Procedures for Lahore
Step 1 Step 2 Step 3 Step 4
Rs150 Town Fee 1%
CVT 2%
Stamp Duty 3%
* Rs500
1 Day 1 Day 1 Day 1 Day
Obtain Fard from Arazi Record Center Payment of the Stamp Duty Capital Value Tax and Registration Fee at Bank of Punjab Only Hire the Deed Writer or Lawyer by the Customer Execution & Registration of a Deed Before Registration Authority & Mutation in Revenue Record at Sub Registrar Office

Step: 1

NADRA Verification

Step: 2

Identification of Land and Rights Holder in Records

Step: 3

Get Fee Challan

Step: 4

Deposit Fee

Step: 5

Fard Recieved

30 Minutes

Process

Step: 1

Get Challan from Website

Step: 2

Visit any Branch of Bank of Punjab

Step: 3

Pay Challan

Step: 4

Receipt of Stamp Paper

1 Day

Process

Step: 1

Submission Documents at Sub-Registrar Office

Step: 2

Online Verification of Receipt of Stamp Paper and Fee

Step: 3

Online Verification of Fard

Step: 4

Electronic Capturing of Deed Details

Step: 5

Approval of Registry by Sub-Registrar

Step: 6

Scanning of Passed Registry and Online Transmission to Arazi Record Center

Step: 7

Automatic Attestation of Mutation by Assistant Director Land Record

15 Days

Process
Step 1: Obtain a Fard

Step: 1

NADRA Verification

Step: 2

Identification of Land and Rights Holder in Records

Step: 3

Get Fee Challan

Step: 4

Deposit Fee

Step: 5

Fard Recieved

30 Minutes

Process
Step 2: Fee Payment Process

Step: 1

Get Challan from Website

Step: 2

Visit any Branch of Bank of Punjab

Step: 3

Pay Challan

Step: 4

Receipt of Stamp Paper

1 Day

Process
Step 4: Registration

Step: 1

Submission Documents at Sub-Registrar Office

Step: 2

Online Verification of Receipt of Stamp Paper and Fee

Step: 3

Online Verification of Fard

Step: 4

Electronic Capturing of Deed Details

Step: 5

Approval of Registry by Sub-Registrar

Step: 6

Scanning of Passed Registry and Online Transmission to Arazi Record Center

Step: 7

Automatic Attestation of Mutation by Assistant Director Land Record

15 Days

Process
Procedures for Karachi
No. Procedures Time to Complete Associated Costs
1 Obtaining a Non-Objection Certificate

Agency : District Officer Revenue

The Deputy District Officer Revenue and the District Officer Revenue, at Town and city level respectively, issue a “No Objection Certificate” in favor of the Seller permitting the sale of the property, provided that the entire amount due and payable in respect of the property has been satisfied.

1 week PKR 500
 2 Advertisement of transaction in newspapers inviting objections

Agency : Local Newspaper

A Public notice is placed in two different newspapers having circulation of 100,000 copies, in English and in Urdu news paper, inviting objections/claims. After publication, there is a seven-day waiting time for arrival of objections, if any. Advertisement is published in local newspapers (dailies) having a large circulation. Simultaneously, the buyer will verify the authenticity of the documents presented by the seller as well his authority to act on behalf of the company to sell this property. At the same time, there is a checking for any encumbrances.

Due Diligence Practice Only no cost
 3 Conduct title search

Agency : Sub-Registrar’s office

As a part of the due diligence procedure, it is a common practice to search the books and verify whether the counterpart actually owns the property. Lawyers also look into the previous owners. The process is completely manual and does not have cost.

one day no cost
4 Hire deed writer or lawyer to draft sale purchase agreement

Agency : Deed writer or lawyer

It is common practice in Pakistan to hire a lawyer to draft the sale purchase agreement, However, standard templates are available online.

1 day no cost
5 Payment of stamp duty, capital value tax, Town tax and registration fee

Agency : Government Treasury or National Bank of Pakistan

The following payments must be made: (i) Conveyance stamp duty 3% of property value. (ii) The capital value tax (CVT) decreased from 4% to 2.5% of the property value (Sindh Finance Act, 2010 which came into force on July 1st, 2010 amending the Sindh Urban Immoveable Property Tax Act, 1958, section 4). After the 18th constitutional amendment (April, 2010), the CVT on property was transferred to the provincial governments. CVT is applicable in urban areas for residential property exceeding an area of one kanal and in case of commercial properties without any threshold of land area or size of the property. However, where the value of such property is not recorded, the CVT is payable at Rs. 100 per square yard of land area. (iii) 1% of property value for the registration fee. (iv) 1% of the property value for the Town Tax Fees are paid at the Government Treasury or National Bank of Pakistan, an autonomous bank jointly owned by Government of Pakistan and public, who issue receipt of money which is taken to the Stamp office of the Government. The receipt of payment is taken to the Stamp Office of the Government. The Stamp office will, upon production of receipt, issue a stamp paper of the value (money deposited) on the Sale Deed. Such typed stamp paper will be presented later before the Registrar, who registers the change of ownership.

Online property tax calculator is made available to help eliminate the need to hire a lawyer to calculate the fee. OPTC also provides a copy of the challan of all applicable charges and taxes.

1 calendar day 2% of property price (stamp duty) + 1% of property price (registration fee)+ 1% Town Tax + 2.5 % of the property price (Capital value tax)
Capital value tax is not included into cost estimates.
6 Receipt of payment is taken to Stamp Office

Agency : Stamp Office of the Government

The receipt of payment obtained in Procedure 4 is taken to the Stamp Office of the Government. The Stamp office will, upon production of receipt, issue a stamp paper of the value (money deposited) on the Sale Deed. Such typed stamp paper will be presented later before the Registrar, who registers the change of ownership.

1 calendar day no cost
7 Execution and registration of the deed before the registration authority

Agency : Sub-Registrar of Conveyance/Assurances

The conveyance deed must be executed before the registering authority. Execution of the deed is done before the Sub-Registrar of Conveyance/Assurances of the area, official responsible under the Registration Act. Registration of the deed automatically follows the execution of sale deed. A receipt is issued immediately, but the deed is delivered a few weeks later. The name of the buyer is recorded in the new deed, showing the change in ownership. The documentation shall include: • Conveyance/Sale Deed (stamped after payment in Procedure 4) • ID of parties • Original title deed of seller • If the parties have authorized someone else through a power of attorney, the power of attorney in original with copies. The buyer will conduct post registration Procedures, such as changing the name at the utility companies, property taxation and municipal services.

6 days no cost
8 Mutation

Agency : Relevant land authority

Once the registration process is completed, and the sale deed has been collected from the registrar office, the mutation processes is carried out at the relevant land owning authority for transfer of ownership.

The mutation is the process of obtaining the new title document. A property mutation is simply the change of title ownership under certain conditions such as sale/purchase or death of an owner and even if the property is bought through a power of attorney (PoA). Through mutation, while the new owner gets the property in his name, the government is able to charge property tax from the right owner.

one week PKR 1000
TOTAL 17 days Rs 500 (fixed cost) + Property Taxes