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Supreme Court Verdict on Society Maintenance Charges

Supreme Court Judgement on Society Maintenance Charges

Maintenance charges are the operating charges levied on residents of a housing society. The residents or owners of a particular property in an area are charged for the maintenance of a commonly owned property area. It is collected periodically i.e., monthly, semi-annually, or annually depending upon the project. 

RERA RULES

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The Society maintenance charges are dependent on the size of the property and the quality of sustenance. If your space is occupied or vacant, the maintenance charges must be paid by the tenant or owner. 

The common areas of the housing society require maintenance. The common areas include

Society Maintenance Charges
Rejuvenation hubs
  • Swimming pool
  • Community facilities
  • Commercial facilities
  • Basements
  • Common entrances
  • Common exits
  • Fire escapes
  • Elevators
  • Staircases
  • Lobbies
  • Water tanks
  • Parks
Society Maintenance Charges
Socializing centres
  • Terraces
  • Play areas
Society Maintenance Charges
Kids zone

All these are kept in good condition using the maintenance charges paid by you on a monthly basis. In gated societies, inhabitants pay a fixed sum of money every month that is utilized for the upkeep of the society premises. 

Calculation of Maintenance Charges as per Society Maintenance Charges Rules

In our country, builders charge between Rs 2 to Rs 25 per square foot depending upon the area and city as maintenance charges. The maintenance charges are directly proportional to the number of facilities offered within the housing society. If the society management charges Rs 2 per square foot, the facilities offered would be minimum. If the management of the housing society charges nearing Rs 25 per square foot for a similar measurement of property, the facilities offered would be many and luxurious. 
Read: Everything You Need to Know About Checking Mutation Case Status of Property


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This amount needs to be paid to enjoy the uninterrupted services provided within the society premises. The operations and maintenance of common services and areas are solely dependent on the maintenance charges. Generally, maintenance charges are paid annually which can vary from case to case. 

Supreme Court Judgement on Society Maintenance Charges for Tenants

RERA makes it mandatory under Section (4) (d) for the builder to supply and support the services on reasonable charges, till taken over by RWA or the Residents Welfare Association of the housing society. Some of the things that need to be kept are as follows:

  • Till the RWA comes into existence, the builder must take care of the maintenance of the society. The builder collects the amount from the homebuyers. Later, RWA can charge as per their rules and regulations.
  • The charges are mentioned in the allotment letter, which is issued to the buyer. This letter is issued after the booking amount is paid.
  • RERA Act 2016 ensures that homebuyers need not pay any ad-hoc charges to the builder.
  • These charges should be shown by the builder at the time of booking.
  • Non-disclosure of such charges creates confusion at a later stage 
  • Many State governments have given clear guidelines on setting the maximum amount of maintenance charges
  • No builder can charge more amount as prescribed in the guidelines set by the State government.
  • Mostly the charges or amounts are calculated based on the area of the flat. So, it may vary for residents depending upon the area of their property.
  • The frequency of collection of maintenance charges depends solely on the builder. 
  • As per the latest circular of the Ministry of Finance, the homebuyers have to pay GST @ 18%. The GST charge is levied if the monthly maintenance charges exceed Rs 7500. 

RERA Rules for Maintenance Charges

A builder can collect the maintenance charges in the following two ways:
Read: Stamp Duty in Karnataka: A Detailed Guide

  • For a certain period initially, the builder looks after the maintenance of the project. For this, he takes maintenance charges for this, which has to be paid by the owner/ allottee in instalments or lump sum. 
  • The owner or buyer must pay a certain amount for the maintenance of the building. 

These two ways are acceptable to the provisions of the RERA Act but are subject to the following conditions:

  • The amount collected as maintenance charge or corpus fund is not entitled to be the income of the builder. 
  • The builder needs to open separate bank accounts for depositing corpus funds and maintenance charges. 
  • The builder cannot transfer the interest earned on these amounts to his account. It would be accumulated on the same account. 
  • Separate ledger or accounts to be kept which have to be certified or audited by a Chartered Account
  • At the time of handover of responsibility for maintenance of premises to RWA, the builder should hand over the balance amount. 
  • The builder must hand over the accounts statement to RWA. The statement should be duly certified by the Chartered Accountant. 
  • The maintenance charge does not form a source of income for the builder. He is just a managing entity who handles the upkeep of the project till the formation of RWA. 

Flat Maintenance Charges Law

You should know when a builder takes a high amount toward maintenance charges, there are certain rules and regulations. Here we would discuss them:
Read: Rental Agreement Bond Papers: Sample, Assistance & more!

  • In our country, each state government has its own set of laws that regulate housing complexes and apartments.
  • Every owner can check the Income Expenditure statement of the project. This is to see whether the amount collected is reasonable or not. 
  • The residents should realise the amount they pay as maintenance charges should be similar for all other residents as well
  • If there is any law or bylaw introduced, it can be imposed with only 100 per cent of inhabitants agreeing to it. 
  • The essential services provided within the premises should only be charged. The maintenance charges should include expenses only for the essential services. For example, if you do not use a swimming pool, it cannot form a part of your maintenance.
  • As per RERA laws, the builder needs OC to supply possession of its units to the purchasers. Without OC, the builder cannot handover the units to the purchasers
  • The owners can also approach the consumer forum if they are not satisfied with the services provided by the builder. They can get their grievances solved if those are unaddressed due to certain reasons. 

Maintenance Charges on Flats

Normally residential societies collect maintenance charges as per the carpet area of the flat. Sometimes other variables are also considered if the units are of the same size.  A purchaser should be aware of the facilities to be provided.  The builders collect maintenance costs in advance for six months or one year. 
Read: Deed of Reconveyance in India: All You Need to Know

RERA Guidelines

The following provisions are laid down by the RERA:

  • RERA act mandates all housing societies larger than 500 sq. m., or eight units should be registered with their State’s RERA before launching
  • Ongoing projects without Completion Certificates(CC), as on the date of commencement of the Act, can have to be compelled to file for registration within 3 months. The authority can either settle for or reject the application within thirty days. Post acceptance of the registration request, the promoters need to supply mandatory details about the project on the website of RERA
  • The failure to register with a housing society would involve a penalty of ten per cent of the overall project value or imprisonment of up to 3 years.
  • Real estate agents helping withthe sale or purchase of properties are needed to register themselves with RERA. 

Supreme Court Ruling on Society Maintenance Charges

The maintenance charges should be paid by all purchasers of the units. Irrespective of their occupancy they must pay the amount. The maintenance charges for unsold flats must be borne by the developer till they are sold. A system needs to be chosen to pose maintenance charges from the home purchasers. There is no prescribed or recommended formula for charging the same.   According to the Real estate act of 2016, every homeowner is liable to pay the maintenance charges for their unit in the housing society. 

Maintenance Charges

There are different aspects of Maintenance charges are as follows:

  • Service charges include shared area electricity charges, power backup charges, security, housekeeping, equipment
  • Expenses which include upkeep of the premises, elevators etc.

Apartment Maintenance Charges Rules and Regulations

As per RERA, the developer or promoter handles the maintenance of the housing society till RWA is formed. The home purchaser must pay the charges. The amount being collected by the builder as a maintenance charge should be reasonable. RERA has mandated the signing of an agreement between the promoter and purchaser. This agreement shows the amount that would be charged for maintenance. The cost breakdown and the frequency of collection should be mentioned. It becomes very transparent; nothing is hidden from the customer. RERA is the authority responsible for taking care of the rights of home buyers.  

How are Maintenance Charges for Flats Calculated?

There are many methods to calculate the maintenance charges for a unit of a housing society. Here are the ways: 

  • Per square feet charge: This is the most common method used by the builders to calculate the maintenance charges. The amount varies concerning the area of the unit of the project. 
  • Equal maintenance fees: Equal maintenance for all flats is the simplest and most convenient method of collecting maintenance fees. The same amount is charged from all the house owners of the project or society. Hybrid method: The maintenance charges are split into two. One part includes common expenses, and the other part includes area-based charges. 

There is no recommended method which is foolproof to calculate maintenance charges. It varies from society to society and state to state. Supreme Court judgement Society Maintenance charges have provisioned rules to safeguard the rights of homeowners. RERA act comes in very handy in regularising the process. No broker website lists the rules and regulations to be followed by the builders from the launching of the project till the formation of RWA. The homeowners can always approach the RERA of their state for any information related to the project and its builders

FAQs

Q. Are the maintenance charges mandatory?

A. Yes, maintenance charges are mandatory in every apartment or housing society. It varies from society to society and the number of amenities offered.

Q. Can I know the maintenance charges for a housing society before booking a property?

A. Yes, you can know the maintenance charges. The builder needs to show the amount to be collected as maintenance charges before you pay the booking amount.

Q. Is paying maintenance charges legally binding?

A. Yes, it is legally binding to pay the maintenance charges. As the residents of the society are the users of these common areas and amenities. The residents must pay the charges according to the law.

Q. Is GST charged on the maintenance charges?

A. Yes, GST is charged. The residents must pay GST @ 18% if the monthly maintenance charges exceed Rs 7500.

Q. What is OC?

A. OC or occupancy certificate shows that the project or apartment is developed according to the plan. It is ready to live in and can be inhabited by people.

Q. Can builders sell common areas?

A. The Apartment Owners Association (AOA) must receive these amenities for free once the project receives a completion certificate. Builders are prohibited from selling common areas and facilities separately under a number of apartment and urban area acts, including the Apartment Ownership Act of 1989.

Q. Can society charge more maintenance from a tenant?

A. As per the Bombay high court judgement on society maintenance charges The Housing Society cannot arbitrarily increase the Maintenance Charges (MC) at their will.

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Vivek Mishra

With over 23 years of experience in Real Estate, and an architecture degree, Vivek is here to help others buy/sell or rent the right way. Through his writing you will find out what people look for, and what you can do to get the best out of your home, and also how to get the best for your home.

Property Tax: Online Payment, Calculation, and Bill Download 2024

Property Tax: Online Payment, Calculation, and Bill Download 2024

The fee you pay to the local government for owning a property is called property tax. You pay this kind of tax once or twice every year. This is also known as house or real estate tax. You pay house tax for the buildings on the land you own. It doesn’t matter whether the buildings are houses or offices and whether they are occupied, vacant or demolished. However, if the land does not have any buildings constructed on it, then you do not have to pay any tax.

Every responsible citizen should pay their property tax on time. As a good citizen, it is your duty to pay tax for the property you own, be it residential or commercial property. Here’s everything you need to know about property tax. Read on to learn how to calculate and pay property tax only and why it is important.

Why is Property Tax Important?

Property tax is important as it helps the government a lot. Our government uses the money collected from taxes to take care of the things we, the citizens, need. For example, it is used for fixing and building new roads, repairing sewer pipes, and ensuring the streetlights work. The tax money is also used to keep the parks clean and safe.

Who Pays Property Tax to the Government? 

It is very important for all the property owners to learn who is responsible for paying it. Many property owners have the misconception that they do not have to pay the tax as they are not using the property. They think the people who are using the property like the tenants, need to pay the tax. This is, however, wrong. It is the property owners who need to pay the tax.

Types of Property Tax

The property tax for different properties is different. It is based on the type of property you own. There are four kinds of properties. Understanding the difference can help you better understand the tax you need to pay.

Residential Property 

  • Individual Houses: These are separate homes like detached houses and bungalows, where families stay.
  • Apartments: These are buildings with different flats in it. This kind of property is found in cities. This can be of different types like cooperative societies and builder floors. These buildings have many homes stacked on top of each other.

Commercial Property 

  • Office Spaces: These are places where people work. They can be big buildings or shared office spaces.
  • Shops: Shops can be small or large and are found in standalone buildings or inside malls.
  • Special Commercial Properties: This includes hotels and restaurants. They have different rules and taxes compared to shops and offices.

Industrial Property 

  • Factories: These are large places where things are made. They are different from shops and offices.
  • Warehouses: These are big storage spaces for goods. They are important for businesses that need to store products.

Vacant Land

  • Tax on Vacant Land: Land that does not have any buildings on it, their tax is charged in a special way. Sometimes, land used for farming does not get taxed. 

How to Calculate Property Tax?

The good news is that the tax you must pay on your property will vary from state to state and region to region. So, if you have a house in Mumbai and a house in Chennai, and they are the same size, you will be paying two very different amounts as property tax for each home. 

This is because different tax collecting bodies have different ways to decide the property tax you pay. When you think of it, the whole thing might not seem fair, so to bring in some transparency and consistency, there is a general guideline that all tax collecting bodies use; this is based on the formula –

Property tax 2023-2024 = Base value x built-up area x age of the property x type of property/building x category of usage x floor factor.

In this formula, you can see the factors based on which your property tax value is calculated. The main factors are the value of the land, the amount of space that is used for construction and the amount of open space, the age of the property, the property type (commercial or residential), the category of usage i.e. self-owned or rented, and if it is a single storey building or a multi-storey building. 

You can use this basic formula to get a rough estimate of how much property tax you will need to pay. Or if you’re wondering how to calculate property tax online, don’t worry, there are plenty of property tax calculators that you can use. There are also property tax online calculators that are present on the online portals for each state. 

Property tax guide
Property Tax Calculation

Methods Used to Calculate Property Tax 

The above formula is just a guideline as to how state governments calculate how much property tax you should pay. Along with these, there are different methods used to calculate property tax, such as– 

Capital Value Systems 

This is a fairly straightforward way of property tax calculation; in this method, the market value of your property is used as the basis on which property tax is levied. The value of the property is fixed by the government based on the location of your property, and this rate is revised annually. Once a value is assigned to your property, you will pay a percentage of that as property tax. 

Unit Area Value System 

Here in this method, a price per unit value of the built-up area or carpet area of the property is fixed. This per-unit price is based on things like land price, usage of the property, location and expected returns. Once this number is arrived at, you will have to multiply it into the built-up area of your property. In cities like Bengaluru, New Delhi, Kolkata, Ahmedabad, Hyderabad and Patna, this method is favoured.

Property Tax Calculation
Property Tax Calculation

Annual Rental Value System 

In this method, property tax is calculated and collected based on the annual ‘rentability’ of your property. Hence, it is also called the rateable value system. The municipal body will estimate a rental value based on the location, amenities, size of the property, distance to landmarks etc. It is not based on how much rent the owner collects annually but on the capacity of gross annual rent that it can bring. Cities like Chennai and Hyderabad follow this system. 

Flat Rate Method

The flat rate method for calculating property tax is straightforward and easy to understand. Unlike other methods that consider various factors like rental value or market value, this method applies a fixed tax amount based on predefined categories. Typically, the tax amount is determined by the property size, type (residential or commercial), and location.

For example, a municipal corporation may set a flat rate of ₹10 per square foot for residential properties and ₹20 per square foot for commercial properties. If you own a residential property that is 1,000 square feet, your property tax would be:

Property Tax= Flat Rate * Property Area

Property Tax= ₹10 * 1,000

Property Tax= ₹10,000

This method is popular in some regions because it simplifies the tax calculation process, making it transparent and predictable for property owners. It eliminates the need for complex assessments and valuations. However, it may not always reflect the true value or potential income of the property and can sometimes be perceived as unfair by those whose properties differ significantly in value but fall under the same category. Despite its simplicity, it is less commonly used compared to more dynamic methods like the Annual Rental Value or Capital Value System.

According to the law, the owner of the property is the person who is held responsible for paying property tax. Tenants will not be held accountable if property tax is not paid, the onus to pay the tax is on the owner of the property alone.

The Different Methods Available to Pay Property Tax

The most traditional way to pay your property tax is at the municipal corporation office closest to you, i.e. in the area where your property is located. In larger cities and towns, a few municipal corporation offices tie up with a select few banks. These banks are authorised to collect property tax on behalf of these corporations. 

When you visit a physical office to make your property tax payments, you will need to keep your ‘property tax number’ or ‘Khatha number’ ready. You can pay the amount using cash or cards at these offices. 

Read: Property Tax Hyderabad – How to Pay Property Tax Online in Hyderabad

As India has progressed, now you can easily pay your property tax online. The property tax online payment option is more preferred as you can do it from anywhere and at any time. This is a much more flexible and convenient way to pay your property tax. 

Calculating Your Property Tax

Property tax is calculated by keeping different factors in mind. These factors are discussed in detail below.

Factors Affecting Property Tax 

Property tax is influenced by several factors. Knowing these can help you understand why your tax amount may vary.

  1. Area of the Property: The built-up area and carpet area play a key role in tax calculations. Built-up area includes the entire property, while carpet area covers only the usable space inside.
  2. Location (City, Zone): Property tax rates change based on the location within a city. Properties in prime locations often have higher tax rates compared to those on the outskirts.
  3. Age of the Property: Older properties may have lower taxes due to depreciation. As a property age, its value may decrease, which can reduce the tax amount.
  4. Type of Property (Residential, Commercial, etc.): Different types of properties have different tax rates. Residential properties usually have lower rates than commercial or industrial ones.
  5. Amenities Offered: Features like a swimming pool or gym can increase the property tax. More amenities often mean higher taxes because they add value to the property.

Steps to Calculate Property Tax Online

Calculating your property tax online is simple and quick. Here we are talking about MCD (Municipal Corporation of Delhi) as an example to explain the steps to calculate the property tax online. Follow these steps to use the property tax calculator.

Step 1: Visit the Official Website

Go to the MCD’s official website.

how to calculate property tax online

Step 2: Select Online Service

Find and click on the ‘Online Services’ option on the top right.

Step 3: Login or Register

If you already have an account, log in. If not, register by providing the required details.

login or register property tax online

Step 4: Enter Property Details

Fill in the details of your property, including the type, location, and area.

enter property details in property tax online
pay tax option in property tax online
tax details in property tax online
property tax payment online

Step 5: Calculate Tax

Click on the ‘Calculate Tax’ button to see the amount you need to pay.

calculate tax page in property tax payment online

Step 6: Review and Pay

Review the calculated tax amount. Proceed to pay online using the available payment methods.

review page in property tax payment online

Alternative Methods

If you prefer not to use the online method, there are other ways to find property tax assessment details:

  • Municipal Office Visits: Visit your local municipal office. The staff can help you with the property tax assessment and payment.
  • Helpline Numbers: Call the municipal helpline numbers. They provide information and assistance regarding property tax.

How to Pay Property Tax Online

Now paying property tax has become very simple. You can pay your Property Tax from the comfort of your home as they have come up with an online payment option. There are several benefits of paying property tax online. These are discussed below.

Steps to Pay Property Tax Online:

Paying your property tax online is simple, fast, and can be done from anywhere and at any time. You can pay easily using your phone, home PC, or laptop. Let’s take an example of MCD while explaining the steps of how to pay the property tax online.

Step 1: Visit the MCD Website

Open your browser and go to the official MCD website.

steps for how to pay property tax online

Step 2: Select Property Tax

On the homepage, find and click on the ‘Property Tax’ option.

Step 3: Login or Register 

If you have an account, log in with your details. If you are a new user, register by providing the necessary information.

login or register step to pay property tax online

Step 4: Enter Property Details

Fill in the required details about your property, such as the property ID, address, and area.

step for enter property details to pay property tax
step for enter property details to pay property tax
enter property details step to pay property tax
review details to pay property tax
payment options page to pay property tax

Step 5: Calculate Tax

Click on the ‘Calculate Tax’ button to see the tax amount you need to pay.

step to calculate tax page to pay property tax

Step 6: Select Payment Method

Choose your preferred payment method. You can use a debit card, credit card, or net banking.

Apart from the official websites, you can also make payments through NoBroker Pay.

select payment method step to pay property tax

How to Download Property Tax Receipts?

After you pay your property tax online, you can easily download the receipt. Follow these steps to get your receipt quickly.

  • Log in to Your Account: Visit the website where you paid your property tax. Log in with your username and password.
how to download property tax receipts
  • Go to Payment History: Once logged in, find the ‘Property Tax’ then go to ‘Property Tax Receipts’ section. This is usually located in the main menu or under your profile.
payment histoy in property tax receipts
  • Fill in the Details: Write down the details of  property tax payment you made. Click on it to view the details.
fill in the details page for property tax receipts
  • Download the Receipt: You will see an option to download or print the receipt. Click on the ‘Download’ button to save the receipt to your device.
download the receipt page for property tax receipt
  • Print or Save Future Reference: Make sure to save the downloaded receipt in a safe place. You might need it for future reference or proof of payment.
print page for property tax receipt

Benefits of Online Payment

Paying property tax online has many benefits. It is convenient, fast, and secure.

  • Convenience: You can access the online payment system 24/7. This means you can pay your taxes anytime, from anywhere.
  • Speed: Online payments are instant. You get payment confirmation right away. This saves you time compared to traditional methods.
  • Security: Online payments are secure. Transactions are encrypted, which protects your personal and financial information.
  • Digital Records: When you pay online, you get digital records. These records are easy to store and find. You can use them for future reference if needed.
  • Other Benefits: Online payments reduce the need for paperwork. They also help in avoiding long queues at municipal offices. This makes the process more efficient and less stressful.

How Do You Pay Property Tax Using NoBroker Pay?

Paying your property tax with NoBroker Pay is easy and secure. Follow these simple steps to manage your dues without any hassle.

  • Access NoBroker Pay: Log in to your NoBroker Pay account. You can also use their mobile app for easy access.
  • Go to Bill Payment: Once logged in, go to the bill payment section. Look for the ‘Property Tax’ category. Type the name of the property tax, for example, ‘EDMC property tax’, in the search bar and select it.
  • Enter Your Details: Input your customer ID or account number. This will fetch your tax details.
  • Choose a Payment Method: Select from the available payment options like net banking, credit card, or debit card.
  • Complete the Payment: Follow the prompts to finalise the transaction. Make sure all details are correct.
  • Stay Updated with Payment Confirmation: Once your payment is processed, you will receive a confirmation message. Save this confirmation for your records as proof of payment.

Through Google Pay

Now, you can even pay your property tax online using Google Pay. For those always on the go, this is a great option, and you can do it on the app on your phone. Here’s how you pay your property tax for 2023-2024 on Google Pay – 

  • Open the app 
  • Go to Bill Payments 
  • Under ‘Categories’ choose Municipal tax/ services 
  • Find your correct city/municipal corporation 
  • Link your account 
  • Fill in the requested details like property ID, mobile number, etc. 

Once your account is created, the process of paying is fast and without any complications.

Property Tax Online Payment
Property Tax Online Payment

Exemptions and Concessions that are Available When You Pay Property Tax 

Although we all have to pay property tax, there are a few exceptions to the rule. The government has made a list of people and types of properties that are exempt from paying property tax, such as– 

  • Any building/plot that has been occupied for a specific purpose like worship, burial, heritage, etc.
  • Any property that is used for charity purposes.
  • Any property or building that is used for agricultural purposes is exempt, excluding property that is used as a dwelling.
  • Property with its interest vested in a corporation; here, the corporation is charged the primary tax.
  • Property owned and self-occupied by a war widow, a winner of a gallantry award.

Read: No HRA? Know What Section 80GG of the Income Tax Act Means for You.

Concessions and rebates are provided for – 

A concession of 30% is allowed for women, senior citizens and those who are physically challenged.

Other Rebates

  • A 30% rebate is allotted for ex-servicemen. 
  • A 20% rebate is allotted for group housing flats for a specific time in a financial year.

These concessions are only if a property is self-occupied and used for residential purposes. 

Fines and Penalties for Late Payment of Property Tax

There is no way that one can completely escape from paying your property tax (apart from those who are exempted). This is why you should not try to avoid paying these taxes. If you pay your property tax late, then you are liable to pay a fine for late payment. 

The fine you will pay is generally calculated based on a certain percentage of the amount due. This interest rate varies from state to state; some states have no fines, while others charge anywhere from 5% to 20%. 

Property Tax Penalties
Property Tax Penalties

Property Tax by City

Property tax rates and calculation methods vary across major Indian cities. The table below compares these methods and rates, along with links to the respective city government websites for detailed information.

Property Tax guide City-WiseCalculation MethodRateGovernment Website
Property Tax MumbaiCapital Value System (CVS)Percentage of market value based on localityBrihanmumbai Municipal Corporation (BMC)
Property Tax DelhiUnit Area Value System (UVS)Unit area value x Built-up area x Occupancy factor x Age factor x Use factor x Floor factorMunicipal Corporation of Delhi (MCD)
Property Tax KolkataUnit Area Value System (UVS)Unit area value x Built-up areaKolkata Municipal Corporation (KMC)
Property Tax BengaluruUnit Area Value System (UVS)Unit area value x Built-up area x Occupancy factorBruhat Bengaluru Mahanagara Palike (BBMP)
Property Tax HyderabadUnit Area Value System (UVS)Unit area value x Built-up area x Slab Rate Factor (based on annual rental value)Greater Hyderabad Municipal Corporation (GHMC)

Not sure how to pay your property tax? Just comment below and we can help you through the process.

For those NRIs who have vacant homes in India, don’t worry, we can help you too. NoBroker NRI services can help you look for tenants and maintain your house even when you don’t reside in India. NoBroker NRI services can even help you find a buyer and save on taxes too! 

If you’re still looking to buy a house and are worried about property tax, we can help you buy a home within your budget and WITHOUT paying any brokerage. NoBroker has plenty of homes for you to choose from, no matter what your desire or budget is. Just click below to start your search.

Frequently Asked Questions

Q: What is property tax, and who is responsible for paying it?

Ans: Property tax is a tax imposed on property ownership, including land and any improvements like buildings. Both individuals and organizations who own property are responsible for paying it.

Q: How is the property tax amount determined?

Ans: The property tax amount is set by the local government or municipal corporation and is calculated based on several factors, including the property’s value, size, location, and usage.

Q: Is property tax a one-time payment, and when do I need to pay it?

Ans: Property tax is not a one-time payment; it is usually paid annually or semi-annually to the local government or municipal authority. The specific payment schedule may vary by location.

Q: Are all types of properties subject to property tax?

Ans: Property tax generally applies to all types of real estate, including residential and commercial properties, whether occupied, rented out, or left unoccupied. However, vacant plots of land without any adjoining construction are often exempt.

Q: Can I be exempt from property tax for certain reasons?

Ans: You may be exempt from property tax for vacant land without any buildings, but exemptions vary by location and local tax regulations. It’s essential to check with your local government or municipal authority for specific eligibility criteria.

BBMP Property Tax: Online, Offline Tax Payment, Bill View, Receipt Download 2024

BBMP Property Tax: Online, Offline Tax Payment, Bill View, Receipt Download 2024

BBMP (Bruhat Bengaluru Mahanagara Palike) is an administrative body responsible for civic amenities and some infrastructural assets of the Greater Bengaluru metropolitan area. It is the fourth largest Municipal Corporation in India and is responsible for the entire population of Bangalore.
BBMP is in charge of zoning and building regulations, health, hygiene, licensing, trade, and education, maintaining the quality of life by taking care of issues like public open space, water bodies, parks, and greenery.

BBMP Property Tax 2024: Quick Info

Key PointsDetails
Official login Linkhttps://bbmptax.karnataka.gov.in/login.aspx
Tax PeriodApril 1 to March 31 of the subsequent year.
Due DateMarch 31 of the subsequent financial year. For instance, for FY 2023-24, the due date is March 31, 2024.
Rebate5% rebate if paid in a single installment before June 30. Extension announced for 2024 until July 31.
Penalty for Late Payment2% per month or 24% per annum.
Calculation MethodUnit Area Value (UAV) System. Formula: (G – I) * 20% + Cess (24% of property tax). G = Gross unit area value, I = Depreciation. Depreciation rate depends on the age of the property.
Tax RatesZone A: Tenanted – ₹5/sq ft, Self-occupied – ₹2.50/sq ft. Zone B: Tenanted – ₹4/sq ft, Self-occupied – ₹2/sq ft. Zone C: Tenanted – ₹3.60/sq ft, Self-occupied – ₹1.80/sq ft. Zone D: Tenanted – ₹3.20/sq ft, Self-occupied – ₹1.60/sq ft. Zone E: Tenanted – ₹2.40/sq ft, Self-occupied – ₹1.20/sq ft. Zone F: Tenanted – ₹2/sq ft, Self-occupied – ₹1/sq ft.
Payment MethodsOnline through BBMP Property Tax portal, banks authorized include Canara Bank, Axis Bank, HDFC Bank, ICICI Bank, IDBI, Corporation Bank, Indian Overseas Bank, YES Bank, Kotak Mahindra, Indian Bank, SBI, Maharashtra Bank, IndusInd Bank. You can also pay property tax via NoBroker.
FormsForm I: Property with PID. Form II: Property with Khata number. Form III: Property without PID or Khata number. Form IV: No change in property details. Form V: Changes in property details. Form VI: Payment of service charges for exempt properties.
Properties CoveredResidential houses, Flats, Factories, Godowns, Offices, Shops.
Status CheckAvailable online through the BBMP Property Tax portal by entering the application number and owner’s name.
Contact DetailsBBMP Head Office: Hudson Circle, Bengaluru, Karnataka 560002, India. Email: comm@bbmp.gov.in. Phone: 080-22660000.

Why do We Have to Pay Property Tax to BBMP?

In Bangalore, maintaining a high standard of living and quality of life is a priority. The city’s recognition as the best on ease of living parameters underscores this commitment. To sustain and enhance these standards, the role of BBMP (Bruhat Bengaluru Mahanagara Palike) is crucial. BBMP ensures that all citizens receive the necessary services, funded through tax collection. As responsible property owners, it is our duty to contribute our share by paying property tax to BBMP on time.

Does BBMP Collect Property Tax for all Types of Property?

You are liable to pay property tax to BBMP if you have properties like –

  • An independent building (residential or commercial)
  • A flat
  • An apartment
  • A shop
  • A factory
  • A godown
  • A plot of land (vacant)

In Bangalore, the tax payment rules are clear and uncomplicated. Irrespective of the building type, BBMP Property Tax must be paid. Whether you reside in the property or not, rent it out, lease it, or provide it for free use, as long as the property is registered under your name, BBMP property tax payment is mandatory.

Read: An In-Depth Look at Property Registration in Bangalore

How to Pay BBMP Property Tax  Online 2024

Struggling with first-time property tax payments in Bangalore? Here are the steps for house tax online payment in Bangalore:

Step 1: Know your property: If it’s your first property tax payment in Bangalore I’m sure you won’t know where to start and we suggest starting with getting the details of your property. Check if you have all the required documents, check the size, built-up area

bbmp property tax online payment

Step2: Visit the BBMP (Bruhat Bangalore Mahanagara Palike) property tax website. This site is comprehensive and has most of the information that you need, explained in a simple way. Go to: https://bbmptax.karnataka.gov.in/

BBMP home page pay property tax in bangalore online
BBMP home page

Step 3: Go through the rules. The document on property tax rules is really helpful. It gives you a clear definition of terms that will make your property tax online payment easier.

Step 4: Find your Zone, sub-division and ward. Each road has been put into zones and each zone has been given a value or Guidance Value bandwidth for residential and non-residential property.

find your zone sub division and ward in bbmp property tax

Step 5: Find out your depreciation value from the table based on the age of your building.

Step 6: Follow the online help document. This has everything that you need to know about the BBMP Property tax online filing process. If you still need additional help, the FAQ document is also there to assist you.

Step 7: Fill out the form. Now that you have armed yourself with all the information you need to fill in the form, the process will be a breeze. The form is found on the homepage of the website, or you can click here.

bbmp fill the form page

Once you fill in your form, take screenshots or printouts. This will serve as a cheat sheet for filling out your tax forms next year.

How To Pay BBPM Property Tax Online Through NoBroker Pay?

You can use our NoBroker Pay Services for a hassle-free payment experience. You can follow these steps for property tax payment online through NoBroker:

  1. Open the NoBroker App.
  2. Go to the NoBroker Pay option.
  3. Select the bill payment option.
  4. Select Municipal Taxes.
  5. Select your state and enter the Property ID
  6. Finally, make the payment.

BBMP Property Tax Name Change 2024

In 2024, if you’re considering changing the name on your BBMP property tax records, here’s what you need to know. Whether due to marriage, inheritance, or other reasons, updating your property tax records is crucial for legal compliance and accurate communication. Here’s a simplified process for changing the name on your BBMP property tax records in 2024:

  1. Document Verification: Gather all necessary documents, including proof of name change (marriage certificate, legal document, etc.), property documents, and identity proof.
  2. Visit BBMP Office: Visit the BBMP office responsible for property tax records in your jurisdiction.
  3. Fill Application Form: Obtain the application form for name change and fill it out accurately with the updated information.
  4. Submit Documents: Submit the filled application form along with the required documents to the designated BBMP officer.
  5. Verification and Approval: The BBMP officer will verify the submitted documents and process your request for a name change.
  6. Payment of Fees (if applicable): Pay any applicable fees for the name change process, if required by BBMP.
  7. Receive Confirmation: Once the name change request is approved, you’ll receive a confirmation from BBMP.
  8. Update Records: BBMP will update your property tax records with the new name, ensuring accurate communication and legal compliance.

Where Can You Pay Your Property Tax in Bangalore?

The simplest way to pay property tax is online by using the steps provided above. If you choose to, you’re your property tax offline, then you can head to any Bangalore 1 centre or ARO office. BBMP has also tied up with a few Nationalised Banks and they are authorised to collect property tax. The approved Nationalised Banks are –

  • Canara Bank
  • Corporation Bank
  • HDFC Bank
  • IDBI Bank
  • Induslnd Bank
  • Indian Overseas Bank
  • Kotak Mahindra Bank
  • Yes Bank
  • ING Vysya Bank

Offline BBMP Tax Payment at Banks
Offline BBMP Tax Payment at Banks

BBMP Property Tax Calculator 2024

BBMP uses three ways to calculate property tax – 

  • The Annual Rental Value System
  • The Capital Value System
  • The Unit Area System.

The Annual Rental Value System – here, the BBMP fixes the gross yearly rent that a property can get and levies a tax based on this anticipated value.

The Capital Value System – Here BBMP property tax is calculated as per the property’s market value, they use this market value to forecast the tax applicable to the property. The market value of the property is given by the area’s stamp duty department, it is not done by BBMP.

Unit Area System – in this system of calculation, property tax is charged on the property’s per-unit price of carpet area. A property’s value is multiplied by its carpet area in order to determine the amount of tax applicable.

The rate at which property tax is levied is also based on the zone in which the property is located. In Bangalore there are 6 value zones, below are the zones, the sub-divisions, the ward numbers and the names you need to know –

ZoneSub–DivisionWard Number and Name
WestChickpet109 – Chikpet 120 – Cottonpet 121 – Binnypet
WestGandhinagar77 – Dattathreya Temple 94 – Gandhinagar 95 – Subhashnagar 96 – Okalipuram
WestJagajeevanram Nagar135 – Padarayanapura 136 – Jagareevanram Nagar 137 – Rayapuram 138 – Chalavadipalya
WestChamarajpet139 – K.R. Market 140 – Chamrajpet 141 – Azadnagar
WestGovindrajanagar103 – Kaveripura 104 – Govindrajnagara 105 – Agrahara Dasarahalli 106 – Dr. Rajkumar Ward 125 – Marenahalli
WestChandralayout126 – Maruthi Mandira Ward 127 – Moodalapalya 128 – Nagarabhavi 131 – Nayandanahalli
WestRajajinagar99 – Rajajinagar 100 – Basaveshwaranagar 101 – Kamakshipalya 107 – Shivanagar
WestSrirammandira97 – Dayanandanagar 98 – Prakashnagar 108 – Srirammandira ward
WestMathikere35 – Aramane Nagar 36 – Mathikere 45 – Malleshwaram
WestMalleshwaram64 – Rajamahal 65 – Kadumalleshwara 66 – Subramanyanagar 76 – Gayathrinagar
WestNagapura67 – Nagapura 75 – Shankaramata 102 – Vrushabhavathinagar
WestMahalakshmi Layout43 – Nandini Layout 44 – Marappanahalli 68 – Mahalakshmipuram 74 – Shakthiganapathi nagar
SouthKempegowda Nagar118 – Sudamnagar 119 – Dharmarayaswamy Temple Road 142 – Sunkenahalli 143 – Vishweshrapuram
SouthHombegowda Nagar144 – Siddapura 145 – Hombegowdanagar 153 – Jayanagar
SouthVijayanagar122 – Kempapura Agrahara 123 – Vijaynagar 124 – Hosahalli 134 – Bapujinagar
SouthGali Anjaneyaswamy Temple132 – Attiguppe 133 – Hampinagar 157 – Gali Anjaneya swamy Temple Ward 158 – Deepanjali Nagar
SouthBasavanagudi154 – Basavanagudi 155 – Hanumanthanagar 164 – Vidyapeetha Ward
SouthGirinagar156 – Srinagar 162 – Girinagar 163 – Katriguppe
SouthPadmanabha Nagar161 – Hosakerehalli 181 – Kumaraswamylayout 182 – Padmanabhanagar 183 – Chikkallasandra
SouthBanashankari165 – Ganeshmandira Ward 166 – Karisandra 167 – Yadiyuru 180 – Banashankari Temple Ward
SouthB.T.M. Layout146 – Lakkasandra 152 – Sudduguntepalya 172 – Madiwala 176 – BTM Layout
SouthKoramangala147 – Adugodi 148 – Ejipura 151 – Koramangala 173 – Jakkasandra
SouthJayanagar168 – Pattabhiramnagar 169 – Byrasandra 170 – Jayanagar East 171 – Gurappanapalya
SouthJ.P.Nagar177 – J.P.Nagar 178 – Sarakki 179 – Shakambarinagar
EastHebbal18 – Radhakrishna Temple Ward 19 – Sanjaynagar 20 – Ganganagar 21 – Hebbal
EastJ.C. Nagar22 – Vishwanatha Nagenahalli 33 – Manorayanapalya 34 – Gangenahalli 46 – Jayachamarajendra Nagar
EastK.G. Halli31 – Kushalnagar 32 – Kavalbyrasandra 48 – Muneshwaranagar 60 – Sagayapuram
EastPulikeshinagar47 – Devarajeevanahalli 61 – S.K. Garden 78 – Pulikeshinagar
EastMaruthisevanagar27 – Banasawadi 28 – Kammanahalli 49 – Lingarajapura 59 – Maruthiseva Nagar
EastH.B.R. Layout23 – Nagavara 24 – HBR Layout 29 – Kacharakanahalli 30 – Kadugondanahalli
EastJeevanbhimanagar80 – Hoysalanagar 88 – Jeevanbhimanagar 113 – Konena Agrahara
EastC.V. Ramannagar50 – Benniganahalli 57 – C.V. Ramannagar 58 – Hosathippasandra 79 – Sarvagnanagar
EastShanthinagar111 – Shanthala Nagar 116 – Neelasandra 117 – Shanthinagar
EastDomlur89 – Jogupalya 112 – Domlur 114 – Agaram 115 – Vannarpet
EastShivajinagar90 – Ulsoor 91 – Bharathinagar 92 – Shivajinagar
EastVasanthanagar62 – Ramaswamy palya 63 – Jayamahal 93 – Vasanthnagar 110 – Sampangiramnagar
YelahankaYelahanka1 – Kempegowda Ward 2–Chowdeshwari Ward
YelahankaYelahanka Satellite Town3 – Attur 4 – Yelahanka Satellite town
YelahankaByatarayanapura5 – Jakkur 6 – Thanisandra
YelahankaKodigehalli7 – Byatarayanapura 8 – Kodigehalli
YelahankaVidyaranyapura9 – Vidyaranyapura 10 – Doddabommasandra 11 – Kuvempunagar
MahadevapuraHoramavu25 – Horamavu 26 – Ramamurthynagar 51 – Vijinapura
MahadevapuraK.R.Puram52 – K.R.Puram 53 – Basavanapura 55 – Devasandra
MahadevapuraHAL Airport56 – A. Narayanapura 81 – Vignananagar 87 – HAL Airport
MahadevapuraHoodi54 – Hoodi 82 – Garudacharpalya 85 – Doddanekkundi
MahadevapuraWhitefield83 – Kadugodi 84 – Hagadooru 149 – Varthur
MahadevapuraMarathalli86 – Marathalli 150 – Bellandur
BommanahalliBommanahalli175 – Bommanahalli 188 – Bilekahalli 189 – Hongasandra
BommanahalliArakere186 – Jaraganahalli 187 – Puttenahalli 193 – Arakere
BommanahalliHSR Layout174 – HSR Layout 190 – Mangammanapalya
BommanahalliBegur191 – Singasandra 192 – Begur
BommanahalliAnjanapura194 – Gottigere 196 – Anjanapura
BommanahalliYelachenahalli195 – Konanakunte 185 – Yelachenahalli
BommanahalliUttarahalli184 – Uttarahalli 197 –Vasanthapura
Rajarajeshwari NagarRajarajeshwari Nagar160 – Rajarajeshwarinagar 129 – Jnanabharathi ward
Rajarajeshwari NagarLaggere69 – Laggere 73 – Kottigepalya
Rajarajeshwari NagarLakshmidevinagar38 – H.M.T 42 – Lakshmidevinagar
Rajarajeshwari NagarYeshwanthpur16 – Jalahalli 17 – J.P.Park 37 – Yeshwanthpur
Rajarajeshwari NagarKengeri130 – Ullalu 159 – Kengeri 198 – Hemmigepura
Rajarajeshwari NagarHerohalli40 – Doddabidarakallu 72 – Herohalli
DasarahalliT–Dasarahalli14 – Bagalagunte 15 – T. Dasarahalli
DasarahalliShettyhalli12 – Shettyhalli 13 – Mallasandra
DasarahalliHegganahalli70 – Rajagopalanagar 71 – Hegganahalli
DasarahalliPeenya Industrial Area39– Chokkasandra 41– Peenya Industrial Area

BBMP Tax Calculator: https://bbmptax.karnataka.gov.in/Forms/Calculator.aspx

Here you must choose the right option from the dropdowns and click submit! It’s an easy and error-free way to get your property tax amount.

The basic formula to calculate property tax in Bangalore is – Gross Unit Area Value – Depreciation Amount * 20%.

Here is a sample of how the property tax is calculated

https://bbmptax.karnataka.gov.in/documents/samplePTCalculation.pdf

BBMP Property Tax Rebate 2024

If you’re looking for a rebate on your BBMP property tax, then you’re in luck, there is one way to get a rebate. You need to pay your full property tax amount in one instalment to be applicable to get a 5% BBMP property tax rebate.

Read Everything You Need to Know About Income Tax Benefits on Home Loans

How to Download BBMP Property Tax Receipt/Challan 2024

bbmp property tax receipt challan

For BBMP property tax online payment, you can get a tax-paid receipt by going to – https://bbmptax.karnataka.gov.in/forms/PrintForms.aspx?rptype=3
Here you need to enter your assessment year, application number and captcha. Hit enter and you will get a printable BBMP tax-paid receipt.
If you are paying BBMP property tax offline through DD or CASH, a tax-paid receipt can be generated instantly. If you are paying your property tax through cheques, then a receipt will be generated only after your cheque clears.

How to Print BBMP Property Tax Application 2024

In 2024, obtaining a printout of your BBMP property tax application is essential for Bengaluru residents to maintain accurate records and ensure compliance with local regulations. Here’s a straightforward guide on how to print your BBMP property tax application for the year 2024:

  1. Visit the BBMP Official Website: Start by accessing the official website of the Bruhat Bengaluru Mahanagara Palike (BBMP) through your web browser.
  2. Navigate to the Property Tax Section: Once on the BBMP website, locate the section dedicated to property tax. This section may be labelled as “Property Tax” or “Online Services”.
  3. Log in to Your Account: If you have a registered account on the BBMP website, log in using your credentials. If not, you may need to create an account to access certain features.
bbmp property tax application print
  1. Access Your Property Tax Application: After logging in, navigate to the section where you can view and manage your property tax applications.
  2. Locate Your Application: Find the specific property tax application for which you need to obtain a printout. This application should contain details of your property and associated tax payments.
  3. Select the Print Option: Once you’ve located your application, look for the option to print it. This option is typically represented by a printer icon or a “Print” button.
select the print option in bbmp property tax application page
  1. Adjust Print Settings (if necessary): Before printing, you may have the option to adjust settings such as paper size, orientation, and quality. Make any necessary adjustments based on your preferences.
  2. Print Your Application: Click on the print option, and your BBMP property tax application will be sent to your printer for printing.
  3. Review the Printout: Once the printout is complete, review it to ensure that all information is accurate and legible. This printout serves as an official record of your property tax application for the year 2024.
  4. Store the Printout Securely: After reviewing the printout, store it in a safe and easily accessible location for future reference. This printout may be required for verification purposes or in case of any queries related to your property tax application.

BBMP Property Tax Last Date 2024

The last date for BBMP property tax payments is April 30th of every year. It’s essential to keep an eye on official announcements and notifications from BBMP regarding the specific deadline for property tax payments in the year 2024. Stay informed to ensure timely payment and avoid penalties.

Is there any Fine for Late Payment of Property Tax in Bangalore?

Yes, if you fail to pay your BBMP property tax by 31st March 2024., you will have to pay a penalty. The penalty or fine is calculated at the rate of 2% extra on your property tax per month. If you find it hard to make your property tax payment in one instalment you can break it up into 2, but this way you will not be eligible for the 5% BBMP property tax rebate.

BBMP Property Tax Payment Status 2024

As a Bengaluru resident, it’s crucial to stay updated on your BBMP property tax payment status for 2024 to maintain compliance with local regulations and avoid any penalties. Here are a few steps on how to check your property payment status:

  1. Visit the BBMP Official Website: Begin by accessing the official website of the Bruhat Bengaluru Mahanagara Palike (BBMP). You can easily find this by searching for “BBMP property tax” in your preferred search engine.
  2. Navigate to the Property Tax Section: Once on the BBMP website homepage, look for the section related to property tax. This section may be labelled as “Property Tax” or “Online Services” depending on the website layout.
  3. Select the Payment Status Option: Within the property tax section, there should be an option to check your payment status. Click on this option to proceed.
  4. Enter Property Details: You will be prompted to enter specific details about your property, such as the Property Identification Number (PID) or Khata number. These details are essential for accurately identifying your property tax record.
  5. Verify Your Details: After entering your property details, double-check to ensure accuracy. Any errors in the entered information could lead to incorrect payment status results.
  6. Submit Your Request: Once you’ve verified your property details, submit your request to check the payment status. The system will then process your request and retrieve the relevant information from the BBMP database.
  7. Review the Payment Status: After processing your request, the BBMP website will display the payment status of your property tax. This status will indicate whether your payments are up-to-date or if there are any outstanding dues.
  8. Take Necessary Action: Depending on the payment status displayed, take appropriate action. If your payments are up-to-date, you can rest assured that your property tax obligations for 2024 have been fulfilled. However, if there are any outstanding dues, make arrangements to clear them promptly to avoid penalties.
  9. Keep Records: After checking your BBMP property tax payment status, it’s essential to keep a record of the results for your reference. You may want to save a screenshot or print a copy of the payment status page for your records.
bbmp property tax payment status


BBMP Property Tax Mobile Number Update 2024

Stay informed and connected with BBMP Property Tax updates by ensuring your mobile number is up-to-date for 2024. Here’s how to conveniently update your contact details for seamless communication.

  • Step 1: Visit the BBMP Official Website
    • Access the official BBMP website to initiate the mobile number update process for property tax notifications.
  • Step 2: Navigate to Update Contact Information
    • Locate the section for updating contact information or mobile number specifically for property tax notifications.
  • Step 3: Enter Property Details
    • Provide necessary property details such as the Property Identification Number (PID) to verify ownership.
  • Step 4: Update Mobile Number
    • Enter your new mobile number accurately and double-check for any errors before proceeding.
  • Step 5: Verify and Confirm
    • Review the updated mobile number to ensure accuracy, then confirm the changes to finalise the update process.
  • Step 6: Receive Confirmation
    • Upon successful update, you will receive a confirmation message acknowledging the change in your mobile number for BBMP property tax notifications.
bbmp property tax payment status

BBMP Property Tax Latest News 2024

  • There has been good news for Bangalore residents! The Karnataka government has ruled out a property tax revision for Bengaluru for the 2024-25 fiscal year. This means property tax rates will remain the same as those implemented in 2016.
  • This decision comes after initial confusion caused by government statements suggesting a new property tax calculation method based on guidance values. However, those plans have been scrapped for the 2024-25 period.
  • The Bruhat Bengaluru Mahanagara Palike (BBMP) has extended the deadline to avail of the 5% rebate on property tax payments. Previously applicable for the first two months of the financial year (April-May), the deadline has now been extended to July 31st, 2024. This provides additional time for property owners to benefit from the discount. 

Homeowners in Karnataka received some relief with the passing of the BBMP Amendment Bill in February 2024. This bill reduces the penalty for unpaid property taxes by 50%. Additionally, underprivileged communities will be exempt from penalties and enjoy benefits related to social welfare housing and slums. There’s also a new five-year cap on property tax penalties for residential and mixed properties.

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Frequently Asked Questions

Q: How can I pay property tax online in Bangalore?

Ans: It’s easy to pay your property tax online if you have a property in Bangalore. All you need to do is visit the BBMP property tax portal and follow the simple instructions given. You can even read the detailed instructions in this article.

Q: What is the last date to pay BBMP property tax in Bangalore for 2024?

Ans: The last date to pay your BBMP property tax 2023 dues is by 31st March 2024.

Q: Do I need to go to the BBMP office to pay the property tax?

Ans: No, to pay your property tax you can do it offline at any Bangalore 1 centre, or Assistant Revenue Officer offices. There are a few banks that are also authorised to collect property tax such as –
Canara Bank
Axis Bank
HDFC Bank
ICICI Bank
You can even pay online using the BBMP portal, this is the most suggested payment method.

Q: How can I calculate how much property tax I have to pay in Bangalore?

Ans: To calculate how much property tax you have to pay, you need to visit – https://bbmptax.karnataka.gov.in/forms/forms.aspx
Here you need to fill in the complete self-assessment form and you will get the amount that you need to pay as property tax. You can even decide if you want to make the full payment or pay by instalments.

Q: Can I pay property tax offline??

Ans: If you are not comfortable making online payments, the next best thing is going offline and making your property tax payments in Bangalore. You can pay at any Bangalore 1 centre, or Assistant Revenue Officer’s office. There are a few banks that are also authorised to collect property tax.

Q: How do I pay my property tax online in BBMP?

Ans: To pay your property tax online in BBMP, visit the official BBMP website or the designated property tax payment portal, enter your property details, select the payment mode, and complete the transaction securely to receive a confirmation receipt.

Q: How do you check BBMP property details online?

Ans: To check BBMP property details online, visit the official BBMP website, navigate to the property tax section, and enter your property identification details such as the PID to access the relevant property information.

Q: How do I get a BBMP application number?

Ans: To obtain a BBMP application number, submit the required application form along with the necessary documents to the designated BBMP office. Upon processing, you will receive the application number for reference and tracking purposes.

Q: Is there any change in BBMP property tax?

Ans: There have been no significant changes reported in BBMP property tax rates or regulations. However, it’s advisable to regularly check the official BBMP website or contact BBMP directly for any updates or amendments to property tax policies.

Q: What is the house tax in Bangalore?

Ans: The house tax in Bangalore, also known as property tax, varies depending on factors like property size, location, and usage. It’s calculated based on the property’s Annual Rental Value (ARV) multiplied by the applicable tax rate set by the Bruhat Bengaluru Mahanagara Palike (BBMP).

Aurangabad Property Tax: Online Payment, Receipt Download, Status, Rates 2024

Aurangabad Property Tax: Online Payment, Receipt Download, Status, Rates 2024

The Aurangabad property tax is a fee charged by the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) on properties within Aurangabad, Maharashtra, India. Aurangabad property tax rate for residential properties is ₹1.25 per sqm. This money is used to pay for city services and improve things like roads and buildings in Aurangabad.

Aurangabad Property Tax Online Payment 2024

Here’s how to pay your Aurangabad Property Tax Online for 2024:

1. Begin by visiting the “Pay Property Tax Online” page  https://aurangabadmahapalika.org/TaxCollection/pg/property/getPropertyPgWebApi 

aurangabad property tax online payment

2. You’ll then likely land on a page where you can enter your property details to view your bill and make the payment. This may include fields for:

  • Property Number
  • Ward ID
  • Last Name 
property details page in aurangabad property tax website

3. Once you’ve entered your details, click “Search” or a similar button to locate your property tax information.

4. The website should then display your property details, including the outstanding tax amount for 2024.

property-details-page-in-aurangabad-property-tax-website

5. Look for a button labelled “Pay Online” or “Make Payment”.

6. You’ll be directed to a secure payment gateway where you can select your preferred payment method. Common options include:

  • Net Banking
  • Credit Card
  • Debit Card
  • Online Wallets

7. Follow the onscreen instructions to complete your payment.

8. After your payment is successful, you should be able to download a receipt for your records.

download receipt page in aurangabad property tax website
Source: Scribd

Aurangabad Property Tax Bill/Receipt Download 2024

Here’s how to download your Aurangabad Property Tax Bill/Receipt for 2024 from the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) website:

1. Start by visiting the CSMC payment website: https://aurangabadmahapalika.org/TaxCollection/pg/property/getPropertyPgWebApi  

aurangabad property tax bill receipt download

2. You’ll then likely land on a page where you can enter your property details. This may include fields for:

  • Property Number
  • Ward ID 
  • Last Name

3. Once you’ve filled in your details, click “Search” or a similar button to locate your property tax information.

4. The website should then display your property details, along with the outstanding tax amount for 2024.

5. Look for a button labelled “Print Latest Bill” or “Download Bill”. This option might be visible alongside your property information or on the payment page.

download bill in aurangabad property tax bill receipt download

6. Clicking the button should allow you to download your property tax bill in PDF format.

pdf download bill in aurangabad property tax bill receipt download

Benefits of Aurangabad Property Tax Online Payment

There are numerous advantages to paying your Aurangabad Property Tax online in 2024:

Convenience:

  • Saves Time and Effort: By opting for online payment, you can bypass the queues and long waits at the physical tax office. Instead, you can conveniently make your payment from anywhere, anytime with an internet connection.
  • 24/7 Accessibility: With the online portal accessible 24 hours a day, 7 days a week, you have the freedom to pay at your convenience without being restricted by office hours.

Efficiency:

  • Faster Processing: Online payments are processed immediately, ensuring that your payment reflects in your account much quicker compared to traditional methods.
  • Reduced Risk of Errors: Manual data entry can often result in errors. However, online payments minimise this risk by automatically populating your information based on your property ID.

Security:

  • Secure Transactions: Reputable online payment gateways employ secure encryption protocols to safeguard your financial information during transactions, providing peace of mind.
  • Record Keeping: You have the convenience of easily downloading and storing your payment receipts electronically, allowing for effortless retrieval and reference in the future.

Aurangabad Property Tax Offline Payment 2024

Here’s the step-by-step process for making an Aurangabad Property Tax Offline Payment for 2024:

  1. Gather Required Documents:
    • Property Identification Details
    • Proof of Correspondence Address
    • Owner Identity Proof
  2. Visit the Municipal Corporation Office: Make your way to the Aurangabad Municipal Corporation office in person.
  3. Locate the Tax Payment Counter: Identify designated counters or departments specifically handling property tax payments.
  4. Present Documents and Request Bill: Inform the official of your intention to pay property tax for 2024 and provide your property identification details. They may generate a bill for you if one hasn’t been received.
  5. Verify and Calculate Payment Amount: Thoroughly review the bill for accuracy, ensuring it correctly reflects the property and tax amount for 2024.
  6. Make the Payment: While smaller amounts may be payable in cash, for larger payments, the office may prefer a Demand Draft (DD) made payable to the “Chhatrapati Sambhajinagar Municipal Corporation”.
  7. Obtain Receipt: Upon processing the payment, collect a receipt for your records. Please keep this receipt as evidence of payment and store it for future reference. 

Aurangabad Property Tax Calculator 2024

The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) website provides a property tax calculator for estimating your Aurangabad Property Tax for 2024. Here’s how to access it:

1. Begin by visiting the CSMC website: [https://aurangabadmahapalika.org/TaxCollection/pg/property/getPropertyPgWebApi]

2. Look for the “Tax Collection” section or a link labelled “Property Tax Calculator”.

aurangabad property tax calculator

3. You’ll likely be directed to a page where you can input various property details to estimate your tax liability. These details may include:

  • Zone Name: Choose your property’s zone from a dropdown menu (e.g., A1 Town Hall, B5 Ward B 5).
  • Property Status: Select from options like authorised, unauthorised, partially authorised, etc.
  • Property Registration Status: Choose between Registered or Unregistered.
  • Tax Assessment Year: Since you’re calculating for 2024, select “20242025”.
  • Construction Year: Enter the year your property was constructed (optional).
  • Property Usage: Pick the category that best describes your property’s usage (e.g., Residential, Commercial, Open Plot).
  • Construction Type: Select the type of construction (e.g., Open Land, RCC Roof).
  • Builtup Area (Sq. Ft.): Input the builtup area of your property, encompassing only the area of halls, rooms, and kitchens (in square feet).
calculate button in aurangabad property tax calculator

4. Once you’ve filled in all the relevant details, click the “Calculate” button.

press calculate button in aurangabad property tax calculator

Aurangabad Property Tax Rebate 2024

Property tax rebate serves as a concession on the total tax, benefiting citizens who settle their dues before the deadline. For Aurangabad Property tax, taxpayers stand to receive a 1 per cent rebate if payment is made within 15 days of receipt.

Property investors and homeowners must grasp the nuances of Aurangabad Property tax. Familiarising oneself with factors like the tax rate, rebates, discounts, and other aspects ensures prompt payment.

Notably, Property tax stands as a significant revenue source for local authorities, aiding in the infrastructure development of Aurangabad, Maharashtra.

Aurangabad Property Tax Rate 2024

The Aurangabad Municipal Corporation has put forward plans to raise property tax rates across the city, aiming to bolster revenue generation.

For Residential Properties, the proposed adjustment entails an increase from Re 1 per sq m to Rs 1.25 per sq m, indicating a hike of Rs 0.25 per sq m.

Similarly, for Commercial Properties, the proposal suggests elevating the rate from Rs 28 per sq m to Rs 35 per sq m, resulting in a significant hike of Rs 7 per sq m.

Aurangabad Property Tax Last Due Date 2024

The deadline for Aurangabad Property tax payment falls on the last day of the financial year, which is 31 December.

Aurangabad Property Tax App 2024

The Aurangabad Municipal Corporation (AMC) provides the Smart Nagrik Aurangabad (AMC) app. This multifunctional app caters to various civic services, including property tax-related functionalities such as bill viewing and online payments.

With the Smart Nagrik Aurangabad (AMC) app, users can conveniently:

  • View Property Tax Due: Access property tax bills and review outstanding amounts for 2024.
  • Online Payment: Facilitate secure online payments for property tax through debit cards, credit cards, or internet banking options directly within the app.

To utilise this app for property tax purposes, follow these steps:

  1. Download the App: Search for “Smart Nagrik Aurangabad (AMC)” on the Google Play Store or visit the AMC website for download links.
  2. Know Your Tax: Upon opening the app, locate a section or button labelled “Know Your Tax” or “Property Tax.”
  3. Enter Details: Provide your property ID or other required information to access personalised details.
  4. View and Pay: The app will display your property tax particulars for 2024, including the due amount. Look for a button labelled “Pay Online” or similar to initiate the online payment process.

Aurangabad Property Tax Helpline number 2024

For individuals seeking assistance with Aurangabad Property Tax matters, the Chhatrapati Sambhajinagar Municipal Corporation provides accessible channels for communication. These contact details serve as vital lifelines, enabling residents to connect with municipal authorities for enquiries, assistance, and guidance regarding property tax concerns. Here’s an overview of the available helpline resources:

  • Telephone No.: 02402333536
  • Mobile No.: 0242333537
  • Email ID: contact@aurangabadmahapalika.org/ contact@chhsambhajinagarmc.org.
  • Address: Located at the Main Building, Town Hall, behind the Post Office, Chhatrapati Sambhajinagar, Maharashtra 431001.

Paying Your Aurangabad Property Tax Bill Using NoBroker Pay

NoBroker Pay offers a secure and transparent way to pay your property tax bills in Aurangabad. Here’s a simple guide to completing your payment:

  1. Download the NoBroker Pay App: Get started by downloading the app from your device’s app store.
  2. Set Up Your Account: If you’re a first-time user, fill in your bank details and complete the account setup process.
  3. Select Property Tax: Choose the type of property tax you need to pay from the available options.
  4. Input Your Property Tax Details: Enter all the necessary property tax information accurately.
  5. Review the Bill Information: Take a moment to carefully review the bill details to ensure everything is correct.
  6. Choose Your Payment Method: Select your preferred mode of payment to complete the transaction.
  7. Confirm Payment: Double-check all the details and then confirm the property tax payment to proceed.
  8. Download Receipt: Finally, download the receipt for your records to have a record of your payment.

Legal Services Offered by NoBroker

NoBroker provides a wide range of legal services tailored specifically to Aurangabad property tax transactions. Here’s what we offer:

  1. Document Scrutiny: Our legal team meticulously examines critical documents such as title deeds, property documents, and sale agreements to uncover any potential issues before finalising property deals.
  2. Protection Measures: We conduct thorough checks for existing legal disputes related to the property and verify ownership details to safeguard you from potential fraud.
  3. Service Packages: NoBroker offers various legal service packages designed to meet your specific needs, including buyer assistance, registration assistance, and on-demand services like property title checks and verification of occupancy certificates.
  4. NoBroker Pay: Use NoBroker Pay as a secure and convenient method to make your Aurangabad property tax payments. Plus, easily track all your payments within a single platform.

How to Book NoBroker Legal Services

Follow these steps to book NoBroker Legal Services seamlessly and securely:

  1. Access the NoBroker Platform: Download the NoBroker app on your smartphone or visit the NoBroker website.
  2. Navigate to the Legal Services Section: Locate and click on the NoBroker Legal Services section within the app or website interface.
  3. Browse the Services Offered: Explore the range of services available, including drafting agreements, property verification, and legal consultations.
  4. Select the Desired Service: Choose the specific service you require and fill in your details to initiate the process.
  5. Consultation and Assistance: A NoBroker expert will promptly reach out to you via phone or chat to gather further information. Alternatively, book a free consultation call for any enquiries.
  6. Online Rental Agreements: Additionally, on the legal services page, you’ll find options for online rental agreements that you can purchase and customise directly on the NoBroker website.

Why Choose NoBroker Legal Services

Consider these reasons for choosing NoBroker legal services:

  1. Convenience: Handle legal tasks from the comfort of your home without the need for time-consuming visits to a lawyer’s office.
  2. Affordability: Benefit from remarkably affordable legal services that offer cost-effective solutions compared to traditional lawyers’ fees.
  3. Experienced Lawyers: Collaborate with seasoned lawyers boasting a minimum of 15 years of experience and holding qualifications from the Bar Council.
  4. Streamlined Process: NoBroker streamlines the legal process with pre-defined service packages, simplifying decision-making, and managing all communication with the lawyer on your behalf.
  5. Technology-Driven: Leverage advanced technology to enhance efficiency and service delivery, ensuring a seamless experience for our clients.

NoBroker: Revolutionising Legal Processes for Property Transactions to Enhance Efficiency

To fulfil civic responsibilities and aid community development, homeowners must grasp Aurangabad property tax regulations. Stay informed and leverage available resources to navigate property tax matters effortlessly.

For dependable aid in managing Aurangabad property tax and accessing expert legal advice, book a free consultation with NoBroker’s skilled professionals. Utilise NoBroker Pay for secure and hassle-free Aurangabad property tax payments, all conveniently tracked in one place. Download the app now!

Frequently Asked Questions

Q: What is Aurangabad Mahanagar Palika Property Tax?

Ans: Aurangabad Mahanagar Palika Property Tax refers to the tax imposed by the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) on properties situated within the boundaries of Aurangabad City, Maharashtra, India. The funds collected aid in financing various civic services and infrastructure development initiatives within the city.

Q: How to search Aurangabad Municipal Corporation Property Tax Bill by Name 

Ans: Unfortunately, the Aurangabad Municipal Corporation (AMC) doesn’t currently allow searching for property tax bills by name. Property tax bills are typically linked to a specific property identification number or assessment number.

Q: How can I calculate my estimated Aurangabad Property Tax for 2024?

Ans: The Aurangabad Municipal Corporation (AMC) website likely offers a property tax calculator. You can access it and enter details like property zone, type, area, and year (2024) to get an estimated amount for your property tax dues.

Q: Are there any rebates available for Aurangabad Property Tax in 2024?

Ans: The availability of property tax rebates can change from year to year. You can check the AMC website or contact the CSMC to see if any rebates are applicable for 2024. These might include early payment discounts, senior citizen rebates, or rebates for specific property types.

Q: What is the current property tax rate for Aurangabad in 2024?

Ans: Aurangabad property tax rates can vary depending on factors like property type, location, and size. There might be different rates for residential, commercial, and vacant land properties. It’s difficult to provide a single rate.

Stamp Duty and Registration Charges in Pune 2024

Stamp Duty and Registration Charges in Pune 2024

Stamp duty and registration charges in Pune are essential aspects of property transactions. In 2024, stamp duty rates typically range from 5% to 7% of the property value, while registration charges are approximately 1% of the property’s market value. Understanding these charges is crucial for buyers and sellers to facilitate seamless property transactions in Pune.

The Maharashtra government, under whose jurisdiction Pune falls, continues to emphasise online services for property registration and stamp duty payments. This simplifies the process, reduces paperwork, and potentially expedites approval. The existing rebate on stamp duty for women property buyers (1%) and senior citizens (1%, with a maximum limit of Rs. 1 lakh) remains applicable in Pune for 2024. This blog covers everything from the latest stamp duty and registration charges in Pune to the reasons why you have to pay these taxes on top of the property valuation money.  (Note – The rates for stamp rates come out annually on the 31st January of each year).

Understanding Stamp Duty 

When buying a house by paying upfront, or via a home loan, we tend to forget the money needed to pay stamp duty registration charges in Pune. But these extra costs are significant and should be considered when planning the finances for the house.

What is Stamp Duty?

The stamp duty came into effect after the Stamp Duty act in 1899 was passed. A tax levied on the instrument before any type of transaction between at least two parties must be documented concerning property (tangible/intangible, movable/immovable). The primary purpose of the Stamp Duty is to raise money for the Government, and thus the stamp duty in Pune has to be paid in full and before the deadline. Stamp duty is necessary for sale deeds, conveyance deeds, transfer of power of attorney, etc.

For example, when selling a used flat, the stamp duty in Pune for a resale flat is to be paid by the buyer to make the transaction official and legally binding. Thus, the stamp duty is essential because the document facilitates the creation, transfer, and closure of any other aspect regarding property ownership. The stamp duty charges in Pune can be paid either based on the specifics mentioned in the instrument or on a fixed basis. If the property is immovable, then the stamp duty must be paid after determining the property’s actual value.

Stamp duty and registration charges in Pune 2024

Stamp duty and registration charges in Pune for 2024 vary depending on the type of property transaction. Sale deeds typically incur stamp duty rates between 5% to 7% of the property value, with registration charges around 1%. For gift deeds, stamp duty is generally 3%, while registration charges remain at 1%. Lease deeds have variable stamp duty rates, and conveyance deeds follow the same stamp duty and registration charge structure as sale deeds. Understanding these charges is crucial for individuals involved in property transactions in Pune.

Type of DocumentStamp Duty (%)Registration Charges (%)
Sale Deed5% – 7%1%
Gift Deed3%1%
Lease DeedVaries1%
Conveyance Deed5% – 7%1%

Factors that Will Determine Stamp Duty and Registration Charges in Pune 2024-25

Stamp Duty and Registration Charges in Pune
Stamp duty varies based on multiple factors

The state government of Maharashtra imposes registration and stamp duty charges in Pune for all freehold and leasehold land, including agricultural land. These charges also apply to properties such as homes, residential flats and commercial spaces. However, since there are different types of properties, the actual amount of the stamp duty and registration charges Pune depends on certain factors such as:

1. Property Type: The tax paid on commercial properties is comparatively more than the fees paid on residential homes. 

2. Property Location: The property location also plays a crucial role in the tax charges. Properties in Rural and semi-urban areas have to pay less than the stamp duty and registration charges in Pune.

3. Market Value: The total area and the property’s market value are also factors that are considered when calculating the current stamp duty and registration charges in Pune.

4. Age & Gender of the Owner: Government often gives extra concessions depending on the age and gender of the owner. Stamp duty and registration charges can be subsidised for senior citizens and women. 

Stamp Duty Charges in Pune – Mode of Payments  

You can choose to pay the stamp duty changes in the following method that suits you best. There are four modes of payment that are authorised by the governing body.

1. Non-judicial Stamp Paper – This is the least popular mode of payment. It takes more time and is full of hassles (especially during the pandemic). But if this is the chosen method, the buyer has to get physical stamp paper from a licensed vendor and get the executed instrument printed on the stamp paper. This can be a viable option for stamp duty on resale flats in Pune, but it may not be a viable option where the stamp duty is of a larger denomination. 

2. Franking a document – This mode of payment depends on the applicant applying with an authorised franking agency or a bank to pay the stamp duty (along with the stamp). However, the maximum stamp duty is capped at Rs. 5000 / document. 

3. Electronic Secured Bank Treasury Receipt (e-SBTR) – To make the payment of stamp duty in Pune easier for the buyer, the Government introduced an online payment gateway – Electronic Secured Bank Treasury Receipt (e-SBTR). The applicant must fill the “input form” at the bank branch office that proves the e-SBTR facility and pay the required stamp duty amount. Once the payment is successfully made, the authorities register the details in the Government Visual Treasury to create a pre-printed e-SBTR that serves as proof of payment. However, it is necessary to note that the applicant must physically collect the e-SBTR from the respective bank branch office. 

4. Government Receipt Accounting System (GRAS) – If the applicant prefers to do the entire process online, then the government has an electronic payment system GRAS that enables the buyer to pay stamp duty in Pune via an e-challan that is accepted at the sub-registrar’s offices. However, there is a limitation that this can be done only for compulsory registrable documents (as under Section 17 of the Registration Act, 1908). GRAS is the most preferred payment mode for buyers who have availed of a home loan on the property.

Stamp Duty and Registration Charges in Pune For Female 2024

Stamp duty and registration charges in Pune for female property buyers vary slightly from those for male buyers. As of 2024, female buyers often benefit from discounted rates compared to their male counterparts. These charges are calculated based on the property’s market value and are typically lower for women to encourage property ownership. Women buyers can avail of a 1% concession on stamp duty as compared to the usual stamp duty of 6%. Thus, if the stamp duty is 6%, women would need to pay only 5%. This concession in stamp duty is only applicable to residential property, not commercial or industrial property.

Stamp Duty and Registration Charges in Pune for Male 2024

Stamp duty and registration charges in Pune for male property buyers are determined by the property’s market value and prevailing government regulations. As of 2024, male buyers may incur standard stamp duty rates applicable to their property transactions. Male buyers need to familiarise themselves with the current stamp duty and registration charges to make informed decisions when purchasing property in Pune. Consulting with legal experts or local authorities can provide clarity on specific charges applicable to male buyers in Pune for the year 2024. Stamp duty and registration charges in Pune for Males is 7%  (Stamp Duty 5%+ Metro Cess 1 %+ Local Body Tax 1%).

Stamp Duty and Registration Charges in Pune for Resale Flat 2024

When purchasing a resale flat in Pune in 2024, buyers need to be aware of stamp duty and registration charges. These charges are calculated based on the property’s market value and vary according to the location and type of property. It’s essential for buyers to thoroughly understand these charges to budget effectively and avoid any surprises during the property transaction process. The current stamp duty and Registration charges in Pune for Resale flat is 5% Stamp Duty + 1%LBT + 1% Metro Cess + 1% Registration Charges (Max. Rs. 30,000/-).

Stamp Duty and Registration Charges in Pune For New Flat 2024

When purchasing a new flat in Pune in 2024, buyers should be aware of stamp duty and registration charges. These charges are based on the property’s market value and are essential considerations for budgeting purposes. Buyers should verify the latest government regulations and consult with legal advisors to understand the specific stamp duty and registration charges applicable to new flat purchases in Pune for the year 2024. The current Stamp Duty and Registration Charges in Pune For New Flat is 5% Stamp Duty + 1%LBT + 1% Metro Cess + 1% Registration Charges (Max. Rs. 30,000/-).

Stamp Duty and Registration Charges in Pune Calculator 2024

Understanding stamp duty and registration charges in Pune is crucial for property buyers. A calculator simplifies this process, providing accurate estimates based on property value. This is how it works: 

  1. Enter Property Details: Input property details such as type, location, and value into the calculator.
  1. Calculate Stamp Duty: The calculator computes stamp duty based on the property’s market value and applicable rates.
  2. Estimate Registration Charges: It also estimates registration charges based on stamp duty and property value.
  3. Example: For a property valued at Rs. 50 lakhs, with a stamp duty rate of 6%, the stamp duty would be Rs. 3 lakhs. Registration charges (approximately 1% of the property value) would amount to Rs. 50,000.
  4. Total Cost: The calculator sums up stamp duty and registration charges to provide the total cost of property acquisition.

Stamp Duty And Registration Charges For Conveyance Deed In Pune 2024

Understanding stamp duty and registration charges for conveyance deeds in Pune is crucial for property transactions. In 2024, these charges are determined based on the property’s market value and type. For instance, the stamp duty rate for conveyance deeds typically ranges from 5% to 7% of the property value, while registration charges are approximately 1% of the property value. Buyers and sellers need to be aware of these charges to facilitate a smooth conveyance deed process and avoid any legal complications. The current stamp duty and registration charges for conveyance deeds in Pune is 3% for properties in gram panchayat areas and 5% for properties in municipal areas.

Stamp Duty And Registration Charges For Gift Deed In Pune 2024

In Pune, stamp duty and registration charges for gift deeds in 2024 are significant considerations for property transfers. The stamp duty for gift deeds is typically calculated at 3% of the property’s market value or the government-determined guidance value, whichever is higher. Registration charges, on the other hand, are approximately 1% of the property’s market value. Both the donor and the recipient must understand these charges to ensure a smooth transfer process and avoid any legal complications.

Stamp Duty And Registration Charges For Lease Deed In Pune 2024

Landlords and renters alike need to comprehend the stamp duty and registration fees associated with lease deeds in Pune. These fees are normally computed in 2024 using the lease term and the total amount of rent due over the lease duration. For lease deeds, stamp duty is 5%. Usually, registration fees amount to 1% of the overall lease amount. For the leasing agreement procedure to go well and to stay out of legal trouble, both parties must be informed of these fees. It is possible to get clarification on the precise fees that will apply to lease deeds in Pune in 2024 by speaking with legal professionals.

Steps for Online Payment of Stamp Duty and Registration Charges for Flats in Pune

Step 1 – Visit https://gras.mahakosh.gov.in/echallan/ (Maharashtra Stamp Duty Online Payment Portal).

online payment of stamp duty and registration charges for flats in pune

Step 2 – Register on the portal if you wish to. (recommended)

Step 3 – If you choose to pay without registering, then click on “Pay without Registration” and then “select citizen” and the type of transaction that you want to do on the new page.  

select citizen page in stamp duty and registration charges for flats in pune

Step 4 – You will see the option to “Pay to register your document”, where you choose to pay just the stamp duty or just the registration or stamp duty + registration fees. 

pay to register your document page for online payment of stamp duty

Step 5 – Now, you will need to enter the correct details such as District, Sub-Registrar office, Party details, Property details and Property value details. 

Step 6 – This is the last step, and the only thing left to do now is select the desired payment mode and generate the challan. 

Ready Reckoner Rates in Pune

The government-set amount below which a property cannot be sold in a particular location is called the ready reckoner rate (RR), sometimes known as the circular rate, and it is used throughout Maharashtra. The stamp duty calculation will still be based on the RR rates if the seller has set the price of the property lower than the government-fixed ready rates.

The buyer can determine the property’s valuation and subsequent stamp duty by multiplying the circle rate by the area of the property.

To illustrate-

Let’s say Dev decides to purchase a house with 500 square metres of carpet. The property circle rate per square metre is Rs 42,760. In this instance, the property’s total worth will be as follows: 

500 x 42,760 = Rs 21,380,000 which is  Carpet area x rate per square metre

Given that the Pune stamp duty is 5% of the value of the property, Dev will be required to pay Rs 10,69,000 in stamp duty. Dev will pay an additional Rs 30,000 as the registration fee because the property is valued at more than Rs 30 lakhs.

Checklist for Document Registration and Property Registration Charges in Pune

Document Registration and Property Registration Charges in Pune
ID proof is needed for Property Registration in Pune

Following documents are needed to ensure that the registration of the documents is done without any hurdles. 

  • Identity proof documents such as Pan Card, Passport, Driving License, etc. (of the seller as well as the purchaser)
  • The original deed document, along with two photocopies that are submitted to the Sub-Registrar of Assurances.
  • The proof of payment (challan) of the Stamp Duty.
  • Payment details of the transaction
  • The Khata certificate and receipt of taxes paid

Points to Consider Before Paying Stamp Duty in Pune

When it comes to paying stamp duty in Pune, it’s important to be well informed about the process and the factors that can affect the stamp duty rate. To ensure a smooth transaction, here are some key points to consider before paying stamp duty in Pune:

  • Verify the property documents: Before paying stamp duty, make sure that the property documents are in order and that there are no legal disputes related to the property.
  • Check the stamp duty rate in Pune: The stamp duty rate in Pune is set by the Maharashtra government and can vary based on factors such as the type of property, the purpose of the transaction, and the buyer’s age.
  • Calculate the total cost: In addition to stamp duty, there are also registration charges that must be paid. Calculate the total cost of stamp duty and registration charges to ensure that you have enough funds to complete the transaction.

What Are the Factors That Affect Stamp Duty in Pune?

The amount of stamp duty you’ll need to pay in Pune is affected by a variety of factors. Understanding these factors can help you estimate the total cost of the transaction and make informed decisions when purchasing a property. Some of the factors that can affect stamp duty in Pune include:

  • Type of property: Whether you’re buying a residential or commercial property can affect the stamp duty rate.
  • Purpose of the transaction: The stamp duty rate can also vary based on whether the property is being purchased for personal use, investment, or commercial purposes.
  • Buyer’s age: The stamp duty for senior citizens may be lower than for other buyers.
  • Location of the property: The location of the property can also affect the stamp duty rate in Pune.

