🛑 Common Scams in Commercial Real Estate and How to Avoid Them

Pakistan’s real estate sector can be vulnerable to scams. Here are frequent tactics used—and how to protect yourself:

1. Fake Ownership Documents
   Some sellers forge title papers. Always cross-check with government offices or use a lawyer.

2. Selling Without Possession
   Be wary of “file-based” properties that have not been physically handed over or don’t exist on ground.

3. Double Selling
   The same property sold to multiple buyers. Avoid cash deals; always go through a registered agreement and token process.

4. Hidden Dues
   Sellers may not disclose outstanding taxes, mortgages, or society charges.

5. Unapproved Plots or Construction
   Especially in developing areas, some plots are sold without CDA/LDA/SBCA approval. These may be subject to demolition.

6. Fake Project Listings
   Scammers may list non-existent commercial projects online. Use trusted portals like Markaz.pk and verify physical site visits.

Tips to Stay Safe:

• Hire a real estate lawyer for due diligence

• Always demand and verify original documents

• Avoid cash transactions; use traceable banking channels

• Conduct independent valuation if unsure of the asking price