Property transfer procedure in Citi Housing Sialkot

Property Transfer Procedure in Citi Housing Sialkot

Have you recently purchased land or property in Citi Housing Sialkot and are wondering about how to conduct the property transfer procedure? We’ve got you covered! It’s essential to understand all property-related procedures to ensure a smooth and hassle-free transaction.

Citi Housing Sialkot is the most sought-after housing society by investors and owners given its state-of-the-art amenities, modern infrastructure, and complete provision of basic utilities. That’s why many individuals prioritize Citi Housing Sialkot when thinking of purchasing land or property.

Step-by-Step Property Transfer Procedure in Citi Housing Sialkot

The property transfer procedure in Citi Housing Sialkot, whether for a plot, house, shop, apartment, or whole building, is quite straightforward. It’s consistent across all Citi Housing Sialkot projects.

First, when the seller and buyer agree on the price, they sign a sale agreement. This can happen directly between them or through Estate/Property Dealers. The buyer pays a part of the money, called an advance or bay’ana, which is mentioned in the sale agreement. The rest of the money is paid on the date they agreed to transfer the property. Each party needs certain documents for this process.

Documents Required for Property Transfer

To ensure a smooth property transfer, you need the following essential documents:

Documents Required from Seller for Transfer of Property

• Citi Housing Sialkot allotment letter or transfer receipt (if a letter was not issued)
• Two passport-size photos of the seller
• Original CNIC of the seller
• Copy of CNIC of the seller
• Clearance Certificate from Citi Housing Sialkot Services (for houses, apartments, and shops)
• Citi Housing Sialkot NDC (No Demand Certificate)

NDC stands for No Demand Certificate. This document tells you the exact amount of the transfer fee and any other charges owed for a property in Citi Housing Sialkot. If you’re the seller, you can get this certificate by filling out a form at the Customer Support Center.

It usually takes about 48 hours for the department to give you the NDC. So, whether you’re applying on your own or through an estate agent, make sure to apply at least two days before you plan to transfer the property. Once you have the NDC, it’s good for 15 days.

Documents Required from Buyer for Transfer of Property

• Two passport-size photos of the buyer
• Original CNIC of the buyer
• Copy of CNIC of the buyer
• Copies of CNIC of the buyer’s nominee (next of kin)
• Bank deposit receipt of the transfer fee
• Bank deposit receipt of any outstanding charges

Transfer Set

A transfer set usually costs about PKR 800 to 1000 and includes the following:

• Duly filled Citi Housing Sialkot property transfer form
• CNIC copies of the seller, buyer, and nominees
• Affidavit by the seller on PKR 2000 stamp paper
• Undertaking by the buyer on PKR 100 stamp paper

Property Transfer Procedure in Citi Housing Sialkot

To complete the property transfer in Citi Housing Sialkot, the buyer and seller must go to the Citi Housing Sialkot head office or customer care center. Here are the steps they need to follow on the transfer day:

1. The buyer deposits the transfer fee at the bank counter.
2. The seller ensures that all overdue charges are cleared (if any).
3. Both parties take a token from the token machine and wait for their turn.
4. They submit all the required documents at the counter.
5. The seller signs the necessary documents before the counter person.
6. The buyer signs the required documents after the seller.
7. Both parties get photographed on the spot.
8. Two witnesses also sign the transfer papers.
9. The buyer then provides a pay order to the seller.
10. In a general transfer, the buyer gets a transfer receipt.
11. It takes about 7 to 8 days for the buyer to receive an allotment letter.

If you have any queries related to the property transfer procedure in Citi Housing Sialkot, here are the details of the head office:

Citi Housing Sialkot: Head Office/Customer Support Centre
Address: Citi Housing Head Office, A Block, Citi Housing Sialkot

Important Things to Consider in the Property Transfer Procedure in Citi Housing Sialkot

When transferring property in Citi Housing Sialkot, it’s crucial to consider the following key aspects to ensure a smooth and efficient process:

Presence of Buyer and Seller

The seller must be present during the property transfer. However, the rules for the buyer can vary. If the buyer cannot be present, they can appoint a representative with a valid Authority Letter, either on plain paper or stamped with Rs.2000, especially if the buyer is abroad. The Authority Letter needs verification by the Pakistan Embassy.

Application Form for Transfer

Complete the application form for the Transfer of Registration Fee. This form is essential for adding the No Demand Certificate (NDC) and the initial customer copy of the Booking Form. Copies of CNIC for the buyer, seller, and nominee, along with their recent photographs, are also required.

Obtaining ‘Transfer of Registration Title’ Document

After submitting the necessary documents, Citi Housing Sialkot will transfer the property to the claimant’s name, including associated liabilities, deposits, and rights as outlined in the Terms and Conditions. It’s crucial to note that this transfer specifically pertains to registration, and actual plot/home/apartment transfers will be allotted shortly. The representative or their heirs must address any document discrepancies or outstanding payments.

Citi Housing Sialkot Customer Care Centers

These centers serve as customer contact points, addressing inquiries promptly and responsively. Good customer service is key to maintaining lasting relationships. The Customer Care Centers adhere to acceptable standards and employ technology for efficient service. They operate throughout the year to handle customer inquiries. It’s important to note that not all transfers are conducted at the same office.

The Bottom Line

Transferring a house in Citi Housing Sialkot requires several documents and NOCs, including the Building NOC, NDC Document, Excise NOC, and Billing NOC. Following the complete property transfer procedure in Citi Housing Sialkot without any hassle is essential. We hope this blog has provided you with a comprehensive guide on the property transfer procedure in Citi Housing Sialkot.

FAQs

How do I transfer property in Citi Housing Sialkot?
When sellers and buyers reach a price agreement, they sign a sale agreement, facilitated either directly or through Estate/Property Dealers. The buyer pays an advance (bay’ana) specified in the agreement, with the remainder due on the agreed property transfer date.

What is NDC in Citi Housing Sialkot?
NDC stands for No Demand Certificate. It contains the exact amount of the transfer fee along with any other outstanding charges against the property in Citi Housing Sialkot.

What are the construction rules in Citi Housing Sialkot?
The rules include incorporating aluminum frames for windows on the front façade with glass, floor finishes set at 2 feet above load level, building height of 30 feet, porch level at 9 inches, and a porch depth ranging from a minimum of 12 feet to a maximum of 380 sq ft area.