Are Tax Benefits Available on Stamp Duty and Registration Charges?

While stamp duty and registration charges can be substantial, there are tax benefits available to help offset the costs. It’s important to understand these benefits and how they can help you save money. Here are some of the tax benefits that may be available in Pune:

  • Tax deductions under Section 80C of the Income Tax Act: You may be eligible to claim a tax deduction for the amount paid towards stamp duty and registration charges, up to a limit of INR 1.5 lakhs per financial year.
  • Tax benefits for first-time home buyers: If you’re a first-time home buyer, you may be eligible for additional tax benefits, such as a tax deduction for the interest paid on a home loan.

Understanding the exact stamp duty and registration charges in Pune for your home can be tricky if you have not done the process before. This is why NoBroker offers professional and expert help to home buyers who wish to take help from people who have plenty of experience in paying stamp duty and registration charges. Our experts help you understand the entire process and help you until the registration is done successfully. If you wish to consult our expert, just drop a comment below this article, and our team will reach out soon. 

Frequently Asked Questions

Q: What is the current Pune stamp duty rate?

Ans: The current stamp duty rate in Pune varies based on the property type, location, and transaction value. As of now, it typically ranges from 5% to 7% of the property’s market value.

Q: Do women owners get concession in stamp duty in Pune?

Ans: Yes, the Maharashtra Government announced in March 2021 that if the home is under a woman’s name, they will receive a 1 per cent subsidy in the stamp duty changes. The dates for 2024 will be announced on the 31st of January 2024.


Q:
What are the home registration charges in Pune?

Ans: The registration changes to be paid on the home depend on the total value of the property. If the property value is below Rs. 30 lakhs, then the amount paid is 1% of the total value. On the other hand, if the property value exceeds Rs. 30 lakhs, then the amount is capped at Rs. 30,000.  

Q: Can Stamp Duty and Registration charges in Pune be paid online?

Ans: Yes, it is possible to pay the charges online by using the Government’s electronic payment portal. 

Stamp Duty and Registration Charges in Bangalore 2024

Stamp Duty and Registration Charges in Bangalore 2024

Bangalore, with its urban lifestyle, work-life balance, excellent infrastructure, and pleasant weather, is a top choice for Indians and NRIs. Stamp Duty and Registration Charges in Bangalore are significant expenses that every property buyer needs to understand.  This article explores the current rates for stamp duty and registration charges in Bangalore.

(Note – The stamp duty rates are annually announced on the 31st of January of each year.)

Stamp Duty in Bangalore

The stamp duty rates are different in various states and are levied based on the market value of other properties. In the light of the ongoing pandemic, all sectors, including real estate, have been seeing slow progress. To revive this situation, the Karnataka government has made some changes in the stamp duty of Bangalore. But why do the rates differ in each state?

Stamp Duty in Bangalore
The Karnataka Government is trying to make housing more affordable for a large number of non-residents in the city.

Several factors help determine the stamp duty rates of a state. They are:

  1. Age of property– Stamp duties are collected based on the total value of a property. With time, the value of a property depreciates. That is why older properties come cheaper compared to brand new ones. 
  2. Age of Property owner– Senior citizens benefit from paying a subsidised stamp duty rate in most states. That’s why age is also a significant determinant of stamp duty charges.
  3. Gender of the owner– In most states, females pay a subsidised stamp duty rate than males. That’s why gender is also an important factor.
  4. The purpose for buying the property– Commercial properties attract higher stamp duty charges as compared to residential properties. Why? Because they will inevitably have a plethora of amenities than residential buildings and also amass a significant revenue as the years go by.
  5. Property location– Stamp duty charges vary considerably based on urban or village panchayat areas. 
  6. Extra amenities– The more the amenities, the higher is the stamp duty. An independent builder floor flat will attract lesser stamp duty than a residential flat packed with a library, gym and swimming pool.

The Karnataka government has slashed the stamp duty rates and amendments to the original Stamp Duty Act, 1957. Under this amendment, the stamp duty charges have been cut to 3% for properties priced between Rs 35 lakh and Rs 45 lakh.

In 2020, the Government already slashed the stamp duty rates for properties priced less than 35 lakhs. For properties priced above 45 lakhs, you have to pay 5% additional on the total property value as stamp duty. There is a further 10% cess and 2% surcharge on the stamp duty rates for properties under this range. In total, a 5.6% stamp duty is levied in urban areas. For properties under the Village Panchayat, stamp duty is 5.65%.  However, there is no change in the property registration charges.

Current Stamp Duty and Sale Agreement Registration Charges in Bangalore

GenderStamp Duty rates Registration Charges
Male owner5% on properties >Rs 45 lakh3% on properties between Rs 21-45 lakh2% on properties< Rs 20 lakh1% of  property value
Female owner5% on properties> Rs 45 lakh3% on properties between Rs 21-45 lakh2% on properties <than Rs 20 lakh1% of property value 
Joint (Male + Female) owners5% on properties >Rs 45 lakh3% on properties between Rs 21-45 lakh2% on properties<Rs 20 lakh1% of property value 
Joint (Male + Male) owners5% on properties> Rs 45 lakh3% on properties between Rs 21-45 lakh2% on properties<Rs 20 lakh1% of property value 
Joint (Female + Female) owners5% on properties> Rs 45 lakh3% on properties between Rs 21-45 lakh2% on properties< Rs 20 lakh1% of property value

Property Registration Charges in Bangalore

Property Registration Charges in Bangalore
There is no change in the property registration charges for properties in Bangalore

Although stamp duty rates have been slashed, there is no change in Bangalore’s current home registration charges. Based on the constant rate, a buyer has to pay 1% of the deal value as a registration charge in addition to the stamp duty charges. However, if you are a first-time homebuyer, you get a rebate for first-time registration. 

Flat Registration Charges in Bangalore

Flat Registration Charges in Bangalore
Both real estate agents and buyers are breathing a sigh of relief with the recent slash in stamp duties in Karnataka

You have to pay 1% of the total property value as a property registration fee in Bangalore.
In case of resale flats, with age, stamp duty for resale flats decreases. However, the registration charges still stand at 1% of the total market value of the resale flat.

Stamp Duty and Registration Charges in Bangalore (2024): Current Rates 2024

Here’s a breakdown of the current stamp duty and registration charges in Bangalore for 2024:

Stamp Duty:

  • Up to Rs. 20 lakh: 2%
  • Between Rs. 21 lakh and Rs. 45 lakh: 3%
  • Above Rs. 45 lakh: 5%

Additional Charges (applicable on stamp duty):

  • Cess: 10% (except for rural areas)
  • Surcharge:
    • Urban Areas: 2% (for properties above Rs. 35 lakhs)
    • Rural Areas: 3% (for properties above Rs. 35 lakhs

Registration Fee:

  • 1% of the property value (no matter the ownership type or value)

Important Points:

  • The stamp duty and surcharge are calculated on the higher of the following two values:
    • The market value of the property
    • Guidance value set by the government
  • The cess and registration fees are calculated on the property value.

Example:

Let’s say you’re buying a property in Bangalore with a market value of Rs. 40 lakh:

  • Stamp Duty: Rs. 40 lakh * 3% = Rs. 1,20,000
  • Cess: Rs. 1,20,000 * 10% = Rs. 12,000 (applicable in urban areas)
  • Surcharge: Rs. 1,20,000 * 2% = Rs. 2,400 (applicable in urban areas)
  • Registration Fee: Rs. 40 lakh * 1% = Rs. 40,000
  • Total Cost: Rs. 1,20,000 (Stamp Duty) + Rs. 12,000 (Cess) + Rs. 2,400 (Surcharge) + Rs. 40,000 (Registration Fee) = Rs. 1,74,400

Stamp duty and registration charges in Bangalore for Females and Men in 2024

There’s no difference in stamp duty and registration charges in Bangalore based on the buyer’s gender. Just like for women, men also pay the same rates.

Here’s a breakdown of the charges again:

  • Stamp Duty:
    • 2% for properties less than Rs. 20 lakh
    • 3% for properties between Rs. 21 lakh and Rs. 45 lakh
    • 5% for properties above Rs. 45 lakh
  • Registration Charge: Flat 1% of the property value

House Registration Charges in Bangalore 2024

House Registration Charges in Bangalore
The registration charge is the same for all types of properties in Bangalore.

For both individually or jointly owned(male/female) houses, the registration charges are at 1% of the total property value.

Site Registration Charges in Bangalore 2024

Site Registration Charges in Bangalore
Site Registration

In Bangalore, if you need ownership of a site, you have to pay 1% of the total market value of the particular property site as the site registration charge.

Land Registration Charges in Bangalore 2024

Land Registration Charges in Bangalore
According to Section 17 of the Indian Registration Act, 1908, it is mandatory to register the documents regarding the transfer, sale or lease of property.

During this process, the seller transfers the ownership of the land to the buyer. The buyer, in turn, has to pay a certain fee to the Government for registering the land under their name. In this case, too, the new owner has to pay 1% of the total market value of the land.

Sale Agreement Registration Charges in Bangalore 2024

The stamp duty for sale agreement registration is usually 0.1% of the Sale consideration or the Guidance value, whichever is higher. However, the registration charges remain at 1% of the total property/land value.

Area Taken into Consideration Depending on Type of Property when Calculating Stamp Duty

Property TypeMethod of Stamp Duty Calculation
Empty Plots of LandSquare foot area of plot x Current Guideline Value
Independent HomesTotal Constructed Area
Multi-storey ApartmentsSuper Built-Up Area

GPA Registration Charges in Bangalore 2024

GPA Registration Charges in Bangalore
A GPA must be registered with the sub-registrar’s office to get legal validity.

During the sale of land or property, the seller transfers the Power of Attorney to the buyer. It means that the seller has granted permission to use his property in whatever way they like. But, of course, this includes the future sale of the property too. 

Article 41 of the Karnataka Stamp Act mandates that Rs 100 will be levied individually for stamp duty and registration charges in Bangalore.

Stamp Duty And Registration Charges For Conveyance Deed In Bangalore 2024

The stamp duty rates applicable to conveyance deeds in Bangalore are as follows:

Document: Conveyance (flats/apartments)

  • Stamp Duty: 5% on market value + additional duty + surcharge
  • Registration Fee: 1%

Document: Conveyance by KHB/BDA

  • Stamp Duty: 5% on consideration as per the document + additional duty + surcharge
  • Registration Fee: 1%

Document: Conveyance on Transferable Development Rights (TDR)

  • Stamp Duty: 5% on the market value or higher value + additional charge + surcharge
  • Registration Fee: 1%

Stamp Duty And Registration Charges For Gift Deed In Bangalore 2024

For property transfers through a gift deed in Bangalore, the following stamp duty charges apply:

If the donee is not a family member of the donor:

  • Stamp Duty: 5% + Surcharge + Additional duty

If the donee is a family member of the donor:

  • Stamp Duty: Rs 1000 + Surcharge + Additional duty

Stamp Duty And Registration Charges For Lease Deed In Bangalore 2024

When transferring property via a lease deed in Bangalore, the following charges are applicable:

  • Up to 1 year residential: 0.5% on the average annual rent (AAR) + Advance + Premium + Fine (Max. Rs. 500)
  • Up to 1 year commercial and industrial: 0.5% on AAR + Advance + Premium + Fine (Rs. 5 for every Rs. 1000/- or part thereof, Min. Rs. 100)
  • 1 year to 10 years: 1% on AAR + Advance + Premium + Fine (Rs. 5 for every Rs. 1000/- or part thereof)
  • 10 years to 20 years: 2% on AAR + Advance + Premium + Fine (Rs. 5 for every Rs. 1000/- or part thereof)
  • 20 years to 30 years: 3% on AAR + Advance + Premium + Fine (Rs. 5 for every Rs. 1000/- or part thereof)
  • Above 30 years or perpetuity or not for a definite term: As per Article 20 on market value or AAR + advance + premium + deposit + fine (whichever is higher)
  • Lease Only between Family members: Rs. 1000/- and Registration Fee: Rs. 500/-

Stamp duty and registration charges for joint development agreement in Bangalore 2024

A joint development agreement for the sale of immovable property attracts stamp duty at one per cent of the total market value or a maximum of Rs. 15 lakhs. The registration fee for this agreement is also one per cent or a maximum of Rs. 150,000.

Stamp Duty And Registration Charges For Rental Agreement In Bangalore 2024

Stamp duty and registration charges for rental agreements in Bangalore vary based on the tenure:

  • For a rental period of less than one year: 0.5% stamp duty or a deposit of Rs. 500 (whichever is lower)
  • For 1 to 10 years of renting: Stamp duty is a percentage of the total annual rent or a deposit of Rs. 500 (whichever is lower)
  • For a lease duration of 10 to 20 years: Stamp duty is 2% of the annual rent or a deposit of Rs. 500 (whichever is lower)

Stamp Duty And Registration Charges For Cancellation Deed In Bangalore 2024

The charges for a cancellation deed in Bangalore are as follows:

a) Cancellation of any instrument previously executed on which stamp duty has been paid as per any article of the schedule:

  • Same duty as on the original agreement
  • Rs. 100 or 1% on market value if it is a cancellation of conveyance (if the original agreement is a conveyance on sale, then the stamp duty will be as per Article 20(1))

b) In favour of Government or Local Authorities: Rs. 100

c) In any other case: Rs. 100

Tax Benefits on Stamp Duty and Registration Charges in Bangalore 2024

Purchasing a home can be a significant financial commitment, but homebuyers in Bangalore can take advantage of tax exemptions on the amount paid for stamp duty and registration charges. The maximum tax deduction limit is Rs 1,50,000 under Section 80C of the Income Tax Act 1961. However, there are certain criteria to be met to avail of these benefits:

  • Property Ownership: To claim tax benefits, the property must be legally registered in the individual’s name.
  • Completion of Construction: The property’s construction should be fully completed.
  • Joint Ownership: Tax exemptions also apply to jointly owned properties. Co-owners can claim these expenses in their Income Tax Returns (ITRs) based on their share in the property.
  • Excluded Properties: It’s important to note that tax benefits do not apply to commercial properties, resale properties, and residential plots.
  • Genuine Expenses: To qualify for tax benefits in Bangalore, the actual expenses incurred for stamp duty and registration charges must be documented and substantiated.

Factors Affecting Stamp Duty Charges 2024

Stamp duty rates are determined by a variety of factors. Homebuyers must take these factors into account because they have an impact on Bangalore’s and other cities’ house or apartment registration fees.

  • Nature of property- Stamp duty rates are higher for commercial properties.
  • Location of property- Urban properties are subject to higher stamp duties.
  • Age of the property- Older buildings are less expensive.
  • Gender of owner- Women typically pay less in state stamp taxes. Both men and women pay the same rates in Bangalore.
  • Age of the buyer- Seniors would pay cheaper stamp duty.
  • Amenities and services- Greater amenities equate to higher stamp duty.

Calculating Stamp Duty and Registration Charges in Bangalore Online 2024

Calculating Stamp Duty and Registration Charges in Bangalore Online
Unlike a lot of north-Indian states, stamp duty is the same for both genders here in Bangalore.

Stamp duty rates are never fixed and can be changed several times based on the condition of the real estate sector. Karnataka Government has no set timelines for the revision of stamp duty and registration charges. 

Another notable feature is that unlike some states like Haryana and Rajasthan, Karnataka does not distinguish between male and female owners in Bangalore as far as stamp duty is concerned. 

Let us take a look at the prevalent standards for calculating stamp duty in Bangalore:

  • For multi-storeyed apartments, stamp duty is calculated based on the super-built-up area of the property.
  • For a plot of land, the property area in sq. ft is multiplied by existing guideline values of the concerned area.
  • For independent builder floors, the total construction area will be considered.

For the city of Bangalore, stamp duty revisions often happen due to:

  • The existing market rate of properties.
  • Expansion of city limits.
  • The performance of the property in the real estate market.

If you are buying or wish to buy a property in Bangalore, you can check the stamp duty for the same by checking the stamp duty calculator services rendered by the Karnataka government. 

Follow these steps:

  1. Visit the Kaveri Online Services portal.
Stamp Duty and Registration Charges in Bangalore

2. Select the “Nature of the document” to proceed further. We have selected the “Sale of Flat” option here for illustrative purposes. Then click on the “Show Details” tab.

Nature of the document Stamp Duty and Registration Charges in Bangalore

3. Now, you will be required to fill in all the necessary details like the Region Type- whether BBMP, City corporation, Gram Panchayat or something else. You can choose the appropriate region type from the Drop-down menu.  Some other values that are to be provided are the Indicative Market Value and Indicative Consideration amount. If you don’t know the market value, you can find out by clicking the “Calculate Market Value” tab.

fill necessary details page in Stamp Duty and Registration Charges in Bangalore

4. On filling in these details, the calculator will show your Total Stamp duty along with the Government duty, surcharges and registration fees for your property.

fill necessary details page in Stamp Duty and Registration Charges in Bangalore

Bangalore Registration Charges for Properties 2024

You must pay the registration cost, stamp duty, and challan charge to register a property in Bangalore. You also need to pay some additional surcharges on top of that. To get a clearer idea of the upfront costs involved, explore a “home registration charges in Bangalore” calculator before finalising your property purchase.

Bangalore charges 1% of the property’s value as the registration cost for registering real estate.

Stamp Duty Surcharge In Bangalore 2024

There are three different sorts of extra fees: BMRDA and surcharges, BBMP and corporate surcharges, and BBMP and village area cess. These are, accordingly, 10%, 2%, and 3% of the stamp duty.

Additionally, you must pay 5.6% of the property’s value in stamp duty.

You can use the online stamp duty calculators to figure out the stamp duty. Simply enter your property’s information and select the calculate option.

Karnataka State Government Slashes Stamp Duty by 3%

The state of Karnataka has recommended a 3 percent reduction in stamp duty fees for properties worth between Rs. 35 lakh and Rs. 45 lakh. Only properties that fit under the category of affordable housing will be eligible for the reduction in stamp duty. Since this market makes up 48% of the nation’s unsold inventory, a decrease in stamp duty fees would encourage the selling of such properties.

Latest Updates and News on Stamp Duty in Karnataka 2024

After a gap of 28 years, the State Government has this week effected a hike between 200% and 500% in the Stamp Duty charges for all documents that do not require registration. A Bill to this effect was tabled and passed in the recent Legislature session in Belagavi, said informed sources. The Karnataka Stamp Act 1957 has been amended as the Karnataka Stamp (Amendment) Act 2023.

The Governor gave his consent for the amendment on February 3 and the gazette notification on the new rates was issued the same day.

A total of 25 kinds of documents are covered under it, including partition, adoption deed, affidavit, cancellation of deed, reconstruction or demerger of companies, hypothecation of movables, reconveyance of mortgage, and so on. This, however, does not apply to Property Tax.

Registration Charges Calculator Bangalore 2024

Follow the exact steps mentioned above and you will get your registration charges for Bangalore too. However, you can calculate this yourself. For Bangalore, the registration charge is 1% of the market value. So, a property worth Rs 1 crore will have a registration charge of 1 lakh.

Legal Services Offered by NoBroker

NoBroker offers legal assistance specifically geared towards property transactions. Here’s a breakdown of our services:

  • Document Scrutiny: Our legal team examines crucial documents like title deeds and sale agreements to identify potential problems before finalising the property deal. 
  • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
  • Packages: NoBroker offers various legal service packages. These can include:
    • Buyer Assistance: We provide guidance and support throughout the buying process.
    • Registration: We handle property registration, saving you time and hassle.
  • On-Demand Services: If you don’t need a full package, they offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
  • Free Consultation: NoBroker offers a free consultation to discuss your needs and get initial legal advice related to property.

Why Choose NoBroker Legal Services?

On-time Delivery Guarantee: No more waiting endlessly for your legal documents. NoBroker guarantees delivery within a set timeframe, so you can plan accordingly and avoid delays.

Legally valid in the court of law: All documents drafted and processed by NoBroker’s legal team adhere to strict legal guidelines, ensuring they are enforceable in a court of law if necessary.

Same-Day Delivery: In urgent situations, NoBroker offers same-day delivery for specific legal documents, ensuring you have them when you need them most.

Aadhar E-Sign: NoBroker leverages Aadhar E-Sign, a secure digital signature platform, for a smooth and legally compliant signing experience. This eliminates the need for physical paperwork and streamlines the entire process.

How to Book NoBroker Legal Services

Here are the simple steps to secure our services for a smooth and hassle-free service:

  1. Download/ Visit the NoBroker app.
  2. Visit the NoBroker Legal Services page.
  3. Explore the different service packages offered. We cover tasks like drafting agreements, property verification, and legal consultations.
  4. Once you decide on a service, fill in the necessary details and complete the form. 
  5. Then you’ll be contacted by our NoBroker experts for further details. This contact might be through a phone number or a chat window. Also, you can book a free consultation call for further enquiries. 
  6. NoBroker’s legal services page also highlights their online rental agreements. These agreements can be directly purchased and customised on the NoBroker website.

Registration Charges Calculator Bangalore

Follow the exact steps mentioned above and you will get your registration charges for Bangalore too. However, you can calculate this yourself. For Bangalore, the registration charge is 1% of the market value. So, a property worth Rs 1 crore will have a registration charge of 1 lakh.

Buying a new house is always a great experience. However, figuring out all the payable charges according to the law can be a hassle. Make your house buying experience smoother with our legal assistance at NoBroker who can advise you regarding the stamp duty and registration charges in Bangalore. Want to know more about property related updates in various cities? Visit our site and stay updated with the recent developments.

Frequently Asked Questions

Q: What is the current stamp duty rate in Bangalore?

Ans: The current stamp duty rate in Bangalore is 3% of the total property value.

Q: What is the ongoing property registration fee for Bangalore?

Ans: Currently, it is 1% of the total market value of the property in addition to the stamp duty. 

Q: Are stamp duty rates different for men and women?

Ans: In Bangalore, the stamp duty rates are the same for both men and women.

Q: How can I calculate the stamp duty of Bangalore online?

Ans: You can log in to the official stamp duty calculator portal of the Karnataka Government and calculate your stamp duty.

Q: Are stamp duties the same everywhere in Bangalore?

Ans: Stamp duty rates are currently at 3% of the total market value of the property. However, the amount of stamp duty will be different since property values in each locality are different.

Q: When will the stamp duty rates for 2024 be out?

Ans: The rates are announced each year on the 31st of January.

NMMC Property Tax Navi Mumbai – Online Payment, Bill Download 2024

NMMC Property Tax Navi Mumbai – Online Payment, Bill Download 2024

Mumbai is one of the metropolitan cities of India. One can also call it the hub of dreams. Some of the localities confine the mixed-sized wealth of the entire city. Composed of towns like Vashi, Belapur, Turbhe, Nerul, Airoli, Ghansoli, and Koparkhairane, this whole area comes under a common name, “Navi Mumbai.” Spanning an area of around 105 km, this area is administered by the municipal corporation. The municipal corporation’s tax from the property owners is known as Navi Mumbai Property Tax.

Navi Mumbai, a satellite city of Mumbai, mandates property owners to contribute towards the revenue of the Navi Mumbai Municipal Corporation (NMMC) through annual property tax payments. This crucial source of funding plays a pivotal role in supporting various development projects in Navi Mumbai. In this post, we delve into the various aspects of NMMC property tax and provide comprehensive information on the different methods available for conveniently depositing your taxes.

What is NMMC Property Tax? 

What is NMMC Property Tax
The NMMC property tax is based on a percentage of the property’s rateable value

Mumbai is one of the metropolitan cities of India. One can also call it the hub of dreams. Some of the localities confine the mixed-sized wealth of the entire city. Composed of the towns like Vashi, Belapur, Turbhe, Nerul, Airoli, Ghansoli, and Koparkhairane, this whole area comes under a common name, “Navi Mumbai.” Spanning an area of around 105 km, this area is administered by the municipal corporation. The municipal corporation’s tax from the property owners is known as Navi Mumbai Property Tax. 

MCGM Property Tax Mumbai: Your Guide to Paying BMC Property Tax

The MCGM property tax is the tax paid on a person’s property in the Mumbai Metropolitan Region (MMR). Property tax in Mumbai is calculated by the state government based on the property’s value. Property tax in Mumbai is due to the Brihanmumbai Municipal Corporation (BMC) every year by owners of residential properties in Mumbai. The MCGM property tax website allows them to pay property tax online in Mumbai.

Starting April 1, 2024, the MCGM property tax may be revised by 10-18% for the new fiscal year 2023-24. The most recent revision was scheduled for 2020 but was postponed due to the pandemic. According to the Mumbai Municipal Corporation Act, property taxes are revised every five years. Property tax on a capital basis was last revised in 2015. BMC may adopt an increase in MCGM property tax, including capital value revision, beginning this year and lasting for the following three years, as MCGM property tax is one of BMC’s fixed incomes. The Maharashtra government approved a property tax exemption for residential units under 500 sq ft in 2024.

NMMC Property Tax Online Payment 2024

In today’s digital generation, everything is possible online only. Taxation and payments are not an exception. For NMMC Property Tax payment online, you have to follow some simple steps:

  • Visit the official website of Navi Mumbai Municipal Corporation. 
  • Go to the payment page and enter your property code
nmmc property tax online payment
  • On entering the property code, all the details like the owner details, mobile number, address, id of the property would be spontaneously visible.
  • Now Click on the “Pay Online” Button
property details in nmmc property tax online payment
  • On redirection, you will now see multiple online payment modes available for your tax payment. Choose the desired mode of online payment and complete the payment procedure. 
online payment mode in nmmc property tax online payment

Screenshot source: https://www.thecurrentindia.com/tax/nmmc-property-tax-online-payment/

  • You will receive an acknowledgement with the receipt ID and transaction information after you have completed your NMMC Online Property Tax Payment.

NMMC Property Tax Offline Payment 

Not everyone is comfortable paying taxes online. Some might prefer to pay in person. Here are the details of the Navi Mumbai municipal corporation property tax bill payment via offline mode. The steps included in the offline process are given below:

Read: Lien on Property Explained: A Homeowner’s Guide to Protecting Your Investment

  • The first step is the same as in online payment. Visit the official website and go to the payment page.
nmmc property tax offline payment
  • Enter the property code and wait for your property details to load. 
  • After the details load, like the owner’s phone number, address, property ID, and others, verify them.
  • Select the payment mode as offline.
  • The next instruction is to download the challan and pay at the ward office.
  • Irrespective of whether the mode of payment is online or offline, saving the tax receipt is essential. In case any property dispute arises, this would be helpful.

NMMC Property Tax Bill Download 2024

You directly download your NMMC property tax bill for 2024 from the Navi Mumbai Municipal Corporation (NMMC) website. Here’s how:

  1. Visit the NMMC property tax portal: https://www.nmmc.gov.in/property-tax2
  2. Enter your property code and select “Property Tax”.
NMMC Property Tax Bill Download
  1. The website will display your property details, including the owner’s name, address, property type, amount to be paid, and any penalties.
  1. You can review the details and proceed to download the bill.

How to Register for E-Demand/ SMS Alert for NMMC Property Tax?

To set up SMS alerts or e-demand alerts for your NMMC Property tax, click on the “E-Demand/ SMS Alerts” button on the website. This will lead you to a pop-up where you will need to fill out details like email ID, property code that you can find using the site’s code search option, and registered mobile number.

NMMC Property Tax Online Bill Payment 2024

Follow the instructions below to check your most recent Navi Mumbai property tax bill online:

  • Open the official website of the Navi Mumbai municipal corporation and navigate to the bill view page
  • Enter the property code, click on the search button and then wait a few seconds for the search to complete.
NMMC Property Tax Online Bill Payment
  • On the screen, you will see your property information as well as the overdue bill amount. Select the “View Current Bill” option from the menu at the bottom of the screen.
  • On the screen, you’ll see your most recent Navi Mumbai property tax bill. The bill is also available for download in PDF format.
navi mumbai property tax bill pdf format

Source: thecurrentindia.com

NMMC Property Tax Transfer Online 2024

Currently, Navi Mumbai Municipal Corporation (NMMC) doesn’t offer online property tax transfers. You can initiate the process by submitting an application at the concerned Ward office.

Here’s a summary of the process for property tax transfer with NMMC:

  • Required documents:
    1. Application form
    2. Stamp paper (Rs. 100) for agreement
    3. Property Tax Transfer document
    4. NOC from the Property Tax Department
    5. Copy of last paid water bill
  • Process:
    1. Submit the application and documents at the Ward office.
    2. The Ward office will scrutinise the application and sanction it within 7 days.
    3. Once approved, you’ll need to make the payment and sign an agreement at the Ward office.
    4. After successful completion, the name will be transferred and reflected in the bill.

NMMC Property Tax Transfer Charges 2024

The Property Tax Name change rates in Navi Mumbai are roughly Rs 210 per square metre (Built-up area) for Residential Properties (Flats) for the year 2024. The Water Bill Name Change is done after the Property Tax Name Change Procedure. The Charges for the same are Rs 800 for Residential Areas for the year 2024.

NMMC Property Tax Bill Search by Name 

What to do if you somehow lose the property code and suddenly need to retrieve any details? For the entire process of the Navi Mumbai municipal corporation property tax bill search by name, here are the main steps: 

  • Visit the official website of NMMC and head to the property section.
  • Here click on the “search by name” option.
  • From the dropdown menu, select your ward and Enter your first and last names. You can also choose the housing society or your apartment name from the list. 
  • Now press the Search button and your property details will be visible on the screen.
nmmc property tax bill search by name

Source: https://www.thecurrentindia.com/

  • It is not necessary to include the building name, plot number/name or ward name, although doing so can help you receive more precise findings.

NMMC Property Tax Online Tax Payment Receipt

Saving receipts is an important task. If any legal dispute arises, it will serve as a legal piece of evidence. Steps to get the Navi Mumbai municipal corporation property tax payment receipt are here: 

  • Visit the official website of Navi Mumbai Municipal Corporation and go to the property tax page.
  • In the search option, type the property code. 
NMMC Property Tax Online Tax Payment Receipt
  • All the details of the property will be displayed on the page.
display property details inNMMC Property Tax Online Tax Payment Receipt
  • Click on the view ledger button, and a ledger with all the details of the previous tax payments will be displayed.
  • Click on the receipt print icon to save the hard copy of the document for future reference. 
nmmc property tax online tax payment receipt print

NMMC Property Tax Online Name Change 

You might need to change the name of the documents. As far as the Navi Mumbai municipal corporation property tax online name change is concerned, some steps would help the customers get their names changed. 

  • A receipt for the tax paid the last time is the first thing you need. 
  • A tax name change form is filled out appropriately. 
  • An attested copy of the deed of the transactions carried over time. 
  • Finally, you would need a no-objection certificate signed by the authorised housing society. 

Benefits of Online Payment

Online payments offer a wide range of advantages for both consumers and businesses. Here are some of the key benefits:

Convenience:

  • Anytime, Anywhere: You can make payments 24/7 from the comfort of your home or anywhere with an internet connection. No more rushing to banks or waiting in lines.
  • Quick and Easy: Payments are processed instantly, eliminating the need for writing checks or mailing them.

Financial Management:

  • Easy Tracking: Most online payment platforms offer detailed transaction history, allowing you to easily track your spending and manage your budget.
  • Automated Payments: You can set up recurring payments for bills and subscriptions, ensuring timely payments and avoiding late fees.

For Businesses:

  • Increased Sales: Offering online payment options can attract a wider customer base, especially those who prefer the convenience of digital transactions.
  • Reduced Costs: Eliminates the need for processing checks and cash, saving time and money.
  • Faster Transactions: Instant payments improve cash flow and streamline business operations.

NMMC Property Tax Rate 2024

The NMMC property tax rate for 2024 remains the same as previous years. Every financial year, the Navi Mumbai Municipal Corporation fixes the property rate tax based on the usage of the property. For residential properties, the percentage fixed by the government is 38.67%, while for commercial and industrial properties, it is 68.33%.

NMMC Property Tax Calculator 2024

NMMC Property Tax Calculator
You may calculate your property tax using the NMMC website’s property tax calculator.

The basis of the Navi Mumbai municipal corporation property tax calculator calculation depends on the value of the property concerned. This value itself decides the rate at which the tax should be imposed on the land/property. You can estimate your annual property tax burden in Maharashtra by using a “property tax calculator maharashtra” online tool. The Navi Mumbai municipal corporation itself announces it every year and the factors determining the value for a particular year are: 

  • The type of construction of the property 
  • The rate of the rent the property owner collects 
  • The uses, additions, and extensions of the concerned property

Customers can utilise this formula by going to the online tax calculator at the official website of NMMC and calculating it there itself. For residential properties, this tax is about 38.7% of the rateable value of the property. The property’s rateable value is calculated based on various factors and helps in involving reasonable costs such as taxes and other formalities. 

In the case of commercial or non-residential property, the value of the same tax hikes at 68.33%of the rateable value. Besides, it is easy to calculate the rateable value by deducting 10% of the statutory portion from the expected annual rent rate. 

Areas under NMMC

The first and most important factor to consider is if you are covered by the NMMC. It has a total size of 108.5 square kilometres. Vashi, Belapur, Turbhe, Nerul, Airoli, Ghansoli, and Koparkhairane are all directly under the NMMC. If you own property in these wards, you will be subject to the NMMC’s restrictions, which are similar to those that apply to Greater Mumbai. To get a clear idea of what you would have to pay, use the property tax calculator – Navi Mumbai.

Checking Your Property Tax Value

So, before you pay your NMMC property tax bill online, you’ll need to consider and figure out how much you’ll have to pay. A simple procedure can be used to accomplish this.

There is a “Self Assessment of Property Tax” option on the left-hand side of the website. You will be taken to a new page where you must fill in some vital facts such as the Ward number, plot type, occupancy status, and if the property is for residential, commercial, or industrial use. Your property tax bill online for Navi Mumbai will be computed automatically and displayed on the screen once you have entered all of the required information.

If you’re wondering how this is done, you should know that the NMMC property tax is computed using the property’s market value.

Assume you purchase a property in your name at market value. The price you paid for it now determines how much property tax you will have to pay. If the property’s market value rises, your property tax value will rise as well. Your property tax value decreases as the market value decreases. So, this is how the calculation system works.

NMMC Property Tax App 2024

The NMMC e-Connect app is a mobile application designed by Navi Mumbai Municipal Corporation (NMMC) to provide citizens with a convenient way to access various civic services. Let’s delve into its details:

Features:

  • Service Registration: The app simplifies registering for various NMMC services, aiming for a more transparent and user-friendly experience. [It’s unclear exactly which services are available on the app currently, but keep reading to find how to get the app and see for yourself.]
  • Grievance Redressal: Citizens can register complaints and grievances related to civic issues directly through the app. The app also offers features like:
    • Automatic department selection for your grievance.
    • Uploading photos for better explanation.
    • Receiving SMS and email updates on the grievance status.
    • Providing feedback on the service received.
  • Improved User Interface: The app boasts a user-friendly interface for a smooth experience.

NMMC Property Tax: Delay Payment Charges on Failure of Payment

The NMMC has strict rules on the payment of property taxes. The failure to pay property tax on time accrues Delay Payment Charges (DPC). The DPC is a penalty charge placed over the principal amount owed to the NMMC. Defaulters will have to pay the usual property tax and the DPC. Navi Mumbai Mahanagar Palika Tax is typically due by February 15th of each year. Failure to do so could result in strict action being taken as per NMMC rules, including confiscation of property.

Abhay Yojana: The NMMC Property Amnesty Scheme

Due to the COVID-19 pandemic that surged over two years, many Navi Mumbai property owners were unable to pay property taxes as they usually would. There was a drastic reduction in the revenue collected from property taxes. Despite confiscation notices being sent out by the municipal corporation, there were no changes in the revenue collected. The NMMC was asked to delay payment or penalties on the late tax payments. 

This is when the Abhay Yojana was put into place. This allowed citizens who had not paid property taxes to pay their taxes in full along with a 25% penalty charge as opposed to a much higher penalty in other circumstances. The scheme was initially extended up until the 30th of November, 2021. It was later extended till January 31, 2022, until it was again extended up to March 31, 2022. 

In December 2021, the Abhay Yojana initiative enabled the NMMC to collect Rs. 159 crores in property taxes. Despite the COVID-19 pandemic, the NMMC managed to collect approximately Rs. 540 crores in the financial year 2020-2021, which was Rs. 90 crores short of their target. 

Navi Mumbai residents can benefit from the Abhay Yojana by visiting the NMMC Property Tax website or using the link https://www.nmmc.gov.in/property-tax-amnesty. By entering their property ID and providing the necessary details, residents can view the outstanding tax amount with penalty charges and proceed with payment by clicking “I Agree.”

NMMC Property Tax Helpline number 2024

The government issues some emergency assistance in case of the customers land in problematic situations. There are multiple ways of doing it. First, you can register your complaint on the website itself. Second, in case of any emergency, you can dial the NMMC Property Tax contact no.

Different areas covered under the NMMC have other numbers to contact the officials in the case of disputes. They would make help readily available to those with problems. All the contact details (phone numbers and email addresses) are available on the official website of NMMC. 

Legal Services Offered by NoBroker

NoBroker provides legal assistance specifically tailored to property transactions. Here’s an overview of our services:

  • Document Scrutiny: Our legal team reviews essential documents like title deeds and sale agreements to identify potential issues before finalising the property deal.
  • Protection Measures: We safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
  • Service Packages
    • Buyer Assistance: We offer guidance and support throughout the buying process.
    • Registration: We manage property registration, saving you time and effort.
    • On-Demand Services: If you don’t need a full package, we provide specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
  • Free Consultation: NoBroker provides a free consultation to discuss your needs and offer initial legal advice related to property.
  • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments in one place.

How to Book NoBroker Legal Services

Follow these simple steps to secure our services for a smooth and hassle-free experience:

  1. Begin by downloading the NoBroker app or visiting our website.
  2. Navigate to the NoBroker Legal Services section.
  3. Browse through the various service packages we offer, including drafting agreements, property verification, and legal consultations.
  4. Once you choose a service, fill in the necessary details and complete the form.
  5. After submitting your form, our NoBroker experts will reach out to you for further details, either through a phone call or a chat window. You can also book a free consultation call for additional enquiries.
  6. Our legal services page also features online rental agreements that can be directly purchased and customised on the NoBroker website.

Why Choose NoBroker Legal Services

Here are some of the key reasons to choose NoBroker legal services:

  • Convenience: NoBroker emphasises the ease of their service. You can complete legal tasks from the comfort of your home without needing to visit a lawyer’s office.
  • Affordability: We offer competitive pricing on our legal services compared to traditional lawyers, ensuring value for money.
  • Experienced Lawyers: NoBroker collaborates with seasoned lawyers (minimum 15 years of practice) who are qualified by the Bar Council.
  • Streamlined Process: We simplify the legal process by providing pre-defined packages and managing communication with the lawyer on your behalf.
  • Technology-Driven: NoBroker utilises technology for tasks like document management to enhance efficiency and improve service delivery.

Easy and Efficient Legal Help for Your Property Matters with NoBroker

As a diligent and responsible taxpayer, these are the key aspects you should be aware of regarding the NMMC property tax. Besides the offline method, you could opt to pay NMMC property tax online, which is hassle-free and saves time. To know more about different types of property taxes, you can visit our site. If you are still confused about how the NMMC property tax works, you can contact our NoBroker legal experts to seek guidance and support.  Additionally, you can track all your payments in the NoBroker Pay app. Our secure platform also streamlines the stamp duty process. Download the app today!

Frequently Asked Questions

Q: What is NMMC property tax? 

Ans: is the tax that the Navi Mumbai Municipal Corporation imposes on the land and property owners of the Navi Mumbai region. 

Q: How to pay the NMMC property tax? 

Ans: There are two ways to pay the tax. Either you can opt for the offline method or the online method. For both, you need to visit the website. The NMMC Property tax online payment is online and offline. Download the copy of the challan and pay in the ward office. 

Q: How to view the NMMC Property tax bill details?

Ans: Visit the official website of NMMC. Search the website for the option that lets you view the bill. You can download it as a pdf or print it. 

Q: Can I go for the NMMC property tax name change online?

Ans: Like every other option, the option for the name change is available on the official website. However, all the documents must be available for uploading while trying to change the name. 

Q: How do I get assistance from the officials?

Ans: In case of any problem, one-call assistance is available at the NMMC property tax contact number. For other grievances, visit the official website. 

Q: I live in Navi Mumbai. Do I pay CIDCO or NMMC property tax?

Ans: Navi Mumbai falls under the jurisdiction of the Navi Mumbai Municipal Corporation (NMMC) for property tax purposes. So, you would pay NMMC property tax, not CIDCO property tax. CIDCO likely refers to the City and Industrial Development Corporation of Maharashtra, which might be involved in land development projects but wouldn’t handle property tax collection in Navi Mumbai.

Q: I missed the NMMC property tax amnesty scheme in March 2024. Can I still benefit from reduced penalties?

Ans: Unfortunately, the NMMC property tax amnesty scheme for reduced penalties on overdue payments ran from March 1st to March 31st, 2024. As of today (May 9, 2024), the scheme is no longer active. You will need to pay the full penalty amount along with the outstanding property tax.

AMC Property Tax Ahmedabad: Online Payment and Bill Download

AMC Property Tax Ahmedabad: Online Payment and Bill Download

Property owners in Ahmedabad are required to pay an annual AMC property tax to the Amdavad Municipal Corporation (AMC). AMC is in charge of enforcing changes to the Ahmedabad municipal tax and has a spotless legal history. The fact that Ahmedabad Municipal Corporation property tax bill payments have considerably grown indicates that the AMC property tax has one of the more user-friendly and technologically advanced property tax payment systems for the municipal tax bill in the nation.

The amount of tax depends on the area, construction, property size, structure, etc. Property taxes are essential to the government’s ability to generate revenue. Vacant land and properties owned by the central government are generally exempt. The Ahmedabad city’s administration and public services are under the control of the Ahmedabad Municipal Corporation (AMC). Through this blog, you will comprehend AMC property tax. You will also gain knowledge of the nuances of payment and the repercussions of late payment.

The AMC Property Tax: What is it?

Official Websitehttps://ahmedabadcity.gov.in/ 
Last due dateJuly 30th, 2024
Helpline number+91-9227898608; +91-9227898610

About the Property Tax of the Ahmedabad Municipal Corporation

The Bombay Provincial Corporation Act created the Ahmedabad Municipal Corporation (also known as Amdavad Municipal Corporation). The company is renowned for reforming property taxes and has just created an online payment system. The Ahmedabad Municipal Corporation, or AMC, was created in 1950 following the Bombay Provincial Corporation Act and is in charge of the city’s administration and civic infrastructure.

The company is renowned for starting many ground-breaking projects, such as issuing municipal bonds and enacting property tax reform while maintaining a “zero litigation” record. By getting in touch with the Ahmedabad Municipal Corporation, you can pay all your property-related taxes in Ahmedabad.

What is the Tenement Number?

A tenement number is a unique identifier assigned to a specific individual unit within a larger building, most commonly seen in India. It’s essentially an apartment or unit number within a tenement building.

How to find your Tenement Number

You can visit the Ahmedabad Municipal Corporation (AMC) website https://ahmedabadcity.gov.in/ and look for a section on property tax or tenement search. You might be able to find your tenement number using details like your address, ward number, or owner information.

Ahmedabad Property Tax Login 2024

Here’s the process for Ahmedabad property tax login 2024:

  • The AMC system uses a mobile number and OTP (One-Time Password) based login.
  • Enter your registered mobile number for the property.
  • You’ll receive an OTP on your phone via SMS.
  • Enter the received OTP in the designated field on the login page.
  • Click “Login” or “Submit” (depending on the website’s wording).

Once logged in, you should be able to access functionalities like:

  • Viewing your current property tax bill
  • Making online payments
  • Downloading payment receipts

Ahmedabad Property Tax Online Payment 2024

By going to the Ahmedabad Municipal Corporation website, you may now be able to pay your online property tax payment in Ahmedabad. To pay your property taxes, you don’t need to go to the Ahmedabad Municipal Corporation office in person. The company provides online property tax payment services to make it easy for you to pay your property tax.

These steps must be followed to pay your property tax online:

ahmedabad property tax online payment

Step 1: Go to the Ahmedabad Municipal Corporation’s official website (https://ahmedabadcity.gov.in/) and select “Online Service (Without Login) -Tax department – Pay Property Tax.”

online service in ahmedabad property tax online payment

Step 2: Enter your tenement information on the website. Therefore, enter the Tenament Number and press “Search.”

enter your tenement information in ahmedabad property tax online payment

● Step 3: Following that, you will see the owner’s name, address, occupier (if any), and the outstanding balance. To begin payment and pay the outstanding tax amount, click the “Pay” option.

pay option in ahmedabad property tax online payment

Step 4: Clicking the “Pay” button will take you to a new website that contains information about your tenancy and the payment amount. You must enter your phone number or email address on the same page. Afterwards, select “Confirm.”

● Step 5: You will be taken to a payment gateway where you must enter your credit card information after clicking the “Confirm” button. You have the option of using a debit card to pay.

● Step 6: Your credit card or debit card account will be promptly deducted when you make a payment using one of these methods. You will obtain a Transaction Reference Number as confirmation of your transaction.

payment method in ahmedabad property tax online payment

Step 7: Your money will be credited to Ahmedabad Municipal Corporation’s account immediately or within two business days.

Step 8: The AMC website will make the payment receipt available, or you can also get it by email.

Ahmedabad Property Tax Offline Payment 2024

Those without internet access can pay the tax at several city civic centres across Ahmedabad.

Options for Online Process Payment

Three payment options are available for Ahmedabad municipal corporation property tax online payment process. You can decide on the option that best suits your needs. The choices are:

● Credit Card 

● Debit card

● Internet banking

One must also be aware that the payment gateway may charge the bank in addition to the cost that must be paid when making an online purchase. That is to say, and a tiny amount will be added to the current tax charges.

Ahmedabad Property Tax Payment Receipt 2024

ahmedabad property tax payment receipt

Property owners should download the receipts after the online payment is complete. You could look up your property tax receipts online if you forgot to download them. To generate a payment history, choose “Property Tax” from the Service Name drop-down menu and input the tenement number. To produce a preview and download the receipt, click the “view” link.

ahmedabad property tax payment receipt download

How To Search for an Ahmedabad Tenement Number?

 Ahmedabad municipal corporation property tax
Ahmedabad Municipal Corporation online services user guide.

When a property is registered, a unique identifying number called a “Tenement Number” is given to each property. When fulfilling their tax obligations, property owners must provide this number. To look up the tenement number for your property, go to the official website. You can search for your property using the zone information, owner information, ward information, or occupier information.

Property tax under AMC: Self-assessment

To access self-assessment, go to the Tax Department’s official website and click on the link. Enter the factor details in this field, including 

● The property types

● Tax rate

● Usage factor (building group, usage code, building type, and usage type rate)

● Location factor (land value)

● The occupancy rate (type of occupancy, occupancy factor rate, government building, water zone)

● Occupancy factor details

● Discount rate 

● Construction year 

● Age factor rate 

● Carpet area

● Total area 

Click on “Evaluate Tax” to acquire an approximation of the AMC property tax due.

Assessment Book for The Ahmedabad Municipal Corporation for 2023–2024

By selecting Assessment Book 2023-24 under the Tax Department from the list of online services on the Amdavad municipal corporation website, you can view the Ahmedabad Municipal Corporation assessment book for the years 2023-24. To access the AMC online assessment book on the Amdavad Municipal Corporation website, enter the tenement number and click search.

How to Access Ahmedabad Municipal Corporation Property Tax Auction.

Click on the property tax auction notice under Downloads to view the AMC property tax auction notice. The notice you want to check will download to your computer when you click on it.

Ahmedabad Municipal Corporation Property Tax Bill Download.

Under downloading, select “Forms and Fonts” to obtain the various Ahmedabad property tax bills by going to the official website and clicking on the link. A list of forms can be found under “Property Tax” on this website. The form you desire will be downloaded to your computer as a PDF when you click on it. Scroll down the page to access all forms on the Ahmedabad Municipal Corporation website, including the property tax in Ahmedabad and the return declaration form under AMC forms.

AMC Property Tax: Current Information on Citizens or AMC Property Tax Name Change Online

You can update your AMC property tax website information by filling out the available form.

By visiting the official AMC property tax bill search by name, you can enter your email address, full name, cell phone number, tenement number, and electrical service number on the form and submit it.

Ahmedabad Property Tax Calculator 2024

The AMC property tax is computed based on a property’s capital value. Since its implementation in 2001, this calculation method has considered the following elements: the property’s location, kind, age, and use in Ahmedabad.

The following formula is used to calculate AMC property tax manually:

Area x Rate x X equals property tax (f1 x f2 x f3 x f4 x fn)

Where,

● f1 = the importance of the property’s location.

● f2 = weighted consideration of the property type

● f3 = the weighting assigned to the property’s age

● Residential buildings are given more weight (f4).

● fn = the amount of weight given to the property’s user.

On the website of the AMC, which handles property taxes, are the values associated with each of the weights mentioned above.

Ahmedabad Property Tax Rates 2024

The tax rates set in Ahmedabad depend on the property type. The table below highlights the different rates:

Types of Properties Property Tax Rates 
Residential Property ₹16 per sq m
Non – Residential Property ₹28 per sq m

AMC Property Tax Discounts and Rebates 2024

At the municipal corporation’s discretion, and occasionally, discounts on property taxes are advertised. As we have already discussed how to pay your AMC property tax bill online and offline, now you must be aware of the reductions and rebates the offers of the AMC property tax bill payment online. Let’s look at the discounts provided to property owners.

You will receive a discount of 2% off the total tax amount if you make the payment online. For the years 2020–21, if you want to pay your property taxes in advance, you will receive a 10 percent discount. The excellent news for non-residential property owners is that you will receive a 20 percent discount on general tax if the property is not on the ground floor.

If the house tax Ahmedabad is paid between January 16 and February 15 2020, the municipal corporation announced a discount of 50% on the interest for the outstanding dues for the following year. Similar to that, you may provide a variety of discounts at various times. It has made it easier for citizens to pay their taxes on time, and the government’s ongoing ability to raise money has never lacked.

During the Outbreak, AMC Praised People for Paying Their Property Taxes Online.

The Aurangabad Municipal Corporation (AMC) is banking on the fact that by the end of March, a significant portion of its online taxpayers will fail to pay their property taxes. During the outbreak, the local administration praised the individuals for legitimately paying their property taxes online.

The AMC was actively taking the necessary steps to stop the virus from spreading over the region. Since March of last year, the city has been in tatters due to the fear of the coronavirus. The issue began to clear up in August, affecting tax revenue for the 2020–21 fiscal year. As a result, large-scale development projects were either suspended or abandoned due to a lack of funding.

In 2023–24, a total of Rs 468.57 crore in property tax was intended to be collected (including any back taxes still owed). It brought in Rs 65.21 crore. Compared to the amount collected during the same period in 2019–20, the current year’s property tax revenue is down by Rs 10.68 crore. Therefore, the AMC’s main issue is to recover Rs 414 crore in three months. The concerned officials declined to comment on the retrieval of figures when approached.

Recent Developments for Taxpayers about AMC Property Tax

Ahmedabad Property Tax Last Due Date 2024

Residents in Ahmedabad who pay property tax by July 30, may be eligible for a 10% AMC tax rebate. Property owners must now pay the amount, plus the penalty interest, as the time for AMC property tax bill payment online in Ahmedabad has passed. Before this, the AMC tax bill had established a July 30, 2021, deadline extension for the advance rebate programme for AMC property tax payments.

Ahmedabad Property Tax Rebate 2024

A 12% rebate on property tax interest applies to those who pay their property tax between the specified window, and an additional 1% rebate for online payments.

The deadline for the advance rebate programme for payments of property tax online in Ahmedabad has been extended till July 30, 2024, by the Ahmedabad Municipal Corporation (AMC) standing committee. According to the plan, customers who pay their AMC property taxes by July 30, 2024, will be entitled to a 10% discount. The Ahmedabad Municipal Corporation property tax deadline has already been extended to July 15.

Compared to the same period in 2024, the AMC tax collected between April 1 and July 15, 2024, increased by 50%. Property tax collections in Ahmedabad increased by Rs 153.68 crores, and the city authority was encouraged to prolong the rebate programme by the citizens’ response.

According to officials, the eastern parts of the city have seen a 70% increase in the amount of property tax in Ahmedabad collected by the AMC. The tremendous growth in the AMC tax bill, 90 percent, was recorded in Viratnagar, Nikol, Gomtipur, Odhav, Vastral, and Amraiwadi. The collection from Ahmedabad’s centre zone and western regions has barely increased by 50%. The increase was observed in commercial property’s advance AMC tax bill payments.

AMC to Pursue Commercial Property Owners for Unpaid Debts.

According to the AMC, commercial property owners in the city still owe property tax to Ahmedabad in the amount of Rs. 1,400 crores. The local body’s tax department has blocked 203 units around western Ahmedabad as part of a recovery drive.  Most of these proprietors have debts that total at least Rs 50,000 accumulated over the past three to four years. Ahmedabad property tax letters have already been delivered to more than 400 properties.

Civic Body Updates Budget but Doesn’t Increase Property Taxes.

For the fiscal year 2023–2024, the AMC standing committee has suggested an updated budget of Rs 8,051 crores, an increase over the Rs 7,475 crores that was included in the draft budget of Ahmedabad Municipal Corporation property tax bill that municipal commissioner Mukesh Kumar submitted on March 24, 2024.

Vehicle, property, water, and conservancy taxes were also not increased. A 100 percent tax relief has been made available for all residential properties with 40 square metres or less surface size. 

The exemption from property tax, general tax, water tax, conservancy tax, and education cess will be available to more than six lakh homeowners. If they pay off their debt for 2023–24 between June 1 and August 31, 2024, they will be qualified for a 100% interest dues rebate.

The Gujarat Government Has Announced a Property Tax Exemption for The Theatre and Fitness Industries.

For the fiscal year 2023–2024, the state government recently announced a relief of the AMC property tax for businesses in the hospitality industry, including theatres, cinemas, and gyms. Given that they were asked to cease operations due to the COVID-19 second wave, this AMC property tax waiver decision will be advantageous to these commercial firms.

Legal Services Offered by NoBroker

NoBroker provides comprehensive legal assistance tailored to property transactions. Here’s an overview of our services:

  • Document Scrutiny: Our legal team examines essential documents like title deeds and sale agreements to identify potential issues before finalising the property deal.
  • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
  • Packages: NoBroker offers various legal service packages. These can include:
    • Buyer Assistance: We provide guidance and support throughout the buying process.
    • Registration: We handle property registration, saving you time and hassle.
  • On-Demand Services: If you don’t need a full package, we offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
  • Free Consultation: NoBroker offers a free consultation to discuss your needs and provide initial legal advice related to property.
  • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments conveniently in one place.

How to Book NoBroker Legal Services

Here are the simple steps to secure our services for a smooth and hassle-free service:

  1. Download/ Visit the NoBroker app.
  2. Visit the NoBroker Legal Services page.
  3. Explore the different service packages offered. We cover tasks like drafting agreements, property verification, and legal consultations.
  4. Once you decide on a service, fill in the necessary details and complete the form. 
  5. Then you’ll be contacted by our NoBroker experts for further details. This contact might be through a phone number or a chat window. Also, you can book a free consultation call for further enquiries. 
  6. NoBroker’s legal services page also highlights their online rental agreements. These agreements can be directly purchased and customised on the NoBroker website.

Why Choose NoBroker Legal Services

Here are some of the key reasons why you should choose NoBroker legal services:

  • Convenience: NoBroker emphasises the ease of their service. You can get legal tasks completed from the comfort of your home without physically visiting a lawyer’s office.
  • Affordability: We claim to offer competitive pricing on their legal services compared to traditional lawyers.
  • Experienced Lawyers: NoBroker has experienced lawyers (minimum 15 years of practice) qualified by the Bar Council.
  • Streamlined Process: We aim to simplify the legal process by offering pre-defined packages and handling communication with the lawyer on your behalf.
  • Technology-Driven: NoBroker leverages technology for tasks like document management, to improve efficiency.

Simplify Your Property Legalities with NoBroker’s Expert Assistance

Every year, property owners in Ahmedabad are required to pay the AMC property tax. You may also be entitled to rebates if you make an advance payment. Additionally, it’s simple and handy because you have the choice of paying your AMC property tax bill online. Even from your smartphone, you can file your taxes easily. If you need professional help in understanding AMC property tax and payment, consult experts at NoBroker. Choose NoBroker Pay for a secure and convenient way to make your VVMC property tax payments. With this service, you can easily track all your payments in one place. Our user-friendly platform also simplifies the stamp duty process. Download the app today!

Frequently Asked Questions

Q: Which is the online portal for AMC property tax payment?

Ans: AMC property tax payment website is https://ahmedabadcity.gov.in/portal/jsp/Static_pages/pi_housingSchemeDrawResult.jsp

Q: What is the deadline for paying property taxes and the associated penalties?

Ans: Taxes for the Ahmedabad Municipal Corporation can be paid every six months. A penalty of 2% of the tax value every month until you make the payment will be assessed if you pay your taxes late or default. In these circumstances, the tax bill also states the penalty charge. The AMC property tax due details and final payment dates are March 31 and October 15.

Q: Can you pay online for AMC property tax?

Ans: Yes, you can pay the AMC property tax online via several methods such as credit card, UPI, net banking, debit card, etc.

Q: What are the Tax exemptions for AMC property tax?

Ans: Some institutions are exempt from paying property taxes. The Ahmedabad Municipal Corporation has announced the exclusion for the below-mentioned.
● Institutions of religion
● Sacred spaces
● Crematoriums
● Public restrooms
● Institutions of higher learning like Madrasa and Path Shala

Q: How is my AMC Property Tax calculated?

Ans: AMC Property Tax is calculated based on several factors, including the carpet area of your property, location, type of building, age of construction, and occupancy status.

PCMC Property Tax Online: Download E-Receipt, Name Change, Rebate and More

PCMC Property Tax Online: Download E-Receipt, Name Change, Rebate and More

Owning a property comes with several risks and responsibilities. One of the significant responsibilities is ensuring that you pay property tax regularly to the municipal corporation operating in that region. In Pimpri-Chinchwad, PCMC is responsible for collecting property tax, either annually or semi-annually. After Mumbai, PCMC property tax department is one of the wealthiest civic bodies and has managed to keep up with the digital advancements in technology at a steady pace. 

Government corporations authorised for any particular region collect taxes from its citizens and use them to ensure the availability of all the sector’s basic amenities and infrastructural development. 

Established on 11th October 1982, the Pimpri-Chinchwad Municipal Corporation looks after all the civil services and works to manage the city’s infrastructure. PCMC is split into eight different zones, namely A to H, which are further divided into four electoral wards. This corporation is responsible for assessing the property tax rates on all residential properties or plots and collecting the calculated amount yearly or half-yearly. PCMC also deals in any transfer requests in land ownership. 

PCMC Property Tax

PCMC Property Tax
PCMC Property Tax
Official Website https://publicptax.pcmcindia.gov.in/ 
Last due date31st December 2024
Helpline number+91 020-67333333

Calculation of PCMC Property Tax 2024

Calculation of property tax varies from one region to another. However, commonly there are three ways in which the property tax is determined. 

  • The first one is based on the market value of the property—for example – Mumbai.
  • The second one is where the property tax is calculated based on the per square feet valuation of the property—for instance – Kolkata.
  • In the third case, property tax is calculated based on the rent amount fetched by the property. 

PCMC property tax payment is calculated on the market value. Follow these steps to find out the amount of PCMC property tax you will have to pay – 

  • Visit the PCMC Web Property Tax Self-Assessment Portal here.
PCMC Property Tax Self Assessment portal
PCMC Property Tax – Self Assessment portal
  • From the pop-up list, choose the zone your property is located in. Scroll down further for calculating the tax on a commercial property or for options of calculating PCMC property tax as a resident or NRI. 
PCMC Property Tax Self Assessment portal for selecting Sub use and construction type.
PCMC Property Tax – Self Assessment portal for selecting Sub-use and construction type.
  • Select the appropriate option for sub-use type and construction type.
  • Enter the property area for which tax is to be calculated.
Self Assessment portal for entering the property area.
Self Assessment portal for entering the property area.
  • The amount payable will be displayed on your screen.
Self Assessment portal for checking the amount of tax payable.
Self Assessment portal for checking the amount of tax payable.

Pay PCMC Property Tax Online 2024

Here’s how you can pay PCMC property tax online and offline modes 2024. To pay your property tax digitally, follow the below-mentioned steps.

Step 1 – Access the PCMC web portal for PCMC tax payment. 

PCMC digital web portal.
PCMC digital web portal.

Step 2 – Select residents from the options available in the top menu.

Step 3 – Click on the Property Tax option, which will further direct you to an external link.

PCMC digital portal selecting the property tax option.
PCMC digital portal- selecting the property tax option.

Step 4 – On the resulting page, click on the Property Bill option.

PCMC digital portal Property bill screen.
PCMC digital portal – Property bill screen.

Step 5 – You will be allowed to check the property details based on these options – ‘By Property Code,’ ‘Search in Marathi,’ ‘Search in English,’ and ‘Back to Home page.’

PCMC digital portal property bill screen
PCMC digital portal – property bill screen

Step 6 – Carefully enter the following details – zone, Gat No., owner name, and address to get your property bill.

Step 7 – Enter the payment details.

Step 8: Input your email ID and mobile number, choose the payment option and proceed. 

View PCMC Property Tax Bill 2024

As discussed in the previous section, you can search your PCMC property tax bill by name by following the below-mentioned steps.

Step 1 – Access the PCMC property tax web portal here.

Step 2: Click on the ‘property bill’ option in the upper left corner of the screen.

Step 3 – Enter the following data to access your property details – zone, Gat no., and owner’s name and address.

Step 4 – By clicking on the ‘show’ option, you will be able to view your property tax property bill. You cannot search for PCMC property tax by name alone; you’ll need the property ID or a combination of zone number, Gat number, and owner’s name.

Download PCMC Property Tax Receipt (PDF) 2024

PCMC Property Tax E-Receipt (PDF) 2024 is an official document generated online after the successful payment of your property tax. This receipt acts as proof that you have paid the required tax amount to the PCMC via online mode and can be presented in tax assessments or any legal disputes concerning that property. 

According to the PCMC portal, if you face specific technical or connectivity issues and can’t view the generated E-Receipt, you must check your bank account for debit information. If the money is not debited, proceed with the next e-payment. However, if the amount is debited, you can check the update with the PCMC website and view your receipt within the next three working days.

Track PCMC Property Tax Payment Status 2024

Here’s how you can track your PCMC property tax payment status in 2024:

1. Reviewing your Payment Gateway:

  • If you made the payment online via credit card, debit card, net banking, UPI, or wallet, you should be able to track the status through your respective payment gateway or bank account.
  • Look for the transaction around the date you made the payment and see if it’s marked as successful or completed.

2. Checking your Property Tax Bill Online:

  • Follow the steps mentioned earlier to view your property tax bill on the PCMC website using your property ID/mobile number or property details.
  • Once you access the bill, look for any updated information or payment confirmation message. If the “Amount Due” section shows “Paid” or “0”, it suggests your payment has likely been processed.

How to Change Name in Property Tax Records?

How to Change Name in Property Tax Records?
Change Name in Property Tax Records

In case of transfer in the property ownership, the property owner’s name should be updated in the official records immediately. This process can be carried out by submitting the following documents.

  • E-Receipt for the latest property tax paid.
  • Copy of the sales deeds in the applicant’s name (new owner), duly attested by the concerned official department.
  • No-objection certificate generated by the housing society, which also approves the property transfer.
  • Application form received from the property tax office. 

Enter the details in the application form and submit all the mentioned documents to the Commissioner of Revenue, present at the PCMC office. Keep a xerox copy for all the records. The ownership transfer will occur within 15-20 working days after the government officials verify your application.

PCMC Property Tax Rebates & Rates 2024

PCMC Property Tax Rebates and Rates
PCMC Property Tax Rebates and Rates

Even though every property owner must pay the property tax to the municipal corporations, certain rebates or discounts are permitted in exceptional cases. PCMC offers a property tax rebate under the following conditions – 

  • If you own any residential property or a plot of land registered as residential property or non-residential property and the amount of annual tax payable is less than Rs. 25,000, you are eligible to claim a 10% rebate on property tax. If the yearly tax owed is greater than Rs. 25,000, you are eligible to claim a 5% rebate on property tax.
  • Residential properties that use solar power or have an efficient rainwater harvesting or vermiculture system get a 5-10% rebate based on the number of active projects. This is to encourage the construction of environment-friendly and sustainable households.

Post 8th March 2011, PCMC also allows special rebates if a woman is the property owner and has no pending civic dues. Women are required to fill out the MAHILA REBATE PROPERTY FORM and download it. Then they must submit the form along with a stamp paper for Rs. 100. The request will be processed within 2-3 weeks.

PCMC Property Tax Helpline Number 2024

The PCMC Property Tax Helpline Number for 2024 is +91 020-67333333.

Here are some additional contact options you might find useful:

Properties Exempted from Paying the PCMC Property Tax

Properties Exempted from Paying the PCMC Property Tax
Properties Exempted from Paying the PCMC Property Tax

Considering the value, they provide to the community, specific properties are exempted from paying the PCMC property tax.

  • Temples, Mosques, Churches, Gurudwaras, or any other sacred property used for worship.
  • Properties are used as a burial ground or for cremation.
  • Heritage land
  • Any property that is utilised for charitable, agricultural, or educational reasons. 
  • Also, PCMC house tax-exempts any residential constructions less than 500 square feet from property tax. This has benefited over 1.5 Lakh households.

Legal Services Offered by NoBroker

NoBroker offers legal assistance specifically geared towards property transactions. Here’s a breakdown of our services:

  • Document Scrutiny: Our legal team examines crucial documents like title deeds and sale agreements to identify potential problems before finalising the property deal. 
  • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
  • Packages: NoBroker offers various legal service packages. These can include:
    • Buyer Assistance: We provide guidance and support throughout the buying process.
    • Registration: We handle property registration, saving you time and hassle.
  • On-Demand Services: If you don’t need a full package, we offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
  • Free Consultation: NoBroker offers a free consultation to discuss your needs and get initial legal advice related to property.
  • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments conveniently in one place. 

How to Book NoBroker Legal Services

Follow these simple steps to secure our services for a smooth and hassle-free experience:

  1. Begin by downloading the NoBroker app or visiting our website.
  2. Navigate to the NoBroker Legal Services section.
  3. Browse through the various service packages we offer, including drafting agreements, property verification, and legal consultations.
  4. Once you choose a service, fill in the necessary details and complete the form.
  5. After submitting your form, our NoBroker experts will reach out to you for further details, either through a phone call or a chat window. You can also book a free consultation call for additional enquiries.
  6. Our legal services page also features online rental agreements that can be directly purchased and customised on the NoBroker website.

Why Choose NoBroker Legal Services

Here are some of the key reasons to choose NoBroker legal services:

  • Convenience: NoBroker emphasises the ease of their service. You can complete legal tasks from the comfort of your home without needing to visit a lawyer’s office.
  • Affordability: We offer competitive pricing on our legal services compared to traditional lawyers, ensuring value for money.
  • Experienced Lawyers: NoBroker collaborates with seasoned lawyers (minimum 15 years of practice) who are qualified by the Bar Council.
  • Streamlined Process: We simplify the legal process by providing pre-defined packages and managing communication with the lawyer on your behalf.
  • Technology-Driven: NoBroker utilises technology for tasks like document management to enhance efficiency and improve service delivery.

Seamless Legal Assistance for Your Property Needs with NoBroker

Every person who owns any land or real estate must pay its due tax to the municipal corporation functional in that region. For Pimpri-Chinchwad in Pune, property tax is collected by the PCMC (Pimpri-Chinchwad Municipal Corporation) on a yearly or half-yearly basis. It is considered one of the wealthiest civic bodies of our nation and is one of the few corporations to begin the process of PCMC property tax online payment. In addition, PCMC provides rebates and exemptions from the property tax under particular circumstances.

If you own land in Pimpri-Chinchwad and are looking to manage the property tax or need help with PCMC property tax online payment login or document submissions, contact professionals of the legal department at NoBroker at a very affordable cost. Opt for NoBroker Pay. With this service, you can securely and conveniently handle your VVMC property tax payments. Additionally, you can track all your payments in one place. Our secure platform also streamlines the stamp duty process. Download the app today!

Frequently Asked Questions

Q: Is property tax collected for empty land?

Ans: Yes, property tax is collected for empty land unless used for agricultural, educational, or charitable purposes. 

Q: When was the announcement for a tax rebate on the women-owned property made by the PCMC?

Ans: Women property owners were granted a special tax rebate on 8th March 2011.

Q: What does PCMC stand for?

Ans: PCMC stands for Pimpri-Chinchwad Municipal Corporation.

Q: Who collects the required documents to transfer ownership for property under the PCMC region?

Ans: In cases of property ownership transfer, you must submit the documents to the Commissioner of Revenue in the PCMC office.

Q: Is PCMC property tax applicable for a house of 400 square feet?

Ans: No, any property under 500 square feet is exempted from paying the PCMC property tax.

Q: How do I change my name with PCMC property tax online?

Ans: Unfortunately, changing your name on PCMC property tax records cannot be done online. It’s an offline process that requires submitting a filled application form along with supporting documents at the nearest zonal office. A duly filled name change application form should be submitted to the revenue commissioner at the PCMC office.

KDMC Property Tax: Online, Offline Payment and Download Bill

KDMC Property Tax: Online, Offline Payment and Download Bill

The Kalyan Dombivli Municipal Corporation, also known as KDMC, oversees the Thane district neighbourhood of Kalyan Dombivli. The KDMC property tax was started in 1982 and had its main office in Kalyan. The infrastructure and public services of the twin localities of Kalyan and Dombivli must be developed and maintained by KDMC.

This will serve as the municipal corporation’s primary funding source for maintaining and improving the community’s infrastructure and public services. With KDMC, paying property taxes online is simple, quick, and convenient. Collecting this Kalyan Dombivli Municipal Corporation property tax is to create funds for the local government. The money from this revenue generation, essential for promoting public welfare, is used to maintain and construct other public amenities. Therefore, you must pay the overdue property taxes and do so within the allotted time frame.

kdmc property tax a hassle free way to pay your dues

KDMC Property Tax 

Official Websitehttps://kdmc.gov.in/kdmc/CitizenHome.html 
Last due dateMarch 31st

KDMC Property Tax Components 

kdmc property tax components

You’ll see that there are several parts to the KDMC property tax online payment process. Which are:

  • General tax
  • Road tax
  • Conservancy tax
  • Conservancy benefit tax
  • Water supply benefit tax
  • Kalyan MC education tax
  • Education cess (residential)
  • Tree tax
  • SWM charges
  • Penal interest

KDMC Property Tax Online Login

Follow these steps to login to KDMC’s citizen services–

Procedure for KDMC Property Tax Login:

1. Visit the official KDMC website and locate the “RTS & citizen services login” tab in the top right corner of the homepage.

kdmc website property tax online official page

2. To log in, enter your user ID, password, and verification details. If you don’t have an account, click “Register Me” to proceed.

enter your user details kdmc property tax online page

3. Fill out the KDMC registration form with your name, gender, date of birth, email address, phone number, verification code, and profile picture.

registration form with your name kdmc property tax online page

4. Accept the terms and click the submit button to complete the registration process.

5. After receiving a KDMC registration acknowledgement, log in to access KDMC citizen services on the website.

6. Once you have applied for any KDMC service by providing the necessary documentation and paying the fees, you will receive a special application number for tracking the service status.

7. The KDMC property tax certificate will be posted on the online page upon completion, and you will be notified of the status through SMS and email.

8. To download the KDMC property tax bill, visit the KDMC portal and find the “KDMC property tax view bill” option.

download the bill kdmc property tax online official page

9. For information on the duration of each KDMC service, click on “Online citizen rules” at the bottom of the KDMC homepage.

service page kdmc property tax online official page

10. In case of dissatisfaction, service delays, or grounds for rejection by KDMC, you can file complaints through the KDMC web page.

Pay KDMC Property Tax Online 2024

Pay KDMC Property Tax Online
(Source-kdmc.gov ) The KDMC property tax payment window on the KDMC website

Online property tax payments are available on the KDMC website. You must take the following actions:

1. Visit the KDMC webpage – https://kdmc.gov.in/kdmc/CitizenHome.html 

kdmc property tax online login official page

2. After choosing the Property bill from the Bill type drop-down box in the Quick Payment section, click the Proceed button.

choosing the property bill kdmc property tax online official page

3. Press the Search button after entering the property number.

search button in kdmc property tax online official page

4. Select the apartment number, then hit the Search button once more.

5. Verify the property details and the amount of owed taxes. After inputting the chosen payment amount, click the submit button.

6. Select a payment gateway, enter your registered phone number and email address, and then click the Pay button. 

payment gateway in kdmc property tax online official page

7. After clicking this, you can complete the purchase through the payment portal. Three methods are available to you for paying the bill: internet banking, UPI, and credit/debit cards.

8. You can view the property tax view bill KDMC online.

    How to Use the KDMC App to Pay KDMC Property Tax Online

    You can also pay your KDMC property taxes online using the KDMC app on your smartphone. The app is available for free download and installation on all Android and iOS smartphones.

    Follow these instructions to deposit the KDMC property tax after installing the KDMC Android phone:

    • Sign up for the app by providing your full name, birthdate, mobile number, Aadhaar number, email address, and address of the property. On the submit button, click.
    • Enter the OTP that was sent to your mobile device and press the submit button.
    • You have to make a strong password.
    • Enter your password and mobile number to log in.
    • Select real estate taxes.
    • Enter the information for your property, your flat, the owner’s name, the amount you wish to pay in dues, your phone number, your email address, and the payment gateway you like. 
    • To finish the transaction, click the pay button.

    How to Pay KDMC Property Tax using Paytm

    Using PAYTM is perhaps the easiest way to Pay your KDMC Property Tax. Additionally, you can use your Paytm wallet to pay KDMC property taxes online.

    1. From the financial services menu, select Municipal Tax.
    2. Select the Property tax symbol for Kalyan Dombivli Municipal Corporation.
    3. Type in the address of your property and press the Get Tax Amount button.
    4. From there, you can use UPI or the Paytm wallet to pay your KDMC property taxes

    KDMC Property Tax Bill Download

    1. Choose receipt type – property bill or application no. from the selection box to get the KDMC property tax receipt.
    2. In order to obtain a duplicate KDMC property tax bill after selecting the property bill, you must input the property number, flat number, and receipt date, and click proceed.
    3. If you choose the application number, you will be directed to a new page where you must enter the application number and date before pressing the download receipt button.

    Step-by-Step Guide to KDMC Property Tax View Bill

    Following steps for KDMC Property Tax Bill:

    Step 1: Visit the Official KDMC Website 

    Begin by accessing the official website of the Kalyan-Dombivli Municipal Corporation (KDMC). Look for the “Quick Payment” section on the right side of the homepage. Within this section, you will notice an option labelled “Bill Type.” Click on it to proceed with viewing your pending KDMC Property Tax.

    Step 2: Select “Property Bill” from the Dropdown Menu 

    Upon clicking “Bill Type,” a dropdown menu will appear. From the list of options, choose “Property Bill” and click on “Proceed.” This action will direct you to a new page dedicated to property tax-related information.

    Step 3: Enter Property Details and Initiate the Search 

    On the newly opened page, you will come across two empty tabs, each prompting you to enter specific property details. These tabs are labelled “Property No” and “Old Property No.” Depending on the information available to you, input the corresponding number in the appropriate tab. Once you have entered the necessary details, click on the search button to retrieve the relevant information about your pending KDMC property tax.

    The above straightforward steps answer the question ‘how to check kdmc property tax online’. You can easily access and review your KDMC property tax bill online following them. Staying informed about your tax obligations is essential, and this guide will help you navigate the process with ease.

    KDMC Water Bill Online Payment

    Paying a KDMC water bill requires the same steps as paying a KDMC property tax, with the exception that one must choose the water bill payment option when making a KDMC payment. After that, enter the customer number to continue paying your KDMC water bill.

    You can also apply for a plumber’s licence, a plumber’s licence renewal, to disconnect your water connection, and to get permission to start a new water connection through KDMC. You can learn more about the documentation needed for a certain service when you click on it. For instance, if you go to the KDMC home page and click on “new water connection permit,” you will arrive here. You can click on apply in this situation since there is no document needed. After being directed to the citizen login page, you can continue using the service.

    View KDMC Property Tax Bill 2024

    Step 1: Visit the KDMC website: https://www.kdmc.gov.in/

    view kdmc property tax bill official page

    Step 2: Look for the section on Property Tax. It might be under “Online Services” or “Quick Payment”.

    online services page in kdmc property tax bill

    Step 3: You’ll likely be asked to enter property details like property type, zone, ward, and property number.

    property details page in kdmc property tax bill

    Step 4: Once you enter the details, you should be able to see your property tax bill for 2024.

    enter the details page in kdmc property tax bill

    Download KDMC Property Tax Receipt (PDF) 2024

    1. Visit the KDMC website: https://www.kdmc.gov.in/
    view kdmc property tax bill
    1. Locate the section for “Property Tax” or “Online Services.”
    1. Look for an option like “Receipt Download” or “Duplicate Receipt.”
    receipt download kdmc property tax
    1. You’ll likely be given two choices:
      • Property Bill: Enter your property details like property number and receipt date.
      • Application Number: If you have a specific reference number for the payment, enter that and the corresponding date.
    fill application number to download kdmc property tax receipt
    1. Once you enter the required information, proceed with downloading the receipt in PDF format.
    downloading the receipt in pdf format kdmc property tax

    Track KDMC Property Tax Payment Status 2024

    1. Visit the KDMC website: https://www.kdmc.gov.in/
    view kdmc property tax bill official website page
    1. Look for the section on “Property Tax” or “Online Services.” It might be under “Quick Payment” as well.
    property tax page for payment status in kdmc property tax
    1. You’ll likely find an option for “Payment Status” or “Track Payment.”
    payment status page for payment status in kdmc property tax
    1. There are usually two ways to track your payment:
    • Property Details: Enter your property details like property type and number (some resources suggest including the old property number too).
    • Payment Reference: If you have a receipt or transaction reference number, you can enter that instead.
    1. Once you submit the details, the website should display your payment status for 2024. It should indicate whether the payment is “Paid” or “Pending.”

