Gold is the most valuable in all the metals today and plays a major role in the field of investment. Gold has its own importance for investors and it is mostly used as a shelter and a safety point for them in economical breakdown, currency crises and in war where there is a market decline. Gold is behaving more like a currency than an article of commerce today in Pakistan.
Gold in the past was used instead of money and people used it as a currency. Pakistan It was mostly used in trade and commerce. Gold is better than money because currency rates can go down but prices and value of gold is unique it remains constant throughout the world therefore it can act as a global currency as compared to Pakistan.
After World War 1 and World War 2 the use of gold as a currency was stopped and a new system of Bretton Woods System was introduced in which the certain amount of gold was equal to the US Dollars. But still today gold in the present world is in the top class of all precious and valuable materials.
Banks in Pakistan are also offering gold reserve accounts.

Ever heard of the term Building under construction (BUC) and have no idea what it is? Read on:

Unlike properties that has been completed, BUC properties are those that have yet to be completed. Buyers usually will visit showflats located near the actual site where the properties are build. They will rely on developer brochures or scaled models to make their purchase decision. The "Housing Developers Act and Sale of Commercial Properties Properties Act" are enacted to protect the buyers of BUC property.

Once you have decided the to buy BUC unit, the process will be as follow:
1) Pay a booking fee of 5-10% of the purchase price

2) Developer will deliver Sales & Purchase agreement (S&P) within 2 weeks from the date of option.

3) The option will expire 3 weeks from the date of delivery from developer. (Usually 5-7 weeks extension can be obtained)

4) Signed the S&P and pay 20% of the purchase price (Less booking fee)

* If your bank loan is granted at 60%, the bank loan can only be disbursed after the 40% is paid to the developer. Hence, the bank loan will commence on the 4th payment.

Next, the payment of the remaining 80% will be as follow:

1st Payment	Signing of S&P	20%
2nd Payment	On completion of foundation work	10%
3rd Payment	On completion of reinforced concrete framework	10%
4th Payment	On completion of brick walls	5%
5th Payment	On completion of roof/ceiling	5%
6th Payment	Doors, window frame, electrical wiring, plumbing and plastering completion	5%
7th Payment	On completion of external work - Carpark, drain ,roads	5%
8th Payment	Issuance of TOP/CSC	25%
9th Payment	CSC	15%