Guildline value vs market value
KAUSHIK2006
(Querist) 03 July 2017
This query is : Resolved
Dear Team,
I made agreement which was registered with my brother for the sale of his property in the Feb 2015 for 2 years which was expired on Feb 2017 and same was not renewed. Due to delay in loan processing and same has been approved now and initiating for the sale registration. In the registered sale agreement 2015, we have mentioned full sale consideration (market value) instead of guideline value. Please note that market value is twice the guideline value which was mentioned in the sale consideration by my advocate and he now wants to pay stamp duty and registration charges for the market value instead of guideline value and he is blaming me for not checking the correctness. Kindly let us know on which value basis the SD & RC are applicable.
Best regards
Kaushik
Kumar Doab
(Expert) 03 July 2017
Calculate at market value.
You have availed loan and it may not be possible to show less than amount borrowed from bank under Home Loan.
