All Charges of Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia and Orchards

All Charges of E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, ROC

Different charges are applicable on the property of any housing society whether government or private those customers have to pay. In this article, we will give you information about all the charges for several housing societies operating in Islamabad. On this page, you will find the transfer fee, possession charges, G.S.T, and annual charges payable by sellers, buyers, and owners of the property.

Resale is happening on daily basis in Sector E-11 and E-11/3 as well as other housing societies spanning over sectors including F-17 Tele Gardens, B-17 Multi Gardens, and Multi Residencia and Orchards housing society. Therefore, it is important to stay updated with all the charges, so you are aware of the amounts you’ll have to pay if you are selling, buying, or holding property in any of the mentioned housing societies and sectors.

For your maximum convenience, we have collected the transfer fee, gross sales tax, annual fee, and possession charges and displayed them here, on this page.

Transfer Fee

The transfer fee is also known as the seller fee and it is the amount that you, as a seller have to pay to transfer the ownership of your property to the buyer. Different areas, sectors, and housing societies have different amounts of transfer fees. However, in this scenario, it is the same for all of the mentioned places.

Transfer fee for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia and Orchards

The transfer fee for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia, and Orchards is PKR 50 per square foot. For calculation, you can convert the sizes of your plot/home/property and multiply the total square foot by 50, you’ll get the total transfer fee. But for your ease, we have calculated it and displayed it below:

5 Marla transfer fee: PKR 6,950
7 Marla transfer fee: PKR 10,000
10 Marla transfer fee: PKR 13,600
1 Kanal transfer fee: PKR 17,750
2 Kanal (50*90) transfer fee: PKR 25,000
2 Kanal (75*120) transfer fee: PKR 50,000

Possession Charges

Every housing society demands a fixed amount of payment from the members to grant them possession of their property, this payment is called possession charges. These are demanded by the societies, generally, when the plots are ready for construction.

Possession Charges for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia and Orchards

Possession charges for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia, and Orchards can also be calculated easily, but we have saved your efforts and provided total possession charges against all the plot sizes in these housing projects. For these societies/sectors, possession charges are PKR 90 per square foot.

Following are the total possession charges:

5 Marla possession charges: PKR 12,510
7 Marla possession charges: PKR 18,000
10 Marla possession charges: PKR 24,480
1 Kanal possession charges: PKR 31,950
2 Kanal (50*90) possession charges: PKR 45,000
2 Kanal (75*120) possession charges: PKR 90,000

Gross Sales Ta (G.S.T)

Gross sales tax is a payment that has to be submitted to the government in case of the sale of a property. G.S.T is determined by the current sale value of a property.

G.S.T for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia and Orchards

G.S.T is PKR 100 per square foot for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia, and Orchards.

Following the total G.S.T against all plot sizes of the mentioned societies:

5 Marla gross sales tax: PKR 13,900
7 Marla gross sales tax: PKR 20,000
10 Marla gross sales tax: PKR 27,200
1 Kanal gross sales tax: PKR 35,500
2 Kanal (50*90) gross sales tax: PKR 50,000
2 Kanal (75*120) gross sales tax: PKR 100,000

Advance Tax

Annual Charges are demanded by government organizations such as FBR. It is implemented on immovable properties including plots, houses, apartments, or commercial property. The total income/profit generated by the property is calculated and annual charges are applied accordingly.

Advance Tax on Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia and Orchards

There is a fixed percentage of annual charges/tax for property owners; it is divided into two parts, filers, and non-filer. Filers are registered taxpayers with the Federal Board of Revenue (FBR) and they get tax benefits as compared to non-filers.

Following is the advance tax for filers and non-filers:

Advance Tax on Seller

Filer: 2% advance tax
Non-filer: 7% advance tax

Advance Tax on Buyer

Filer: 2% advance tax
Non-filer: 4% advance tax

Conclusion

So, here were the transfer fee, possession charges, gross annual tax, and advance tax for Sector E-11, E11/3, F-17 Tele Gardens, B-17 Multi Gardens, Multi Residencia, and Orchards. We hope you have gathered a considerable amount of information on this page. You can save this page for later and come back for the latest prices of these charges whenever you need them.

We provide you with authentic and worthy investment and building advice and also different housing projects for all budgets. Kindly, get in touch with us if you need any information about any of the mentioned projects.