However, the new rental fees will be implemented after they are approved by the City Council. Officials expressed hope that the decision will encourage the people of Kachchi abadis to obtain leases and help the city government obtain good revenue. The decision places the rental rates of Kutchi abadis at the level of the rates set by the Sindh Kutchi Abadis Authority. Your rental prices for residential real estate in these areas will be: Sindh High Court (SHC) has ordered the registration of the sale, rental or sublease in any part of the province, unless the competent authority issues the final planning plan. According to representatives of the city`s government, the city of Nazim, Naimatullah Khan, had asked the ministry concerned to rationalize rent prices because the rates set in 1988 did not attract the inhabitants of Kutchi abadis because of their higher ceiling. At the previous hearing, the District Administration had imitated that the Building Inspection Regulations prohibited all sub-registries and registrars from registering sales, leasing or subletting contracts unless the approved completion plan was submitted. The Tribunal found that the mandatory provision of the regulation had apparently been breached by the sub-registries. He assured the Tribunal that no decision to sell, lease or sublet would henceforth be registered by a Karachi sub-registry without the presentation of the town planning plan in accordance with the building code. In accordance with the extension movement, the debtors requested an extension of the original period of 120 days, two outstanding leases related to certain storage distribution centres (the Designated Distribution Centers and associated leases, the Designated Distribution Center Leases), under which winn-Dixie Warehouse is the taker, from July 25, 2018 to October 23, 2018 including (the assumption/refusal period), including the Orlando DC Lease. Rental prices for residential land in these areas will be: Rs 50 for 1-60 square meters, Rs 100 for 61 to 80 square meters, Rs 200 for 81-120 square meters, Rs 350 for 121-210 square meters, Rs 550 for more than 241 square meters. (Sales fees for unleased land or unregured gift) KARACHI, July 25: The municipality has decided to reduce the rents of kutchi abadis in order to encourage the inhabitants of this Abadis to obtain leases for their properties. The CHS Division Bank, headed by Justice Injustice Nadeem Akhtar, ordered that no deed of sale, lease or sublease be registered by a sub-registry located in any part of the province, unless the competent authority had adopted the completion of the planning plan. CDGK District Commissioner Kutchi Abadis has submitted a memorandum to the City Council on the new rates for approval, and he will likely approve the new rental prices at his July 30 meeting.
The report filed in court by Karachi District Chancellor Ghulam Abbas Naich says three sub-registries have been suspended for registering property subletting in violation of Sindh Building Inspection Regulations. d) Industrial (Plot/Portion/Floor) i) All systems and township except Surjani Scheme ii) Surjani Scheme Permission to Mortgage /Assign Fee (Applied by owner or informed by bank) a) Residential Plot/House/Flat/Portion/Basement b) Commercial/Industrial/Industrial/plot/Shop/Office/Flat Site /Mezzanine. (on all recorded documents/documents or mutation/transmission by heredification c) Industrial land i) Nazimabad. (ii) Shah Fayçal, Qasba, Malir Ship. Rental prices for industrial and industrial products: 600 Rs for up to 150 M2, 800 Rs for 151-300 M2, 1,000 Rs for more than 301 M2. For amenities and religious grounds, the prices are Rs 240 and Rs 800 per square meter. The bank ordered the Traffic Police Chief to appear, with a full report on the measures taken to ensure traffic flow, and postponed the hearing until March 31.