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VIGYAN (ADVOCATE)     06 March 2010

Stamp duty on Registration of a flat

Dear Collegues

On what portion of flat the stamp duty is to be charged ? do we add the portiono of Terrace & Portion of parking while calculating stamp duty. Some builders are saying they include the Parking & Terrace however other builders excludes the same. Could anyone clarify please?

I am concerned about a flat in Bhiwadi in Rajasthan.

regards

 

Vigyan Deep Sharma



Learning

 2 Replies

A V Vishal (Advocate)     06 March 2010

If there is a mention of the undivided share in the common areas such as passage, terrace rights etc... and also if the mention of garage is included in the sale deed then stamp duty is payable on the entire thing.

Parvez Qureshi (Officer)     07 March 2010

hi vigyan,

 

 I have rented my property for commercial use in residential property, however now my society members are telling me that i cannot rent property for commercial use in residential property.

Kindly help me, what is the LAW for renting property.

Also one more thing to add , that i have few flats in my building also rented for commercial and also few owners themselves are also using house as Office - Cum - Residential purpose.

I do not want to fall in dispute with my society members, as i have my financial responsibilities.

Kindly suggest me smart infact diplomatic way to come out of this situation.

 

Parvez


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