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Frequently Ask Questions
- Stamp duty is payable on transfer in Sindh and a gift deed is treated differently from a sale. Transfers between close blood relatives are usually taxed more lightly than an ordinary sale, but the exact position depends on how the deed is worded and how the property is valued. We will tell you what applies to your specific transfer before you commit to anything.
For most sales: the original title document or allotment letter, the previous transfer or sale deed, a copy of your CNIC, the latest paid utility bills and a no demand certificate from the society or development authority. If the property is inherited or jointly owned, we will also need the succession certificate or the written consent of the other owners. We give you the full list in writing at the start so nothing surfaces late.
Usually the same working day, and by the next morning at the latest. If your inquiry is about a specific listing, mention the property in your message and we will have the details in front of us when we call.
Carpet area is the usable floor space inside your walls, which is what you can actually put furniture on. It is smaller than the covered area, which includes the walls themselves, and smaller again than the super built-up area, which adds a share of common spaces like stairs and lobbies. Prices are often quoted on the largest of the three, so always ask which one a figure refers to before comparing two properties.
Capital gains tax on property depends mainly on how long you have held it and on your filer status, with the rate reducing over the holding period. Filers pay considerably less than non-filers on the same transaction. Because the thresholds are revised regularly, we work out your likely liability against the current year’s rules before you list.
- Anyone who gives you a number before seeing the property is guessing. Returns vary by area, by category, and by how long you plan to hold, and a plot in a developing scheme behaves nothing like a rented apartment. What we can do is show you what comparable properties in that area have actually done over the past few years, and be honest about the risks attached to each option. Tell us your budget and your timeline and one of our team will walk you through it.