Lahore: According to news reports, the Punjab Board of Revenue plans to penalise illegal housing schemes and commercial ventures built on state property purchased for agricultural purposes. In addition to higher condonation fees, landowners will face fines for breaking land-use restrictions.

Read More: Punjab demarcates areas included in LCBDA’s jurisdiction

For turning government agricultural property into housing societies and commercial ventures, the government will collect fines from landowners as well as a 30% condensation tax, according to the details.

Similarly, manufacturers who bought state-owned land for industrial growth but then converted it to house constructions are expected to face monetary fines. Following the initial surveys and confirmation, the Punjab Board of Revenue will issue notices to the owners and collect penalties at market rate.

Senior Member Board of Revenue (SMBR) Babar Hayat Tarar announced on Friday that the Punjab government intends to make digitised land records available to expatriates in four nations. Initial plans called for 14 Pakistani missions to make digital land records available to Pakistanis living abroad.

Read More: Punjab forms commission for regularization of illegal housing schemes

He also stated that the digitalization of approximately 8,000 rural revenue centres is expected to be completed early next year, with 1,057 centres already digitised and another 3,000 centres set to open in November and another 3,000 by the end of January to complete the process of providing residents with digital access to land records at their doorsteps.

Stay tuned with Tajarat Property for more updates or information about the top-notch real estate projects like Blue World City or Blue World City Islamabad.