Dear Sir,
Approx 25 Year ago,I was the property owner. We gave this to builder to develop the building. He built 36 flats and builder given us 1000sq.ft area flat/block. At present, the builder is expired. There is an Development Agreement which is Registered that includes 1000sq.ft flat to be given to us on 1st floor. We are paying property tax & electricity bill of this flat.
Later on, after some years, the Co-op Housing Society is formed and we have Share Certificate of the Co-op Housing Society.
In this case, I have query that whether we should pay stamp duty/registration fees? Or it is already taken care by Builder as per norms or govt rules. Shall we have to pay stamp duty/registration fees??
One more thing, Builder has given us in written on Rs.100 stamp paper 25 years ago that stamp duty/registration fees to be born by the builder. This Rs.100/- stamp paper is NOT REGISTERED but signature is given by builder on this stamp paper.
Our Co-op Hsg Sty is going for Conveyance Deed and asking for the papers.
Please suggest.
Thanks & Regards,
