Park View City Tax, Transfer Fee, and Possession Charges
Similar to other leading housing societies, Park View City also implements some charges on residential and commercial properties. These charges include the transfer fee, possession charges, and government implemented a tax on the sale and purchase of the property. All of these charges differ by size and the value of the property.
Following are the latest prices of tax, transfer fee, and possession fee:
Transfer Fee
Transfer Fee is the fee implemented for the transfer of residential and commercial property from the current owner to the new owner.
| Plot Size | Plot Type | Transfer Fee |
|---|---|---|
| 3.5 Marla | Residential | 45,000 |
| 5 Marla | Residential | 61,000 |
| 8 Marla | Residential | 76,000 |
| 10 Marla | Residential | 91,000 |
| 1 Kanal | Residential | 151,000 |
| 2 Kanal | Residential | 300,000 |
| 5 Marla | Villas | 166,000 |
| 10 Marla | Villas | 251,000 |
| 3.5 Marla | Commercial | 181,500 |
| 6 Marla | Commercial | 301,000 |
| 8 Marla | Commercial | 421,000 |
Possession Charges
Possession charges are due when the possession of a plot is allotted to the rightful owner.
| Plot Size | Plot Type | Possession Charges |
|---|---|---|
| 5 Marla | Residential | 150,000 |
| 8 Marla | Residential | 175,000 |
| 10 Marla | Residential | 200,000 |
| 1 Kanal | Residential | 300,000 |
| 2 Kanal | Residential | 400,000 |
| 3.5 Marla | Commercial | 550,000 |
| 6 Marla | Commercial | 900,000 |
| 8 Marla | Commercial | 1,200,000 |
Park View City Tax
Sale and purchase tax is the amount implemented by the government.
Following are the residential tax charges for active taxpayers:
| Type of Tax Payer | 5 Marla | 8 Marla | 10 Marla | 1 Kanal | 2 Kanal |
|---|---|---|---|---|---|
| Active Tax Payer 2% Rates | 3,750,000 | 6,000,000 | 7,500,000 | 15,000,000 | 30,000,000 |
| Seller (U/s 235C-sold withing 4 years) | 75,000 | 120,000 | 150,000 | 300,000 | 600,000 |
| Purchaser-U/s 236C | 75,000 | 120,000 | 150,000 | 300,000 | 121,000 |
| Sales Tax Charges | 15,130 | 24,208 | 30,250 | 60,500 | 121,000 |
| Stamp Duty Deduction | 10,190 | 16,304 | 20,260 | 20,370 | 20,370 |
| Total | 100,320 | 160,512 | 200,610 | 380,870 | 741,370 |
Following are the commercial tax charges for active taxpayers:
| Type of Tax Payer | 3.5 Marla | 5 Marla | 6 Marla | 8 Marla | 1 Kanal |
|---|---|---|---|---|---|
| Active Tax Payer 1% Rates | 5,250,000 | 7,500,000 | 9,000,000 | 12,000,000 | 30,000,000 |
| Seller (U/s 235C-sold withing 4 years) | 105,000 | 150,000 | 180,000 | 240,000 | 600,000 |
| Purchaser-U/s 236C | 105,000 | 150,000 | 180,000 | 240,000 | 600,000 |
| Sales Tax Charges | 10,591 | 15,130 | 18,150 | 24,200 | 60,500 |
| Stamp Duty Deduction | 7,130 | 10,190 | 12,220 | 16,300 | 40,7272 |
| Total | 122,721 | 175,320 | 210,370 | 280,500 | 701,227 |
Following are the residential tax charges for inactive taxpayers:
| Type of Tax Payer | 5 Marla | 8 Marla | 10 Marla | 1 Kanal | 2 Kanal |
|---|---|---|---|---|---|
| In-active Tax Payer 5% Rates | 3,750,000 | 300,0006,000,000 | 75,000,000 | 15,000,000 | 30,000,000 |
| Seller (U/s 235C-sold withing 4 years) | 187,500 | 300,000 | 375,000 | 750,000 | 1,500,000 |
| Purchaser-U/s 236C | 187,500 | 300,000 | 375,000 | 750,000 | 1,500,000 |
| Sales Tax Charges | 15,130 | 24,208 | 30,250 | 60,500 | 121,000 |
| Stamp Duty Deduction | 10,190 | 16,304 | 20,360 | 20,370 | 20,370 |
| Total | 212,820 | 340,512 | 425,610 | 830,870 | 1,641,370 |
Following are the commercial tax charges for inactive taxpayers:
| Type of Tax Payer | 3.5 Marla | 5 Marla | 6 Marla | 8 Marla | 1 Kanal |
|---|---|---|---|---|---|
| Inactive Tax Payer 5% Rates | 5,250,000 | 7,500,000 | 9000,000 | 12,000,000 | 30,000,000 |
| Seller (U/s 235C-sold withing 4 years) | 262,500 | 375,000 | 450,000 | 600,000 | 1,500,000 |
| Purchaser-U/s 236C | 262,500 | 375,000 | 450,000 | 600,000 | 1,500,000 |
| Sales Tax Charges | 10,591 | 15,130 | 18,150 | 24,200 | 60,500 |
| Stamp Duty Deduction | 7,130 | 10,190 | 12,220 | 16,300 | 40,727 |
| Total | 280,221 | 400,320 | 4,80,370 | 640,500 | 1,601,227 |
Park View City is a leading housing society in the twin cities that offers excellent residential and commercial opportunities. Contact us for getting your own plot at Park View City, you can contact us on the following number: 0333 0166664, send us an email at marketing@manahilestate.com, or visit our office!
