POSSESSION AND TRANSFER FEES FOR A 4, 5, AND 10-KANAL FARMHOUSE OR PLOTS IN GULBERG GREEN ISLAMABAD
The design of Gulberg Islamabad combines the unending beauty of nature with every luxury you could want. It fulfills every wish you have ever had. Gulberg Islamabad is conveniently situated within Islamabad’s verdant landscape.
There are several 7 Marla, 10 Marla, and 1 Kanal plots available that can be purchased for between 6,500,000 and 20,300,000 PKR.
The society is right next to Airport Chowk on the Islamabad Expressway, which provides beautiful, outside-accessible residential choices and business and high-yield investment choices.
Due to the frequent selling and purchase of plots, buyers and sellers alike are perplexed about the Gulberg Islamabad Plot Transfer Fee. Souqalard is aware of the necessity of understanding this fee’s significance for the efficient sale and purchase process. So, we are providing you with the most recent transfer fee.
Transfer Fee Gulberg Green Islamabad
The price charged for the transfer of residential and commercial property from the present owner to the new owner is known as the “Transfer Fee.”. The Transfer of Property Act of 1882’s main component says:
A responsible individual needs to transfer property. He or she must be an adult or someone who is not legally barred, not inebriated, and of sound mind. Property must not be transferred before the title in order is conveyed.
- Capital Gain Tax (CGT)
Filler: 2%
Non-Filler: 4%
- Capital Value Tax (CVT)
Filler: 2%
Non-Filler: 2%
- Advance Tax (AD)
Filler: 2%
Non-Filler: 7%
Possession Charges Gulberg Green Islamabad
If a man has complete control over a piece of land or if he appears to have complete power over others, he has that land or object. You will undoubtedly have a better understanding of possession, as it is one of the key components of the entire property law system. When a plot is given to its legitimate owner, possession fees are due. Gulberg Green levies fees on both residential and commercial premises, just as other well-known housing organizations do. These fees consist of the transfer fee, possession fees, and a tax the government imposed on the sale and acquisition of the property. The size and price of the property affect each of these fees differently.
| PLOT SIZE | TRANSFER FEES | POSSESSION CHARGES | TAX |
| 25×50 | 30,000 | 18,000 | CGT 1% + AD 1% (For Tax Filer) |
| 30×50 | 35,000 | 20,000 | CGT 1% + AD 1% (For Tax Filer) |
| 30×60 | 38,000 | 24,000 | CGT 1% + AD 1% (For Tax Filer) |
| 35×70 | 48,000 | 32,000 | CGT 1% + AD 1% (For Tax Filer) |
| 40×80 | 60,000 | 40,000 | CGT 1% + AD 1% (For Tax Filer) |
| 50×90 | 70,000 | 48,000 | CGT 1% + CVT 2% + AD 1% (For Tax Filer) |
| 75×120 | 115,000 | 96,000 | CGT 1% + CVT 2% + AD 1% (For Tax Filer) |
| 4 Kanal | 250,000 | 160,000 | CVT 2% + AD 1% (For Tax Filer) |
| 5Kanal | 300,000 | 200,000 | CVT 2% + AD 1% (For Tax Filer) |
| 10 Kanal | 700,000 | 400,000 | CVT 2% + AD 1% (For Tax Filer) |
EXAMINE THE LIST BEFORE SELLING AND PURCHASING THE PLOT
- Original letter of allocation
- Pictures of the vendor are attached
- Photos of the buyer are attached
- The seller’s and purchaser’s CNIC is valid
- Property sale agreement
- The final selling price
- All paid receipts
- Check for duplication in the 5 and 10 Marla plot
- Employee verification for a plot of five marlas
- Sui gas and electricity tariffs were paid.
- Any additional fees
- A receipt for the transfer fee.
- Seller is Tax Filler or Non-Filer
- CGT paid and accurate + completed form
- CVT paid, accurate, and completed form
- Advance Tax
- The CNIC number in the CPR for the CVT, CGT, and advance tax is accurate.
- The sale is indicated in the selling agreement
WHAT MAKES GULBERG GREEN ISLAMABAD A GOOD INVESTMENT?
Gulberg Islamabad real estate investment not only ensures remarkable money returns but also gives purchasers the chance to enjoy a new level of luxury and comfort. The massive development of Gulberg, which spans more than 42,000 Kanal, is regarded as a city inside a city, and with good reason. By the time its development is finished, profit potential will be greater than 100% since the location is more desirable than DHA or Bahria Town and the development standards are also of top quality. We can forecast that Gulberg will have a steady rise in its prices by looking at these historical pricing trends.
To know more, consult Souqalard. Souqalard is a well-known and rapidly expanding firm that has been operating for a while. In several societies, including Gulberg green and all illustrious developments in Islamabad and Rawalpindi, we are certified, property consultants. We provide the finest land development & construction services.
Online bookings and on-site services are both offered.
Location: Diamond Mall & Residency
Address: Main Gulberg Expy, Block B Gulberg Greens, Office # 13 & 14, Lower Ground Floor, Diamond Mall & Residency, Islamabad, Islamabad Capital Territory 46000
Hours: 11:00 a.m. till 08:00 p.m.
For appointments: Dial 0348 1119994
Website: https://www.souqalard.com/
