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IHC Denies Ownership Rights to One Constitution Avenue Apartment Buyers
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IHC Denies Ownership Rights to One Constitution Avenue Apartment Buyers

The Islamabad High Court has ruled that buyers of apartments at One Constitution Avenue hold no ownership rights over the units they purchased, delivering a significant legal blow to hundreds of buyers who invested in one of the capital's most prominent mixed-use developments.

The judgment, issued by the IHC, calls into question the legal validity of sale agreements entered into by apartment buyers at the high-profile project located in the heart of Islamabad's diplomatic enclave area. The ruling is expected to have sweeping consequences for both the developer and the large number of civilians and overseas Pakistanis who purchased units in the development.

One Constitution Avenue has been a subject of legal disputes for years, with questions surrounding land allotment, regulatory approvals, and the rights of buyers forming the basis of multiple petitions before the high court. Monday's ruling represents the most consequential judicial pronouncement yet on the matter.

The verdict is likely to trigger fresh litigation from affected buyers seeking redress and may prompt intervention by regulatory authorities responsible for real estate oversight in the federal capital. Legal experts say the ruling underscores systemic vulnerabilities in Pakistan's real estate regulatory framework, particularly for large commercial housing projects in the capital.

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Sources: Dawn

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