10 Marla Allocation File
Read further:
In the context of DHA Lahore (Defence Housing Authority Lahore), an affidavit file typically refers to a legal document or file used in the transfer or allocation of property within DHA Lahore. Affidavit files are used during property transactions and often involve the following key aspects:

1. Transfer of Ownership: The affidavit is a sworn statement by the property owner or party involved in the transaction, declaring the details of the property, the terms of transfer, and the lack of disputes or encumbrances on the property. The affidavit term in DHA usually refers to the allocation of a plot, the buyer of affidavit is the first owner of the plot who is also exempted from taxed of federal government and provincial government.

2. No Allocation or Open Transfer: When someone buys a plot in DHA Lahore via an affidavit file, it means the file isn't formally allocated to a particular plot yet, but the buyer will receive a plot based on the development plan. These files are considered valuable as they offer future benefits, including plot allocation when the property ballot of the relevant sector/phase is completed and master plan/map is revealed by DHA.

3. Buying and Selling: These files are often traded in the property market before the formal allotment of plots. Investors purchase them as speculative assets, with the expectation that the value will increase once the sector is developed.

4. Legal Document: The affidavit is a notarized and legally binding document, ensuring the authenticity of the transaction. It’s used to verify that the buyer has the legal right to the property or plot in question.

If you are dealing with an affidavit file in DHA Lahore, it's essential to consult with a registered real estate agent or a property expert to understand the legal implications and ensure the transaction is carried out correctly.

Property Yar Private Limited offers a bunch of registered real estate agents through its online platform, and ensures that the agents registered with us are not involved in any kind of fraudulent activities and are properly educated and trained to do real estate transactions.