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19-07-10
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#1 |
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Stamp Duty and Registration Charges for resale property?
Folks,
What would be the charges of the Stamp Duty and Registration (SDRC) on resale flat. Ex. If I'm purchasing a flat for 56 Lks in Baner/Pashan, what would be SDRC I have to bear? In Mumbai it has some slabs ( till 10 lks 38000 Rs and above 10 lks 8% of remaining ). I'm not sure about Pune and i guess it depends on Ready Reconer rate as well. Reg charges are around 1% on amount transacted. Please suggest and correct me if I'm wrong.... Also can I make a room if hall is too big? Ex. in a 3 BHK Hall is quite big so that I can make a small room inside. I'm aware that it is not allowed in terrace area but can we make room inside? My neighbor asked me so I thought of asking you folks. |
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19-07-10
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Registration : Rs 30,000 /- or 1 % whichever is lower. This also depends on the age of the bldg, whether Row house or flat etc. |
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20-07-10
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To my knowledge if the building is old (some 15 yr+) then there is concession in SD. Need to reconfirm this though, if the laws have been changed.
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20-07-10
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| charges, duty, property, registration, resale, stamp |
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