Business

New property transfer fee announced for March 2025

Published by
Staff Reporter

PESHAWAR: In a recent development, the Peshawar Development Authority (PDA) has drastically increased the new fee structure for all commercial and residential property transfer fees in Peshawar, Khyber Pakhtunkhwa.

The move aims to generate higher public revenue, which will, however, put extra pressure on the public while also disrupting the property business.

Plots Transfer Rates March 2025 Update

As per the revised rates, the transfer fee for a three-marla residential plot will now be doubled to Rs22,500 from its earlier status of Rs11,250.

Similarly, in the case of a transfer fee for up to 7-marla plots, it has been fixed at Rs63,000 as compared to its previous rate of Rs31,500. For larger plots which come under up to 2-Kanal, the transfer price is now Rs312,000 instead of Rs156,000.

Commercial properties are also subjected to the increased transfer fee with an increase to Rs1.2 million from Rs600,000 for one Kanal commercial plot transfer. Furthermore, the transfer fee for shops has been increased to Rs600 per square foot from Rs300.

Staff Reporter

Recent Posts

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

10 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

11 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

12 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

13 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

13 hours ago

SBP announces two bank holidays

ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…

14 hours ago