Why doesn't investment flow into Pakistan? Start by asking Pakistanis themselves.
Most locals treat buying plots as "investment." Housing societies plaster ads everywhere. Developers become billionaires. Buyers? They wait years—money paid, no plot delivered.
Overseas Pakistanis flood inboxes with complaints: Paid for plots in Park View Housing Society in 2021. Money wired from abroad for Golf Estate and Hill Estate—projects later canceled. Told they'd get Overseas Block plots instead. Late payments? Penalized. Ownership papers? Still missing.
Around 250 people filed complaints with NAB, claiming collective exposure of 1.8 billion rupees. Many more affected outside that group.
Park View's owner, Aleem Khan, sits in Shabbaz Sharif's cabinet. Victims doubt they'll get a fair hearing under the current government. One doctor needed funds for her son-in-law's kidney transplant—Park View refused a refund. Another victim tried placing newspaper ads to reach authorities. No outlet would run them.
This isn't just Park View. University Town, Capital Enclave, countless others. Hard to name a single society that deals honestly with clients.
Overseas Pakistanis send as much foreign currency home annually as Pakistan earns from exports. Defraud them, and they stop sending money—let alone investing. A UK-based Pakistani said his younger generation feels no connection to Pakistan. When they hear fraud stories, they say: "Don't even send charity money there."
If the next generation won't trust you with charity, why would they trust you with investment?
Most locals treat buying plots as "investment." Housing societies plaster ads everywhere. Developers become billionaires. Buyers? They wait years—money paid, no plot delivered.
Overseas Pakistanis flood inboxes with complaints: Paid for plots in Park View Housing Society in 2021. Money wired from abroad for Golf Estate and Hill Estate—projects later canceled. Told they'd get Overseas Block plots instead. Late payments? Penalized. Ownership papers? Still missing.
Around 250 people filed complaints with NAB, claiming collective exposure of 1.8 billion rupees. Many more affected outside that group.
Park View's owner, Aleem Khan, sits in Shabbaz Sharif's cabinet. Victims doubt they'll get a fair hearing under the current government. One doctor needed funds for her son-in-law's kidney transplant—Park View refused a refund. Another victim tried placing newspaper ads to reach authorities. No outlet would run them.
This isn't just Park View. University Town, Capital Enclave, countless others. Hard to name a single society that deals honestly with clients.
Overseas Pakistanis send as much foreign currency home annually as Pakistan earns from exports. Defraud them, and they stop sending money—let alone investing. A UK-based Pakistani said his younger generation feels no connection to Pakistan. When they hear fraud stories, they say: "Don't even send charity money there."
If the next generation won't trust you with charity, why would they trust you with investment?