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POSTED BY ON October 17, 2012 1:51 am COMMENTS (3)
Hi Experts,
I have got an underconstruction flat and builder asked for total 10.5% for Registration, among which, 9.4% of current valuation (30,00000/- as per 2012) is stamp duty (on sale agreement) which I already paid and
remaining is:
(9.4% of valuation at the time of possession i.e. in 2013 – current amount which I already paid) + 1.1% of valuation at the time of possession i.e. in 2013.
Is it right? Am I on the right track. Please help me.
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No what you are telling is for ready flat. But as I have taken loan from LIC, so as per security I have done registration on Sales agreement and LIC will take that. Then LIC’ll disburse amount.
I have got one under construction flat and i have not paid the stamp duty yet and i am sure of it.
I think for under construction property the stamp duty + registration amount is given when you get the possessions. Can you please check with your lawyer on this?