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Home › High-Rises › The Magnus Mall › CDA & IBECHS NOC
Market Rate Stamped: October 2026
🏛️ Legal Title & Sub-Lease Transfer Dossier

CDA & IBECHS NOC Transfer SOP
in The Magnus Mall

Forensic verification of statutory approvals, biometrically governed title conveyance at IBECHS Head Office, and statutory fiscal obligations under FBR Section 236C and 236K.

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Approval Authority

CDA & IBECHS Society

Sanctioned under Gulberg master commercial high-rise bylaws.

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Plot Title

Plots 26 & 27 D-Markaz

Commercial D-Markaz frontage along 220ft Main Gulberg Expressway.

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Transfer Protocol

Registered Sub-Lease

Executed at IBECHS Head Office with biometric thumb registration.

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Title Encumbrance

100% Freehold / Clean

No banking institutional lien, litigation, or mortgaged encumbrance.

LEGAL & CORPORATE HEADQUARTERS Verified Regulatory Compliance
The Magnus Mall executive reception lobby Gulberg Islamabad verified October 2026
GPS Coordinates: 33.5906° N, 73.2114° E — The Magnus Mall, Plot No. 26 & 27, Commercial D-Markaz, Main Gulberg Expressway, Gulberg Residencia / Greens, Islamabad.
Direct Intelligence Summary

Is The Magnus Mall approved by CDA and how is ownership transferred?

The Magnus Mall is fully sanctioned by the Capital Development Authority (CDA) and IBECHS Society on commercial Plots 26 & 27, D-Markaz Gulberg Residencia. Ownership transfer is executed biometrically at IBECHS Head Office upon developer NDC clearance, settlement of FBR Section 236C/236K taxes, and issuance of registered sub-lease deeds.

1. Statutory Approvals & Vetting Ledger

Comprehensive audit of regulatory sanctions, site approvals, and structural certifications governing The Magnus Mall.

Regulatory Body / Vetting Agency Approval Reference / Scope Status Legal Implication for Investors
IBECHS Society (Mauve Area G-10/4) Commercial High-Rise Sanction (Plots 26 & 27, D-Markaz Gulberg Residencia) 100% Sanctioned Authorizes complete 26-storey superstructure construction and utility distribution tie-ins.
Capital Development Authority (CDA) Master Scheme Layout & High-Rise Zoning Compliance Approved Scheme Confirms building height, FAR parameters, and environmental setback compliance in Gulberg.
Civil Defense & Fire Safety Department Fire Life Safety & Evacuation NOC (NFPA 13 Standard) Certified Mandates dual pressurized emergency fire escape stairs, riser systems, and automated deluge sprinklers.
Structural Design & Geotechnical Vetting UBC Zone 2B Earthquake Resistance & Deep Pile Raft Certification Engineered Guarantees structural seismic stability across sub-surface bedrocks and high-load commercial retail floors.
Utility Infrastructure (Power / Water / Gas) Dedicated Substation & Dual Express Feeder Integration Active Grid Continuous 24/7 un-interrupted power supply through synchronized backup heavy diesel generators.

2. 5-Step IBECHS Biometric Transfer Roadmap

Sequential legal procedure required to convey official registered sub-lease title from seller to purchaser at IBECHS Head Office.

01

Developer NDC Issuance (Ovaisco Group)

The transfer initiation requires applying for a No Demand Certificate (NDC) directly at Ovaisco Builders & Developers head office. The developer audits financial ledgers to confirm 100% clearance of base installment dues, commercial escalation surcharges, utility connection fees, and CAM service balances.

Estimated Timeline: 3 to 5 Working Days
02

IBECHS Transfer Challan Generation

Upon obtaining developer clearance, the file is lodged at the IBECHS Transfer Directorate (Mauve Area G-10/4 Islamabad). IBECHS generates computerized official bank challans covering Society Transfer Fees, Membership Fees (if new buyer), and administrative documentation stamps.

Estimated Timeline: 1 to 2 Working Days
03

FBR Tax Settlement & CPR Generation

Both parties must settle mandatory statutory withholding taxes pursuant to the Income Tax Ordinance 2001. The seller pays Section 236C advance capital tax, while the buyer pays Section 236K purchase tax. Official Computerized Payment Receipts (CPRs) are validated online through the FBR IRIS portal.

