We all know the Citi developers and the projects they have introduced in different cities of the country. The number of projects under the supervision of Citi developers is abundant, but in this article, we aim to provide the latest updates about the “Citi Housing Kharian” NOC. There is much confusion about the No Objection Certificate of the project because some say that NOC is approved. In contrast, others say that the NOC of the society is still under process and it requires approval from the regulatory bodies. So, let’s get to know about the legitimacy of the project.
Citi Housing Kharian NOC
Is the Citi Housing Kharian NOC approved or not? It is a long debate, and we will not answer all your questions, but first, you should know what NOC is and its significance.
What is a NOC?
NOC is the No Objection Certificate, a legal document required by every real estate investor and developer. The document shows that the project is authentic and legal for all development and construction work. In addition, the project is also safe for all kinds of investments.
It is the only document required while purchasing or selling any property. This legal document shows that the property does not violate any legal guidelines implemented by the organization, agency, or legal institute. In addition, before making any project transaction, you need to have a legal document as a NOC.
Citi Housing Kharian NOC Status
Now that you know the importance of NOC for any real estate development and construction project, let’s move towards the NOC status of Citi Housing Kharian. It is a very important question for many investors because there are a lot of rumors about it.
Did you know there was an old name for society? Yes, Citi Housing Kharian has an old name. You must be thinking about why we are telling you this as we discussed the NOC status of society. There is a reason to tell you about this fact because it is closely related to our main topic of discussion.
The Old Name Of The Society
The old name of Citi Housing Kharian is Golf Residencia. It is a modern housing society situated on G.T Road Sarai Alamgir. The society developers aim to offer residents all the amenities and facilities at the most affordable prices. It is important to know the old name of the society because when it comes to the Citi Housing Kharian NOC, its old name has a lot of importance.
When the developers started this society, they named it Golf Residencia. For the approval of the No Objection Certificate, they have submitted all documents to the Tehsil Municipal Authority (TMA) for the approval of NOC. The best news is that TMA has approved the No Objection Certificate of the Golf Residencia. It means that the regulatory authorities have granted legal rights to the developers for all types of work.
What Is The Confusion About NOC?
So, as we have discussed, there is so much confusion regarding the NOC of Citi Housing Kharian that after getting Gold Residencia’s approval, the developers changed the project’s name. They have named it Citi Housing Kharian. So, as the name was changed, they had to get approval again from the Tehsil Municipal Authority for the new name. Therefore, now the owners and developers of the project have submitted the required documents to the authorities, and they are waiting for approval.
It is the reason there is a lot of confusion about the legal status of the project. But it does not mean that Citi Housing Kharian is an illegal project. As the TMA once approved the NOC of the society, we can say that it’s NOC will come soon with the approval of the new name.
So, if you are thinking of investing in this project, you do not need to worry about the authenticity and legitimacy of the project. The project is safe from all perspectives, whether you are interested in investing for a living or want to invest for profit. From a legal point of view, the investments in this project are safe and secure, with the potential of a high return on your investments.
Conclusion
The article covers all the confusion about Citi Housing Kharian NOC. We have also answered all the questions regarding the project’s legitimacy and authenticity. So, we hope that after reading the article, your confusion about the legal status of the project gets resolved. Hence, it’s the right time to invest in this project and book your desired property.
FAQ's
Citi developers who have completed many residential and commercial projects are the developers of Citi Housing Kharian.
Mr. Malik Major Amir is the owner of this housing society and is the son-in-law of the Chairman of Bahria Town (Mr. Malik Riaz).
Tehsil Municipal Authority (TMA) is the regulatory authority responsible for granting the Citi Housing Kharian NOC.
Yes, Citi Housing Kharian is a NOC-approved project, but its approval with the new name is under process.
The housing society is situated on G.T Road Sarai Alamgir near Kharian.
