Connect with us

Hi, what are you looking for?

Latest Updates

CDA Makes Big Changes to Property Transfer System in Islamabad

Islamabad: The Capital Development Authority (CDA) has exempted family transfers of residential properties from the condition of a No Objection Certificate (NOC) from the Building Control Section (BCS).

The CDA Board decided to enhance the delivery of public services and also approved a summary that Member Estate submitted to it regarding amendments to the authority Property Manual.

The decision states that there is no NOC from BCS stating that the residential property is not being used in a non-conforming manner or that any building bye-laws have been broken.

The ruling would be applicable to gift agreements and transfers within families.

However, an affidavit stating that any structure built in violation of building bye-laws would be demolished within three months must be submitted to the concerned officials. 

Before a property could be transferred, the owner of a residential building was required to demolish any illegal structures. In the case of family transfers, the same restriction has since been removed.

The CDA Board decided to extend the NOC’s validity from three months to one year in a significant change to the Property Manual during the meeting it chaired under Captain (r) Muhammad Usman Younis.

The new owner of the property would have to apply for a new NOC, though.

Pavan Manzoor
Written By

Pavan Manzoor is an experienced content writer , editor and social media handler along with a track record of youth-oriented activities in Pakistan and abroad. She was selected as a fully-funded delegate as a leadership fellow in Turkey. She also led a team of 5 volunteers at the week-long Young Professionals Fellowship in Maldives. She is also a member of the Youth Standing Committee on Higher Education.

Economy

Dollar reaches all-time high in the interbank where it is being traded at Rs255. The rupee plummet a further and lowest so far in...

Economy

ISLAMABAD: The International Monetary Fund (IMF) announced sending its staff mission to Pakistan on Jan 31 for talks on the 9th quarterly review of...

Economy

WASHINGTON: The United States has reiterated that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a...

Economy

ISLAMABAD: ECC approved the increase in discretionary spending of parliamentarians to Rs90 billion, in complete disregard of the looming economic meltdown. The allocation includes...