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It is our endeavor to bring before you,
accurate details on incidental expenditure you will incur on
property transactions. We hope this will serve to give you a
true indicator of the different issues involved in such deals
and help you make an optimal choice. On purchase of property the government has imposed stamp duty charges. Additional to that, in a registered society, transfer charges are applicable, approximate figures are mentioned below. Expenses for Sale Transaction |
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Commercial Property |
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| Stamp Duty | 5 % of the Purchase Value |
| Registration Fees | Up to Rs. 30,000/- |
| Society transfer fees | 0.5% to 2% of Purchase Value (Approximately) |
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Residential Property |
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| Stamp Duty | 5% of the Purchase Value |
| Registration Fees | Up to Rs. 30,000/- |
| Society transfer fees | 1% to 3% of Purchase Value (Approximately) |
We hope this will clarify any queries. In case you wish to enquire further, please feel free to contact us
Henry Ford once said that "When you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person."
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