Alerts:
Date of auction of commercial plots in E-Block of Phase-II which was to be held on 24.02.2024 has now been extended due to unavoidable reasons. Auction will now be held on 27.04.2024 at 11:00A.M in Phase-II. Interested peoples can get themselves registered upto 25.04.2024.    LAST DATE FOR PAYMENT OF DEVELOPMENT CHARGES WITH FINE OF 10% EXTENDED UPTO 02.05.2023.     MC has taken charge and work has begun on war footing. From coming week, Members who have submitted Share money by 30 June 2022 can collect Share Certificate in-person from Society office, by showing CNIC and proof of membership. New MC had promised this in their election campaign, and have started fulfilling these commitments within the first week of taking charge. May Allah bless you all.                              

Transfer Fee/Procedure

 

CHECK LIST PHASE-I

 

(HOUSE/ PLOT)

  

DOCUMENTS TO  SUBMIT/ SURRENDER BY SELLER       

  • Dues Certificate from TVO & Accounts Department      
  • Application for transfer of Plot                             
  • Copies of CNIC of witnesses             
  • Affidavit for Transfer of Plot                                         
  • Allocation Letter                                                              
  • Membership Letter & Membership Card                     
  • Possession Certificate                                            
  • Share Certificate                                                                        
  • Approved Plan                                                                
  •  No Violation Certificate (NOC)                                               

DOCUMENTS TO SUBMIT BY BUYER

  • Application for Membership                                          
  • Affidavit for Membership                                     
  • 03 Photographs/ CNIC                                        
  • Transfer Fee
  • Covered Area Charges
  • CVT, Stamp Duty and CVT Covered area
  • FBR Taxes, Revenue Taxes etc. 

 

CHECK LIST PHASE-II

DOCUMENTS TO SUBMIT/ SURRENDER BY SELLER                                                         

  • Agreement to abandon/Relinquishment plot              Form P-II/C
  • Affidavit of Seller                                                              Form P-II/F
  • Original letter if Identification/M/Ship allocation                         
  • Photocopy of CNIC                                                                                              
  • One Passport size photograph                                                                           
  • Identification/ Membership Card
  • Allocation Letter/ Re-Allocation Letter                                     

 

DOCUMENTS TO SUBMIT BY BUYER

  • Filling of Certificate given on Guidelines                      Form P-II/A
  • For Transfer Transaction                                                  Form P-II/B
  • Transfer application of Buyer                                          Form P-II/E
  • Undertakings                                                                                                         
  • Three passport size photographs                                                                      
  • Photocopy of CNIC                                                                                              
  • Transfer fee                                                 
  • Membership fee                                         

 

DETAIL OF FEE NFC-ECHS PHASE-I

 

TYPE OF TAX

02-Kanal

01-Kanal

10-Marla

05-Marla

Commercial

DC Value

Rs. 320,000/- PER MARLA

Rs. 510,000/- PER MARLA

FBR Value (Old)

Rs. 302,150/- PER MARLA

Rs. 526,250/- PER MARLA

5% Stamp Duty

640,000

320,000

160,000

80,000

 

Stamp Duty (Covered Area House)

Rs.44/- PER SQFT

Rs.71.5/- PER SQFT

TMA

128,000

64,000

32,000

16,000

5,100 PER MARLA

Transfer Fee

180,000

90,000

45,000

25,000

90,000

Transfer Fee (Gift)

50,000

30,000

17,000

9,000

30,000

Covered Area (Transfer Fee House)

Rs.8/- PER SQFT

-

Possession Charges

8,000

4,000

3,000

2,000

4,000

Scrutiny Fee

5,000

3,000

1,500

1,000

3,000

Sewerage Charges

2,500

2,500

2,500

2,500

2,500

Malba Charges

30,000

20,000

15,000

10,000

20,000

Duplicate Allocation Letter

3,000

3,000

3,000

3,000

3,000

Tractor Charges (Cleaning of Plot)

