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CDA Made Changes for Property Transfer Requirements in Islamabad

CDA Made Changes for Property Transfer Requirements in Islamabad

CDA (Capital Development Authority) has freed the families in Islamabad from the condition of acquiring a Non-Objection Certificate from the Building Control Directorate (BCD) for property transfer. Plus, this decision will only be applicable to the gifted property and transfers within the families.

Authorities took a step in improving public services. In this regard, CDA approved a summary submitted by Member Estate regarding amendments in Property Manual.

It is a considerable ease for the residents of the capital as it saves them from the complicated and sophisticated documentation process. Plus, the transferring process took way longer in the case of the NOC acquisition.

The decision is based on the supporting fact that no NOC from BCD stated a law violation from residential property owners.

Also Read: 5 Tips to Mitigate Risk in Real Estate Investment

Further Conditions from CDA

  • The residents must provide an affidavit declaring that the structure will be demolished within three months in case of by-laws violation.
  • The property owners are required to remove the illegal structure/ part of the structure before its transfer.
  • The validity of NOC has increased from three months to one year. But the next property owner will have to apply for the new NOC.

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