Transfer of property in Islamabad is a complex procedure which requires certain documentation, payment of property tax as well as registration or transfer fee. In Islamabad, all the land registration and transfer process are being regulated by the Capital Development Authority (CDA).
If you are an Overseas Pakistani or a local resident and avoid complexities of the transfer process, you may obtain our services. We assure complete transfer process starting from documentation to the issuance of allotment letter with no delay.
Property transfers and registrations in Islamabad are handled by the Capital Development Authority (CDA). They are responsible for managing and regulating the development and transfer of properties within the jurisdiction of Islamabad Capital Territory.
Here is a step-by-step property transfer procedure in Islamabad;
The property transfer fee in Islamabad is determined by the Capital Development Authority (CDA) and is based on the value and size of the property being transferred.
Whereas, property transfer tax in Islamabad is typically calculated as a percentage of the property’s value.
The exact rate of fee and tax depends on the property’s location as well as type of the property. Both, property tax and fee in Islamabad is regulated by the Federal Board of Revenue and Capital Development Authority’s regulation.
Here is list of taxes and fees required for property transfer in Islamabad;
For Purchaser: Purchaser of the property needs to pay the following fees and tax;
For Seller: Seller of the property needs to pay the following fees and tax;
Capital gain tax is a tax imposed by the FBR on the profit you make from selling a property. When you sell a property, the capital gain is calculated by taking the difference between the selling price and the purchase price.
If the selling price is higher than the purchase price, you have a capital gain. The capital gain tax is then applied to this gain.
The specific rate of capital gain tax depends on factors such as the duration of ownership and the type of property.
It is important to note here that the seller of the property is under obligation to pay capital gain tax and the buyer is exempted.
Furthermore, it only applies on the immoveable properties such as land, house, building, flat, shop etc.
Following properties are exempted from the capital gain tax liability
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