2,000

2,000

2,000

2,000

2,000

Maintenance Charges w.e.f. 01.07.2011

4,800/- Per Annum

3,480/- Per Annum

2,880/- Per Annum

1,920/- Per Annum

3,840/- Per Annum

Water Bill Per Month

1,375

1,013

732

425

1,500

Booking of Park

10,000

10,000

10,000

10,000

10,000

With Holding Tax 236-C

Filer

Tax for Residential Plot @ 1% on FBR value presently Rs. 302,150/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 1% on FBR value presently Rs. 526,250/- or DC Value presently Rs. 510,000/- Per Marla whichever is higher.

Payable by Seller (Filer 1%)

128,000

64,000

32,000

16,000

5,263

Non-Filer

Tax for Residential Plot @ 2% on FBR value presently Rs. 302,150/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 2% on FBR value presently Rs. 526,250/- or DC Value presently Rs. 510,000/- Per Marla whichever is higher.

Payable by Seller (Non-Filer 2%)

256,000

128,000

64,000

32,000

10,524

With Holding Tax 236-K

Filer

Tax for Residential Plot @ 2% on FBR value presently Rs. 302,150/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 2% on FBR value presently Rs. 526,250/- or DC Value presently Rs. 510,000/- Per Marla whichever is higher.

Payable by Purchaser (Filer 2%)

256,000

128,000

64,000

32,000

10,525

Non-Filer

Tax for Residential Plot @ 4% on FBR value presently Rs. 302,150/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 4% on FBR value presently Rs. 526,250/- or DC Value presently Rs. 510,000/- Per Marla whichever is higher.

Payable by Purchaser              (Non-Filer 4%)

512,000

256,000

128,000

64,000

21,050

With Holding Tax 236-W

3% on differential value between DC Value and FBR Value

NOC from Excise & Taxation Department to be provided by seller.

 

 DETAIL OF FEE NFC-ECHS PHASE-II

 

TYPE OF TAX

02-Kanal

01-Kanal

10-Marla

05-Marla

Commercial

DC Value

Rs. 150,000/- PER MARLA

Rs. 320,000/- PER MARLA

FBR Value (Old)

Rs. 145,750/- PER MARLA

Rs. 298,500/- PER MARLA

5% Stamp Duty

-

150,000

75,000

37,500

16,000/- PER MARLA

TMA

-

30,000

15,000

7,500

3,200/- PER MARLA

Transfer Fee

-

30,000

16,000

9,000

30,000

Transfer Fee (Gift)

-

7,000

3,500

2,500

7,000

Masjid Fund

-

15,000

10,000

5,000

15,000

Possession Charges

-

-

-

-

6,000

Duplicate Allocation Letter

-

3,000

3,000

3,000

3,000

With Holding Tax 236-C

Filer

Tax for Residential Plot @ 1% on FBR value presently Rs. 145,750/- or DC Value presently Rs. 150,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 1% on FBR value presently Rs. 298,500/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Payable by Seller (Filer 1%)

-

30,000

15,000

7,500

3,200/- Per Marla

Non-Filer

Tax for Residential Plot @ 2% on FBR value presently Rs. 145,750/- or DC Value presently Rs. 150,000/- Per Marla whichever is higher.

Tax for Commercial Plot @ 2% on FBR value presently Rs. 298,500/- or DC Value presently Rs. 320,000/- Per Marla whichever is higher.

Payable by Seller (Non-Filer 2%)

-

60,000

30,000

15,000

6,400/- Per Marla

With Holding Tax 236-K

Above 4 Million

With Holding Tax 236-W

3% on differential value between DC Value and FBR Value

NOC from Excise & Taxation Department to be provided by seller.

NOTE:

TRANSFER DOCUMENTS SET IS AVAILABLE  ON PAYMENT FROM SOCIETY OFFICE.

 

 

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