Immovable property fund and transfer of Immovable property fund charges Abolished by DHA
Good News for DHA Plots and house Owners. DHA has abolished Immovable property fund and transfer of immovable property fund (IPF and TIP) for DHA Phase 1 to 9 town possession plots. IPF & TIP charges for houses are reduced to 1.5% of DC value,previously it was 3% of DC value.
Considering the increased tax ratio by government for buyers and sellers DHA management has decided to take this step which is a very positive move and it will definitely create a positive wave in the market for genuine buyers,builders and investors.
AoA Sir, who will pay immovable Property Fund during transfer of house in DHA Buyer or Seller.
The article about i.p.f tax is not enough, more explanation and calculations are required