1. Ahad Tower reflects the broken dreams of investors,
who had risked millions only to see the skeleton that was once supposed to be source of income for them. 2. The project was never completed since its foundations were laid on an illegal construction plan. 3. Many of the investors have become heart patients, tension freaks and are mentally disturbed over what has become of their investment. One of the investors story I would like to share with you is that Muhammad Iqbal Butt was one of 861 investors, who had invested their money When administration of Ahad Tower had launched an advertisement campaign only a few months after the start of plazas construction. He paid about Rs 4.5 millions. He said that he had invested his life-time earnings in its construction. Administration of Ahad Towers had promised its buyers that the shops would be handed over to them by 2006 but the construction was delayed. He said that in 2009, he and other investors like him were waiting, when suddenly at the end of 2009, Supreme Court ordered that all illegally constructed plazas in Lahore be destroyed and Ahad Tower was one of them. And as a result Government took action and arrested Yousaf Ahad Malik who was one of the owner of Ahad Tower.
Both the Supreme Court and Punjab government have
taken no step to assure that the investors get their money back due to which investors suffered a lot. One of the owner of Ahad Tower got paralyze and then he died But still his family is suffering as they have to pay back money of investors. Recommendations 1. Manufacturers must maintain the law 2. Public representative must avoid to use their personal references in such un lawfull matters (means there should be no miss use of power) 3. General public must consult LDA before investing so that the chances of fraud could be minimized