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NAB Arrested Ferozpur City Owners

Ferozepur City Housing Scheme is located on Ferozpur Road has been under the limelight in the past and not for good reasons. It experienced harsh criticism for marketing fake promises to provide houses and conveniences that did not appear to be for all intents and purposes conceivable.

The management of the society has been fraudulently marketing Ferozpur Society layout planned on agricultural land where residential and commercial activities are strictly prohibited. Besides that, they had not received NOC from Lahore Development Authority (LDA) to develop or market Ferozpur Housing Scheme. The society was officially launched on July 23, 2017.

Last summer the society was officially launched and news of LDA permit for preliminary planning was spread. This news raised the confidence of some investors and people invested their money into it only to be deceived later. Soon after, the LDA advertised otherwise in local newspapers prohibiting general public from investing in this society.

The Deceptive Marketing Campaign

The management launched a false full campaign to market facilities provision of which was technically next to impossible. The total areas of society made up of 25 acres and facilities they planned took up pretty much half of the land. Some of the marketed features that promised big chunks of land are highlighted below.

ferozpur-city-master-plan-lahore

  1. The project is slated to feature Pakistan’s largest masjid, which will span a 25 acres area.
  2. A fun land planned to spread across 23 acres.
  3. A 40-kanal park in all blocks of society.
  4. A 200-kanal park on the main boulevard.
  5. A museum dedicated to Baba Bhullay Shah, featuring his Sufi philosophy

Recent Arrests by NAB

The NAB Lahore director general (DG) authorized the inquiry against the management of Ferozpur City Housing Scheme and others in April subsequent to the allegations of involvement of Ferozpur city management in the commission of the offense of corrupt practices and duping people in general on the loose.

As per the leaks throughout the inquiry, it presented that all charged, in conspired with each other to propel the illicit Ferozpur housing scheme at Ferozpur Road, Lahore in 2016 and gathered robust sums of Rs1-2 billion. 5000 affectees paid the booking price at the launch of private and commercial plots in the bogus housing society.

location-plan-or-map-of-ferozpur-city-lahore

In addition, LDA issued a show cause notice to the charged proprietors of the housing scheme to keep them from offering of documents and plots to the general public. Since then thousands of complaints have been received by NAB against the Ferozpur Housing Scheme. LDA also avoided the proprietors from advertising this scheme but the management turned the deaf ear to everything and continued robbing the uninformed public.

Consequently, the NAB Lahore probed the housing scheme following the complaints and arrested on May 16th, 2018, the three developers namely Nazar Muhammad, Nadeem Ahmed, and Naeem Ahmed, which formed the management of Ferozpur City Housing Scheme.

Involvement of a politician

PML-N former MPA Saiful Malook Khokhar is allegedly involved in the Ferozpur City Housing Scheme scam. NAB has been learnt that the MPA took to pay off of Rs80 million from the proprietors of the Ferozpur City Housing Scheme to aid them in getting NOC.  The MPA appeared after court and there was a questioning session of one hour following that.

Conclusion

Besides good location and facilities promised the Ferozpur city is yet a no-no because of all the illegalities and concerns it has been going through since inauguration. We suggest readers stay alert and invest only in the societies who have gained NOC from concerned authorities.

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