Purchasing Property for a Higher Price on Installments
Question:- Easy Installments with no mention of markup. In property transactions, we don't know the actual market price, and often the construction is not completed. The house, flat or plot is often sold on the price the seller demands. When the price is registered with the government of Pakistan or it is recorded in the tax file, minimal price is written.
Answer:- To sell property at a higher price than the market rate is not usury.
