Lahore: The Punjab government has reduced stamp duty on property transactions to a uniform 1% across the province through the Stamp (Amendment) Ordinance 2026. The reform replaces the previous structure of 1% in urban and 3% in rural areas, aiming to simplify transactions and reduce costs for buyers. Officials state that the move will promote documented property dealings, improve transparency, and expand the tax base. Additional provisions include time-based duty adjustments and recognition of assignable deeds. This development under the Real Estate Core Cluster reflects a major Government Policy shift to boost real estate activity. For Lahore and Punjab investors, lower costs can increase transactions and market growth. Will this reform increase property buying in your area?