    KDMC Property Tax Offline Payment 2024

    You can still make an offline payment for your KDMC property tax for 2024, even though the deadline for potential discounts has passed. Here’s how:

    Visit the KDMC Office:

    1. Locate the nearest Kalyan Dombivli Municipal Corporation (KDMC) office. You can find a list of office locations on the KDMC website (https://www.kdmc.gov.in/) or by calling their helpline (contact information should also be available on the website).
    2. Department: Enquire about the specific department that handles property tax payments. It might be the Tax Collection Department or a similar unit.

    Documents Required:

    • Property Tax Bill: Bring a copy of your 2024 property tax bill.
    • Payment Amount: Have the exact amount ready in cash or a demand draft (DD) made payable to “Kalyan Dombivli Municipal Corporation.”

    Payment Process:

    1. Approach the designated counter for property tax payments.
    2. Submit your documents (property tax bill and payment) to the official.
    3. You might receive a receipt or acknowledgement for your payment.

    Challenge KDMC Property Tax Assessment 2024

    The process to challenge your KDMC property tax assessment for 2024 will likely involve a combination of online submissions and potentially visiting the KDMC office in person. Here’s a general guide:

    Online Research:

    1. KDMC Website: Look for a section on property tax assessments or disputes on the KDMC website (http://www.belagavicity.mrc.gov.in/en/home). There might be an online form you can use to initiate the process.
    2. Assessment Details: Gather documents related to your property tax assessment for 2024. This might include the property tax bill, property valuation details, and any supporting documents you wish to include in your challenge.

    Grounds for Challenge:

    Common reasons to challenge your property tax assessment include:

    • Valuation Errors: If you believe the market value assigned to your property is incorrect, you can provide evidence to support a lower valuation.
    • Incorrect Measurements: Ensure the property area mentioned in the assessment matches your records.
    • Exemptions: Check if your property qualifies for any exemptions that might have been overlooked.

    Supporting Documents:

    • Recent property valuation reports by a certified valuer
    • Sale deeds of similar properties in your area
    • Receipts for renovation or repairs that might have lowered the property value
    • Documents proving exemption eligibility (if applicable)

    Online Submission (if available):

    • If the KDMC website offers an online form for contesting assessments, use it to submit your challenge. Attach scanned copies of your supporting documents.

    KDMC Property Tax Rates & Calculator 2024

    Unfortunately, KDMC doesn’t have a single, fixed property tax rate. The amount you pay depends on several factors, including:

    • Property Type: Residential properties typically have lower rates than commercial ones.
    • Property Size: Larger properties generally have higher taxes due to their value.
    • Location: Properties in premium areas might have higher tax rates due to market valuation.

    Property Age: Older properties might have varied rates based on their depreciation.

    KDMC Pay KDMC Property Tax Online 2024 Tax Calculation

    Those who have already paid their KDMC property taxes online know a self-assessment option is available. What exactly is this self-evaluation? You can determine the amount of property tax you will be required to pay for your property by entering some data about it. How is this calculation carried out? What bases does it have? Understanding the KDMC property tax computation process and factors is necessary for this. The KDMC adheres to the capital-based calculation rule just like the other municipal corporations in Mumbai. 

    The amount of tax you must pay will depend on the market value of your property under this scheme. As an illustration, if your property has a high market value, your property tax value will also be on the upper end of the spectrum, and vice versa. Therefore, your property tax assessment will alter over time and respond to market fluctuations. How will you find out what your annual property tax value is? KDMC property tax bills are printed and generated, and you can verify them online before paying your KDMC property tax online or picking them up at their office and mailing them to you.

    The following factors are multiplied by the basis to determine the KDMC property tax:

    • Built-up area 
    • Age factor 
    • Base value 
    • type of building
    • Category of use 
    • Floor factor

    Online tax calculators are available to taxpayers. The interest charged on property taxes typically ranges from 5% to 20%. Additionally, certain states don’t impose any additional late payment penalties. It would be best if you spoke with KDMC officials to learn the late payment property rate or interest rate. KDMC must pay tax on property in Dombivli and Kalyan.

    The Calculation is:

    The Kalyan Dombivli property tax will change over time because it is based on the property’s value. Therefore, residential property tax rates are often less expensive than commercial property tax rates.

     KDMC real estate taxes = built-up area x building type x age x floor x base value x use category

    Taxpayers can compute their owed taxes using the KDMC House Tax online calculators, accessible through the municipal corporations’ web portal.

    KDMC Budget 2023-24: Enhancing Services and Infrastructure for the Community

    The Kalyan-Dombivli Municipal Corporation (KDMC) has recently unveiled its budget for the financial year 2023-24, amounting to a substantial Rs 2,206 crore. Remarkably, the budget has been presented without any increase in taxes, easing the burden on residents. 

    The allocated funds prioritize crucial areas such as health facilities, city sanitation, solid waste management, primary education, and the provision of healthcare services for stray and domestic animals. Additionally, the budget focuses on enhancing sports facilities, implementing a parking policy, and promoting road development. 

    The KDMC is also dedicated to improving amenities like crematoriums, energy-efficient street lights, and the production of fertilizer from waste, contributing to sustainable development. Notably, the budget demonstrates the civic body’s commitment to smart governance and addresses concerns such as unauthorized construction through a dedicated campaign.

     Furthermore, the administration has taken a compassionate step by providing free funeral facilities for yellow and orange ration card holders. With its emphasis on civic welfare and infrastructure development, the KDMC budget for 2023-24 aims to enhance the overall quality of life in the region while ensuring efficient governance and sustainable progress.

    KDMC Property Tax Last Date 2024

    Quickly settle your dues by searching your KDMC property tax by name on their website. The last date to pay your KDMC Property Tax for 2024 has already passed. Based on several sources, the deadline to benefit from any reduction in penalties and interest was March 31st, 2024. This information was included in the Abhay Yojana scheme offered by KDMC earlier this year.

    KDMC Property Tax Refunds and Penalties

    Under certain conditions, a KDMC property tax reduction may be provided. In addition, a discount on KDMC property tax may be offered for specific circumstances. On the other hand, if you don’t pay the property tax on time, you risk incurring a 5–20 per cent interest charge.

    KDMC Mobile Application

    Downloading the KDMC mobile app from the Google Play store or the Apple Store enables you to use the various services and pay the KDMC water tax and property tax.

    Legal Services Offered by NoBroker

    NoBroker provides comprehensive legal assistance tailored to property transactions. Here’s an overview of our services:

    • Document Scrutiny: Our legal team examines essential documents like title deeds and sale agreements to identify potential issues before finalising the property deal.
    • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
    • Packages: NoBroker offers various legal service packages. These can include:
      • Buyer Assistance: We provide guidance and support throughout the buying process.
      • Registration: We handle property registration, saving you time and hassle.
    • On-Demand Services: If you don’t need a full package, we offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
    • Free Consultation: NoBroker offers a free consultation to discuss your needs and provide initial legal advice related to property.
    • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments conveniently in one place.

    How to Book NoBroker Legal Services

    Here are the simple steps to secure our services for a smooth and hassle-free service:

    1. Download/Visit the NoBroker app.
    2. Visit the NoBroker Legal Services page.
    3. Explore the different service packages offered. We cover tasks like drafting agreements, property verification, and legal consultations.
    4. Decide on a service, then fill in the necessary details and complete the form. 
    5. Then you’ll be contacted by our NoBroker experts for further details. This contact might be through a phone number or a chat window. Also, you can book a free consultation call for further enquiries. 
    6. NoBroker’s legal services page also highlights online rental agreements. These agreements can be directly purchased and customised on the NoBroker website.

    Why Choose NoBroker Legal Services

    Here are some key reasons to choose NoBroker legal services:

    • Convenience: NoBroker emphasises the simplicity of their service. You can complete legal tasks from the comfort of your home without needing to visit a lawyer’s office.
    • Affordability: We offer competitive pricing for our legal services compared to traditional lawyers, ensuring cost-effective solutions.
    • Experienced Lawyers: NoBroker works with seasoned lawyers (minimum 15 years of practice) who are qualified by the Bar Council.
    • Streamlined Process: We simplify the legal process by providing pre-defined packages and managing communication with the lawyer on your behalf.
    • Technology-Driven: NoBroker utilises technology for tasks like document management to enhance efficiency and improve service delivery.

    NoBroker: Simplifying Legal Processes for Your Property Transactions

    While challenges were encountered, such as underutilised modules and data reliability issues, KDMC property tax remains committed to refining its systems. By addressing these concerns, including input controls, validation checks, and security measures, KDMC strives to optimise the accounts module for property tax. 

    For reliable assistance in property tax management and expert guidance on legal matters, seize the opportunity to book a free consultation with NoBroker’s skilled professionals. Choose NoBroker Pay. By using this, you can be assured of a secure and convenient way to make your VVMC property tax payment. Also, track all your payments conveniently in one place. Our secure and convenient platform simplifies the stamp duty process. Download the app today!

    Frequently Asked Questions

    Q: How to print the KDMC property tax bill?

    Ans: To print your KDMC property tax bill, visit the official website of KDMC and navigate to the section for property tax. Locate the option to view or download the bill, and select the print option to obtain a physical copy of the bill.

    Q: What is the penalty for property tax in KDMC?

    Ans: The penalty for property tax in KDMC is typically levied at a rate of 2% per month on the outstanding amount.

    Q: How to find the KDMC property number?

    Ans: To find your KDMC property number, you can refer to your property documents or visit the official KDMC website and search for your property using your name, address, or survey number. You can also contact the KDMC directly for assistance in retrieving your property number.

    Q: When was the KDMC formed?

    Ans: The Kalyan-Dombivli Municipal Corporation (KDMC) was formed on 1st October 1983.

    Q: How do I check if my property is KDMC approved?

    Ans: To check if your property is KDMC approved, you can visit the official Kalyan-Dombivli Municipal Corporation (KDMC) website and look for the section or option related to property verification. Enter the necessary details of your property, such as the property number or address, and the website will provide the information regarding its KDMC approval status.

    Q: How to pay kalyan dombiwali property tax?

    Ans: Visit the KDMC website: https://www.kdmc.gov.in/. Locate the section for “Property Tax” or “Online Services.” Look for an option like “Property Bill Payment” or similar. Enter your property details like property type and number. Some resources suggest including the old property number as well. Once you enter the details, you’ll see your property tax information for 2024, including the amount due. Choose your preferred payment method. Follow the on-screen instructions to complete the payment.

    Q: How can I check my KDMC property tax bill online?

    Ans: Visit the KDMC website: https://www.kdmc.gov.in/ . Look for the section on “Property Tax” or “Online Services.” You might find an option like “Property Bill” or “Property Tax Payment.” Enter your property details like property type and number. Some resources suggest including the old property number as well. Once you enter the details, you should be able to see your property tax bill for 2024, including the amount due.

    Q: How is property tax calculated in KDMC?

    Ans:KDMC uses two main methods to calculate property tax. The Unit Area System (UAS) method applies tax rates per square metre. The specific rate depends on the property size and its designated use (residential, commercial, etc.). In the Capital Value Method, the property tax is a percentage of the market-assessed value of the property.

    Q: What is the last date to pay KDMC property tax?

    Ans:The last date to benefit from any reductions in penalties and interest typically falls on March 31st. However, you can still make payments after this date. Late payment penalties might apply. It’s recommended to check the KDMC website for the latest information on due dates and penalties.

    Q: How can I transfer my KDMC property tax online?

    Ans:Assuming by “transfer” you mean “pay,” follow steps 1-3 mentioned in the answer for checking your bill online. Look for a “Pay Now” or “Make Payment” option. Choose your preferred payment method (credit card, debit card, net banking, UPI). Follow the on-screen instructions to complete the payment.

    Q: How do I download my KDMC property tax bill?

    Ans:Visit the KDMC website and navigate to the “Property Tax” section. Look for an option like “Receipt Download” or “Duplicate Receipt.” You might be given two choices: enter your property details or a specific reference number and corresponding date for the payment. Once you enter the required information, proceed with downloading the receipt in PDF format.

    Property Tax Thane Maharastra Payment – Online, Offline and Download Bill

    Property Tax Thane Maharastra Payment – Online, Offline and Download Bill

    Thane Property Tax is the Thane municipal corporation tax paid by property owners in place of the civic maintenance of the area. The Thane Mahanagar Palika collects the property tax in Thane twice a year, once by April 1st and then the second round of collection is completed by October 1st. Currently, the TMC property tax rate is 38.67%. 

    The government has made it very easy for property owners to get their queries resolved easily and get any information related to property tax in Pune. Thane Municipal Corporation uses both online and offline methods for the collection of property tax in Thane. Property owners can pay the offline Thane Mahanagar Palika property tax at all the municipal centres within the city. The payment can be made via cash or cheque at the Thane Municipal Corporation branch offices. 

    For online mode, TMC has introduced their very own web portal that acts as an all-out information source for the Thane municipal tax payments. The online portal conveniently provides all the TMC property tax details and offers multiple payment modes. After payment, the property owners can also download the TMC property tax online payment receipt. Let’s take a look at the procedure to pay property taxes online in Thane and download the Thane property tax payment receipt.

    Property Tax Thane Explained

    What is Property Tax Thane
    What is Property Tax Thane?
    Official Websitehttps://propertytax.thanecity.gov.in/ 
    Last due date15th June 2024

    How to Pay TMC Property Tax Online 2024

    Property Tax Online Payment Thane
    Pay Property Tax Thane Online

    To make the process of collection of property tax in Thane convenient, the Municipal Corporation launched the online portal. This portal helps the property owners pay taxes online and get help related to any queries they may have. The entire process of paying property tax bills online in Thane can be completed in a few clicks from the convenience of your home. Here is a step-by-step guide to paying the property tax in Thane online: 

    1. Visit https://propertytax.thanecity.gov.in/
    2. Search your property using the filters. You can select using your name if you are the owner or make the search using the property number. 
    How to Pay TMC Property Tax Online

    3. Fill in the required details like mobile number, e-mail id etc and get yourself registered with TMC. 

    4. After the registration, you will be able to see the check property tax in Thane. Click on pay now to pay your dues. 

    pay now to pay your dues to pay tmc property tax online

    5. Pay using your credit or debit card or you can use other options like UPI too. 

    TMC Property Tax Bill Download

    TMC Property Tax Bill Download
    Download Property Tax Bill Receipt in Thane

    After the payment of the TMC property tax bills online, homeowners can download the TMC property tax payment receipt as well. Here are the steps to download the property tax bill online Thane: 

    submit the documents page in tmc property tax bill download

    • Make the payment using your preferred payment method. 
    payment method page in tmc property tax bill download
    • After payment is successful, click on the download arrow in the top right corner for the TMC property tax bill downloaded receipt. 
    TMC Property Tax Bill Download

    How to Pay Property Tax Thane Offline?

    To submit your property taxes, stop by the TMC office. To pay the tax amount specified in the bill, go to the tax payment counter and submit property information. Demand draft, cheques, or cash are all acceptable forms of payment for taxes.

    You might be required to provide the following property details-

    • Owner Name
    • Colony name
    • Property type
    • Property zone
    • Property ward number
    • Property ID

    TMC Property Tax Calculator 2024

    TMC Property Tax Calculator
    TMC Property Tax Calculator

    TMC uses the following formula to calculate property tax in Thane:

    Property tax Thane = Tax rate x Total carpet area/area of land if the land is vacant x usage factor x age factor x floor factor x type of building. If you are a property owner from Thane, this simple formula will help you calculate the property tax in Thane. 

    For making the process of property tax online payment in Thane convenient, the TMC property tax bill can be paid after having a rough approximation of the exact amount. The TMC property tax payment calculator helps in getting approximate TMC Thane property tax. Here is a link to the official TMC property tax bill online checking Thane calculator. 

    How to Change Name on TMC Property Tax Records Online?

    Change Name on TMC Property Tax Records Online
    Change my name on property tax Thane online

    During any property transaction, transferring ownership is very important. It is equally important to make changes in property tax records. In Thane, the Municipal Corporation requires an official application to be filed by the property owner to initiate the process of property tax name change Thane online. For filing an online application, visit https://propertytax.thanecity.gov.in/

    The offline application for property tax Thane name change in records should be filed to the commissions of revenue along with the following records attested:

    • Receipts of previously paid property taxes
    • NOC from your housing society/ association
    • A copy of the sale deed
    • Government-authorised Identification proof

    Both these procedures undergo strict review from the municipal authorities and the entire process may take 15-30 days. From the filing of the application to changing the name in property tax Thane records, everything can be conveniently done on the web portal by Thane Mahanagar Palike. 

    TMC property tax Last due date 2024

    Pay the tax before 15th June 2024 and avail 10% discount on the second semester General Tax. For online tax payments, no fees are applicable.

    Thane City Property Tax Rebates and Penalties

    Property owners in Thane will incur a 2 per cent monthly penalty for any tax payments that are late. The penalty will have to be paid by the taxpayer every month until the entire sum is paid. If the property tax is not paid in full within the allotted 90 days, penalty interest will be imposed in addition to any other possible legal measures against the taxpayer. If owners don’t pay their taxes, the government may even seize the property.

    When you pay your property taxes late and TMC collects the unpaid TMC property tax bills, TMC will also deduct the recovery costs.

    The Thane Municipal Corporation gives early taxpayers incentives that range from 2 to 3 per cent of their outstanding balance.

    Thane City Property Tax: Exemptions and Concessions

    If a property owner pays their unpaid tax payment before the due date, they are eligible for a discount of 2–3 %. In addition, TMC recently approved a resolution exempting homes with up to 500 square feet of space from paying property taxes. This decision was passed by the State Government, which also pledged to waive 31% of the property tax for similar flats inside Thane Municipal Corporation boundaries. The exemption is now in force as of April 2024. The TMC coffers would be burdened with a revenue load of Rs 45 crores.

    Additionally, property owners that fall into one of the following categories are often eligible for property tax discounts. Before paying your TMC property tax bill, see if you fall within one of the following categories:

    • People with impairments who own property.
    • Female property holders
    • Senior citizens who own real estate.
    • Agricultural properties
    • Educational establishments.
    • Owners who were formerly in the Army or the Navy.

    TMC Helpline Number

    The Thane Municipal Corporation (TMC) helpline number is a crucial resource for residents of Thane seeking information or assistance regarding various municipal services, including property tax. 

    Help Line No. : 9152818798

    Property Tax Thane: Latest News

    Thane Municipal Corporation is contemplating a property tax waiver for houses and residences with an area of up to 500 sq ft in Thane City. This was recently announced by Eknath Shinde, Urban Development Minister, Maharashtra. A similar waiver was announced in Mumbai which has given the government a significant boost with property registrations. These cities are managed by the Shiv Sena’s Maha Vikas Aghadi (MVA) government. Both Mumbai and Thane face civic elections soon. 

    TMC Commissioner Dr Vipin Sharma has urged officials to enhance their vigilance in collecting property and water taxes, ensuring compliance with the uniform code and timely payment for the efficient functioning of the civic body. To facilitate this, the commissioner has established a dedicated team to focus on collecting property taxes from 176 blocks initially.

    TMC has streamlined the process of paying property taxes in Thane, including convenient options for viewing and downloading payment receipts. Timely payment is crucial to avoid late payment charges and potential legal consequences for non-compliance. 

    Legal Services Offered by NoBroker

    NoBroker provides legal assistance specifically tailored to property transactions. Here’s an overview of our services:

    • Document Scrutiny: Our legal team reviews essential documents like title deeds and sale agreements to identify potential issues before finalising the property deal.
    • Protection Measures: We safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
    • Service Packages
      • Buyer Assistance: We offer guidance and support throughout the buying process.
      • Registration: We manage property registration, saving you time and effort.
      • On-Demand Services: If you don’t need a full package, we provide specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
    • Free Consultation: NoBroker provides a free consultation to discuss your needs and offer initial legal advice related to property.
    • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments in one place.

    How to Book NoBroker Legal Services

    Follow these simple steps to secure our services for a smooth and hassle-free experience:

    1. Begin by downloading the NoBroker app or visiting our website.
    2. Navigate to the NoBroker Legal Services section.
    3. Browse through the various service packages we offer, including drafting agreements, property verification, and legal consultations.
    4. Once you choose a service, fill in the necessary details and complete the form.
    5. After submitting your form, our NoBroker experts will reach out to you for further details, either through a phone call or a chat window. You can also book a free consultation call for additional enquiries.
    6. Our legal services page also features online rental agreements that can be directly purchased and customised on the NoBroker website.

    Why Choose NoBroker Legal Services

    Here are some of the key reasons to choose NoBroker legal services:

    • Convenience: NoBroker emphasises the ease of their service. You can complete legal tasks from the comfort of your home without needing to visit a lawyer’s office.
    • Affordability: We offer competitive pricing on our legal services compared to traditional lawyers, ensuring value for money.
    • Experienced Lawyers: NoBroker collaborates with seasoned lawyers (minimum 15 years of practice) who are qualified by the Bar Council.
    • Streamlined Process: We simplify the legal process by providing pre-defined packages and managing communication with the lawyer on your behalf.
    • Technology-Driven: NoBroker utilises technology for tasks like document management to enhance efficiency and improve service delivery.

    Convenient Legal Assistance for All Your Property Requirements with NoBroker

    For any queries regarding Property Tax Thane, feel free to contact the legal experts at NoBroker, offering reliable and affordable real estate consultation services. Still worried about TMC property tax payments?  With NoBroker Pay you can simplify the payment process. Seamlessly pay your TMC property tax online through our secure platform – saving you time and ensuring on-time payments to avoid penalties. Visit NoBroker Pay today to experience a hassle-free way to manage your SMC property tax dues. Download the app today! Leave your questions or comments below, and our team will promptly assist you.

    For any queries regarding Property Tax Thane, feel free to contact the legal experts at NoBroker, offering reliable and affordable real estate consultation services. Leave your questions or comments below, and our team will promptly assist you.

    Frequently Asked Questions

    Q: What is the property tax rate in Thane?

    Ans: The current property tax rate in Thane is 38.67%.

    Q: Where can I pay property tax in Thane?

    Ans: Homeowners can pay their property tax dues at the offices of the Municipal corporation of Thane. The payment can also be made online at the official website of Thane Municipal Corporation. 

    Q: Why is property tax important for the government?

    Ans. Property tax is important for the government as it helps them maintain the infrastructure within their premises. From maintenance of drainage to the collection of garbage, all these tasks are completed with the taxes acquired by the government. Property tax is a significant source of income for the government and hence, it should be paid timely for the development of the area. 

    Q: How can I calculate property tax in Thane?

    Ans: TMC uses a simple formula to calculate the property tax, Thane:
    Property tax Thane = Tax rate x Total carpet area/area of land if the land is vacant x usage factor x age factor x floor factor x type of building. 

    Q: What happens if I fail to pay property tax in Thane?

    Ans: There are provisions to make the payments even after you miss the first deadline. With late payment charges, the homeowners can pay the property taxes and avoid any legal notice. If property tax Thane is not paid after reminders and legal notice, the municipal corporation has the right to seize your property and auction it or declare it illegal.

    Q: How do I pay my Thane property tax online?

    Ans: You can pay your Thane property tax online by visiting the Thane Municipal Corporation website (https://propertytax.thanecity.gov.in/) and following the prompts for “Online Services” or “Property Tax Payment.” Enter your property details and choose your preferred online payment method.

    BDA Property Tax Bangalore 2024 – Online Payment, Receipt Download

    BDA Property Tax Bangalore 2024 – Online Payment, Receipt Download

    Are you a resident of Bangalore? Bangalore is a beautiful city to reside in and raise a family. However, if you own real estate in Bangalore, residential or commercial, you must pay an annual BDA property tax. Each city has a municipal corporation to which residents are required to pay taxes; in Bangalore, this is the BDA property tax which stands for Bangalore Development Authority property tax.

    The Bruhat Bangalore Mahanagara Palike (BBMP) uses this money to support development initiatives and maintain existing local infrastructure. Payments for BDA property taxes can be made both online and offline. Let’s examine the tax calculation and your options for paying it.

    BDA Property Tax

    Official login linkhttps://propertytax.bdabangalore.org/login 
    Last due date July 31st 2024

    BDA Property Tax Login 

    There seems to be a discrepancy regarding a login for BDA property tax on their website. Here’s how to login into the BDA property tax website: 

    Step 1: Visit the Bangalore Development Authority’s Property Tax Portal: https://propertytax.bdabangalore.org/

    Step 2: Enter your Property Number and Owner’s Name in the designated fields.

    Step 3: Click on ‘Submit’.

    BDA Property Tax Due Date 2024

    Pay your property tax in full for the year 2024-2025 AY on or before 31st July 2024 and you can avail 5% rebate.

    Residential Zones for BDA Property Tax 

    ZonesPer Sq.Ft rate for vacant landPer Sq.Ft rate for self-occupied residential propertyPer Sq.Ft rate for tenanted residential propertyPer Sq.Ft rate for self-occupied commercial propertyPer Sq.Ft rate for commercial residential property
    ARs 0.50Rs 2.50Rs 5.00Rs 10.00Rs 20.00
    BRs 0.40Rs 2.00Rs 4.00Rs 7.00Rs 14.00
    CRs 0.30 Rs 1.80 Rs 3.60Rs 5.00 Rs 10.00
    DRs 0.25Rs 1.60Rs 3.20Rs 4.00Rs 8.00
    ERs 0.20Rs 1.20Rs 2.40Rs 3.00Rs 6.00
    FRs 0.12Rs 1.00Rs 2.00Rs 1.50Rs 3.00

    Now, there are a few things you need to keep in mind regarding property taxes:

    If you own any property subject to the BDA property tax, you will be required to pay property taxes. As a result, you must first determine whether the BDA or another municipal body governs you before adhering to their requirements. The other thing you should be aware of is that if you have rented out a property, you cannot charge the tenant for property tax or ask them to pay it because you are the owner. Since you are the owner, you must complete the BDA property tax online payment in Bangalore. And sure, making the payment online can save you a lot of time. Later in this tutorial, you will find thorough instructions on how to pay BDA property tax online. However, you can also get it offline if you choose.

    BDA Property Tax Calculation

    bda property tax calculation page

    The gross unit valuation, self-occupied and leased spaces, parking space, and annual depreciation are used to determine BDA property tax:

    Gross Unit Area Value – (Gross Unit Area Value x Depreciation rate / 100) x 20% = 24 percent cess tax is the BDA property tax.

    X + Y + Z = Gross Unit Area Value

    X: Square footage rented to renters x per zone tax rate multiplied by 10. (months)

    Y: Owner-occupied area x per square foot, multiplied by ten (months)

    Z: Dedicated parking space for x vehicles per square foot, multiplied by 10 (months)

    BDA Property Tax Depreciation Rate 2024

    Building ageDepreciation percentage
    <3 years3
    3-6 years6
    6-9 years9
    9-12 years12
    12-15 years15
    15-18 years18
    18-21 years21
    21-24 years24
    24-27 years27
    27-30 years30
    30-33 years33
    33-36 years36
    36-39 years39
    39-42 years42
    42-45 years45
    45-48 years48
    48-51 years51
    51-54 years54
    54-57 years57
    57-60 years60
    >60 years70

    BDA Property Tax Online Payment 2024-25

    If you’re wondering how to pay your BDA property tax online, the following steps, which you must complete in order, should be followed:

    bda property tax online payment official page

    Step 1: To do so, go to https://propertytax.bdabangalore.org/

    Step 2: You must log in before you can access the website. You’ll need to provide your property ID number, site ID, and complete name to log in.

    Step 3: Your keyed-in data will be confirmed after you have entered these details. You will be prompted to input your mobile number after finishing the verification procedure.

    enter details in bda property tax online payment

    Step 4: Your phone will be issued an OTP when you provide your mobile number, which you must enter to complete the BDA tax payment login procedure.

    mobile number details in bda property tax online payment

    Step 5: As soon as you log in, you will be taken to a page with information on your bill, including any outstanding balances.

    Step 6: By selecting the Pay button, you may quickly pay your BDA property tax. You can accomplish this using internet banking, a debit card, or a credit card.

    Step 7: You must keep your electronic receipt with you for future use after the transaction.

    In the unlikely event that you cannot receive the BDA property tax receipt download, phone the authorities to let them know what is wrong and wait for their instructions to resolve the situation so that you receive the receipt.

    So, these are the actions you must take one at a time to be sure you have paid your taxes online. If you prefer to complete it manually, go to the BDA office, get a challan, and settle at a bank payment window.

    BDA Property Tax Receipt Download 2024

    Once logged in, you should see your property tax information. Look for a section mentioning “Download Receipt” or “Payment History” where you can access your receipt for the 2024 payment.

    If you haven’t made the payment yet, you won’t be able to download a receipt.

    bda property tax receipt download

    BDA Property Tax Offline Payment 2024-25

    Cash, a local check, or a credit/debit card can be used to pay the BDA property tax at any ARO office or Bangalore One Centre. The following banks are also permitted to accept payments for BDA property taxes:

    • HDFC Bank
    • IDBI Bank
    • Indian Overseas Bank
    • ING Vysya Bank
    • Kotak Mahindra Bank
    • Yes Bank
    • Canara Bank
    • Corporation Bank
    • IndusInd Bank

    BDA Property Tax Status 2024

    Here’s how to check your BDA Property Tax Status for 2024:

    Online Method:

    1. Visit the Bangalore Development Authority’s Property Tax Portal: https://propertytax.bdabangalore.org/
    2. Enter your Property Number and Owner’s Name in the designated fields.
    3. Click on ‘Submit’.
    4. If you’ve used the portal before, you’ll likely be prompted for an OTP (one-time password) upon entering your Property Number. This OTP will be sent to your registered phone number for login.
    5. Once logged in, you should see your property tax information. This will include details like:
      • Outstanding amount (if any) for the 2024 assessment year (April 1, 2024 – March 31, 2025)
      • Payment history (if any payments have been made towards the 2024 assessment year)

    Offline Method:

    1. Visit a BDA office in person.
    2. Carry a copy of your property registration documents or any BDA-issued property tax notices you might have.
    3. Approach the BDA helpdesk and enquire about your property tax status for 2024. They might be able to look it up based on your property details.

    BDA Property Tax Penalty 

    A penalty of 2% per month or 14% annually is applied to the net payable amount if the BDA property tax payment is not made on time. Bangalore calculates property taxes for vacant, commercial, and residential properties using the Unit Area Value system. You must pay your BDA property tax on time if you own property in Bangalore. Both online and offline payments for BDA property taxes are accepted. You may also be eligible for a rebate if you pay your taxes on time. 

    Bangalore Development Authority(BDA) in the News: BDA Maintenance Charges

    Early in 2021 BDA introduced a maintenance charge which would be imposed on recently developed and upcoming housing layouts. The amount would vary depending on the dimensions of the property and the bill would have to be paid annually by Owners of flats as well as sites. This cess would be levied for street lighting, garbage clearance and other maintenance activity.

    There is no longer any justification for delaying your BDA tax payment. Knowing how the property tax is calculated on new and old properties in Bangalore can be a tricky aspect to navigate. Many property owners consult real estate tax experts at NoBroker to help them with property tax payments. If you’re interested, please comment below this article, our executive will be in touch with you soon. 

    Bangalore calculates property taxes for vacant, commercial, and residential properties using the Unit Area Value system. You must pay your BDA property tax on time if you own property in Bangalore. Both online and offline payments for BDA property taxes are accepted. You may also be eligible for a rebate if you pay your taxes on time. There is no longer any justification for waiting. Knowing how the property tax is calculated on new and old properties in Bangalore can be a tricky aspect to navigate. Many property owners consult real estate tax experts at NoBroker to help them with property tax payments. If you’re interested, please comment below this article, our executive will be in touch with you soon. 

    Legal Services Offered by NoBroker

    NoBroker offers legal assistance specifically geared towards property transactions. Here’s a breakdown of our services:

    • Document Scrutiny: Our legal team examines crucial documents like title deeds and sale agreements to identify potential problems before finalising the property deal. 
    • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
    • Packages: NoBroker offers various legal service packages. These can include:
      • Buyer Assistance: We provide guidance and support throughout the buying process.
      • Registration: We handle property registration, saving you time and hassle.
    • On-Demand Services: If you don’t need a full package, they offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
    • Free Consultation: NoBroker offers a free consultation to discuss your needs and get initial legal advice related to property.
    • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments conveniently in one place. 

    How to Book NoBroker Legal Services

    Follow these simple steps to secure our services for a smooth and hassle-free experience:

    1. Begin by downloading the NoBroker app or visiting our website.
    2. Navigate to the NoBroker Legal Services section.
    3. Browse through the various service packages we offer, including drafting agreements, property verification, and legal consultations.
    4. Once you choose a service, fill in the necessary details and complete the form.
    5. After submitting your form, our NoBroker experts will reach out to you for further details, either through a phone call or a chat window. You can also book a free consultation call for additional enquiries.
    6. Our legal services page also features online rental agreements that can be directly purchased and customised on the NoBroker website.

    Why Choose NoBroker Legal Services

    Here are some of the key reasons to choose NoBroker legal services:

    • Convenience: NoBroker emphasises the ease of their service. You can complete legal tasks from the comfort of your home without needing to visit a lawyer’s office.
    • Affordability: We offer competitive pricing on our legal services compared to traditional lawyers, ensuring value for money.
    • Experienced Lawyers: NoBroker collaborates with seasoned lawyers (minimum 15 years of practice) who are qualified by the Bar Council.
    • Streamlined Process: We simplify the legal process by providing pre-defined packages and managing communication with the lawyer on your behalf.
    • Technology-Driven: NoBroker utilises technology for tasks like document management to enhance efficiency and improve service delivery.

    Streamlined Legal Solutions for Your Property Needs at NoBroker

    Knowing how the property tax is calculated on new and old properties in Bangalore can be a tricky aspect to navigate. Many property owners consult real estate tax experts at NoBroker to help them with property tax payments. You can also pay your BDA property using NoBroker Pay. Download the app today! If you’re interested, please comment below this article, our executive will be in touch with you soon.

    Frequently Asked Questions

    Q: Can I pay BDA property tax online?

    Ans: Yes, the BDA tax can be paid online. Visit the below website and follow the steps given in the article to pay your taxes – https://propertytax.bdabangalore.org/

    Q: What is the BDA property tax last date?

    Ans: Bangalore Property Tax Last Date, April 30th of every year, is set as the last date by the BBMP for the property tax payment in Bangalore. Also, property owners can avail of a five percent rebate on lump sum payment of the property tax before the due date.

    Q: What happens if I forget to pay my property taxes?

    Ans: After then, a fine will be required to remove it before the subsequent cycle. Paying your taxes on time is easier because it’s less of a hassle.

    Q: Are there any discounts for paying BDA property taxes online?

    Ans: No special discounts are available if you pay your BDA property taxes online. You might, however, be free from taxes based on the type of property you own. For instance, a property used primarily for religious reasons is exempt from taxation.

    Q: Can I visit a bank in Bangalore to pay my taxes apart from BDA?

    Ans: No, just those affiliated with the BDA. For any other tax such as income tax, or TDS, you will have to pay it at the specific bank branch or website.

    Q: Can I sell a BDA site?

    Ans: BDA sites are sold by BDA through site auctions. BDA has conducted such e-auctions during the months of April and May in 2022. Sites would cost around ₹5000 per square foot.
    BDA sites cannot be sold unless the 10-year lease period after the purchase date is completed by the person who wants to sell the property. The exception to this rule is that the sale is being done by a farmer.

    Q: How do I pay my BDA property tax online?

    Visit the Bangalore Development Authority’s Property Tax Portal: https://propertytax.bdabangalore.org/. Enter your Property ID number, Site ID number, and complete name as mentioned in the registered records. Click on ‘Submit’. The system will verify your details. Enter your mobile number when prompted and receive an OTP (One Time Password). Once verified, log in using the OTP and view your property tax dues. Choose your preferred payment method: net banking, debit card, or credit card. Make the payment and download the e-receipt for your records.

    Q: What is the last date for BDA property tax payment?

    Ans: The traditional due date for BDA property tax payment likely falls on 31st July of the assessment year. However, there might be extensions or revisions announced by the BDA.

    Q: How can I check my BDA property details online?

    Ans: You can check your BDA property details online through the BDA Property Tax Portal: https://propertytax.bdabangalore.org/. Enter your Property ID number and Owner’s Name in the designated fields. Click on ‘Submit’. If you’ve used the portal before, you’ll likely be prompted for an OTP sent to your registered phone number for login.

    Bhoomi RTC Karnataka 2024: Download & View Karnataka Land Records Easily Online

    Bhoomi RTC Karnataka 2024: Download & View Karnataka Land Records Easily Online

    The land ownership transfer process is vital, impacting lives and generating employment. To ensure transparency and prevent delays and corruption, the Government of India and the Karnataka State Government initiated Bhoomi Karnataka or Karnataka Land Records. It’s part of the Digital India Land Record Modernisation Programme (DILRMP) launched in 2008. This blog explores Bhoomi, its significance for landowners and sellers, how to check Bhoomi RTC Mutation Status and more. 

    Bhoomi RTC Karnataka 2024

    You can check your status of landholdings and ownership details in a single address – Bhoomi Online
    You can check your status of landholdings and ownership details in a single address – Bhoomi Online

    Bhoomi, initiated in 2000, is the Karnataka State Government’s project to digitize land records, making Rights, Tenancy, and Crop Inspections (RTCs) easily accessible at kiosk centres. Whether you’re a farmer or a landowner, you can apply for Bhoomi RTC Karnataka, check Bhoomi RTC mutation status, and make changes conveniently. Bhoomi has offices across the state, replacing the need to visit multiple offices. Previously, land records were kept in physical copies, prone to errors and tampering, making them inaccessible and problematic during land ownership disputes.

    The Digital India Land Records Modernization Programme (DILRMP) of 2008, initiated by the central government, goes beyond digitization by creating a comprehensive database for planning, regulation, disaster management, and citizen access to land records data. You can easily download your RTC by visiting the Karnataka state land records website, entering relevant information like district, hobli, taluk, village, and survey number, and accessing your RTC form 16.

    Bhoomi Government Of Karnataka Contact Details

    AddressDirector (Bhoomi & UPOR) Bhoomi Monitoring Cell, SSLR Building, K.R. Circle Bangalore – 560001Special Deputy Commissioner Bhoomi Monitoring Cell, SSLR Building, K.R. Circle Bangalore – 560001
    Phone No.080-22113255
    Email IDbhoomi@karnataka.gov.in 
    Official Websitehttp://rtc.karnataka.gov.in 

    So, what is Bhoomi RTC, and what are the benefits of using the Bhoomi Land Karnataka portal? Let’s find out. 

    Bhoomi RTC

    A Pahani or record of RTC (Rights, Tenancy and) Crop information includes all the details of your land. You can check the RTC details in the Bhoomi online RTC Karnataka portal including the following:

    1. Details of the landowner
    2. Type of land
    3. Area of measurement
    4. Type of soil
    5. Water rate
    6. Nature of land possession
    7. Liabilities
    8. Flood areas (includes agricultural, non-agricultural, commercial and residential)
    9. Cultivated crops

    You can also avail of any of the following land-related services via the Bhoomi RTC portal:

    • Check your pahani or RTC status 
    • Register Mutation
    • Get Revenue maps
    • Check Mutation status
    • Extract Mutation details
    • Get an i-RTC or internet record of Rights, Tenancy, and Crops
    • Register dispute cases
    • Get tippan
    • Get the list of new taluks 
    • Get XML verification of RTC

    Karnataka Land Document Fees and Registration Charges

    Fee TypeFee Amount
    BMRDA, BBMP and village areas added cess10% on the stamp duty
    Registration charge1%
    BMRDA and other surcharges3% on the stamp duty
    Corporation and BBMP added surcharges2% on the stamp duty

    What Does Mutation of Property Mean?

    Every change of ownership of property must be recorded in the government documents. This process of property changing hands legally from one citizen to another is known as a mutation, typically taking place due to the following reasons:

    • Any property or piece of land being sold
    • Any property or piece of land being divided among family members
    • Any property or piece of land being acquired by the government
    • Any property or piece of land being transferred upon the death of the owner
    • Any property or piece of land being converted from one purpose to another

    Benefits of the Bhoomi RTC Portal

    Benefits Of The Bhoomi RTC Portal
    Online services from the Bhoomi Karnataka porta

    Checking Bhoomi land records online in Karnataka via https://landrecords.karnataka.gov.in/ offers numerous advantages. Through online registration and login, individuals and businesses can conveniently locate their Karnataka-based lands without visiting government offices. Services like Pahani Online enable easy access to the original record of rights for just INR 15, while Citizen Registration allows Aadhar and mobile number registration for SMS alerts on agricultural land mutations. Bhoomi Online Karnataka and affidavit-based land conversion login also provide access to Karnataka Bhoomi survey number RTC, current RTC, and historical RTC since computerization began. Excluding these, some of the other benefits for citizens and farmers include:

    • Acquisition of land records for application for loans
    • Searching for RTC, RTC download or Pahani download by entering the plot number and name of the owner
    • Putting sale requests or inheritance-related questions about mutation status in Karnataka
    • Find data on your crops through the i-RTC services and claim crop insurance
    • Find solutions for land-related disputes through online pahani Karnataka services

    How To Register Yourself at Bhoomi Karnataka Portal

    To register yourself and avail of the services from the Bhoomi Karnataka portal, follow the steps below:

    • Visit the official Bhoomi website of the Karnataka Government at https://www.landrecords.karnataka.gov.in
    • Click on ‘Create account’ to get redirected to the ‘Sign-up’ page. 
    • Enters the details required along with the captcha code.
    • Click the ‘Submit’ button to register yourself with the Bhoomi Karnataka portal. 

    How to View RTC on Bhoomi Portal

    It is easy to get your Karnataka land records online. To view your RTC details or check survey no. online for Karnataka on the Bhoomi Portal, follow the steps below:

    • Visit the official Bhoomi Karnataka online website https://www.landrecords.karnataka.gov.in/Service84 https://www.landrecords.karnataka.gov.in/citizenportal
    • Click on the ‘Services’ button
    • Click on the ‘View RTC and MR’ option to go to the page to fill in the required information
    • Select the district, hobli, taluk, village etc. and enter the survey number of the relevant RTC
    • Select the appropriate surnoc and hissa number as well as the period
    • Click on the ‘Fetch details’ option
    • Your RTC details will now be available to you

    How To Check Mutation Status Online on Bhoomi Portal?

    In the case that you have applied for the mutation process, be sure to check your mutation register online by following the below steps for bhoomi land conversion status: 

    • Visit the Bhoomi Pahani Karnataka portal at https://landrecords.karnataka.gov.in/service2/RTC.aspx and click on the ‘For Citizen Services’ to select the ‘View RTC and MR’ option.
    • The website redirects you to a new page where you can choose the MR from the menu on the top
    • Fill in the relevant details including the taluk, village, survey number, hobli etc. and ‘Fetch details’. 
    • The status will be generated in a few moments

    Bhoomi Karnataka: The Mobile App

    Gone are the days of standing in long queues and navigating through endless paperwork just to access basic land information. With the Bhoomi Karnataka app, you can now access your land records right from the comfort of your own home! This innovative app has revolutionized the way people access and manage their land records in Karnataka, making it easier and more convenient than ever before.

    Here are some of the key features of the Bhoomi Karnataka app that you should know about:

    • Easy Access to Records: You can access all your land records, including the ownership details and survey number, with just a few clicks on the Bhoomi Karnataka app.
    • Real-Time Updates: The app provides real-time updates on any changes or updates made to your land records, so you can stay informed at all times.
    • No More Paperwork: With the Bhoomi Karnataka app, there’s no need for you to physically visit government offices or deal with mountains of paperwork. You can access all the information you need from your phone or computer.

    If you’re still not convinced, here are a few statistics that show just how impactful this app has been in streamlining land record management in Karnataka:

    • Over 5 million land records have been digitized and made accessible through the Bhoomi Karnataka app.
    • In 2020, over 1.5 million transactions were completed through the app, saving people time and money.
    • The app has received a 4.3-star rating on the Google Play Store, with users praising its ease of use and convenience.

    If you’re looking for an easier and more efficient way to manage your land records in Karnataka, then the Bhoomi Karnataka app is the way to go. With its user-friendly interface and convenient features, you’ll never have to worry about losing track of your land records again.

    And if you’re still unsure about how to check the owner name, land details with the survey number, or property ownership online in Karnataka, NoBroker’s legal services can help guide you through the process.

    Navigating Real Estate Records Like a Pro: Download Dishank App

    For those who don’t know, Dishank is the official mobile app for accessing land records in Karnataka. This app has made it incredibly easy to access your land records, with a user-friendly interface and intuitive navigation.

    Here’s what you can do with Dishank:

    • View your land records and property ownership details at any time, from anywhere 
    • Quick and easy access to important information about your property, including the survey number and tax paid 
    • Increased transparency in land record-keeping, reducing the potential for corruption 

    So, how do you check land details with survey number in Karnataka? It’s as easy as downloading the Dishank app and entering your survey number. You’ll have all the information you need about your property right at your fingertips.

    Downloading Pahani (RTC) on Bhoomi Karnataka RTC Online

    To download your Bhoomi Pahani Karnataka details from the portal for any purpose like legal or loan application, you need to make a small payment and follow the procedures below for Land records service 78:

    • Log in to the Bhoomi portal at  https://rtc.karnataka.gov.in/Service78/ and create a login account for accessing the option of ‘Pahani Online (ONLINE RTC) ANYWHERE-ANYTIME’.
    • Enter the required information to proceed and get redirected to the i-wallet services page. Here click on the i-RTC button.
    • After getting redirected to new page fill in the details such as the district, hobli, taluk etc. and click on the ‘Go’ button. Now enter the surnoc and hissa number, as well as the RTC validity period to ‘Fetch Details’. After this, you will be able to view the details of ownership and RTC. Now click on ‘Pay and Print i-RTC’ for which the amount will be deducted from the i-Wallet. You can also get the original i-RTC copy printed. 

    Applying For Conversion of Land from the Karnataka Online Land Records Bhoomi

    Landowners can also apply for the conversion of land from the Karnataka Bhoomi RTC portal given all the land records are stored in the government database. Here’s how you can apply:

    • Visit the official Bhoomi Karnataka portal (https://landrecords.karnataka.gov.in/Service84/) and click on the ‘Citizen services’ button.
    • On the new redirected page, you will be shown a list of services offered from the Bhoomi Portal. Here select the ‘Apply for conversion’ option.
    • Choose the land conversion type from the three options of:
      • Land situated outside your master plan area, for which you need to share a notarised affidavit through the ‘Affidavit based conversion’ option
      • Land located within your master plan published by the local authority, for which you need to click on the ‘Master plan-based deemed land conversion’ option
      • Agricultural land which falls under Section 109 of the Karnataka Land Revenue Act, for which you need to click on the last option 

    Land conversion based on an Affidavit

    The State government of Karnataka introduced an affidavit-based online land conversion system recently to make the licencing process for converting the agricultural property to non-agricultural purposes easier. According to Revenue Minister R.V. Singh, this is a simple and transparent approach that will greatly reduce delays in the land conversion process. Let’s take a brief look at the process for land conversion based on an affidavit.

    Procedure to obtain affidavit online for land conversion

    Visit http://landrecords.karnataka.gov.in/service63 for more information. Provide the RTC information, as well as a properly sworn affidavit (in front of a notary) and an 11E drawing. If a portion of the land is to be converted, an 11E drawing is filed.

    Village land records Bhoomi RTC online: How to view dispute case reports

    Here are the steps to view dispute case reports online

    • Visit the Bhoomi Dispute Case Reports first.
    • Select the Taluk and District. To access the Land Dispute Case Report, click the ‘Get Report’ icon.

    Village land records Bhoomi RTC online: How to apply for land conversion

    Here are the steps to apply for land conversion for village land records:

    • Click on the ‘Citizen services’ option on the official Bhoomi Karnataka webpage (https://landrecords.karnataka.gov.in/Service84/).
    • You will see a list of services offered by the Bhoomi Portal on the new redirected page. Choose the ‘Apply for conversion’ option here.
    • Choose one of the three alternatives for land conversion:
    • The ‘Affidavit based conversion’ option requires you to share a notarized affidavit for land outside your master plan region.
    • You must select the ‘Master plan-based presumed land conversion’ option for land that is included within your local authority’s master plan.
    • Click on the last choice for agricultural land that falls under Section 109 of the Karnataka Land Revenue Act.

    Village land records Bhoomi RTC online: How to view the land conversion request status

    Here are the steps to view the land conversion request status:

    • Step 1: Visit the Bhoomi official website.
    • Step 2: Select ‘View RTC and MR’ from the menu.
    • Step 3: You will be directed to a new page where you will be asked to fill in the information.
    • Step 4: Fill in the blanks with the information that you need.
    • Step 5: Next, select ‘Fetch Details.’

    Village land records Bhoomi RTC online: Helpline

    To contact the monitoring cell, users can use the following number: Karnataka Bhoomi RTC:

    Call: 8277864065/67/68

    Email: bmchelpdesk.s@gmail.com 

    Finding information about your landholding has been made fairly transparent by the government of Karnataka for the smooth functioning of the land-based system and to keep disputes to a minimum. The blog informs of the fundamental information you must have about RTC and the Bhoomi Portal in Karnataka. But if you have more queries – then head to NoBroker Forum. And if you are looking for a home in Karnataka, then NoBroker is the answer for you!

    FAQ’s

    Q1. What is the RTC full form inland or real-estate terms?

    Ans: Also referred to as Pahani, RTC is the records of Rights, Tenancy and Crops, issued to the landowner, and documents any change in such ownership or purpose of the land.

    Q2. How to get RTC online?

    Ans: You can check your RTC status online by visiting the official Bhoomi Karnataka online website https://www.landrecords.karnataka.gov.in/Service84 https://www.landrecords.karnataka.gov.in/citizenportal

    Q3. How do I do a survey no check-in Karnataka?

    Ans: You will find your land survey number on the sale deed or visit the official website of Karnataka land records and view the map. You can also visit the land revenue office to get your land survey number or simply download the Dishannk app from the Google play store. 

    Q4. Is there a Bhoomi Karnataka mobile app?

    Ans: Yes! Simply download the mobile app for your android phone here – https://play.google.com/store/apps/details?id=app.bmc.com.BHOOMI_MRTC

    Q5. How can I contact the office of the Bhoomi Karnataka portal?

    You can simply drop an email to bhoomi@karnataka.gov.in or bhoomi.bmc@gmail.com

    KMC Property Tax Payment: A Step-by-Step Walkthrough

    KMC Property Tax Payment: A Step-by-Step Walkthrough

    Owning property in Kolkata comes with the responsibility of paying Kolkata Municipal Corporation (KMC) property tax. Property tax is the yearly tax imposed by the government on real properties. Respective local governments raise these monies to offer public facilities and other services. Similar to this, Kolkata homeowners must annually pay taxes to the KMC (Kolkata Municipal Corporation). To make the procedure simpler, we have assembled some crucial information about Kolkata Municipal Corporation property tax as well as create a detailed guide.

    On December 15, 2016, the Kolkata Municipal Corporation Bill was approved to streamline the tax collection procedure. This gave the Kolkata Municipal Corporation, or KMC, the authority to accurately assess a person’s property tax and manage any rate increases or decreases. 

    KMC Property Tax Highlights

    Tax AuthorityKolkata Municipal Corporation (KMC)
    Official Websitehttps://www.kmcgov.in/KMCPortal/jsp/KMCPortalHome1.jsp 
    Last due date July 2024
    Types of PropertiesResidential, Commercial, Industrial, Institutional, Vacant Land, Mixed-Use, Government, etc.
    Payment ModesOnline: KMC’s official website, mobile app, e-wallets like NoBroker Pay. Offline: KMC offices, authorised banks, CSCs (Common Service Centers).
    Exemptions & RebatesAvailable for certain categories (e.g., senior citizens, physically challenged individuals)

    KMC Property Tax: What is the Assessee Number?

    The KMC Assessee Number is a unique identifier assigned to each property registered with the Kolkata Municipal Corporation (KMC) for property tax purposes. It acts like an account number for your property tax dues.

    How to Find the Assessee Number to Pay Kolkata Municipal Corporation Property Tax ?

    1. Visit the Kolkata Municipal Corporation’s Assessee Information Search page –  https://www.kmcgov.in/KMCPortal/jsp/AssesseeInformationSearch.jsp 
    kmc-official-website-assessee-information-search-page
    1. Enter your Ward No., Street Name, and Premise No. in the designated fields.
    2. Once you submit the information, your Assessee Number will be displayed on the screen, if available.

    How to locate a property’s assessed number on the KMC website

    Property owners can search for the assessee number on the KMC website.

    Step 1: Go to the Kolkata Municipal Corporation’s official website at https://www.kmcgov.in/KMCPortal/HomeAction.do

    kolkata municipal corporations official website

    Step 2: Select “Assessment-Collection” under “Online Services” in the left menu.

    kolkata municipal corporations official website online services page

    Step 3: A new page will open up with the “Assessee Information Search” option available.

    Step 4: Choose the ward number, premises number, assessee number, and street. Your name and the assessee number will be displayed.

    Property Tax Exemption Program Run by KMC

    The KMC initiated a tax waiver programme in October 2020 to compensate for the property taxes’ lost revenue. But only those are protected by this if they receive their KMC property tax bill payment for the 2019–20 fiscal year by March 31, 2020. Taxpayers were eligible to waive all interest and penalties if they paid off their bills by February 28, 2021. If someone paid between March and May 2021, 60% and 100% of the penalty were correspondingly waived and returned. Applications for this programme must be submitted by January 31, 2020, to be evaluated. The corporate offices and tax collection facilities of KMC accepted applications online.

    A Guide to Paying Kolkata Property Taxes Online: Pay KMC Property Tax Bill for 2024-25

    Homeowners are required to pay KMC property tax every year. The amount of tax, however, varies depending on where you are. This is a guide to online property tax payments. Property tax is due each year to the Kolkata Municipal Corporation (KMC) from owners of residential properties in Kolkata. The municipality provides significant public facilities and services using the money obtained from property taxes. To calculate and pay KMC property tax online, follow these steps:

    How to Pay KMC Property Tax Online Payment 2024-25

    The Kolkata Municipal Corporation makes it simple for residents not only to pay property taxes online but also to check how much tax is unpaid in an easy manner. 

    To use this service, however, taxpayers must be aware of their assessee number and mobile number on file with them. Using your street name and ward number, go to https://www.kmcgov.in/KMCPortal/jsp/AssesseeI formation Search.jsp to find your assessee number. You can check your KMC assessment status online to see if there are any updates on your property tax bill. We have outlined the steps for paying property taxes online with the Kolkata Municipal Corporation:

    Step 1: Visit the Kolkata Municipal Corporation’s official website.

    Step 2: Locate the “Online Payment” option on the right side. You will get a drop-down menu with the following options when you choose “Property Tax” from the menu:

    • Present PD
    • newly added supplements
    • Outstanding LOI
    • UAA online submission and tension.
    kmc property tax uaa online submission and tension

    Step 3: Select the appropriate choice. Your phone number, assessee number, and email address must be entered. Then click “Pay.”

    kmc property tax select the appropriate choice page

    Step 4: Enter the payment amount on the following screen. Pay the applicable year’s property tax bill from KMC. Users will get an electronic receipt.

    kmc property tax payment proof

    How to Download/Print KMC Property Tax Receipt?

    Here are the steps on how to download the KMC property tax receipt online:

    1. Go to the Kolkata Municipal Corporation website
    2. On the left-hand panel, select “Assessment Collection” under the “Online Services” tab.
    download print kmc property tax receipt
    1. On the redirected window, click on the “Reprint E-receipt” option.
    2. Enter the following details:
      • Assessee number
      • Receipt date from (optional)
      • Receipt date to (optional)
    download print kmc property tax receipt fill details
    1. Click on the “Search” button.
    2. The list of e-receipts will be displayed.
    3. Click on the “Download” button next to the e-receipt you want to download.
    1. The e-receipt will be downloaded to your computer.

    How to Check KMC Property Tax Payment Status 2024-25?

    check kmc property tax payment status

    To find out the status of the Kolkata Municipal Corporation’s online property tax payment, go to the official website. You can determine whether or not you have paid your KMC property taxes by providing the property details on the official website.

    How to Check Unpaid KMC Property Tax Bill Online 2024-25?

    The Kolkata Municipal Corporation (KMC) website doesn’t offer a direct way to access information on unpaid bills for the current year (2024-25) programmatically.

    However, you can leverage their online services to check your unpaid KMC property tax bill:

    1. Visit the KMC website.
    kolkata municipal corporations official website
    1. Navigate to the “Assessment Collection” section under “Online Services”.
    check kmc property tax assessment collection section under online services
    1. Look for options like “Print Unpaid Bill” or “Check Demands Payable” (terminology might change). These options typically require your Assessee number to retrieve outstanding bills.
    kmc property tax print unpaid bill

    How to Print the KMC Property Tax Bill?

    Here’s how to print your KMC Property Tax bill, assuming it’s an unpaid bill for the current financial year (2024-25):

    1. Visit the KMC website: Head over to the official website of the Kolkata Municipal Corporation (https://www.kmcgov.in/KMCPortal/jsp/KMCPortalHome1.jsp).

    kolkata municipal corporations official website

    2. Go to “Assessment Collection”: Under the “Online Services” section, navigate to the “Assessment Collection” option.

    kmc official website assessment collection page under online services

    3. Find “Print Unpaid Bill”: The specific terminology might differ, but look for options like “Print Unpaid Bill”, “Check Demands Payable”, or “Download Unpaid Demand Notice”.

    kmc property tax uaa online submission and tension

    4. Enter your Assessee Number: This unique identifier is crucial for accessing your property tax information. Enter your Assessee number in the designated field.

    check kmc property tax payment status

    5. Print the Bill: Once you retrieve your unpaid bill details, you should be able to print it directly through your browser’s print function.

    KMC’s 2024-25 Property Tax Statement: Online KMC Property Tax Payment Procedures

    Depositing the Kolkata Municipal Corporation property tax is simple and easy with the online payment option. Follow these procedures to pay your KMC property tax online through KMC online payment of property tax:

    Step 1: To make a KMC property tax online payment, go to the official website of kolkata municipal corporation.

    kolkata municipal corporations official website online services page 1

    Step 2: In the right-hand menu’s fast links, select “Make Online Payment for Kolkata Municipal Corporation“ from the list.

    kolkata municipal corporations official website

    Step 3: Select the Property tax option under this.

    Step 4: Under this, select the “All Bill” option

    kmc property tax all bill option

    Step 5: The window for overdue property taxes will be opened in step five.

    Step 6: Type the assessee’s number, phone number, and email address, then press the Search button.

    check kmc property tax payment status

    Step 7: A screen will show the outstanding real estate tax.

    Step 8: You can view and pay your property tax on the KMC portal property tax section using your debit card, credit card, UPI, wallet, NEFT, RTGS, internet banking, etc. You will receive the ‘tax paid’ receipt following a successful transaction. This receipt has to be kept nearby for future use. 

    How to Pay KMC Property Tax Offline Payment 2024-25

    To make an offline payment, you can visit any of the nearest tax collection centres or a designated bank branch between 11:00 AM and 03:00 PM on a working day. For online payments, they can visit the KMC Property tax portal anytime.

    Important Aspects of the Unit Area Assessment

    The city has been divided into 293 blocks and seven categories, ranging from A to G, according to the UAA model. The division is based on the market value of the assets, including infrastructure, facilities, and properties.

    The Base Unit Area Value (BUAV), also known as a yearly value per square foot, has been assigned to each category, with category A having the greatest BUAV and category G having the lowest.

    To lessen the tax burden on the economically underprivileged classes, all slum areas in the city, regardless of location, are classified as “G” zones. Like this, regardless of location, all Refugee Rehabilitation camps and government programmes for the economically underprivileged segment are categorised as “E.”

    In Kolkata, the system serves about 6 lakh property taxpayers. The UAA calculation approach is anticipated to bring about tax system parity, resulting in consistent taxation of all properties within the block.

    How Can One Produce a Tax Receipt?

    Tax receipts or challans must always be collected while paying Kolkata corporation property taxes, regardless of the method. If you choose to print your challan online, you can retrieve it from the official website and do it again if necessary. After making the payment offline, you can pick up the receipt at the appropriate centres. You can access your KMC property tax online payment receipt by visiting the Kolkata Municipal Corporation portal. 

    What does the PD Bill Mean to the KMC Property Tax Bill?

    Based on the most recently determined valuation of the property, periodic demand bills are sent yearly. If you choose “current PD” after selecting the property tax button on the homepage, you will be directed to https://www.kmcgov.in/KMCPortal/KMCPortalPDPaymentAction.do. It is necessary to enter the assessee’s number and contact information. Search for the list of outstanding current PD bills using the email address you entered, and then click Pay to proceed with the payment for e payment of KMC property tax. Remember that you may only take advantage of the additional 5% rebate on the previous three quarters if you pay for all four quarters at once and within the first quarter’s rebate period.

    F/S Bill in the KMC Property Tax Bill: What Does it Mean?

    Following a hearing, new or supplemental bills are released to reflect any changes made to previously published bills. After a property’s initial evaluation, new bills are also generated. If you choose “fresh supplementary” after selecting the property tax button on the homepage, you will be directed to https://www.kmcgov.in/KMCPortal/KMCPortalFSPaymentAction.  proceed to pay by entering the assessee No., Contact No., and email if applicable.

    What does LOI Mean on the KMC Property Tax Bill?

    The following tax bills may be included in the letter of notification, which is delivered concerning unpaid tax bills:

    ● All unpaid new and additional bills are subject to penalties.

    ● Periodic demand invoices that were not paid were issued before the current fiscal year.

    ● If you choose “outstanding (LOI)” after selecting the property tax button on the homepage, you will be directed to https://www.kmcgov.in/KMCPortal/jsp/KMCAssessmentLoiPayment.jsp. Enter the assessee number to search for all outstanding bills and overdue property taxes (LOI).

    ● You must log in with your login information to access the suspense and UAA online submissions. If you don’t already have one, sign up first before visiting the KMC website to learn more.

    KMC Property Tax Waiver Scheme Programme

    After a protracted Coronavirus lockdown period, the KMC finally announced a tax waiver programme in October 2020 to compensate for the lost property tax revenue. Only taxpayers who received their KMC property tax bill for the 2019–20 fiscal year by March 31, 2020, are eligible for the tax relief programme. The plan states that if taxpayers pay their debts in full by February 28, 2021, interest and penalties that would otherwise be applied to the debt will be 100% waived. A taxpayer will receive a 60% interest and 99% penalty remission if they settle their debt in full between March and May 2021. To be eligible for the programme, the applicant must submit their application before January 31, 2020. Applications will be accepted online, at the KMC’s headquarters, and at all its tax collection locations. A taxpayer will receive the updated bill as soon as they submit their application.

    KMC Property Tax Rate 2024

    The Annual tax on property varies with the Annual valuation of the same. The following table shows the calculation of Annual Tax calculation according to the Annual Valuation of property.

    SI NO.Annual Valuation (Rs) (AV)Annual TaxRebate if Tax is deposited on Time
    AV less than 6000.11*AV0.05*Quarterly Tax
    AV greater than 600 but less than 18000(AV/600 + 10)*1/100 *AV0.05*Quarterly Tax
    AV greater than 18,0000.4*AV0.05*Quarterly Tax

    Note: Commercial Surcharge not exceeding 50% of tax is levied for non-residential property.

    a) If the Annual Valuation as fixed above, does not exceed Rs.600/-, then the rate of tax is 11% of the Annual Value. That is if A.V. is Rs,500/- then the property tax per year is Rs.55/- plus Howrah bridge tax @ 0.5% of the quarterly tax is allowed if deposited in time. To get the quarterly gross amount of tax this should be divided by 4 and rounded off to the nearest rupee. Net tax after rebate will also be rounded off to the nearest rupee.

    b) If the Annual Valuation as fixed above, exceeds Rs.600/- but does not exceed Rs.18000/-, then the tax rate is the percentage of the A.V. worked out by dividing the A.V. of the premises by 600 and adding 10 to the quotient, the sum thus worked out being rounded off to the nearest first place of decimal. That is if the A.V. of premises is Rs.1300/-; then the rate will be 1300/600=2.16%. Hence property tax percentage is 2.16+10=12.2% (rounded off). So gross tax of such property per year will be Rs.158.60/- plus Howrah bridge tax @ 0.5%. of AV. To get the quarterly gross amount of tax this should be divided by 4 and rounded off to the nearest rupee. A further rebate of 5% of the quarterly tax is allowed if deposited in time. Net tax after rebate will also be rounded off to the nearest rupee.

    c) If the Annual Valuation as fixed above exceeds Rs.18000/-, then the rate of tax is 40% of the Annual Value. That is if A.V. is Rs20000/- then the property tax per year is Rs.8000/- plus Howrah Bridge tax @ 0.5% of A.V. and a further rebate of 5% of the quarterly tax is allowed if deposited in time.

    d) In the case of general flats/ appropriate units tax rate percentage should be calculated on a cumulative Annual Value of all the flats within that premises and should be applied to individual Annual Value for respective flats to get the amount of gross property tax.

    e) For Bustee and some statutory organisations the rate of tax is different. For Bustee the maximum tax rate is 18% and the minimum tax rate is 15% on Annual Value.

    f) For commercial/non-residential property, normally a surcharge at not exceeding 50% of tax is applicable to such property or a portion of such property under non-residential use and is levied additionally.

    g) No tax is payable if AV does not exceed Rs.300 (three hundred).

    Program for KMC Property Tax Exemption

    The KMC launched a tax waiver programme in October 2020 to make up for the lost property tax income. However, this only applies to people who received their KMC property tax bill for the 2019–20 fiscal year by March 31, 2020. A taxpayer can have all interest and penalties cancelled if they pay their bills in full by February 28, 2021. If someone made a payment between March and May 2021, 60% and 100% of the penalty were waived, respectively.

    How to calculate KMC Property Tax?

    The Unit Area Assessment technique is used to determine the KMC property tax in a scientifically sound manner. The KMC property tax calculation follows a predetermined formula. The equation reads as follows:

    Base Value X Age Factor X Built-up Area X Building Type X Floor Factor X Category of Use = KMC Property Tax.

    The following table is used to determine the base unit area for the KMC property tax.

    Block category Base unit area value 
    A74
    B56
    C42
    D32
    E24
    F18
    G13

    KMC Helpline Contact Details and Addresses

    The KMC can be reached at The Municipal Corporation of Kolkata.

    S. N. Banerjee Road 5, India, Kolkata 700 013

    Ph: +91 33 2286-1000

    Telephone Free: 18003453375

    On working days, between 10 AM and 6 PM, and on Saturdays, between 10 AM and 5 PM, the following contact number may be used to lodge complaints and inquiries: 033-2286 1305.

    How to Download an NOC from the KMC website

    An NOC (No Objection Certificate) from KMC (Kolkata Municipal Corporation) is required for various purposes. When selling a property, an NOC demonstrates that you have paid all property taxes and have no outstanding dues. 

    Lenders may request an NOC to verify your financial standing and ensure no debts to the KMC. Government job applications may require an NOC to indicate a clean property tax record. Additionally, passport and visa applications may necessitate an NOC to prove compliance with property tax payments. Obtaining an NOC involves a simple application process, providing necessary personal and property information, along with a small fee. The issued NOC remains valid for one year.

    1. Go to the Kolkata Municipal Corporation website: https://www.kmcgov.in/ 
    1. On the left-hand panel, select “Assessment Collection” under the “Online Services” tab.
    1. On the redirected window, click on the “No Outstanding Certificate (NOC)” option.
    1. Enter the following details:
      • Assessee number
      • Property address
      • Contact details
    1. Click on the “Submit” button.
    2. A NOC will be generated and displayed on the screen.
    1. You can download the NOC by clicking on the “Download” button.

    Here are some additional tips:

    • You can also write the NOC manually. The format of the NOC is as follows:
      • No Objection Certificate
      • This is to certify that there are no outstanding dues on the property bearing assessee number [assessee number] and located at [property address].
      • This certificate is issued on [date] by [name of officer] of the Kolkata Municipal Corporation.
      • [Signature of officer] [Designation of officer]
    • You can submit the NOC to the KMC office along with other required documents.
    • The NOC is valid for one year.

    Property Tax in KMC: The Latest Updates

    The Kolkata Municipal Corporation (KMC) is taking measures to expedite pending assessments and mutation of new units in the city by setting up camps in high-rise societies and housing complexes. However, the 100% interest waiver plan for property taxpayers has expired, prompting the KMC to consider launching another interest waiver program with a 60% interest and penalty savings. 

    The KMC has collected Rs 90 crores from property tax defaulters and is sending reminder letters to principal defaulters to settle their debts. Additionally, the KMC aims to simplify the taxation system by allowing residents of added areas to pay property-related taxes to a single authority, thereby eliminating the hassle of paying taxes to two different entities.

    While paying the KMC property tax may be fraught with challenges such as, such as locating the correct assessee number and navigating through various payment options, NoBroker offers a solution to these concerns. 

    Unpaid Property Tax: There are sections to view and potentially print current year or outstanding bills (PD, FS & LOI) for property tax [kolkata municipal corporation property tax ON kmcgov.in].

    Legal Services Offered by NoBroker

    NoBroker provides comprehensive legal assistance tailored to property transactions. Here’s an overview of our services:

    • Document Scrutiny: Our legal team examines essential documents like title deeds and sale agreements to identify potential issues before finalising the property deal.
    • Protection Measures: We help safeguard you from fraudulent practices by checking for any existing legal disputes on the property and verifying ownership.
    • Packages: NoBroker offers various legal service packages. These can include:
      • Buyer Assistance: We provide guidance and support throughout the buying process.
      • Registration: We handle property registration, saving you time and hassle.
    • On-Demand Services: If you don’t need a full package, we offer specific services like property title checks, guidance on market value, assistance with missing documents, and verification of occupancy certificates.
    • Free Consultation: NoBroker offers a free consultation to discuss your needs and provide initial legal advice related to property.
    • NoBroker Pay: By using NoBroker Pay, you can ensure a secure and convenient way to make your KMC property tax payments. Additionally, you can track all your payments conveniently in one place.

    How to Book NoBroker Legal Services

    Here are the simple steps to secure our services for a smooth and hassle-free service:

    1. Download/ Visit the NoBroker app.
    2. Visit the NoBroker Legal Services page.
    3. Explore the different service packages offered. We cover tasks like drafting agreements, property verification, and legal consultations.
    4. Once you decide on a service, fill in the necessary details and complete the form. 
    5. Then you’ll be contacted by our NoBroker experts for further details. This contact might be through a phone number or a chat window. Also, you can book a free consultation call for further enquiries. 
    6. NoBroker’s legal services page also highlights their online rental agreements. These agreements can be directly purchased and customised on the NoBroker website.

    Why Choose NoBroker Legal Services

    Here are some of the key reasons why you should choose NoBroker legal services:

    • Convenience: NoBroker emphasises the ease of their service. You can get legal tasks completed from the comfort of your home without physically visiting a lawyer’s office.
    • Affordability: We claim to offer competitive pricing on their legal services compared to traditional lawyers.
    • Experienced Lawyers: NoBroker has experienced lawyers (minimum 15 years of practice) qualified by the Bar Council.
    • Streamlined Process: We aim to simplify the legal process by offering pre-defined packages and handling communication with the lawyer on your behalf.
    • Technology-Driven: NoBroker leverages technology for tasks like document management, to improve efficiency.

    Simplify Your Property Legalities with NoBroker’s Expert Assistance

    With their expertise in property tax management, NoBroker provides a streamlined and hassle-free experience. For professional assistance with all your property tax needs, visit NoBroker Legal Services today and ensure a smooth tax payment process. Still need help with KMC property tax? Choose NoBroker Pay. By using this, you can be assured of a secure and convenient way to make your KMC property tax payment. Also, track all your payments conveniently in one place. Our secure and convenient platform simplifies the stamp duty process. Download the app today!

    Frequently Asked Questions

    Q: Does Kolkata Municipal Corporation (KMC) allow self-assessment of property tax?

    Ans: Unfortunately, KMC does not currently have a system for self-assessment of property tax. The annual value of your property, which determines your tax amount, is assessed by KMC itself.

    Q: Can I pay Kolkata property taxes online?

    Ans: Yes, you may do that at https://www.kmcgov.in/kmc-property-tax.

    Q: Can I get a duplicate tax bill for my property?

    Ans: After entering your User ID on the KMC website, you can examine the outstanding property tax.

    Q: What happens in Kolkata if property tax is not paid?

    Ans: Failure to pay taxes on time will result in penalties for property taxpayers. Along with additional repercussions, a one-time correction of up to 15% of the tax amount will be assessed.

    Q: What does property tax unit area assessment mean?

    Ans: The unit area assessment (UAA) system is a method for calculating property taxes. It tries to standardise the property tax system based on location, area, use, property age, type of occupancy, and structure.

    Q: How can I get a duplicate tax bill for my property?

    Ans: After entering your User ID on the KMC website, you can examine the pending property tax there.

    Q: Where can I find a tax receipt?

    Ans: Regardless of the method used to pay the Kolkata corporate property tax, challans or tax receipts are required. The challan is available for download and reprint on the official website. You can get a tax receipt after paying the fees at the appropriate place.

    NRIs Buying Luxury Property in India: Trends and Insights for 2024

    NRIs Buying Luxury Property in India: Trends and Insights for 2024

    NRIs buying luxury property in India are tapping into a dynamic and lucrative market. As India’s real estate sector continues to thrive, it presents numerous opportunities for NRIs seeking to invest in high-end properties. The allure of owning a high-end property in India, whether as a secure investment, a holiday home, or a future retirement abode, is compelling. This guide will explore essential tips, legal nuances, and prime locations to help NRIs make informed investment decisions.

    NRI Investment Plans

    NRI investment plans are financial products designed specifically for Non-Resident Indians (NRIs) to invest their money in India. These plans cater to NRIs’ needs and financial goals, considering their residential status and tax implications.

    Importance of NRI Investments in the Indian Market

    NRI investments play a significant role in the Indian economy by:

    • Boosting foreign exchange reserves: Foreign currency inflows from NRIs help stabilise the rupee and finance India’s development projects.
    • Mobilising domestic savings: NRIs invest their savings in India, contributing to overall capital formation for businesses.
    • Deepening the capital market: NRI investments increase liquidity in the stock market and mutual funds, promoting market growth.

    Significance of Real Estate Investments for NRIs

    Investing in Indian real estate holds particular significance for NRIs for several reasons:

    • Currency Advantage: A depreciating rupee against major currencies like the US dollar allows NRIs to potentially acquire property at a more favourable price.
    • Steady Rental Income: India’s growing population and urbanisation create a consistent demand for rental properties, offering NRIs a chance to earn a regular income stream.
    • Capital Appreciation: The Indian real estate market has historically shown long-term growth, allowing NRIs to potentially benefit from the increase in property value over time.
    • Emotional Connection: For many NRIs, owning a property in India represents a connection to their homeland and can serve as a future retirement home or inheritance for the family.

    Benefits of Investing in Indian Real Estate

    There are several advantages to consider when NRIs invest in Indian real estate:

    • Tangible Asset: Real estate is a physical asset with a strong track record of holding value over time, offering some security against inflation.
    • Diversification: Adding real estate to your investment portfolio helps diversify your holdings and potentially reduces overall risk.
    • Tax Benefits: Rental income from property can be offset by certain expenses, and NRIs may be eligible for tax deductions under specific circumstances.

    Legal Aspects and Regulations for NRIs Buying Property in India

    NRIs investing in Indian real estate need to be aware of the legal framework:

    • Repatriation of Funds: NRIs have regulations regarding the repatriation of sale proceeds and rental income after taxes.
    • Property Types: NRIs can invest in most residential and commercial properties, but agricultural land is generally restricted.
    • Taxation: Rental income from property is taxable in India, and NRIs may face withholding tax on sale proceeds.
    • Other Options: NRIs can invest directly or through joint ownership with resident Indians (following specific rules).

    Process and Guidelines for NRIs Purchasing Property in India

    The process for NRIs purchasing property in India involves following these steps:

    1. Choose the Property: Research and identify the type and location of property that suits your needs and budget.
    2. Open an NRI Account: Maintain funds for the transaction in a Non-Resident External (NRE) or Non-Resident Ordinary (NRO) account as per RBI regulations.
    3. Appoint a Representative (Optional): If you can’t be present during the transaction, consider appointing a trusted resident Indian as a power of attorney.
    4. Negotiate and Finalise Sale Agreement: Finalise the terms of purchase with the seller and have a lawyer review the agreement.
    5. Obtain Tax Clearance Certificate (TCC): Acquire a TCC from the tax authorities if required for the specific property.
    6. Registration and Payment: Register the property with local authorities and make the final payment through authorised banking channels.

    Types of Properties Suitable for NRIs

    NRIs have a good range of property options to consider for investment:

    • Apartments in Major Cities: High rental demand and potential for capital appreciation in metro areas like Bangalore, Mumbai, and Delhi.
    • Villas/Plots in Developing Areas: Potential for long-term capital growth in suburbs or developing areas with upcoming infrastructure projects.
    • Commercial Properties: Office spaces or retail spaces in prime business districts can generate stable rental income.

    Factors to Consider When Buying Property in India as an NRI

    Here are the factors to consider when buying luxury property in India for NRIs:

    • Location: Research the area’s infrastructure, connectivity, rental market trends, and future development plans.
    • Property Type: Consider factors like apartment size, amenities, potential tenant profile for rentals, and resale value for future sale.
    • Reputation of Developer: Choose a reputable builder with a proven track record of quality construction and timely delivery.
    • Legality and Documentation: Ensure clear titles, permits, and proper legal documentation to avoid future complications.
    • Tax Implications: Understand the tax liabilities associated with property ownership, rental income, and potential capital gains tax on sale.