Estimated Timeline: Same Day via Online Banking
04

Biometric Thumb Verification & Photo Capture

Seller and purchaser (or legally validated Power of Attorney holder) physically present their original CNICs / NICOPs before the IBECHS Transfer Officer. Live biometric thumb scans and digital portrait photographs are captured, recorded, and witnessed into IBECHS central database.

Estimated Timeline: Execution Day (30 to 45 Minutes)
05

Transfer Allotment Letter & Sub-Lease Issuance

IBECHS issues the original Transfer Allotment Letter and Registered Sub-Lease directly in the purchaser's name with an embossed security seal, unique customer registration number, and unit demarcation certificate. The buyer is now the recognized legal title holder.

Estimated Timeline: 7 to 10 Working Days Post-Biometrics

3. Statutory Transfer Fees & Taxation Matrix (October 2026)

Comprehensive fiscal breakdown of government withholding taxes and IBECHS processing fees applicable on The Magnus Mall transactions.

Fee Head / Tax Category Active Tax Filer Rate Non-Filer Rate Payer Responsibility
FBR Section 236C (Advance Tax on Seller) 3.0% of FBR Table Valuation 6.0% – 10.0% of Valuation Seller (Deducted at Transfer)
FBR Section 236K (Advance Tax on Purchaser) 3.0% of FBR Table Valuation 10.5% – 12.0% of Valuation Buyer (Paid via National Bank CPR)
IBECHS Society Transfer Fee PKR 150 / sq.ft (Residential)
PKR 250 / sq.ft (Commercial)		 PKR 150 / sq.ft (Residential)
PKR 250 / sq.ft (Commercial)		 Purchaser
IBECHS Associate Membership Fee PKR 50,000 (One-Time) PKR 50,000 (One-Time) New Buyer / Associate Member
Developer Admin & NDC Processing Fee PKR 35,000 PKR 35,000 Seller

4. Institutional Investor Due Diligence Checklist

Amlaaq's forensic protocol for secondary market transactions in The Magnus Mall Gulberg.

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Allotment Certificate Physical Inspection

Examine the original IBECHS Allotment Certificate under UV light to inspect watermark security threading, serial embossing, and developer endorsement stamps.

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Ledger Statement Verification

Obtain an official computerized payment ledger directly from Ovaisco Group customer portal to ensure no overdue interest surcharges or pending installments exist.

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Record Branch Title Search

Conduct an official verification search at IBECHS Record Branch to guarantee the property is free of third-party litigation, family disputes, or bank mortgage liens.

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Tenancy & Rent Escrow Handover

For income-generating commercial retail shops or furnished corporate offices, verify the lease agreement, security deposit balance, and tenant rental novation deed.

Explore The Magnus Mall Silos

Navigate complete pricing, unit specifications, and architectural blueprints.

The Magnus Mall Hub

Master project overview, location intelligence, and key amenities.

Master Dossier →

1-Bed Luxury Suites

720 sq.ft smart executive suites tailored for corporate tenancies.

PKR 1.25 Cr – 1.65 Cr

2-Bed Executive Suites

1,380 sq.ft dual-aspect family residences with expansive balconies.

PKR 2.35 Cr – 3.10 Cr

3-Bed Royal Corner Suites

2,150 sq.ft luxury corner apartments with Margalla panoramas.

PKR 3.85 Cr – 4.95 Cr

Royal Duplex Penthouses

4,200 sq.ft crowning sky villas with private rooftop plunge pools.

PKR 8.50 Cr – 12.50 Cr

Mega Mall Retail Shops

350 sq.ft high-footfall atrium units with national brand presence.

PKR 1.75 Cr – 3.80 Cr

Corporate Tech Offices

850 sq.ft Grade-A office suites with dedicated lift lobby.

PKR 2.10 Cr – 3.20 Cr

Floor Plans & Specs

CAD layouts, 26-storey vertical stacking, and MEP engineering specs.

Full Engineering Audit →
CONFIDENTIAL LEGAL ADVISORY

Verify Title & Execute Secure Acquisition at The Magnus Mall

Speak directly with Amlaaq's senior property legal strategists for verified record checks, NDC verification, and tax-efficient transfer assistance.

💬 Direct WhatsApp Legal Specialist 📞 Schedule Due Diligence Call