09 April, 2019
Important Guidelines to follow for transfer Procedure in Bahria Town Karachi
FAQ'S
Bahria Town is a well-encompassing real estate project that branches off into multiple housing projects in different cities of Karachi, Islamabad and Lahore and even though the Bahria Town Management has made investment easier on customers there is still need for investors to know the proper guidelines to follow when buying a property in Bahria Town. This transfer procedure is applicable to all Bahria Town projects regardless of city or size. In this blog, we will discuss the transfer procedure and documents required and transfer fees stipulated during the pre-investment stage.
Documents Required For Transfer of Property
- Original Allotment Letter
- Two passport size photos of buyer
- CNIC Copies of both seller & buyer (originals need to be carried along)
- NDC (No Demand Certificate)
- Bank Receipt of Transfer Fee (given by Buyer)
- Transfer Procedure of Plots and Houses in Bahria Town
- Transfer Fee Bank slip of UBL at Bahria Head Office Bahria Town Rawalpindi Phase 8
- Bank Receipt of any outstanding charges (given by Seller)
- Pay Order/ Demand Draft of balance amount
- Transfer Papers Set (prepared by Seller through his estate agent from some Stamp Seller). This includes Sale Deed, Undertaking, Membership Form etc.; readymade templates are available which are just filled with necessary details by Stamp Seller.
Transfer Procedure
A Sale Agreement is signed between Buyer & Seller (normally in the presence of estate agents who brokered a deal,) when a plot is bought. Sale Agreement outlines total sale price, Biyana (Advance Payment) and the balance amount. Also specifies date by which plot is to be transferred. Seller applies the NDC a day or two before the transfer date in Bahria Customer Support Center, known as Bahria Head Office (located in Safari Valley, Phase 8) It took 24 hours for the issuance of NDC. The transfer fee & any overdue charges against the property is Written on NDC.
- NDC is applied on a simple form (available in Customer Support Center) on which property particulars like no, phase, and registration no is written.
- NDC for Transfer Procedure in Bahria Town
- NDC is applied by the owner at least 24 hours before Transfer
- Seller signs the NDC and attaches copies of his CNIC and allotment letter and submits.
- NDC once issued is valid for 15 days.
- It is the sole responsibility of seller to timely apply for the NDC and collect it before transfer date.
- Transfer Set is prepared within a day or two before transfer date by the seller or his estate agent which normally costs Rs.500 to 800. Also, Pay Order for the balance amount is prepared by the buyer a day or two before the transfer date.
- On the day of transfer, both the parties reach Bahria Head Office. Buyer pays the transfer fee on UBL counter while seller pays for overdue charges, if any. Token is then taken from machine and wait for their turn. At this stage both seller & buyer and two witnesses sign on transfer papers and Pay Order is given to the seller.
Bahria Town Karachi Revised Transfer Fees 2019
| Bahria Town Karachi Transfer Fees Revised 2019 | ||||
| Category | Size | Fees | Death | Merger |
|
Residential Plot | 125 SQ YDS | 26,000 | 15,000 | 19,500 |
| 250 SQ YDS | 57,000 | 28,000 | 42,750 | |
| 500 SQ YDS | 82,000 | 41,000 | 61,500 | |
| 1000 SQ YDS | 163,000 | 85,000 | 122,250 | |
| 2000 SQ YDS | 280,000 | 150,000 | 210,000 | |
|
Bahria Homes | 125 SQ YDS | 95,000 | 42,000 | 71,250 |
| 200 SQ YDS | 125,000 | 63,000 | 93,750 | |
|
Apartment | 950 sq.ft | 54,000 | 35,000 | 40,500 |
| 2250 sq.ft | 95,000 | 45,000 | 71,250 | |
| 2950 Sq.ft | 145,000 | 75,000 | 108,750 | |
|
Bahria Sports City | 250 SQ YDS | 42,000 | 22,500 | 31,500 |
| 500 SQ YDS | 55,000 | 29,000 | 41,250 | |
| 1000 SQ YDS | 85,000 | 56,000 | 63,750 | |
| 350 SQ YDS | 73,000 | 50,500 | 54,750 | |
|
Bahria Golf City | 500 SQ YDS | 115,000 | 75,000 | 86,250 |
| 1000 SQ YDS | 225,000 | 115,000 | 168,750 | |
| 2000 SQ YDS | 305,000 | 150,000 | 228,750 | |
|
Bahria Paradise | 250 SQ YDS | 42,000 | 22,500 | 31,500 |
| 500 SQ YDS | 55,000 | 29,000 | 41,250 | |
| 1000 SQ YDS | 85,000 | 56,000 | 63,750 | |
| 500 SQ YDS | 73,000 | 50,500 | 54,750 | |
|
Bahria Farm Houses | 4000 SQ YDS | 410,000 | 200,000 | 305,500 |
| 6000 SQ YDS | 515,000 | 250,000 | 386,250 | |
| 8000 SQ YDS | 675,000 | 300,000 | 506,250 | |
| Ali Block | 125 SQ YDS | 32,000 | 22,000 | 24,000 |
| Iqbal Villa | 150 SQ YDS | 150,000 | 75,000 | 112,500 |
| Bahria Heights | 1100 sq.ft | 62,000 | 47,000 | 46,500 |
| Bahria Heights II | 1100 sq.ft | 83,000 | 50,500 | 62,250 |
| Quaid Block | 200 SQ YDS | 175,000 | 105,000 | 131,250 |
| Precinct 1 | 250 SQ YDS | 75,000 | 50,000 | 56,250 |
|
Bahria Heights Shops | 300 SQ FT | 132,000 | 60,000 | 99,000 |
| 350 SQ FT | 154,000 | 70,000 | 115,500 | |
|
Bahria Hills | 500 SQ YDS | 105,000 | 50,000 | 78,750 |
| 1000 SQ YDS | 195,000 | 95,000 | 146,250 | |
| 2000 SQ YDS | 340,000 | 150,000 | 255,000 | |
|
OLD Commercial | 125 SQ YDS | 250,000 | 125,000 | 187,500 |
| 200 SQ YDS | 398,000 | 150,000 | 298,500 | |
| 250 SQ YDS | 498,000 | 190,000 | 373,500 | |
| Bahria Midway Commercial | 125 SQ YDS | 375,000 | 160,000 | 281,250 |
| Jinnah Avenue Com. | 500 SQ YDS | 850,000 | 375,000 | 637,500 |
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