    Investment Opportunities in Indian Real Estate for NRIs

    Investment in Indian real estate is a common interest among NRIs, driven by the potential for long-term returns and a desire to maintain ties with their homeland. The Indian real estate market offers NRIs chances to grow wealth, earn rental income, and stay connected with their homeland.  Below is a summary of available investment options:

    Types of Properties:

    • Residential: Apartments, villas, or plots in developed areas or developing areas with growth potential.
    • Commercial: Office spaces, and retail spaces in prime business districts for rental income.

    Strategic Approaches:

    • Direct Ownership: Purchase a property directly in your name.
    • Joint Ownership: Invest with a resident Indian following specific regulations.exclamation

    Styles:

    • Rental Income: Focus on properties with high rental demand in major cities or tourist destinations.
    • Capital Appreciation: Invest in developing areas with upcoming infrastructure projects for long-term value growth.

    Vehicles:

    • Direct Purchase: Acquire a property directly through a registered NRI account.
    • REITs (Real Estate Investment Trusts): Invest in a portfolio of commercial properties managed by professionals and receive regular dividends.

    Comparison of Different Investment Avenues

    FeatureResidentialCommercialLuxury
    Target MarketTenants looking for a homeBusinesses looking for office/retail spaceHigh-net-worth individuals seeking a premium property
    Rental IncomeGenerally steady and reliableCan be higher than residential, but with potential vacanciesHighly variable depending on location and property
    Capital AppreciationCan be good, but may depend on location and overall market trendsPotential for strong growth, especially in prime business districtsHigh potential for appreciation, but market fluctuations can be amplified
    LiquidityEasier to sell than commercial or luxury propertiesLess liquid than residential, may take longer to find a buyerLeast liquid; selling may require a niche market and specific buyer
    ManagementMay require less management if you hire a property management companyRequires active management to find tenants and maintain the propertyMay require specialised property management due to the unique nature of the property
    Investment CostGenerally lower than commercial or luxury propertiesHigher investment is required compared to residentialHighest investment required
    RiskRelatively low risk, especially in established areasModerate risk; vacancy rates and economic downturns can impact incomeHigh risk; market fluctuations and specific buyer pool can affect value

    Potential Returns and Risks of Real Estate Investments in India for NRIs

    Potential Returns:

    • Rental Income: Indian real estate offers a consistent rental market, especially in major cities and tourist destinations. NRIs can earn a steady income stream by renting out their property.
    • Capital Appreciation: The Indian real estate market has historically shown long-term growth. NRIs can potentially benefit from an increase in property value over time.
    • Currency Advantage: A depreciating rupee against major currencies allows NRIs to acquire property at a more favourable price, potentially amplifying returns.

    Estimated Returns:

    • Rental Yields: Average rental yields in major Indian cities can range from 2-5% annually.
    • Capital Appreciation: Historical data suggests an average appreciation of 7-10% over the past decade, but future performance can vary.

    Mitigating Risks:

    • Invest for Long-Term: A long-term investment horizon helps weather market fluctuations.
    • Choose the Right Location: Research areas with high rental demand and growth potential.
    • Diversify Your Portfolio: Invest in different property types or locations to spread risk.
    • Work with Professionals: Consult financial advisors, real estate agents, and legal/tax advisors for guidance.

    Strategies for Successful Property Investment in India

    Here are some strategies for successful property investment in India, applicable to both residents and NRIs:

    Before you invest:

    • Define your goals: Are you looking for steady rental income, capital appreciation, or a combination of both? This factor will impact your selection of property.
    • Do your market research: Analyse market trends, identify high-growth areas with good infrastructure, and research rental yields in different locations.
    • Set a realistic budget: Factor in the purchase price, potential renovation costs, ongoing maintenance, taxes, and potential vacancy periods.
    • Understand the legal and regulatory framework: Familiarise yourself with registration procedures, tax implications (including capital gains tax and rental income tax), and repatriation rules for NRIs.

    During the investment process:

    • Seek professional guidance: Consult a financial advisor for personalised investment strategies and a real estate agent specialising in your target area for property recommendations.
    • Consider your risk tolerance: Choose properties in established areas with lower risk for steady returns, or explore developing areas with higher potential rewards (and higher risk) for capital appreciation.
    • Negotiate effectively: Don’t be afraid to negotiate the purchase price and terms of the sale agreement.
    • Conduct due diligence: Ensure clear titles, proper permits, and a structural inspection of the property before finalising the purchase.

    Following the purchase:

    • Maintain your property: Regular maintenance helps preserve the value of your investment and attract good tenants.
    • Manage your tenants effectively: Screen tenants carefully, set clear rental agreements, and manage any maintenance issues promptly.
    • Stay informed about the market: Keep yourself updated on market trends and potential changes in regulations that might impact your investment.
    • Consider diversification: If you have a larger investment portfolio, consider diversifying your holdings across different property types and locations to mitigate risk.
    • Have a long-term perspective: Real estate is a long-term investment. Don’t expect quick returns, especially during market downturns.

    Diversification Strategies for NRI Real Estate Portfolios

    NRIs seeking a robust real estate portfolio in India should consider diversification to manage risk and achieve their investment goals. Here are some strategies:

    Property Type:

    • Residential: Offers steady rental income and potential for capital appreciation, especially in major cities or tourist destinations.
    • Commercial: Investing in office spaces or retail spaces in busy areas can give higher rental income. But, during economic downturns, they might be empty more often.
    • Land: Buying land in developing areas with new projects can grow in value over time. But, you might need to keep it for a while, and it’s not easy to sell quickly.

    Location:

    • Tier 1 Cities: Established metros like Mumbai, Delhi, and Bangalore offer lower risk with steady rental income and potential for capital appreciation, but property prices may be higher.
    • Tier 2 & 3 Cities: Emerging cities with good infrastructure development plans can provide higher capital appreciation potential but may have lower initial rental yields.
    • Tourist Destinations: Properties in popular tourist locations can offer good seasonal rental income but may have higher vacancy periods during off-seasons.

    Investment Strategy:

    • Rental Income: Focus on properties with high rental demand and good tenant profiles. Consider smaller apartments in prime locations or studio apartments catering to young professionals.
    • Capital Appreciation: Invest in developing areas with upcoming infrastructure projects or in properties that require renovation to unlock their full value.

    Long-Term vs. Short-Term Investment Considerations

    Long-Term (5+ years):

    • Focus on capital appreciation and stable rental income.
    • Invest in a mix of property types and locations for diversification.
    • Consider developing areas with high growth potential.
    • Be prepared to hold the property for a longer period to ride out market fluctuations.

    Short-Term (2-5 years):

    • Focus on rental income and liquidity.
    • Invest in established areas with high rental demand.
    • Be aware of potential capital gains tax implications for selling within a short period.

    Advantages of Online Platforms for NRI Real Estate Investments

    Online platforms offer a multitude of advantages for NRIs considering real estate investments in India, making the process more convenient, efficient, and potentially more successful. Here are the main advantages:

    Convenience and Accessibility:

    • Browse properties remotely: Search for properties across various locations in India from anywhere in the world, 24/7.
    • Detailed listings and virtual tours: Access comprehensive property details, high-quality photos, and even virtual tours, allowing you to virtually inspect properties without needing to be physically present.
    • Streamlined communication: Connect directly with sellers, real estate agents, or property managers through the platform’s messaging system.

    Improved Decision-Making:

    • Market transparency: Access a wider range of property options and compare prices, features, and locations to make informed decisions.
    • Data-driven insights: Some platforms offer market analysis tools and reports to help you understand current trends and potential future growth in different areas.
    • Investment filtering: Utilise filters based on budget, location, property type, and desired features to narrow down your search and find properties that best suit your investment goals.

    Enhanced Security and Trustworthiness:

    • Verified listings: Many platforms have verification processes to ensure the legitimacy of listings and reduce the risk of fraudulent activity.
    • Secure transactions: Some platforms offer secure payment gateways to facilitate deposits or transactions online.
    • Reviews and ratings: Access reviews and ratings from other users about properties, agents, or developers to gain valuable insights and make informed choices.

    Popular Online Portals for Property Investment in India

    Investing in property in India has become more accessible and convenient thanks to the numerous online portals dedicated to real estate. You can search for properties based on various filters like location, budget, and property type. Here are some of the most popular online platforms for property investment in India: 

    1. NoBroker

    Unique for its no-brokerage model, NoBroker connects property owners directly with buyers and tenants. 

    • Features: Verified properties, personalised assistance, and hassle-free transactions.

    2. 99acres

    A comprehensive real estate platform, 99acres provides extensive listings for buying, selling, and renting properties across India.

    • Features: Interactive maps, property alerts, builder profiles, and user reviews.

    3. Housing.com

    Known for its user-friendly interface and innovative features, Housing.com caters to a broad spectrum of real estate needs.

    • Features: Verified listings, 3D views, locality insights, and smart search options.

    4. CommonFloor

    CommonFloor offers a vast database of properties, emphasising community living and property management services.

    • Features: Detailed property listings, community forums, and project reviews.

    5. MagicBricks

    One of the leading real estate portals in India, MagicBricks offers a wide range of property listings including residential, commercial, and rental properties.

    • Features: Advanced search filters, detailed property information, virtual tours, and market insights.

    6. Proptiger

    A real estate advisory portal, Proptiger provides in-depth analysis and personalised services for property seekers. 

    • Features: Expert advice, property comparison, and end-to-end transaction support.

    7. Square Yards

    A technology-enabled real estate platform, Square Yards offers a global reach with a strong focus on the Indian market.

    • Features: Virtual property tours, investment advisory, and NRI services.

    Tips for Safe and Secure Online Property Transactions

    When conducting property transactions online, be cautious and follow these safety measures:

    Deal with Reputable Platforms: 

    Conduct your research to choose a well-established online real estate portal with a positive reputation and user reviews.

    Verify Listings: 

    Don’t rely solely on photos and descriptions. Try to verify the property’s details through independent sources or by scheduling a virtual tour.

    Beware of Unsolicited Contacts: 

    If you receive unsolicited calls or messages pressuring you into a transaction, be wary. It could be a scam.

    Never Share Financial Information Online: 

    Legitimate platforms won’t ask for your financial information upfront. Only share such details directly with the seller or their representative during the final stages of the transaction after verification.

    Use Secure Payment Gateways: 

    If the platform offers an escrow service or secure payment gateway, utilise it for transactions. Avoid personal money transfers or unsecured methods.

    Consult With Professionals: 

    Before finalising any deal, consult with a lawyer and financial advisor specialising in NRI property investments. They can guide you through the legal and financial aspects of the transaction and ensure everything is in order.

    NRI Services Offered by NoBroker 

    NoBroker offers a range of services specifically tailored for NRI homeowners. These services include:

    • Rental Agreement with Doorstep Delivery: Get a rental agreement delivered to your door quickly and easily!
    • Exclusive Deals and Discounts: Find the best deals and get incredible discounts directly from builders!
    • Rent, Buy, or Sell: NoBroker provides comprehensive assistance for renting, buying, or selling properties. 
    • End-to-End Property Management: NoBroker helps NRI homeowners find reliable tenants and manages all aspects of tenant management. This includes assigning a dedicated relationship manager, providing weekly summaries of tenant searches, ensuring timely rent collection, and handling property maintenance.
    • Home Loan Assistance: NoBroker assists NRIs in obtaining home loans at low interest rates with fast disbursal and up to 100% funding.
    • Legal Assistance: NoBroker offers legal assistance to NRIs, guiding them through documentation processes such as creating sale agreements, rental agreements, and more. They also provide tax filing assistance.
    • Home Maintenance: NoBroker collaborates with trained and experienced service partners to offer NRI homeowners free home inspections, painting, cleaning services, and more!

    How to Book NoBroker NRI Services

    NRI buying property in India is a growing trend fuelled by economic opportunities and the desire to establish roots in their home country. Here are two main ways to book NoBroker NRI services:

    1. Via the NoBroker NRI Services Webpage: 

    Head over to the NoBroker website and navigate to the NRI services section. You can find information on the specific services offered and likely initiate the booking process directly from there.

    1. Contact NoBroker Customer Care: 

    Call NoBroker customer care at +91-9242500000. Their representatives can help you understand the services, answer any questions you might have, and guide you through the booking process.

    Why Choose NoBroker NRI Services

    There are several reasons why you might choose NoBroker NRI services:

    Convenience and Peace of Mind: 

    As an NRI, managing property in India can be hard because of distance and time differences. NoBroker takes care of everything from finding tenants to collecting rent and maintaining the property. This lets you focus on other things without the hassle.

    Verified Tenants and Background Checks: 

    NoBroker conducts background checks on potential tenants to help ensure you find reliable and responsible occupants for your property.

    Dedicated Relationship Manager: 

    You’ll have one person, your relationship manager, to talk to about your property. They’ll handle all communication, answer your questions, and keep you updated on what’s happening.

    Transparency and Online Access: 

    NoBroker emphasises transparency. You’ll have online access to track the progress of tenant searches, rent collection, and any maintenance work done on your property.

    Additional Services: 

    NoBroker offers a variety of additional services that can be helpful for NRIs, including assistance with home loan applications, legal documents, and property tax filing.

    NoBroker: Simplifying Luxury Property Purchases in India for NRIs

    NRI buying luxury property in India has seen a significant rise due to favourable investment opportunities and the desire to maintain a connection with their homeland. This trend is driven by attractive real estate options, economic growth, and the prestige associated with owning luxury properties in prime locations across India.

    Finding your dream luxury property in India from abroad can be a challenge. NoBroker’s NRI property services can help you navigate the process seamlessly. We offer a comprehensive suite of services to ensure a smooth and secure buying experience. Our experts shortlist properties that meet your specific requirements and budget. Invest in your dream home in India with peace of mind. Contact NoBroker today!

    Frequently Asked Questions

    Q: What are the benefits of real estate investing in India for NRIs?

    Ans: Potential benefits include strong rental yields, capital appreciation, portfolio diversification, and a connection to your homeland.

    Q: Are there any restrictions on NRIs buying property in India?

    Ans: NRIs can buy most types of property, but agricultural land, farmhouses, and plantations are restricted.

    Q: Can NRIs invest in real estate online from abroad?

    Ans: Yes! Platforms like NoBroker allow you to browse listings, shortlist properties, and even take virtual tours remotely.

    Q: What are the advantages of online real estate investing for NRIs?

    Ans: It saves time and travel costs, allows for a wider search area, and offers flexibility in scheduling property viewings.

    Q: How can NoBroker help NRIs with real estate investment opportunities?

    Ans: NoBroker offers curated property searches, expert guidance on the Indian market, assistance with documentation and negotiations, and even home loan facilitation.

    Property Tax Chennai Online Payment 2024

    Property Tax Chennai Online Payment 2024

    As citizens of India, we must pay taxes. Property tax is an essential aspect of India’s taxation system, serving as a vital source of revenue for local governing bodies. This guide will provide you with a comprehensive overview of Property Tax Chennai, including its calculation methods, online payment procedures, and crucial resources. It is a mandatory levy imposed on individuals or entities who own immovable properties within the jurisdiction of a particular municipality or panchayat.

    Chennai, the capital city of the southern Indian state of Tamil Nadu, follows a comprehensive property tax system. The Chennai Municipal Corporation, also known as the Greater Chennai Corporation, is responsible for assessing and collecting property tax within its jurisdiction. 

    While many individuals rely on financial advisors and accountants for tax calculation, it is possible to understand and calculate Chennai Corporation property tax with some basic knowledge. 

    This blog will guide you through the process of determining their property tax obligations. By gaining this knowledge, residents can navigate the tax calculation process with confidence.

    Official linkhttps://www.tn.gov.in/service/dept/43255/2371
    Due-Date31 September and 31 March of each financial year. 

    Chennai Property Tax An Overview

    What is The Chennai Property Tax
    what does property tax mean?

    In Chennai, residents have the convenience of paying their property taxes, locally known as ‘south vari,’ online. However, offline payment options are also available for those who prefer it. The Chennai City Municipal Corporation (CCMC) Act stipulates that the value of buildings should include the price of the location and its surrounding premises.

    To calculate the annual value of lands and buildings, the gross yearly rent generated per month or year is considered. This information helps determine the Assessed Value (AV) of a property, which is set at 10% of the annual rent for the specific building and its surrounding area.

    The property tax rate in Chennai varies depending on the type of property. Understanding the definitions of residential and non-residential properties is crucial before calculating the payment amount. Residential properties encompass individually owned houses and apartments that are not rented out for commercial purposes. Non-residential properties, on the other hand, include shopping malls, IT parks, office buildings, and other commercial establishments.

    Exemption 

    Properties owned by the Central Government and buildings occupied by foreign missions are exempted from paying the Chennai property Tax.

    Concessions:

    • 20% rebate on monthly RLV in case of semi-permanent buildings.
    • 25% rebate on monthly RLV for non-rented residential buildings and 10% rebate in case of the owner-occupied commercial portion of the building.
    • A minimal percentage of (1%) depreciation is also provided every year for buildings more than four years old (subject to a maximum rebate of 25%).

    Property Tax Chennai Rate 2024

    Property Tax Chennai Rate
    At what rate the property tax is calculated in Chennai

    Chennai Corporation tax rate is varied based on the property type. For example, the Property Tax rate of residential properties ranges from Rs 0.60 per square ft to Rs 2.40 per square ft. On the other hand, property tax per square foot for non-residential projects, including those leased to businesses, costs between Rs 4 per square ft and Rs 12 per square ft.

    Property Tax Chennai Zone Details 2024

    • Zone System: The Greater Chennai Corporation (GCC) is divided into 15 zones for administrative purposes.
    • Tax Rates: Property tax rates in Chennai are based on the property’s type (residential or non-residential) and its size (plinth area). Residential property tax rates typically range from ₹0.60 to ₹2.40 per square foot, while non-residential rates range from ₹4 to ₹12 per square foot.
    ZoneDivision
    Zone 1Thiruvottiyur
    Zone 2Manali
    Zone 3Madhavaram
    Zone 4Tondiarpet
    Zone 5Royapuram
    Zone 6Thiru-Vi-Ka Nagar
    Zone 7Ambattur
    Zone 8Anna Nagar
    Zone 9Teynampet
    Zone 10Kodambakkam
    Zone 11Valasaravakkam
    Zone 12Alandur
    Zone 13Adyar
    Zone 14Perungudi
    Zone 15Sholinganallur

    How to Pay Property Tax Online in Chennai?

    How to Pay Property Tax Online in Chennai
    Pay your property tax online

    To make the payment process convenient and efficient, the Chennai Municipal Corporation has introduced online payment options. The post-pandemic world has seen a lot of digitisation efforts and as such, it has now become much more convenient for citizens to make their property tax online payment in Chennai. While searching for your Chennai property tax information, unfortunately, the Greater Chennai Corporation website doesn’t currently offer a search by name.

    This guide will outline the steps involved in paying property tax online in Chennai, providing property owners with a hassle-free method to fulfill their tax obligations

    1. Navigate to the official website of Greater Chennai Corporation.
    1. Scroll down and click on the Online Payments Tab.
    property tax online greater chennai corporation online payments tab
    1. You will be redirected to a new page, here Click on Property Tax Payment
    property tax online greater chennai corporation property tax payment

    1. Your browser will be redirected to a new page, here click on Property Tax Online Payment.
    property tax online greater chennai corporation paymentpage
    1. Furnish the basic details of your property including zone number, division code, bill number, and sub number. Click on Pay Tax.
    property tax online greater chennai corporation pay tax page
    1. Now, your browser will display tax amount payable. On successful completion of the payment, you will receive a payment receipt for future reference.

    Property Tax Chennai Last Date 2024

    Staying informed about the last date for property tax payments in Chennai is crucial to avoid penalties and ensure compliance. While the specific deadline may vary, it’s typically towards the end of the financial year. The GCC has urged residents to pay property tax for the first half of 2024-25 before April 30 to get an incentive of 5%. The property tax due date in Chennai is September 30 and March 31 every year. 

    Property Tax Chennai Name Change 2024

    If you’ve undergone a name change and need to update your property tax records in Chennai for the year 2024, follow these simple steps:

    1. Obtain Legal Documentation: Get official documents reflecting your new name, such as a marriage certificate or name change affidavit.
    2. Visit the Corporation Office: Visit the nearest Greater Chennai Corporation office in your area.
    3. Submit Required Documents: Present your legal documents to the designated officer and fill out any necessary forms for name change.
    4. Update Property Tax Records: The officer will process your request and update your property tax records with the new name.

    Verify Changes: Double-check your property tax records online or through physical receipts to ensure that the name change has been accurately reflected.

    How to Download  Property Tax Receipts Online in Chennai?

    After you pay your property taxes it is important to keep track of all the records of all your Greater Chennai corporation property tax online payments. But how do you download the receipt online? Here’s how:

    1. Navigate to the official website of Greater Chennai Corporation 
    1. Under the Online Services tab click on Property Tax
    property tax online greater chennai corporation online services
    1. You will be redirected to a new page, here Click on Property Tax Online Payment Receipt
    property tax online greater chennai corporation payment receipt
    1. Furnish the basic details of your property i.e. zone number, division code, bill number, and sub number. Click on Submit.
    property tax online greater chennai corporation submit page
    1. You can see the list of all your past payments as well as a complete list of the receipts. This is also where you can check the Greater Chennai Property Tax status.
    property tax online greater chennai corporation status check 1
    1. You can download a copy of the receipt and save it for future reference.

     How to Pay Property Tax in Chennai Offline?

    How to Pay Property Tax in Chennai Offline
    Assessment of your property tax offline

    While online payment methods are becoming increasingly popular and convenient, some individuals may prefer to pay their property tax offline. Here’s a guide on how to pay property tax in Chennai offline, allowing property owners to fulfil their obligations through traditional means:

    Government tax collectors

    You can pay your property tax in cash or by cheque/DD drawn in favour of The Revenue Officer, Corporation of Chennai at any of the government tax collectors’ offices. The list of government tax collectors’ offices can be found on the Greater Chennai Corporation website.

    Banks under a walk-in payment system

    You can also pay your property tax at any of the following banks under the walk-in payment system:

    1. Indian Overseas Bank
    2. City Union Bank
    3. Karur Vysya Bank
    4. HDFC Bank
    5. IDBI Bank
    6. Canara Bank
    7. Tamil Nādu Mercantile Bank
    8. Kotak Mahindra Bank
    9. Lakshmi Vilas Bank
    10. Yes Bank
    11. IndusIand Bank

    To pay your property tax at a bank, you will need to bring your property tax bill and a valid ID proof. You can pay the tax in cash or by cheque/DD drawn in favour of The Revenue Officer, Corporation of Chennai.

    E-Seva centres

    There are several E-Seva centres (Common Service Centres) in Chennai where you can pay your property tax. The list of E-Seva centres can be found on the Tamil Nadu Arasu Cable Television Corporation website.

    To pay your property tax at an E-Seva centre, you will need to bring your property tax bill and a valid ID proof. You can pay the tax in cash or by credit/debit card.

    Tamil Nadu Arasu Cable Television Corporation (TACTC)

    You can also pay your property tax at any of the TACTV counters located in the Greater Chennai area. To pay your property tax at a TACTV counter, you will need to bring your property tax bill and a valid ID proof. You can pay the tax in cash or by credit/debit card.

    Things to keep in mind when paying your property tax offline:

    1. You will need to have your property tax bill handy.
    2. You will need to provide a valid ID proof.
    3. You can pay the tax in cash or by cheque/DD.
    4. You will receive a receipt for your payment.
    5. The due date for house tax payment in Chennai is September 30 and March 31 every year.
    6. If you pay your property tax after the due date, you will be subject to a penalty.

    After making a successful payment, you will be notified via text message confirming the receipt of your request. Subsequently, the assessor will review your application and assess the newly constructed property. 

    Once the assessment is completed, the assessor will submit your file to the relevant officer, who will further forward it for approval to the Assessment Committee. It is important to note that this proposal is subject to additional verification. Once the assessment is approved by the Greater Chennai Corporation, you will receive an SMS alert informing you of the approval.

     Property Tax Chennai Calculation 2024

    Chennai Property Tax Calculator
    Property tax calculator

    A property tax calculator is a useful tool for estimating the amount of property tax you owe on your home or property. Local governments levy property tax based on the property’s assessed value. However, the actual tax amount depends on various factors such as the property’s value, the tax rate in your area, and any applicable exemptions or deductions.

    To access the Tamil Nadu property tax calculator, simply visit the official portal and provide details like the building type, location, occupancy type, and floor information. However, it’s important to remember that relying solely on this calculator may not provide a complete picture, as mentioned on the website.

    Alternatively, you can calculate the precise Chennai corporation property tax amount by using th e property tax calculation formula provided: 

    Property tax = Annual rental value * Tax rate * (1 – Depreciation)

    Example: Suppose you own a residential property in Chennai with an annual rental value of INR 10,000. The tax rate for residential properties in Chennai is 6.75%. The depreciation for a 10-year-old building is 10%.

    In this case, your property tax liability would be calculated as follows:

    Property tax = INR 10,000 * 6.75% * (1 – 10%) = INR 593.75

    Note: 

    1. The annual rental value is the estimated monthly rental value of your property multiplied by 12.
    2. The tax rate is the percentage of the annual rental value that you are required to pay in property tax.
    3. The depreciation is the amount of value that is deducted from the annual rental value of your property due to wear and tear.

    Fixing the Annual value for land (Lease/Rented)

    Monthly rental value (as per agreement) x 12 = Annual Value

    Since depreciation is not allowed for vacant land: Rent per 2,400 square ft = Rs 8.00 per month.

    Annual value (Rs 8.00 x 12) = Rs 96 per month.

    Therefore, the annual rental value (land being separate): Annual rental value – 10% x (MRV x 12).

    The half-yearly property tax is calculated as a percentage of the annual rental value. See the below-mentioned figures for reference. 

    Annual ValueHalf-year tax (as a percentage of annual value)
    General TaxEducation TaxTotalLib. (less)
    Re 1 to Rs 5003.75%2.50%6.25%0.37%
    Rs 501 to Rs 1,0006.75%2.50%9.25%0.67%
    Rs 1,001 to Rs 5,0007.75%2.50%10.25%0.77%
    Rs 5,001 and above9.00%2.50%11.50%0.90%

    Property Tax Chennai concessions

    • 10% library cess as mandated under the general tax section of the property tax.
    • Except those with terrace roofs, tiled houses get a 20% rebate over the monthly rental value.
    • Individually owned houses get a whopping 25% rebate in the monthly rental value.
    • There is a 10% rebate over monthly rental value for those commercial structures that the owner owns.
    • A depreciation of 1% is given every year for every building over four years old. However, there is a maximum limit of 25%.

    What happens in case of any default?

    If you fail to pay Property Tax on time, there is a 2% penalty for defaulters. This penalty is charged automatically along with the assessed value. A grace period of 15 days is usually given. 

    How to get Property Tax Chennai Receipt 2024?

    On the official website, click on the option ‘Online Payment Receipt.’ In the next step, you will be required to choose the zone number, division code, and bill number. Enter these details, and you will get your property tax receipt online.

    You can find your Chennai Property Tax receipt here.

    You can check the Chennai Corporation Property Tax Status here.

    Property Tax Chennai Status 2024

    Checking your property tax status in Chennai for the year 2024 is crucial for residents to ensure compliance and avoid penalties. Here’s a simple guide on how to verify your property tax status:

    1. Visit the Chennai Corporation Website: Go to the official website of the Greater Chennai Corporation.
    2. Navigate to Property Tax Section: Find the section dedicated to property tax or online services.
    3. Enter Property Details: Input your property identification details, such as the Assessment Number or PID.
    4. Check Status: View your property tax status to see if payments are up-to-date or if there are any outstanding dues.
    5. Take Necessary Action: If there are dues, promptly arrange payment to avoid penalties and maintain compliance with Chennai’s property tax regulations.

    Property Tax Chennai App

    Accessing property tax information and making payments in Chennai has never been easier with the Property Tax Chennai app. Here’s how to use it:

    1. Download the App: Search for “Property Tax Chennai” on your app store and download the official app developed by the Greater Chennai Corporation.
    2. Register/Login: Create an account or log in using your existing credentials to access the app’s features.
    3. View Property Details: Enter your property identification details to view your property tax assessment, dues, and payment history.
    4. Make Payments: Conveniently pay your property tax dues directly through the app using various payment options available.

    Receive Updates: Stay informed about important announcements, deadlines, and notifications related to property tax in Chennai.

    What is Vacancy Remission?

    According to the Chennai City Municipal Corporation (CMCC) Act, 1919, Section 105, if any individually owned building or rented accommodation is vacant for more than 30 days in a half-year period, the Commissioner can remit a small portion of the Property Tax. However, this forgiven amount should not exceed one-half of the part of the tax related to the building. 

    Steps you can take to combat corruption

    Paying online is no doubt more accessible, and there is less chance for any corrupt practices. For example, you can pay Chennai corporation property tax online without the need to communicate with officials. However, suppose you want to pay offline, but government officials are asking for a bribe, you must inform the Directorate of Vigilance and Anti-Corruption at 24615989 / 24615929 / 24615949.

     List of Zones under Greater Chennai Municipal Corporation

    The Greater Chennai Municipal Corporation (GCMC) is the governing body responsible for the administration and development of the city of Chennai, India. The corporation is divided into multiple zones, each with its own distinct geographical area and administrative functions. These zones play a crucial role in managing various civic amenities and services within their respective jurisdictions. Below is a list of zones that fall under the Greater Chennai Municipal.

    NoZoneDivisionAssembly constituency
    1Thiruvottiyur1 – 14Thiruvottiyur
    2Manali15 – 22Thiruvottiyur/Madhavaram/Ponneri
    3Madhavaram23 – 33Madhavaram
    4Tondiarpet34 – 48Perambur/RK Nagar/Royapuram
    5Royapuram49 – 63Royapuram/Harbour/Egmore/Chepauk-Tiruvallikenni
    6Thiru. Vi. Ka. Nagar64 – 78Kolathur/Thiru. Vi. Ka. Nagar/Egmore
    7Ambattur79 – 93Ambattur/Maduravoyal(Part)
    8Anna Nagar94 – 108Villivakkam/Egmore/Anna Nagar
    9Teynampet109 – 126Thousand Lights/Chepauk-Thiruvallikeni/Mylapore
    10Kodambakkam127 – 142Maduravoyal (Part)/Virugambakkam/T.Nagar/Saidapet
    11Valasaravakkam143 – 155Maduravoyal
    12Alandur156 – 167Alandur/Pallavaram/Sholinganallur (Part)
    13Adyar168 – 180Saidapet/Mylapore/Velachery
    14Perungudi181 – 191Velachery (Part)/Alandur (Part)/Sholinganallur
    15Sholinganallur192 – 200Sholinganallur

    Chennai Property Tax Latest News

    A decrease in revenue through property tax in the upcoming financial year is estimated. 

    It is estimated that during the FY 2021-22, the revenue generated by the authorities through property tax, rents, collection of charges, and government allocations, is set to decrease as compared to the previous financial year. This is the first revenue downfall in the last three years. 

    Property tax collected in 2020

    Interestingly, during the COVID-19 pandemic, property tax collection in 2020 was not affected. The Corporation has collected more property tax than the previous year. The Corporation has already collected about 45% of the targeted tax revenue this year, which is Rs 350 crores by March 2021.

    Property tax collected

    2018- 142 crores

    2019 -132 crores

    2020- 152 crores

    The civic body reduces penalties on delayed payments

    Considering the ongoing COVID-19 pandemic, the civic body has decided to relieve the property tax penalties this year. The previous penalty rate over delayed property tax payment was 2%, which is now being slashed down to 0.5% from October 2020 to March 2021.  

    As per the records up to October 2020, 1.3 lakh assessees have already paid their property tax, and 10.9 lakh more are awaited to make the tax payment for October 2020 to March 2021. If you have already paid your taxes, you will be charged an adjusted amount in the next tax cycle.

    Solid Waste Disposal Tax Rolled Back

    Starting 1st January 2021, the local authority was in favour of levying a garbage disposal tax on residents along with the property tax. However, this decision has received mixed responses from taxpayers. Also, in a recent protest outside the municipal office, Pallavaram demanded that the garbage tax in their area be removed. Some others allege that authorities have been coercing suburban residents to pay the garbage tax when revoked in the city.

    When it comes to property tax Chennai is quite serious about it. It is imperative to pay property taxes in Chennai punctually. The tax revenues are beneficial for upliftment and infrastructural development in the city. However, due to our busy lives, most of us don’t have the time to delve into all the details but our experts at NoBroker are ready to help with all the necessary information and property tax calculations.

    Frequently Asked Questons

    Q: Who collects the Chennai Property Tax?

    Ans: Greater Chennai Municipal Corporation collects the Chennai Property Tax.

    Q: Can I pay my property taxes online?

    Ans: Yes, you can pay property tax in Chennai both online and offline.

    Q: How to pay taxes online?

    Ans: You can visit the official website and fill in the required details to submit them.

    Q: How to make offline payments?

    Ans: You can draw up a cheque/Demand Draft favouring “The Revenue Officer, Corporation of Chennai ” and make payments through any TACTV counters in the Greater Chennai area.

    Q: Can I complain about corrupt officials?

    Ans: Yes, the Chennai Municipal Corporation has many helpline numbers to call to register complaints against corrupt officials.

    MCGM Property Tax 2024 – How to Pay BMC Mumbai Property Tax Online

    MCGM Property Tax 2024 – How to Pay BMC Mumbai Property Tax Online

    Owning a property in Mumbai comes with its fair share of expenses. From hefty down payments to recurring expenses such as maintenance fees, utilities, and property taxes, being a property owner in Mumbai demands careful financial planning.

    Property tax in Mumbai is levied by the Municipal Corporation of Greater Mumbai (MCGM) on property owners within its jurisdiction. BMC property tax is a local tax imposed on property owners to fund various city civic services and infrastructure development. 

    In this guide, we will explore MCGM property tax in detail, shedding light on who is required to pay it and providing valuable insights into the payment procedure and related aspects.

    MCGM Property Tax: Key Details

    InformationDetails
    AuthorityMunicipal Corporation of Greater Mumbai (MCGM)
    Who PaysOwners of residential and commercial properties within MCGM jurisdiction
    Tax BaseAnnual Rateable Value (ARV) for properties
    RateVaries depending on the ARV and property type (residential/commercial)
    Payment OptionsOnline portal, designated banks, MCGM collection centers
    Last Due DateTypically June 30th (subject to change, refer to official website)
    Official Login Linkhttps://ptaxportal.mcgm.gov.in/

    MCGM Property Tax Login

    You can access the MCGM Property Tax login on the MCGM Citizen Portal: https://ptaxportal.mcgm.gov.in/ 

    mcgm property tax login
    • You’ll need your property account number to log in.
    • If you don’t know your property account number, you can likely find it on a previous property tax bill or by searching on the portal using your ward, name, and address.
    • Be sure to enter the CAPTCHA code correctly when logging in.

    How to Check the Property Tax Mumbai Bill on the MCGM Website?

    MCGM provides an online platform where you can access and view your property tax bill. By following the steps, you can conveniently view your property tax bill and stay updated on your tax obligations.

    1. Navigate to the official website of MCGM
    2. Login by furnishing the property account number and the captcha.
    3. Next, enter the OTP sent to your registered email ID and mobile number.
    4. Your account on the MCGM website will be redirected, and you will be able to view your outstanding and paid property tax Mumbai bills.

    MCGM Property Tax Portal

    The MCGM Property Tax Portal is located at: https://ptaxportal.mcgm.gov.in/. This is the official website for all your property tax needs in Mumbai.

    Here’s what you can do on the MCGM Property Tax Portal:

    • View your property tax bill: Access and review your current and past property tax bills.
    • Calculate your property tax: Use the online calculator to estimate your property tax dues based on details like ward number, area, and building type.
    • Pay your property tax online: Make secure payments using various options like credit card, debit card, net banking, or Paytm wallet.

    MCGM Property Tax Calculation Method

    MCGM Property Tax Calculation Method
    The state government calculates the property tax in Mumbai based on the property’s valuation.

    MCGM calculates property tax based on the capital value of the property, considering factors such as location, property type, construction type, occupation status, and floor space index.

    Rate Value Method

    Previously, the method of calculating property tax in MCGM/BMC was based on the rate value of the property. This rate value was determined by multiplying the market value of the property by a fixed percentage. Property tax levied by the Brihanmumbai Municipal Corporation (BMC) is essential for funding various civic services and infrastructure projects in Mumbai. Subsequently, the tax rate was applied to the rate value to determine the property tax amount. 

    While this method was simple and straightforward, it had its limitations. One major drawback was that the rate value did not consider the fluctuating market values of properties. As a result, property tax calculations using this method often failed to accurately reflect the current value of properties, leading to potential discrepancies in tax amounts. 

    Capital Value Method

    In the new method of calculating property tax in MCGM/BMC, the focus shifts to the capital value of the property. This capital value is determined by multiplying the market value of the property by a specific factor established by the MCGM. 

    Once the capital value is determined, the applicable tax rate is applied to calculate the property tax amount. The capital value method brings improved accuracy to property tax calculations compared to the older rate value method. 

    By considering the current market value of the property, the capital value method ensures that property tax assessments align more closely with the property’s actual worth. Moreover, this method promotes transparency as the factors utilized in determining the capital value are made available to the public by the MCGM..

    Weights for ‘construction type’, in units:

    Bungalows and RCC construction1 Unit
    Other than RCC (semi-permanent /chawls)0.60 Units
    Under-construction or vacant land0.50 Units

    Weights for ‘age of building’, in units:

    Properties constructed before 19450.80 units
    Properties constructed between 1945 and 19850.90 Units
    Properties constructed after 19851 Unit

    Weights for ‘user category’ in units:

    Hotels and like businesses4 units
    Commercial properties3 units
    Industries and factories2 units
    Residential and charitable institutions1 unit

    MCGM Property Tax Calculation 2024

    Calculating your MCGM/BMC property tax online is a convenient way to determine your tax liability. Property tax on commercial property in Mumbai is calculated based on the capital value of the building, which considers factors like location, size, and market value. By following a specific formula that considers various factors, you can accurately calculate your property tax obligation:

    1. Navigate to the official website of MCGM Tax Portal
    2. Click on the link under Tax Calculator
    3. Furnish the all the details required and click on Calculate the Tax
    4. The BMC Mumbai property tax payment will be displayed on the screen 
    mcgm property tax login

    MCGM Property Tax Formula

    In 2015 the MCGM introduced the new system of calculating property tax, i.e. capital value system. Under this system, the tax is calculated based on the property’s capital value, which is its market value. The capital value is determined by the MCGM based on the property’s location, size, age, and construction type. 

    The tax is calculated as follows:

    Property tax = Tax rate x Capital value

    [Capital value: Market value of the property x Total carpet area x Weight for construction type x Weight for the age of the building.]

    Here is an example of how to calculate property tax using the MCGM formula:

    • Suppose you own a residential property in Mumbai with a market value of ₹10,000,000. The property is a bungalow that was built in 2000 and has a carpet area of 1000 square feet.
    • The tax rate for residential properties in Mumbai is 0.02%. The capital value of your property is ₹1,000,000 (market value x 0.1).
    • Your property tax is ₹2000 (tax rate x capital value).

    How to pay MCGM Property Tax Online 2024?

    how to pay mcgm property tax online

    To pay MCGM (Municipal Corporation of Greater Mumbai) Property Tax online, follow these steps for a convenient and hassle-free experience.

    1. Navigate to the official website of MCGM Tax Portal
    2. Navigate to Citizen Services, then select Property Tax.
    pay mcgm property tax online navigate citizen service

    3. Login by furnishing the property account number and the captcha.

    4. Next, enter the OTP sent to your registered email ID and mobile number.

    5. Verify the displayed property details and enter the tax amount to be paid. The payment is processed on a first-in-first-out (FIFO) basis.

    mcgm property tax citizen portal new assesment property

    6. Choose your preferred payment method, such as net banking, credit, or debit card, and make the payment.

    mcgm tax citizen portal new assesment property payment methods

    7. After the successful payment, a receipt will be generated for future reference.

    MCGM Property Tax Bill Download 2024

    Unfortunately, the MCGM Property Tax Portal currently doesn’t offer a direct download option for your property tax bill. However, you can still access and view your bill electronically through the portal. Here’s how:

    1. Access the MCGM Property Tax Portal:

    Go to the official MCGM Property Tax Portal: https://ptaxportal.mcgm.gov.in/.

    access the mcgm property tax portal

    2. Login or Register:

    • If you have an existing account, log in using your property account number and CAPTCHA code.
    login or register the mcgm property tax portal
    • If you’re a new user, you’ll need to register first by providing details like your property address and creating a username and password.

    3. View Your Bill:

    Once logged in, locate the option to view your property tax bill. It might be labelled as “View Bill,” “Property Tax Statement,” or something similar.

    view your bill the mcgm property tax portal

    4. Print or Save the Bill (Alternative):

    While downloading isn’t available, you can achieve a similar outcome by:

    • Printing the bill: Once you’ve accessed your bill on the screen, use your browser’s print function to print a physical copy for your records.
    print or save the bill the mcgm property tax portal
    • Taking a screenshot: Capture an image of the bill displayed on your screen using a screenshot tool. You can then save the screenshot as a PDF or image file on your device.

    MCGM Property Tax Receipt Download 2024

    There isn’t a clear confirmation on the MCGM Property Tax Portal itself about directly downloading your 2024 payment receipt. However, there are a couple of ways you can potentially access a copy of your receipt:

    1. Online Receipt Viewing:
    mcgm property tax receipt download
    • Once logged in, navigate to the section for payment history or transaction history. This might be labelled differently, so look for options related to past payments.
    • If the portal allows viewing past receipts, you should be able to see the details of your 2024 payment, potentially including a downloadable receipt option.
    1. Email Confirmation:
    • When you make an online payment on the MCGM portal, it’s possible you might receive a confirmation email with the payment details attached as a PDF receipt.
    • Check your email inbox for messages from MCGM or a payment processor used during the transaction (like a bank or payment gateway). The email might contain a link to download the receipt as well.

    How to Pay MCGM Property Tax Offline?

    Apart from online payments, BMC property tax payments can also be made offline through multiple channels:

    1. Help Centers and Citizen Facilitation Centers: Visit designated help centers or citizen facilitation centers to make your property tax payment in person.
    2. Assistant Revenue Officers’ Office: Make the payment at the office of Assistant Revenue officers.
    3. Payment Methods: Offline payments can be made using cash, cheque, demand draft (DD), or UPI payment methods.
    4. Receipt: Upon payment, a receipt will be provided, which should be securely kept as proof of payment.

    MCGM Property Tax Due Date and Penalty Charges

    The due date for MCGM property tax is annually on 3rd June. If the tax is not paid by the due date, a penalty of 2% will be charged on the remaining amount. Additionally, the penalty will increase by 1% for each subsequent month that the tax remains unpaid.

    How to Get BMC Property Tax Bill on E-Mail?

    Procedure To Get The MCGM Property Tax Bill Via Mail
    MCGM property tax has been updated for the year 2023, with new curbs and exemptions

    To receive your BMC (Brihanmumbai Municipal Corporation) property tax bill via email, you can follow the simple process mentioned below. By opting for this convenient method, you can easily access and manage your property tax information digitally:

    1. Visit the MCGM portal and locate the notification for Know Your Customer (KYC).
    2. Click on the KYC notification and proceed to fill out the required form.
    3. Provide your email ID and mobile number during the KYC process.
    4. Upload the necessary documents as per the instructions on the website.
    5. After completing the KYC, you will receive a confirmation link in your registered email.
    6. Click on the confirmation link to verify your email address.
    7. Once the KYC is successfully completed and confirmed, you will start receiving alerts, notifications, and property tax bills on your registered email ID.
    8. This ensures the timely receipt of bills and helps you avoid penalties for delayed MCGM property tax payments.

    How to Do Property Tax Name Change Online in Mumbai?

    BMC Property Tax Name Change Online
    BMC Property Tax Name Change Online

    If you need to change the name on your property tax in Mumbai, follow these steps for a smooth and convenient online process to update the information accurately.

    • Changing the name on your MCGM property tax can be done without incurring fees and through an online portal. 
    • The process takes around 3 days, compared to 15 days if done at the SRO office. No property card submission is required as the change is based on registered sales deeds. 
    • The name change reflects simultaneously on the property card, which can be verified on the portal under ‘View Detail’.

    Mumbai Property Tax Exemption

    Mumbai Property Tax Exemption provides relief to eligible property owners. These exemptions include: 

    • Properties exclusively used for public worship or charitable purposes are eligible for an exemption from property tax.
    • Properties belonging to Diplomatic or Consular Missions of foreign states, as specified by the Government, are also exempt from property tax.
    • Houses or flats measuring less than 500 square feet are exempt from the payment of property tax.
    • Flats or houses measuring between 500 to 700 square feet are eligible for a 60% concession on property tax.

    MCGM Property Tax – Early Bird Scheme

    How to Pay Property Tax in Mumbai Online
    MCGM is India’s wealthiest municipal corporation, with an annual budget that exceeds that of several of the country’s smallest states.

    The Municipal Corporation of Greater Mumbai (MCGM) offers the Early Bird Scheme as a rebate initiative to incentivize timely property tax payments. By taking advantage of this scheme, citizens who pay their property tax before the due date can enjoy certain benefits. 

    The scheme grants a 2% rebate on the first installment and a 4% rebate on the second installment of the property tax. It’s important to note that the due date for property tax payments in Mumbai is June 3rd each year. 

    To participate in the Early Bird Scheme, you have the option to pay your property tax online or through a bill collector. For further details and comprehensive information about the Early Bird Scheme, it is advisable to visit the official MCGM website. This scheme provides an opportunity to save money while fulfilling your property tax obligations in a timely manner.

    MCGM Property Tax Latest News

    7th April 2023

    The Municipal Corporation of Greater Mumbai (BMC) and Bloomberg Philanthropies are collaborating to redesign 20 high-risk intersections, including Amar Mahal Junction, which has witnessed the highest number of fatalities in the city. The redesign will focus on improving pedestrian crossings, adding refuge areas, and implementing traffic calming measures.

    6th March 2023

    The Municipal Corporation of Greater Mumbai (MCGM) has been awarded “E-governance Initiative of The Year” for its Property Tax Intelligent Solution (PTIS) developed by SAS. The solution has helped detect fraud, prevent revenue leakages, and increase tax revenues using advanced analytics.

    21st February 2023

    The Income Tax Appellate Tribunal (ITAT) in Delhi has ruled that if a registered sale deed does not specify the ownership share of a husband and wife in a property, they will be considered equal owners. In a specific case, the ITAT upheld the taxation of INR 9.8 lakh in the wife’s hands for the notional rent of a jointly owned vacant property.

    19th November 2022

    The Brihanmumbai Municipal Corporation (BMC) has decided not to revise the capital value of properties in Mumbai, despite already raising property tax bills in September. The government directed the BMC to provide relief due to financial losses caused by the pandemic. However, this decision is expected to result in a revenue loss of Rs 1,117 crore for the city.

    29th August 2022

    The Comptroller and Auditor General (CAG) of India reveals that property tax collection in Maharashtra’s urban local bodies had an efficiency of only 53% from 2015-16 to 2019-20. The Brihanmumbai Municipal Corporation (BMC) performed poorly with a collection rate of just 28%.

    How Can NoBroker Help?

    In conclusion, paying your MCGM property tax on time is crucial for compliance and avoiding penalties. Stay informed, utilize online portals, and seek assistance from reliable platforms to manage your property tax efficiently and contribute to the development of your city.

    NoBroker Legal services offer expert guidance and assistance in handling legal aspects related to MCGM property tax, ensuring compliance and addressing any legal concerns that may arise. Their comprehensive services can simplify and streamline your property tax management experience while ensuring you meet all necessary requirements.

    Frequently Asked Questions

    Q: What is MCGM property tax?

    Ans: MCGM property tax is a tax levied by the Municipal Corporation of Greater Mumbai (MCGM) on the annual value of immovable property in Mumbai. The tax is calculated on the basis of the property’s location, size, and market value.

    Q: Who is liable to pay MCGM property tax?

    Ans: The owner of the property is liable to pay MCGM property tax. If the property is rented out, the tenant is also liable to pay the tax, in addition to the landlord.

    Q: How can I use the BMC online portal for property tax payment?

    Ans: To pay your property tax, access the BMC online portal for property tax payment, register or log in, and follow the prompts to complete your transaction securely and efficiently.

    Q: How can I check my Brihanmumbai Property Tax dues online?

    Ans: To view your Brihanmumbai Property Tax dues, visit the MCGM portal, navigate to the property tax section, and enter your property ID.

    Q: What are the penalties for not paying MCGM property tax?

    Ans: Not paying MCGM property tax incurs a late fee, interest on the overdue amount, and potential legal action for enforcement. Prompt payment is advised to avoid such consequences.

    GHMC Property Tax: How to Calculate and Pay Tax Online?

    GHMC Property Tax: How to Calculate and Pay Tax Online?

    Buying property involves legal obligations beyond signing. GHMC Property Tax in Telangana is crucial to avoid land seizure. GHMC, Greater Hyderabad Municipal Corporation, collects taxes from residents. It’s one of India’s largest municipal corporations, serving 7.9 million people across 650 sq km. 

    GHMC Property Tax Highlights

    InformationDetails
    AuthorityGreater Hyderabad Municipal Corporation (GHMC)
    Who PaysOwners of residential and commercial properties within GHMC jurisdiction
    Tax BaseAnnual Rental Value (ARV) for residential properties and market value for commercial properties
    RateVaries depending on the ARV/market value and property type (residential/commercial)
    Payment OptionsOnline payment portal, designated banks
    Last Due DateTypically two instalments – July 31st and October 15th (subject to change, refer to official website)
    Official Login Linkhttps://onlinepayments.ghmc.gov.in/

    What is GHMC Property tax?

    What is GHMC property tax
    What is GHMC property tax

    GHMC stands for ‘Greater Hyderabad Municipal Corporation’ and is responsible for collecting house and property tax from the people of Hyderabad. State government earns a major portion of their revenue through the amount of property tax paid by the citizens of this area. These taxes are further used by municipal bodies to improve the living conditions of the city by ensuring that public facilities are well maintained.

    Both residential and commercial property owners need to pay the GHMC property tax annually. If you own a residential property whether to live in it or rent it out, you are liable to the yearly tax to the state government. Similarly, properties that are used for commercial purposes need to pay the amount of tax levied on them.

    The municipal corporation uses the total tax amount collected to repair potholes, instal street lights, build parks and footpaths and focus on the overall development of the infrastructure of the city. It is also responsible for smooth garbage disposal and maintaining the cleanliness of the city. The Health and Sanitation department is also taken care of by the corporation.

    GHMC Property Tax Online Payments 2024

    You can make GHMC property tax payments online for the financial year 2024-2025. Here’s what you need to know:

    • Online Portal: The Greater Hyderabad Municipal Corporation (GHMC) website has a dedicated portal for property tax payments: GHMC Property Tax Online Payment: https://onlinepayments.ghmc.gov.in/
    • Payment Process:
      1. Visit the portal and enter your PTIN (Property Tax Identification Number) and registered mobile number.
    ghmc property tax online payments

    2. You’ll receive a one-time password (OTP) on your phone. Enter the OTP to proceed.

    ghmc property tax online payments otp verification

    3. The portal will display your property tax details, including current dues and any arrears.

    ghmc property tax online payments login display property tax details

    4. Choose a payment gateway and complete the online payment.

    ghmc property tax online payments payment gateway

    GHMC Property Tax Receipt 2024

    You can only download receipts for online payments made after April 1, 2016, on the GHMC website. Here’s how to access your receipt:

    ghmc property tax receipt online portal
    • Access Receipts: Click on the “Print Receipts” section.
    • Login: Enter your PTIN (Property Tax Identification Number) and registered mobile number.
    ghmc property tax receipt login portal
    • Verification: An OTP will be sent to your phone for verification. Enter the OTP to log in.
    ghmc property tax receipt verification portal

    Download Receipt: If you’ve made a successful online payment after April 1, 2016, you should be able to view and download the receipt here.

    GHMC Property Tax Rates 2024

    The GHMC website doesn’t directly publish the property tax rates for 2024. However, the property tax amount is calculated based on a formula that considers two key factors:

    1. Monthly Rental Value (MRV): This is a pre-determined monthly rent assigned to your property by GHMC based on location and property type (residential or commercial).
    2. Area of your Property (Plinth Area): This is the built-up area of your property.

    Here’s a simplified breakdown of the calculation for both residential and commercial properties:

    • Residential Property Tax:
      • Annual Property Tax = Plinth Area (sq. ft.) x MRV (Rs./sq. ft.) x 12 months x Rate (between 0.17 and 0.30)
        • The rate depends on the monthly rental value of your property. There’s a range (between 0.17 and 0.30) mentioned on some resources, but the specific rate applicable to your property isn’t readily available online.
    • Commercial Property Tax:
      • Annual Property Tax = 3.5 x Plinth Area (sq. ft.) x MRV (Rs./sq. ft.)

    Finding the Applicable Rate and MRV:

    Unfortunately, there’s no single online resource that provides both the applicable rate and MRV for your specific property. Here are some ways to find this information:

    1. GHMC Property Tax Search: The GHMC website might offer a search option where you can enter your property details to find your MRV. However, information on the specific rate applicable to your property might be limited.
    2. Previous Year’s Demand Notice: If you have a copy of your property tax demand notice from the previous year, it might mention the applicable rate for your property.
    3. Contact GHMC: Reaching out to GHMC directly through their website or contact information is the most reliable way to get the currently applicable rate and MRV for your property.

    GHMC Property Tax Self Assessment 2024

    You can perform a self-assessment of your GHMC property tax for 2024 through the GHMC website. Here’s what you’ll need to do:

    Website:

    ghmc property tax self assessment website

    Process:

    1. The website is designed for self-assessment of structured properties, so it might be best suited for recently constructed buildings.
    2. Explore the portal to see if it allows entering property details for calculating the tax amount.
    3. If the portal facilitates calculation, enter details like property type (residential/commercial), area (sq. ft.), and any other required information.
    4. The portal might give you an estimated property tax amount based on your input.

    GHMC Property Tax Mobile Number Update 2024

    You can update your mobile number associated with your GHMC Property Tax for 2024 online. Here’s how:

    GHMC Website:

    Update Process:

    1. On the webpage, select the circle your property belongs to from the dropdown menu. [Circles are administrative divisions in GHMC]
    ghmc property tax mobile number update
    1. Enter your Property Tax Identification Number (PTIN).
    2. Click on “Submit.”

    GHMC Property Tax Due Dates 2024

    The last date for the bi-annual payment of GHMC Property Tax is 31st July and 15th October. An interest of 2% p.m. will be charged if you delay the payment of GHMC Property Tax.

    How to Calculate Property Tax in Hyderabad?

    How to Calculate Property Tax in Hyderabad
    How to Calculate Property Tax in Hyderabad

    Step 1 – Note down the Plinth Area (PA). The Plinth Area can be defined as the total area of the house, which is inclusive of all the covered areas like storerooms, balconies, and garages.

    Step 2 – If the property is in use by you, find out the recent rent-per-square-foot for other properties in your area’s real estate market. In case the property is rented to someone else, consider the rent-per-square-foot mentioned in the rental agreement that was drawn at the time of renting. The final determined amount will be considered as your Monthly Rental Value (MRV) per square foot.

    Step 3 – Apply the below-mentioned formula to find out the exact amount of GHMC property tax details by door number.

    Annual Property Tax for Residential Property = PA x MRV (per sq.ft.) x 12 x (0.17 – 0.30) depending on the monthly rental value in the below table – 10% depreciation + 8% library cess.

    For GHMC property tax calculation, follow the below-mentioned steps

    Step 1 – Find out the Plinth Area (PA).

    Step 2 – In the case of commercial properties, you will have to check the Monthly Rental Value (MRV) for the specified monthly rent per square foot for various circles in various taxation zones as mentioned in the official notifications by GHMC. You can check any GHMC property tax details on the GHMC Website and the Proposed Division of Zones (https://www.ghmc.gov.in/proposed_div_zones.aspx).

    Step 3 – Apply the below-mentioned formula to find out the exact amount of GHMC property tax payment.

    Annual Property Tax for Commercial Property = 3.5 x PA in sq. Ft. x MRV in Rs. /sq. Ft.

    Note – 

    • The maximum monthly rent per square foot for taxation of commercial properties like ATMs and cellular towers/hoardings is limited to Rs.70 and Rs.50, respectively.
    • The minimum monthly rent per square foot for taxation of commercial properties like educational institutions and hospitals is set at Rs.8 and Rs.9.50, respectively.

    How to Generate PTIN to Pay Tax?

    How to Generate PTIN to Pay GHMC Property Tax
    Man signing the documents for homeownership

    Property Tax Identification Number (PTIN) is a crucial identification number every taxpayer must possess for paying the GHMC property tax online. According to GHMC, Hyderabad city is divided into 5 zones (North, South, Central, East and West) and 18 Circles. For new properties, GHMC allots a 10-digit PTIN and for old properties, GHMC allots a 14-digit PTIN. GHMC property tax by house number has speeded up the entire process of assessment, calculation and payment of property tax in Hyderabad.

    If you are a new property owner and need to get your PTIN allotted, you will have to write a house tax Telangana application to the city’s deputy commissioner along with the official documents like the sale deed and occupancy certificate. After the authorities physically cross-check all the details, you will be assigned a house number and PTIN for filing GHMC Hyderabad property tax. 

    You can generate the PTIN online by using the ‘Online Self-Assessment Scheme’ started by GHMC. 

    • Visit https://www.ghmc.gov.in/Propertytax.aspx and go to the ‘Online Services’ section and then choose ‘Self-Assessment of Property’.
    • Mention all the personal and property details like the locality, Plinth Area, usage, occupancy certificate number, and building permit number. Now you will see the approximate annual property tax mentioned on your screen.
    • Your application has been forwarded to the city officials who will visit and verify the property before issuing a PTIN.

    Steps to Pay GHMC Property Tax Online

    Steps to Pay GHMC Property Tax Online
    Searching about GHMC Property Tax dues
    1. Visit the GHMC official website and sign in.
    2. Click on the ‘Property Tax’ option mentioned under the Online Payments section.
    3. To ‘Know Property Tax Dues’, fill in the PTIN.
    4. Now you will see all your details like arrears, interest on arrears, property tax amount, and adjustments. Verify them.
    5. Select the mode of online banking for paying your GHMC property tax dues. You can select either a credit card, debit card or some other format of net banking.
    6. You can enter the PTIN and download the GHMC property tax receipt.

    Note – Through this portal, you cannot generate the receipt for the tax paid via offline methods.

    How to Pay GHMC Property Tax Offline?

    Pay GHMC Property Tax Offline

    For making the GHMC Hyderabad property tax payment offline, you can visit either of the below-mentioned places – 

    • 72 MeeSeva Centres in the GHMC boundary.
    • Citizen Service Centre is present in all 19 circles.
    • GHMC Bill Collectors
    • Any branch of the State Bank of Hyderabad

    Official documents you must carry to pay the property tax in Telangana via offline channels –

    • Sale deed of the property.
    • Occupancy certificate that you received from the builder before moving in.
    • Copy of the building plan drawn up by the architect.
    • Cheque or demand draft in the name of the GHMC commissioner.

    Penalty on Late Payment | Due Dates to Pay GHMC Property Tax 

    If the taxpayer is unable to pay the GHMC property tax by the due dates, he/she will have to pay an additional amount of 2% per month on the outstanding amount as the penal interest.

    Greater Hyderabad Municipal Corporation Circles and Zones 

    Sl.No.Circle No.Name of the CircleName of the Zone
    1Circle-1KapraL.B. Nagar
    2Circle-2UppalL.B. Nagar
    3Circle-3HayathnagarL.B. Nagar
    4Circle-4L.B.Nagar ZoneL.B. Nagar
    5Circle-5SaroorNagarL.B. Nagar
    6Circle-6MalakpetCharminar
    7Circle-7SantoshnagarCharminar
    8Circle-8ChandrayanguttaCharminar
    9Circle-9CharminarCharminar
    10Circle-10FalaknumaCharminar
    11Circle-11Rajendra NagarCharminar
    12Circle-12MehdipatnamKhairathabad
    13Circle-13KarwanKhairathabad
    14Circle-14GoshamahalKhairathabad
    15Circle-15MusheerabadSecunderabad
    16Circle-16AmberpetSecunderabad
    17Circle-17KhairatabadKhairathabad
    18Circle-18Jubilee HillsKhairathabad
    19Circle-19YousufgudaSerilingampally
    20Circle-20SerilingampallySerilingampally
    21Circle-21ChandanagarSerilingampally
    22Circle-22RC Puram, PatancheruvuSerilingampally
    23Circle-23MoosapetKukatpally
    24Circle-24KukatpallyKukatpally
    25Circle-25QutbullapurKukatpally
    26Circle-26GajularamaramKukatpally
    27Circle-27AlwalKukatpally
    28Circle-28MalkajgiriSecunderabad
    29Circle-29SecunderabadSecunderabad
    30Circle-30BegumpetSecunderabad

    Concession/ Exemption from Paying GHMC Property Tax

    Although the law states that all the non-agricultural lands, buildings and structures are subjected to a certain rate of property tax, some properties are granted special concessions or exemptions. Some of the examples are –

    • Educational institutes up to the 10th standard, registered in the government records are 100% exempted from paying taxes.
    • Landlords that have an annual income of less than Rs 5 Lakh.
    • Places of worship (Temples, Churches, Mosques, Gurudwaras, Monasteries and others) are 100% exempted from tax.
    • Properties that are owned by military personnel or former servicemen are non-taxable.
    • Owners residing in their properties that have an annual rent of less than Rs 600 do not have to pay property taxes.
    • Owners with unoccupied properties get a 50% concession on the yearly GHMC Hyderabad property tax.

    What are the Current Rates of Property Tax in Hyderabad?

    Current Slab Rate for Property Tax Hyderabad

    Monthly Rental ValueGeneral TaxConservancy TaxLighting TaxDrainage TaxTotal
    Up to Rs.50ExemptExemptExemptExemptExempt
    Rs.51 – Rs.1002.00%9.00%3.00%3.00%17.00%
    Rs.101 – Rs.2004.00%9.00%3.00%3.00%19.00%
    Rs.201 – Rs.3007.00%9.00%3.00%3.00%22.00%
    Rs.300 and above15.00%9.00%3.00%3.00%30.00%

    Age rebate on building

    0-25 years10%
    26-40 years20%
    More than 40 years30%

    Being a property owner brings significant responsibilities. GHMC property tax in Hyderabad must be paid annually to avoid negative outcomes. Managing this can be mentally challenging. Choose NoBroker’s legal department for assistance, ensuring satisfactory results at an affordable price. They handle all the technical work and address your questions, simplifying property ownership for you.

    Frequently Asked Questions

    Q: What is the telangana house tax levied on a residential property?

    Ans: The telangana house tax levied on a residential property ranges from 17% to 30% based on monthly rentals and age of the building.

    Q: How to pay ghmc property tax for renovated buildings?

    Ans: Renovated building that has an additional floor or some outer space like a garden or garage will undergo an increase in ghmc property tax. However, the house number and PTIN for the property remains the same.

    Q: What if I forget my PTIN?

    Ans: You can retrieve your forgotten PTIN by simply logging on to the official website and checking the ‘Enquiry’ section. Here you will spot an option for ‘Property Tax’ which will further lead you to the ‘Search your PTIN’ option. Here you can enter all the correct details and get your PTIN.

    Q: What are the due dates for payment of ghmc property tax hyderabad?

    Ans: Due dates for payment of the GHMC Property Tax are July 1 and October 15.

    Q: Can I pay the ghmc property tax offline?

    Ans: Of course, you can. You can visit any one of the four above mentioned places to pay your ghmc property tax.

    Maharashtra Stamp Act: Understanding Its Impact and Changes

    Maharashtra Stamp Act: Understanding Its Impact and Changes

    At any point, if any movable or immovable resource/asset changes ownership, to get it stamped or legalized – a specific amount of tax has to be paid to the state government, which is known as stamp duty. The Maharashtra Stamp Act states such resources and assets on which the stamp obligation must be paid to the state government. The Act additionally specifies the measure of the amount that is to be paid to the state authorities.

    The Bombay Stamp Act: A Cornerstone of Revenue Collection in Maharashtra

    The Bombay Stamp Act, enacted in 1958, is a pivotal legal framework that governs the collection of stamp duties on document-based transactions within Maharashtra. Originally applied to the greater Bombay region, this act became an integral part of Maharashtra’s legislative environment following the state’s formation in 1960.

    This Act mandates the payment of stamp duty, which is essentially a form of tax, on various documents including transfer deeds, agreements, certificates, bonds, and leases. The primary purpose of this duty is to confer legal authenticity to these documents while generating revenue for state administrative functions.

    Over the years, the Bombay Stamp Act has been amended multiple times to respond to the dynamic economic conditions and real estate market of Maharashtra. These amendments ensure that the stamp duty rates are adjusted and practices streamlined to enhance compliance and minimise evasion.

    The implementation of this Act is crucial for the state as it not only secures revenue but also supports the maintenance of a robust legal documentation system, which is fundamental to the functioning of both governmental and private sector transactions.

    What is the Maharashtra Stamp Act?

    Maharashtra Stamp Act 1958
    Maharashtra Stamp Act 1958 has made new amendments under Schedule 1

    The Bombay Stamp Act 1958 now known as the Maharashtra Stamp Act 1958, applies to every one of the agencies that are referenced in Maharashtra Stamp Act Schedule 1, on which the stamp duty is payable to the state. There was an amendment in the Maharashtra Stamp Act recently and the changes are inclusive to the modification of stamp duty on the agreement in Maharashtra on gift deeds, incorporation of electronic payment of stamp duty, an update on penalty clauses, and an increment on the amount of stamp duty under certain instruments provisions.

    As of January 25, 2024, there are notable updates regarding the Maharashtra Stamp Act. Firstly, the 1% stamp duty concession for women purchasing residential property continues. This reduction applies to the standard rates, which vary between 2% to 5%, and the previous 15-year lock-in period for beneficiaries was abolished as of May 31, 2023.

    Additionally, the Maharashtra government introduced the ‘Abhay Yojana’ amnesty scheme in December 2023. This scheme, in its second phase until March 31, 2024, allows the regularisation of inadequately stamped documents with reduced penalties. Benefits include a complete waiver of stamp duty and penalties for amounts under Rs. 1 lakh and a 50% waiver on stamp duty with full penalty exemption for amounts over Rs. 1 lakh.

    Importantly, the stamp duty rates for the fiscal year 2023-24 remain unchanged from the previous year.

    Latest Maharashtra Stamp Act

    The Maharashtra Stamp Act latest involves several important changes and continuations of previous policies as of 2024:

    1. Stamp Duty Concession for Women: Maharashtra continues to offer a 1% stamp duty concession for women purchasing residential property. This initiative aims to encourage property ownership among women. The earlier 15-year lock-in period that restricted the resale of these properties to men has been abolished as of May 31, 2023 (Housing).
    2. Stamp Duty Rates: Standard stamp duty rates have been restored to 5% in Mumbai after a temporary reduction during the pandemic. These rates apply from April 2021 onwards, with specific concessions for certain types of properties and transactions.
    3. Amnesty Scheme: The Maharashtra government has extended the Stamp Duty Amnesty Scheme until June 30, 2024. This scheme provides relief for properties that had incomplete or missing stamp duty payments dating back to 1980. The extension allows property owners to regularise documents with waived penalties under specified conditions.

    Maharashtra Stamp Act 2015

    On 24 April 2015, the original Maharashtra Stamp Act 1958 received the affirmation for it to be called the Maharashtra Stamp Act 2015. There were a few changes made to the Act – the stamp duty rate of certain instruments under Schedule 1 was increased. Therefore, the Maharashtra Stamp Amendment Act 2015 first came into order.

    How is Stamp Duty Payable?

    How is Stamp Duty Payable
    Stamp duty can be made via various platforms and methods
    • Stamp Duty can be paid by:
    • Using Stamp Paper
    • Using Adhesive Stamps
    • Online Challan
    • EBSTR
    • Franking

    Stamp Duty Rates in Maharashtra

    There are various factors that decide the stamp rate duty on property in the state of Maharashtra (or any state). Naming a few of these factors – the locality of the property – urban or rural, the total cost of the transaction, etc. The Maharashtra stamp duty Act 2020, reduced the stamp duty on properties for the next two years. This is only applicable in the areas falling under the Mumbai Metropolitan Region Development Authority (MMRDA) and municipal corporations of Pune, Pimpri-Chinchwad, and Nagpur. This means that stamp duty on properties in Mumbai, Pune, and Nagpur, was charged at 5% (4% stamp duty + 1% metro cess).

    CitiesStamp duty rates (w.e.f. April 1, 2021)Stamp duty rates from September 1, 2020 till December 31, 2020Stamp duty rates from January 1, 2021 till March 31, 2021Registration Charges
    Mumbai5% (includes 1% metro cess)2%3%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)
    Pune6% (includes transport surcharge and local body tax)3%4%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)
    Thane6% (includes transport surcharge and local body tax)3%4%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)
    Navi Mumbai6% (includes transport surcharge and local body tax)3%4%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)
    Pimpri-Chinchwad6% (includes transport surcharge and local body tax)3%4%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)
    Nagpur6% (includes transport surcharge and local body tax)3%4%Rs 30,000 (for properties above Rs 30 lakh); 1% (for properties below Rs 30 lakh)

    Stamp Duty on Hypothecation Agreement in Maharashtra

    Stamp Duty on Hypothecation Agreement in Maharashtra
    Stamp duty rates differ according to various agreements

    Stamp Duty on hypothecation agreements in Maharashtra on instruments, pledges and mortgages on home loans in the province of Maharashtra was capped. As per the latest Maharashtra stamp act, the stamp obligation on such instruments is currently covered at a greater stamp duty of Rs. 10,00,000). This revision has been presented with impact from 1 July 2014.

    Stamp Duty Charges in Maharashtra on Conveyance Deed

    According to the amendments made to the Maharashtra Stamp Act 2015, Article 34 states that 3% of the property’s value is the stamp duty on conveyance deeds (gift deeds). However, if a property – Residential or Agricultural, is gifted without the family having to pay any sum of money, then the stamp duty rate is Rs. 200 as per article 34 of the Maharashtra stamp act.

    Conveyance DeedStamp duty rate
    Gift deed3%
    Gift deed for residential/agricultural property passed on to family membersRs 200
    Lease deed5%
    Power of attorney3% for property located in gram panchayat areas and 5% for property located in municipal areas.

    Stamp Duty on Indemnity Bond in Maharashtra

    Stamp Duty on Indemnity Bond in Maharashtra
    Be prepared for hard times by having all the information beforehand

    According to Article 35 of Schedule 1 of the Maharashtra Stamp Act 1958, and then the Maharashtra Stamp (Amendment) Act 2015 – the price of the stamp duty on indemnity bonds in Maharashtra is Rs 500.

    Stamp Duty on Guarantee Agreement in Maharashtra

    According to Article 5(h) (A)(iv), the stamp duty on bank guarantee agreements in Maharashtra is –

    (i) If the loan amount is less than Rupees Ten Lakh – 0.1% of the amount stipulated in the contract, with a minimum of rupees 100.

    (ii) If the amount exceeds Rupees Ten Lakh, the stamp duty on the personal guarantee in Maharashtra – 0.2% of the amount agreed in the contract.

    Maharashtra Stamp Duty Impact on Property Registration

    Maharashtra Stamp Duty Impact on Property Registration
    Stamp duty is necessary to legalize the purchase of property registration

    Property registrations saw a dip of 50% in the month of April as compared to that of the month of March after the Maharashtra government restored the stamp duty rate of 5% from 1 April 2021. According to the state government’s data, before the sanctions were to be lifted – in the month of March, Maharashtra (excluding) Mumbai saw a record-breaking spike of 2.13 lakh registrations. While only 90,500 registrations were made till 29 April. Maharashtra stamp duty had a huge impact on property registrations.

    Official announcement of the cut of stamp duty on loan agreements in Maharashtra had seen a boost in property sales, especially in Mumbai (Bombay, as we know, is one of the most expensive cities in India). There were many Bollywood A-listers such as Hrithik Roshan and Jahnvi Kapoor who were seen buying properties. Between September 1 and October 17, 2020, luxurious properties were registered across 25 registration offices in Mumbai that were collectively worth 2200 crores.

    Recent Judgements on Maharashtra Stamp Duty

    The Bombay High Court made serious judgements on the rate of the stamp duty in Maharashtra

    The Bombay High Court in a recent judgement directed the Government of Maharashtra to reimburse excess stamp duty, within about a month from the date of the receipt of the application. If the authorities fail to do so, they are applicable to pay interest at the rate of 12% p.a. The above order was applicable even on the stamp duty on education loan in Maharashtra. 

    In a landmark ruling, the High Court decided in favour of Macrotech Developers Ltd and Palava Dwellers regarding their land purchase under ‘Integrated Township Projects’ in Kalyan and Bhiwandi. These projects qualified for a 50% reduction in stamp duty. The state initially rejected the combining of this discount with another waiver on stamp duty for conveyance agreements, but the High Court ruled that both concessions are applicable concurrently. Consequently, the state was ordered to refund any excess stamp duty paid within a specified timeframe.

    Maharashtra Stamp Duty Act has seen various amendments through time. Legal matters may seem hard to keep up with and a little hard to understand, but don’t let that stop you. We at NoBroker are here to help you. Click on the link below and we will assist you on legal matters. If you have any queries, leave them below and our experts will get back to you.

    Frequently Asked Questions

    Q: Is the Stamp duty rate the same across all of Maharashtra?

    Ans: No, the rate of stamp duty is not the same across the whole state of Maharashtra. The price depends on the location of the property. The rates are mentioned in the above article.

    Q: Can stamp duty be paid online in Maharashtra?

    Ans: Yes, you can pay it online. Visit their site – https://gras.mahakosh.gov.in/echallan/

    Q: What is the stamp duty price on indemnity bonds in Maharashtra?

    Ans: The price for the stamp duty is Rs 500, which is also payable online.

    Q: Is the Bombay Stamp Act and Maharashtra Stamp Act the same?

    Ans: Yes, they are. Earlier the Maharashtra Stamp Act was referred to as the Bombay Stamp Act.

    Q: How is the stamp duty calculated on a property?

    Ans: Ready reckoner state or the market value is how the rate of the stamp duty is calculated.

    Q: What is the Maharashtra Stamp Act Bare Act?

    Ans: The Maharashtra Stamp Act Bare Act is the fundamental legal document outlining the rules and regulations for stamp duty and taxation on property transactions in Maharashtra.

    Q: What is stamp duty validity in Maharashtra?

    Ans: No simple receipt may be considered genuine unless it is altered within six months of the date of stamp purchase by the registration officer or another officer with the necessary authority.

    A Comprehensive Guide to E Stamp and E Stamping Process

    A Comprehensive Guide to E Stamp and E Stamping Process

    You must pay stamp duty to national or state authorities to purchase, sell, produce a deed, or even rent your property. Electronic stamping, often known as e-stamping, is a technique of electronically paying government non-judicial stamp tax. Previously, stamp duty for registration had to be paid in person at the sub-office. Most of the process can now be completed online thanks to the e-stamp paper online method.

    To ensure a quick and trouble-free payment, the government has replaced the conventional paper & franklin stamping approach with a digital plan. This service is currently available in 22 Indian states. The state of Maharashtra has its digital stamp duty payment system. In this blog, we will explain the meaning of the e-stamp, the online e-stamp payment system, the download process, and much more.

    When Was E-Stamp Paper Introduced in India?

    In July 2013, the Indian government started the India e-stamping system. This effort attempted to reduce fraud and errors in stamp duty receipts. In India, the Central Record Keeping Agency (CRA), the Stock Holding Corporation of India Limited (SHCILestamp), can issue e-stamp certificates. Authorised Collection Centres (ACCs) are designated intermediaries, such as a bank or a post office, in charge of issuing e-stamp paper in place of CRA. State governments establish various ACCs.

    Stamp duty is a tax levied by governments on legal documents used to transfer property or assets. Governments levy stamp duties, sometimes known as stamp taxes, on documents necessary to legally record certain types of transactions. The Indian Stamp Act covers the levying of stamp duty, the documents on which stamp duty may be imposed, and the various stamp duty rates (1899).

    Historically, governments imposed these taxes to raise revenue for government programmes and initiatives. Stamps are thought to have originated in 17th-century Spain. These taxes were known as stamp duties because a tangible stamp was affixed on the document as proof that the document had been recorded and the tax due had been paid.

    Stamp duty has always been paid by hand, but with technological advancements, online stamp duty payment has developed as a simple and cost-effective solution for businesses. Consideration price meaning in e-stamp refers to the total value of money involved in a purchase or sale transaction between two parties.

    What is E Stamp Paper?

    E-stamp paper, also known as electronic stamping or e-stamping, is not a physical piece of paper. It’s a digital method for paying the government’s non-judicial stamp duty on a property or document.

    Traditionally, people had to buy physical stamp papers with specific denominations to meet the stamp duty requirement. E-stamping eliminates the need for physical papers and offers a more convenient way to pay this tax. Stamping in agriculture means the use of a metal stamping process to create parts for farm equipment.

    Online Stamp Duty Payment for E-Stamp Documents

    E-stamping, also known as digital Stamping, is a technique of paying stamp duty online safely and lawfully and digitally rendering stamp papers that may be affixed to electronic documents. In a word, it is an online service that provides e-stamp process documents.

    India’s stamping system is a two-part process for paying a tax called stamp duty on various legal documents and property transactions. Many businesses offer a digital, seamless documentation workflow that complies with state and federal stamp standards. By digitally stamping papers, businesses can speed up the documentation process while securely stamping documents from anywhere and at any time.

    The following steps are involved in E-Stamping:

    Step1: Visit the https://www.shcilestamp.com/ website and log into the electronic stamping portal.

    Step2: Upload or generate a stamp-able document, templates can also be used to draft papers.

    Step3: The user enters transaction information for e-stamping, such as state, stamp denominations, first and second-party information, and other details. These can also be filled out automatically.

