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Punjab to allow property registration without PT-1

Lahore: According to a piece of recent news, to boost the country’s position on the ease-of-doing index, the government of Punjab has decided to allow registration of property without the requirement of PT-1. The process for the issuance of stamp paper will also be automated.

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Members of the public will be able to purchase stamp papers from e-khidmet centres within a few days, according to information. The government is also considering making necessary regulatory reforms to strengthen the registration process. As a result, Pakistan’s ease-of-doing-business score is predicted to increase by three points.

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The government would also seek to enhance the digitization of land registry as well as the geographic information system’s process. Furthermore, the authority of e-khidmet centres will be extended so that they will offer more resources to the general population.

For more details, visit our website Property News.

 

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