The CDA's decision was made during its third board meeting, which included key officials such as Member Admin Asfandyar Baloch and Member Finance & Planning Muhammad Umair. The reduction in transfer fees is expected to encourage investment in the housing market and directly benefit citizens involved in buying and selling properties. Chairman Ashraf emphasized the need to broaden the tax base rather than increasing property taxes, indicating a strategic shift in fiscal policy.
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CDA Reduces Islamabad Property Transfer Fees from 3% to 1%
67% NEUTRAL
On April 9, 2026, the Capital Development Authority (CDA) announced a significant reduction in property transfer fees in Islamabad from 3% to 1% of the property's value. This decision, led by Chairman Sohail Ashraf, aims to stimulate investment and provide financial relief to citizens engaged in real estate transactions.
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PRpropakistani.pk
TLtribune.com.pk
PKpkrevenue.com
CDcda.gov.pk