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Dhrumal (none)     17 March 2013

Query on stamp duty & registration of a flat in mumbai

Hello,

Humble request for proper guidance from this experts forum. Thx. in asdvance.

My father has purchased the flat(in resale not from builder) in mumbai-borivali in Oct.1985(month of agreemnt is Oct.1985 & agreement value is 1 lac Rs. or so).

For regularization of flat(i.e. stamp duty payment & registration) we appraoched couple of agents who are into this work & received different opinions.

One said, no stamp duty has to be paid if flat agreement is betn. 1980 & before Dec.1985. Other said, stamp duty has to be paid as per current market value as per 2013 Ready reconer. third guy said duty would be as per the Oct.1985 prevailing rates.

Such opinions has confused us & hence posting this query on forum to you experts to guide me as to what would be the right steps as per the law & how we can regularize our flat by paying stamp duty(if any) & registration.

How many months/days it could take for this & what documents are required?

Regards,

Dhrumal.



Learning

 2 Replies

Amit (Assistant Manager)     13 September 2015

Dear Mr. Dhrumal, Has your matter been resolved. I also have similar problem. If your matter is resolved, can you please help me. Thanks in advance

anirudha d   23 November 2015

I am Anirudha D my father purchased a flat in thane from a builder in 1994, after his death in 2013 i tried finding the registered document but culdnt find,  i could only find the original share certificate of the society in my house., so tried finding a copy with the society but to no avail. .,i am also not able to trace the document nor the details in the registrar office. so i approcahed the builder but came to know he has sold his shares to a new builder hence i went to the new builder & got got a certified copy with a 20rs stamp on it {Agreement to sale copy } along with few other things like payment history letter of allotment of the garage, letter to start the renovation work in the house also got the form submitted to society of registar where my fathers name is included. 

Now i wish to know few things, 1) suppose i wish to register & pay stamp duty at the present valuaation which is 45 lacs acc to registration office what will be the penalty and what will be the exact amt i need to pay 2) which builder will have to come and sign while registering my new document. 3) can the builder refuse to come and sign my document.$) what other options are availalble to me.

Waiting for a solution at the earliest 

Thanking in anticipation


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