    Step4: The user must fill out the application and submit it to the collection centre.

    Step5: To make the necessary payment, the user must submit the application using Credit Cards, Debit Cards, e Stamp Checks, Demand Drafts, online payment, and online banking.

    Step6: The document is e stamped and combined with the stamp paper sample required. After that, the user obtains the e-stamp certificate, which can be validated using a QR code.

    E Stamping Process
    credits: www.shcilestamp.com
    The SHCIL e-stamp official website portal of the Indian government

    How To Generate Stamp Duty Payment Slips?

    There are several payment methods available for e-stamp paper registration. You can pay the cost using cash, check, NEFT, RTGS, or account transfer.

    Step1: To go to new SHCILestamp users, click the ‘Register Now’ option on https://wbregistration.gov.in/(S(izm2kocaeglz13jxbasnro1z))/index.aspx website.

    Step2: Enter your User ID, password, security question, and bank account information.

    Step3: To access your services, enter your user ID and password. This will happen after you confirm using the activation link sent to your registered email.

    Step4: Login with your enabled username and password.

    Step5: Choose the state in which you wish to pay the stamp duty.

    Step6: Choose the ‘Nearest SHCIL Branch’ option to generate a referral number for any amount that can be paid using net banking, debit card, NEFT, RTGS, or FT. This option, which includes 1st Party Name, 2nd Party Name, Article No, Stamp Duty Payable, and Stamp Duty Amount, is required.

    Step7: Take a printout of your non-judicial stamp paper Online Reference Confirmation Number to your local Stock Holding Branch. The final print of the e-stamp paper can be obtained from there.

    E Stamping Process
    credits: www.shcilestamp.com SHCIL website portal landing page for the latest updates regarding e stamps

    Using the Mobile Application for E Stamp

    The E- Stamping smartphone app can validate the e-stamp paper. Download the app from AppStore or Google Play. You will have two verification options in this app: scanning the QR code accessible on e-stamp paper or manually checking. Remember that QR codes are unavailable on certificates issued before February 13, 2019.

    Scan a QR code with the app’s camera, and all the information will be displayed. You can do it manually by clicking the manual button and selecting the state. After that, input the e-stamp certificate number, the date the certificate was issued, the unique document number, the amount reference, who purchased the document, the document’s content, the stamp duty amount, the consideration price, the first party, and the third party.

    E Stamps Verification

    There are two main ways to verify an e-stamp certificate in India:

    Online Verification

    • Visit the Stock Holding Corporation of India (SHCIL) website, the official authority for e-stamping in India [SHCIL eStamp].
    • Click on “Verify e-Stamp Certificate” on the homepage.
    • Enter the required details, which typically include:
      • State where the e-Stamp certificate was issued
      • Certificate Number (UIN) – a unique identification number
      • Stamp Duty Type (e.g., description of the document)
      • Certificate Issue Date
      • Verification Code (if displayed)
    • Click “Verify” to see if the e-stamp certificate is genuine.

    Mobile App

    • Download the SHCIL EStamp Verification app from the Google Play Store.
    • You can either scan the QR code on the e-stamp certificate or manually enter the certificate details.
    • The app will then retrieve and display the full details of the certificate for verification, even offline.

    8 Benefits of Using E Stamps

    1. Simple to apply – You no longer need to stamp papers individually with an e-stamp, as you would with traditional stamps. A single e-stamp can be applied to several documents.

    2. Reduces counterfeiting – Because they use “layered security” technology, e-stamps should reduce the possibility of document falsification.

    3. Electronic certificate authentication – E-stamps include electronic certificates that validate papers, prove document ownership, ensure document authenticity, and are legally binding.

    4. Meets the demands of the digital age – The transition from traditional to digital stamps is consistent with the overall deployment of strategies and procedures to ease corporate activities in the digital era. Digital transformation is utilised to boost business productivity effectively and efficiently.

    5. No face-to-face interaction – E-stamps could be used remotely and do not require face-to-face interaction between the seller and the buyer. This was very important during the pandemic. E-stamping can be accomplished using a smartphone application too.

    6. Efficient and effective – Every firm requires some level of record-keeping. Legal documents must typically be signed both externally and internally by a corporation. Businesses no longer need to physically print and mail papers because of e-stamps and digital signatures, saving money on paper, printer & ink costs, and courier fees.

    7. Legality of E Stamps – PSTE Government Oversight No. 71 of 2019 regarding the Adoption of Electronic Systems & Transactions governs e-stamps. Because it carries an electronic certificate, an e-stamp is as lawful as a traditional stamp and is legally binding. E stamps serve the same purpose as traditional stamps: to authenticate letters or documents. The stamp is often used as a sign of approval by superiors in commercial agreements and correspondence.

    8. Complementing digital signatures – E-stamps are legal items that are legally binding when used in conjunction with digital signatures. They also help to reinforce decision outcomes on specific document sheets. The e-stamp confirms that the decision has been reached and that the letter or document is genuine. The parties to the e-stamped document are obligated to follow the requirements outlined in the document. The e-stamp works similarly to a digital signature; therefore, they complement each other. 

    The e-stamp document description provides details about the property or transaction, including the consideration price, for accurate stamp duty calculation. To summarise, stamp duty is required when purchasing or selling property in India. With the advancement of technology, the government launched E-stamping, an electronic and secure method of paying non-judicial stamp duty to the government. In July 2013, the government launched this campaign to decrease errors and counterfeits. You can e-stamp your documents, pay an Indian e-stamping cost online, and check the e-stamp.

    Legal assistance is often a hurdle that first-time and experienced property investors tend to face. Many property buyers and sellers trust NoBroker to guide them regarding every legal aspect of the transaction. If you need legal assistance, you can speak with NoBroker legal experts by clicking on this link

    FAQ’s

    Q: How to locate the closest sub-registrar’s-office?

    Ans: To find your local sub-registrar, go to the SHCIL e-stamp website, then to e-stamping, and finally to the state. After you have decided on a state, look for the local sub-office. registrar’s

    Q: Is it possible to pay stamp duty online?

    Ans: You can use the Stock Holding e-stamp gateway to pay your stamp duty online. Fees can be paid with cash, card, NEFT/ RTGS, or any other manner.

    Q: Is there a cost for a SHCIL login?

    Ans: The Stock Holding e-stamping website has no e Stamp registration cost. However, because the land in India is state-subject, you must pay stamp duty payments to the state government.

    Q: Is it possible to obtain a duplicate copy of the e-stamp certificate and change the information on the e-stamps certificate?

    Ans: No, the authority will not supply a duplicate copy of the e-stamp paper; after the e-stamp certificate is generated, it cannot be modified.

    Q: What exactly is franking?

    Ans: The process of getting documents stamped is referred to as franking. This method marks or stamps the documents to indicate that they are legal and that any stamp duty payable has been paid.

    Tenant Police Verification in Pune – Ensuring Rental Security

    Tenant Police Verification in Pune – Ensuring Rental Security

    Pune is the bustling city of corporate opportunities and academic excellence. As the city is thriving, the demand for safe and affordable housing is also going up. This is where Tenant Police Verification in Pune emerges as a crucial safeguard. In this urban landscape, where students and professionals seek rental abodes, landlords rely on Tenant Police Verification in Pune to ensure safe living spaces.

    What Exactly is the Tenant Police Verification?

    Under the Indian Penal Code (IPC) and its Section 188, all landlords must undertake police verification for renting out their properties. This covers order violations as declared by any public servant, convicts are punishable with simple imprisonment for a tenor which may go up to one month or a monetary fine of Rs. 200. If something goes wrong with the tenant or any illegal activity takes place, the landowner will be the one facing the repercussions. Hence, tenant police verification is one of the most crucial steps in the renting process. 

    Why is Tenant Police Verification Important?

    Tenant Police Verification in Pune
    Tenant Police Verification in Pune

    Here are some significant reasons to carry out online police verification for tenant in Pune:

    Heightened Security: Verifying tenants through police checks enables property owners to delve into the tenant’s history, revealing potential criminal records. This vital data assists landlords in making informed decisions about who they permit to occupy their property, ensuring the community’s safety.

    Promotion of Responsible Tenancy: Following police verification, tenants often demonstrate responsible behaviour towards the property and community. The awareness that their records are with the police serves as an incentive for law-abiding behaviour and deters any non-compliance carrying serious legal consequences.

    Validation of Nationality: As an integral part of the tenant verification process, police authorities scrutinize the tenant’s prior addresses. This step aids property owners in verifying the tenant’s Indian origin or nationality status, essential for compliance with legal requirements or building-specific regulations.

    Documents Required For Tenant Police Verification

    The documents required for tenant police verification in Bengaluru can vary slightly depending on the city or state, but here’s a general list:

    • Completed Tenant Verification Application Form: This can usually be downloaded from the local police department’s website or obtained from the police station itself.
    • Payment Receipt (if applicable): Some cities/states might require a fee for police verification. You may need to pay this fee at a designated centre and keep the receipt for your records.
    • Copy of the Signed Rental Agreement: This is to prove your tenancy at the property.
    • Photocopies of ID Proof (for Tenant and Landlord): This can include documents like Aadhar Card, Voter ID, Driving Licence, or Passport. Make sure to carry the originals for verification purposes as well.

    Pune Police Verification Process for Tenant

    There are two ways to get this done:

    1. Offline process
    2. Online process

    Offline Process:  Step-By-Step Guide

    Pune Police Verification for Tenants
    (Source: timesofindia.com) Tenant Police Verification – Offline Process

    For those who opt for a traditional police verification form for tenants in Pune, landlords can proceed with the following steps:

    • Step 1 – Acquire the Offline Verification Form: Acquire the tenant verification form offline, either from the nearby police station or by downloading it through the official website.
    • Step 2 – Form Completion: Fill out the form with comprehensive details regarding both the landlord and the tenant. Attach their identification proofs, address proofs, and recent passport-size photographs.
    • Step 3 – Submission at Local Police Station: Upon confirming the accuracy of the provided information, endorse the relevant sections of the form and deliver it to the local police station. The verification process will be supervised by the overseeing sub-inspector.

    Tenant Information Form

    tenant information form
    Tenant information form

    Online Process: Step-By-Step Guide

    Theonline application for police verification (Pune) is an extremely popular, quick, and convenient method that not only helps the citizens but also the government. Needless to say, the introduction of the online process has led to a sudden rise in the number of documents being registered in the city.

    Getting an online police clearance certificate in Pune is simple. The landlords can easily fill up and submit the tenant police verification form online and get the police verification online Pune for rent. However, the landlords might have to visit the police station for verification if required. In fact, in Pune, online police verification of tenant’s information by the landowners is an important step after receiving the Leave and License agreement is registered. 

    Here’s a detailed guide on how to carry out online tenant police verification in Pune:

    • Step1: Start by visiting the Maharashtra Police Clearance Services official website.
    • Step2: Register by locating the option in the ‘Login’ section, either by creating a new user ID or using existing login credentials.
    • Step3: Select the desired service under the “Services” tab and
    • Step4: Input your address details, moving to the next step.
    • Step5: Continue the process by providing occupation and education information on the subsequent page.
    • Step6: Enter general information as required and proceed to enter details about your local police station.
    • Step7: Save your progress, receiving an application ID.
    • Step8: Upload a passport-sized photo and digital signature as instructed.
    • Step9: Upload the documents needed and review all information for accuracy.
    • Step10: Click ‘Submit’ at the bottom of the page.
    • Step11: Complete the payment using your preferred method, and upon successful payment, a receipt will be generated.
    • Step12: The local police station conducts the verification process, and if necessary, the tenant might need to visit for additional checks.
    • Step13: After the verification, download the Police Clearance Certificate (PCC) from the website.

    Online Police Verification Pune Charges

    The charges for online police verification in Pune are nominal. Landlords typically initiate the process, and they are charged a fee of ₹500 by the Maharashtra Police for tenant verification. You can find this information on various real estate websites or the Maharashtra Police website itself. Check the official Maharashtra Police website (https://pcs.mahaonline.gov.in/) for the latest updates on online police verification and any associated fees.

      Pune Police Clearance Certificate (PCC): Police Verification in Pune for Tenants Online

      ppc certificate for tenants in pune
      Pune police clearance certificate

      The government has issued the Tenant Police Verification clause for public safety. An FIR could be lodged against a landowner for renting out a property to a Tenant without Tenant Police Verification in Pune. Hence, it is strongly recommended to get the details of your tenant registered with the police before trusting them with your apartment and get Pune Police Clearance Certificate. Save yourself some trouble and find trustworthy tenants with extremely reliable sources on Nobroker.in. 

      Click here for more information about Pune Police and other general inquiries. 

      Your home is your safe space. Renting it out to someone involves trust. Hence, it’s extremely important to carry out Tenant Police Verification to ensure the safety and security of your residential space. 

      Frequently Asked Questions

      Q: How to get police verification for tenants in Pune?

      Ans: The Property owner can visit the nearby police station and ask for tenant verification forms. In some metropolitan cities, they can also perform the task through mobile apps. This can be done online too. 

      Q: Is police verification of tenants in Pune mandatory?

      Ans: Police verification of the tenants is an important part of the tenant screening process that must be properly understood for your safety. According to the Indian government, the landlords must undergo police verification of their potential tenants. Any kind of negligence may invite a monetary penalty or even a jail sentence. 

      Q: What is a rental verification form?

      Ans: A rental verification form is a document of permission by the government that a tenant applicant needs to sign to permit the landlord to do a background check.

      Q: What is the process for online police verification for rent agreement Pune?

      Ans: Here is your ste[-by-step guide for the online tenant police verification in Pune.
      Fill the form with both tenant and landlord details
      Affix the current photo of the potential tenant
      Finish it with a sign at the bottom of the form. This is to confirm that the information mentioned in the form is authentic and you are agreeing to it
      Submit the completed form for the police verification for tenant in Pune at the nearest police station
      Make sure to collect the receipt of an acknowledgement for future reference

      Importance and How to Apply for a Legal Heir Certificate in Delhi

      Importance and How to Apply for a Legal Heir Certificate in Delhi

      Losing a loved one is a difficult experience, but life goes on, and there may be legal and financial matters that require attention. A Legal Heir Certificate in Delhi is a crucial document that serves as official verification of inheritance rights. This certificate simplifies the process of claiming assets like property, bank accounts, or investments by legally establishing the deceased’s heirs. Obtaining a Legal Heir Certificate in Delhi is a relatively straightforward process, but it’s important to understand the requirements and procedures involved.

      To guarantee that the right person is selected as the legal heir, a certified copy of a document that is known as the legal heir certificate must be presented. The legal heir certificate contains details on all living members of the family, such as their names, ages, ties to the deceased, and whether or not they are married. In the interest of your convenience, this page will walk you through the steps required to apply for a legal heir certificate in Delhi.

      Legal Heir Certificate in Delhi

      A legal heir certificate in Delhi is a document issued by the government that specifies the legal inheritors of a deceased person’s estate. This certificate is required for various purposes such as claiming property, bank accounts, or other assets of the deceased.

      The Importance of a Legal Heir Document

      If the head of the family suddenly dies away, the person next in line is accountable for looking after the family’s belongings and ensuring that they are adequately cared for. The most important reason for doing so is that we want to respect and continue the custom of our family. It is possible to make use of this certificate for the other reasons that were indicated above.

      They are required to transfer several items such as the electricity connection, housing tax, telephone connection/data transfer, and bank account. In addition, if a government worker passes away, the certificate is required to be eligible for a family pension and be appointed on compassionate grounds. If you do not have the Delhi legal heir certificate, none of these things will be possible.

      Legal Heir Certificate Procedure in Delhi

      Here’s a detailed breakdown of the legal heir certificate procedure in Delhi:

      Application Submission

      1. Location: You can apply at either the District Court or the Taluk/Tahsildar office in your area.
      2. Application Form:
        • Obtain the designated application form for a legal heir certificate.
        • You can usually get this form from the concerned office itself.

      Document Requirements

      • Completed Application Form: Ensure all details are filled accurately.
      • Death Certificate (Original): This is mandatory proof of the deceased.
      • Identity Proofs:
        • For the applicant (you): Aadhaar Card is preferred, but other government-issued IDs like Voter ID, PAN Card, Passport, or Driving Licence are also accepted.
        • For all legal heirs: Identity proof of each heir (same options as applicant).

      Verification and Issuance

      1. After submitting the application and documents, the authorities will verify their authenticity. This might involve local inquiries.
      2. Upon successful verification, the legal heir certificate will be issued to you.

      Legal Heir Certificate East Delhi

      The process for obtaining a legal heir certificate in East Delhi is the same as the general procedure for Delhi outlined previously. You can apply at either the East District Court or the Taluk/Tahsildar office in your area that falls under East Delhi. While there’s no fully online application system, the East Delhi government website (https://dmeast.delhi.gov.in/) offers a downloadable application form for a “Surviving Member Certificate” (the term used for legal heir certificate in Delhi).

      Obtaining a legal heir certificate in South Delhi, and New Delhi follows the same general procedure as Delhi as a whole.

      Important Aspects of the Legal Heir Certificate in Delhi

      The following is a list of the benefits that come with owning this document:

      • Must make a public statement about the link between the deceased individual and the successor.
      • To acquire advantages such as insurance, pensions, retirement packages, provident funds, gratuities, etc.
      • To get work, for example, sympathetic appointments.
      • To benefit from several other government programmes.

      Required Documents to Avail a Legal Heir Certificate in Delhi

      To be eligible to apply for an online legal heir certificate in Delhi, an individual has to have the following documents in their possession:

      • An application form that is filled out and signed
      • Document confirming the individual’s death
      • Identifying documents or cards of rationing heirs who are qualified to receive an Aadhaar card and a ration card

      Anyone who is a direct or extended family member of the deceased individual has the right to submit a request for a legal heir certificate application form in Delhi. It might be any one of the following, in any combination:

      • Spouse of the deceased person who died away
      • The lone son of the deceased managed to survive.
      • Mother of the one who has passed away
      • The surviving daughter of the deceased.

      Legal Heir Certificate Delhi Format

      There isn’t a universally prescribed format for a legal heir certificate in Delhi. The format might slightly differ depending on the issuing authority (District Court or Taluk/Tahsildar office). However, it will generally include the following details:

      • Issuing Authority: Name and emblem of the issuing government office.
      • Certificate Title: “Legal Heir Certificate” prominently displayed.
      • Details of Deceased: Name, Date of Death, and Residential Address.
      • Legal Heirs: This section will list all legal inheritors. For each heir, it should specify:
        • Full Name
        • Relationship to the deceased (e.g., Son, Daughter, Spouse)
        • Address (optional)
      • Issuance Details: Date of issuance and certificate number for reference.
      • Authorised Signature: Signature and designation of the issuing officer.

      Critical Information that is needed for Legal Heir Certificate in Delhi 

      The following is a list of the essential information that must be known about the deceased person for a legal heir certificate online in Delhi:

      • The deceased individual’s first name
      • Information on the individual members of the family
      • The signer’s signature on the application
      • The date the application was submitted
      legal heir certificate delhi format
      Legal heir certificate delhi format

      The Steps that need to be taken to Apply for a Residential Address

      The application procedure that must be adhered to get an online legal heir certificate in Delhi is outlined in the following paragraphs. The only persons qualified to apply for this certificate are the rightful heirs of the deceased once they have obtained a copy of the death certificate.

      Step 1: You first need to go to the office of the taluk or tahsildar.

      The applicant is obligated to get in touch with the Taluk or Tahsildar office that is situated nearest to them to complete the application process. Additionally, the applicant can submit their request for the certificate to a District Civil Court located in the surrounding area.

      Step 2: You will now be given the application to fill out.

      It is the responsibility of the applicant to get the application form from the entity that is responsible for handling the subject.

      Step 3: Complete the Form with the Necessary Information

      The subsequent step for the potential worker is to fill out the employment application with all of the required information.

      Step 4: The documents should be attached.

      The prospective applicant must attach all of the essential supplementary documents that are required to the application form.

      Step 5: The application must next be submitted

      The authority in charge of the situation requires the potential candidate to hand over the application form after it has been filled out in its entirety.

      Step 6: Process of Verification.

      After the application has been submitted for the legal heir certificate in Delhi online, the local tax officials and the administrative authorities of the village will check it to ensure that it is complete and accurate.

      Step 7: The issuance of the certificate is the seventh stage.

      The applicant will be eligible to get the certificate if they have shown that they have completed all of the requirements.  In Delhi, the fee for obtaining a legal heir certificate is approximately ₹100 to ₹500, depending on various factors. To obtain a legal heir certificate, a nominal fee involving a Rs. 2 stamp and Rs. 20 for stamp paper is required. 

      How to Get a Succession Certificate in Delhi

      Acquiring a succession certificate in Delhi involves a more formal procedure compared to a legal heir certificate. Here’s a guide to help you navigate the process:

      Initial Steps

      1. Jurisdiction:  The first step is to determine the appropriate court for filing your petition. This depends on where the deceased resided at the time of death or where their assets are located. Delhi has several district courts, so choose the one with the relevant jurisdiction.
      2. Petition: You’ll need to file a petition under Section 372 of the Indian Succession Act. This petition should include details like:
        • Your information (name, address)
        • Relationship to the deceased
        • Details of the deceased (name, date of death)
        • A list of the deceased’s assets (bank accounts, property, etc.)

      Documents Required

      • Death Certificate (Original): Proof of the deceased’s passing.
      • Legal Heir Certificate (if available): While not mandatory, having this can strengthen your claim.
      • Proof of Relationship: Documents like marriage certificate (for spouse), birth certificate (for children), etc., to establish your connection to the deceased.
      • Identity and Address Proof: Aadhaar Card is preferred, but other government-issued IDs are also accepted (Voter ID, PAN Card, Passport, Driving License) for both you and the other legal heirs.
      • Affidavit: You might need a sworn statement on a non-judicial stamp paper regarding the details of the petition.
      • No Objection Certificate (if applicable): In some cases, if other legal heirs are not applying, you might need a No Objection Certificate (NOC) from them.

      By now you must have understood the importance of legal heir certificates and the detailed process to obtain the legal heir certificate in Delhi. It is one of the few important documents that make it easier for the survivors of a deceased person to stake claim over the assets and properties. 

      Understanding the legal aspects of real estate and properties can be a tough task for many people; hence taking expert help is the best way to tackle any issues you might be facing. NoBroker has some of the most experienced and well-known lawyers and real estate experts that have helped many property owners in India. If you are interested in consulting our real estate law experts, please leave a comment below this article; our executives will be in touch with you soon.

      FAQs

      Q: What is a legal heir certificate document in India?

      Ans: A legal heir document is a government-attested document that states which persons are heirs of a deceased person in India. 

      Q: How and why is a legal heir certificate in Delhi important?

      Ans: A legal heir certificate in Delhi is important because it can be used to stake claim over the assets of a deceased person. Without a legal heir certificate, no family member can sell an asset of a deceased relative.

      Q: Can you avail legal heir certificate in Delhi offline?

      Ans: Yes, you can avail of a legal heir certificate in Delhi by visiting the Tahsildar office and submitting the relevant documents. 

      Q: Do children of a deceased person need a legal heir certificate to sell assets of their parents in India?

      Ans: Yes, children may need a legal heir certificate before selling any assets of their deceased parents. 

      Q5: How long does it take to get a succession certificate in Delhi?

      Ans: The timeframe can vary from 5 to 7 months, depending on the case’s complexity and court workload.

      Ap Land Records – Online Viewing of Land Records in Andhra Pradesh

      Ap Land Records – Online Viewing of Land Records in Andhra Pradesh

      As the world moves online, the Andhra Pradesh government has digitised AP land records, which can be accessed through the Meebhoomi site, to make searching for them more accessible and more comfortable. Property owners can use the meebhoomi ap land records to look for land ownership, Bhulekh documents, and other pertinent facts. Property owners can also get the passbook, commonly known as an ownership certificate, from Meebhoomi with a single click. The AP government has employed multiple online portals like Meebhoomi to make land and other property purchase, sale and registration processes as smooth as possible. Let’s understand how simplified the land records deposition and access have become:

      What is Meebhoomi – AP Land Records

      meebhoomi ap land records
      (The portal allows users to download the soft copies of the land information as well the Record to Rights (ROR))

      The Meebhoomi portal is a database of the AP land records online. The citizens of Andhra Pradesh may retrieve all land-related documents in the form of this internet platform. The Andhra Pradesh government created the Meebhoomi, a digital storehouse of land records, in June 2015 to make plot data like AP survey and land records, AP land registration document number search and AP revenue department land records available online and accessible to the public. Citizens can now find the following information on the Meebhoomi portal:

      • Details about the landowner
      • Area, evaluation
      • Providing an electronic passbook of your Meebhoomi account
      • Source of water, soil type
      • The nature of land ownership
      • Liabilities
      • Tenancy
      • Details on the cropping
      • Land ownership linking with the Aadhaar card

      Landowners can also use the portal to download land information and records of rights (ROR). Meebhoomi Adangal 1-B are the local names for the same. You can also view the map of lands along with the AP land registration details on the Bhunaksha AP website i.e. at https://bhunaksha.ap.gov.in/

      Dharani portal AP is yet another platform set up by the AP government as an integrated land record management system.

      AP Land Registration Documents Online

      Follow the below steps to register a property in the state of Andhra Pradesh:

      • Visit the website http://registration.ap.gov.in/ 
      • Click on ‘Prepare Your Own Document’ on the website’s home page
      • Put in your Aadhaar number of the seller to input the details
      • Click on ‘save and continue’
      • Enter the Aadhaar number of the buyer to get the details 
      • Hit the ‘continue’ button
      • Enter the consideration value, the local body type, the district of registration, and the local sub-registrar’s office
      • Click on the ‘Add schedule of the property to be registered’
      • Enter the required details and hit ‘add payment details’
      • Enter the required details of the sub-registrar’s office for the registration of the property online

      Find AP Land Registration Records Online

      Since you’re a property buyer, you must confirm the validity of the seller’s paperwork by searching the online land records of Andhra Pradesh. This will include prior registration details as well as the information of the property you are seeking to acquire. Here’s how you can do it:

      Step 1: Go to the Andhra Pradesh Registration Department’s website. 

      Step 2: You’ll be sent to the Registration Data website, where you may look up the registration AP details for layout plans and units.

      ap land registration records online
      AP land registration records online

      Step 3: To get the land registration IS in AP, enter the district, Mandal, Village, survey number, and plot number.

      Step 4: Press the submit button. The outcomes will be shown on the screen.

      Now Log on to the MeeSeva online portal https://onlineap.meeseva.gov.in/CitizenPortal/UserInterface/Citizen/Home.aspx to obtain a certified copy of the registration AP document.

      You will receive a copy of the registration AP that was completed at the SRO. This certificate serves as a supporting document that assists individuals in resolving any legal issues concerning land and property.

      Adangal – AP Pahani Records for Land

      Adangal, also known as Pahani, is a vital revenue record that contains information on landowners, such as contact information, area evaluation, water rate, soil composition quality, nature of land possession, liabilities, tenancy, and crops cultivated.

      Landowners in Andhra Pradesh may readily obtain information about their property by visiting the official Mee Bhoomi website. In addition, landowners can also monitor the progress of their Village 1B and Village Adangal on the Mee Bhoomi website at any time.

      Landowners can view the status of their land records and make any necessary adjustments before reporting it to the Mandal Revenue Officer (MRO) or Mee Seva Kendra.

      Here is How you can Check and Download the AP Pahani Records of land 

      • Step 1: Go to the official website, i.e., www.meebhoomi.ap.gov.in, and you will see the official website page.
      • Step 2: Now, click on the Adangal option in the main menu bar. ‘Your Adangal’ or ‘Village Adangal’ are the options available to the landowner. The record will be downloaded by selecting one of the alternatives.
      • Step 3: Now, on the app, enter the Survey number, Account number, or Aadhar number.
      • Step 4: Select the District, Mandal, and Village names from the drop-down menus, and then input the land details with document number.
      ap pahani records of land
      AP pahani records of land
      • Step 5: Finally, input the Captcha code at the bottom of the application and click submit. After completing all of these procedures, a pop-up message displays the Mee Bhoomi AP Adangal’s information.  

      Survey Settlement & Land Records Andhra Pradesh

      In 1971, the Survey and Land Records Department was reformed to create District Survey & Land Records Offices and Regional Deputy Directors as supervisory positions to streamline land record management and provide better services to the public. According to the requirements of the AP Estates (Abolition & Conversion into Ryotwari) Act, 1948, the Settlement Department was established in 1949. Commissioner Settlements, Surveys, and Land Records was dissolved by G.O.Ms.No. 59 Revenue (D) Dept., Dt. 21.1.1999, his responsibilities were transferred to the Commissioner of Land Revenue, who was renamed Chief Commissioner of Land Administration.

      CCLA Land Records AP

      The commanding officer in charge of the Department of Surveys, Settlements, and Land Records, is the Chief Commissioner of Land Administration (CCLA). The Commissioner and Director of Survey, Settlement, and Land Records serves as the ex-officio Secretary and is responsible for the following legislations:

      • The 1923 Survey and Boundaries Act (Andhra Area) 
      • The Estates (Abolition and Conversion into Ryotwari) Act of 1948 was enacted to abolish estates and convert them to Ryotwari.
      • 1969 (1/69) Mahals (Abolition and Conversion into Ryotwari) Regulation
      • Ryotwari Settlement Regulation, 1970 (2/70) Scheduled Areas In Annexure-I, the original surveys and resurveys dates are listed.

      Resurveys are required to be done every 40 years, according to the AP Survey Manual. On the other hand, Resurveys are not carried out as stipulated in the Manual due to their high cost, time commitment, and a variety of other factors. Therefore, the dates of the first and revision/resurvey surveys were done district by district.

      Many communities’ records haven’t been updated since survey activities were done some decades ago. Much of the document has been lost or is in a tattered, brittle, or disintegrating state. The majority of the paper record is fragile. Annexure III details the land record availability and digitalisation status.

      The Survey Department is responsible for the following tasks:

      • Undertaking regular survey activities to keep the Land Records up-to-date includes measuring, mapping, and integrating new subdivisions into the government’s perpetual land demarcation/survey. 
      • Survey Records at the Village, Mandal, District, and State Level
      • On the landowners’ request and upon payment of the appropriate fee, the borders of private property are demarcated.
      • Subdivision of Patta lands at the demand of private entities for a fee and allocation and Land Acquisition work on government properties.
      • Certified copies of survey records, such as FBMs and the Re-Settlement Register (RSR) / Diglot Register, are provided on payment of a fee.

      Important Links:

      1B Land Records Andhra Pradesh

      Follow the steps below to download the 1B Land Records Andhra Pradesh online:  

      • Step 1: On the Mee Bhoomi app, click on the 1B option in the menu bar and select the download option either for personal 1B or Village 1B.  
      land records andhra pradesh
      Land records andhra pradesh
      • Step 2: Select the documents like Survey number, Aadhar number, Account number, etc.
      • Step 3: Select District name and Mandal name from the list. 
      • Step 4: Select the Village name and enter the document number. 
      • Step 5: Enter the Captcha Code visible on the screen and press the submit button.   
      • Step 6: You will then see a pop-up message on the screen along with the details of your 1B. 

      MeeBhoomi Adangal vs. ROR 1B: Understanding the Difference

      MeeBhoomi Adangal AP and ROR 1B are two distinct documents used for land records and property ownership in Andhra Pradesh. Here’s a breakdown of the key differences between the two:

      Nature of Information

      • MeeBhoomi Adangal: Adangal is primarily focused on agricultural aspects of land. It records crop details, land usage, and related agricultural information. It is maintained by the Village Administrative Officer.
      • ROR 1B: ROR 1B, on the other hand, is more comprehensive and deals with property ownership. It contains crucial information about the property, including the owner’s name, ownership history, land size, and other relevant ownership-related data.

      Purpose

      • MeeBhoomi Adangal: Adangal is primarily used by farmers and individuals involved in agricultural activities. It helps in managing and verifying crop-related information, tenancy details, and agricultural land use.
      • ROR 1B: ROR 1B serves a broader purpose as it is a crucial document for property owners. It provides a comprehensive overview of the property’s ownership history and other legal details, making it essential for property transactions and legal matters.

      Focus

      • MeeBhoomi Adangal: The primary focus of Adangal is on agriculture and crop-related details, making it more relevant for farmers and those dealing with agricultural land.
      • ROR 1B: ROR 1B focuses on property ownership and legal aspects, making it essential for all property owners, whether their land is used for agriculture or other purposes.

      Authority

      • MeeBhoomi Adangal: Adangal is maintained and updated by the Village Administrative Officer (VAO) or the local revenue authorities responsible for agricultural land records.
      • ROR 1B: ROR 1B is a government-issued document that provides a legal record of property ownership. It is maintained by the revenue department and is often used for land-related legal proceedings.

      How to Conduct AP Land Survey Records Search Online?

      To search for land records:

      1. Go to www.meebhoomi.ap.gov.in.
      2. From the Adangal option on the main menu bar, choose Adangal or Village Adangal. The owner’s name, account number, survey number, Aadhaar Card information, district name, village title, document type, and Captcha Code should all be provided.
      3. Tap on the “Click” button.

      MeeBhoomi Portal Features: A Comprehensive Guide to Online Land Registration Verification in Andhra Pradesh

      Here are the key features of MeeBhoomi, explaining how to check land registration online in AP:

      • Land Conversion Details: MeeBhoomi offers comprehensive information regarding land conversion, enabling property owners to stay updated on any changes to their land’s status.
      • AP 1-B Land Record Information: Users can easily access AP 1-B land records through the portal, gaining insights into property boundaries and land classifications.
      • Soil and Water Source Data: MeeBhoomi provides valuable data on the type of soil and the source of water for a specific land parcel, aiding in informed decision-making.
      • Crop Details: This feature allows users to access information about crops grown on their land, helping farmers make strategic choices about their agricultural activities.
      • Tenancy Information: Property owners can verify tenancy details through MeeBhoomi, facilitating the management of rented or leased lands.
      • Patta Names and Patta Passbook: The portal offers access to Patta names and Patta passbooks, essential documents for landowners in Andhra Pradesh.
      • Patta Passbook Statistics: MeeBhoomi compiles and presents statistics associated with Patta passbooks, aiding in financial planning and land-related transactions.
      • Aadhaar Card Integration: Users can link their Aadhaar cards with their land records, enhancing the security and accuracy of property ownership details.
      • Land Surveying and Risk Assessment: MeeBhoomi supports land surveying and risk assessment, assisting property owners in understanding the state of their land and potential risks.
      • Landlord and Property Owner Registry: The portal maintains a comprehensive list of landlords and property owners in each village, promoting transparency in property ownership.
      • KYC Details: MeeBhoomi goes a step further by providing Know Your Customer (KYC) details of property owners, aiding in identity verification and property-related transactions.

      Link Aadhaar Card to AP Land Records with Survey Numbers Via MeeBhoomi

      On the Meebhoomi site, you may link or verify if your Aadhaar card is linked to your land and account number.

      Step 1: Go to www.meebhoomi.ap.in and go to the top menu and choose ‘Aadhaar/other identities.’

      link aadhaar card to ap land records with survey numbers
      Link aadhaar card to ap land records with survey numbers

      Step 2: Select the very first option, ‘Aadhaar Linking,’ to link and verify if your Aadhaar number is connected to the account number. Include the district, zone, Village, and account number/Aadhaar number.

      If you don’t see any data, your aadhaar is likely not linked to the Andhra Land Records Meebhoomi account.

      Step 3: Now, under the menu bar, choose Aadhaar Seeding. A form similar to the one shown below will appear:

      link aadhaar card to ap land records
      Link aadhaar card to ap land records

      Step 4: Next, input your Aadhaar number, as well as other information like the Zone Name, Village Name, Account Number, and District Name.

      Step 5: Finally, type the code into the box.

      Step 6: To link your Aadhar to Meebhoomi Andhra Pradesh Land Records, click the “Click” button.

      The Andhra Pradesh government has begun the ‘YSR Jagananna Saswatha Bhoomi Hakku-Bhoomi Rakshana,’ resurvey of the land – all across the province with the goal of granting stable property rights and paving the path for landholdings that are clear of disputes. The government will conduct the resurvey utilising contemporary technologies. The state administration has signed an MoU with the Survey of India to guarantee openness. The survey will be done in three phases over a total area of 1.26 lakh sq. km. comprising 17,000 villages. In the first phase, about 5,000 villages would be reached, while the second phase will span over 6,500 villages. In the third stage, the remaining 5,500 settlements will be inspected. For more such details keep reading The NoBroker Times.

      How to get your hands on Land records in Andhra Pradesh – A comprehensive guide

      If you’re a property owner or just looking to buy property in Andhra Pradesh, it’s important to have access to all the information you need to make an informed decision. One of the most important pieces of information is the land records. Whether you’re looking to verify the ownership of a piece of land, or just to know the details of your own property, getting your hands on the land records can be a confusing and time-consuming process. But don’t worry, we’ve got you covered!

      How to get old land records in Andhra Pradesh

      One of the best ways to get access to the land records in Andhra Pradesh is through the AP Meebhoomi 1b portal. This portal is the official repository of all land records in the state and provides a simple and straightforward way to access the information you need. Here’s what you need to do to get your hands on old land records in Andhra Pradesh:

      • Visit the AP Meebhoomi 1b portal (https://ap.meebhoomi.ap.gov.in/)
      • Click on the View Land Records (ROR) option
      • Enter the required details, including the district, mandal, village, and survey number
      • Check the details of the property, including the owner’s name and the area of the land

      At a glance: How to get old Land Records in Andhra Pradesh

      ParametersDetails
      Required Documents– ID Proof or Revenue Record (Jamabandi) copy
      Verification MethodPhysical Verification of Property by Revenue Officials
      FeesINR 10 per page for a copy of land records
      Processing Time3-5 working days
      AvailabilityAP Meebhoomi Portal, Revenue Offices

      It’s as simple as that! With just a few clicks, you can access the land records you need to make an informed decision about your property.

      How to get RSR copy Online in Andhra Pradesh

      In addition to accessing the land records through the AP Meebhoomi 1b portal, you can also get an RSR copy of your land records online. The RSR records AP (Record of Rights, Tenancy and Crops) copy is a comprehensive record of all the information related to your property, including ownership details, area of the land, and the crops grown on the land. Here’s what you need to do to get an RSR copy of your land records online in Andhra Pradesh:

      • Visit the AP Meebhoomi 1b portal (https://ap.meebhoomi.ap.gov.in/)
      • Click on the View Land Records (ROR) option
      • Enter the required details, including the district, mandal, village, and survey number
      • Click on the Download ROR option to download a copy of your RSR records

      At a glance: How to get RSR copy online in Andhra Pradesh

      ParametersDetails
      Required Documents– ID Proof or Document Number or Survey Number
      Verification MethodOnline Verification by AP Meebhoomi Portal
      FeesINR 10 per page for a copy of RSR records
      Processing TimeImmediate
      AvailabilityAP Meebhoomi ROR Portal

      It’s that simple! With just a few clicks, you can get a comprehensive RSR copy of your land records and have all the information you need at your fingertips.

      How to Check House Registration Details in AP

      When buying or selling a property, it’s important to verify the ownership details of the property. This can be done by checking the house registration details in AP. Here’s what you need to do to check the house registration details in AP:

      • Visit the AP Meebhoomi 1b portal (https://ap.meebhoomi.ap.gov.in/)
      • Click on the View Adangal/1B/Ts Form option
      • Enter the required details, including the district, mandal, village, and survey number
      • Check the ownership details of the property, including the owner’s name and the area of the land

      At a glance: How to check house registration details in AP

      ParametersDetails
      Required Documents– ID Proof of the House Registration Number
      Verification MethodOnline Verification by AP Meebhoomi Portal
      FeesNil
      Processing TimeImmediate
      AvailabilityAP Meebhoomi Portal

      With these steps, you can easily verify the ownership details of any property in Andhra Pradesh and make an informed decision when buying or selling a property.

      Tying the Real Estate Property Registration knot Tightly!

      We hope this blog has served as a helpful guide for all your real estate and property registration needs in Andhra Pradesh. From old land records to house registration details, we’ve covered it all!

      At NoBroker, we understand the importance of proper documentation and transparency in the real estate industry. That’s why we also offer home loan services to help you navigate the financial side of buying a property. Whether you’re a first-time buyer or an experienced real estate investor, our team of experts will assist you every step of the way.

      So, if you’re looking for a hassle-free, efficient, and transparent real estate experience, look no further. With NoBroker, you can trust that your real estate rodeo will be a smooth one.

      FAQ’s

      Q: What is the crucial information found in a Land Record?

      Ans: The vital information in a Land Record includes registered sales, the record of rights, details of the property, etc. All this is available and can be accessed through the Me Bhoomi app. 

      Q: What is the importance of Land Records?

      Ans: The land records help Land Boards to manage land effectively. You can access all information related to land through the Mee Bhoomi app. Download the app now and get access to every document related to land. 

      Q: How do I register my phone number to 1B?

      Ans: 1. For additional information, go to the official website and go to the Aadhar/other identities option on the home page.
      2. From the drop-down box, choose a mobile number linking based on the identity document.
      3. Select District, Zone, and Village on the new page.
      4. Type the captcha code into the box. Then, from the drop-down option, choose to Get Details.

      Q: In Meebhoomi, what are digitally unsigned records? 

      Ans: The recordings that have not been digitally signed are indicated in red. These records must always be digitally signed before they may be authorised. When you hit the ACCEPT button upon approval, the Webland system will verify the presence of a digital signature for all survey/subdivision numbers of a specified Khata number. If any survey/subdivision numbers do not have a digital signature, the Webland System will reject the request. It will display every unsigned survey/sub-division number in the notification custom message.

      Q: What is ROR 1B in Andhra Pradesh?

      Ans: ROR 1B includes all the information regarding the land property and history of the landholders. This document is essential as it is the indicator of the legal status of the property.

      Q: What is AP Survey Number Search?

      Ans: AP Survey Number Search is a method to locate specific land parcels in Andhra Pradesh based on their unique survey numbers.

      Q: How to check house patta online?

      Ans: To check house patta online, visit the official Meebhoomi website, enter the required details such as district, mandal, village, and survey number, and access ownership details instantly.

      Q: How to download registration document in AP?

      Ans: To download registration documents in Andhra Pradesh, visit the official website and follow the steps provided for online document retrieval.

      Structure Stability Certificate: Ensuring Building Safety

      Structure Stability Certificate: Ensuring Building Safety

      Are you planning to purchase an existing property or have concerns regarding the stability of your building? In this blog, we will help you understand the importance of structural stability certificates and the requirements for obtaining them. Read on to learn how NoBroker can assist you in your property journey.

      What is a Structural Stability Certificate? 

       Structure Stability Certificate
      Structural Stability Certificate – Ensuring Your Building’s Safety

      A structural stability certificate is an essential document that certifies the stability of a building’s structure. It is a vital requirement during the purchase, sale, and renovation of properties. The certificate confirms that the building’s structural elements are stable, secure, and safe for occupation.

      To obtain a structural stability certificate, the building’s owner must hire a qualified structural engineer or architect to perform a structural assessment. The assessment is conducted to evaluate the building’s load-bearing capacity, potential structural weaknesses, and overall stability.

      The engineer or architect then prepares a structural stability certificate, which includes details such as the building’s age, location, and construction materials. It also outlines the structural assessment findings and the recommendations for necessary repairs and maintenance, if any.

      Benefits of Structure Stability Certificates

      1. A Structural Stability Certificate can help ensure your building is safe to reside in–

      One of the primary benefits of obtaining a structure stability certificate is the assurance of safety that it provides. By assessing the structural stability of a building, any potential risks or hazards can be identified and addressed before they become a threat to occupants.

      2. It can help ensure your building is not in violation of legal regulations– 

      In many jurisdictions, obtaining a structure stability certificate is a legal requirement for buildings of a certain size or age. By obtaining this certificate, building owners can ensure that they are in compliance with local regulations and avoid potential legal issues.

      3. A structure stability certificate can help get your building a better resale value–

      A structure stability certificate can add value to a property, especially when it comes time to sell. Prospective buyers are likely to be more interested in properties that have been assessed for structural stability, as it provides an added level of assurance that the property is safe and well-maintained.

      Structural Stability Certificate Requirements [How to Obtain?]

       Structure Stability Certificate
      credits: pixabay.com Obtaining a Structural Stability Certificate – Ensuring Building Safety

      To obtain a structural stability certificate, the building owner must hire a qualified structural engineer or architect to conduct a structural assessment. The assessment includes a thorough evaluation of the building’s foundation, walls, beams, columns, and other structural components.

      The engineer or architect then prepares a detailed report of the assessment findings, which includes the building’s age, construction materials, and load-bearing capacity. The report also outlines any necessary repairs or maintenance work required to ensure the building’s structural stability.

      Once the report is complete, the engineer or architect issues the structural stability certificate. The certificate must be renewed periodically to ensure that the building remains structurally sound.

      Documents Required to Obtain a Structure Stability Certificate

      To obtain a Structural Stability Certificate, the following documents are typically required:

      • Building plans and structural drawings
      • Building completion certificate
      • Occupancy certificate
      • Building inspection report
      • Soil test report
      • Architect’s or engineer’s certificate

      The Structural Stability Certificate is issued by a qualified structural engineer or architect who has inspected the building and deemed it structurally safe and stable. The engineer or architect will conduct a thorough inspection of the building’s structural elements, such as its foundation, walls, columns, beams, and roof, to ensure that they meet the necessary safety and stability standards.

      It is important to note that the specific requirements for obtaining a Structural Stability Certificate may vary depending on the local building codes and regulations in the area where the building is located. It is best to consult with a qualified engineer or architect who is familiar with the local building codes and requirements to ensure that all necessary documents are provided for obtaining the certificate.

      Cost of Obtaining a Structural Stability Certificate 

       Structure Stability Certificate
      credits: pixabay.com Structural Stability Certificate Cost – A Small Price for Your Building’s Safety

      The cost of obtaining a structural stability certificate varies depending on the size, location, and complexity of the building. It also depends on the qualifications and experience of the engineer or architect hired to conduct the assessment.

      However, the cost of obtaining a structural stability certificate is a small price to pay compared to the potential costs of property damage, injuries, and even loss of life resulting from structural failures. It is a necessary investment in your building’s safety and security.

      Factors Affecting the Cost of Structure Stability Certificates:

      Size and Complexity: The size and complexity of a building can have a significant impact on the cost of obtaining a structure stability certificate. Larger buildings or those with more complex structures will require more extensive assessments and may take longer to complete, leading to higher costs.

      Age and Condition: The age and condition of a building can also affect the cost of obtaining a structure stability certificate. Older buildings or those in poor condition may require more extensive repairs or upgrades to meet safety standards, leading to higher costs.

      Location: The location of a building can also affect the cost of obtaining a structure stability certificate. Buildings in areas with higher labour or material costs may require more expensive assessments or repairs, leading to higher overall costs. Additionally, buildings in areas with more stringent safety regulations may require more extensive assessments, driving up costs as well.

      Format of Structural Stability Certificate

       Structure Stability Certificate
      Image Credits: pdffiller.com Structural Stability Certificate Format – What to Expect

      The format of a structural stability certificate includes the building’s location, age, and construction materials. It also outlines the structural assessment findings, including any necessary repairs or maintenance work required to ensure the building’s structural stability.

      The certificate must also include the engineer’s or architect’s qualifications and experience, as well as their contact information. It is essential to ensure that the certificate complies with the local building codes and regulations.

      Structural Stability Certificate Format for Existing Buildings

      A Structural Stability Certificate Format for Existing Buildings is a document that certifies that a building’s structural stability meets the required safety standards. It is required when a building undergoes major renovations, changes in occupancy or use, or when it reaches a certain age. 

      The certificate includes information about the building’s structural design, materials used, and the safety factors involved. 

      The certification process involves a structural engineer or a licensed professional inspecting the building and conducting a detailed analysis of its structural components, including foundation, framing, walls, and roof. The certification ensures that the building is safe for use and that it can withstand potential natural disasters or unforeseen circumstances that may put the building’s structural integrity at risk.

      What are the requirements for obtaining a certificate for an existing building?

      To obtain a structural stability certificate for an existing building, one needs to hire a structural engineer or a licensed architect. The engineer or architect will inspect the building and assess its structural integrity. 

      Based on their findings, they will prepare a detailed report that includes recommendations for any repairs or improvements that are necessary to ensure the building’s structural stability. The report must also include calculations and drawings that demonstrate the building’s structural soundness.

      How is the certificate format different from a new construction certificate?

      The format of a structural stability certificate for an existing building is different from that of a new construction certificate because it takes into account the existing structure’s condition. 

      Unlike a new construction certificate, which verifies that a building has been constructed according to approved plans and meets building codes and safety standards, an existing building certificate assesses the building’s current condition and identifies any deficiencies that may pose a risk to its structural integrity. 

      The certificate format for an existing building includes detailed information about the building’s existing structure, any repairs or improvements that are needed, and the engineer or architect’s recommendations for ensuring the building’s structural stability.

      What information is included in the structural stability certificate for existing buildings?

      The structural stability certificate for an existing building includes detailed information about the building’s existing structure and the engineer or architect’s assessment of its condition. 

      The certificate typically includes a detailed report with calculations and drawings that demonstrate the building’s structural soundness, as well as recommendations for any repairs or improvements that are necessary to ensure the building’s stability. 

      The certificate also includes information about the engineer or architect who prepared the report, their professional credentials, and any other relevant information about the inspection and assessment process. Additionally, the certificate should include the date of issuance, the building’s address, and any other relevant identifying information.

      Building Structural Stability Certificate Format

      When it comes to a building structural stability certificate, it is crucial to ensure that the format is correct. The certificate must contain all the necessary information, such as the building’s address, the name of the owner, the name of the structural engineer who carried out the inspection, the date of the inspection, and the findings of the inspection. It must also include the engineer’s seal and signature to make it official.

      It is recommended to use a standardised template for building structure stability certificates to ensure that all necessary information is included. This can help avoid any confusion or misunderstandings that may arise in the future.

      Building Stability Certificate vs. Structural Stability Certificate

      There is often confusion between building stability certificates and structural stability certificates. While both certificates relate to a building’s stability, they are not the same.

      A building stability certificate is a document that certifies that a building has been constructed according to the approved plans and that it meets all the necessary building codes and regulations. On the other hand, a structural stability certificate certifies that a building’s structure is sound and meets the required safety standards.

      It is essential to obtain both certificates to ensure that a building is safe and meets all necessary requirements.

      How Can NoBroker Help?

      NoBroker Legal Services is a one-stop solution for all your legal needs related to real estate. In the case of obtaining a structural stability certificate, NoBroker Legal Services can assist you with the entire process. They can provide you with a team of experienced lawyers who specialise in property law and can guide you through the legal formalities involved in obtaining the certificate. 

      NoBroker Legal Services can help you understand the requirements for obtaining the certificate and ensure that all the necessary documentation is in order. Additionally, they can also help you with the registration process and any other legal formalities involved. With NoBroker Legal Services, you can be assured of a hassle-free experience in obtaining your structure stability certificate.

      A structural stability certificate attests to the building’s structural soundness and safety. It is necessary to obtain a structural stability certificate for new constructions and existing buildings to ensure that they meet all necessary safety requirements. 

      By hiring a qualified and licensed structural engineer and following the required procedures, property owners can obtain a structural stability certificate and ensure that their buildings are safe for occupants.

      Remember, obtaining a structural stability certificate is not only essential for safety but also for legal compliance. So, if you are a property owner or a buyer, make sure to obtain a structural stability certificate to ensure that the building is safe and meets all requirements.

      Frequently Asked Questions

      Q1. What is a Structural Stability Certificate, and why do I need it for my existing building?

      Ans. A Structural Stability Certificate is a document that certifies the safety and stability of an existing building’s structure. It is required by law in many jurisdictions to ensure that the building meets safety standards and can withstand natural disasters such as earthquakes and hurricanes.

      Q2. How long does it take to obtain a Structural Stability Certificate for an existing building?

      Ans. The time it takes to obtain a Structural Stability Certificate for an existing building may vary depending on various factors such as the size of the building, the complexity of the inspection and assessment, and the jurisdiction. It is best to contact a licensed structural engineer or architect to get an estimate of the timeline.

      Q3. Do I need a Structural Stability Certificate for my building if it has been recently renovated?

      Ans. Yes, even if your building has undergone recent renovations, it is still necessary to obtain a Structural Stability Certificate to ensure that the changes made to the building have not compromised its structural integrity.

      Q4. How often do I need to renew my Structural Stability Certificate for my existing building?

      Ans. The frequency of renewing a Structural Stability Certificate for an existing building may vary depending on the jurisdiction, but generally, it needs to be renewed every few years or after any significant changes to the building’s structure.

      Q5. What happens if my building does not meet safety and stability standards after the inspection?

      Ans. f your building does not meet safety and stability standards after the inspection, the licensed structural engineer or architect will provide recommendations for the necessary repairs or improvements to bring the building up to code.

      Relinquishment Deeds: Format, Registration 2024

      Relinquishment Deeds: Format, Registration 2024

      When it comes to transferring property rights to a nominee, a Relinquishment Deed is crucial, especially in cases where the owner passes away without leaving a will. Such a deed is specifically for inherited properties and can only be transferred to legal heirs like siblings, children, or parents. It’s advisable to enlist the expertise of a competent lawyer to ensure the deed’s validity and prevent potential challenges. The registration process takes place at the sub-registrar office, with fees including registration fees and stamp duty varying depending on the state or union territory.

      What is the Meaning of a Relinquishment Deed?

      A relinquishment deed refers to a legal document in which a property holder releases or transfers his or her legal right of property to someone else. In this, the legal right of property is given up by the owner to another person. Since it is a legal document, the property relinquishment deed needs to be carried out carefully and registered following the governing laws and the compliances. A good property lawyer and consultant are required for the proper execution of a relinquishment deed and compliance. 

      To register a relinquishment deed, after drafting the deed, necessary documentation is required. The person giving up the legal rights to his or her property is referred to as the executant, and the person receiving the property is called a nominee. Both the executant and the nominee must be physically present at the registrar’s office to register a relinquishment deed. It is considered valid only when the recipient agrees to accept the rights of ownership of property.

      When is a Relinquishment Deed Created? 

      A relinquishment deed needs to be created when the owner of a property dies without making a will, and the legal heir of the property decides to give up the legal rights of the property to a co-sharer or a co-owner. It is important to note that a relinquishment deed cannot be registered in the name of any other third person. The person in whose name the deed is being done needs to have a share in the property. Only the inheritor can transfer the property.

      Who Can Create a Relinquishment Deed?

      A relinquishment deed can be created by a person who has a share in the inherited property. In other words, a co-sharer of the property can relinquish their right to the property in favour of another co-sharer of the property. This includes the person’s children, mother, father, sister, and brother. A property cannot be relinquished in a third person’s name.

      Why is it Necessary to Register a Relinquishment Deed?

      It is compulsory to register a relinquishment deed to make the transferring of rights of property valid legally. This is governed by Section 17 (1) b of the Registration Act, 1908. This act serves as a tool to validate the transfer of the right of immovable property to the other co-owner. This legalises the process of transfer of property.

      Register a Relinquishment Deed
      Register a Relinquishment Deed

      Documents Required for Relinquishment Deed

      When preparing a relinquishment deed, it’s essential to have the necessary documentation to ensure a smooth and legally binding process. The following documents are typically required:

      • Identification Proof: Valid identification proof such as an Aadhar card, passport, or driver’s license of all parties involved in the relinquishment.
      • Property Documents: Original property documents, including title deeds and any previous transfer deeds.
      • No Objection Certificate (NOC): If applicable, a No Objection Certificate from other legal heirs or stakeholders indicating their consent to the relinquishment.
      • Stamp Paper: Non-judicial stamp paper of appropriate value, as per the stamp duty regulations of the respective state or union territory.
      • Affidavit: An affidavit affirming the voluntary nature of the relinquishment and stating that there are no pending legal disputes related to the property.
      • Passport Size Photographs: Recent passport-size photographs of all parties involved in the relinquishment.
      • Witnesses: The presence of two witnesses with their identification proofs for attesting the deed.

      What is the Sample Format for the Relinquishment Deed?

      The sample deed of relinquishment format is given below:

      RELINQUISHMENT DEED

      This deed of relinquishment draft is made and executed on this ___day of ________ by

      ________________, ______(relationship) of Late _________________ and _________________,

      ____________ of Late ___________________, residents of _________________________________ 

      _________________________________________________________, hereinafter called the 

      EXECUTANTS/RELEASORS

      IN FAVOUR OF

      ________________, _______ (relationship) of Late ___________________ hereinafter called the 

      Releasee.

      Whereas Late ________________ was a subscriber under the National Pension System with 

      PRAN ________________.

      Whereas the said Late ____________ died intestate and without nominating anyone to receive 

      the claim for withdrawal of accumulated pension wealth, leaving behind the following legal 

      heirs:-

      Sr no. / Name /Age/ Relationship / Address

      1.

      2.

      3.

      NOW THIS DEED WITNESSETH AS UNDER:

      The Executants/Releasers out of natural love and affection and without any monetary 

      consideration, hereby wish to release and relinquish their respective shares in the claim under 

      National Pension System, in favour of _________________, _____ (relationship) of Late 

      ________________, and hereby affirm and declare that they and their legal heirs shall have no 

      right, claim or interest in the said claim for withdrawal of accumulated pension wealth of Late 

      ________________ and same shall vest absolutely in the said _______________, 

      __________(relationship) of Late ________________, the Releasee.

      IN WITNESS WHEREOF the Executants/Releasers and the Releasee have signed this deed of

      relinquishment on this day, month, and year first mentioned above in the presence of the 

      following witnesses; –

      (A- _________________) (B-__________________) (C-__________________)

      (Executants/Releasers)

      Witnesses:

      Name/ Address/ Signature

      1. Witness 1
      2. Witness 2
      Sample Format for the Relinquishment Deed
      Sample Format for the Relinquishment Deed

      How to Register a Relinquishment Deed?

      First, a draft is made of the relinquishment deed on a stamp paper of Rs. 100. Be careful not to make any errors regarding details and spelling. Try to keep the language simple so that the deed is easily understood by the concerned parties. The deed will be registered in the sub-registrar office of the area in which the property is situated. All the concerned people need to be physically present to register the deed. Along with this, they must have all documentation prepared in advance before paying the registration fee. After the verification of the documents by the officials, the relinquishment deed can be collected in about a week. 

      What is the Difference Between a Relinquishment Deed and a Gift Deed?

      A relinquishment deed is done when an inherited property is being relinquished. In this case, the legal rights to the property are being relinquished, i.e., given up. Also, only a co-owner of the property can be the nominee. In some cases, compensation is also required. Whereas, on the other hand, in the case of a gift deed, the property doesn’t have to be an inherited property. As the name suggests, the property is being gifted from one person to another person. Any person can be the receiver of a gift deed. A gift deed doesn’t require any compensation. Read more about gift deeds from here.

      Can a Relinquishment Deed be Challenged or Revoked?

      Relinquishment deeds are not usually revoked. However, in some exceptional cases, the co-owner can revoke it. The cases include fraud by duping the co-owner use of force to make the agreement or misinterpretation of the documents by the person. If the other co-owner doesn’t agree to the cancellation of the deed, then the matter is resolved in civil court. It can be cancelled only within the first three years after the registration of the relinquishment deed.

      Relinquishment Deed
      Relinquishment Deed

      It is essential to register a relinquishment deed because an unregistered deed is not considered valid. When it comes to legal matters and paperwork, you have to be especially careful. So, to be on the safe side, always try to hire a professional. When forming a relinquishment deed, an experienced lawyer and consultant should be hired to avoid any errors and mistakes in the registration process. You can comfortably avail of these services from NoBroker by clicking below. NoBroker Legal Services provides an array of services related to property and paperwork. Apart from this, you can get services like home loans, home services like cleaning and painting, interior design and more.

      Frequently Asked Questions

      Q. Are there any notable case laws on relinquishment deeds that I should be aware of?

      Ans: Yes, several significant case laws on relinquishment deeds have shaped legal precedents regarding property rights and inheritance, providing valuable insights for property owners and legal practitioners alike.

      Q. What is the procedure for a relinquishment deed?

      Ans: The procedure for a relinquishment deed involves drafting the deed, obtaining necessary documentation, executing the deed in the presence of witnesses, and registering it at the sub-registrar office. It’s crucial to ensure all legal requirements are met for a valid relinquishment.

      Q. What is the significance of a draft of a release deed?

      Ans: A draft of the release deed serves as a preliminary document outlining the terms and conditions of releasing property rights. It helps ensure clarity and agreement between parties before the final deed is executed.

      Q. What is the significance of a draft of a relinquishment deed?

      Ans: The draft of the relinquishment deed serves as a preliminary version of the deed, outlining the terms and conditions of property transfer, ensuring clarity and mutual understanding between parties before finalisation.

      Q. How is a relinquishment deed different from a release deed?

      Ans. A relinquishment deed is a legal document that governs the transfer of legal rights of property from one co-owner to another. It can be formed with or without the consent of the involved parties. Whereas in the case of a release deed, it is required for both parties to consent to the relinquishment of rights. These terms are sometimes used interchangeably.

      Q. How to challenge a relinquishment deed?

      Ans. A co-sharer can challenge a relinquishment deed on a particular basis, such as if fraud was committed against them or they were forced to give their consent or misinterpretation of the person’s final document.

      Inheritance Tax in India: What You Need to Know?

      Inheritance Tax in India: What You Need to Know?

      Inheritance Tax is often considered one of the more complex and dreaded aspects of estate planning in India. Yet, understanding its nuances can save both you and your heirs significant sums of money in the long run. So, let’s dive into what IHT is, how it works, and what you can do to manage its impact on your estate.

      What is the Inheritance Tax in India?

      In India, Inheritance Tax refers to the tax levied by the government on the transfer of assets from a deceased individual to their heirs or beneficiaries. However, there is no specific nationwide Inheritance Tax in India.

      Historically, India did have an Estate Duty Act, which was in force from 1953 to 1985. This act imposed a tax on the estate of a deceased person, but it was abolished in 1985. Since then, there has been no direct inheritance tax at the national level.

      However, it’s important to note that certain indirect taxes may apply to inheritances in India:

      • Income Tax: Inherited assets may generate income, such as rent from property or interest from investments. Any income generated from inherited assets is subject to income tax in the hands of the recipient, based on the prevailing income tax rates and slabs.
      • Gift Tax: While there is no specific inheritance tax, India does have a Gift Tax Act. Any gifts received during one’s lifetime may be subject to gift tax if the value exceeds certain thresholds. However, there are exemptions and exclusions available under the Gift Tax Act, such as gifts received from relatives, gifts received on marriage, gifts received under wills, etc.
      • Wealth Tax (abolished): India used to have a Wealth Tax Act that imposed a tax on the net wealth of individuals and Hindu Undivided Families (HUFs). However, this tax was abolished with effect from April 1, 2015.
      • Stamp Duty: In certain states in India, there may be stamp duty payable on documents related to the transfer of assets, including inherited property or investments.

      It’s worth mentioning that some states in India have introduced their own laws related to inheritance and succession, such as the Hindu Succession Act for Hindus, the Indian Succession Act for Christians, and personal laws for Muslims. These laws govern matters of inheritance, succession, and wills within their respective communities.

      How Inheritance Taxes Are Calculated in India

      In India, there is no specific nationwide inheritance tax. However, certain indirect taxes and duties may apply to inheritances. Here’s how these taxes are typically calculated:

      • Income Tax on Inherited Assets: Any income generated from inherited assets, such as rent from property, dividends from shares, or interest from investments, is subject to income tax. The tax is calculated based on the income tax rates and slabs applicable to the recipient of the income. The recipient must declare the income from inherited assets in their income tax return and pay tax accordingly.
      • Gift Tax: While there is no specific inheritance tax, India has provisions for gift tax under the Income Tax Act. If an individual receives a gift of money or assets during their lifetime and the value exceeds certain prescribed limits, it may be subject to gift tax. The tax is calculated based on the value of the gift and the relationship between the donor and the recipient. However, certain exemptions and exclusions apply, such as gifts received from relatives, gifts received on marriage, gifts received under wills, etc.
      • Stamp Duty: In India, stamp duty is payable on certain documents related to the transfer of assets, including inherited property or investments. The rate of stamp duty varies from state to state and depends on the nature and value of the transaction. It is calculated as a percentage of the market value of the asset being transferred.
      • Capital Gains Tax: If inherited assets, such as property or investments, are sold or transferred at a higher value than their acquisition cost, capital gains tax may be applicable. Capital gains tax is calculated based on the difference between the sale price and the cost of acquisition, adjusted for any improvements or indexation. The tax rate depends on whether the asset is classified as short-term or long-term, and the applicable rates may vary.
      • Wealth Tax (abolished): India used to have a wealth tax on the net wealth of individuals and Hindu Undivided Families (HUFs). However, this tax was abolished with effect from April 1, 2015, and is no longer applicable.

      Inheritance Under HUF Laws in India

      The Hindu Succession Act, of 1956 lays down the rules for the distribution of property among Hindu family members. It applies to Hindus, Buddhists, Jains, and Sikhs, as well as those who are not Muslims, Christians, Parsis, or Jews by religion.

      Here’s a brief overview of how inheritance under HUF laws works in India:

      Creation of HUF

      • HUF is a legal entity that consists of all persons lineally descended from a common ancestor, including their wives and unmarried daughters.
      • HUF is automatically formed upon the marriage of a Hindu male, and it continues to exist even after his death.
      • A Hindu joint family can also be converted into a HUF by a joint declaration of the family members.

      Property of HUF

      • The property of an HUF includes both ancestral property (property inherited from ancestors) and self-acquired property (property acquired by the HUF through its own efforts or funds).
      • Ancestral property remains the property of the HUF, and each member has a right in it by birth.

      Succession and Inheritance

      • Upon the death of a coparcener (a person who shares equally in the ancestral property), his share in the ancestral property devolves by survivorship to the surviving coparceners.
      • In the case of self-acquired property of the deceased coparcener, the rules of succession depend on whether the deceased left a will or died intestate (without leaving a will).
      • If the deceased coparcener leaves a will, the property devolves according to the terms of the will. If there is no will, the property devolves according to the rules of intestate succession under Hindu law.

      Mitakshara and Dayabhaga Schools

      • In India, there are two main schools of Hindu law concerning inheritance and succession: Mitakshara and Dayabhaga.
      • Under the Mitakshara school, ancestral property is inherited by the male descendants of a common ancestor, with sons having equal rights.
      • Under the Dayabhaga school (practised mainly in Bengal), there is no concept of joint family property, and each son is treated as a separate legal entity.

      Partition

      • Coparceners of a HUF have a right to demand a partition of the HUF property. Partition can be either partial or total.
      • Upon partition, each coparcener is entitled to a share of the HUF property, which then becomes his separate property.

      Tax Implications

      • HUFs have certain tax benefits under the Indian Income Tax Act, including separate tax exemption limits and deductions.
      • Income earned by the HUF is taxed separately from the income of its individual members.

      Inheritance Under Sharia Laws for Muslims

      In India, inheritance laws for Muslims are governed by personal laws derived from Islamic principles, primarily based on the Sharia. These laws vary depending on the sect to which the individual belongs and the customs followed within their community. The key principles governing inheritance under Muslim personal law are outlined below:

      • Intestate Succession: If a Muslim individual passes away without leaving a valid will, their estate will be distributed according to the rules of intestate succession under Muslim personal law.
      • Sharers and Residuaries: In Islamic inheritance law, heirs are categorised into two groups: sharers (who are entitled to a fixed share of the estate) and residuaries (who inherit what remains after the sharers have taken their shares).
      • Sharers: The sharers are entitled to specific shares of the deceased’s estate. The primary sharers typically include the spouse, children (both sons and daughters), parents, and in some cases, the grandparents. The shares allocated to each sharer depend on their relationship to the deceased.
      • Residuaries: After the shares of the sharers have been distributed, the remaining estate, known as the residue, is inherited by the residuaries. Residuaries may include distant relatives or other individuals entitled to inherit under Islamic law.
      • Rights of Women: Muslim personal law recognises the right of women to inherit from the estate of their deceased relatives. However, the share allocated to female heirs may differ from that of male heirs, depending on their relationship to the deceased and the presence of other heirs.
      • Exclusions: Certain individuals, such as non-Muslims, illegitimate children, and those who have been involved in the murder of the deceased, may be excluded from inheriting under Muslim personal law.
      • Will: Muslim individuals have the option to make a will (known as a “Wasiyat”) to distribute their estate according to their wishes. However, there are restrictions on the portion of the estate that can be disposed of through a will, as a certain portion of the estate must be distributed according to the rules of intestate succession.

      Inheritance on Tax Return in India

      In India, inheritance itself is not typically subject to taxation at the national level. However, certain income earned from inherited assets may be taxable, and there are reporting requirements related to inheritance on tax returns. Here’s an overview of how inheritance is treated on tax returns in India:

      • Income from Inherited Assets: Any income generated from inherited assets, such as rent from property, dividends from shares, or interest from investments, is taxable under the Income Tax Act, 1961. This income must be reported on the appropriate schedules of the income tax return, such as Schedule HP for income from house property, Schedule CG for capital gains, or Schedule OS for other sources of income.
      • Capital Gains: If inherited assets, such as property or investments, are sold or transferred at a higher value than their acquisition cost, capital gains tax may be applicable. The capital gains must be calculated and reported on the income tax return, and tax must be paid accordingly.
      • Gift Tax: While there is no specific inheritance tax in India, gifts received during one’s lifetime may be subject to gift tax under the Income Tax Act. However, certain exemptions and exclusions apply to gifts received from relatives, gifts received on marriage, gifts received under wills, etc. Any taxable gifts must be reported on the appropriate schedules of the income tax return.
      • Foreign Inheritance: If an individual receives an inheritance from a foreign country, they may be required to report it on their Indian tax return. Foreign assets and income must be disclosed as per the provisions of the Income Tax Act and the Foreign Exchange Management Act (FEMA).
      • Wealth Tax (abolished): India used to have a wealth tax on the net wealth of individuals and Hindu Undivided Families (HUFs). However, this tax was abolished with effect from April 1, 2015, and is no longer applicable.
      • Disclosure Requirements: Taxpayers are required to disclose all sources of income, including inherited assets and income, in their tax returns. Failure to disclose inherited assets and income could lead to penalties and legal consequences.
      • Legal Documentation: It’s essential to maintain proper documentation related to inherited assets, such as wills, probate certificates, property deeds, and bank statements, as these may be required to support the information provided in the tax return.

      Tax on Inheritance of Immovable Property

      In India, the inheritance of immovable property, such as land, buildings, and real estate, may trigger certain tax implications, particularly in the form of stamp duty and capital gains tax. Here’s an overview of the taxes applicable to the inheritance of immovable property:

      • Stamp Duty: Stamp duty is a tax levied by state governments on the transfer of immovable property. When inherited property is transferred to legal heirs, the transaction is subject to stamp duty, which varies from state to state. The stamp duty is calculated as a percentage of the market value of the property or the consideration amount, whichever is higher. Legal documents, such as gift deeds or transfer deeds, must be stamped with the appropriate stamp duty before they can be registered with the relevant authorities.
      • Capital Gains Tax: If inherited immovable property is sold or transferred at a higher value than its acquisition cost, capital gains tax may be applicable. Capital gains tax is levied on the profit earned from the sale of the property and is categorised as short-term capital gains (if the property is held for less than two years) or long-term capital gains (if the property is held for more than two years). The tax rates and calculations for capital gains tax vary based on the holding period and the nature of the property.
      • Income Tax on Rental Income: If inherited property is rented out, the rental income earned is taxable under the Income Tax Act, 1961. The rental income must be added to the total income of the recipient and taxed at the applicable income tax rates and slabs. Deductions for expenses related to the property, such as maintenance costs and property taxes, may be available to reduce the taxable rental income.
      • Wealth Tax (abolished): India used to have a wealth tax on the net wealth of individuals and Hindu Undivided Families (HUFs), which included immovable property. However, the wealth tax was abolished with effect from April 1, 2015, and is no longer applicable.

      Tax on Inheritance of Movable Assets in India

      In India, the inheritance of movable assets, such as cash, jewellery, vehicles, investments, and personal belongings, does not typically trigger specific inheritance tax. However, there are certain tax implications that may arise from the inheritance of movable assets:

      • Income Tax on Interest and Dividends: If inherited investments, such as fixed deposits, savings accounts, mutual funds, or stocks, generate interest or dividends, the income earned is taxable under the Income Tax Act, of 1961. The recipient of the income must declare it in their income tax return and pay tax at the applicable income tax rates and slabs.
      • Capital Gains Tax: If inherited movable assets, such as stocks, mutual funds, or jewellery, are sold or transferred at a higher value than their acquisition cost, capital gains tax may be applicable. Capital gains tax is levied on the profit earned from the sale of the asset and is categorised as short-term capital gains (if the asset is held for less than two years) or long-term capital gains (if the asset is held for more than two years). The tax rates and calculations for capital gains tax vary based on the holding period and the nature of the asset.
      • Gift Tax: While there is no specific inheritance tax in India, gifts received during one’s lifetime may be subject to gift tax under the Income Tax Act. However, certain exemptions and exclusions apply to gifts received from relatives, gifts received on marriage, gifts received under wills, etc.
      • Wealth Tax (abolished): India used to have a wealth tax on the net wealth of individuals and Hindu Undivided Families (HUFs), which included movable assets such as jewellery and cash. However, the wealth tax was abolished with effect from April 1, 2015, and is no longer applicable.
      • Documentation and Reporting: While there may not be specific taxes on the inheritance of movable assets, it is essential to maintain proper documentation related to the inheritance, such as wills, probate certificates, and gift deeds. Additionally, any income or gains generated from inherited assets must be accurately reported in the income tax return to ensure compliance with tax laws.

      Inheritance Tax vs. Estate Tax in India

      In India, there is no specific tax known as “inheritance tax” or “estate tax” at the national level. However, there are indirect taxes and duties that may apply to inherited assets and estates. Let’s distinguish between the concepts of inheritance tax and estate tax:

      • Inheritance Tax: Inheritance tax is a tax levied on the transfer of assets from a deceased individual to their heirs or beneficiaries. This tax is typically based on the value of the inherited assets and is paid by the recipients of the inheritance. Inheritance tax can vary depending on the relationship between the deceased and the heir, the value of the assets inherited, and any exemptions or reliefs provided by the tax laws.
      • Estate Tax: Estate tax, also known as “death duty” or “inheritance tax” in some countries, is a tax levied on the estate of a deceased person before the assets are distributed to their heirs or beneficiaries. Unlike inheritance tax, which is paid by the recipients of the inheritance, estate tax is paid out of the estate itself. Estate tax is based on the total value of the deceased person’s estate, including all assets and liabilities, and is calculated before any distributions are made to the heirs.

      In India, while there is no specific inheritance tax or estate tax at the national level, there are indirect taxes and duties that may apply to inherited assets and estates:

      • Stamp Duty: Stamp duty is a tax levied by state governments on various transactions, including the transfer of immovable property such as land and buildings. When inherited property is transferred to legal heirs, the transaction may be subject to stamp duty, which varies from state to state.
      • Capital Gains Tax: If inherited assets, such as property or investments, are sold or transferred at a higher value than their acquisition cost, capital gains tax may be applicable. Capital gains tax is levied on the profit earned from the sale of the asset and is calculated based on the holding period and the nature of the asset.
      • Income Tax on Rental Income and Interest: Any income generated from inherited assets, such as rental income from property or interest from investments, is taxable under the Income Tax Act, 1961. The income earned must be declared in the income tax return and taxed at the applicable rates.

      Avoiding Inheritance Tax in India Through Loopholes

      While it’s not possible to completely avoid these taxes, there are legal strategies and planning techniques that individuals can employ to minimise their impact. Here are some ways to potentially reduce the tax burden associated with inherited assets:

      • Lifetime Gifts: Making gifts of assets during your lifetime can help reduce the value of your estate for tax purposes. In India, gifts received from relatives are generally exempt from gift tax. By gifting assets strategically to your heirs, you can gradually transfer wealth and reduce the size of your taxable estate.
      • Setting up Trusts: Establishing a trust can be an effective way to hold and manage assets for the benefit of your heirs. Certain types of trusts may provide tax advantages, such as reducing the value of your estate for tax purposes or allowing for tax-efficient distribution of assets to beneficiaries.
      • Estate Planning: Proper estate planning involves structuring your assets and affairs in a tax-efficient manner to minimise tax liabilities for your heirs. This may include creating a will, setting up trusts, and making use of exemptions and deductions available under the tax laws.
      • Utilising Exemptions and Deductions: Taking advantage of exemptions and deductions available under the tax laws can help reduce the tax burden on inherited assets. For example, exemptions may be available for certain types of assets or for specific categories of heirs. Additionally, deductions for expenses related to the administration of the estate may help lower the overall tax liability.
      • Investing in Tax-efficient Assets: Choosing tax-efficient investment options can help reduce the tax impact on inherited assets. For example, investing in tax-free bonds, certain types of mutual funds, or tax-saving instruments like Equity Linked Saving Schemes (ELSS) may help minimise tax liabilities.
      • Seek Professional Advice: Tax laws and regulations are complex and subject to change. Consulting with a qualified tax advisor or financial planner can help you navigate the intricacies of estate planning and inheritance taxation. A professional advisor can assess your individual circumstances, identify tax-saving opportunities, and develop a tailored strategy to minimise tax liabilities for your heirs.

      Pay Inheritance Tax in India with NoBroker

      In India, there is no specific nationwide “inheritance tax,” but certain indirect taxes and duties may apply to inherited assets, such as capital gains tax, stamp duty, and income tax on rental income. In the context of inherited property, individuals may require legal assistance for tasks such as transferring property titles, updating ownership records, and fulfilling any legal obligations related to the inheritance.

      Additionally, payment services may be required to facilitate transactions such as stamp duty payments, registration fees, and other expenses associated with property transfers. NoBroker’s legal department can assist individuals with these aspects of property inheritance, ensuring compliance with legal requirements and facilitating smooth and secure transactions. Additionally, consulting with a qualified legal advisor or chartered accountant from NoBroker may provide further guidance on navigating inheritance-related matters in India. 

