{"id":58547,"date":"2019-12-10T17:13:10","date_gmt":"2019-12-10T17:13:10","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58547"},"modified":"2020-01-28T11:51:30","modified_gmt":"2020-01-28T11:51:30","slug":"kda-bar-agents-involvement-property-matters","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kda-bar-agents-involvement-property-matters.html","title":{"rendered":"KDA to bar agents\u2019 involvement in property matters"},"content":{"rendered":"<p>Karachi: The Karachi Development Authority (KDA) has decided to do away with the city\u2019s traditional agent-and-broker system in an effort to curb agents\u2019 involvement in people\u2019s property-related matters \u2013 and to streamline the authority\u2019s services-delivery process, according to news sources.<\/p>\n<p>As per the going practice, people visiting the KDA office tend to seek assistance from agents to process all their real estate documentation work; for a fee ranging from PKR 7,000 to PKR 25,000. These brokers, many of whom continue to be stationed outside the authority\u2019s official Civic Centre site location, thereafter take up to three days to get their commissioned work done.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/application-forms-kda-low-cost-projects-available-banks.html\" target=\"_blank\" rel=\"noopener noreferrer\">Application forms for KDA low-cost projects available in banks<\/a><\/p>\n<p>Their offered services include providing facilitation for the processing of property transfers\/mutations, leases, certified copies, rectifications of plot leases, and no-objection certificates (NOCs) for plot subleases.<\/p>\n<p>The KDA Director General, however, has now issued directives to all <a href=\"https:\/\/www.zameen.com\/news\/kda-staff-directed-to-collect-advance-tax-on-property-transactions.html\" target=\"_blank\" rel=\"noopener noreferrer\">authority officials <\/a>to refrain from entertaining any applications brought in by agents.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/kda-to-have-land-auction-committee.html\" target=\"_blank\" rel=\"noopener noreferrer\">KDA to have land auction committee<\/a><\/p>\n<p>Furthermore, the authority plans to provide formal licenses to agents and brokers against the payment of a deposit fee; should they wish to continue aiding people (their clients) who cannot visit its office on multiple occasions or within working hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Karachi Development Authority (KDA) has decided to do away with the city\u2019s traditional agent-and-broker system in an effort to curb agents\u2019 involvement in people\u2019s property-related matters \u2013 and to streamline the authority\u2019s services-delivery process, according to news sources. As per the going practice, people visiting the KDA office tend to seek assistance from agents to process all their real estate documentation work; for a fee ranging from PKR 7,000 to PKR 25,000. These brokers, many of whom continue to be stationed outside the authority\u2019s official Civic Centre site location, thereafter take up to three days to get their commissioned work done. Read:\u00a0Application forms for KDA low-cost projects available in banks Their offered services include providing facilitation for the processing of property transfers\/mutations, leases, certified copies, rectifications of plot leases, and no-objection certificates (NOCs) for plot subleases. The KDA Director General, however, has now issued directives to all authority officials to refrain from entertaining any applications brought in by agents. Read:\u00a0KDA to have land auction committee Furthermore, the authority plans to provide formal licenses to agents and brokers against the payment of a deposit fee; should they wish to continue aiding people (their clients) who cannot visit its office&hellip;<\/p>\n","protected":false},"author":75,"featured_media":41500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[14369],"persona":[],"class_list":["post-58547","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legal-taxation","tag-details-on-kda-to-bar-agents-involvement-in-property-matters","cat-15015-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KDA to bar agents\u2019 involvement in property matters - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Karachi Development Authority (KDA) has decided to do away with the city\u2019s traditional agent-and-broker system in an effort to curb agents\u2019\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kda-bar-agents-involvement-property-matters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KDA to bar agents\u2019 involvement in property matters - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Karachi Development Authority (KDA) has decided to do away with the city\u2019s traditional agent-and-broker system in an effort to curb agents\u2019\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kda-bar-agents-involvement-property-matters.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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