Rent dead

Abhishek (Querist) 03 June 2015 This query is : Resolved
We are planning to lease out certain property on rent for the period of 36 months. monthly rent would be 1,15000 and deposit would be of 6 months. What would be stamp duty of registration. We are in ahmedabad and property is Industrial in nature.

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ADV-JEEVAN PATIL, MUMBAI (Expert) 04 June 2015
It. May not be termed as lease but leave n licence since peroad is low. Rehn should be 1% of rent + deposit. Stamp duty 5% but as pee state's regulation

Rajendra K Goyal (Expert) 04 June 2015
Stamp duty differ from state to state, consult local lawyer. As high rent dealing involved better get the agreement drafted by a lawyer.

T. Kalaiselvan, Advocate (Expert) 21 June 2015
You may clarify the details from the local registrar's office since the stamp duty differs from one state to another.

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