Green Property Certificate mandatory now - What’s new for buyers, sellers

Punjab makes Green Property Certificate mandatory for property deals. File photo
Punjab makes Green Property Certificate mandatory for property deals. File photo
(Web Desk): Punjab has marked Green Property Certificate is mandatory for all land and property deals across the province. What should buyers and sellers know now?

New rule introduced for safer property deals

The new rule is aimed at improving transparency and legal safety in real estate. The government has introduced this requirement to strengthen verification in property transactions. It will now be necessary before any sale, purchase, or transfer is completed.

Certificate requirement and concessional fee

According to the Punjab Land Records Authority, the certificate must be obtained before finalizing any deal. For a limited time, it is being offered at a concessional fee of Rs900.

Application process explained

Officials said the process begins when applicants submit a request through the PLRA system. They must provide all required details and complete the payment before checks start.

Detailed verification system

The verification process carefully examines ownership and identity of all parties involved. It also reviews legal records, taxes, loans, and any disputes linked to the property.

Field checks and digital confirmation

Authorities also conduct field checks to confirm the actual status of the property. Digital records are cross-checked to ensure all information is accurate and consistent.

Issuance after full clearance

Officials said the certificate will only be issued after full verification is completed. It will confirm that the property is legally clear and safe for transaction.

Government’s goal behind the move

The government believes this move will reduce fraud in the property sector. It also aims to build trust and improve documentation across Punjab’s real estate market.

Impact on buyers and sellers

This rule will make property deals safer. People may face extra steps but get more protection. Fraud cases can decrease with proper checks. Trust in property market may improve slowly.

Read more: Big win for home buyers, property relief announced

Read more: Property owners get major relief as stamp duty slashed to 1%

 

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