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Park View City Tax, Transfer Fee, and Possession Charges

Park View City tax possession charges tax banner

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 SizePlot TypeTransfer Fee
3.5 MarlaResidential45,000
5 MarlaResidential61,000
8 MarlaResidential76,000
10 MarlaResidential91,000
1 KanalResidential151,000
2 KanalResidential300,000
5 MarlaVillas166,000
10 MarlaVillas251,000
3.5 MarlaCommercial181,500
6 MarlaCommercial301,000
8 MarlaCommercial421,000

Possession Charges

Possession charges are due when the possession of a plot is allotted to the rightful owner.

Plot SizePlot TypePossession Charges
5 MarlaResidential150,000
8 MarlaResidential175,000
10 MarlaResidential200,000
1 KanalResidential300,000
2 KanalResidential400,000
3.5 MarlaCommercial550,000
6 MarlaCommercial900,000
8 MarlaCommercial1,200,000

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 Payer5 Marla8 Marla10 Marla1 Kanal2 Kanal
Active Tax Payer 2% Rates3,750,0006,000,0007,500,00015,000,00030,000,000
Seller
(U/s 235C-sold withing 4 years)
75,000120,000150,000300,000600,000
Purchaser-U/s 236C75,000120,000150,000300,000121,000
Sales Tax Charges15,13024,20830,25060,500121,000
Stamp Duty Deduction10,19016,30420,26020,37020,370
Total100,320160,512200,610380,870741,370

Following are the commercial tax charges for active taxpayers:

Type of Tax Payer3.5 Marla5 Marla6 Marla8 Marla1 Kanal
Active Tax Payer 1% Rates5,250,0007,500,0009,000,00012,000,00030,000,000
Seller
(U/s 235C-sold withing 4 years)
105,000150,000180,000240,000600,000
Purchaser-U/s 236C105,000150,000180,000240,000600,000
Sales Tax Charges10,59115,13018,15024,20060,500
Stamp Duty Deduction7,13010,19012,22016,30040,7272
Total122,721175,320210,370280,500701,227

Following are the residential tax charges for inactive taxpayers:

Type of Tax Payer5 Marla8 Marla10 Marla1 Kanal2 Kanal
In-active Tax Payer 5% Rates3,750,000300,0006,000,00075,000,00015,000,00030,000,000
Seller
(U/s 235C-sold withing 4 years)
187,500300,000375,000750,0001,500,000
Purchaser-U/s 236C187,500300,000375,000750,0001,500,000
Sales Tax Charges15,13024,20830,25060,500121,000
Stamp Duty Deduction10,19016,30420,36020,37020,370
Total212,820340,512425,610830,8701,641,370

Following are the commercial tax charges for inactive taxpayers:

Type of Tax Payer3.5 Marla5 Marla6 Marla8 Marla1 Kanal
Inactive Tax Payer 5% Rates5,250,0007,500,0009000,00012,000,00030,000,000
Seller
(U/s 235C-sold withing 4 years)
262,500375,000450,000600,0001,500,000
Purchaser-U/s 236C262,500375,000450,000600,0001,500,000
Sales Tax Charges10,59115,13018,15024,20060,500
Stamp Duty Deduction7,13010,19012,22016,30040,727
Total280,221400,3204,80,370640,5001,601,227

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!

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