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Pakistan » The Purchase Process

When someone decides to purchase property in Pakistan, he has to follow certain rules;

There are two types of properties in Pakistan; one is private property and the other is property of different organizations operating under the government of Pakistan such as LDA, FDA, KDA, as well as Housing schemes.

The system of purchasing private property is that the buyer selects the property and gets information from the owner and then checks and confirm the Khusra no. (confirmation of existence of the plot) as well as Intaqual (transfer letter) from Patwari (government staff who has complete record of lands located under a specific area) working under Tehseel Dar (council officer). After getting this information the buyer then negotiates with the owner of the property and finalizes the price and pays a certain amount as token money.

After some days as per agreement the buyer pays the remaining amount to the owner of the property in the presence of two witnesses and a registrar who provides the registry and transfer letter to the buyer.

In the category of official properties the buyer selects the property and checks the documents from the relevant government offices, after getting the information the buyer pays good will money to the owner of the property.

In most cases brokers are involved for the settlement of the properties after finalizing the price. Both the parties (buyer and seller), pay 2% per 100,000 to the broker.