Regarding stamp duty leived on property
5 years ago
I m buying a house which is of 35 sqMts but the plot area is of 139.45 sqMts, so on what I have to pay stamp duty, on house or plot?
A.Dear Client,
Stamp duty is paid in the Registration office of the State Government when you buy the land/property.
The amount varies from State to State.But, minimum is 9% .Other expenses related to do the job is not included.
Shanti Ranjan Behera
Advocate
Stamp duty is paid in the Registration office of the State Government when you buy the land/property.
The amount varies from State to State.But, minimum is 9% .Other expenses related to do the job is not included.
Shanti Ranjan Behera
Advocate
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.Yes. U must to pay
Helpful
Helpful
Share
A.You will be buying the immovable property meaning the land and the house erected on the land. The authorities will try to arrive at the value of the property for stamp duty and while doing so they will include the building too. Lets us try to understand the scenario by taking the example of flat registration. When you buy a flat there are two types of registration done one for the undivided share in the land on which the apartment is constructed.
Since the flat in itself is separate property with value so there will be another registration for the flat on which you will have to pay separate stamp duty.
Likewise when you buy an already constructed house with the land then you will have to pay the stamp duty on the total value of the property. There could be small variation state wise as the state make rules on stamp duty and sometimes the municipal corporation or state give discounts too. So, please visit the sub registrar office in your locality and find out the exact position.
Since the flat in itself is separate property with value so there will be another registration for the flat on which you will have to pay separate stamp duty.
Likewise when you buy an already constructed house with the land then you will have to pay the stamp duty on the total value of the property. There could be small variation state wise as the state make rules on stamp duty and sometimes the municipal corporation or state give discounts too. So, please visit the sub registrar office in your locality and find out the exact position.
Helpful
Helpful
Share
Read Related Answers
Property Dispute.
Dear Sir,
You may file simple suit for partition and seek accounts of income received from such land and claim your share in liquidated mense profits.
Agriculture Land Purchased in Gujarat from Non-Farmer Seller
Dear Sir,
Please consult local advocate who is well acquainted with local laws particularly revenue laws otherwise you may be mislead.
Registered legal entity as nominee of chs flat Mumbai
Dear Sir,
Registered legal entity may be nominated but it cannot sell the property after the death of such title owner and it goes to the legal heirs of title owners unless the legal entity get Gift D...
Sc st land purchase by obc mp dist narmdapuram
Dear Client,
Section 42 of the SC, ST Act, 1989 prohibits the sale of SC land without approval. This law was enacted to protect the interests of the SC/ST tribe. However, you can acquire SC/ST land b...
Property share
Dear Sir,
Under the Muslim law, there are three classes of heirs
• SHARERS, they are entitled to a prescribed share of the inheritance. In case of a man’s property, his wife/wives are the sharers of...
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
