Property registrations for residential and commercial properties have resumed across Rawalpindi Division after remaining suspended for a month. The new deputy commissioner has retained the previous financial year's property valuation rates for 2026-27, a move welcomed by property dealers. Property registrations in Rawalpindi city, cantonment and adjoining areas have resumed through biometric verification and the online system using the existing official rates.
However, advance tax, capital gains tax and registration processing fees have been increased. Officials estimate that the month-long suspension of property registrations caused the government a loss of around Rs1.5 billion. Under the revised fee structure, stamp duty remains one per cent of the property's total value, corporation tax one per cent, cantonment board tax three per cent, Punjab Land Revenue Authority services tax Rs3,800, registration fee Rs1,000, comparison fee Rs500, advance tax 10.5pc for non-filers and 1.25pc for filers The new structure requires capital gains tax of 11.5pc for non-filers and 2.75pc for filers, property record issuance fee Rs800, express property record fee Rs3,500, mutation fee Rs1,100, express mutation fee Rs11,200, and certified copy of a registered deed Rs1,300.
Biometric verification of both buyer and seller has been made mandatory. The upgraded online registration system will become fully operational from Monday, July 27. Stamp Vendors Union Patron Waheed Awan and Secretary General Mudassar Sheikh said the DC rates had been issued without any increase over last year's valuation.
They said buyers would benefit from unchanged official property values, although increases in taxes, Green Property Certificate charges and processing fees would raise registration expenses by Rs30,000 to Rs50,000 for residential properties and Rs50,000 to Rs125,000 for commercial properties. Property registration offices and tehsil offices have regained activity with the resumption of registrations. box Excise yet to prepare property tax bills OUR CORRESPONDENT RAWALPINDI.
The Excise, Taxation and Narcotics Control Department has yet to prepare property tax bills for the 2026-27 fiscal year despite July nearing its end, delaying the dispatch of bills to taxpayers across Rawalpindi Region. The department has already increased property tax rates by 10 to 15 per cent, but officials said th…
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