      Contact NoBroker today to explore how their services can streamline your inheritance process and ensure compliance with legal requirements. Don’t let uncertainty impede your estate planning efforts—take proactive steps with NoBroker’s support to secure your legacy effectively.

      Frequently Asked Questions

      1. Is there an inheritance tax in India?

      No, there is no specific nationwide inheritance tax in India. However, certain indirect taxes and duties may apply to inherited assets and estates.

      2. What are the taxes applicable to inherited property in India?

      Taxes that may apply to inherited property in India include stamp duty on property transfers, capital gains tax on the sale of inherited assets, and income tax on rental income or interest earned from inherited investments.

      3. How can I minimise tax liabilities on inherited property?

      You can minimise tax liabilities on inherited property through careful estate planning, utilising exemptions and deductions available under the tax laws, making gifts during your lifetime, and seeking professional advice.

      4. Does NoBroker offer assistance with inheritance tax and property transfers?

      NoBroker may offer assistance through its legal and payment departments for managing the legal aspects and facilitating transactions related to inherited property, such as transferring property titles, updating ownership records, and facilitating payments.

      5. What legal documentation is required for inheriting property in India?

      Legal documentation required for inheriting property in India may include wills, probate certificates, gift deeds, property deeds, and bank statements. Proper documentation is essential for ensuring compliance with legal requirements.

      6. Where can I get professional advice on inheritance tax and estate planning in India?

      You can seek professional advice on inheritance tax and estate planning from qualified tax advisors, chartered accountants, financial planners, and legal experts in India.

      GWMC Property Tax Details, Method of Payment and More

      GWMC Property Tax Details, Method of Payment and More

      In India, the Greater Warangal Municipal Corporation collects GWMC property tax from property owners. Municipal corporations rely on taxes to fund crucial public services and infrastructure. Property owners directly fund community maintenance with this levy. GWMC property taxes enable the municipal corporation to satisfy people’s expanding requirements and improve the quality of life in Greater Warangal by maintaining a sustainable cash source. They help communities grow by providing critical services and infrastructure, improving the region’s well-being. Thus, the GWMC property tax is vital to urban living conditions.

      Who Needs to Pay? 

       The Greater Warangal Municipal Corporation (GWMC) taxes property owners, including many individuals and corporations. Knowing who pays GWMC property tax requires understanding the different types of property ownership in the region, including homeowners, commercial property owners, and landlords.

      1. One of the leading organizations accountable for paying GWMC property tax is homeowners. This group comprises Greater Warangal homeowners. Residential properties range from single-family houses to apartments and condos. Homeowners must pay municipal property tax regardless of property type.
      2. Commercial Property Owners: This is another important category liable to GWMC property tax. It includes Greater Warangal business owners. Retail shops, office buildings, warehouses, factories, hotels, and other commercial buildings are commercial properties. Commercial property owners, like homeowners, pay GWMC property tax based on assessed value.
      3. Landlords: GWMC property tax is payable by landlords with rented properties in Greater Warangal. This category comprises residential and commercial property owners who rent or lease their buildings to renters. Landlords must pay property tax on rental revenue. In certain circumstances, landlords may pass on property taxes to tenants via rental or lease agreements.
      4. Institutional and Government bodies: GWMC jurisdiction applies property tax duties to institutions and government bodies with properties. Educational institutions, healthcare facilities, religious groups, and government agencies with municipal property or buildings fall under this category. These entities pay property tax depending on their assessed value, like commercial property owners.
      5. Owners of unoccupied land in Greater Warangal are subject to property tax duties. A property owner must pay property tax even if the land is undeveloped or unoccupied. The location, size, and possible use of unoccupied land affect property tax rates.
      6. Developers and builders under the GWMC jurisdiction are liable to property tax responsibilities for development projects. Developers of residential, commercial, and mixed-use properties are included. Developers must pay property taxes on land and buildings until purchasers or renters take ownership.

      In summary, GWMC property tax applies to householders, commercial property owners, landlords, institutional institutions, government agencies, unoccupied landowners, and property developers. Each property owner must follow property tax laws and pay the municipal corporation on time. Understanding and following Greater Warangal property tax rules is crucial to avoid penalties, fines, and legal action.

      Online Services 

      GWMC Property Tax Online Portal:

      Residents of Greater Warangal Municipal Corporation (GWMC) may manage their property taxes online, making it quick and efficient. The web gateway provides convenience, efficiency, and 24/7 access.

      Online Portal Benefits:

      1. An online portal enables property owners to handle property taxes from home or their workplace, reducing the need for actual trips to government offices. This convenience saves property owners time and effort from waiting in extensive lines or travelling to municipal offices to pay taxes.
      2. Efficiency: The internet interface simplifies GWMC property tax payment, minimising paperwork and human intervention. Property owners may instantly view tax information, make payments, and get receipts without long bureaucracy. Property owners and municipal corporations profit from this efficiency.
      3. The online site offers 24/7 access to property tax services, unlike conventional methods, which are limited by office hours. Property owners can log in to the platform at any time to handle their tax responsibilities according to their schedules, including after hours.

      View GWMC property tax by house number:

      Steps to get GWMC property tax details by door number:

      1. Explore the GWMC Property Tax Online Portal on the official website of the Greater Warangal Municipal Corporation.
      2. Login or Register: Use your credentials if you are a registered user. If not, create an account with the essential details.
      3. Go to Property Tax Section: Log in and access the property tax section or dashboard.
      4. Enter Door Number: Select “Search Property Tax data” and enter the GWMC property tax check by house number to obtain tax data.
      5. View Tax Data: Enter the door number to view property tax data, such as assessed value, outstanding dues, and payment history.

      Pay Online:

      For safe online payments using approved methods, complete these steps:

      1. Select Payment Option: Choose online payment after GWMC property tax check.
      2. Select Payment Method: Choose your chosen method, including credit/debit card, net banking, or other electronic means.
      3. Step 3: Provide Payment Details. Provide card or bank account information as requested by the payment type.
      4. Verify payment amount: Verify the payment amount, taking into account discounts, penalties, and fees.
      5. Authorise Payment: Confirm payment information and authorise the transaction for safe payment.

      GWMC Property Tax Receipt Download

      Steps to download the receipt after payment:

      1. After completing the payment procedure, you will get a confirmation page or notice showing successful payment.
      2. Automatic receipt generation: The system generates a property tax receipt with the payment amount, property owner, and transaction reference number.
      3. Download Receipt: Select the option to download or print the receipt from the website. Click the button to obtain the PDF receipt.
      4. Download and store the receipt on your device or print a physical copy for your records. Keep the receipt as evidence of payment for future reference or documentation.

      Following these steps, property owners may use the GWMC Property Tax Online Portal to view property tax information, make secure online payments, and easily get receipts. This simplified property tax administration procedure improves taxpayer satisfaction and transparency.

      Additional Information

      1. Security: The GWMC Property Tax Online Portal safeguards users’ personal and financial data with solid security measures. Encryption, authentication, and security audits may prevent data breaches and unwanted access.
      2. Customer Support: GWMC offers assistance to property owners with online portal or property tax payment concerns. Helpline lines, email, and specialised helpdesks can solve consumers’ complaints quickly and effectively.
      3. The web portal may provide automatic reminders or alerts to property owners about approaching due dates, GWMC property tax dues, or changes in tax rates or regulations to guarantee timely payment of property taxes. Keep property owners informed and avoid late payment penalties with these reminders.
      4. Accessibility: The GWMC Property Tax Online Portal may provide capabilities for users with disabilities or special needs, enabling equitable access to critical services for all residents. These may include screen reader compatibility, text-to-speech, and font size or colour contrast adjustments for reading.
      5. Transaction History: Property owners may trace prior payments, see receipts, and keep track of tax compliance on the Internet site. This tool helps customers keep correct property tax records over time by providing openness and accountability.
      6. In addition to the online site, the GWMC may provide a mobile app for property tax administration, allowing consumers to access services on smartphones or tablets. Property owners may manage their taxes on the move using the mobile app, which may have comparable functions to the online site.

      The GWMC Property Tax Online Portal adds various features and services to improve user experience, financial transparency, and property tax administration for Greater Warangal residents.

      Calculate Your Estimated Property Tax

      Your property’s worth and the municipal corporation’s tax rate determine your property tax. A short explanation of property tax calculation:

      1. Property Worth Assessment: Step one involves determining your property’s worth. This rating analyses property size, location, building quality, amenities, and market worth.
      2. Tax Rate Application: Calculate your property’s worth and multiply it by the local tax rate. Taxes are usually a proportion of assessed property value. If your property is valued at ₹50,000 and the tax rate is 1%, your property tax would be ₹500.
      3. Additional Factors: Additional variables may affect property tax computation. This might include property exemptions or elderly or disability discounts.

      Simple property tax calculation: multiply the assessed value of your property by the tax rate to find your local government tax liability.

      Offline Procedures

      If internet access is unavailable, property owners may obtain GWMC property tax information and services offline. Alternative methods:

      1. Property owners may visit the Greater Warangal Municipal Corporation (GWMC) offices in person to ask about property tax data, payment alternatives, and other relevant concerns. GWMC locations offer specialised personnel to help property owners.
      2. Authorised Centers: GWMC may have service centres or kiosks in different places within Greater Warangal. These sites are ideal for property owners who want face-to-face property tax help.
      3. The GWMC may provide hotline numbers for property owners to contact for property tax assistance or information. Trained personnel may answer questions, advise on taxes, and assist with offline procedures.
      4. Public Notices: GWMC may publish property tax processes, deadlines, and changes via local newspapers, community bulletin boards, or other media outlets. Property owners may remain informed by watching for local announcements.
      5. Written Correspondence: Property owners may contact GWMC by postal mail. For property tax issues, they may write to the GWMC department or office.

      Contact NoBroker Legal Team Now!

      GWMC Property owners can check property tax data, make online payments, and get receipts using the GWMC Property Tax Online Portal, which is convenient, efficient, and 24/7. By providing many lines of communication, GWMC hopes to make property tax administration transparent, convenient, and responsive for Greater Warangal residents. Homeowners and investors can visit NoBroker Legal Services or the Taxation Department for additional information and help with property taxes. 

      Our legal team can help you file in less time and hassle. Homeowners and investors can guarantee compliance with GWMC property tax regulations and duties by remaining informed and adopting proactive measures. Please contact us right away if you require any assistance paying your property taxes in Noida.

      Frequently Asked Questions

      1. How is the Greater Warangal property tax calculated?

      The Greater Warangal Municipal Corporation (GWMC) sets the tax rate and the assessed value of the property to compute property tax. The assessed value incorporates property size, location, construction quality, amenities, and market worth. The property tax is calculated by multiplying this value by the tax rate.

      2. Can I pay property tax online?

      GWMC’s property tax site lets owners pay their taxes online. The site enables users to verify property tax information, make secure online payments using recognised methods, and obtain receipts. Online property tax services are convenient, efficient, and available 24/7.

      3. How to solve property tax problems? 

      If you have property tax questions, contact the Greater Warangal Municipal Corporation (GWMC). Helpline lines, email assistance, and visits to GWMC offices or approved facilities are available. Trained professionals answer questions and give property tax advice.

      4. Are there property tax exemptions or concessions in Greater Warangal?

      Yes, some Greater Warangal properties or owners may get exemptions or reductions. Educational institutions, religious groups, and elderly or disabled property owners may qualify for exemptions or reductions. GWMC or local rules should be consulted for exclusions or discounts.

      5. What happens if I miss my property tax payment?

      The Greater Warangal Municipal Corporation may impose penalties, fines, or legal repercussions for late property tax payments. Avoid such fines by meeting property tax deadlines and paying taxes on time. To prevent penalties, contact GWMC or explore payment alternatives if you foresee trouble paying your property tax.

      What are Society Transfer Charges as per the Housing Act and Rules in 2024?

      What are Society Transfer Charges as per the Housing Act and Rules in 2024?

      Society transfer charges are at the forefront for property transactions within cooperative housing societies in Maharashtra, following the government’s 1% hike in stamp tax on sales, gifts, and transfers. These charges, levied for the transfer of shares and apartment rights, add to the financial responsibilities of buyers and sellers alike. As societies impose these fees during property transactions, they represent a critical aspect of the overall cost for individuals engaging in the housing market.

      Maximum Transfer Charges Permitted Under the Law

      society transfer charges
      (Maximum Transfer Charges Permitted Under the Law)

      In most cases, the property owner and buyer who ask the societies association for society share certificate transfer charges to change the buyer’s name on the shareholding certificate are left with little alternative but to comply with its requests. However, it is unclear if the law permits a society to demand an unreasonable transfer fee. The resolution is contained in By-law No. 38 of the 2013 By-laws of the Maharashtra Model Society, 1960, which the Maharashtra government released via a circular dated August 9, 2001. 

      It is clearly stated in the aforementioned by-law No. 38 and the circular dated August 9, 2001, that the premium transfer fee in housing society cannot exceed Rs 25,000.

      Many societies frequently require the property owner/purchaser to make the requested payment through a “voluntary donation” to avoid violating the cap on transfer costs noted earlier. 

      However, Bye Law No. 38 goes one step further to ensure that no excess donation or gift to any other funds or under any other pretext shall be reclaimed from the transferor or transferee.

      Legal Rulings Relating to the Transfer Costs

      society transfer charges
      (Supreme court’s judgement on transfer fees in India)

      The legality of paying transfer fees of society has recently been put to the test by the courts on multiple occasions. For example, in the matter of Bhartiya Bhavan Cooperative Housing Society Limited and the others vs Krishna H Bajaj and Others, the Bombay High Court upheld the society’s appeal (Writ Petition No. 1094 of 2004, decided on February 17, 2010), disqualifying the flat buyer from receiving a refund of the Rs 9,63,000 voluntary contribution they paid to the society at the time the apartment was sold.

      During the appeal hearing before the Bombay High Court, the unit buyer argued that the voluntary contribution was nothing more than the transfer fees of society had asked and that the flat owner was obligated to pay. However, the Bombay High Court noted that the buyer of the unit, in that case, knowing their exact legal status, agreed to pay the society Rs 9,63,000 in transfer fees under the guise of a voluntary donation.

      The apartment purchaser complained to the Supreme Court of India against the previous ruling (SLP No 11266 of 2010, the order decided on November 9, 2011). According to the SC, it did not entirely concur with the justifications provided in the previous judgement rendered by the Bombay High Court. However, the SC could not reverse the Bombay High Court’s judgement because the flat purchaser had not disputed the society’s resolution setting the transfer charge amount. Their challenge came more than two years after the voluntary donation.

      Furthermore, the Bombay High Court acknowledged in the Alankar Shakari case that society holds a strong position when a flat buyer demands a seamless transaction and transfer of the share certificate into his name. In these situations, society demands outrageous payments from the apartment buyer under the guise of “voluntary gifts.”

      The Bombay High Court ruled that society may only raise money by legally acceptable charges or fees and is not permitted to make money from its members. While making gifts to society is not prohibited, it should be done freely and without compulsion. Additionally, society should never collect transfer fees while claiming the money was donated.

      Effect of The Bombay High Court’s Decision on Transfer Costs on Property Purchasers and Sellers.

      society transfer charges
      Transfer of ownership cannot be completed until the society share certificate is also transferred in the name of the buyer.

      The decision of the Bombay High Court in the matter of Alankar Sahkari established the legal framework for any property owner or buyer to challenge the excessive demands of society transfer charges, regardless of whether it is referred to as a voluntary donation. 

      Whether a property buyer is prepared to start bitter litigation with a community where they want to reside for the foreseeable future remains, even though the legal remedies and the legislation have been fairly decided for transfer premiums in a housing society.

      Members should protest against any such resolution being enacted in societies where there are presently no housing society transfer charges rules on paying the transfer charges as voluntary gifts or in any other way because it goes against the spirit of the legislation. Members can only stop such measures if they voice their concerns appropriately.

      What are the Requirements or Guidelines for Transferring Flats?

      society transfer charges
      (What are the Requirements or Guidelines for Transferring Flats?)

      ● Before the flat can be transferred to another member, the member must have owned it for an entire year.

      ● Members who obtain ownership through a court order are exempt from the abovementioned condition.

      ● Anyone planning to move out of their apartment must provide the society with a written 15-day notice.

      ● The application must include good cause for the flat transfer (explained succinctly).

      ● The transfer premium (if applicable), admission price, and transfer fee are all required, along with documentation from both the transferor and the transferee.

      What Steps Must be Taken for a Flat Transfer?

      society transfer charges
      (What Steps Must be Taken for a Flat Transfer?)

      It’s always advisable to consult a legal professional or real estate expert to guide you through the specific requirements and legalities involved in a flat transfer in your jurisdiction. With that in mind, here are some pointers on the steps that must be taken for a flat transfer

      1. Documentation: 

      Gather all the necessary documents related to the flat transfer, such as the sale agreement, property title deeds, and identification proofs of the buyer and seller.

      2. Verification: 

      Conduct a thorough verification of the property documents to ensure their authenticity and legality. This step helps in preventing any potential legal issues or disputes later on.

      3. Agreement Execution: 

      Prepare the transfer agreement and get it duly executed by both the buyer and seller. The agreement should outline the terms and conditions of the transfer, including the sale price, payment schedule, and any other relevant clauses.

      4. No Objection Certificate (NOC): 

      Obtain a No Objection Certificate from the society or housing society where the flat is located. This certificate verifies that there are no outstanding dues, pending litigation, or objections regarding the transfer.

      5. Clearances and Permissions: 

      Seek necessary clearances and permissions from local authorities, such as the municipal corporation or development authority, if required for the flat transfer.

      6. Stamp Duty and Registration: 

      Pay the applicable stamp duty and get the transfer deed registered with the relevant authority as per the local regulations. This step is crucial for legally transferring the ownership rights of the flat.

      7. Financial Settlement: 

      Ensure that all financial obligations, such as outstanding dues, pending maintenance charges, and property taxes, are settled before the transfer takes place. This step avoids any financial liabilities being transferred to the buyer.

      8. Handover and Possession: 

      Arrange for the physical handover of the flat to the buyer after completing all the legal and financial formalities. The buyer should inspect the flat to ensure its condition aligns with the agreed-upon terms.

      Can a Cooperative Housing Society’s Board of Directors Be Dismiss?

      society transfer charges
      (Can a Cooperative Housing Society’s Board of Directors Be Dismiss?)

      The deputy district registrar of Maharashtra’s Katraj cooperative housing society disbanded its board of directors in 2020. (Pune). To grant a NOC for a flat transfer into a home buyer’s name, the board had issued a resolution by the general body imposing a fee of Rs. 1.25 lakhs as society charges.

      The Cooperative Societies Act specifies a sum of Rs 25,000 for the property transfer charges, as was already mentioned. The board was disbanded because it had broken society transfer fee rules in its behaviour. The deputy registrar further prohibited the society’s directors from running in elections for the following six years. This emphasises how charging a high transfer cost is unlawful and punitive.

      Society transfer charges in Pune are fees that apply to second sales rather than first sales. So, you don’t have to pay transfer fees while purchasing from the builder, but you do when you sell.

      According to current regulations and notifications, society transfer charges in Mumbai are 2 per cent, which is illegal. A society may only request a transfer fee up to a maximum of Rs.25,000; it may not want more. Request that the society provides the transfer fees in writing before filing a complaint with the registrar of societies about the excessive amount requested by the society.

      Is the Builder’s Transfer Fees Legal?

      society transfer charges
      (Are Builder Transfer Fees Legal?)

      Although housing society transfer charges and service societies are permitted to collect transfer fees, a builder is not permitted to do so if it does not violate the rules. You may, however, be aware of some dishonest developers who demand society transfer charges. When a buyer approaches a builder for a NOC and a builder can use their influence to sway the home buyer, most complaints against the developer in such a situation arise. However, for the following reasons, it is unlawful to do this:

      ● The Transfer of Property Act of 1882 prohibits such behaviour. It states that “a transfer of property passes instantaneously to the transferee, all the interest which the transferor is then capable of passing in the property and the legal occurrences thereof.”

      ● The Indian Contract Act of 1872 is violated since it infringes on a buyer’s ownership rights over the property.

      ● It differs from cooperative transfer charges by society. While the purchaser is a shareholder, a cooperative society owns the structure and the surrounding property. No such rights exist for builders.

      ● Buyers should investigate whether developers who claim to be collecting the transfer fee on behalf of a cooperative housing society are attempting to prevent the society from being formed in the first place.

      ● Under Sections 384 and 385 of the Indian Penal Code, a builder who tries to deceive a property buyer and induce them to pay the transfer fee may be held accountable (IPC). The Competition Act of 2007 forbids it as well and defines it as “abuse of dominant position.”

      ● GST on society transfer fees is If the CHS is not otherwise exempt from GST registration, GST is applied to transfer fees at a rate of 18 per cent.

      Understand Society Transfer Charges With NoBroker: 

      The State government has lowered the fee assessed on the society transfer charges and sale of flats in cooperative housing societies located on leased government land in response to lobbying from prominent housing societies owned by serving/retired officials and police officers. There is no distinction between whether a requirement is for residential or commercial use based on a cursory reading of this provision and the provision relating to the bonafide requirement, which shows that the landlord need only demonstrate that the premises are needed reasonably and legitimately for himself or his family. If you need any professional help in understanding various property taxes and legalities involved in buying and selling real estate, do book a free consultation with experts at NoBroker. If you’re interested, do comment below; our executive will be in touch with you soon. 

      Frequently Asked Questions

      1. When to pay the transfer fee to society?

      Answer: Depending on the city you live in, society transfer charges require payment of a transfer premium when a member sells shares and rights in a flat. This premium can be anywhere from Rs 25,000 to even a percentage of the buying consideration for selling the flat.

      2. Society transfer charges paid by whom?

      Answer: Society transfer charges are typically paid by the property buyer, as part of the costs involved in acquiring rights to the apartment within a cooperative housing society.

      3. What are gift deed society transfer fees?

      Answer: In society transfer fees, in the case of a gift deed, you must give the society Rs. 500 as a transfer “fee.” The bye-law is very clear in this regard: If the transfer is within the family (defined by the bye-law as including mother, father, brothers, sisters, sons, daughters, sons-in-law, and daughters-in-law), then society CANNOT demand the transfer “fees/premium,” not even as “donation” or under any other pretext.

      4. What are society transfer charges for resale flats?

      Answer: Society transfer charges for a resale flat are fees imposed by a cooperative housing society for transferring ownership rights from the seller to the buyer within the society.

      5. What are the rules society transfer fees based on?

      Answer: The rules society transfer fees are determined by the cooperative housing society’s by-laws and cannot exceed the legal cap set by local government regulations.

      Karnataka Land Records: Revolutionising Access with Bhoomi Portal

      Karnataka Land Records: Revolutionising Access with Bhoomi Portal

      Karnataka Land Records is stepping into the digital age with the Bhoomi portal, revolutionising how to land information is accessed and managed. This landmark initiative by the Department of Survey and Land Records not only fights corruption but also makes land records readily available to the public. Dive into our latest blog to explore how this digital transformation is making a difference for landowners and farmers across Karnataka.

      Karnataka Land Records

      Bhoomi: Karnataka Land Records
      (The Bhoomi government of Karnataka project’s aim is to prevent fraud and manipulation by digitising all the state land records.)

      Bhoomi, Karnataka’s land records portal, is a massive step in modernising how land is managed. Land records in India are notoriously difficult to find and maintain. Documents are stored across a variety of different government departments in a variety of formats. The government in Karnataka has long been moving land records online to make this paperwork easier to maintain and more efficient to work with. 

      To modernise the process, the Karnataka state government launched what is known as Bhoomi.

      Launched in 2000, Bhoomi aims to ease access to digitised land records (RTCs), streamlining data retrieval. The platform offers a suite of services like viewing maps, applying for conversions, mutations, and more, supported by over 6,000 physical centers across Karnataka’s 175 taluks.

      The official portal of Karnataka government land records is https://landrecords.karnataka.gov.in/. Through this website, one can also check the gram panchayat land records of Karnataka.

      Benefits of Bhoomi Portal for Farmers

      Farmers in Karnataka benefit from Bhoomi — online land records. The Bhoomi site has limited the discretion of government authorities. Bhoomi presently provides the following services to farmers:

      • When applying for a loan or any other reason, a farmer can immediately obtain a copy of the land registry paperwork using Bhoomi.
      • Obtaining a printed copy of the Record of Rights, Tenancy, and Crops (RTC) may be done online by entering the owner’s name or plot number.
      • When a land parcel is sold or inherited, farmers can use mutation requests to change land records).
      • A farmer can verify the progress of a mutation application by accessing the Bhoomi portal. 
      • If and when the revenue inspector does not finish the mutation before 50 days, a farmer may seek another official at the Taluk level to approve the modification.
      • Crop information is provided in the online RTC, which assists farmers in insuring their crops.
      • Crop records in the RTC can be utilised for claim reasons.
      • Bhoomi expedites the resolution of land disputes needed by courts, such as notifications sent to persons concerned about the mutation.

      Karnataka Land Records RTC

      RTC is an abbreviation for Record of Rights, Tenancy, and Crop Information. RTC or Pahani, as the name implies, holds land information (agricultural land). The following information is accessible on the Bhoomi portal:

      • Details about the landowner
      • Land Area Measurement Type
      • Water cost
      • Type of soil
      • Flood zone for agricultural, commercial, non-agricultural, and residential purposes
      • Liabilities arising from the nature of the land’s possession
      • Tenancy

      Crops are produced in the Land RTC (Pahani), which aids in discovering land titles and is used for a variety of other purposes. For village lands, RTCs are usually given in hectares or acres, only with the Tahsildar or Deputy Tahsildar signatures.

      How To Check Land Records in Karnataka (RTC) Online – View & Download

      To check and download the land records of Karnataka RTC online, the user must follow the processes outlined below.

      Step 1: Go to the Karnataka Online Land Records website.

      Step 2: From the Home Page, select an i-RTC option. This page will be redirected to another page.

      Step 3: On this page, enter your name, a 10-digit cell phone number, email address, and your Aadhaar Card number.

      Step 4: After entering all of your information, click the Proceed button.

      Step 5: On this screen, enter the following information:

      Surnoc, Hissa number, Hobli, Taluk, District, Survey number and RTC Validity

      Step 6: After inputting all of your information, click on the retrieve details button.

      Step 7: Land record information will be shown. To display the RTC, select the View RTC option.

      Step 8: After viewing the RTC, choose the Pay and Download option.

      Please keep in mind that there is an Rs. 10-15 fee for downloading RTC.

      Step 9: After making your decision and declaration, click the Pay Now button.

      Step 10: The site will be diverted to the SBI website. The applicant may pay the fee in any of the following ways:

      • Internet Banking
      • Debit Card 
      • Debit Card 

      Step 11: Following successful payment, the RTC will be displayed in PDF format. The RTC is now available for download by the applicant.

      If You Do Not Want to Download the RTC, You Can Use the Following Method to View It Online

      Step 1: From the Home Page, choose the first option, ‘View RTC and MR’. You will be redirected to the next page.

      Step 2: From this portal, the applicant can obtain RTC for the current and previous years.

      Step 3: Fill out all of the required information.

      Step 4: After inputting all of your information, click on the fetch details button.

      Step 5: Land record information will be shown. To display the RTC, select the View RTC option. The applicant can now save RTC as a picture.

      To View RTC Details Survey No. Wise / Owner Wise / Registration Number / Date Wise

      Step 1: From the Karnataka Land Records homepage, select the View RTC information option.

      Step 2: Click on the radio button. Survey No. or Owner No. or Registration Number/Date No.

      Step 3: Enter the necessary information and click ‘View Land Data.’

      How To Check RTC Information in Bhoomi

      Step 1: From the Bhoomi homepage, select the View RTC information option.

      Step 2: To obtain the information, the applicant must enter the following information: District, Hobli, Taluk, Village, and Survey Number.

      Step 3: After filling out all of the information, the applicant must click on the fetch details button.

      Step 4: RTC land data will be displayed.

      Step 5: If the application requires information about the owner. On this screen, the applicant must pick the owner information option.

      Step 6: Select the cultivator details option to fetch information about the land and crops.

      What is Property Mutation?

      Property mutation is the process of shifting title ownership of a property from one individual to another.

      You may register for a mutation by going to the Kiosk centre and presenting the land-related documentation with your mutation application. The centre will offer you an acknowledgement number, which you may use to check the progress of your mutation application later.

      How to Get a Mutation Report from the Bhoomi Portal

      Step 1: Go to the Bhoomi homepage. Under Bhoomi services, select ‘View RTC and MR’ on the mutation report webpage.

      Step 2: To verify the Mutation status, select the ‘Mutation Report (MR)’ option.

      Step 3: Fill in the blanks with the district name, Village, Survey Number, Taluk, Hobli, Hissa /number and Surnoc Number. After you’ve input all of the information, click ‘Fetch Details.’

      Step 4: The Mutation data will be presented on the website based on the information you submitted.

      MR – Check Entire Village Land Records in Karnataka

      The following are the measures to check the MR status of the entire village lands:

      Step 1: Go to the official Bhoomi website.

      Step 2: Select the ‘Village Wise Pendency’ option from the ‘Services’ menu.

      Step 3: Enter the district, taluk, hobli, and village, and click the ‘Get Report’ option.

      Step 4: A list of all outstanding mutations for that village’s lands will show, together with data such as the application number, MR number, number of transactions, order/registration number and date, survey number, and mutation status.

      How to Check Land Records in Bangalore

      The official website for determining the land survey records of Karnataka is available here: https://landrecords.karnataka.gov.in/.

      From the home page, go to Bhoomi, the official Karnataka land records website where one may check all the survey settlement and land records of Karnataka. Then, click on the image next to “Bhoomi” to be taken to a new window where you may look around the page to see what services are available.

      “Click here” for citizen services in the next window. Then, choose from various alternatives, including revenue maps, I-RTC, citizen portals, and much more. Each of these alternatives will provide the customer with different functionality relating to land and property in Bangalore.

      Then choose “see RTC & MR.” You will be led to another window that will offer all the possibilities for searching for the appropriate properties. Whether you are trying to search land records by name in Karnataka or by survey number, you will find it here.

      Enter the essential information and click the “retrieve details” button to obtain the appropriate information. 

      Pahani Online – How To Get Land Records for Mysore, Belgaum And Gulbarga

      Pahani land records of Karnataka are quickly obtaining the ORIGINAL RECORD OF RIGHTS on the Internet at any time and from any place. You may receive your RTC from any location by paying Rs. 10 digitally.

      To get the land records of pahani Karnataka, go to http://www.landrecords.karnataka.gov.in and select the i-RTC wallet option. The RTC wallet system enables any local entrepreneur to register an online account with the Revenue Department, deposit up to Rs 1000 in the RTC wallet, and issue RTC at a rate of Rs 10 per RTC. Local entrepreneurs can maintain topping up to Rs 1000 at any moment and hence continue giving RTCs.

      You no longer need to go to the Taluk or Nadakacheri offices to acquire your RTC. Instead, you can obtain it from the comfort of your own home.

      Revenue Department for Land Records Mysore: Location: DC Office | City: MYSURU | PIN Code: 570005

      Revenue Department for Land Records Belgaum: Location: 2nd Floor, DC Office | City: Belagavi | PIN Code: 590001

      Revenue Department for Land Records Gulbarga: Location: City Survey Office, Vikas Bhavan | City: Gulbarga | PIN Code: 585101

      To guarantee that all land records are freely accessible, the Karnataka State Remote Sensing Applications Centre (KSRSAC) assists the revenue department’s survey settlement branch by digitising the revenue maps. The KSRSAC has been tasked with digitising the hissa (plots part of the primary survey numbers) Bhoomi land records maps Karnataka. They would take up a two-year-old project for Rs 25 crores. This is not the same as submitting all maps to Bhoomi.

      According to official data, over 1.25 lakh applications have languished for three years to update the RTC portal. According to the authorities, the pending case results from the property’s mutation and transfer of ownership around its original dimensions.

      Visitors can also call the Karnataka Bhoomi RTC monitoring cell at the number provided:

      Contact us at 8277864065/67/68.

      Email address: bmchelpdesk.s@gmail.com

      To stay updated regarding the Karnataka Land Records, keep reading TheNoBrokerTimes.

      Frequently Asked Questions

      Q1. What is an Akarband Document in Karnataka?

      Ans. An Akarband Document Karnataka is a land record that details the survey and measurements of land parcels in Karnataka, used for verifying land ownership and dimensions.

      Q2. Can I access city survey records online in Karnataka?

      Ans. Yes, city survey records online in Karnataka can be accessed through the Bhoomi portal, offering digital land records and related services.

      Q3. What services do the govt of Karnataka Department of Survey Settlement and land records offer?

      Ans. The govt of Karnataka Department of Survey Settlement and Land Records provides digital access to land records, facilitates mutation and conversion applications, and offers map viewing and land dispute resolution services.

      Q4. What services does the land survey department in Karnataka offer?

      Ans. The land survey department in Karnataka provides services such as land surveying, mapping, issuing land records, and handling disputes related to land ownership and boundaries.

      Q5. Are Karnataka Land Records available for all regions within the state?

      Ans. Yes, records are available for all districts, including over 6,000 Gram Panchayats across 175 taluks.

      Karnataka Apartment Ownership Act of 1972: A Complete Guide for Everyone

      Karnataka Apartment Ownership Act of 1972: A Complete Guide for Everyone

      In the Indian state of Karnataka, ownership and administration of apartment complexes are governed under the Karnataka Apartment Ownership Act 1972. The Act establishes a formal framework for the ownership of individual apartments or flats inside multi-unit buildings. It creates the idea of apartment ownership, in which each owner is the legal owner of their flat while jointly owning the building’s shared rooms and amenities.  The Association is in charge of the building’s common areas maintenance, repairs, and administration, which guarantees the appropriate operation and maintenance of the whole property.

      The Act also specifies the rights and obligations of apartment owners and the Association, as well as the apartment rules and regulations in Bangalore , registration, and transfer of unit ownership. Additionally, it offers channels for settling conflicts between apartment building owners or between association members and owners. 

      Application of Karnataka Apartment Ownership Act 1972

      There are apartment association rules and regulations in Bangalore as per the Karnataka Apartment Ownership Act of 1972. Its applicability spans a broad spectrum of concerns pertaining to apartment complex creation, administration, and governance. Here is a thorough rundown of how it is used:

      1. Apartment Owners’ Association Formation: The creation of apartment owners’ associations is one of the Act’s primary uses (AOAs). According to the Act, owners of apartment buildings are required to organise an organisation to oversee the common spaces and amenities when a certain proportion of the units are sold. The management, care, and administration of the whole property fall within the purview of this organisation.
      2. Ownership and Rights of Apartment Owners: The Act outlines each apartment owner’s obligations and rights. It recognizes the shared ownership of common spaces like stairwells, hallways, and elevators, as well as private ownership of apartments and amenities like apartment car parking rules in Bangalore, gardens, and leisure centres. As long as they follow the Association’s regulations, any owner is free to enjoy the common spaces.
      3. Apartment Ownership Registration: The Act lays forth the steps involved in registering apartment ownership. In order to protect the interests of each apartment owner, the developer or promoter of the complex must complete a Deed of Apartment that precisely specifies the unit’s size, borders, and attached amenities. In order to prove legal possession, these deeds are then registered with the appropriate government.
      4. Common Area and Facility Management: Under the Act, the Apartment Owners’ Association is given the authority to oversee common spaces and amenities on behalf of all owners. This covers fire safety rules for apartments in Bangalore including keeping track of maintenance fees, doing upkeep and repairs, making sure everyone is safe, and setting up gatherings or activities for the community. When it becomes essential for the effective administration of the property, the Association may also recruit employees or contractors.
      5. Dispute Resolution Procedures: Providing procedures for settling disagreements between apartment owners or between owners and the Association is another meaningful way that the Act is put to use. It permits the creation of forums or tribunals for the purpose of resolving disputes pertaining to ownership, upkeep, ordinances, or any other issue involving the apartment building.
      6. Bylaw Amendment: Under the Act, the Apartment Owners’ Association is able to create bylaws that specify how the property will be managed and administered. These apartment owners association bylaws Tamil Nadu can address matters like meeting etiquette, choosing office holders, enforcing penalties for infractions, and the processes for amending the bylaws themselves. Any modifications to the bylaws must be implemented in compliance with the Act’s requirements.
      7. Developer and Promoter Regulation: The Act also governs the actions of developers and promoters who work on the building and retailing of apartment buildings. It places responsibilities on developers, including delivering unambiguous title documents, finishing projects on schedule, and following authorised building blueprints and specifications.

      To summarise, the apartment association rules in Bangalore encompasses a broad range of regulations that oversee the creation, administration, and control of apartment buildings within the state of Karnataka. It offers a legal framework for apartment ownership, protecting each owner’s rights and obligations and encouraging peaceful cohabitation and adequate upkeep of common areas.

      Karnataka Apartment Ownership Act 1972 Rules

      The primary purpose of Tamil Nadu apartment ownership rules is to control several facets of apartment ownership, management, and administration. This is a thorough summary of what these apartment rules in Bangalore may include:

      1. Apartment Owners’ Association (AOA) formation:

      • The AOA’s founding regulations, such as the minimal proportion of units needed to establish the organisation.

      • The steps for holding the first general assembly of apartment owners, which will elect officers and approve bylaws.

      • Conditions for registering the AOA with the relevant authorities.

      2. Apartment Owners’ Rights and Obligations:

      • Regulations defining each unit owner’s obligations and privileges, such as the use of shared spaces and amenities.

      • Responsibilities for sinking fund payments, apartment maintenance rules in Bangalore, and other AOA dues.

      • Rules pertaining to the remodelling, modification, or alteration of sure flats.

      3. Oversight of Public Spaces and Infrastructure:

      • Rules governing the upkeep, restoration, and repair of shared spaces, including parking lots, stairwells, and hallways.

      • The methods for selecting employees or outside contractors to maintain shared facilities.

      • Guidelines for using facilities, including community halls, gyms, and swimming pools.

      4. Budgeting and Financial Management:

      • Guidelines for the creation, approval, and execution of the Association’s annual budget; • Policies governing the acquisition of maintenance fees, fines, and other charges from unit owners.

      • The need to have accurate financial accounts and accounting records.

      5. Dispute Settlement Procedures:

      • Dispute resolution procedures for apartment owners, owners and the Association or Association members.

      • The creation of a committee or tribunal dedicated to resolving disputes.

      • Guidelines for the complaint filing, evidence submission, and hearing processes.

      6. Regulations and Bylaws:

      • Rules controlling how the AOA conducts its meetings, such as quorum requirements and vote protocols.

      • Bylaws include term limits, the election of office bearers, and their functions and duties.

      • Procedures for amending rules and bylaws, including how to ask apartment owners for their consent.

      7. Control over Developers and Advertisers:

      • Laws placing restrictions on promoters and developers in relation to the building and selling of flats.

      • The prerequisites for securing the required apartment permission rules in Bangalore and approvals from local authorities.

      • Instructions for completing and registering apartment deeds and other pertinent paperwork.

      8. Adherence and Implementation:

      • Measures for ensuring adherence to related regulations and the Act.

      • Penalties for breaking the Act or its regulations, such as fines, privilege suspensions, or legal action.

      • Dispute resolution bodies’ or the AOA’s enforcement mechanisms.

      The responsible body designated under the Karnataka Apartment Ownership Act of 1972 usually formulates these regulations after consulting with many parties, including government agencies, developers, and owners of apartments. Their purpose is to ensure that apartment complexes are managed and governed in a fair, consistent, and transparent manner, which will keep tenants happy and in a smooth-running environment.

      How the Karnataka Apartment Ownership Act 1972 Benefit?

      For apartment owners, tenants, developers, and the society at large, the Karnataka Apartment Ownership Act of 1972 offers a number of advantages. The following are some of the main ways that the Act helps different parties:

      1. Legal Framework: The Act provides a precise legal foundation for apartment complex ownership, management, and governance. It offers clarification and assurance about property ownership by outlining the rights, duties, and responsibilities of apartment owners and the Apartment Owners’ Association (AOA).
      2. Protection of Rights: The Act guarantees the protection of property rights by outlining the rights of individual apartment owners as well as the collective rights over shared spaces. It ensures fair access to and usage of shared amenities while defending owners’ rights in their units.
      3. Effective Management: By establishing AOAs, the Act makes it easier for apartment complexes to be managed effectively. For the benefit of all residents, these groups are authorised to oversee common spaces, collect maintenance fees, perform upkeep and repairs, and enforce laws and policies.
      4. Maintenance and Upkeep: Shared accountability for the upkeep and maintenance of communal spaces and amenities is advantageous to apartment owners. This shared responsibility guarantees that the property is well-maintained, increasing its value over time and lessening the financial and administrative strain on individual owners.
      5. Community participation: By creating AOAs, the Act encourages collaboration and community participation among locals. It gives locals a forum to express their opinions, take part in decision-making, and collaborate to achieve shared objectives, promoting a feeling of community and belonging.
      6. Dispute Resolution: The Act offers procedures for resolving conflicts between apartment owners, between owners and the Association, or between Association members. This prevents disputes from becoming worse and provides a systematic framework for settling disputes in an unbiased and equitable way.
      7. Developer Regulation: The Act controls the actions of promoters and developers who build and market residences. To protect the interests of purchasers, it places duties on developers to guarantee openness, excellence, and adherence to legal standards.
      8. Encouragement of Ecological Lifestyles: The Act promotes sustainable living via its requirements for the upkeep of public spaces, including parks, gardens, and leisure centres. It encourages the growth of green areas, energy-efficient buildings, and ecologically beneficial projects, all of which contribute to a community that is healthier and more environmentally aware.

      The Karnataka Apartment Ownership Act 1972 benefits all parties engaged in the ownership, operation, and usage of such assets by fostering orderly growth, effective administration, and peaceful living in apartment complexes.

      In conclusion, The Karnataka apartment Ownership Act 1972 provides a complete framework for apartment owners, occupants, developers, and the community.  The Act protects property rights, promotes effective management, and encourages community involvement by establishing a clear legal framework for ownership, management, and administration. It makes maintaining common spaces and facilities easier, improving residents’ quality of life and property value. 

      Contact NoBroker to Learn More About Real Estate Laws

      Navigating India’s complex real estate law system can be challenging, but it can be made easier with the right help. As we get to the end of our analysis of the most significant real estate laws, it’s critical to emphasise the need for expert guidance, and NoBroker’s legal specialists shine in this area. Getting in contact with NoBroker’s legal experts for specialised advice and assistance is a wise decision. Whether you’re buying, selling, or renting, NoBroker is a resource for assistance with all real estate transactions; it makes the process more accessible and easier to understand.  

      Frequently Asked Questions

      1. What is the 1972 Karnataka Apartment Ownership Act?

      Karnataka’s Apartment Ownership Act of 1972 governs apartment complex ownership, management, and administration. It legalises apartment ownership and governs Apartment Owners’ Associations.

      2. Is the Karnataka Apartment Ownership Act applicable everywhere  ?

      All Karnataka residential apartment complexes with numerous owners that share common spaces and utilities are covered by the Act. Developers, promoters, and AOAs must follow its rules, as must apartment owners.

      3. Which Act sections are most important?

      The Act establishes AOAs for joint area management, regulates apartment owners’ rights and duties, registers apartment ownership, sets financial management and budgeting guidelines, and resolves disputes.

      4. How does the Act benefit apartment owners ?

      The Act helps apartment owners by clarifying property ownership, protecting their rights, facilitating efficient management of common areas and facilities, promoting community engagement and cooperation, and providing fair and impartial dispute resolution.

      5. What penalties are associated with the act violations?

      Noncompliance with the Act or related restrictions may result in fines, suspension of privileges, or legal action. Developers, promoters, and AOAs must follow the Act to avoid fines.

      Property Mutation: A Vital Step in Property Ownership

      Property Mutation: A Vital Step in Property Ownership

      Property Mutation is a crucial aspect of homeownership. While owning property is a universal dream, it involves understanding the intricacies of possession, often referred to as a deed. The journey of buying or selling a home can be challenging, but these challenges should not deter prospective buyers. By redefining your understanding of ownership, you can achieve your homeownership goals smoothly.

      When purchasing a home, one of your initial checks should be related to power-related documents, ensuring clarity and protection against surprises. Many buyers may be unfamiliar with the concept of property mutation, yet it plays a significant role when a property is put up for sale. Understanding the meaning of and land mutation online process is essential, as it involves important legal and procedural aspects.

      What is Mutation? 

      Land mutation means the process of completing paperwork including title deeds under a local municipal office when a property gets sold or gets transferred to another name. Mutation meaning in property refers to the legal process of transferring ownership or changing the characteristics of real estate assets. The property records are then mutated, and the new owner’s name is registered by the Land Revenue Department. According to the records of the department, the new owner will start paying property tax. It is also important to note that the procedural change and all added charges during the mutation process differ from state to state in India.

      Navigating the Property Mutation Process

      To ensure a smooth transition of property ownership, it’s crucial to understand the step-by-step process of property mutation. Here’s a comprehensive guide to help you through this important procedure:

      1. Obtain the Mutation Application Form: Your first step is to visit the local municipal office or the relevant land revenue department to obtain the mutation application form. This document is the foundation of the mutation process.
      2. Fill in the Details: Take your time to complete the application form with precision. Provide accurate information, including the property’s survey number, area, the names of both the old and new owners, and the reason for mutation. Attention to detail is key.
      3. Attach Required Documents: Gather all the necessary documents to support your application. These may include the sale deed, gift deed, will (in case of inheritance), death certificate (if applicable), property tax receipts, identity proofs, and passport-sized photographs of both the old and new property owners. Ensure that you have all the required paperwork in order.
      4. Submit the Application: Once you’ve filled out the application form and assembled the supporting documents, submit them to the relevant revenue department or municipal office. This step officially initiates the property mutation process.

      A lot of states allow online property mutation. Visit the official portal to proceed with the application and enter all required details like district, village name, and other details. You can also look up previous online land mutations of landholding records by providing the property and personal details.

      In states like Karnataka, the State Government launched the Bhoomi mutation in 2000 to digitise land records. This platform is for preventing corruption and data manipulation. It is co-funded by the Govt. of India and Govt. of Karnataka.

      The services offered by the Bhoomi mutation process are:

      • Right, Tenancy, and Crop (RTC) information
      • Revenue maps
      • Mutation register
      • Mutation status
      • Mutation extract
      • Tippan

      Visit their website to get the Bhoomi mutation process done. Under the home page click on citizen registration and enter details like Aadhar number, citizen name, etc. Enter the captcha code and click on the submit button. You can check your Bhoomi RTC mutation status online to see if the transfer of your land ownership has been recorded.

      Securing Your Investment: The Significance of Property Mutation

      Property mutation, a process also known as property registration or transfer of title, holds immense importance in the realm of real estate transactions. This section sheds light on the critical reasons why property mutation is a cornerstone of property ownership:

      • Legal Ownership Confirmation: Property mutation serves as the official torchbearer of ownership transfer from the seller to the buyer. It legally validates the alteration in property ownership, providing an indisputable record of the present property holder.
      • Property Tax Assessment: Local authorities heavily rely on mutation records to determine property taxes. Accurate ownership details ensure that property taxes are assessed on the rightful owner, averting any potential disputes or irregularities.
      • Prevention of Legal Entanglements: Proper property mutation is the guardian against legal entanglements and disputes. It establishes a transparent ownership record, reducing the likelihood of fraud, unauthorised sales, or conflicting claims.
      • Access to Utilities and Services: Mutation is often a prerequisite for transferring utility connections, encompassing water, electricity, and gas. Absent proper mutation, the new owner might encounter hurdles in procuring these indispensable services.
      • Financial Transactions: Mutation is an essential precursor for a plethora of financial dealings pertaining to the property. This encompasses applying for a home loan, facilitating future property sales, or using the property as collateral for a loan. Financial institutions invariably demand updated ownership records.
      • Inheritance and Succession Planning: In cases of inheritance, mutation facilitates the seamless transfer of property to legal heirs. It constitutes a pivotal step in succession planning, ensuring the smooth transition of property rights within a family.
      • Preventing Duplicity: Property mutation acts as a sentinel against double-dealing or the sale of the same property to multiple buyers. Once a property is mutated in favour of a buyer, it becomes an integral part of official land records.
      • Legal Recognition of Alterations: In instances of property modifications, such as renovations or expansions, mutation bestows legal recognition and documentation of these changes. This guarantees that property records remain current and accurate.
      • Resale and Marketability: Properties with well-documented mutation records are more marketable for resale. Prospective buyers often scrutinise ownership history and legal status before committing to a purchase.

      Property mutation is not just a formality; it is a safeguard for property owners, offering legal protection and paving the way for secure and trouble-free property transactions.

      Interesting Facts About Property Mutation You Need to Know

      Here we’ve rounded up the most amazing things about property mutation you need to know about:

      Who Can Get Property Mutation Done?

      Those who purchase land or apartments or inherit it in the form of a will or gift will have to get mutation done.

      When Mutation of property can be done in India?

      Although mutation is a fairly important process and requires the involvement of both the seller and the buyer, the process is considered a legal formality and it can be completed anytime after the transaction is completed. Technically, the mutation of property in Delhi is different from a property that had a land mutation in Mumbai.  This is due to the difference in governing bodies of these states.

      Land Mutation

      When land is purchased, a property mutation has to be made because without getting one, the transfer of title will not be complete. While land mutation is not binding in legal ways, they must get it done within three to six months after purchasing land. This will allow the government records to be updated and prevent confusion with new land ownership. 

      Apartment Mutation

      The transfer of ownership for new owners of flats and apartments happens after the registration is completed. Since mutation is a legal formality, which can get done any time after the contract. But, if one has to sell the apartment in the future, they would have to show the property mutation status for utilities such as water service and power. 

      Property Mutation
      Property Mutation

      Prior Claim to Mutation 

      It will be in your best interest to check the property mutation status now and then. This will help you discover any fraudulent transactions carried out. In the case of a deceased owner, the mutation can take place by providing a death certificate and other documentary proof. Or if the house seller is a power attorney holder, then the title should be re-entered in the revenue records. 

      Extra Simple Mutation Process 

      All land and property records are maintained by the local municipal bodies. This is where house owners get the mutation done. There are many states that have made online mutation possible and have resourceful systems to support it. But this is not valid for new owners. They still have to go to the municipality to submit and wait for the approval of the mutation application status. 

      Essential Documentation for Property Mutation

      A mutation certificate of land is considered a valid document for property transactions. In a situation where the government acquires agricultural assets, the settlement funds released by them will come under the mutation document holder. The process can be submitted to the local area revenue officer.

      You will need to submit a few documents during the mutation process. Review the documents needed below to ensure that you understand all potential impacts. 

      • a full copy of the sale deed completion
      • mutation application form attached with the necessary stamp fee
      • Stamp paper of required value including affidavit and indemnity bond
      • Up-to-date paid receipts of property taxes 
      Property Mutation
      Property Mutation

      In the case of inheritance or will a few other documents will be required for the mutation process:

      • property mutation application form attached with stamp paper and the required fee
      • Death certificate of the deceased owner
      • Indemnity and affidavit stamp paper of required value
      • Up-to-date tax payment receipts
      • Payment receipts from the sub-registrar office 

      Those new to the process of mutation will find the process difficult and confusing. You can consult a legal investment consultant who will guide you with the paperwork.

      Understanding the Cost of Property Mutation

      There is a nominal fee for the property mutation process. The local civic body will also charge a nominal fee of Rs.25-Rs.100. This will vary from state to state. The nominal charge is a one-time payment only. 

      Property Mutation
      Property Mutation

      Online Mutation Process is Simply Fast. Who knew? 

      Once all the power-related documents online property mutation is submitted, the local revenue inspector will validate the documents and visit the property for inspection. Only then, the application will get processed. The new owner will receive a copy of the mutation 15-30 days after applying, indicating they have a claim over the property. In the case of land mutation, the process will take a month for changes to show property mutation status. 

      What is the Format of a Mutation Certificate?

      Mutation of land records is the process of changing the title ownership from one individual to another. After the mutation process is complete, a mutation certificate is issued. Here is the format of a mutation certificate:

      1. Name of the owner
      2. Property details
      3. The date of mutation
      4. Mutation order number
      5. Revenue department’s seal and signature

      A mutation certificate is an important legal document that confirms the change in ownership of the property. It is necessary to keep it safe for future reference.

      NoBroker offers a range of real estate services, including online property management and legal services. Our experts can help you with the mutation process and guide you through the legal requirements. Contact us today to learn more about our services.

      What is the Difference between Mutation and Property Registration?

      AspectMutationProperty Registration
      DefinitionThe process of changing the ownership of the propertyThe process of transferring the ownership of the property from one person to another
      Record LocationRecorded in the revenue records maintained by the governmentRecorded in the sub-registrar’s office
      Ownership TransferDoes not transfer the ownership of the propertyTransfers the ownership of the property

      Mutation alters the title ownership in official records without transferring property rights, whereas property registration is the formal transfer of property rights from one individual to another.

      Time Limit or No Time Limit 

      While landowners must complete the mutation process at once, apartment owners can get the mutation done at their convenience. But it’ll always be good to have your property mutation case status updated in order in case you plan to sell your property in the future. 

      Property Mutation
      Property Mutation

      Supreme Court (SC) view of mutation as property ownership proof

      The Supreme Court of India has clarified the legal position of mutation as property ownership proof. In a recent ruling, the SC stated that mutation of property meaning does not confer any title, nor it creates any right in favour of the owner. It is only an administrative entry made in the revenue records for the purpose of collection of revenue.

      However, the court also acknowledged that mutation certificate meaning is important evidence of possession, which can be used as an additional piece of evidence to prove ownership of the property.

      Example: How to do mutations of the property in Delhi online?

      Now that we are aware of the basic procedure for the mutation of property, let’s take a look at how the process works in Delhi. The online mutation of property in Delhi can be completed on the Municipal Corporation of Delhi website. If you are a property owner in Delhi, you can avail this website for more features like changing the landowner names in property records. The website provides step-by-step instructions on how to change the land owner’s name and how to do property mutation in Delhi online.

      Property Mutation Not Completed?

      The penalty fee comes at a penalty fee of Rs. 25 to Rs. 100, so it is simple to get it done. Apartment buyers often delay the process. But it is always advisable to have the mutation documents completed, as it may complicate the future selling process. You would also need to show proof of the mutation application status in the future. Even legally, it is much safer to have the mutation process done immediately to avoid complications.

      Simplify Property Mutation with NoBroker Legal Services

      Understanding the complexities of property mutation can be challenging, especially if you’re new to the process. However, rest assured that any issues that may arise during mutation are typically manageable and don’t result in adverse consequences. If you’re planning to purchase a residential property or need legal assistance related to property mutation, consider turning to NoBroker. Our team of experienced professionals is at your service, ready to make your property ownership journey as smooth as possible. Your path to property ownership is just a step away with NoBroker’s expertise and assistance.

      FAQ’s

      Q1. How to get a mutation certificate online?

      Ans. Obtaining a mutation certificate online unfortunately isn’t universally available across India. The process typically involves visiting government offices. If you’re in Karnataka, you can access your mutation certificate online through the Bhoomi website. But for other states, the process likely involves visiting the sub-registrar’s office.

      Q2. When does land mutation need to be applied?

      Ans. Land mutation needs to be applied after there’s a change in ownership. This commonly happens when you buy land, mutation ensures the government records reflect you as the new owner, or if you inherit land through a will or gift deed, mutation updates the ownership title in your name.

      Q3. How can I check my land mutation status online?

      Ans. To check your land records mutation status, visit the official land records website of your state or region, and use the property or application ID to view the current status.

      Q4. What are the services that the Bhoomi mutation process offers?

      Ans. The services they offer are – Right, Tenancy, and Crop (RTC) information, Revenue map, Mutation register, Mutation status, Mutation extract and Tippan.

      Q5. What is the importance of mutation in land survey records?

      Ans. The process of mutation in land survey records is crucial as it updates the ownership details in the governmental land records, ensuring legal recognition of the new owner.

      Tamil Nadu Apartment Ownership Act, 2022: History & Details

      Tamil Nadu Apartment Ownership Act, 2022: History & Details

      The Tamil Nadu Apartment Ownership Act 2022 was passed in December 2022. The Tamil Nadu Apartment Ownership Rules 1997 established a legal framework for managing communities, addressing ownership rights, responsibilities, association formation, and maintenance. In this blog, we will tell you everything about Tamil Nadu apartment ownership rules. Read on!

      Revision of Tamil Nadu Apartment Ownership Rules 1997

      However, the 1994 Act had limitations and ambiguities. Hence, a new Act was needed to address issues such as unclear common space ownership, dispute resolution, and antiquated provisions. The draft Act was revised and consulted with stakeholders before being submitted to the Legislative Assembly. Finally, the Tamil Nadu Apartment Ownership Act 2022 repealed the earlier Act in December.

      The Tamil Nadu Apartment Ownership Act Latest Changes

      • One “statement” per project, rather than separate declarations per flat.

      • Only one legally recognised association represents all unit owners.

      • Clearly defined communal spaces and facilities: Improved ownership and maintenance clarity.

      • Enhanced dispute resolution methods for quicker and more effective conflict resolution.

      • Prioritised redevelopment of aged housing buildings via streamlined processes.

      Current state

      • The new Act is in its first implementation phase. 

      • The State Government is still formulating rules and regulations. 

      • Stakeholder awareness and knowledge are vital for its successful implementation.

      Impact

      • The Act aims to bring clarity and efficiency to apartment ownership in Tamil Nadu, protecting owners’ rights, maintaining common areas, and facilitating community management. 

      • Its success depends on practical implementation, stakeholder awareness, and future amendments based on practical experience.

      Purpose and Objectives of Tamil Nadu Apartment Ownership Act, 2022

      To improve the apartment rules and regulations in Chennai, the 2022 Act was passed. Key goals include: 

      1. Better protection of apartment owners’ rights

      • Ensure appropriate care and exploitation of communal spaces and utilities by clarifying ownership.

      • Streamlining conflict resolution for quicker and more efficient grievance relief.

      • Enhanced financial management and transparency in apartment associations.

      2. Apartment community management streamlined

      • Simplified record-keeping and administration using a single “declaration” mechanism for each project.

      • Creating a legal organisation to represent unit owners and improve decision-making and communication.

      • Establishing clear criteria for elections, financing, and bylaws within the organisation.

      3. Meeting changing apartment demands

      • Assisting in redeveloping older residential complexes with transparent processes and protections.

      • Accepting new realities like phase-wise development and mixed-use developments within the legal framework.

      • Encouraging energy efficiency and sustainability practices in apartment complexes.

      4. Better apartment living overall

      • Creating a feeling of community and collaboration among apartment owners.

      • Ensuring open and accountable governance in apartment associations.

      • Fostering a peaceful and pleasant coexistence in apartment complexes using legal means.

      In conclusion, the Tamil Nadu Apartment Ownership Act 2022 seeks to balance individual rights, efficient administration, and a great living experience for all apartment owners.

      Apartment Owners Association Act In Tamil Nadu

      Typically, apartment ownership legislation or laws like the Tamil Nadu Apartment Ownership Act describe many essential rights of apartment complex owners:

      1. Individual Unit Ownership: Apartment owners may own and occupy their apartments inside the complex. This privilege involves exclusive possession and use of the defined place, subject to the ownership deed and rules.
      2. Common Areas and Facilities: Apartment complex owners can access certain common areas, including hallways, stairwells, elevators, parking, and recreational services. These rights are shared by other owners and governed by the apartment owners’ organisation.
      3. Owners may administer their apartment complex via the apartment owners’ association. Attending general meetings, voting on budget approval and association official elections, and acting on the board or committees are all part of this.
      4. Decision-Making: Owners have the right to be informed and advised on critical issues affecting their apartment complexes, such as bylaw amendments, maintenance plans, or renovations. They may also speak out during association meetings and decision-making.
      5. Maintenance and Repairs: Apartment owners are entitled to appropriate care of shared rooms and utilities. They may participate in maintenance decisions, pay maintenance costs, and seek remedies for noncompliance.
      6. Owners have the right to solitude and peaceful use of their properties. The right to quiet occupation without undue interference from other residents or the apartment owners’ association is subject to reasonable rules and regulations controlling expected space behaviour and usage.
      7. Legal Recourse: Owners may pursue legal action for disputes or complaints about ownership rights, association governance, maintenance, or other interests in the apartment complex. Laws and regulations may allow mediation, arbitration, or lawsuit.

      The Apartment Owners Association Act Tamil Nadu promotes amicable cohabitation and successful apartment complex management.

      Formation of an Association of Apartment Owners

      Governance and administration of a multi-unit residential building or complex need the creation of an apartment owner association. The standard method is as follows:

      1. Draft Bylaws: Establishing the organisation requires drafting bylaws to control its activities. Bylaws should state the association’s objective, membership requirements, voting methods, office bearers’ duties, meeting protocols, financial management standards, dispute resolution systems, and other pertinent Tamil Nadu apartment ownership rules.
      2. Initial gathering: After drafting bylaws, the developer or marketer of the apartment complex often calls an initial gathering for all owners. This meeting introduces the association, discusses the proposed bylaws, and solicits owner comments.
      3. At the inaugural meeting, owners might negotiate bylaw measures to align with the collective interests and concerns of the apartment community. Consensus-building is essential to get support for the association’s creation and governance texts.
      4. Registration: Once rules are agreed upon, the organisation must be registered under applicable laws and regulations. Bylaws and other papers are usually submitted to the government body or registrar for registration.
      5. Election of Office Bearers: After association registration, an election is conducted to choose officers, including the president, secretary, treasurer, and committee members, per the rules. All qualified owners should participate in the fair and open election process.
      6. Establishing Committees: Newly elected office bearers might form committees to manage specialised association functions, such as maintenance, finance, legal matters, or social events. Committee members are chosen for their talents, competence, and desire to participate.
      7. After the association is formed and office bearers are elected, it can start operations such as collecting maintenance fees, managing typical areas, organising meetings, addressing resident concerns, and representing apartment owners’ interests.
      8. Continuing participation and Governance: Association formation is only the start of continuing participation and governance. Regular meetings, good communication channels, bylaw adherence, financial transparency, and member engagement are crucial for the association’s apartment complex management and community building.

      The steps for organising an apartment owner association may vary based on local laws, rules, and customs. Legal professionals or appropriate authorities may give context- and jurisdiction-specific advice.

      Rights of Association

      Apartment ownership laws usually provide an association of apartment owners with the following rights:

      1. Common Area Management: The association manages, maintains, and controls common spaces and facilities in the apartment complex, such as hallways, stairwells, elevators, parking, recreational activities, and shared utilities. This involves scheduling maintenance, repairs, renovations, and standard area enhancements.
      2. Maintenance Fee Collection: The organisation may charge unit owners for the upkeep of shared spaces, amenities, utilities, insurance, and administrative expenditures. These fees are usually based on the association’s budget and distributed to owners by unit size or other bylaw criteria.
      3. Enforcement of Bylaws and Regulations: The association may enforce apartment complex governance rules and regulations. This comprises regulations for resident behaviour, common space usage, pet restrictions, parking, architectural principles, and other issues impacting community cohesion.
      4. Representation of Owners’ Interests: The association may advocate apartment owners’ interests with external parties, including government agencies, service providers, contractors, and adjacent communities. This may include representing the community, negotiating contracts, settling conflicts, and participating in critical decision-making.
      5. Management of Association Affairs: The association can conduct meetings, maintain records, prepare financial statements, appoint committees, hire staff, and engage in other administrative activities for effective functioning.
      6. Dispute Resolution: The association may create processes for resolving issues among unit owners, between owners and the association, or between the association and external parties. Mediation, arbitration, or legal proceedings under relevant rules and regulations.
      7. The organisation can alter its bylaws or regulations, following the processes and conditions outlined in the bylaws and relevant legislation. Bylaws may be modified to reflect changing conditions, governance issues, or community needs and preferences.
      8. Legal procedures: The organisation may start or defend legal procedures for unit owners’ collective interests. This may involve legal action for breaking apartment owners association bylaws in Tamil Nadu. 

      These powers allow the association to manage the apartment complex, protect owners’ interests, and foster communal harmony.

      Formation of a Federation

       A federation of apartment owners’ groups works together on similar concerns, shares resources, and advocates for collective interests. A broad process outline:

      1. Identify Common Interests: Apartment owners’ groups seeking federation should identify shared problems that may be handled collectively. These may involve legislative or policy lobbying, property management best practices, collaborative service procurement, or community event coordination.
      2. Network with other apartment owners’ groups to assess interest in joining a federation. Associations may network, discuss, and explore cooperation via conferences, networking events, or online forums.
      3. Set Goals and Objectives: Define federation goals based on member organisations’ shared interests and priorities. These aims include strengthening government, community amenities, environmental sustainability, or legislative change.
      4. Draft Federation Bylaws: Outline the objective, organisation, membership requirements, decision-making procedures, and operational elements of the federation in governing papers. Member organisations should help write bylaws that assure democratic representation and accountability.
      5. Membership Drive: Solicit membership from apartment owners’ organisations aligned with the federation’s aims. Membership requirements may include geographic closeness, association size, property type, and readiness to contribute resources or expertise to federation operations.
      6. Elect Leadership: Appoint federation officials like the president, vice president, secretary, treasurer, and committee chairmen via elections. These leaders should be member association representatives supervising the federation’s operations and advocating its interests.
      7. Create Committees and Working Groups: Create committees or working groups for legislative lobbying, property management, community participation, or environmental sustainability. The federation’s committees may create action plans, arrange events, and coordinate projects.
      8. Advocacy and Collaboration: Collaborate with member organisations to promote shared objectives locally, regionally, or nationally. This may entail lobbying lawmakers, public discussions, or cooperating with stakeholders to achieve goals.
      9. Communicate and Coordinate: Stay in touch with member associations and the federation via newsletters, websites, social media, or meetings to share information and ideas and coordinate efforts.
      10. To enhance the federation, evaluate and adapt its actions, analyse progress towards objectives, and gather input from member organisations. Adaptation and flexibility are essential for the federation to meet members’ changing demands.

      Following these steps and encouraging collaboration among member associations, a federation of apartment owners’ associations can increase their collective voice, leverage resources more efficiently, and improve community quality of life.

      Penalties

      Apartment ownership organisations often penalise violators of their bylaws, rules, regulations, or laws. The association’s governing papers typically include these sanctions, which vary by crime type and severity. Examples of common punishments are:

      1. Financial penalties: The association may fine Apartment owners and occupants for nonpayment of maintenance fees, noise violations, and architectural violations. The association’s rules establish the fine, which may increase for repeat infractions.
      2. Suspension of privileges: For significant or frequent infractions, the association may limit access to common areas, parking spots, or recreational facilities until the problem is resolved or a penalty is paid.
      3. Legal action: The association may take legal action against the offender for chronic or severe noncompliance. If dues are not paid, this may include injunctive remedy, a lawsuit for damages, or foreclosure.
      4. Loss of voting rights: Owners may lose their voting rights at association meetings for noncompliance with bylaws or unpaid financial obligations.
      5. If an owner on the association’s board or executive committee violates regulations or acts against community interests, they may be removed.
      6. The association may order the offender to conduct community service or take remedial activities to remedy the infraction and reduce its effect on the community.
      7. Criminal penalties: Extreme fraud, theft, vandalism, or violence may result in law enforcement involvement, criminal charges, fines, or incarceration.

      Penalties must be fair, consistent, and conform to the association’s rules and regulations. To preserve due process and member rights, associations should clarify penalty appeals and dispute resolution.

      NoBroker: Simplifying Home Management for Owners 

      The Tamil Nadu Apartment Ownership Rules 1997 is essential for cohesive and well-managed residential communities. If you want to know more about this rule or need legal guidance, simply contact NoBroker Legal Services. If you own a home, you should check out NoBroker Owner’s Club, one of the largest homeowners groups in India. 

      Frequently Asked Questions

      1. How are maintenance costs set and due?

      Apartment complex maintenance fees depend on the apartment unit’s size, the association’s facilities and services, and the property’s total maintenance expenditures. These costs fund landscaping, repairs, common area utilities, insurance, and administration.

      2. What are the responsibilities of the apartment owners’ association?

      The apartment owners’ organisation manages and maintains common spaces and amenities and enforces ordinances and regulations. These duties ensure the apartment complex’s appropriate operation, maintenance, administration, and inhabitants’ well-being and contentment.

      3. When are association meetings, and who may attend?

      The association’s rules usually require yearly general, unique, and board meetings. Meeting frequency and schedule depend on the association’s needs and bylaws. Tenants or other stakeholders may attend meetings as observers, but only owners may vote in specific organisations.

      4. How do apartment complex problems get resolved?

      Issue resolution in the apartment complex depends on the type and severity of the issue and the association’s rules. Some typical conflict resolution methods include informal discussion or mediation between the parties involved.

      5. How can I get involved in the apartment owners’ association?

      Volunteering for the apartment owners’ association may improve your community’s health and governance. Participate in committees or working groups related to interests such as gardening, social events, or finance. Read association newsletters, notifications, or online messages to be informed about community concerns, activities, and projects.

      Maharashtra Apartment Ownership Act 1970: Details and Application

      Maharashtra Apartment Ownership Act 1970: Details and Application

      The Maharashtra Apartment Ownership Act 1970 governs apartment ownership and management in Maharashtra, India. This legislation addressed the rising apartment living trend and provided a legal foundation for apartment complex administration. The statute requires the creation of a cooperative society or group of unit owners to maintain, repair, and manage common spaces and amenities in the complex. Residents feel more connected when common areas and facilities are managed collectively. 

      The statute also governs unit ownership transfers and disputes between residents or the organisation and individual owners.  Also, the Maharashtra Apartment Ownership Act of 1970 regulates apartment complex connections and affairs, fostering orderly growth and peaceful living. Let’s learn more about this act and its benefits. 

      Application of Maharashtra Apartment Ownership Act 1970

      All Maharashtra apartment buildings and complexes are covered under the 1970 Maharashtra Apartment Ownership Act. It covers apartment ownership, management, and government in such complexes.

      Some significant places where the Maharashtra apartment ownership rules applies:

      1. Apartment Owners groups: The legislation governs the creation and operation of groups or societies of apartment owners within a complex. It describes how to form these organisations and their duties.
      2. Ownership Rights and Responsibilities: The statute defines individual unit owners’ rights and responsibilities within a complex. It establishes the ownership structure, including common spaces, amenities, and unit borders.
      3. Management and upkeep: The legislation governs common area and facility upkeep in residential complexes. It distributes maintenance costs and manages common facilities fairly.
      4. Transfer and Inheritance of Ownership: The statute governs apartment ownership rights and property interest transfers. It covers inheritance and ownership succession.
      5. Dispute Resolution: The statute addresses problems between apartment owners, the association, or the interpretation and implementation of the act.

      The 1970 Maharashtra Apartment Ownership Act covers all areas of apartment ownership and administration in the state to promote orderly government and harmonious living in apartment complexes.

      Removing Property From The Act’s Regulation

      Removing a property from the Maharashtra Apartment Ownership Laws 1970 requires a legal procedure and compliance with the laws. A summary of possible methods:

      1. Review the Act: Read the Maharashtra Apartment Ownership Act of 1970 to learn how to remove a property from its regulation. Check for relevant provisions.
      2. Consult with property law specialists to discuss removing the property from the act’s regulation. They can explain the processes and verify legal compliance.
      3. Get clearance from the association or management committee if the property is in an apartment complex administered by an association or society. This may include meetings and consensus or following the association’s bylaws.
      4. Prepare legal papers to establish the property removal from the act’s regulation. As needed by the statute and apartment association rules in Mumbai, this may entail authoring resolutions, agreements, or governing document revisions.
      5. Filing with Authorities: Submit needed paperwork to authorities as per legislation. Depending on the property and regulatory requirements, this may include filing with government authorities registering property or cooperative associations.
      6. Compliance: Meet legal and procedural conditions for property removal from the act’s regulation. This may involve paying fees, meeting deadlines, and following government rules.
      7. After completing the removal procedure, inform all impacted parties, such as association members, renters, and stakeholders, of the change in regulatory status.

      To lawfully remove the property from the Maharashtra Apartment Ownership Act of 1970, complete the legal processes and get professional counsel.

      Share of Property Owned By The Owner

      According to the Maharashtra Apartment Ownership Act 1970, each owner’s share of property in an apartment complex is usually based on the size of their apartment unit compared to the total area of all units. This ownership share gives the owner rights and obligations in the complex’s organisation or society.

      Here’s how owners’ property shares are usually determined:

      1. Ownership share often depends on the size or area of the apartment unit held by the owner. Ownership shares are more outstanding for larger units and lower for smaller ones.
      2. To determine ownership share, use a percentage of the total area of all units in the apartment complex. Owners generally have a 10% ownership share if their unit is 10% of the complex’s total space.
      3. Ownership shares grant rights and duties within the apartment owners’ group or society. Examples include voting rights at association meetings, proportional representation in decision-making, and ownership-based maintenance contributions.
      4. The ownership portion is established in title deeds and other legal documents linked with the property. These papers determine apartment complex rights, duties, and liabilities by owner proportion.

      Owners must comprehend their ownership share and its consequences for governance, decision-making, and financial duties under the Maharashtra Apartment Ownership Act of 1970-governed apartment complex.

      Maharashtra Apartment-Flat Ownership,1963 And Maharashtra Apartment Ownership Act, 1970: A Comparison 

       It is necessary to distinguish between the historical context, scope, provisions, and objectives of the Maharashtra Apartment Flat Ownership Act 1963, and the 1970 Act.

      1. History

      The 1963 Maharashtra Apartment-Flat Ownership Act

      • The Maharashtra Apartment Flat Ownership Act of 1970 was an early Indian law governing apartment flat ownership and administration.

      • The law was designed to address the rise of apartment living and provide a legal framework for flat ownership in multi-unit residential complexes.

      The Maharashtra Ownership of Flats Act was adopted with the rise of apartment living, especially in metropolitan areas, highlighting the need for precise restrictions on individual flat owners’ rights and obligations.

      The 1970 Maharashtra Apartment Ownership Act

      • The Maharashtra Apartment Ownership Statute, 1970, updated and replaced the 1963 statute.

      • The act updated and modernised apartment ownership and governance, addressing evolving needs and complexities. 

      • The act introduced a more robust legal framework for apartment complex ownership, management, and administration, addressing various issues.

      2. Extent and Conditions

      The 1963 Maharashtra Apartment-Flat Ownership Act 

      • primarily addressed individual flat ownership in multi-storeyed structures.

      • The act established regulations for flat ownership, including property division, common areas, and facilities. 

      • It also outlined the rights and responsibilities of flat owners and procedures for forming cooperative societies or associations to manage common areas and facilities.

      The 1970 Maharashtra Apartment Ownership Act

      • The 1970 statute broadened ownership and control of apartment complexes beyond individual flats.

      • The act established and regulated apartment owners’ associations or societies to manage common areas, facilities, and services. 

      • The act covered apartment ownership and management, including clear title, standard area maintenance, dispute resolution, and ownership rights transfer.

      3. Goals and Plan

      The 1963 Maharashtra Apartment-Flat Ownership Act

      The primary goal of the 1963 act was to legalise and protect flat owners in multi-storeyed buildings. It also regulated the division and use of common areas and facilities to ensure equitable access and maintenance.

      The Maharashtra Apartment Ownership Act, 1970 

      aimed to modernise and strengthen the legal framework for apartment ownership and governance in Maharashtra. It addressed challenges such as collective decision-making, maintenance, and dispute resolution and promoted orderly development, efficient management, and harmonious living within apartment complexes.

      4. Impact, evolution

      The 1963 Maharashtra Apartment-Flat Ownership Act 

      •The 1963 act was a crucial step towards recognising and regulating apartment ownership in Maharashtra, although its reach was restricted compared to subsequent laws.

      The 1970 Maharashtra Apartment Ownership Act

      • The 1970 legislation changed the legal framework for apartment ownership and management in Maharashtra, providing new laws to address the complexity of urban apartment complex administration. The statute set the standard for apartment complex construction and regulation in Maharashtra for decades.

      In conclusion, the Maharashtra Apartment Flat Ownership Act 1970 regulated apartment ownership in Maharashtra, although they had different scopes, regulations, and goals. The 1963 statute addressed individual flat ownership in multi-story buildings, whereas the 1970 act covered apartment complex government and management. The 1970 statute was more comprehensive and updated, reflecting urban apartment living’s changing requirements and problems. These laws established the legal basis for apartment ownership and administration in Maharashtra, ensuring orderly growth and peaceful living in apartment complexes.

      Learn More About Real Estate Laws With NoBroker 

      It might be difficult to navigate India’s complicated real estate legal system, but with the correct assistance, it becomes easier. It’s important to emphasise the value of expert advice as we wrap up our examination of the most important real estate regulations, and NoBroker’s legal specialists excel in this regard. It’s a smart move to get in touch with NoBroker’s legal specialists for tailored guidance and support. NoBroker is a source of support for all real estate transactions, whether you’re buying, selling, or renting; it makes the process easier to grasp and available to everybody.

      Frequently Asked Questions

      1. What is the Maharashtra Apartment Ownership Act of 1970, and who does it apply to?

      The Maharashtra Apartment Ownership Act of 1970 governs the ownership and management of apartment complexes in Maharashtra, India. It applies to all apartment buildings and complexes within Maharashtra, including residential, commercial, and mixed-use developments.

      2. What are the key provisions of the Maharashtra Apartment Ownership Act of 1970?

      Some key provisions of the act include guidelines for the formation of apartment owners’ associations or societies, delineation of individual ownership rights within apartment complexes, regulations for the management and maintenance of common areas and facilities, procedures for the transfer and inheritance of apartment ownership, and mechanisms for resolving disputes among residents or between the association and individual owners.

      3. How does the act affect individual apartment owners?

      The act grants individual apartment owners certain rights, such as the right to participate in the affairs of the apartment owners’ association or society, the right to use common areas and facilities, and the right to transfer or inherit ownership of their apartment unit. Additionally, apartment owners are obligated to comply with the rules and regulations established by the association and contribute to the apartment complex’s maintenance expenses.

