Sra stamp duty and registration fees
Avni Shah
(Querist) 08 January 2018
This query is : Resolved
Hello Sir/Madame,
I am planning to buy a SRA flat in Andheri, the property is 15 years old and its not on the
name of original slum dweller but the person (2nd owner) who has purchased from the slum dweller has
cleared stamp duty, registration process and now he owns the property and all the documents are under his name
i.e electricity bills,maintenance bill etc
My question is if I buy from the 2nd owner,
1) Do I have to deal with 1st owner-the original slum dweller ??
2) Will I have to pay less amount of stamp duty and registration fees? since all the papers and documents are now
under the name of 2nd owner
kavksatyanarayana
(Expert) 08 January 2018
1) No. (2) You have to pay full Stamp duty and Registration fee on the consideration of Market value whichever is higher. No question of 2nd owner. now he is owner of the propery. He is selling the property. if you have any doubts, get an EC from the Registrar officer concerned and obtain previous documents. contact local senior lawyer/DW.
