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DHA 9 ===STAMP DUTY/CVT,

(59784)
Saturday, July 31, 2010 10:28 AM 

Dear CMY,
Refrence below from LRE Rates update,Is there any possibility in reality that PKR 900,000.00 just to pay CVT and Stamp Duty?If this is rewally the case what will be the DHA 9 future?


Please note there is confussion in market that Punjab Govt have increased the DHA 9 stamp duty and CVT tax from Rs 50000 to 4.5 lacs from July 1 2010. People are saying Punjab Govt is asking Rs 100/Sq foot for DHA 9 for stamp duty and same for CVT tax. DHA agenst association DHA Lahore and Punjab Govt in discussion to clear up things. This huge increase in Stampduty and CVT for DHA9 have halted all sale purchase and transfers for past few days.

Warm Regards,

MJ Khan replied on Sunday, August 1, 2010 03:47 PM 

I heard (pls verify yourself)there was a mistake in calculating the cost of DHA 9 file price so due to that CVT was increased. Govt. is looking into correcting its price value.
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