appeal for the reimbursement of amount on the Plea of slow development and high sale price.
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During the end the year 2004, I invested almost all of the hard earned money of our family in the purchasing of Bahria Town Rawalpindi plot files. These were later merged into a single plot and transferred into phase 8, Rawalpindi plot. I purchased four such files and paid their installments. In this way I invested around Rs. 1,400,000 (Fourteen lakh: 1.4 million) on this investment. Within few months its price came down to one fourth of the invested money. It manifested that paid price was considerably higher than the actual price of the land and there was huge artificial increase in prices. It was a great set back for us. In numerous advertisements of Pakistani television and newspapers, Bahria Town pledged security of investment and profit.
Now I have sold the plot in just 555,000 rupees. In this way we suffered the loss of 850,000 rupees. Adding inflation during these five years, this loss is even bigger. We patiently waited for four and half years but Bahria Town did not complete any development during these years. During the year 2004 Bahria Town sold these plots on such a high price that we could not recover our money despite waiting for almost five years. It is very solid and reasonable plea.
We will be very happy if we get our originally invested money even without any profit. In the past, high level government officials provided compensation to such people who suffered great losses. My father was grade 19 WAPDA officer who served WAPDA for 41 years. I worked for 15 years after passing my M.Sc. in the year 1993. So it was all of our money which we saved during these years. How we can forget such a big loss? Taking into consideration all these justified arguments and financial losses, I request President, Prime Minister and government of Pakistan to facilitate reimbursement of my invested amount or provide us financial support.
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