With JagahOnline’s help, finding a house for sale in Karachi is not a difficult task. With our multiple listings all over the city, finding a house for sale in Karachi is a task for just a few days as compared to months.
Now that you don’t have to worry about this, let us take your attention towards another aspect of buying property in Karachi. Registering your property.
In this blog, we will tell you all about the property registration process in Karachi.
Let’s get registered!
Documents Required for Registration in Karachi
Before going to get your property registered , make sure all the necessary documents are in place. According to the Sindh Board of Revenue, here are the following documents you must have with you while getting your property registered:
- Photocopies of CNIC (both seller and buyer)
- Title document
- Passport size photograph of seller and buyer
- Tax documents including advance tax, town tax, etc.
- Mutation for all documents (Extracted from FC.M)
Here are some of the other documents you need, that should be printed on the stamp paper separately:
- Conveyance Deed
- General Power of Attorney with Sale Consideration
- General Power of Attorney
- Mortgage Deed
- Oral Gift
- Prelease Agreement of Sale
- Sale Deed
- Sub-Lease
Process of Registering Your Property in Karachi
To get your property registered, both the buyers and the sellers need to visit the registrar’s office with stamping and paying charges against a sales deed.
We have explained the entire process of registering your property in Karachi, however, we should also mention, that the process might be a bit different when it comes to residential and commercial property registration:
Step 1
Get a sales deed or a NOC (No- Objection Certificate). You can get this from the property owner. It takes 7 days for step 1 to be completed.
Step 2
Visit the Sindh Board of Revenue’s official website. Once there, select the district, tehsil and area of the location of the property.
After selecting the relevant information, enter the property number to verify property ownership. The step gets completed within a day.
Step 3
Write a selling or purchasing agreement as per the given template on the official website.
Step 4
Pay stamp duty and registration fee. This process will be completed within a day
Step 5
After the payment is made, you will be required to pay a visit to the stamp office. This step will take a day to complete.
Step 6
This step requires you to wait, until the registrar registers and executes the deed. This step will take 3 days to complete.
The complete process takes up to a total of 14 days to complete.Keep following JagahOnline Blogs for more information. Follow us on our official Facebook page for the latest real estate market update.