Registration of property in chennai

SANJAY (Querist) 17 July 2008 This query is : Resolved
What is the amount of stamp duty payable for registering the property,
How can i find out if there is any encumberance existing or the property is being transferred in bad faith.

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Prakash Yedhula (Expert) 17 July 2008
In Chennai, you need to pay a stamp duty of 8 % and Registration Fee of 1 % on the market value of the property. To find out whether there is any subsisting encumbrance over the property, you can obtain encumbrance certificate from the registrar office concerned.

SANJAY (Querist) 17 July 2008
Where is the registrar office situated and is there any fee charges for the same

arunprakaash.m. (Expert) 17 July 2008
Both information you can get from the sub registrar of the jurisdiction in which the property is situated.

Srinivas.B.S.S.T (Expert) 18 July 2008
see where the link document is registered. Apply in the same register office for EC. COntact a local advocate as issuance of public notice is necessary.

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