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Capital residents, realtors reject asset declaration by PTI leaders

26-08-2012 | Pakistan Today
ISLAMABAD - Residents of the federal capital have vehemently rejected the declared value of the assets declared by the Pakistan Tehreek-e-Insaaf Chairman Imran Khan and other party leaders on the party website and termed them unrealistic and beyond truth. Property dealers in the federal capital have offered to purchase Khan’s sprawling farmhouse spreading over 300 kanals in Banigala for Rs 300 million. According to the dealers, the worth of the farmhouse declared on the website was not even 10 percent of its market value. They said instead of mentioning the current worth of the property, the PTI chairman declared the cost price, which was unfair. Residents of Islamabad appreciated the PTI step to declare their assets, but said undervaluing the worth of the assets was meant to hoodwink the people. They said they knew the actual worth of the farmhouse that was far more than the once declared. A number of people associated with the real estate business said the worth of one kanal of plot around Khan’s farmhouse was between Rs 2 to 2.5 million.
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