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Vishnu (S/w proffessional)     13 February 2012

Stamp duty and other expenses for buying property

Hello,

I am buying flat. Question is how much is the registration cost I would have to pay?

I asked 2 agency and got difference in the registration  rates they quoted. 

What exactly the breakups like stamp duty, taxes and so on?



Learning

 3 Replies

Bharatkumar (ADVOCATE )     13 February 2012

Hi, The stamp duty and Registration fee charge are different in all state so in which state u can registration the documents?   

Nandagopal Rao (Retainer)     13 February 2012

Proper way is to approach the Sub-Registrar of the place where you intend to buy the Flat and show him the document (fully prepared draft).  He will advise you for the proper stamp duty and registration charges.  Builder's office from whom you are buying the flat also should be in a position to answer your query.

jayakumar.R (ADVOCATE & LEGAL CONSULTANT)     14 February 2012

Mr. Vishnu,

                    if you are going to purchase the property in Tamil nadu 

                   8% ---------Stamp Paper--- for Registration Value or Guide line value

                   1 % ...........Registration Fee for registration Value or Guide line Value 


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