      4. What is the role of apartment owners’ associations or societies under the act?

      Apartment owners’ associations or societies play a central role in the governance and management of apartment complexes under the act. They are responsible for overseeing the administration, maintenance, and upkeep of common areas and facilities, collecting maintenance charges from individual owners, resolving disputes among residents, and representing the collective interests of apartment owners.

      5. How can disputes be resolved under the Maharashtra Apartment Ownership Act of 1970?

      The act provides mechanisms for resolving disputes that may arise among apartment owners, between owners and the association, or concerning the interpretation and enforcement of the act itself. Disputes may be resolved through negotiation, mediation, or arbitration and, in some cases, may be adjudicated by the appropriate legal authorities.

      EC Telangana: Your Comprehensive Guide to Encumbrance Certificates

      EC Telangana: Your Comprehensive Guide to Encumbrance Certificates

      “Encumbrance” means the charges that are usually put upon the property that is in question. The property becomes encumbered when the owner has outstanding debts that remain uncleared within the stipulated time. An encumbrance certificate serves as an assurance, indicating that the property is secured and free from any financial liabilities, such as mortgages or unpaid loans.

      Unraveling these nuances, this blog navigates the intricate world of the Encumbrance Certificate in Telangana. Join us as we promise insights into obtaining, downloading, and verifying ECs online. 

      Encumbrance Certificate Telangana

      Encumbrance Certificate Telangana
      ( Visit the state official portal of Telangana and register for your EC today )

      An encumbrance certificate, as mentioned earlier, is a very crucial document when purchasing a property. It specifically contains all the transaction details for that particular property. 

      You can also access the encumbrance certificate Telangana online. The encumbrance certificate is issued by the Sub-Registrar of the property’s jurisdiction in the Telangana state. And in today’s post, we will precisely see how to obtain an encumbrance certificate in Telangana online.

      Here is why an EC Online Telangana is essential:

      • This certificate is highly critical in applying for a home loan from a bank.’
      • It is crucial to get a loan for a particular property
      • It is vital in case no individual wants to purchase your property
      • It can be used as a piece of evidence to show that the building doesn’t have any said liabilities
      • This certificate records all the previous transactions concerning the property

      How To Apply for Ts Encumbrance Certificate Online Ts (Meeseva Portal)

      • Go to your state’s land registration website (official). The Meeseva portal
       EC online in Telangana
      • You’ll be taken to the home page of the portal. Here, click on government forms.
       EC online in Telangana
      • Now, click on Meeseva services from the list.
       EC online in Telangana
      • Here, you will see the list of departments. Select the department you want to register for.
       EC online in Telangana
      • Get the form and submit the form to your nearby office. Also, pay the fee 
      • You will get an acknowledgment slip after that. Please keep it safe with you.
      • Now your application will be inspected and sent to the sub-registrar’s office
      • After the confirmation, the Meesava center will send you the EC status, details, and other important information.

      EC Download Telangana 

      Encumbrance Certificate Telangana Download
      ( You can easily download encumbrance certificate Hyderabad from the official state website)

      The steps to download the Telangana EC online are mentioned today here below.

      It is pretty easy now to search for and download the encumbrance certificate Telangana online within minutes. 

      Get to know the exact steps for encumbrance search Telangana:

      • Go to the official website of Telangana state. 

      http://registration.Telangana.gov.in/TGCARDecClient/ 

       EC online in Telangana
      • Go through the encumbrance Statement of the property as well as the entire record carefully and then click on the “submit” button.
       EC online in Telangana
      • Now select the “next” button at the bottom of the pop-up.
      • Please write the name of the candidate and other information, then proceed further and submit it.
      • Opt for the “select all” option & select the submit icon
      • Now you can see the EC displayed on the screen
      • Select the print button and click the “download EC” option

      Online EC Search Telangana

      You can also search EC Telangana online. Here are the steps to search for the certificate online.

      • Go to the official website at registration.Telangana.gov.in.
       EC online in Telangana
      • Go for the EC search link/button on the sidebar.
       EC online in Telangana
      • Click on accept terms and conditions and then select the submit option.
       EC online in Telangana
      • “Search for encumbrance” will appear on the screen
      • Select your doc number first. Followed by that, enter the record number and then the year or date of the Telangana registration EC.
       EC online in Telangana
      • The record number or document number is self-explanatory.

      EC Status Telangana

      EC Status Telangana
      ( All the websites across India provide the facility of viewing the encumbrance certificate status)

      The method of tracking the ts EC application is different on different websites. All the government sites from where you can apply for an encumbrance certificate can help you track the status of these certificates as well. 

       EC online in Telangana
      • Select the Encumbrance certificate option on the right-hand side under the online services option. Tap on the “submit” option.
      • Now you’ll be taken to a new window. You will be displayed with all the terms, conditions and other information such as document number, EC number, as so on…
       EC online in Telangana
      • Now select the submit option
       EC online in Telangana
      • Fill in all the required details asked and select the submit option.
       EC online in Telangana
      • This will lead you to a new pop-up of encumbrance certificates, and you can now search, view, or download your EC.

      As said earlier, the different websites have different processes to apply EC online in Telangana. If you visit a sub-registrar office and apply for an EC certificate, then you’ll get it in 15-30 days.

      But when you apply for online EC Telangana, then you have the chance of getting it faster. You will get it usually within 2 to 3 working days.

      Ec Verification Telangana

      Ec Verification Telangana
      (Your EC papers are continuously verified by the property inspectors thoroughly)

      The property inspectors take an adequate amount of time and inspect all the documents and property papers submitted by you online or at a sub-registrar’s office.

      EC Check Telangana

      Check EC Telangana
      ( You can check ec online for Telangana and save your land/building from government security)

      The encumbrance certificate Telangana status can be checked online through these steps:

      • If you’re an applicant, then visit the Meeseva portal
      • Now type the “certificate number”
      • Click on Go. And now you can see the EC criteria as well as the registration year of EC.

      And now, you can view the status of your EC certificate in Telangana as per the current date and time.

      And this is your most straightforward and quickest method of viewing an EC Telangana status. You can also view the status if you’re from some other city. For example, you can search for an encumbrance certificate in Hyderabad if you’re from there. The steps and procedure to search for an encumbrance certificate online in Hyderabad as well.

      EC Document Telangana

      EC Document Telangana
      ( EC document Telangana will help prove that your property is free from all kinds of liabilities)

      The essential documents required for applying for an encumbrance certificate are as follows:

      • The details of your property as well as the title deed.
      • In case, if any, the deed was executed before for the property. This can be anything from sale deeds to gift acts or even partition deeds.
      • The number of the deed contains the book number as well as the date of the deed. The signature of the applicant is also to be checked.
      • Registration papers of the property
      • Address details of the applier.

      We advise you to visit your registrar’s office to get more details on the encumbrance certificate process in your state. 

      In conclusion, obtaining an Encumbrance Certificate in Telangana is a pivotal step in ensuring the transparency and security of your property transactions. You can visit the official state portal to download and verify your EC. For a seamless experience without potential pitfalls, consider the comprehensive legal services offered by NoBroker. Our expertise ensures a hassle-free process, addressing any concerns that may arise during your property ownership journey. 

      Frequently Asked Questions

      Q1. What is IGRS Telangana EC?

      Ans. IGRS Telangana EC refers to the Encumbrance Certificate service provided by the Integrated Grievance Redressal System (IGRS) in Telangana. It is a document that provides information on any encumbrances on a particular property, such as mortgages or liens.

      Q2. What is Telangana Registration and Stamps EC?

      Ans. Telangana Registration and Stamps EC refers to the Encumbrance Certificate issued by the Telangana government, providing information on any legal liabilities or charges on a property, and ensuring transparency in property transactions.

      Q3. Where do I submit my Telangana land registration papers?

      Ans. You can submit the Encumbrance Certificate for Telangana State online or with your nearby office, or you can visit the Telangana EC portal/ Meeseva portal and submit it online.

      Q4. When can I expect the EC Telangana results to be announced?

      Ans. The EC Telangana results are typically announced within a few weeks after the examination date. Candidates can stay updated by checking the official website of the conducting authority.

      Q5. What is Maa Bhoomi EC Telangana?

      Ans. Maa Bhoomi EC Telangana is an online platform developed by the Telangana government for citizens to access land records and property-related information conveniently.

      Q6. How can you view the market value of lands for stamp duty?

      Ans. You can use the Telangana Government’s Integrated Grievance Redressal System (IGRS Telangana) website to find the market value of the land.

       Encumbrance Certificate in Tamilnadu: Eligibility and Application Process

       Encumbrance Certificate in Tamilnadu: Eligibility and Application Process

      The Encumbrance Certificate (EC) provides a history of a property and is issued by the government’s sub-register office. Tamil Nadu Government offers an online option for obtaining the EC, simplifying the process and helping residents verify if a property is free from legal or financial liabilities before purchase

      The Encumbrance Certificate has always been the most important document regarding land registration. Previously, people had to apply for the EC certificate in Tamilnadu by visiting the appropriate office manually. EC Online in Tamilnadu can now be applied for in most Indian states, including Tamil Nadu, at tnreginet.gov.in. If you want to receive your Encumbrance Certificate online through the Tamilnadu government’s official TNREGINET portal, you should have your property details with you when following the steps below.

      Under What Circumstances Do You Need an Encumbrance Certificate in Tamilnadu?

      If you’re seeking an independent house for sale in Tamilnadu, you’ll almost certainly need an EC after closing the deal, but there are other times when possessing an EC is beneficial. Among them are –

      • When it comes to purchasing a home
      • When you’re looking for a home loan
      • When you’re ready to sell your home
      • When you wish to change a property’s value
      • When you want to take money out of your Provident Fund to buy a house

      Who is Eligible to Apply for an Encumbrance Certificate?

      Anyone who has a property or money transaction with a banking institution can apply for an EC Online in Tamilnadu. The encumbrance certificate is a financial institution’s acknowledgment that your property is being used as collateral for a loan you’ve taken out. It will also include information about the person who took out the loan with the financial institution.

      How to Apply for EC/Villangam Certificate Online Tamilnadu?

      EC Online Tamilnadu
      Getting the EC online Tamilnadu is easy, quick and centralised

      Before Applying for the Tamilnadu EC online or any other document, the applicants should register on the Official Portal as a Citizens. Here are the steps to apply encumbrance certificate online in Tamilnadu:

      Step 1: Account Creation on TNREGINET

      • New Users: Go to TNREGINET portal, sign up by providing a username, password, address, ID number (PAN/Aadhaar/driving license, etc.), and contact information. Receive an OTP to complete registration.
      • Existing Users: Log in with your credentials.

      Step 2: Email Verification

      After registration, look for a confirmation email from the authority to verify your account.

      Step 3: Accessing the Portal

      Post verification, log in to your TNREGINET account.

      Step 4: Initiating EC Application

      Navigate to ‘E-services’ on the homepage. Select ‘Encumbrance Certificate’, then ‘Search and Apply EC’.

      Step 5: Filling in Property Details

      Input necessary property information, including zone, district, survey numbers, house details (plot/flat/door numbers, ward, block, boundaries), and any relevant document numbers. Enter the captcha and search for the EC.

      Step 6: Applying for EC

      Review the displayed documents related to your search. Click ‘Apply Online’.

      Step 7: Personal Information and Payment

      Input your name and contact information. View the payment details and proceed to the payment portal.

      Step 8: Completing Payment

      Fill in the e-payment form with relevant details. Select your bank and complete the payment process.

      Step 9: Finalising the Application

      After payment, you’ll receive a bank reference number, CIN number, and transaction ID. Keep these for future reference. The sub-registrar will review and approve your application, after which the EC, complete with a QR code and digital signature, will be sent to your account. You’ll also receive an SMS notification.

      Step 10: Accessing the EC

      To view the digitally signed EC, go to ‘E-services’ > ‘Encumbrance Certificate’ > ‘Request List’.

      Certificate Of Encumbrance On Property Tamil Nadu Offline 

      Here’s a streamlined guide for applying for an Encumbrance Certificate (EC) or Villangam Certificate in Tamil Nadu:

      Documents Required for EC or Villangam Certificate Application:

      • Address Proof: Provide an attested copy of your address proof.
      • Property Details: Information about the property in question.
      • Title Details: Specifics regarding the property’s title.
      • Payment: Be prepared to pay the necessary fee for the TN EC online services.

      Application Process:

      • Step 1: Submission at the Sub-Registrar’s Office
        • Fill out the application form for the EC or Villangam Certificate. This form can be downloaded from the relevant website.
        • Submit the completed application along with all required documents to the sub-registrar’s office.
      • Step 2: Document Verification
        • The authority will examine all submitted documents to verify their legality.
      • Step 3: Issuance of the EC
        • Following verification, an Encumbrance Certificate detailing all property transactions, or a Nil Encumbrance Certificate in case there are no transactions, will be issued.
        • The process typically takes between 15 to 30 days from the application date.

      Documents Required to Apply for TN EC / Villangam Certificate Offline

      The Tamilnadu ec online / Villangam certificate online in Tamilnadu can be applied offline too at the local sub-registrar’s office. The following are the documents needed to apply for land EC in Tamil Nadu:

      • Complete details and documents of the property
      • Attested copies of the address proof
      • Property Title Details

      If you prefer to get the details offline and do not want online EC Chennai Tamilnadu you can do it easily. To obtain the TN Villangam Certificate offline, the requisite funds must be deposited to the local authorities along with the documents mentioned above.

      Encumbrance Certificate Validity in Tamilnadu

      An Encumbrance Certificate contains a list of all registered property transactions that occurred within the specified period. Individuals can obtain a property’s Encumbrance Certificate for a duration of up to 30 years.

      How to Check Encumbrance Certificate Online in Tamil Nadu? 

       Ec Online In Tamilnadu
      Tamilnadu residents can get online registration information to avail encumbrance certificate Tamilnadu by visiting the local Sub-Registrar office. To obtain TN EC online, visit the tnreginet portal and follow the instructions provided.

      Here is how to check land EC online in Tamilnadu:

      1. To access the Tamilnadu Registration Department’s home page, go to tnreginet.gov.in.
      2. If necessary, select the English Language in the top-right corner.
      3. From the top menu, hover over E-Services.
      4. To view an encumbrance certificate, go to Encumbrance Certificate > View EC. With EC view online Tamil Nadu, property owners can view and download their ECs at any time.
      5. To access your Encumbrance Certificate, select EC.
      6. Select Zone > District > Sub-Registrar Office from the drop-down menu.
      7. Provide the following information: EC Start Date > EC End Date
      8. The village should be chosen (Area)
      9. Subdivision Number > Enter Survey Number
      10. Select Add > Fill in the security code displayed on display.
      11. Wait for the results to appear after pressing the Search button.
      12. That’s all there is to it; the Encumbrance Certificate for your property information is now displayed on the screen.
      13. Select the choice and save EC to your computer for future use.

      How to Get a Digitally Signed Copy of The EC Online in Tamilnadu?

      The process for getting a digitally signed copy of an encumbrance certificate for land in Tamilnadu has been simplified. To do so, go to the www.tnreginet.com portal and select ‘E-services’ from the drop-down menu. Click on ‘Search and Apply EC’ after selecting ‘Encumbrance Certificate.’ 

      However, you have to create a new ID and log in to the www.tnreginet portal again, using the same steps as before. Make your EC payment through the online payment gateway. The digitally signed online EC will be available for download via the same menu’s ‘Request List’ option. Manual Encumbrance certificate charges in Tamil Nadu are higher compared to online charges as they involve more processing time and effort.

      • EC Application fee- Re 1.
      • Search Fees for the first year – Rs. 15
      • Search fees for every following year – Rs 5
      • In the computerised period, that is, from 1987 onwards, there is an additional fee. – Rs 100

      Tamilnadu Encumbrance Certificate Charges

      The EC charges in Tamil Nadu are listed below.

      1. Search and issue a certified Encumbrance Certificate for Rs. 200. (Search copy per certificate)
      2. Rs. 200 for issuing an EC copy for a period of up to 30 years (price per certificate)
      3. Rs. 500 for the issue of an EC copy that has been in existence for more than 30 years (price per certificate)

      How Long Does It Take to Receive an Encumbrance Certificate After Applying?

      The Tamilnadu land EC online takes about 5-7 days to obtain if the application is completed online. However, if the full process were completed offline, it would take 15 to 30 days.

      Whether you’re looking for an independent house for sale in Chennai, a flat in a fashionable neighborhood, or just a simple place with all the necessities, make sure you have the Encumbrance certificate.

      How to Correct an Encumbrance Certificate in Tamilnadu?

      When asking for an encumbrance certificate in Tamil Nadu, one should always be cautious. Users registering for EC Online in Tamilnadu or encumbrance certifications in Chennai and other cities must understand the correction deed. If your certificate contains any problems, you must apply for a rectification deed and provide documentation that the previous encumbrance certificate contained errors. The only adjustments to an encumbrance certificate that can be made are clerical; no substantive alterations can be made. The documents that have been filed to the sub-office registrars are irreversible. As a result, a rectification deed will not correct any errors in the original documents.

      Limitations of Encumbrance Certificate in Tamilnadu

      In Tamil Nadu, an online ec Tamil Nadu contains information about the requested period. Therefore, any information provided before this time is not reflected in an encumbrance certificate. Similarly, an Encumbrance Certificate Tamil Nadu does not represent any oral agreements or unregistered paperwork.

      What is a Non-Encumbrance Certificate in Tamilnadu?

      When no transactions concerning the property have occurred throughout the period for which an EC is necessary, a non-encumbrance certificate is issued in Tamil Nadu. A nil encumbrance certificate is another name for this certificate.

      Court Litigations to be seen in EC

      The Madras High Court has issued a unique judgment, stating that prospective buyers and interested parties should view court rulings in the EC. Given that, before now, buyers had to approach civil courts to remove contested entries in the jurisdictional civil courts, Justice N Anand Venkatesh remarked thus.

      Nil-encumbrance Certificate in Tamilnadu

      A nil encumbrance certificate is the same as a non-encumbrance certificate which is issued when there are no transactions involving the property throughout the time frame for which an encumbrance certificate is required.

      Types of Encumbrance Certificates in India

      Encumbrance certificate (EC) is a legal document that certifies that a property is free from any legal or financial liabilities. In India, there are two types of ECs: Form 15 and Form 16. Form 15 is issued for a particular period, whereas Form 16 is issued for the entire tenure of the property. Both types of ECs are important for property transactions and loans.

      What is the online payment method for EC in Tamil Nadu?

      In Tamil Nadu, citizens can apply for an encumbrance certificate (EC) online and make payment through the Tamil Nadu e-district portal. The payment can be made using debit/credit card or net banking. After the payment is made, the application is processed and the EC is issued online. The entire process is simple, convenient and time-saving.

      What is the offline payment method for EC in Tamil Nadu?

      In Tamil Nadu, citizens can apply for an encumbrance certificate (EC) offline by visiting the Sub-Registrar’s office. The payment can be made through demand draft or challan. After the payment is made, the application is processed and the EC is issued manually. This process takes longer than the online method, as it involves physical visits and manual processing.

      Get more than just Encumbrance Certificates: Easy access to a range of Legal Services with NoBroker

      The official internet platform of Tnreginet offers a variety of materials besides encumbrance certificate in Tamilnadu, including birth, marriage, death certificates, etc. Tnreginet makes it simple for users to find the services they need. The applicant must follow the instructions on the list. Double-check for it after you’ve entered all of your information correctly. This article includes all the information about how to apply encumbrance certificate in Tamilnadu online if you need a professional to help you navigate through the entire process, you will certainly find the right help at NoBroker. Please leave a comment below this article; our executive will be in touch with you shortly.

      FAQs

      Q1. What is encumbrance certificate verification in Tamilnadu?

      Answer: Encumbrance certificate verification in Tamilnadu involves confirming the authenticity and accuracy of the certificate, ensuring it reflects all registered transactions related to a property.

      Q2. How can I make a correction in Encumbrance Certificate Tamilnadu?

      Answer: For a correction in Encumbrance Certificate Tamilnadu, submit a rectification request along with documentary evidence of the error to the local sub-registrar office.

      Q3. How can I get an Encumbrance certificate online in Tamil Nadu for Land?

      Answer. Land EC means an encumbrance certificate issued by the government for a particular piece of land. EC land records contain details about any legal or financial encumbrances on a property. To get an EC in TN for land:
      1. Go to the Inspector General of Registration Service’s official website in Tamil Nadu (IGRS).
      2. From the list of facilities at the bottom of the tab, select ‘ENCUMBRANCE CERTIFICATE.’
      3. Click it to apply for an EC online.

      Q4. Can we view the encumbrance certificate online in Tamil Nadu?

      Answer: Yes, you can view and download the encumbrance certificate online in Tamilnadu via the TNREGINET portal.

      Q5. When it comes to stamp duty concessions, who is considered “family”?

      Answer. Father, mother, husband, wife, son, daughter, brothers, sisters, and grandchildren are all considered “family” under the Stamp Act. Also, keep in mind that the stamp duty fee for family members on Settlement, Release, Partition, and other similar documents is 1%. (Maximum of Rs.25,000). Similarly, the registration cost is subject to a 1% increase (maximum Rs.4000).

      Q6. What is EC in land?

      Answer. An EC in land is a legal document that verifies the ownership of a property and its status with respect to any legal or financial encumbrances.

      Property Ownership: Types, Rules, and Expert Guidance

      Property Ownership: Types, Rules, and Expert Guidance

      Property ownership advances beyond just acquiring a property in one’s name. It involves a spectrum of structures, distinctive practicals, and legal considerations. Based on the chosen ownership type, property owners may confront diverse challenges and tax liabilities. Thus, it becomes imperative for property owners to understand the intricacies of property ownership as these can substantially influence property inheritance and taxation. In this guide, we unravel the different layers of property ownership, providing you insights and guidance for property purchase:

      What Is Property ownership or Property title?

      A property title is a document that authorises an individual to be the legal owner of a property or piece of land. Titles outline the possession and ownership of both real and private property. Personal property can be anything, such as a car, artwork, vehicle, etc., whereas real property can be real estate and other properties that give an individual utilisation and ownership rights. In the case of selling a real estate property, the property should be transferred in the name of the new owner and should get clearance for any transfer to happen. There are different types of property ownership with its own set of pros and cons. And, the transfer of property depends on the situation as to how the property ownership needs to be transferred in the case of divorce, sale, death, or any other circumstances.

      Types of property ownership

      When it comes to acquiring a property, people usually are unaware of the types of ownership that prevail in the country and have their own legal implications. This usually results in making wrong purchase decisions that ultimately result in unintended consequences. However, here, we will discuss the different types of ownership to clear the air.

      There are three kinds of ownership:

      1. Individual ownership/sole ownership
      2. Joint-ownership/ Co-ownership
      3. Property ownership by nomination

      Now, let us understand all the above-mentioned ownership in detail:

      Individual Ownership/ Sole Ownership

      As the name suggests, this kind of ownership exists when an individual alone has the sole right of being the rightful owner of a property. Irrespective of whether any other party has helped the owner with the arrangement of funds, the property solely belongs to the owner. No one else can claim any right over that particular property if that property is registered in the name of the buyer.

      Let’s take, for example, if Mr. XYZ has taken help from his dad to arrange funds for buying a home but has the house registered in his name, the property stands to be under the ownership of Mr. XYZ. His father, who had helped him to buy the house, cannot claim the property in such a case as the property is individually registered in the name of Mr. XYZ.

      Individual ownership proves to be beneficial for the property owner in many ways, and they hold the legal rights to decide if they wish to sell or not to sell the property. When private land properties are owned by individual ownership, they are not legally bound to seek permission from anyone if they wish to sell the property and consent from no other party will be registered for the same.

      However, if the owner dies, then the property is transferred to the person as mentioned in their legal will. If no will exists, the property will be transferred to the legal heir as per the applicable ownership in property law of the country where the person lives.

      Joint ownership/ Co-ownership

      Co-ownership is the case when a property is owned by more than one individual. Such properties that are held jointly by multiple individuals are acknowledged as being under joint possession. The people who jointly own a property are known as co-owners or joint owners. However, joint ownership can exist in several ways. Here, we mention the types of co-ownership of a property: 

      • Joint Tenancy

      Joint tenancy is the case when the property belongs to the co-owners equally. Such owners hold an equal share of the property.

      • Tenancy in entirety

      Such joint-ownerships exist between couples who are married, and each person is officially entitled to the property held in co-ownership. In such a case, if any one of them wishes to make any changes in their share of property, they can do the same after seeking consent from their partner. In other cases, if one partner dies, then the surviving partner automatically gets complete ownership of the property after the death of the partner.

      • Tenancy in common

      Tenancy in common is the co-ownership of property owners when two people jointly hold ownership of a property but do not hold equal rights over the property.

      • Coparcenary

      This kind of joint ownership of a property stands eligible for Hindu undivided families. The Hindu law lacks provision for multiple arrangements of collective land ownership in India, and hence, the coparcener form of ownership stands applicable in such cases wherein each coparcener attains a share of the property as a birthright. Though this seems somewhat similar to joint tenancy, in such cases, an unborn child has the right to own an equal share of the property owned by a Hindu undivided family. Every owner of the property can have their own call as to how the property needs to be divided amongst all the property owners in the future. This can be a complicated process if there arises a conflict and difference in the opinions of all the joint owners. 

      Property ownership by nomination

      Legal ownership of property by nomination is a common scenario these days and is practised by most property owners so that they can pass on their possessions to someone whom they wish. This also ensures that their property does not go unclaimed or become a legal battleground after the death of the property owner. Through the nomination process, a property owner can confer someone to inherit their property and other belongings in the event of the demise of the property owner. 

      Usually, such ownership is commonplace in housing societies where it is imperative for the members to add a nominee during the very initial phase of seeking membership. Further, in any unprecedented situation, if the owner dies, the property is transferred to the nominee as nominated by the owner. However, it is important to know that the nominee does not attain legal ownership of the property title and instead becomes the trustee of the property as per the Supreme Court verdict 1983.

      Further, the nominee has to hand over the property to the legal heir of the demised property owner. This indicates that the nominee cannot indulge in the sale or any kind of division of the assets. Thus, it is essential for any potential property buyer to confirm that they are buying the property from the real owner and not the nominee to prevent legal disputes and complexities.

      Property Ownership: Rules and Regulations

      Acquiring knowledge about property ownership and the rules associated with it is crucial, as these laws play a vital role in determining who is deemed to be the legal owner of a property. These ownership laws provide clear titles to the ownership of the property and also protect the rights of an individual. Below mentioned are a few aspects of the legal framework that explain why the rules and regulations are indispensable:

      Property registration

      Property registration is one of the key factors of property ownership, and in multiple countries, it is essential for the property owners to register their property with relevant government regulations. Registration acts as evidence of ownership and also lets the owner have a clear title. Failure to do the property registration can result in unnecessary legal disputes and complications. 

      Let’s take, for example, two people purchase a piece of adjacent land in the same area. Suppose one of them registers their property and the other doesn’t, if there arises a conflict over the shared boundaries in the future, the individual who has registered his property will stand strong in such a case owing to the clear title they hold. 

      Land use regulations

      Governments routinely introduce land use regulations to facilitate systematic development to protect the interests of property owners. Such regulations specify the authorised land uses, acceptable building structures, and any limitations in concern with property usage. The different rules and regulations help preserve the value of property and foster a harmonious setting for residents and businesses alike.

      Transfer of Property

      When one wishes to transfer or pass on their property to someone else, then there are legal processes involved. There are various elements involved, such as contracts, documentation, titles, and deeds, to ensure a smooth and steady transfer of property ownership. Additionally, there are certain taxes and fees levied on the property and associated formalities such as notary and witnesses that stand as proof for the validation of property transfer. Having a clearly outlined legal structure that protects the interests of both property sellers and buyers can help mitigate the risk of fraudulent activities and cheating.

      Eminent domain

      Eminent domain is the authority granted to public authorities to acquire private property for public benefit or use against fair compensation offered to the property owner. Usually, private properties are procured by the government for the construction of highways and similar infrastructural development which can raise concern amongst property owners. Thus, proper legal frameworks are in place to protect the owner’s public interest and property rights, ensuring that they receive fair compensation against the property.

      Environmental Regulations

      Environmental concerns are also an important consideration in the case of property ownership, as there are certain rules and regulations implemented by the government to prevent pollution, promote a sustainable environment, and preserve natural resources. Such regulations, as imposed by the government, may limit the use of property and forbid certain activities such as construction and other types of development for the protection of the ecosystem.

      All the factors mentioned above encourage property owners to be responsible for their property and develop a necessary structure for property ownership. Gaining knowledge about the same and taking appropriate steps to adhere to the legal implications help individuals to be confident while investing in property besides considering the wellbeing of the society.

      We hope that this guide helps you steer through the complexities of property ownership and the various types of property ownership that exists. Inheriting a property, transferring the title, claiming ownership can be complicated and thus requires extensive insight for competent handling of such a task. But worry no more, you can always seek help from No Broker professionals because they are well-versed with all the property laws that prevail in the country and can help you make the right decisions.

      They offer a comprehensive set of services to simplify the experience of property owners with a personalised touch to empower their clients with tailored solutions. Their experts help the clients navigate through the complexities of legal implications with ease and also provide financial support owing to the partnership that exists between No Broker and other financial institutions. 

      So what are you waiting for? Contact them now and schedule a consultation to transform your real estate goals into reality!

      Frequently Asked Questions

      Q1. What documents are required as proof of ownership of property?

      A1. Basically, the registry and title plan of the ownership of the property are required to prove your ownership. However, you should also have handy the tax receipts, record of rights, and survey documents to have strong evidence of ownership.

      Q2. Which is the most important document required while buying a property in India?

      A2. The Title deed, commonly known as a sale deed is a mandatory document that one needs to possess to hold authority of a property.

      Q3. How many properties can I own or register under my name?

      A3. There are no limitations to owning a property in India. One can own as many properties as they want based on their property purchase ability. 

      Q4. What is the significance of checking the Latest Tax Receipt before purchasing a property in India?

      A4. Checking the Latest Tax Receipt is crucial to confirm that the property owner has cleared all relevant property taxes. It ensures that the buyer is not inheriting any outstanding tax obligations related to the property.

      Q5. Is it mandatory to do property registration? 

      A5. Yes, under the Registration Act 1908, every time a property is sold or transferred to another owner, it is mandatory to register the property under the name of the new owner. It mandates every immovable property to be registered each time there is a change in ownership.

      Will Deed: Meaning, Types, Format and More

      Will Deed: Meaning, Types, Format and More

      A will deed gives you authority over your possessions after death. It lets you clearly and precisely choose who gets your property, goods, and stuff. We will discuss Will Deed in this blog to help you protect your family from strife and uncertainty. Read on to know what is will deed and how to create one! 

      What is a Will Deed?

      Will Deed
      Create a will deed for your loved ones 

      A will deed is a legal document or terminology which is coined by joining two terms, will and deed. Let’s see what these terms mean:

      • Will: A legal document that specifies how a person’s assets and property will be distributed after their death. It outlines who will inherit specific belongings and appoints an executor to manage the estate. Wills are not enforceable until the person who wrote them (the testator) dies.
      • Deed: A legal document that transfers ownership of a specific asset, such as real estate, from one person (the grantor) to another (the grantee). Deeds take effect immediately upon being signed and registered.

      What is the Meaning of a Will Deed?

      The grantor and grantee transfer real estate (land and everything permanently related) in a property deed. Proof of property ownership is needed.

      Here are some property deed basics to help you understand the will deed meaning:

      What it contains:

      • Names of grantor and grantee: Identifies the party transferring ownership and the party receiving it.
      • Property Description: Provides a detailed description of the property, including address, legal boundaries, acreage, and any permanent fixtures.
      • Transfer type: Specifies the type of transfer, such as purchase, gift, or inheritance.
      • Covenants may include restrictions or assurances regarding the property’s use or development.
      • Signatures and date: Requires signatures of both parties and the date of transfer to be legally valid.

      Purpose of Will Deed

      Creating a will help you keep your loved ones safe and provide legal protection against claims. Some of the benefits include: 

      • Prevent disputes and legal battles: A clear will deed minimises the risk of misunderstandings and disagreements among heirs, ensuring a smooth and peaceful transition of your estate.
      • Express your specific wishes: You can designate beneficiaries, allocate assets, and even name guardians for minor children or dependants.
      • Appoint trusted individuals: You can choose an executor, a responsible person tasked with managing your estate and fulfilling the terms of your will.
      • Offer peace of mind: Knowing your wishes are documented and legally binding provides you and your loved ones with security and comfort.

      Types of Will Deed

      Will deeds are of different types and created for different purposes. Here are different types of Will Deed:

      • Warranty deed: Offers the strongest guarantee of title from the grantor, protecting the grantee from any hidden claims or defects.
      • Quitclaim deed: Transfers ownership without guarantees or warranties, often used when gifting property or settling minor discrepancies.
      • Special warranty deed: Offers some assurance against the grantor’s actions after the transfer but not against prior claims or defects.

      What is Will in Property Documentation?

      The term ‘will deed’ is not the most common terminology used in legal contexts. While it might be used colloquially in some regions, ‘will’ is a more precise term.

      So, what is will in property? It’s a legal document that states how to divide your assets and property after death. You may pick who inherits your possessions, including:

      • Real estate: houses, apartments, land, etc.
      • Personal property: cars, furniture, jewellery, collectables, etc.
      • Financial assets: cash, bank accounts, investments, etc.
      • Digital assets: online accounts, cryptocurrency, etc.

      Having a will helps to:

      • Avoid intestacy: If you die without a will, your assets will be distributed according to the laws of your state, which may not be what you intended.
      • Minimise conflict: A clear will can help to prevent disputes and arguments among your heirs about who gets what.
      • Provide for loved ones: You can use your will to leave specific gifts to certain people, such as a family heirloom to a grandchild or a donation to a favourite charity.
      • Appoint a guardian: If you have minor children, you can use your will to appoint a guardian to care for them after your death.

      Wills are only effective after death and may be modified or repealed.

      Additional will considerations:

      • Formalities: Legal advice is advised, but most states don’t need lawyer-written wills. You must sign and have two witnesses witness the will.
      • Updates: It’s a good idea to review and update your will periodically, especially if you experience significant life changes, such as getting married, having children, or going through a divorce.

      Will Draft Format

      Here is a sample will deed format:

      [Your Full Name]

      I, [Your Full Name], residing at [Your Address], being of sound mind and disposing memory, do hereby declare this to be my last will and testament, revoking all prior wills and codicils made by me.

      Article 1: Executor

      I appoint [Executor’s Full Name], residing at [Executor’s Address], to be the executor of this will. If [Executor’s Full Name] is unable or unwilling to serve, I appoint [Alternate Executor’s Full Name], residing at [Alternate Executor’s Address], as the alternate executor.

      Article 2: Debts and Expenses

      I direct my executor to pay all of my debts, funeral expenses, and the expenses of administering my estate as soon as practicable after my death.

      Article 3: Distribution of Assets

      I give, devise, and bequeath my property and assets as follows:

      • To [Beneficiary 1’s Full Name], I bequeath [Description of Property or Assets].
      • To [Beneficiary 2’s Full Name], I bequeath [Description of Property or Assets].

      Article 4: Guardianship (if applicable)

      If [Minor Child(ren) Full Name(s)] is/are still minors at the time of my death, I appoint [Guardian’s Full Name] as their guardian. If [Guardian’s Full Name] is unable or unwilling to serve, I appoint [Alternate Guardian’s Full Name] as the alternate guardian.

      Article 5: Residuary Clause

      I give, devise, and bequeath any remaining property or assets not otherwise mentioned in this will to [Residuary Beneficiary’s Full Name].

      Article 6: Miscellaneous Provisions

      [Include any additional provisions or specific instructions, such as charitable bequests, specific funeral wishes, etc.]

      IN WITNESS WHEREOF, I have executed and signed this will as of [Date].


      [Your Full Name]
      (Testator)

      [City, State]

      [Signature]

      This is a basic template, and the details will need to be customised based on your individual circumstances and the laws of your jurisdiction. Again, consulting with a legal professional is essential to ensure that your will is legally valid and accurately reflects your wishes.

      What is a Registered Will Deed?

      A registered will is a will document that has been officially recorded with the appropriate government authority, usually the local registrar or the relevant legal entity responsible for maintaining such records. Registering a will provides additional authentication and evidentiary support, making it more secure and less prone to challenges.

      Step by Step Will Deed Registration Process

      Here’s a basic outline of the process to create a registered will:

      Drafting the Will

      • Start by creating a detailed and clear document outlining your wishes regarding the distribution of your assets, appointment of an executor, guardianship of minors (if applicable), and any other specific instructions.
      • Include your personal details, details of beneficiaries, and the specifics of the bequests or distributions.

      Visit a Lawyer

      • Consult with a legal professional to ensure that your will complies with the laws of your jurisdiction and includes all necessary elements.

      Visit the Sub-Registrar’s Office

      • Take the drafted will to the local sub-registrar’s office or the appropriate government authority responsible for will registration.
      • Complete the necessary forms provided by the office.

      Witnesses and Notarisation

      • Usually, two or more witnesses are required to attest to the signing of the will. The witnesses should not be beneficiaries or related parties.
      • Some jurisdictions may require notarisation of the will.

      Submission and Registration

      • Submit the signed and witnessed will to the registrar along with any required fees.
      • The registrar will review the document and, if everything is in order, officially record and register the will.

      Obtain the Registered Will

      • Once registered, the registrar will provide a certified copy of the registered will. It’s essential to keep this copy in a safe and accessible place.

      Inform Relevant Parties

      • Inform your executor, family members, or relevant parties about the existence and location of the registered will.

      Will Deed Registration Charges

      Here are the various court charges associated with a will deed in India:

      Will registration fee in India

      The price of creating a will in India ranges from ₹10,000 to ₹15,000, and this price does not include the cost of will preparation. Other than the little fees for scanning and photocopies, there are no government fees associated with registering a will.

      Court fee for will registration in India

      In order to grant probate, the court may demand a portion of the estate as payment. The ad valorem system, which determines the fees, indicates that a certain portion of the estate’s value must be probated. Probate proceedings are required in places like Kolkata, Mumbai, and Chennai.  For instance, in Maharashtra, if an asset is valued at less than `50,000, the court fee is ~25; if it is valued at between `50,000 and `2 lakh, it is ~4%; and if it exceeds `2 lakh, it is 7.5%. An upper limit of ~75,000 is set.

      Supreme Court Judgement on Will Deed

      As per the Act, a “will” refers to the formal statement made by the testator about the distribution of their property in accordance with their intents and wishes, which would be implemented upon their passing. Moreover, a codicil is a document added to, amended, or explained in connection with a will; it is considered to be a part of the will.

      Will vs Gift Deed: The Difference

      Here’s a table outlining the key differences between a Will and a Gift Deed:

      FeatureWillGift Deed
      DefinitionA legal document that outlines the testator’s wishes regarding asset distribution after death.A legal document transferring ownership of property from one person (donor) to another (donee) during the donor’s lifetime.
      Effective PeriodBecomes effective only upon the death of the testator.Takes effect immediately upon execution and registration of the deed.
      RevocabilityGenerally revocable during the testator’s lifetime, allowing changes to be made.Generally irrevocable once the gift deed is executed, although there may be exceptions and conditions.
      Transfer of OwnershipOwnership of assets is transferred to beneficiaries after the testator’s death.Ownership of property is transferred to the donee immediately.
      Execution RequirementsRequires the testator to be of sound mind and comply with specific legal formalities. Witnesses are usually required.Requires the donor’s intention to gift, acceptance by the donee, and compliance with legal formalities, including registration. Witnesses may be required.
      PurposePrimarily used to distribute assets and appoint guardians after death.Used for transferring property ownership as a gift during the donor’s lifetime.
      FlexibilityCan be updated or amended by the testator as circumstances change.Generally not easily amendable once executed. A new gift deed may be required for changes.
      Legal FormalitiesSpecific legal formalities vary by jurisdiction but often involve witnessing and notarization.Involves specific legal formalities, including registration with the appropriate authorities.
      Tax ImplicationsMay be subject to inheritance or estate taxes upon the testator’s death.Gift tax may apply, and the donor may be responsible for paying any applicable taxes.
      Survivor’s RightsSurviving family members may challenge the will in certain circumstances.Generally, once a gift deed is executed and registered, it is less susceptible to challenges.

      Get a Registered Will Deed With NoBroker

      Keep in mind that the specific procedures and requirements for registering a will deed can vary by jurisdiction. It’s crucial to consult with a legal professional or the local registrar’s office to understand and adhere to the specific regulations in your area. NoBroker has the best legal and financial expertise available. Start your will deed registration through NoBroker today!

      Frequently Asked Questions

      1. What is a Will Deed?

      A last will, often referred to as a Will Deed, is a legal document that expresses a person’s desires for the disposition of their possessions, properties, and assets after their death.

      2. Why is a Will Deed Important?

      To ensure that your assets are divided by your preferences, it is essential to create a Will Deed. It helps prevent any arguments amongst family members and makes it clear who will act as your executor in carrying out your wishes.

      3. Who Can Create a Will Deed?

      Any individual may make a Will Deed of legal age and sound mind. To ensure that the agreement conforms with existing laws and addresses all crucial areas of asset distribution, it is recommended to speak with a legal practitioner.

      4. Can a Will Deed be Updated or Revoked?

      A person’s will may be revised or cancelled at any moment throughout their lifetime, mainly if there are major life events like getting married, getting divorced, or having kids. Frequent evaluations guarantee that the document appropriately represents current goals.

      5. How to Execute a Will Deed?

      The testator, or the person who drafts the will, must sign the instrument before witnesses to execute it. To confirm that the testator is not under duress and is of sound mind, the witnesses also sign. Following proper legal procedures during execution is essential to validate the document.

      Everything You Need to Know About the Ready Reckoner Rate in Pune

      Everything You Need to Know About the Ready Reckoner Rate in Pune

      The Ready Reckoner rate, also known as the circle rate, is the bare minimum value at which a property must be recorded in the event of its transfer. Each year, all state governments publish area-wise ready reckoner rate Pune of properties to prevent evasion of stamp duty by the undervaluation of agreements and reduce the number of disagreements over the amount of stamp duty to be collected.  Each year an ASR (Annual Statement Rate or Ready Reckoner Rate) is set, and it is made applicable for the period of 1st April to 30th March – fiscal year. So, the EASR rates in Pune for 2023 are not out as of now.

      What is the Relevance of Ready Reckoner/Circle Rates in the Financial Markets?

      In Maharashtra, the Ready Reckoner (RR) rate is referred to as the Circle Rate, but in Delhi, the Circle Rate is referred to as the Circle Rate. According to the government, this rate represents the minimum property values in a variety of areas. Every state, every city, and even various neighbourhoods inside those cities have a distinct rate. Officials assess the price of real estate in a certain location by taking into consideration many elements. Based on these considerations, a benchmark is established below which no real estate transaction occurs in that specific neighbourhood. This rate is referred to as the Ready Reckoner rate or Circle rate in the industry. It is the bare minimum on which the government will levy stamp duty and registration costs, as determined by the government.

      How to Calculate Ready Reckoner Rate Pune?

      How To Calculate Ready Reckoner Rate Pune
      Knowing the ready reckoner rate in Pune is easy because of the e-portals that are managed and updated by the government of Maharashtra every month. 

      Suppose you acquired a residential property at a market price of Rs 6,500 per square foot (or Rs 6,500 per square metre). If the ready reckoner rate for the area is Rs 5,500 per sq. ft, you would be required to pay the stamp duty and registration fees on the higher value, which is the market value, to avoid double taxation. In any event, property registration in that area cannot take place if the property’s value is less than the minimum value set by the ready reckoner rate Pune at the time of registration.

      A property’s rental rate is often lower than the current market rate for such property in a given location. Therefore, the rate is evaluated and updated regularly to bring it closer to market rates. State governments want a benchmark such as the ready reckoner rate Pune 2022-23 to guarantee that they do not miss out on an important source of income since real estate transactions take place in the private sector and the price is not always revealed. Most real estate transactions in India are conducted based on the current market pricing in a given location. Based on this circle rate in Pune, the stamp duty and registration costs that the house buyer will pay will be computed. For example, the ready reckoner rate in Aundh Pune decides the circle rate for this area i.e- ₹ 1.04 Lakh for residential flats and ₹ 1.26 Lakh for office property.

      Calculate Ready Reckoner Rate Pune
      Different localities in Pune have different RR rates because of the change in residential and commercial prices of the localities.

      So, when the interest rate differential between the reserve and the market is large, it reduces government revenues. Stamp duty and registration costs will be computed using the RR rate in rare circumstances when the redirection rate in Pune is greater than the current rate. However, increasing registration fees deter property purchasers from putting their homes on the market. The state government may promote transparency in real estate transactions while also ensuring they do not miss out on money by regularly modifying the online ready reckoner Pune rate 2023 and bringing them closer to market pricing in each location. For example, Balewadi ready reckoner rate determines the circle rates in Balewadi which is set at Rs.47,100 – for flats and Rs.73,010Rs.17,830 – Rs.29,480 for residential lands.

      What is the Effect of a Change in the Ready Reckoner Rate on Demand?

      The state governments collect stamp duty and registration fees on the stated value of a property or the circle rate, whichever is greater when it is purchased or sold. These fees are often expressed as a percentage of the total transaction amount, and they vary from state to state. Depending on the state, the fee might be up to 8-10 per cent of the total transaction amount. Despite this, given the downturn in the real estate market during the last five or six years, it is feasible to find a home for less than the ready reckoner rate in Pune in certain areas.

      In circumstances when the actual price paid by a buyer is less than the ready reckoner rate, the property must be registered using the ready reckoner rate as the basis for registration using the Ready Reckoner Maharashtra Mobile App.

      In this way, property buyers and sellers are discouraged from selling or purchasing below the ready reckoner rate Pune IGR. This is because, if they do, the buyer will be required to pay more stamp duty, and the seller will be required to pay additional capital gains tax on any notional profits. It is possible to benefit both buyers and sellers by lowering the ready reckoner rate or putting it in line with the current market pricing, which may assist in rekindling demand in the industry.

      Ready Reckoner Rates: Problem Areas

      Ready Reckoner Rates: Problem Areas
      Despite multiple efforts by the government, there are issues with different taxes and ready reckoner rates in Pune.

      Purchasers often conspire with sellers and agree to register the property at the circle rate to save money on taxes. In contrast, the seller is forced to pay at the current market rate, reducing the buyer’s tax liability. This allows sellers to reduce their capital gains tax liability, allowing purchasers to reduce their stamp duty liability. The buyer pays the remainder of the purchase price to the seller in cash at this point. The authorities suffer an income loss as a result of this. To maintain the ready reckoner land rates in Pune as near the market rate as possible, authorities regularly alter the RR rates.

      Ready Reckoner Rate Pune District – Latest Information

      In June 2021, the Municipal Corporation (MC) proposed to collect property tax based on the most recent ready reckoner rates, which would result in a 14 per cent increase in the amount of property tax collected. The proposal was made before the civic body’s standing committee by the Assessor and Collector Department. The rise, on the other hand, will not affect homes with less than 500 square feet. After receiving the standing committee’s approval, the change of the regulations will become effective on April 1, 2021, and will remain in force until March 31, 2025.

      Redireknar Rate Aundh Pune

      The current rate in Aundh is Rs. 1.04 lakh for residential properties and Rs. 1. 26 lakh for commercial offices. 

      Ready Reckoner Rate Hadapsar Pune

      Hadapsar is an up-and-coming locality in Pune, and the circle rate is Rs. 80,000 for residential flats and Rs 85,000 for offices. 

      Ready Reckoner Rate Dhayari Pune

      Known as Sinhagad annex, the government ready reckoner rates Pune for Dhayari locality in Pune is Rs. 52,000 for residential properties and Rs. 55 000 for commercial offices. 

      Redireknar Rate Warje Pune

      Warje is one of the most in-demand localities in Pune, and the ready reckoner rate for flats is Rs 48,000, and for office, premises is Rs. 68,000.

      Redireknar Rate Karve Nagar Pune

      The average ready reckoner rate in Karvenagar is approximately Rs. 77,500 to Rs. 1.31 lakh.

      Ready Reckoner Rate Balewadi Pune

      Closer to the Pune-Mumbai highway, Balewadi’ ready reckoner rate for residential properties is Rs. 57, 000 and for commercial office spaces is Rs, 85,000.

      Redireknar Rate Lohegaon Pune

      Knowing that Pune International airport is the home, the ready reckoner rate in Lohegaon for flats is Rs. 65,000 and for offices is Rs. 87,000. 

      Redireknar Rate Katraj Pune

      The ready reckoner rate in Pune for Katraj locality ranges between Rs. 54,000 for residential properties and Rs. 76, 000 for commercial properties. 

      Ready Reckoner Rate Kharadi Pune

      Kharadi is one of the biggest IT parks in the city, and the ready reckoner rate for residential flats is 51,000 and for offices is Rs. 73, 600.

      Ready Reckoner Rate Hinjewadi Pune

      The circle rate for residential flats in Hinjewadi is Rs. 53,780 and for offices is Rs. 88, 500. 

      Ready Reckoner Rate Undri Pune

      One of the most prominent localities in the PCMC area, the ready reckoner rate Pune for Undri locality is Rs. 49, 450 for apartments and Rs. 61,000 for offices. 

      Redireknar Rate Rahatani Pune

      The ready reckoner rate Pune for Rahatani locality residential flats is Rs. 39,760 and for commercial offices is Rs 63, 500. 

      Ready Reckoner Rate Manjri Pune

      Manjri is one of the hottest localities in Pune, and the circle rate is Rs. 55,000 for residential flats and Rs 65,000 for offices. 

      Redireknar Rate Viman Nagar Pune

      Popularized as the student capital of Pune, the current ready reckoner rate in Pune for residential flats in Viman Nagar is Rs 38,040, and for commercial offices, the rate Rs. 75,420.

      Redireknar Rate Dhanori Pune

      The ready reckoner rate in Pune for the dhanori area residential flats is Rs. 46, 640 and for commercial properties is Rs. 76,190.

      Apart from knowing the ready reckoner rate in Pune, there are several other taxes and administration fees that one needs to pay before finalizing the buying or selling of the property. Searching for properties that perfectly suit your requirements is easy and quick if you have NoBroker to help you. Enter the key details about the property in the mobile application or web portal and find hundreds of properties within seconds! If you need to consult an expert, comment below this article and our executive will be in touch with you shortly.

      FAQ’s 

      Q1. How does the Ready Reckoner rate play a role in real estate transactions? 

      Ans. While RR rates establish the bare minimum amount at which properties in a certain region may be sold, there is no maximum value over which a property cannot be sold in a given area. As a result, there is a large disparity between the ready reckoner rate in Pune and the market rates.

      Q2. Why did CREDAI make amendments in the ready reckoner rate Pune 2022-23?

      Ans. CREDAI and NAREDCO proposed that appropriate amendments be made to the income tax laws and changes to ready reckoner rates as Real estate developers were struggling to maintain profit margins since there was no more room to lower prices.

      Q3. What is the best place to obtain ready reckoner rates?

      Ans. The tariffs for the ready reckoner rate in Pune are revised regularly by the government. The Maharashtra government’s department of registration and stamps is in charge of creating an Annual Statement of Rates, often known as ready reckoner rates, published every year.

      Q4. What is the significance of Ready Reckoner rates for the first-time homebuyer?

      Ans. RR rates for houses in a certain location are an excellent indicator of how much money a prospective home buyer will have to spend on a property. When the RR rate is anticipated to be raised, market rates for properties will nearly always be higher, and property values in the surrounding region will tend to rise. Therefore, it is also advantageous for purchasers to acquire property in an area where the difference between the RR and market rates is comparatively less. 

      Q5. Can you sell a house for less than the ready reckoner rate?

      Ans. This might result in a tax burden being imposed on both the buyer and seller if the transaction value is less than the current ready reckoner rates by 10% or more in a given area. Accordant to Section 43CA of the Income Tax Act, selling real estate at a price that is at least ten per cent lower than the ready reckoner rate, also known as the circle rate, can result in a penalty of 35 percent of the difference between the original price and the revised price, as well as other consequences. It will also apply to the person who purchases the property.

      Comprehensive Guide to Andhra Pradesh Property Tax Payment 

      Comprehensive Guide to Andhra Pradesh Property Tax Payment 

      Property owners have to pay an annual property tax to their respective state governments, whether residential or commercial. Similarly, the AP House Tax is an essential source of income for the state’s urban local bodies (ULBs). This money is used for uplifting the local infrastructure, including educational facilities. Now, you can quickly pay your Property Tax AP with the click of a button. First, you have to install the PurSeva mobile app and then register. Only after logging in, one can pay their Andhra Pradesh property tax online. Let’s take a closer look at how it works.

      Property Tax AP

      Property Tax AP
      (The Property Tax collected depends mainly on the type and location of the property.)

      As mandated by Indian law, each state has its own authorized body that collects property taxes. Property Tax AP is no exception. The Property Tax of Andhra Pradesh will vary based on the type of property as well as the jurisdiction. The taxes collected from one area are used to improve the public infrastructure of that particular area. Some of the places where this revenue is usually spent include improving education, sewer services, road constructions, fire services, and other public services that will be of great use to the public. 

      What are the Taxable Properties Under the AP House Tax?

      • All commercial and residential buildings within the authorization of the Urban Local Bodies (ULBs)
      • Any residential building with an Annual Rental Value of more than Rs 600.

      Kindly note that residential properties with an annual rental value of less than Rs 600 are exempted from AP House Tax payment. It is the responsibility of promoters and developers to register any changes in the property details with immediate effect so that the Town Planning Department can make the necessary changes in the Property Tax Assessment.

      Pay your panchayat house tax in a jiffy: An online guide

      Are you tired of waiting in long lines to pay your house tax to the panchayat office? Well, say goodbye to those queue blues because now you can pay your village panchayat house tax online AP with just a few clicks! That’s right, the Andhra Pradesh government has made it possible for citizens to pay their grama panchayat house tax online.

      Here’s a step-by-step guide on how to make a panchayat house tax online payment:

      1. Visit the official AP Panchayat Raj website.
      2. Click on the Panchayat House Tax Payment option.
      3. Enter your “AP house tax assessment number” for a AP property tax assessment number search
      4. Select the financial year for which you want to pay the tax.
      5. Fill in the required details and proceed to make the payment using a debit/credit card or net banking.
      6. You will receive a receipt for the payment, which can be used for future reference.

      It’s that simple! No more waiting in lines or going through the hassle of visiting the panchayat office.

      Property Tax: How much will you be paying?

      The digital panchayat house tax searched by you, and the property tax rate you pay is based on the annual rental value of your property. This is the way the AP e panchayat house tax known is recorded in government documents. This is because the Andhra Pradesh government has set a range for the property tax, and it varies based on the location and the type of property.

      Here’s a table with the property tax rate range based on the annual rental value:

      Annual Rental ValueTax Rate
      0 – 2,0001%
      2,001 – 5,0002%
      5,001 – 10,0003%
      10,001 and above5%

      So, the next time you receive a bill for your panchayat house tax, you can quickly calculate how much you’ll be paying. If you have any questions or need more house tax details in panchayat, you can always reach out to the local panchayat office or visit their website for more information.

      Now that you know all about the AP panchayat house tax online payment process and the property tax rate range of annual rental value wise, it’s time to get started and pay your house tax without any hassle. Happy Taxing!

      Vacant Land Tax Andhra Pradesh

      The vacant lands that are within the authorization of the ULBs are taxed based on prefixed criteria. First, the local authorities identify and assess all vacant lands before levying a Vacant Land Tax. This tax imposed by the Revenue department of the local bodies is to be borne by the owner of the particular vacant plot. Visit here to learn more about how they work.

      The main functions of the Revenue section concerning Vacant Land Tax are as follows.

      • Receipt of application for assessment, inspection, processing of the application
      • Issue of notices to owner of Vacant lands
      • Assessment of the Vacant Land Tax
      • Issue of demand notices
      • Collection of taxes and maintenance of the records
      • Receipt of application for title transfer, inspection, processing and recording of title transfer and collection of the title transfer fee

      Property Tax Andhra PradeshAssessment

      A government-appointed official will visit the property and assess all parameters, including the property size and locality. When the government levies property tax for the first time, they notify the owners and prepare an assessment report. This assessment sheet includes the following House Tax details in AP:

      • Property Serial Number
      • Ownership details
      • Door Number
      • Locality
      • Zone Number
      • Construction type
      • Nature of usage
      • Plinth area (sq. m.)
      • According to the Form A notice, the monthly rental fee is set per square metre of plinth space.
      • The property’s monthly rental value is set.
      • Half-year split property tax
      • The date of the special notice service
      • The date on which the revision petition was received
      • Date of the hearing
      • In summary, the Commissioner’s orders
      • Property tax is set when the revision petition is resolved.
      • Commissioner’s initials

      Factors on Which the House Tax Andhra Pradesh Depend on

      The amount of AP Property tax payment is determined using the Annual Rental Value (ARV) and the Tax Rate set by the Corporation on every property within the boundaries of the Cities and Municipalities. How does this work? Let’s take a more detailed look.

      The ARV or the Annual Rental Value of property or land is the average annual rent of property fixed by the Municipal body. ARV is fixed based on a few parameters like:

      • Zone of the property location
      • Residential/Non-residential status
      • Plinth Area
      • Property Age
      • Construction Type
      • Additional parameters that arise under special situations

      Property Tax Andhra Pradesh- Various Rates

      Here is a table detailing the various rates of Property Tax in the state of Andhra Pradesh

      Range of Annual Rental Value (Residential)Property Tax Rate
      Up to Rs 600Exemption from Property Tax payment
      Rs 601- Rs 120017%
      Rs 1201-Rs 240019%
      Rs 2401-Rs 360022%
      >Rs 360030%

      Other than these, for all commercial buildings, the property tax is fixed at 30%. 

      Property Tax Payment Andhra Pradesh

      Property Tax payment Andhra Pradesh
      (Now citizens can choose their preferred mode of payment for property taxes.)

      Citizens of Andhra Pradesh can pay their property taxes by both offline and online methods. Paying online is faster, and you get access to many government services through the online portal other than property tax payment. However, in villages and townspeople still prefer doing it offline. One can visit their local ULB counter or the PuraSeva Centers and make their payment. Kindly note that you should have all property-related details and documents on you while visiting the designated office.

      Property Tax Online Payment Andhra Pradesh

      Property tax Online payment Andhra Pradesh
      (The Andhra Pradesh Government has a designated website and mobile app through which one can easily make Andhra Pradesh’s house tax payments.)

      The Government of Andhra Pradesh has a dedicated online portal for AP House Tax payment. One has to visit this portal run by the Commissioner and Director of Municipal Administration and go through the following steps:

      1) Visit the official CDMA website of the Andhra Pradesh Government. Then click on the “Online Payments” Tab and select “Property Tax”.

      2) On the new webpage, select District, Corporation or Municipality. Next, choose your mode of payment and click on “Submit”.

      3) A new window will appear. Then, you need to input details such as Assessment number, Old Assessment number, Owner name or Door number. Remember, you have to input any one of the required details and click on “Search”. 

      4) Now, you can check all your property details, including the payable amount towards the Andhra Pradesh property tax. There are two options, namely, ‘Pay Tax’ and ‘View DCB’, which means one can view and print the report for offline use— Click on the ‘Pay Tax’ tab to proceed with the online Andhra Pradesh property tax payment.

      5) Input the amount under the ‘Balance amount you are likely to pay’ tab on the next page. Then, select the box given next to CFMS Payment Gateway and accept all the Terms & Conditions. Then, click on the ‘Pay Online’ button.

      6) Now, choose the preferred mode of payment like credit or debit cards, net banking, etc. and make the payment.

      The house tax Andhra Pradesh receipt will be displayed after the transaction, and it can be downloaded and saved for future reference.

      House Tax AP Online

      The Andhra Pradesh Government has launched the PuraSeva mobile application through which citizens can log in with their credentials to pay their property taxes. In addition to this, citizens can access a bevvy of other government services. Designed by the government’s foundation for the state government, it is a fully integrated mobile application designed for citizens and employees. One can easily download this application from the Google Store.

      Gram Panchayat House Tax Andhra Pradesh

      One can now easily make an AP Property tax online payment for panchayats by simply visiting the Andhra Pradesh Panchayat official portal. Moreover, you can log in with your credentials to get access to many government services with merely a click.

      AP Property Tax Online Payment Panchayat

      Now people in villages and towns can also get access to several government services under one roof. One has to install the official mobile app for AP Digital panchayat. Then, one simply needs to log in for payment of gram panchayat property tax Andhra Pradesh.

      Assessment Number Search Andhra Pradesh

      Assessment Number Search Andhra Pradesh
      (Now you can quickly get information about vacant lands by simply doing a search using the property assessment number.)

      1) Visit the Digital Panchayat Citizen Services portal

      2) Input the required details and under the Search on the menu, select “Assessment Number” and then click on Search. You will be able to access the property details against the number.

      Check Property Tax Online Andhra Pradesh

      Check Property Tax Online Andhra Pradesh
      (Checking your taxes online has never been easier with the new, improved CDMA website.)

      Citizens can check their property tax dues with the help of the Andhra Pradesh Property Tax calculator.

      1) Visit the official CDMA website.  Then scroll down and select the “Property Tax Auto Calculator” Tab.

      2) Input the District name as well as the Corporation or Municipality. Then click on “Submit.”

      3) Now input all the related information regarding the dimensions of the property and then click on “Calculate”.

      4) Your Annual Rental Value will be displayed immediately on clicking.

      How Can NoBroker Help?

      Like all other states in India, the Property Tax AP is an essential source of revenue for urban local bodies who use that fund to improve public infrastructure. The taxes collected on various property types are different and are set by the State Government. If you wish to settle in Andhra Pradesh, this knowledge will help. In case of any confusion, you can contact our NoBroker experts for more clarification. Want to know more about property rules in other states? Visit our blog site for more information.

      FAQ’s

      Q1. What is the official site of the Andhra Pradesh Property Tax department?

      Ans. The official website of the AP Property Tax is https://cdma.ap.gov.in/en, where you can get access to a variety of services, including property taxes.

      Q2. What services does the CDMA website provide?

      Ans.  Other than Property Tax, this website provides a bevvy of other vital services like Trade licensing, AP panchayat property tax payment, door number search in Andhra Pradesh, marriage and birth registration, land tax etc. For the complete service details, kindly visit the official portal.

      Q3. How to check AP House Tax online?

      Ans. You can use the “Property Tax Auto Calculator” option to check your tax quickly. Put in the dimensions and the locality of your property, and your taxes will be instantly displayed using house number details in AP.

      Q4. What is the Property Tax for commercial buildings?

      Ans. It is fixed at 30% annually for all non-residential buildings.

      Q5. Are there any exemptions to the AP House tax payment?

      Ans.  Yes. There is a total exemption from the property tax in Andhra Pradesh for residential projects whose average annual rental value is less than Rs 600.

      Section 194ia: Understanding Your Income Tax Obligations

      Section 194ia: Understanding Your Income Tax Obligations

      The real estate sector in India has often had its reputation tarnished due to the amount of money laundering and corruption cases. To check this, one of the steps that the Indian Government took was to introduce Section 194ia of the Income Tax Act which allows the buyer of the property to deduct Tax at Source (TDS) before paying the seller. 

      In addition, the 194-is TDS rate is also standardised across all residential properties and lands (excluding agricultural lands). Thus, it cuts off any chance of foul play during the transfer of properties and makes the system more transparent. 

      Section 194ia of the Income Tax Act

      Section 194-Ia Of  Income Tax Act
      (Unlike other Income-tax procedures, during the sale of immovable property, it is on the buyer to deduct a certain amount of TDS during payment.)

      First, let’s start with the exact legal definition of Section 194-ia. It says that “Any individual legally responsible to pay (other than the person referred to in section 194LA) to a resident transferor any sum as consideration for the transfer of any immovable property (other than agricultural land) shall, at the time of crediting such sum to the transferor’s account or at the time of payment of such sum in cash, by the issue of a cheque or draught, or by any other mode, deduct an amount equal to 1% of the sum.” 

      Now let’s look closer at some of the terms here. 

      TDS on Rent

      Before going into the details, let’s discuss what rented properties are applicable for TDS deduction under Sec 194-ia of the Income Tax Act. The “rent” here equates to any lease/sub-lease/tenancy or other arrangements for the following immovable properties:

      • Building (including factory buildings)
      • Land
      • Land that holds any building
      • An industrial/manufacturing unit
      • Computer systems, machinery and other types of equipment needed for infrastructure
      • Machinery
      • Fittings
      • Furniture

      The applicable rate of TDS on rent of immovable property like land and buildings is 10% of the considered value. Usually, individuals/HUFs are not liable to pay taxes unless more than 50,000 per month. A 5% TDS will be deducted in such cases.

      When is the Timeline for the Section 194ia TDS Deduction?

      As mandated by the 194-ia TDS section, this TDS is deducted while transfer of property or while paying the rent to the landlord. The TDS thus deducted should be paid to the Government within seven days of the following month, albeit with a few exceptions. For example, if the amount is paid in March, the deadline would be April 30th.

      Documents required during 194-ia TDS payment

      • A TAN number (Tax Deduction Account Number). However, for the transfer of immovable property, the buyer need not have a TAN.
      • PAN cards of both buyers and sellers. The absence of this document might lead to heavy penalties for the buyer.
      • Address Proof
      • Personal Details such as Name, email address and others (as mentioned in Form 26QB)
      • Total consideration value
      • Date of payment
      • Form 16B (to be furnished by the buyer and submitted to the seller within 15 days)

      Section 194ia TDS Rate

      194-ia TDS Rate
      (The revised TDS rate will be applicable on all properties bought after 2019.)

      The revised TDS rate under Section 194-ia of the Income Tax Act is 1% of the total value of the property. For agricultural lands also, the TDS rate is 1% of the considered value. However, if the seller does not have a PAN, a steep 20% tax is deducted.

      TDS Section 194IA on Immovable Property

      194-ia TDS on Immovable Property
      (Be ready for hefty fines in case you have failed to file Income tax returns for more than two years.)

      The TDS on immovable property is 1% of the total considered value. However, for properties purchased before 2019, the TDS deducted is 0.75%. In case of the absence of certain documents like the PAN of the seller, the TDS deducted is 20%, along with hefty penalty fees.

      Section 194ia TDS Payment

      194-ia TDS
      (Section 194-ia of Income Tax needs the buyer to fill form 26QB and remit the amount deducted to the Government within a stipulated period.)

      You can pay 194-ia TDS via both offline and online modes of payment. This process involves two steps. First, the buyer will have to pay the 194-ia TDS through the 26QB challan and then obtain Form 16B for the seller. Here are some steps that you can follow:

      1. Log in to tin-nsdl.com with your credentials. After the window appears, click on the “Services” tab and select the “e payment: Pay taxes online” option.

      2) A new window with various challan options will appear before you.

      3) Scroll down a little. Then, under the “TDS on Property Form 26QB” option, click on “Proceed”.

      4) You will be redirected to a new window. First, you have to input all taxpayer information. In the “Tax Applicable” section, choose 0020 if you are paying corporate tax. For others, click on 0021—next, select assessment period, type of payment, and residency status. You also need to provide your details along with your PAN. You also need to input the seller’s PAN here. Then click on “NEXT”. 

      5) Fill in all the other necessary details, including the property details. Then, you will finally reach the “Payment” page. Here, one needs to select their preferred mode of payment and click on “Proceed”. Once you successfully pay online, you will be able to download and print a Challan 280 for future reference.

      6) In case you are unable to pay online, you will receive a Form 26QB along with a unique acknowledgement number (only valid for ten days from generation). You can take this form to the nearest bank along with a cheque and make your payment. On successful transactions, the bank will generate the challan for you.

      After this, you need to visit the TRACES website and register on TRACES as a Taxpayer with your PAN number and challan number. Then, get your Form 16B and download it. Remember, this form is to be mandatorily issued to the seller of the property.

      Section 194ia Challan

      194-ia Challan
      (Form 280 is very vital while TDS deduction by the buyer.)

      This is a sample of the 194-ia challan or Form 280. The buyer must have a copy of this form 280 while deducting TDS on property sale

      For a closer look, visit here.

      When is the latest possible date that the TDS can be deposited with the government?

      The TDS, which stands for “tax deducted at source,” needs to be sent to the administration by the 7th of the month that follows the one in which it was deducted. This indicates that the tax deductions that were taken out in the month of March need to be turned over to the authorities by the 7th of April.

      The repercussions of failing to make a payment toward the TDS

      The rules of the legislation provide that it is the responsibility of the buyer to deduct any relevant TDS from the total value of the transaction and file it in the appropriate manner with the government. Because it is not required for purchasers to have a PAN, they are free to utilise the information from their PAN in the paperwork. Those purchasers who do not submit their tax withholding payments to the government within an allotted amount of time face the possibility of being fined in the form of interests or facing a term of imprisonment that may be as long as 7 years. It is important to note that even if the seller may be compelled to make payment, the buyer would be the one to bear the penalty in this scenario.

      Things to Keep in Mind: TDS on Immovable Property Section

      TDS: Things for the customer to keep in mind 

      The total consideration for the sale should have either 1 percent or 0.75 percent TDS on the sale of property deducted from it, depending on the timing of payments. Obtain the seller’s PAN and then check it against the information on the genuine PAN card. In order to make a tax payment, you will also need your PAN. Since there is no online system for the repair of inaccuracies, you must be very careful not to make any mistakes while providing the PAN or any of the other information in the online form. It is necessary for you to get in touch with the Tax Department in order to make the necessary corrections.

      TDS: Things for the Seller to Keep in Mind

      Give the buyer your Permanent Account Number (PAN). In the Form 26AS Yearly Tax Statement, you need to make sure that the deposit of taxes that were deducted by the buyer is correct.

      Things that are essential to keep in mind regarding TDS

      If a property’s purchase price is more than Rs. 50 lakhs, the buyer is required to deduct TDS on property purchase & pay it to the government. The buyers, and not the vendor, are the ones who are accountable for deducting and submitting the TDS amount. In the event that any of this property is misappropriated, the buyer would be held accountable before the appropriate authorities. In order to credit the TDS, buyers need to fill out Form 26QB. In the event that the transaction involves more than one buyer or seller, there are separate forms that need to be filled out for each individual party.

      Important Terms

      1. What is Immovable Property?

      During the transfer of properties, an immovable property refers to a flat, building, part of the building, or any other real estate and land other than agricultural land. Land or property that is inherited also comes under the purview of immovable property.

      1. What is TDS?

      TDS stands for “Tax Deducted at Source.” It’s a tax collection mechanism in which a person or entity responsible for making payments (such as salary, interest, rent, etc.) is required to deduct a certain percentage of the payment as tax before making the payment to the recipient. The deducted tax is then directly deposited to the government on behalf of the recipient. TDS ensures that the government collects tax revenue in advance and prevents tax evasion. The recipient then receives the net amount after the deduction of TDS. Recipients can claim credit for the TDS amount while filing their income tax returns.

      As can be seen, section 194-ia TDS of Income Tax Act has successfully minimised the rampant corruption during the transfer of properties. With actual tax rates and liabilities, both buyers and sellers need to be in tandem to participate in real estate transactions, including land successfully. However, if you are still confused, you can always contact the NoBroker legal experts to understand the finer details of the TDS rules. Wish to know more about various taxes related to real estate? Visit our blog section and get knowledge on multiple taxes and their benefits. For any legal issues regarding 194ia TDS just click below.

      FAQs

      Q-1 What is the 194-ia TDS rate?

      Ans. The Indian Income Tax Act mandates that the 194-ia TDS payment rate is 1% for all immovable property, including land. However, this does not include agricultural land.

      Q-2 Is PAN mandatory during the transfer of immovable property?

      Ans. Yes. PAN is an important document needed to file TDS for payment during the sale of the property. Both the buyer and seller need to furnish their PAN for a successful transaction of property. Without a PAN, the TDS rate might shoot up to 20%.

      Q-3 Is there any penalty for not filing/ late filing of TDS statements?

      Ans. In the case of a buyer, a late fee of Rs 200 per day will be taxed on the buyer in the case of non-filing/late filing of TDS statements. In addition, specific penalty fees will also be applicable. For sellers, the inability to file form 26QB will fail to claim TDS credit. All dues will be redirected to the Central Government.

      Q-4 How can I generate the 194-ia challan?

      Ans. On payment of TDS online, you will be able to download and print a copy of your Form 280 or the TDS challan. For offline submission, visit your nearest bank with the necessary documents, and they will generate the challan for you.

      Q-5 Where should I go to pay the 194-ia TDS?

      Ans. Visit https://www.tin-nsdl.com/ and look under the Services tab. From there, choose e-payment and then opt for Form 26QB and click on “Proceed”. After that, you have to input the required details and make your payment.

      A Guide to Property Registration Fee and Stamp Duty in Tamil Nadu

      A Guide to Property Registration Fee and Stamp Duty in Tamil Nadu

      The stamp is one of the significant aspects that is taken into being while registering a property. The state government imposes stamp duty and registration charges at the time of property transactions. The value of a particular land varies from one state to another. Tamil Nadu is one such state that is known for its high stamp duty and plot registration charges. So, the property buyers should be ready to pay a handsome amount for registration and stamp duty in Tamil Nadu. 

      Stamp Duty in Tamil Nadu

      Stamp Duty in Tamil Nadu
      (Details of individual stamp duty and registration charges in Tamilnadu for all types of documents have been listed.)

      We have already discussed that the stamp duty and plot registration charges in Tamil Nadu are pretty high along with the MODT charges in Tamil Nadu 2022

      Now, let us look at the document charges for land registration in Tamil Nadu. 

      Sale Deed Registration Charges in Tamilnadu

      In the case of selling the property, the stamp duty charges in Tamil Nadu are 7% of the property’s market value. The registration fee for the same is 4% of the market value. If you have gifted or have received land as a gift, then the gift deed registration charges in TamilNadu remain the same, i.e., 7% and 4%.  

      Release Deed Stamp Duty in Tamilnadu

      There are two kinds of release documents that you are charged for, i.e., one is among the family members, and the other is among the non-family members. In the case of release deed registration charges in TamilNadu among the family members, the stamp duty and registration fee are 1% of the market value; the maximum limit is Rs. 25,000/- on stamp duty and Rs. 4,000/- on plot registration. If the release deed is among the non-family members, then the stamp duty levied is 7%, and the registration fee is 1%. 

      Settlement Deed Stamp Duty in Tamilnadu

      As per the settlement deed registration charges, Settlement Deed rules in Tamil Nadu in Tamilnadu is different for family and non-family members. If the family settlement deed stamp duty in TamilNadu is among family members, then the stamp duty in Tamil Nadu is 1% of the market value with a maximum limit of Rs. 25,000/-. The registration charge is also 1%, the maximum limit being Rs. 4,000/-. Apart from the family members, the settlement deed registration charges among outsiders have a stamp duty of 7% and a registration fee of 4% of the property’s market value. 

      Lease Deed Registration Charges in Tamilnadu

      Lease agreement documents are of various kinds, and they need to be registered. The lease deed agreement’s stamp duty and registration charge is 1% of the rent and fines. The maximum limit for the charges is Rs. 20,000/-. For leases up to 99 years, the registration fee remains 1%, and the stamp duty is 4% in addition to any rent or fine. For lease deeds beyond 99 years, the registration fee is again 1%, and the stamp duty increases to 7% in addition to advance or premium.  

      Stamp Duty for Power of Attorney in Tamilnadu

      There are different stamp duty and registration fees for the power of attorney registration fees in TamilNadu. In case of a general power of attorney for the sale of immovable property, the stamp duty is Rs. 100/-. The registration fee is, however, higher, i.e., Rs. 1,000/-. In the case of selling a property under the general power of attorney, the stamp duty is Rs. 100/- and the registration fee is Rs. 50/-. The general stamp duty for power of attorney is 4% and the registration fee 1%, with a maximum limit of Rs. 10,000/-. 

      Stamp Duty for Partition Deed in Tamilnadu

      There are stamp duty and registration fees for partition in Tamil Nadu. In a split of property among family members, the stamp duty and plot registration charge are 1% of the property’s market value. The maximum limit of both is Rs. 25,000/- and Rs. 4,000/- respectively under every unit of partition. In the case of a partition deed stamp duty in TamilNadu among people who aren’t related, the stamp duty is 4%, and the registration charge is 1% of the market value of individual shares. 

      Sale Agreement Registration Charges in Tamilnadu

      In the case of selling the property in Tamil Nadu, the stamp duty levied is just Rs. 20/- (1% of the token money), and the registration charge is 1% on money advanced, i.e., 1% on total consideration if the possession of the property is given to the other person. For an agreement related to construction, the stamp duty and registration fee is 1% of the higher value out of the cost of the building. In case the sale agreement registration documents in Tamil Nadu are cancelled, then the fee is Rs. 50/-.     

      So, these are some of the different kinds of stamp duty levied in Tamil Nadu. There are additional charges for separate deeds. Let us now look at some other plot registration charges. 

      Land/Property Registration Fee in Tamil Nadu

      Land/Property Registration Fee in Tamil Nadu
      (The fee for registration for joint ventures in Tamil Nadu is high at the rate of 7%)

      The office of land registration in Chennai has implemented the plot registration charges and stamp duty in Tamil Nadu; whether it is E-Stamping or stamp duty related to any deed, this can be done through a registrar. The stamp duty charges are the highest in this state. It is because the Tamil Nadu Stamp Act of 2019 is applicable in the state. The Tamil Nadu Stamp Duty Act is made to generate revenue for the Indian Government. The act also makes stamp duty compulsory on some deeds. The documents under stamp duty are considered authentic to carry out plot registration. 

      Since the lockdown was imposed across the globe, the stamp duty charges have visibly become low. For example, land registration fees in TamilNadu were as high as 11%, but they have reduced to 6% due to the pandemic. COVID has globally affected us, and as a result, the plot value has been reasonably reduced. 

      Since the COVID cases have reduced and vaccinations have been done, stamp duty charges have increased again. Let us further discuss in detail the stamp duty in Tamil Nadu.

      Plot Registration Charges in Tamil Nadu

      Plot Registration Charges in Tamil Nadu
      (The 29th of October, 2020, will go down in history as a major milestone for the Tamil Nadu land registration department.)

