- July 3, 2023
- Posted by: Muhammad Shehzad
- Category: Blogs
T and T ECHS is a contemporary housing project located in sector F-17/2, Islamabad. Situated adjacent to MPCHS Tele Gardens, this society offers luxurious living options to its residents. In this comprehensive guide, we will delve into various aspects of T and T ECHS, including the recently updated transfer fees and possession charges, providing you with all the information you need to stay up-to-date. We will also explore the available plot sizes, amenities, and annual charges associated with the society. Read on to discover more about this esteemed housing society.
This project is a modern housing project that spans sector F-17/2 Islamabad. The society is present right next to MPCHS Tele Gardens and provides a luxury living to the residents. It offers different sizes of residential and commercial plots and features all the basic and modern amenities. The majority of the blocks are already fully developed, making them frequently undergo resale and purchase.
The transfer fee is a payable amount implemented on the seller while selling the plot, as they have to transfer the ownership of the plot to the buyer and hence pay the transfer fee. The transfer fee for residential plots in T and T ECHS varies based on the plot size. Let’s explore the transfer fees for different plot sizes:
- For a 200 Sq. Yards plot, the seller has to pay a transfer fee of PKR 20,000/-. In the case of a 200 Sq. Yards house, the transfer fee is PKR 100,000/-.
- A transfer fee of PKR 27,000/- is payable for 272 Sq. Yards plots, whereas for houses, it is PKR 136,000/-.
- The transfer fee for 356 Sq. Yards plots is PKR 36,000/-, and for houses, it is PKR 178,000/-.
- For 500 Sq. Yards plots, the transfer fee is PKR 50,000/-. In the case of a house, the transfer fee amounts to PKR 250,000/-. Please note that these transfer fees are subject to change, and it is always advisable to contact T and T ECHS Housing Society for the latest fee structure.
For commercial plots, the general transfer fee in T and T ECHS is PKR 1,000 per square foot. This fee applies to the total area of the commercial plot. Additionally, for the covered area, the transfer fee is PKR 100 per square foot.
The possession fee is the amount due when society provides the possession (ownership) of a plot to the rightful owner. In T and T ECHS, the possession charges vary based on the plot size. Let’s explore the possession charges for different plot sizes:
- Possession fee for 200 Sq. Yards plots: PKR 27,000
- Possession fee for 272 Sq. Yards plots: PKR 29,000
- Possession fee for 356 Sq. Yards plots: PKR 32,000
- Possession fee for 500 Sq. Yards plots: PKR 36,000 These possession charges ensure that the rightful owners receive the ownership of their plots.
For commercial properties, including flats and shops, the possession fee in T and T ECHS is PKR 1,000 per square foot. This fee is calculated based on the total area of the commercial property and signifies the official handover of ownership.
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Apart from the transfer fees and possession charges, T and T ECHS also imposes annual charges, which are considered as tax payments to the society. Let’s explore the annual charges for residential plots:
- Annual Tax for 200 Sq. Yards plots: PKR 5,000
- Annual Tax for 272 Sq. Yards plots: PKR 5,000
- Annual Tax for 356 Sq. Yards plots: PKR 5,000
- Annual Tax for 500 Sq. Yards plots: PKR 5,000 These annual charges contribute to the maintenance and development of the society.
In conclusion, T and T ECHS Housing Society in Islamabad offers modern living standards and a wide range of residential and commercial plots. This guide provided comprehensive information about transfer fees, possession charges, and annual charges associated with the society. Whether you are looking for a residential or commercial property, this society presents a promising opportunity for luxury living and investment.
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