LAHORE:A meeting was held at the Board of Revenue under the chairmanship of Minister for Housing Bilal Yasin to formulate laws ensuring transparency in land purchasing process.
A briefing was given on legislation aimed at preventing fraud in the real estate sector and providing relief to the public. The committee was also briefed on proposed amendments to LDA laws.
The minister said in the first phase, the property file system will be abolished in the provincial capital. All buying and selling of plots will be linked to the Housing Schemes Management System (HSMS). Local Government, Ruda, and other departments have also been directed to implement legal amendments, with expansion to other districts planned in the next phase.
The Senior Member Board of Revenue said that within 90 days, NOCs for housing societies will be issued and the reform process will be implemented. The minister directed that the institutional framework be finalised within seven days and submitted with final recommendations. He clarified that plots will now only be purchased based on verified location identification and an official letter issued by the Punjab Land Records Authority (PLRA), instead of paper-based files. With the implementation of HSMS, the buying and selling of illegal plots and benami (unregistered) files will no longer be possible.
