Registration cost/calculation on Underconstruction flat

POSTED BY M Rahman 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.

 

3 replies on this article “Registration cost/calculation on Underconstruction flat”

  1. M Rahman says:

    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.

    1. Biswa Singh says:

      I have got one under construction flat and i have not paid the stamp duty yet and i am sure of it.

  2. Biswa Singh says:

    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?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today