{"id":65097,"date":"2019-08-16T10:59:26","date_gmt":"2019-08-16T10:59:26","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=65097"},"modified":"2021-02-01T08:43:38","modified_gmt":"2021-02-01T08:43:38","slug":"differences-between-registry-inteqal","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/differences-between-registry-inteqal.html","title":{"rendered":"How Registry Differs from Inteqal?"},"content":{"rendered":"\n

If you\u2019re interested in buying property in Pakistan, then you\u2019ll have to take one extra step and learn all the local terminologies used by seasoned investors to close a deal and take care of all the prerequisite procedures associated with the sale and transfer of a property. The two key terms that you must understand in this regard are registry and inteqal. While the terms seem daunting, we\u2019re here to help you understand the differences between registry and inteqal, so you know when to go for which one or whether you need to complete both after finalising a deal. <\/p>\n\n\n\n

So, what is a registry, and what is inteqal? Let\u2019s discover the differences! <\/p>\n\n\n\n

What is Registry?<\/h2>\n\n\n\n
\"Contracts
Registry documents the sale of a Property<\/figcaption><\/figure>\n\n\n\n

Irrespective of whether you\u2019re buying a plot in Islamabad<\/a> or a house in Karachi<\/a>, the process of buying property remains the same. You research the market, visit all the potential homes that catch your eye, and finally decide on the one that you want as your future abode. So, what\u2019s next? <\/p>\n\n\n\n

Well, in most cases, you will then end up talking to the seller, and finalising the deal. As is customary with real estate transactions, they\u2019re usually done on paper to ensure that they are legally viable if you need to prove your ownership at a later date.<\/p>\n\n\n\n

This particular process of creating a sale deed, claiming legal rights on a property via proof of ownership, and registering a sale under your name is known as Registry or Bay-e-Nama.<\/p>\n\n\n\n

You May Also Like: PM Introduces the \u2018Letters of Administration and Succession Certificates\u2019 Initiative<\/a><\/strong><\/p>\n\n\n\n

Process of Property Registration in Pakistan<\/h3>\n\n\n\n

Now that you know what is a registry, let\u2019s discuss how you can apply for it. As per the State Bank of Pakistan, the process of property registration in Pakistan involves the following steps:<\/p>\n\n\n\n