LAHORE: The Punjab government is introducing a digital system for all property transactions in private housing schemes. The move is part of a proposed Real Estate Regulatory Act (RERA), directed by Chief Minister Maryam Nawaz.
All dealings will be processed through a centralised platform built by the Punjab Land Records Authority (PLRA). Housing schemes will need to issue a green certificate via the system before any sale. The full process, including approvals, registration, and documentation, will go paperless.
These reforms are expected to make real estate options more secure and transparent for buyers across Punjab.
A Housing Societies Management System will also be introduced. Some sub-registrar powers will be delegated to private housing schemes to speed up registrations.
Developers have one month to switch to the new system. A facilitation cell will be set up to guide stakeholders through the transition. Compliance is mandatory.
The move is also likely to strengthen confidence in real estate investment by reducing risks linked to informal property transactions.
The reforms aim to reduce fraud, improve transparency, and bring Punjab’s largely informal property market under proper oversight. The PLRA, Board of Revenue, and Lahore Development Authority are jointly overseeing the rollout.
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