In India whenever Home buyers wants to buy a flat or house, one terms is used in discussion i.e. carpet area, built up area and super built up area as they try to gauge the size of homes. This article is meant to act as your guide to understanding these three terms and what they convey. Carpet area Carpet area is that […]
Carpet area, built up area and super built up area: Know the difference Read More »
The Karnataka government has once again slashed stamp duty charges levied while purchasing a property in the State. With this announcement, properties priced between Rs 35 lakh and Rs 45 lakh will attract a stamp duty of three percent in Bangalore, from now onwards. Properties priced above Rs 45 lakh will be charged at five
Stamp duty charges and registration charges in Bangalore, Karnataka Read More »
If you are living abroad and managing your assets in India has become a headache for you, Power of Attorney (PoA) is the perfect instrument for you. Because of its various benefits, even resident Indians tend to execute POAs. People having numerous assets find it tough to be present everywhere physically. Therefore, they execute POAs
How NRIs can use Power Of Attorney to Manage their Assets Read More »
Delhi stamp duty The Registration Act of 1908 makes it incumbent upon the buyer of a property to pay stamp duty at the time of property registration. Through the registration process in Delhi, the ownership of a property is transferred in the name of the new buyer from the old, in the government’s records. Unless
Delhi property registration: Stamp duty and registration charges in Delhi Read More »
The Department of Registration and Stamps is responsible for registering various transactions in Rajasthan. Stamp duty in Rajasthan is updated from time to time and the department in Ajmer is headed by an inspector general. In this article we are going to look at stamp duty and registration charges in Rajasthan in 2020 and how it adds
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Stamp duty and registration charges in UP in 2022 Owner Stamp duty as percentage of the property value Registration charge as percentage of the property value Stamp duty and registration charge in Rupees on a property worth Rs 10 lakhs Man 7% 1% Rs 70,000 + Rs 10,000 Woman 6%* 1% Rs 50,000* + Rs
Stamp duty and property registration charges in UP – UTTER PRADESH Read More »
Home buyers in India have to pay a Goods and Services Tax (GST) on the purchase of under-construction properties like flats, apartments and bungalows, at the rate of 1% for affordable housing and 5% for non-affordable housing. In real estate, the GST is also applicable on purchase of developable plots. GST fact check: Did you
GST on real estate Read More »
TDS on property deal under Area 194IA Charge deducted at source is relevant on different exchanges, including property deal. TDS marked down of property is appropriate under Segment 194-IA of the personal expense regulation. Segment 194-IA Under Segment 194-IA of the Personal Expense Act, a purchaser is at risk to deduct and submit 1% of
TDS on property sale under Section 194IA Read More »
Latest circle rates in Gurgaon Here is the list of the latest circle rates in Gurgaon you need to check for calculating the stamp duty charges payable for property transactions: Sector Circle rate per square ft Sector 63 Rs 3,500 Sector 62 Rs 3,500 Sector 61 Rs 3,500 Sector 60 Rs 3,500 Sector 59 Rs 3,500
Circle Rates in Gurgaon (Gurugram) Read More »
Filing a complaint under RERA against errant developers is now convenient and simple. Complainants are required to pay a sum to the respective State Authority for registering a complaint under the Act. Here’s a step-by-step guide on how to file a complaint under RERA. As per the Real Estate (Regulation and Development) Act (RERA), complaints
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