or both.

Fines may range from £100 to £10,000, and imprisonment may range from six months to two years. In addition, housing societies may require members to undergo rehabilitation programs or face expulsion from society.

Background of the Top City Islamabad Housing Society

Top City Islamabad housing society is a regulated and legal housing society. The society was registered with the Registrar of Societies on July 21, 2017. It is headquartered in the District Center Zone-I, Islamabad.

The Society has been granted approval to establish an enclave for the physically challenged within its premises.

Conclusion

In this article, we will be discussing the legality of the Map of Top City Islamabad housing society. We will start off by stating that the housing society is not legal as it does not have a license from the government. Furthermore, the building code of Pakistan prohibits the construction of high-rise buildings in residential areas. Moreover, Section 369 (a) of the Pakistan Penal Code states that anyone who constructs or manages any unauthorized building or structure and thereby causes harm to public property or endangers human life shall be punished with imprisonment for a term that may extend to 10 years, or with fine, or with both. Therefore, it can be safely said that Top city Islamabad housing society is not legal and violates several laws.