Registration of special power of attorney

Querist : Anonymous (Querist) 03 August 2010 This query is : Resolved
What are the fees for registering a ‘special power of attorney’ in Mumbai wherein a husband authorizes his wife (on his behalf and for his benefit) to ‘sell / agree to sell’ his existing residential premises for a valuable consideration and alongside purchase new residential premises from above receipt?

The above ‘special power of attorney’ is given without any consideration.

I understand the registration fees in Mumbai for registering documents relating to property transactions at present is fixed at approximately 1 % of the consideration of the document but subject to a maximum limit of Rs. 30,000.

I also understand that amongst others the registration fee for the following immovable property transactions is leviable on the market value of property:

(a)PoA given for consideration; and
(b)Authorising the attorney to sell the property.

Thus would there be any fees for registering a ‘special power of attorney’ given that husband authorizes his wife for sale & purchase of residential premises without any consideration?

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Raj Kumar Makkad (Expert) 03 August 2010
The fee for the registration of Special Power of Attorney in Mumbai is just Rs. 1000/- as per information provided by my friend, a lawyer residing and practising there.

s.subramanian (Expert) 03 August 2010
yes.makkad is right.

adv. rajeev ( rajoo ) (Expert) 03 August 2010
fees will be based on the state stamp act

R.Ranganathan (Expert) 03 August 2010
For PoA and Special Power of Attorney the registration fees are mostly fixed and does not depend on the sale and/or purchase of anything mentioned in the power. The purpose may be anything but the deed is only a power either General or Special.

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