      The stamp duty and registration fees in Tamil Nadu and Chennai are the same. The Chennai office implements the cost regarding stamp duty and plot registration. Well, in the case of plot registration, the fee is 1%, with a maximum limit of Rs. 4,000/-. In other cases, the stamp duty is 7% of the market value of the property.   

      Agricultural Land Registration Charges in Tamil Nadu 

      In Tamil Nadu, the charges for buying agricultural lands are also high.  Thus, the agriculture land registration fees in TamilNadu on stamp duty is 7% of the market value of the property.Similarly, the registration fee charged is 1% of the property value. This figure is the same as that of sale, resale, and property registration in Tamil Nadu. Therefore, the agriculture land registration fees in Tamil Nadu are pretty high. Thus, you need to preserve a substantial amount before thinking of buying land in Tamil Nadu.   

      GST for Land Registration in Tamil Nadu

      GST for Land Registration in Tamil Nadu
      (GST for land registration fees in Tamil Nadu)

      Since the GST Council meeting was held on 24 February 2019, new GST rates have been released. The GST rates in residential areas are as follows:

      1. GST is charged at 5% without ITC (Input Tax Credit) on residential properties. It is not a part of an affordable housing segment. 
      2. GST is charged 1% without ITC on residential properties included in the affordable housing segment. 

      GST in Tamil Nadu is 12%. It does not apply to the sale or resale of old properties. Now, let us discuss the housing segment qualifying criteria for housing properties. 

      • The total carpet area of the property must not exceed 60 square meters in metropolitan areas.
      • The total carpet area must not exceed 90 square meters in non-metropolitan cities.
      • The total value of the property must not exceed Rs. 45 lakhs. It is applicable in metropolitan and non-metropolitan areas. 

      Now, let us look at the benefits of GST in Tamil Nadu.

      • The tax structure leads to greater adherence from builders. 
      • The GST rate for the property of the buyer has been reduced to 1%.
      • Better pricing happens due to GST. 

      How to Calculate Stamp Duty in Tamil Nadu

      In Tamil Nadu, a property buyer pays stamp duty as stipulated by the Government. The stamp duty is levied on either the ready rate or the consideration value of the property, whichever is greater. For example, if the agreed value of a property is Rs. 50 Lakh and the other value is Rs. 40 Lakh, the stamp duty is computed on the more significant amount, i.e. Rs. 50 Lakh.

      Several things determine the stamp duty. For example, the worth of the property, the kind of the property, the location of the building, the number of floors, and the property age (in years) are some of the elements that influence stamp duty.

      Stamp Duty and Registration Charges for Women

      Keep in mind that in Tamil Nadu, women cannot receive a discount on property ownership. In Tamil Nadu, women and men are required to pay the same stamp duty and property registration fees, unlike other states. For example, in Delhi, male homeowners must pay 6% in stamp duty whereas female home buyers must pay 4% on the property market value. 

      Stamp Duty Tamil Nadu Payment: Online and Offline Process

      As previously stated, the Registrar/Sub-office Registrar’s in the jurisdiction where the property was purchased is where the stamp duty and registration fees must be paid.

      Non-judicial stamp sheets, which are available at the offices of the Sub-Registrar, are the best option to pay the aforementioned fees in Chennai.

      Through the E-stamping function, one may also pay stamp duty online. To get an e-stamp, just go to the Stock Holding Corporation of India Limited (SHCIL) website at http://www.shcilestamp.com/ and follow the instructions.

      Step 1: Go to the SHCIL official website.

      Step 2: Pick an e-stamp service.

      Step 3: From the drop-down option, select “state”.

      Step 4: Finish filling out the application and click the “Download” tab.

      Step 5: The buyer must turn in this form to the nearby SCHIL branch.

      Step 6: Make the payment by an account transfer, NEFT/RTGS, check, cash, or other method.

      The payment for the same can be made at the relevant SHCIL branch in Chennai via NEFT/RTGS, cash, or DD deposit.

      Property Registration in Tamil Nadu: Documents Required

      Here are the required documents for paying the property registration charges in Tamil Nadu:

      • PAN card and a signed receipt attesting to the proper payment of the stamp duty
      • A form of identification for the executant and the claimant, such as a PAN card, driver’s licence, voter ID, passport, Aadhaar card, etc.
      • A document from the witnesses proving your identification
      • Two passport-sized photos that both parties must carry
      • If applicable, a No Objection Certificate (NOC)
      • Tax clearance certificate or no due certificate
      • Property-related documents, such as a power of attorney, a sale deed, a conveyance deed, etc.
      • Passbook for Pattadar

      Registration Charges for Resale of Property in Tamil Nadu

      The sale and resale of the property have the same stamp duty and plot registration. The stamp duty for resale of property is 7%, and the plot registration fee is 1% of the property’s market value or the sale agreement value. 

      So, this is all the information regarding the stamp duty and registration charges in Tamil Nadu 2021. Tamil Nadu has one of the highest stamp duty and plot registration fees. Thus, if you wish to buy a property, you need to reserve a significant amount for stamp duty and registration fees. According to the sources, CREDAI Chairman S Sridharan emphasized that stamp duty must be reduced from 11% to 5 %. Still, the registration charges will remain the same, i.e., 1% on all dealings regarding the property. 

      The Tamil Nadu government enables property registrations on three auspicious days deemed in the Tamil calendar to increase income. So far, Tamil Nadu’s sub-registrar offices have remained closed on these days. Thai Poosam and Aadi Perukku are two days that the Government will contemplate allowing property registration from now on. However, those registering property on certain days may have to pay an additional registration fee and stamp duty in Tamil Nadu. For more details on Stamp Duty in Tamil Nadu contact our legal team.

      Advantages of Taxation on Stamp Duty and Registration Fees

      Purchasing property is a significant financial investment, but it can also offer tax benefits. Stamp duty and registration charges are no exception. Homebuyers can avail tax benefits under Section 80C and Section 24 of the Income Tax Act, 1961. Under Section 80C, homebuyers can claim a deduction of up to Rs. 1.5 lakhs on stamp duty and registration charges paid for the purchase of a property. Additionally, under Section 24, homebuyers can claim a deduction of up to Rs. 2 lakhs on the interest paid on a home loan for a self-occupied property.

      NoBroker offers home loan services that can help homebuyers navigate the complex process of obtaining a home loan. Our team of experts can assist you in finding the right home loan option that meets your needs, as well as offer advice on how to make the most of tax benefits available on stamp duty and registration charges.

      Process of Settling Stamp Duty and Registration Fees in Tamil Nadu

      Paying stamp duty and registration fees in Tamil Nadu is a straightforward process. You can pay these fees offline or online. Here are the steps to follow:

      Offline Payment:

      1. Collect the stamp paper from the authorized vendor.
      2. Calculate the stamp duty and registration fees payable using the appropriate formula.
      3. Pay the fees at the designated bank or treasury.
      4. Collect the receipt.

      Online Payment:

      1. Visit the Tamil Nadu Registration Department’s official website.
      2. Click on “E-Services” and select “Payment of Stamp Duty and Registration Fees.”
      3. Fill in the required details such as property details, stamp duty, and registration fees.
      4. Choose the payment method and complete the payment.
      5. Take a printout of the receipt.

      Factors Influencing Stamp Duty in Tamil Nadu

      The stamp duty is calculated based on the property’s market value or the transaction value, whichever is higher. Here are the factors that affect stamp duty in Tamil Nadu:

      1. Location of the property – Stamp duty rates vary based on the property’s location, such as the city, town, or village.
      2. Type of property – The stamp duty rates differ for residential, commercial, and industrial properties.
      3. Age of the property – Old properties attract a lower stamp duty compared to new properties.
      4. Gender of the buyer – Female buyers are eligible for a 1% reduction in stamp duty.

      The table below shows the stamp duty rates in Tamil Nadu:

      Property TypeStamp Duty Rate
      Residential Property7%
      Commercial Property8%
      Industrial Property8%
      Agricultural Property7.5%

      Factors Influencing Registration Charges in Tamil Nadu

      Registration fees are calculated as a percentage of the property’s market value or the transaction value, whichever is higher. Here are the factors that affect registration fees in Tamil Nadu:

      1. Location of the property – Registration fees vary based on the property’s location, such as the city, town, or village.
      2. Type of property – The registration fees differ for residential, commercial, and industrial properties.
      3. Age of the property – Old properties attract a lower registration fee compared to new properties.

      Documents Needed for Paying Stamp Duty and Registration Costs in Tamil Nadu

      When you’re purchasing a property in Tamil Nadu, you need to pay a stamp duty and registration fee to the government. Stamp duty is a tax levied on property transactions, while registration charges are the fees paid for registering the property with the government. To make these payments, you’ll need to have certain documents in order. Here are the documents you’ll need for paying stamp duty and registration costs in Tamil Nadu:

      1. Sale Deed: This is a legal document that proves the sale and transfer of ownership of a property. It contains details about the buyer, seller, property description, sale consideration, and other terms and conditions of the sale.
      2. Title Deed: This is a legal document that proves the ownership of a property. It contains details about the owner, property description, and any encumbrances or liens on the property.
      3. NOC (No Objection Certificate): If you’re purchasing a property that has already been constructed, you’ll need to obtain an NOC from the builder or society. This certificate proves that the builder or society has no objection to the sale of the property.
      4. Encumbrance Certificate: This is a legal document that proves that the property is free from any encumbrances or legal disputes. It contains details about the property, the owner, and any mortgages, loans, or liens on the property.
      5. Property Tax Receipts: You’ll need to provide proof that you’ve paid property taxes on the property. This is usually in the form of property tax receipts for the last three years.
      6. PAN Card: You’ll need to provide your PAN card details for the payment of stamp duty and registration fees.
      7. ID Proof: You’ll need to provide a government-issued ID proof such as a voter ID, Aadhaar card, passport, or driving license.
      8. Passport Size Photos: You’ll need to provide two passport size photos for the stamp duty and registration process.

      If you’re not sure which documents you need, you can consult a lawyer or a real estate agent like NoBroker who can guide you through the process.

      Procedure for Making Online Stamp Duty Payments in Tamil Nadu

      Paying stamp duty and registration fees in Tamil Nadu has become easier with the introduction of online payment methods. You can make your payments online from the comfort of your home or office, saving you time and effort. Here’s a step-by-step guide to making online stamp duty payments in Tamil Nadu:

      • Step 1: Visit the Tamil Nadu e-Registration website (https://tnreginet.gov.in/portal/)
      • Step 2: Click on “Guideline Value Search” and enter the details of the property to get an estimate of the stamp duty and registration fees.
      • Step 3: Click on “Online Registration” and fill in the details of the property, buyer, and seller.
      • Step 4: Upload the required documents such as the sale deed, title deed, and NOC.
      • Step 5: Pay the stamp duty and registration fees online using a debit or credit card, net banking, or mobile wallet.
      • Step 6: Once the payment is successful, you’ll receive a confirmation and an appointment for the registration of the property.

      It’s important to note that stamp duty and registration fees can vary based on several factors such as the location of the property, the age of the property, and the sale value. It’s a good idea to use the guideline value search on the Tamil Nadu e-Registration website to get an estimate of the fees before making the payment.

      NoBroker can help you with the online payment process as well as provide interior real estate services and home loan services. With their real estate legal expertise, you can complete the entire process smoothly and hassle-free. Click below to know more.

      FAQ’s

      Q-1 Do I need to register the property taken by me on the lease?

      Ans. Yes, you have to register the property you have taken on lease. As mandated, you need to pay the stamp duty and registration fee which is 1% in addition to rent or premium. The upper limit of the Tamilnadu house registration charges is Rs. 20,000/-. 

      Q-2 Can the family property be partitioned among the members who are not coparceners?

      Ans. A legal partition among family members is permitted when each member is a coparcener of the family. Every family member has to prove that they are a coparcener for a particular share of registered property. 

      Q-3 Do I need to register again after the mortgage on my property I cleared?   

      Ans. Registration of the mortgaged property is done individually. The documents regarding the mortgage will become null and void once the payment has been made. Thus, you do not need to register again if the property is already registered. 

      Q-4 Which Stamp Act is applicable in Tamil Nadu?

      Ans. The Indian Stamp Act of 1899 and the current Tamil Nadu Stamp Act, 2019, are applicable in Tamil Nadu. According to this act, a person has to pay stamp duty and registration fee in case of partition, sale, lease, and resale of the property.

      Q-5 What is the validity of stamp paper in Tamil Nadu?

      Ans. According to the laws, there is no impediment in using a stamp paper that has been used six months before buying or selling some property. A stamp paper does not have any expiry date and can be used to execute the documents.   

      What is a Legal Heir Certificate, and Why is it Important?

      What is a Legal Heir Certificate, and Why is it Important?

      We often hear about people fighting a court case to keep the share of their inherited land or be nominated as the sole legal heir of the property. However, matters can get even more complicated when the original proprietor of real estate dies intestate, i.e., without leaving any will behind to clarify their wishes on the distribution of the property. In such cases, succeeding family members must attain official documents like the Legal Heir Certificate or Succession Certificate to assume the proprietor’s responsibilities and gain the freedom to make decisions on their behalf. 

      People with no legal background often find themselves in a bind when there is no way to understand the acts in the Indian constitution and what all the technical jargon implies. A legal heir certificate is one such debated topic that needs simplification. Read to find out more about who are legal heirs and how to get a legal heir certificate.

      Who Are Legal Heirs?

      Who Are Legal Heirs
      Money divided by legal heirs

      According to succession laws, when a person dies without leaving any legal clarification or a will behind, a person who inherits all the materialistic properties and responsibilities, and even debts that come with real estate, they are termed as an heir. 

      In India, legal heirs can be classified into two categories – Class I and Class II.

      Class I heirs in equal share for a Hindu man according to Hindu Succession Law – 

      • His wife
      • His children
      • His mother

      In the absence of Class I heirs, Class II heirs can claim the property.

      Class II heirs for a Hindu man according to Hindu Succession Law – 

      • His father
      • His grandchildren
      • His great-grandchildren
      • His siblings
      • Other relatives

      What Is a Legal Heir Certificate?

      What Is a Legal Heir Certificate
      Last Will

      A Legal Heir Certificate is an essential official document issued by the government bodies that helps establish the relationship between the deceased person and their legal heirs according to the Succession Laws of India. A legal heir certificate india helps transfer all the legal assets of the deceased person to their living family members. This certificate is needed for real estate and the transfer of financial claims via banks like provident funds, house tax, loans, electricity bills, saving/current accounts, filing of IT returns, etc. In addition, a legal heirship certificate from court is needed when a person dies intestate, i.e., without leaving a will or declaring a legal nominee behind. 

      Why Do You Need a Legal Heir Certificate?

      Why Do You Need a Legal Heir Certificate?
      Inheritance Law

      Waris certificate is claimed by the rightful successor who takes over any assets and responsibilities of the deceased person. Legal heirship certificate is needed to – 

      • Transfer a deceased person’s properties and assets to the rightful successor.
      • Claim any insurance policies in place.
      • Sanction and receive any family pension allotted to the deceased employee by the official channels.
      • Claim monetary dues like provident funds, gratuity, etc., from the government.
      • Receive any pending salary of the deceased employee who was working for the state or central government.
      • Receive employment due to any compassionate appointments.

      If you are looking to purchase a property, it is advised to ask for a legal heir certificate to confirm who is the rightful proprietor. In cases of multiple legal heirs, you must ensure that everyone signs the deed of conveyance to avoid any legal dispute cases in the future. 

      What Are The Advantages Of Obtaining A Legal Heir Certificate?

      A legal heir certificate is a document that certifies the rightful heirs of a deceased person. It is an important document that helps the heirs to claim the assets and properties left behind by the deceased. You must know how to apply legal heir certificate because here are some advantages of obtaining a legal heir certificate in India:

      • Proof of legal heirship: The legal heir certificate is a legal proof that certifies the legal heirs of the deceased person. This document is necessary to claim the assets and properties left behind by the deceased.
      • Easy transfer of assets: Still wondering is legal heir certificate enough for property transfer? The original legal heir certificate helps in the easy transfer of assets and properties left behind by the deceased. This certificate is required to transfer the assets and properties to the legal heirs.
      • Avoids legal disputes: In the absence of a legal heir certificate, there may be disputes among the legal heirs over the assets and properties left behind by the deceased. The legal heir certificate helps in avoiding such disputes and ensures a smooth transfer of assets.
      • Useful in obtaining government benefits: The legal heir certificate is useful in obtaining government benefits such as pension, insurance, and other financial assistance.

      Read on to know the procedure for legal heir certificate creation along with the legal heir certificate documents required-

      What Is the Process of Getting a Legal Heir Certificate?

      What Is the Process of Getting a Legal Heir Certificate?
      Women filling a legal heir form

      To get your legal heir certificate, you must reach out to the respective area’s Taluk Tehsildar or corporation/municipality office or the district civil court. 

      • The legitimate heir of the deceased person must contact the rightful authority of the respective area and ask for the application form that needs to be filled to apply for a legal heir certificate. The application includes the names of the legal heirs, their relation to the deceased, and their residential addresses. After filling this application to the best of your knowledge, could you submit it to the government officials? You can also hire a lawyer for the same who’ll reach out to the district civil court on your behalf.
      • The death certificate of the late proprietor, along with all the other necessary documents, must be attached to the application. If you do not already have it, the death certificate must be retrieved from the corporation/ municipality office.
      • You must submit an affidavit on a stamp paper or a self-declaration along with the application for a legal heir certificate.
      • Your enquiry is noted, and a revenue inspector or an administrative officer conducts a thorough inspection to understand all the facts.
      • Once the inspection was completed and declared victorious, the respective authorities issued the legal heirship certificate.

      Usually, this process of submitting an application and receiving the legal heir certificate takes around 30 days. However, if you face an unavoidable unexpected delay, you must reach out to the Revenue Division Officer (RDO) or the sub-collector of the respective area. 

      What Are the Documents Needed to Obtain a Legal Heir Certificate?

      To obtain a legal heir certificate issued by the government of India, you must ensure that you submit the below-mentioned documents along with the application – 

      1. Application form – filled with accurate information and signed.
      2. Applicant’s identity or address proof. Identity proof could be the applicant’s Aadhar Card, Driving Licence, Voter ID Card, Passport, or any other Identity Card issued by the Government of India. Address proof could be any acceptable ID proof or any gas bill, telephone or mobile bill, passbook, etc.
      3. Death certificate of the deceased proprietor. It can be obtained from the corporation/ municipality office.
      4. Proof for Date of Birth of all legal heirs. It could be a PAN Card, Passport, Birth Certificate, School Transfer or Leaving Certificate, etc.
      5. Address proof of the deceased proprietor. 
      6. A self-undertaking affidavit.

      The Difference Between a Legal Heir Certificate and a Succession Certificate

      The Difference Between a Legal Heir Certificate and a Succession Certificate
      Signing a legal heir document

      Though legal heir certificates and succession certificates might sound similar due to their terminology and purpose, they are entirely different official documents that cannot be a substitute for each other. Some of the significant differences between a legal heir certificate and a succession certificate are – 

      • The legal heir certificate is issued by the district’s tehsildar, and the succession certificate is issued by the civil court. 
      • An heirship certificate is used to claim employee benefits, insurance policies, property registration, and transfer any shares or debts initially handled by the deceased person. Succession certificate is limited to grant the power to make financial decisions and hold transactions on behalf of the deceased person. 
      • An heirship certificate helps establish the relationship between the applicant and the deceased person, while a succession certificate helps settle any cases of the disputed property.
      • According to succession laws, a legal heir certificate is not enough proof for the applicant to act as the beneficiary of the deceased person’s property. On the other hand, a succession certificate ensures that any transaction on behalf of the deceased person carried out by the document holder is legal.
      • Legal heir certificates can be obtained by the spouse, children, or parents of the deceased person. The official legal heirs can only acquire succession certificates.
      • Fees for the legal heir certificate are the stamp paper’s price, i.e., Rs. 20 and the stamp, i.e., Rs. 2. Whereas a succession certificate requires the price of 3% of the entire property’s total value.
      • An heirship certificate can be issued between 15-30 days, while the succession certificate requires at least 45 days.
      • Legal heir certificate is considered in all types of properties, while succession certificate is considered only in movable properties.

      Difference between Surviving Member Certificate and Legal Heir Certificate:

      A surviving member certificate is a document that certifies the surviving members of a family in case of the death of the head of the family. It is issued by the revenue department of the district where the deceased person resided. A legal heir certificate, on the other hand, certifies the legal heirs of a deceased person. The legal heir certificate is required to claim the assets and properties left behind by the deceased.

      How To Add a Legal Heir to File for Income Tax Returns?

      How To Add a Legal Heir to File for Income Tax Returns?
      Indian Income Tax Return

      Even the deceased have to pay income tax. Their legal heir/s are liable to file ITR and pay the calculated income tax on behalf of the deceased proprietor. Steps to follow are – 

      1. The legal heir must open the income tax e-Filing portal.
      2. If you are a registered user, log in using your account details. If not, create a new account by clicking on the ‘register yourself’ option. Provide all the necessary information like PAN, Surname, Middle Name, First Name, Date of Birth, and Residential Status. Complete the registration process.
      3. After successfully logging in, go to ‘my account’ and Register as a representative.
      4. Select New Request from the drop-down menu in the Request Type option.
      5. In the Add/Register as representative section, select Register yourself on behalf of another person from the drop-down menu. 
      6. In the Category to Register section, Select Estate of Deceased from the drop-down menu.
      7. Click on the Proceed option, and you will be redirected to an external page.
      8. Provide all the details like PAN, name of the estate, and date of incorporation of the deceased. 
      9. Make a zip file of size less than 1 Mb that includes documents like a self-attested copy of PAN Card of legal heir, PAN Card of the deceased person, copy of the Death Certificate, Legal heir certificate or Affidavit in the presence of a Notary Public.
      10. After uploading the documents, click on the ‘submit button form where your request will be transferred to the e-Filing Administrator.

      Your request will be reviewed by the e-Filing Administrator and will either be accepted or rejected based on the details you provided. In case of acceptance, you will either be appointed as the legal heir or the temporary heir. 

      Status of Registration will be sent to the mail id from which you have logged in. You can check the status of the request by accessing the ‘My Request’ tab. Once you have been approved as the legal heir, you can file income tax on behalf of the deceased person.

      Inheritance is a complicated legal concept that has several conditions and loopholes that are tough to understand. One such concept is a legal heir certificate. When a person dies intestate, i.e., legal heirs need to get a Waris certificate from the official authorities without leaving any will behind. This heirship certificate enables the heir to access the deceased person’s bank accounts or claim employment benefits. If you’re buying a resale house this is one document that you need to check. Wondering what the other documents are? Get NoBroker Legal services! This team has experts who will guide you on what to look for and how to get it, making your home buying experience a smooth and stress-free one. Click the link below to find out more. 

      FAQ’s

      Q1. How long does it take for a legal heir certificate to be issued?

      Ans. A legal heir certificate takes around 15-30 days to be issued.

      Q2. Can a legal heir face penalties on behalf of the deceased person?

      Ans. Yes, a legal heir can face penalties on behalf of the deceased person.

      Q3. How much amount is required to obtain a legal heir certificate?

      Ans. Legal heir certificate requires a stamp of Rs. 2 and a stamp paper of Rs. 20. 

      Q4. Who to approach for obtaining the legal heir certificate?

      Ans. You must approach the area’s Taluk Tehsildar or corporation/municipality office or the district civil court.

      Q5. What are the two types of legal heirs?

      Ans. Two types of legal heir – Permanent legal heir and temporary legal heir. 

      Q6. What is an acceptable legal heir certificate format?

      Ans. Click the link to check the acceptable legal heir certificate format: https://assets1.cleartax-cdn.com/s/img/2018/10/30101917/Legal-Heir-Certificate-Google-Docs.pdf

      Q7. How to get a legal heir certificate online?

      Ans. To obtain and view legal heir certificate online, log in to the E-district portal and upload necessary documents like ID proof, Death Certificate of the proprietor and affidavit.

      Q8. Can legal heir sell property?

      Ans. Yes, a legal heir can sell property.

      Q9. Who is the legal heir for a father’s property?

      Ans. Legal heir for a father’s property includes his wife, his children and his mother.

      Fractional Ownership and How It Is Affecting the Commercial Real Estate World

      Fractional Ownership and How It Is Affecting the Commercial Real Estate World

      Did you know that experts predict that Fractional Ownership in India will reach $5 Billion in a few years? As a society, we have placed a lot of trust and loyalty in real estate investments. Ownership of land is considered one of the most significant class symbols that ensures your position in the uppermost strata of the community. However, even though the past few generations were able to invest their life savings in gold and real estate relatively quickly, the urbanites of the present era have been limited to investing in residential apartments or small plots of land. At the same time, we as a human populace also face several scarcities making successful investments difficult to attain.

      Especially, in a nation where the population is increasing, our nation faces a scarcity of land, which ultimately means that real estate has proven to be a successful investment. But at the same time is out of reach for people looking to join the landowner bandwagon. Instead of investing in depreciating assets, people want to look into Commercial Real Estate (CRE) that ensures better rental cash flow. However, CRE requires better connections, comprehensive knowledge of the real estate market, and considerable money. As a result, High Networth Individuals (HNIs) or the Ultra HNIs are the only ones who can partake in this top section of the investment world. 

      After the pandemic took everyone for a financial run, Fractional ownership of CRE has emerged as a promising concept for reliable investments that would provide long-term capital appreciation and daily returns as well. Owing to its low risk and high return properties, fractional ownership real estate ownership is a boon for average citizens looking to make profitable investments. Read more to find out about fractional property ownership and how it can benefit an ordinary citizen.

      What is Fractional Ownership?

      What is Fractional Ownership
      What is Fractional Ownership

      Ownership in itself dictates our sole right over any property. But fractional ownership, as the nomenclature suggests, is the concept of owning just a fraction of any property rather than being the exclusive proprietor with the rightful benefits. Commercial Real Estate in India is a profitable investment right now and comes with specific financial barriers that limit the entry of average citizens into the market. 

      For example – There’s a luxury office space worth Rs 100 crore in one of the prime locations of Delhi. Considering the very high range of capital investment, no one except a High Networth Individual (HNI) can afford to purchase it. Even though it promises multiple benefits and is a safe investment option, an average citizen offering just Rs 10 Lakh cannot lay claim to it. But what if multiple people come together, pool all their savings, and make an offer for the Commercial Real Estate in question? That would mean that each person gets to own a part of the office and split the benefits equally. As time passes and the market value of real estate increases, all the people who invested in the office space could earn rental returns and avail themselves of the long-term capital benefits as well. 

      That is precisely what the concept of fractional ownership of real estate plans to do. It empowers people with limited capital to be part-owners of Commercial Real Estate.  

      Why is Fractional Ownership of Commercial Real Estate Growing?

      Commercial Real Estate
      Commercial Real Estate

      Fractional Ownership of Commercial Real Estate is steadily rising in India as the CRE market is expected to grow by 13% to 16% in the next five years. Some of the reasons for this predicted boom could be related to the fact that the country is looking at an augmented demand for office space in upcoming years, an increase in the number of large institutional investors, and a huge investment of foreign money related to multiple commercial projects. All these factors contribute towards a potential for high capital appreciation.

      Commercial Real Estate usually involves Grade A properties that are often leased by Multinational Corporations, Banks, Warehouses, Factories, or Information Technology establishments with a considerable budget. Unlike residential tenants, such organisations do not tend to vacate the premises at short notice and leave the property owner in a bind. On the other hand, a rental lease for allocating commercial spaces is three years long or more. Therefore, one significant benefit of renting property to commercial organisations is that they pay the rent on time and set the entire area themselves according to their needs. In addition, considering that they use the property as an office, they put all their efforts into keeping the space organised and are more likely to renew their lease instead of looking to set up an office somewhere else. 

      Seeing a monthly deposit in the bank account and the constant increase in the market value of a property is resulting in many interested parties looking to invest in fractional shares of Commercial Real Estate. 

      Possible Approaches / Models of Fractional Ownership

      While you need to know the co-ownership agreement structure and the process as a first step towards buying a property, it is also important to know the different models offering several benefits. The first model is known as the ‘Pay-to-use’ model wherein the co-owners make a payment of a pre-agreed ‘usage fee’ for a daily or weekly usage. This usage fee, in addition to any other income through the rent for the property, is used to pay the expenditures of ownership. If the total income along with usage fees and rental income is collectively greater than the expenses, then the surplus amount is divisible among the property owners. Furthermore, the purchase price and the ownership of the property is divided on the basis of what every co-owner can afford, what their investment goals are, as well as any other criteria that the owners’ group collectively finds useful.

      The second model that is used to allocate usage rights is the ‘Usage Assignment’ model, wherein every owner is given the right to exclusively use the property for a certain period of days, weeks or even months within a year. The periods of such usage can be variable or fixed or even a combination of the two. Moreover, during every co-owner’s allocated period of use, the property can be used by the co-owner to be rented out, swapped, or even leave it unoccupied.

      Essentially, the types of usage as part of the fractional ownership model involves the different ways of sharing the benefits of the usage of the asset, the rights involved from every member, ensuring priority access, and providing those at reduced market rates. The only difference between fractional and timeshare ownership is that fractional ownership is where the investor gets to own a part of the property instead of units of time. This means if the asset grows in its value, the benefits and surplus shared by the co-owners increase as well.

      Does Fractional Property Investment Support Liquidity?

      Fractional Property Investment
      Money Bag and graph with positive slope

      The process of converting an asset into cash without harming its market price is called liquidity. When looking to invest, liquidity is a rather important concept that is equally beneficial for companies and investors. Technically speaking, cash is the most liquid asset as currency in any form can be used in transactions. Generally, rare metals are considered more fluid, and commercial properties are deemed illiquid assets.

      With the introduction of fractional ownership Commercial Real Estate can be easily liquidated by the part-owner. For example – if a person with fractional property investment wants to sell their share, they can quickly transfer their portion of the property to another willing investor. Also, note that exclusive ownership of property doesn’t allow the proprietor the same kind of freedom to switch between investments.

      Fractional Ownership Vs. Real Estate Investment Trust (REIT) – Which is More Beneficial?

      Fractional Ownership Vs. Real Estate Investment Trust
      Graph of Commercial Real Estate

      Investment and risk go hand in hand. There’s no way to ensure that your investment will carry zero risks over a while and will guarantee big bucks to fill your pockets. However, you can always study the market, look at the current trends and take expert advice on how the real estate world might look in upcoming years. At present, Commercial Real Estate is in high demand considering its ever-increasing market value. However, CRE has limitations, like the huge capital amount that retail investors cannot afford. As a result, CREs were fair play for High Networth Individuals (HNI) only. 

      But with the introduction of concepts like REITs and fractional ownership, an average citizen can purchase a part of CRE and gain monetary benefits generated by monthly rental income or the interest generated on the security deposit amount. But how does REIT vs fractional ownership compare?

      REIT (Real Estate Investment Trust) is a lot like mutual funds. Just like mutual funds pool the money and make investments like government bonds, direct equity, stocks, etc., REITs pool money to invest in profitable real estate on your behalf. Such properties are leased out to business organisations, through which the part-owner gets their share of the capital. But REITs do not allow you the freedom to pick the property to invest in. 

      Fractional real estate investing, on the other hand, happens with your choice. First, fractional ownership platforms list the CRE property that investors are welcome to check out. Then, based on the market price of each property, the minimum ticket size or fractional real estate investment is decided. Finally, based on the ticket amount, you can choose how many portions you want to own. One of the more ideal fractional ownership examples is to imagine if there are a total of 10 tickets available and you decide to purchase 2 of them, you now own 20% of the property and get your share of the money generated through it. 

      Fractional Ownership V/S Vacation Ownership

      Fractional owners must make arrangements with the property management companies to utilise the house for personal purposes. The amount of time fraction ownership may spend at the vacation home is subject to limitations set by each property or management business. Fractional owners are not compelled to use all of their allotted time themselves. They could allow their loved ones, friends, coworkers, and even staff to use some of their time. Fractional owners may lease their unused time to other owners or make it available to non-owner third parties by informing the property managers in advance.

      Differences Between REIT and Fractional Ownership

       Fractional Ownership
      Team doing research
      • Fractional ownership allows you to diversify and invest in multiple properties in different locations. REITs present a set portfolio with a fixed number of assets in it.
      • Fractional ownership allows liquidity, and you are free to sell your share whenever you want. REITs cannot be transferred or sold as per the investor’s choice.
      • There’s no minimum value set for investing in CRE via fractional ownership. REITs have a minimum value of Rs 500 crore, which ultimately reduces the options of property.
      • Fractional ownership can undertake properties that are under construction or not in use presently. According to SEBI guidelines, REITs must have at least 80% of their investment in income-generating properties. 

      Things to Keep in Mind Before Diving into Fractional Ownership

      Women discussing business

      Investing in CREs is considered a wise choice due to the high number of benefits, complete transparency, and safety. But there’s no substitute for experience when it comes to fractional ownership real estate investment. The factors mentioned below can help you make a better decision regarding CRE investments. 

      • Extensive market Research: Fractional ownership is a relatively new concept in India, and only a few start-ups provide the opportunity to invest in CREs. Most of these start-ups are run by successful investors. It is best to conduct your research and figure out the company with capable leaders and an extensive investor network. 
      • Get the best Deal: Searching for a property with the highest return on minimum investment is a fairly easy task compared to other factors like evaluating the current market price of that particular property. Experienced investors know to look for a deal where they do not pay more than the market price for a property. 
      • Check for customer-oriented solutions: Look for businesses or prop-tech firms that provide you with easy exit options and ensure maximum capital gains with a high yield in the long run.

      You must have heard the phrase – “the rich get richer and the poor get poorer.” This statement could be considered accurate for investment options in our country where promising opportunities like Commercial Real Estate (CRE) could only be afforded by High Networth Individuals (HNIs). At the same time, the retail investors could only dabble in high-risk share markets or low-return provident funds. However, with the introduction of fractional ownership, the CRE market has been democratised and can now reach the average citizen. Already prominent in most western countries, Singapore, Hong Kong, etc., fractional ownership is a new yet promising concept in India that allows multiple investors to come together, pool their money, and buy a CRE property. If you are looking to invest in CRE, reach out to professionals at the Financial Department of NoBroker who will advise you at a minimal cost. 

      FAQ’s

      Q1. Is fractional ownership a good option for investing in CRE?

      Ans. Yes, fractional ownership is a good option for investing in CRE compared to timeshares. As the market value for CRE keeps increasing, your share value keeps growing as well.

      Q2. Can you get a mortgage for fractional ownership?

      Ans. You can invest in fractional ownership by taking a mortgage but considering its low popularity in India, you might face some trouble finding a regional bank that will comply.

      Q3. What is the significant difference between REIT and fractional ownership?

      Ans. REIT does not allow the investor to use the money wherever wanted, while fractional ownership is more democratic and works according to the investor’s choice. 

      Q4. Does fractional property ownership apply for buildings under construction?

      Ans. Yes, fractional property ownership applies to buildings under construction and not in use presently.

      Q5. Can you own multiple shares in fractional ownership?

      Ans. You can purchase multiple tickets based on your budget and own the resulting percentage of CRE property.

      Occupancy Certificate: Meaning, Importance, Documents and More

      Occupancy Certificate: Meaning, Importance, Documents and More

      Stepping into another echelon of society, your home not only renders you with a sense of gratification but also security. But what if this security is not secure? Read more to find out about the Occupancy Certificate and how it can turn out to be a lifesaver. 

      Today, success is measured in many forms. One of the most relevant proofs of your achievement in real life is owning a house. A house is not only a personal safe space, but also a necessity and a crucial form of investment. Primarily for people who shift into their own place after filling someone else’s pockets with rent money each month, this step-in life can mean everything. To protect the existence of your dream home and to ensure that your life savings do not end up as a contribution to an illegal building project, the Occupancy Certificate is an imperative document that cannot be overlooked. The possession certificate itself does not legalize the occupancy of the house.

      We often hear about people getting evicted from their newly purchased apartment just because the builder never received the Occupancy Certificate. The matter often ends up as a legal dispute and the loss of hard-earned money and time is a tragic setback. To avoid being stuck in the loopholes of real estate law, make sure that the Occupancy Certificate is in your hands before moving in.

      Occupancy Certificate
      Occupancy Certificate

      What is an Occupancy Certificate?

      According to the Real Estate Regulation and Development Act, 2016, an Occupancy Certificate is defined as “the certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructures such as water, sanitation and electricity.”

      An OC is a legal document that authorizes the construction of the building in the eyes of the law. It certifies that the building plan is in accordance with the construction laws approved by the concerned authorities, and the place is fit to be occupied by people. An OC is issued by the local civic bodies of the relevant area. Without an Occupancy Certificate, a builder cannot guarantee basic civil amenities, and there is a high chance that the building is illegally formed, or is qualified under the category of land under construction.

      Occupancy Certificate
      Occupancy Certificate

      What is the Importance of an Occupancy Certificate?

      The Occupancy Certificate is a necessary legal document to authorize the safety of the building. Obtaining an Occupancy Certificate is important before moving into a place to eliminate the risk of lawful eviction and demolition. Without an OC, the municipal corporation does not supply the house with water, electricity, and sanitation connections. The building must also be deemed as ‘not a fire hazard’ to prevent any disasters in the future.

      The OC is also required while availing loans from banks or other financial organizations. Most importantly, one cannot resell the property at a good price without having an occupancy certificate first.

      Therefore, one must ensure you have an Occupancy Certificate before legally stating the property is your own.

      Occupancy Certificate Importance
      Occupancy Certificate Importance

      Documents Required to Obtain an OC

      To obtain an OC, a builder needs to submit a certain set of documents to the local authorities. Usually, the OC is delivered within 30 days. However, in case the builder does not provide the OC, the homeowner can reach out to the municipality and apply for one.

      Documents needed to apply for the Occupation Certificate are:

      • Project Commencement Certificate
      • Project Completion Certificate
      • No Objection Certificates for Fire and Pollution
      • Copy of the building’s sanctioned plan
      • Area computation sheet of the floor signed by an approved architect
      • Photographs of the building
      • Photographs of solar panel and rainwater harvesting (If applicable)

      After the required documents have been inspected and verified by the local authority, the Occupancy Certificate is granted.

      Documents Required For OC
      Documents Required For OC

      Difference Between Occupancy Certificate and Completion Certificate

      A Completion Certificate is issued by the authorities to state that the building is habitable and constructed according to the building plan approved by the municipal corporation. Whereas, the OC ensures that the building is legally constructed, follows the construction laws of the respective area, and is safe for the homeowner to move in. The occupancy certificate allows the builder to apply for various utilities.

      The Major Difference Between the Occupancy Certificate and the Completion Certificate are

      • The OC is issued by authorities to state that construction is in accordance with the building laws. The Completion Certificate is issued by the authorities to state that the place is habitable.
      • The builder obtains the OC after getting the Completion Certificate to apply for water, electricity and sanitation connections. The Completion Certificate is needed to offer possession of the building.

      However, both the Occupancy Certificate and the Completion Certificate are not required when applying for the registry of the house, but should still be obtained to eliminate the risk of future legal disputes, eviction, and demolition of the building.

      Occupancy Certificate and Completion Certificate
      Occupancy Certificate and Completion Certificate

      What is a Temporary Occupancy Certificate?

      A temporary or partial occupancy certificate is issued when the development of the project happens in various stages. After one phase is completely constructed and is safe to be occupied by homeowners, the authorities can issue a partial occupancy certificate. Partial Occupancy Certificates are subject to cancellation and must be replaced by Occupancy Certificates within the active time span of sanctioned plans. The concept of partial occupancy certificate was introduced to tackle the delay in the construction of large projects and to present evidence to buyers not being able to obtain Occupancy Certificate. However, a buyer will not be able to further sell the property just based on a partial occupancy certificate.

      How to Check the Status of an OC Online

      If the building project is registered under the Real Estate Regulation and Development Act (RERA), 2016, the status of the Occupancy Certificate can be monitored on the web portal of the relevant state’s RERA. RERA requires the builders to update the status of development of their building projects regularly. In case such information cannot be found on the web portal, the buyer is free to reach out to the local civic authorities.

      Check the status of an OC
      Check the status of an OC

      What if the Builder Refuses to Provide the OC?

      In case the builder has not provided you with an OC even after serving a notice, you are free to exercise your legal rights. The buyer must register a complaint in the consumer forum with the specified amount of the application fee. For projects that fall under the Real Estate Regulation and Development Act, 2016, homeowners can reach out to the authorities and file a complaint with an application fee of Rs.1000. The amount of the application fee may change in different states.

      Also, note that the possession of the OC for an independent house (Row house) is not compulsory.

      Refusal Of OC
      Refusal Of OC

      In the present era, the biggest sense of achievement in the form of investment lies in the ownership of your place. The sense of pride and security when the keys to your brand-new apartment or flat reach your hands is priceless. All the struggle in the world seems to be worth it and you expect a secure lifestyle moving further in life. But in some unfortunate cases, people have found themselves in legal turmoil after discovering that they were never given necessary legal documents like the Occupancy Certificate and have indirectly contributed all their money to a fraud building project. 

      To avoid getting caught in the crosshairs of the law, ensure the possession of the Occupancy Certificate before moving into your new home. In case the construction is in accordance with the relevant guidelines and there are no safety hazards, the Occupancy Certificate is granted. However, things might not be this simple always. If the construction of the building project is happening at a large scale and is divided into different phases, the authorities may issue the Partial Occupancy Certificate to save the homeowner from paying both rent and the EMI and let the builder give possession of the constructed part. In case the builder does not provide the Occupancy Certificate, the homeowner can pursue a legal course of action.

      If all the paperwork related to buying a new home gets too confusing for you, just contact NoBroker Legal Services. These experts deal with thousands of home purchases and know just what to look for and what you need. Click the link below to see how NoBroker can help you. 

      FAQ’s

      Q1. Can the homeowner file an FIR if the builder refuses to provide an OC?

      Ans. Yes, the homeowner can file an FIR under Section 405 of IPC if the builder does not provide the necessary legal documents or the Occupancy Certificate. In case the Police decline to file an FIR, the homeowner can go to court under Section 156(3) of the Indian Penal Code.

      Q2. Can the builder ask for complete payment before providing the Occupancy Certificate?

      Ans. According to the Real Estate (Regulation and Development) Act, 2016, the builder can ask for some specified chunk of the payment before giving the Occupancy Certificate. The developer or builder cannot force the homebuyer to make the complete payment.

      Q3. Why is the OC required?

      Ans. The Occupancy Certificate is required to file for home loans from a bank or any other financial institution. The Occupancy Certificate must also be submitted for water, electricity and sanitary connections from the municipal corporation.

      Q4. What are the conditions under which a builder can be denied possession of the Occupancy Certificate?

      Ans. a. When the builder has not received NOCs from the fire and pollution authorities.
      b. When the builder fails to produce a commencement or completion certificate of the building project.
      c. When the builder has not deposited the property tax.
      d. The constructed building is not in accordance with the approved plans or layouts.

      Section 80GG of the Income Tax Act: Meaning, Eligible Amount and Process 2024

      Section 80GG of the Income Tax Act: Meaning, Eligible Amount and Process 2024

      According to statistics, around 28% of India contributes to the rental housing market. Some of them receive the expenses incurred as an additional part of their salary while others do not.

      Paying the rent out of your own pocket can be quite tough when there is no HRA allotted. In such cases, a taxpayer looks for a reprieve from the hefty taxes. Section 80GG is that reprieve. However, there are a lot of conditions applied and quite a bit of mathematics involved in the actual process. To grasp it all might be a bit confusing unless you are a student of law. This article will give you an insight into section 80GG of the Income Tax Act, 1961. Keep on reading to know more about it.

      When you reside on rented property and do not receive any HRA, Section 80GG of the Income Tax Act, 1961 allows a specified amount of tax deduction given that certain conditions are fulfilled. HRA stands for House Rent Allowance and is paid by the employer to provide the employee with the expenses of rented accommodation. However, some self-employed or salaried people do not get HRA as a part of their income and are eligible to claim benefits under Section 80gg of the Income Tax Act, 1961. To be eligible for tax exemption under section 80gg, the employee, his/her spouse, minor child, or any other member of the Hindu Undivided Family (HUF) must not own any residential property. 

      What is Section 80GG of the Income Tax Act?

      Section 80GG is a provision under Chapter VI-A of the Income Tax Act, 1961. If you are paying rent out of your own pocket and do not receive HRA as a part of your salary package, section 80gg allows a certain amount of tax deduction on the yearly returns filed. It is for people who are certified salary workers or self-employed under the eyes of the government. The tax deduction can be claimed by submitting form 10BA of the income tax act.

      However, section 80GG is applicable only when the person claiming tax deduction is an individual or a part of HUF (Hindu Undivided Family) that does not own any residential property. It is not applicable to business institutions of any kind. The maximum amount of tax reprieve is Rs. 60,000 per year.

      Income Tax Act
      Income Tax Act

      80GG deduction: If HRA is not part of your salary package

      Even if HRA (home rent allowance) is not included in your compensation package, you can claim income tax deductions for the rent you pay. Under sec 80gg of the Income Tax Act and Internal Revenue Code, you can show the rent pay deduction each month. If HRA is included in one’s salary package, a tax benefit under Section 10 can be claimed (13A). You can also ask your employee for detailed information on house rent deduction in the income tax section.

      How to Claim a Tax Deduction if HRA is part of your Salary Package?

      House Rent Allowance is a part of your salary paid by the employer and is not entirely taxable. If you live on rented premises and receive HRA, Section 10 (13A) of the Income-tax Act, 1961 permits a certain amount of tax reprieve from the total income itself. However, self-employed people are not eligible for this tax deduction. Unlike Section 80GG’s upper limit of Rs. 60,000, there is no fixed amount of maximum tax deduction in this case. 

      In case the employee pays rent to his/her parents, the tax deduction is permissible as long as the amount paid is a part of the parent’s annual income and is shown under yearly tax returns. However, a married person cannot pay rent to his/her partner. 

      Yearly tax exempted under Section 10 (13A) of the Income-tax Act, 1961 is the minimum amount of the following values:

      a. Actual House Rent Allowance received by the employee as part of the salary package.

      b. 50% of the salary if the employee resides in a metro city. 40% for the non-metro cities.

      c. Excess of rent paid yearly over 10% of the yearly salary.

      HRA tax deductions can be availed when the employee submits the duly signed and stamped rent receipts, or the annual rent agreement formed with the landlord. Along with that, extra information like the house owner’s name, address and the period of stay must be mentioned.

      Eligible Amount of Deduction Under 80GG

      The lowest of these will be used to calculate the 80gg deduction for this section-

      • ₹5,000 per month
      • Long-term capital gains, short-term capital gains under section 111A, income under section 115A or 115D, and deductions under 80C to 80U make up 25% of total income. In addition, income is before the deduction under 80GG Income Tax).
      • 10% of income less actual rent

      80gg calculation of Tax

      Listed below is an example of how deductions under 80gg income tax work –

      Ramesh earns 5 lakhs per year (after all deductions) and lives in rented housing for which he receives no housing rent assistance. Ramesh pays a rent of Rs 1.5 lakhs per year. The deduction in this scenario would be the least of the following:

      • Condition 1: A monthly rental cap of Rs 5000, or Rs 60,000 annually.
      • Condition 2: Rent paid (1.5 lakhs minus 50,000 (10% of annual income) Equals 1 lakh.
      • Condition 3: 25% of total annual income equals ₹1.25 lakh.

      Ramesh would only be eligible for assistance under Condition 1 in the scenario above because it is the smallest amount.

      Claim a Tax Deduction
      Claim a Tax Deduction

      What Conditions do you have to Fulfil to Claim a Rebate Under Section 80GG?

      Following conditions must be fulfilled to claim a rebate under Section 80GG

      1. The individual claiming tax deduction must be a salaried employee or a self-employed person under the eyes of the law.
      2. House Rent Allowance (HRA) must not be a part of the Cost to Company (CTC).
      3. Business organizations cannot claim tax exemption for their rental expenditure. The assessee must be an individual or a part of the Hindu Undivided Family (HUF).
      4.  If the annual rent expenditure is more than Rs. 1 Lakh, the assessee must submit the PAN card of the landlord of the residential property in question.
      5. The tax deduction can be claimed regardless of the state of the property i.e., for an unfurnished, semi-furnished or fully furnished house.
      6. The assessed must submit the form 10BA to the required authorities claiming that there are no benefits claimed from a self-occupied property on a house in the same or any other area.
      7. If the employee has experienced any change in his/her job or salary package over the past year and has claimed HRA for any given time interval in the year of assessment, tax deduction under Section 80GG will not be applicable.

      Make sure all these conditions are fulfilled before you submit the form 10BA to avoid a visit from the officials of the Income Tax Department.

      How to Calculate Tax Deduction Under Section 80GG?

      Tax deductions under Section 80GG of the Income Tax Act, 1961 are based on Tax Rule 2A. 

      a. Rs. 5000 per month or Rs. 60,000 per year.

      b. 25% of the adjusted gross total income.

      c. 10% of total income deducted from the actual rent paid.

      [ Adjusted total income = Gross total income – Deduction’s u/s 80C to 80U (except section 80GG) – Short term capital gains under section 111A – Long term capital gains – Income covered within the sections 115A, 115AB, 115AC, 115AD and 115D.]

      After calculating the above mentioned 3 different figures, one with the least value is the final amount of tax deducted.

      For example – If person A earns Rs. 5 Lakhs per annum as the adjusted income and rents a house for Rs. 2 Lakhs. A does not receive any House Rent Allowance. In this case, the amount of tax exempted would be least of –

      a. Fixed amount of Rs. 60,000 per annum

      b. 25% of the adjusted annual income = Rs. 1.25 Lakh.

      c. Rent paid – 10% of income = Rs. 1.5 Lakh.

      Here the least amount is in accordance with the condition a i.e., Rs. 60,000.

      Calculate Tax Deduction
      Calculate Tax Deduction

      What Information do You need to Fill in to Claim HRA?

      In the form 10BA, the information needed to be filled by the assessee to claim tax deduction under the section 80GG is –

      1. Assessee’s name and PAN.
      2. Address of the rental property where the taxpayer is residing with the postal code.
      3. Amount of rent paid as per agreement and the mode of payment (cash, bank deposit etc.).
      4. Duration of residency in months
      5. Name and address of the house owner.
      6. PAN of the house owner if the annual rent paid is more than Rs. 1 Lakh.
      7. A declaration that the assessee or his/her spouse do not own any residential property under their name or minor child’s name or any other member of HUF’s name.

      Form 10BA can be found in the tax offices, the HR department of any reputed institution or online.

      Claim HRA
      Claim HRA

      Exceptions under Section 80GG

      There are a few exceptions you should know about when it comes to Section 80GG. These are as follows: 

      • You are not allowed to claim a house rent deduction in case the house you own is where a business is operated or where you are employed
      • You are not allowed to claim any house rent deduction in case you are claiming the benefit for a self-occupied property located or rented out in another location than you are living in

      In case of HRA is excluded from your salary package

      You are allowed to claim any tax deductions against your home rent, even if HRA or House Rent Allowance is not included within your salary package. You can, however, go for claim tax deductions against the monthly rent you pay under Section 80 GG of the Income Tax Act. In case HRA is included within your salary package, you are allowed to go for a tax benefit claim under Section 10 (13A) of the Income Tax Act. Note that the HRA exemption under section 10 is eligible for 50% of your salary in case you live in an Indian metro city.

      Why is the Deduction Limit Under Section 80GG Low?

      The maximum amount of tax deduction possible under section 80GG is Rs. 60,000 per annum while there is no such upper limit for Section 10 (13A). Seems a bit unfair, doesn’t it? Housing rent is exponentially increasing throughout the country. For most people tax deducted is peanuts compared to the actual rent paid considering that the average rent in Tier-II and Tier-III cities is now as high as Rs. 15,000. However, there is a reason behind the maximum tax exemption under Section 80GG deduction is limited to Rs. 60,000. To change this upper limit, there needs to be an amendment in the tax law unlike Section 10(13A) where such changes could be made by passing notifications.

      How to Maximise Benefit Under Section 80GG?

      In case the assessee is living with his/her parents, a rental agreement could be signed between the two for a fixed amount. This enables the assessee to file for tax deduction under section 80GG. However, this rent paid must be shown in the annual income of parents and is taxable according to rules.

      Benefit Under Section 80GG
      Benefit Under Section 80GG

      Prices of property are skyrocketing daily, and it is hard for working-class people to purchase their own homes. Around 28% of Indian citizens live in rented properties and spend a good chunk of their earnings on residential rent. Especially in 2021 when some people are still working from home and some find themselves jobless due to the coronavirus outbreak. In such scenarios, paying the rent can turn out to be a nightmare if you are self-employed or do not get any living accommodations. To overcome this major issue, most the reputed organizations have started paying their employees with the House Rent Allowance (HRA) which is a part of Cost to Company (CTC). However, some salaried and self-employed workers still pay the rent out of their pocket. To provide them with some tax relief, The Income Tax Act, 1961 has specified a Section 80GG. Section 80GG states that the assessee can be allowed a maximum of Rs. 60,000 tax exemption if he/she is a salaried or self-employed worker who does not receive any HRA and does not live in a residential property owned by self/spouse/minor child or some other member of a Hindu Undivided Family (HUF). The assessee can claim a tax deduction by submitting the form 10BA to the appropriate authorities. To know more about Section 80GG and whether it can benefit you or not, contact NoBroker Legal Services by clicking below. The professionals will help you out by giving you the best possible information so that you save money and don’t face any legal issues.

      FAQ’s

      Q1. How to claim tax deduction under Section 80GG?

      Ans- Section 80GG of Income Tax Act,1961 is for salaried or self-employed workers who do not receive the House Rent Allowance (HRA) as a part of their income and live on rented premises. If you fulfil all the conditions to be eligible under Section 80GG, you can fill and submit form 10BA.

      Q2. Can I claim an HRA tax deduction under section 80GG if I own a house in some other city that is rented out?

      Ans- No, section 80GG is not applicable if you are receiving any benefits as a property owner.

      Q3. What is the maximum amount of tax deducted under Section 80GG of the Income Tax Act, 1961?

      Ans- The maximum amount of tax deducted under Section 80GG of the Income Tax Act, 1961 is Rs. 60,000.

      Q4. Can I claim any tax deduction if I receive House Rent Allowance?

      Ans- Yes, you can claim a tax deduction if you receive House Rent Allowance under section 10(13A) of the Income Tax Act, 1961.

      Q5. Why is there no upper limit for tax deduction under section 10(13A) just like Section 80GG?

      Ans- The upper limit in a tax deduction in Section 80GG can only be changed by the amendment of the tax law Whereas the changes in section 10(13A) can be passed by notifications.

      Q6. How is the Section 80GG tax deduction calculated?

      Ans- The tax deduction under section 80GG of The Income Tax Act, 1961 is the least value of the following –
       
      a. Rs. 60,000 per annum
      b. 25% of total adjusted salary
      c. 10% of the total income deducted from the actual rent paid.
      You can even find an 80gg calculator online to make the calculation easier.

      Succession Certificate: Fee, Documents, and Format

      Succession Certificate: Fee, Documents, and Format

      Have you heard of a Succession Certificate? Why is it needed? How much does a succession certificate cost? What is a Succession Certificate for a property? Don’t worry. As in this blog, we will cover everything you need to know about it. Legal matters can be quite daunting when we try to understand them. Even more so in the case when there’s no rulebook available that will simplify the facts and present them together. 

      When a person dies intestate (without a will), their assets are passed on to their legal heirs after the court has verified the legitimacy of ownership. A situation in which a deceased person who has not left behind a will or has left it for an illegitimate cause, is known as dying intestate. This means a will has not been prepared to establish the authority and authenticity of the successor of the deceased person. This is where a Succession Certificate comes into the picture to give the certificate holder the authority to take over the securities as well as debts of the deceased person. According to sections 380, 381 and 382 of the Indian Succession Act, 1925, a succession certificate holder can take hold of the assets of the deceased person along with the debts owed.

      Read: The Concept of Ancestral Property Acquisition Broken Down

      What is a Succession Certificate for Property?

      What is a Succession Certificate?
      Succession Certificate

      A succession certificate, as defined under the Indian Succession Act of 1925, is a legal document granted by Indian civil courts. It validates the legitimate claim of legal heirs when someone dies without a valid will. This certificate identifies the rightful successor to the deceased’s assets, such as Mutual Funds, Insurance, Pension, Bank Balances, and more. It empowers the holder to manage the deceased’s assets, settle debts, and ensure transfers even before the legal heir’s identification. Institutions might require this certificate as proof before processing transactions involving the deceased’s assets. It outlines assets, debts, securities, details of heirs, and their relationship to the deceased. However, it doesn’t apply to immovable properties.

      Some of the instances when succession certificate is required:

      • If an overseas citizen gets into a situation where a parent or close relative has died without passing on a will
      • Where you know that a property belongs to you but you need this document to prove it

      It is important here to know the difference between a Legal Heir Certificate and Succession Certificate as both are not the same, despite connoting something similar in the succession certificate meaning. While a legal heir of the deceased person can apply for a succession certificate for transferring electricity/telephone connections, bank accounts etc., it is not the same as a legal heir certificate, which is issued for the approval of family pensions or transfer of movable and immovable assets. We will cover more differences later in the blog. Let us now understand what the succession certificate procedure is like.

      Who issues the Succession Certificate?

      A succession certificate is issued by the District Judge of the appropriate jurisdiction, where the deceased person was living at the time of death. If the authority is unable to find such a place, jurisdiction is transferred to where assets of the deceased person could be found.

      What is the Procedure to Obtain a Succession Certificate? How To Get a Succession Certificate?

      Legal heirs wanting to claim ownership of the assets of the deceased person should file a petition. Succession certificate petition format be done in the authorized manner and submitted after verifying it in the civil court, under the relevant jurisdiction. A copy of the death certificate should also be attached along with the petition.

      Step 1 – Filing a Petition 

      Legal heirs wanting to claim ownership of the assets of the deceased person should file a petition. This should be done in the authorized format and submitted after verifying it in the civil court, under the relevant jurisdiction. A copy of the death certificate should also be attached along with the petition.

      The petition should mention the details written below clearly.

      1. Time, date and place of the death of the deceased person.
      2. Details of other legal relatives or heirs.
      3. Residence or details of properties of the deceased at the time of death within which Judge the jurisdiction falls under.
      4. Rights of petitioner 
      5. Absence of any impediment to the grant of certificate.
      6. Identification documents like Ration Cards or Passports.
      7. List of the debts or securities for which the certificate is applied for.
      8. No objection certificates from other legal heirs

      Step 2 – Submitting the Fees

      According to The Court Fees Act, 1870, a specific percentage of the value of the estate is imposed by the court. This value has to be paid by the petitioner in Judicial stamps. 

      Step 3 – Publishing of Notice in the Newspaper

      The court will now examine the petition and then make it public through a national newspaper. Along with that, the court will also notify all the other heirs and respondents. The notice gives a specific period of 45 days for anyone to raise objections against the petition with required documents to support their claim. 

      Step 4 – Granting the Certificate

      If no one claims ownership of the assets of the deceased person or raises objections within 45 days, the court then grants the succession certificate to the petitioner given that the authenticity of the claim is established.

      In the case of multiple petitioners, the court may issue a joint succession certificate. But for a single asset, only one certificate will be granted.

      Step 5 – Signing the Indemnity Bond

      In some cases, the judge may ask the petitioner to sign an Indemnity bond, to make sure that no losses occur due to the misuse of the granted succession certificate. Signing this bond might require the petitioner to present some kind of security to the court. 

      Succession Certificate

      What is the Fee for a Succession Certificate?

      According to The Court Fees Act, 1870, a specific amount has to be paid in the form of judicial stamps when the petition is filed. The succession certificate court fees are the specific percentage of the value of the estate that is imposed by the court. This specific percentage varies from one state to the other throughout the country. Normally, it is around 2-3% of the value of the estate.

      Read: Understanding a Coparcener and Property Rights in a Hindu Undivided Family

      What are the Documents Required for Succession Certificate?

      Before issuing a succession certificate, the court has to legally verify the ownership claimed by the petitioner. For the inspection of the petition, the court requires a certain set of documents that must be attached and verified beforehand.

      Documents Needed to Obtain a Succession Certificate are

      1. The time of the death of the deceased person.
      2. Address of the deceased person at the time of death.
      3. Details of properties of the deceased person.
      4. Complete details of the family of the deceased person.
      5. Complete details of all the legal heirs of the deceased person.
      6. No Objection Certificates from other legal heirs.
      7. Rights of the person petitioning for a succession certificate.
      8. Lists of assets, debts and securities of the deceased person.
      Succession Certificate

      The Validity of the Succession Certificate

      The Succession Certificate is valid everywhere in the country. In case the holder is a resident of some other country and has been granted a legal succession certificate by a government-appointed Indian representative, for that particular nation, the document must be stamped following the guidelines of the Court Fees Act, 1870.

      Rules Of Succession Certificate in India

      A succession certificate is a legal document that authorizes the heir of a deceased person to inherit and transfer their property to their name. The certificate is a valuable document that simplifies the process of inheritance and provides legal protection for the heirs. In this blog, we will discuss the Rules of Succession Certificate in India.

      When Is Succession Certificate Required?

      A succession certificate is required when there is no will, and the deceased person’s legal heirs want to inherit their property. The succession certificate in family law is necessary to transfer ownership of the property to the heirs. It is also required in case of disputes between family members regarding the property.

      Is Succession Certificate Required for Immovable Property?

      Yes, a succession certificate is required for immovable property like land, house, or any other immovable assets. The certificate is essential to transfer ownership of the property to the legal heirs.

      Succession Certificate Stamp Duty

      The stamp duty for a succession certificate varies from state to state. In most states, the stamp duty is a percentage of the value of the property. In some states, the stamp duty is fixed. It is essential to pay the stamp duty to get the certificate.

      Latest Insights on Succession Certificates in India

      • According to a report by the Indian Express, the Delhi High Court has recently held that a succession certificate is not necessary for the transfer of shares of a deceased person in a private limited company. (Source: Indian Express)
      • The Madras High Court has recently observed that a succession certificate is not required if the legal heirs of the deceased person are in agreement about the inheritance of the property. 

      A succession certificate is a valuable document that simplifies the process of inheritance and provides legal protection for the heirs. It is required for immovable property, and the stamp duty varies from state to state. NoBroker provides legal services that can help you obtain a succession certificate quickly and efficiently. Contact us today to learn more about our legal services.

      Succession Certificate format

      The Succession Certificate format essentially covers the petition no, date of the institution, date of the decision, name of petitioners, their address, and the issuance that the petitioner has been granted the authority for a specific purpose, for example, collecting debts on behalf of the deceased or change the electricity connection ownership. 

      CriteriaSuccession CertificateLegal Heir Certificate
      PurposeGrants power for transactions on behalf of the deceased. Allows takeover of assets/securities and debt payment.Identifies holder as the legal heir of the deceased.
      Issuing AuthorityDistrict court judgeMunicipality or Tehsildars
      SpecificationsLists assets, debts, securities, and relationship of the petitioner to the deceased.Lists all legal inheritors of the deceased.
      EffectDoesn’t guarantee the holder is the ultimate estate beneficiary.Holder is entitled to inherit the estate.
      Time RequiredMinimum of 45 days15-20 days
      Assets CoveredOnly movable propertiesAll kinds of properties
      How is a Succession Certificate Different from a Legal Heir Certificate

      Revocation of the Succession Certificate

      Succession Certificate can be revoked under the following circumstances – 

      1. If it is obtained fraudulently by deceiving the court.
      2. If the proceeding that took place to grant the certificate was proven defective or incomplete.
      3. If the allegation of succession made by the petitioner turns out to be false.
      4. The certificate is no longer useful or operative due to the circumstances.

      Succession laws are meticulously crafted to ensure the equitable distribution of a deceased individual’s responsibilities and assets. In the absence of a legal will, the court and the rightful heirs collaborate to settle the financial matters. Initiation of this process sees the rightful heir pursuing the Succession Certificate, a process that spans roughly 45 days from the moment a petition is submitted in court. Once the court confirms the heir’s legitimacy and resolves any disputes from other potential heirs, the District Judge issues the Succession Certificate. 

      This document empowers the heir to assume control of the deceased’s financial assets and obligations, ensuring that all outstanding debts are repaid to the relevant parties. If the process seems daunting, consider seeking guidance from professionals like NoBroker. They offer top-tier legal documentation services at competitive rates, ensuring a hassle-free and stress-free experience.  

      FAQ’s 

      Q1. How long does it usually take for the court to issue the succession certificate?

      Ans. The process of issuing the succession certificate usually takes 45 days after the petition has been filed. The court publishes the petition in the national newspaper and 45 days are given to raise any kind of objections. Post that duration, the judge can grant the succession certificate if the authenticity of the petitioner is proved.

      Q2. Does the succession certificate ensure that the holder will be the beneficiary of the estate?

      Ans. No. The succession certificate only gives the right to take hold of the assets, securities and debts of the deceased person. It does not apply for ownership over immovable properties.

      Q3. What happens when more than one petition is filed for the succession certificate?

      Ans. When more than one petition is filed, the court can grant a shared succession certificate. However, there’s only one succession certificate for a single asset.

      Q4. What is the cost of obtaining a succession certificate?

      Ans. A succession certificate cost is based on The Court Fees Act, 1870. The court imposes a specific percentage of the value of the estate as the fee. It states that the amount is to be paid in the form of judicial stamps. This percentage may vary from one state to another.

      Q5. What happens if some debts or securities are left out of the succession certificate?

      Ans. In case some debts or securities don’t get mentioned for some reason, the holder can file for extension or amendment as per Section 376. The amended certificate has the same value as the original certificate.

      Q6. Who issues the succession certificate?

      Ans. According to the Indian Succession Act, 1925, a district judge from a relevant jurisdiction can grant the succession certificate. 

      Q7. What is an application for a succession certificate? 

      Ans. An application for a succession certificate is a formal request made to a court of law to grant a certificate which authorizes the rightful heir to claim the deceased person’s assets and debts.

      Q8. Can I apply for a succession certificate online?

      Ans. Yes, you can apply for a succession certificate online in many jurisdictions. The process may vary by location, but it generally involves submitting an application, supporting documents, and paying the requisite fees through the designated online portal.

      Section 80EEA of the Income Tax Act for Home Loan

      Section 80EEA of the Income Tax Act for Home Loan

      Are you looking for an additional deduction under Section 80EEA or are you confused about what section 80EEA of income tax is about and what are the 80EEA exemptions? Don’t worry, we are here to answer all your questions and will make sure the meaning of section 80EEA is clear to you. Learn about the deductions, its eligibility and the conditions for availing the benefits under section 80EEA of the Income Tax act.

      Can Taxpayers Claim Deduction Under Section 80EEA in 2023?

      As of April 1, 2022, individuals who have been granted housing loans are no longer eligible to claim deductions under Section 80EEA. The benefits provided under this section were discontinued on March 31, 2022. Consequently, any housing loans sanctioned after this date will not qualify for the tax deduction benefits previously available under Section 80EEA. It is important for individuals to be aware of this change in order to make informed decisions regarding their housing loan applications.

      What is Section 80EEA of the Income Tax Act?

      In 2019, Section 80EEA of the Income Tax Act was introduced by Finance minister Nirmala Sitharaman in the Union Budget which aims to stimulate the ‘Housing for All by 2022’ program of the central government. This program offers additional tax benefits on the purchase of affordable homes. Section 80EEA of income tax was introduced to expand the benefits allowed under Section 80EE for low-cost housing. Deduction under 80EEA can be claimed by an individual until the repayment of the home loan.

      It is an additional deduction for an individual who pays interest on home loans. The HUF, AOP, BOI, partnership firm, or any other taxpayer is ineligible for the deduction under Section 80EEA.

      Section 80EEA of Income Tax
      Section 80EEA

      Provision of Deduction Under Section 80EEA

      Deduction Under Section 80EEA
      Deduction Under Section 80EEA

      Deduction under section 80EEA has a provision that home buyers can save up to Rs 1.50 lakhs per year in favour of the interest paid on home loans. This is in addition to the Rs 2 lakhs that the buyer already saves under section 24 (b) of the Income Tax Act. According to this section, in respect to the self-occupied property, for the interest on housing loan additional deduction sec 80EEA of up to the extent of Rs 2 lakhs. 

      Interest that is paid on any housing loan is allowed as a deduction to the extent of Rs 2 lakhs with respect to the self-occupied property. In order to provide further benefit, the section allows an additional deduction of Rs 1.5 lakhs for interest on a housing loan, for purchasing an affordable house up to Rs 45 lakhs in value. 

      Therefore, if a person wants to purchase an affordable house, he/ she will get an enhanced interest deduction of up to Rs 3.5 lakhs. All categories of buyers can claim deduction on home loan interest payments under Section 24(b). The rebate of Rs 1.50 lakhs against interest payment under Section 80EEA is over and above this limit.

      Eligibility to Claim Deductions Under Section 80EEA

      Eligibility to Claim Deductions
      Eligibility to Claim Deductions
      • Only first-time homebuyers are eligible to claim benefits under this law, as this section specifies that the borrower should not own any residential property at the time the home loan is granted. 
      • This deduction can be claimed against home loan interest payment, that too with the deduction 80EEA limit of Rs 1.50 lakhs per year for the eligible buyer.
      •  To be eligible the borrower’s home loans are to be sanctioned between April 1, 2019, and March 31, 2021, to claim these benefits.
      •  Only individual buyers are eligible to claim deductions under this section. The benefits cannot be claimed by companies, Hindu undivided families, and so on. 
      • The buyer should apply for a home loan from a financial institution (sources such as banks housing finance companies) and not from any family members or any other relatives or friends.
      • To be eligible to get the deduction, the stamp value of the property should not be more than Rs 45 lakhs.
      • Buyers of residential house property can claim the benefit of an 80EEA deduction. It is specified in the law that the loan must be borrowed for the purpose of buying the property and not for reconstruction, repair, maintenance, etc.
      • If any buyer is claiming any kind of deductions under Section 80EE, then he/ she will not be able to claim the deductions under Section 80EEA.
      • It has been interpreted by tax experts that even non-residents (NRIs) can claim 80EEA deductions as there is no law which specifies that whether a first-time buyer has to be a resident Indian to claim the deduction.

      Conditions for Claiming Deduction Under Section 80EEA

      Deduction Under 80EEA
      Claiming Deduction Under 80EEA

      According to section 80EEA of income tax, the first and most important condition for deduction is that the taxpayer should be a first-time homebuyer and the taxpayer should not own any residential house or property as on the date of the sanction of the loan.

      There are some points with regards to conditions based on the carpet area of the house. According to the Finance Bill, if the house is located in any metropolitan city of Bengaluru, Chennai, Delhi National Capital Region (limited to Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, Faridabad), Hyderabad, Kolkata, and Mumbai (the whole of Mumbai Metropolitan Region), it’s size should not more than 645 sq. ft or 60 sq. meters. For units in any other city, its size should be limited to 968 sq. ft or 90 sq. meters.

      Read: Everything You Need to Know About Income Tax Benefits on Home Loans

      The stamp duty value of the house property should not be more than Rs 45 lakhs to get the deduction.

      For claiming the deduction under Section 80EEA, the section does not specify that the property must be self-occupied, to seek the tax break. This also allows the buyers who are currently living in any rented accommodations to claim deductions while also claiming the HRA benefits under Section 80GG.

       In the case of the joint owners, they can both claim Rs 1.50 lakh each as deductions under this Section, all the conditions should meet and the conditions must be laid down properly.

      Who can claim for Deduction?

      The income tax deduction on home loan interest 80EEA is only available to those who are purchasing their first house. One must keep in mind that in order to qualify for a home loan, the applicant cannot currently own any residential real estate.

      Can NRI claim Deduction Under Section 80EEA?

      Whether or not one must be an Indian resident is not specified in the statute. As a result, non-residents can also claim deductions under Section 80EEA of the Income Tax Act, according to tax experts.

      Provisions for First Time Buyers

      First-time house purchasers are those who do not currently own any real estate at the time they apply for a loan. Even if the concerned person’s parents own property, every household headed by a working adult can be regarded as a separate one.

      Can Co-owners Claim Deduction Under Section 80EEA?

      Each co-owner or joint borrower may claim a 80 EEA maximum limit deduction of Rs. 1.5 Lakh under Section 80 EEA in the matter at hand. Each of them must, however, satisfy all the requirements.

      Difference between Section 80EEA and Section 24(b)

      Homebuyers can claim income tax deductions under both, Section 24(b) and Section 80EEA, and they can enhance their total non-taxable income to Rs 3.50 lakhs if they meet the eligibility criteria. However, the deductions under Section 80EEA can only be claimed after exhausting the Rs 2-lakh limit specified under Section 24(b).

      The major differences between both the sections are:

      Section 24(b)Section 80EEA
      PossessionPossession of property is requiredPossession of property is not required
      Loan SourceBanks or any other personal sourceLoan source must be from a bank
      DeductionRs 2 lakhs or entire interestRs 1.50 lakhs
      Property ValueNo specificationMaximum property value should not exceed Rs 45 lakhs
      Loan PeriodLoan period should start after April 1, 1999Loan period should be between April 1, 2019, to March 31, 2022
      EligibilityAll kinds of home buyersFirst-time individual homebuyers

      Difference between Section 80EEA and Section 80EE

      The first-time buyers claiming the deductions under Section 80EE cannot claim the deductions under Section 80EEA of the income tax act. This point is specifically mentioned in the law. The major differences between both sections are mentioned below.

      Section 80EESection 80EEA
      Property ValueMaximum of Rs. 50 lakhsMaximum of Rs. 45 lakhs
      Loan AmountUp to Rs. 35 lakhsNot specified
      Loan PeriodApril 1, 2016, to March 31, 2017April 1, 2019, to March 31, 2021
      Maximum RebateRs. 50,000Rs. 1.50 lakhs
      Lock-in PeriodNo specific requirementNo specific requirement

      80 EEA Income Tax Act: Key Points to Remember

      Although this deduction is technically accessible until March 2022, if you match the qualifying requirements, you may still be able to claim it at any time during the loan’s term.

      If you are the only earner in a family, you may be treated as a separate household under the PMAY rules and regulations. Furthermore, if you want to purchase a home on your own and are financially independent but not married, you will be regarded as having a separate household. As a result, you are now qualified to use the section 80EEA income tax act’s deductions for your first home acquisition.

      As a result, under Section 80EEA of the Income Tax Act, a first-time house buyer is eligible for a tax break of up to Rs. 1.5 lakh. This new law stimulates the expansion of the real estate market by piquing investors’ first interest in purchasers.

      Which Cities would the 80 EEA Income Tax Act be Applicable in?

      Bangalore, Delhi, Chennai, Faridabad, Greater Noida, Ghaziabad, Hyderabad, Gurugram, Kolkata, Noida, and Mumbai are among the metropolitan areas that qualify for tax deductions through 80EEA interest on housing loan. Until your house loan is fully paid off, you may claim deductions. You may only claim a deduction once each year.

      The Maximum Deduction Under Section 80EEA

      If you’re still wondering how much you can save in total with income tax section 80EEA, then here is the answer – Rs 1.5 lakh per year.

      This Rs.1.50 lakh is towards the interest paid on home loans, in addition to the 2 lakhs that you will save with the help of Section 24 (b).

      According to finance minister Nirmala Sitharaman, those of you who have purchased affordable housing (houses below Rs.45 lakhs) can now save a total of Rs.3.5 lakhs on interest deductions. The breakup is Rs 2 lakhs under 24B (can be claimed by all buyer categories not just affordable homes category) and Rs.1.5 lakh under 80EEA.

      Post your questions below and we will try to help you find the right answers. If you’re still looking for a home loan, or need help with the process, let the experts at NoBroker help you. You also get a hassle-free experience as a dedicated loan manager serving you full time. NoBroker loans are also fast, you can avail of a home loan with quick loan disbursement in about 72 hours! This is the best part of NoBroker loans. Click the link below and get your home loan at the best rates. 

      Post your questions below and we will try to help you find the right answers. If you’re still looking for a home loan, or need help with the process, let the experts at NoBroker help you.  You also get a hassle-free experience as a dedicated loan manager serving you full time. NoBroker loans are also fast, you can avail of a home loan with quick loan disbursement in about 72 hours! This is the best part of NoBroker loans. Click the link below and get your home loan at the best rates.

      FAQ’s

      1. When did Section 80EEA come into existence?

      Section 80EEA was introduced in the Union Budget 2019. In the Union Budget of the year 2020, its cover was increased for another year to March 2021.

      2. What is the deduction limit under Section 80EEA of Income Tax Act?

      Under this section, first-time homebuyers can claim a tax deduction of Rs 1.50 lakhs in a year against the home loan interest payment.

      3. Who is eligible for tax deductions under Section 80EEA of the Income tax act?

      Under this section, only first-time homebuyers can claim deductions. 
      In case, the loan has been taken from a bank or housing finance company, then they should be eligible for deduction. 
      The stamp duty value of the property should not be more than Rs.45 lakhs. 
      The individual should not claim deductions under Section 80EE as well.

      4. What should be the maximum value of the house, to avail of the benefits under Section 80EEA?

      The stamp duty value of the property should not be more than Rs.45 lakhs to get the deduction under this section.

      5. Can an individual claim deduction under Sections 24(b) and Section 80EEA simultaneously?

      The homebuyers can claim the deductions under both these sections and enhance their total non-taxable income up to Rs 3.50 lakhs only if they meet the eligibility criterion. However, the deductions under Section 80EEA can only be claimed after exhausting the limit of Rs 2 lakhs under Section 24(b).

      Encumbrance Certificate: Types, Documents Required and Uses

      Encumbrance Certificate: Types, Documents Required and Uses

      Hello there! Are you looking towards purchasing a property? Well, of course, you would not want to invest your money in a property to, later on, find out all the legal and financial crises that property has brought along in your life. Properties that you are willing to buy may have a loan on them or have been registered against individual loans with the banks. You might end up in legalities if you purchase a property, without checking for these issues. And, of course, we know how tedious it is to get tied up in such scenarios. To avoid such a case, you are looking for the encumbrance certificate of the property.

      You might also need an Encumbrance Certificate if you want to get involved with loans and banks. Whether you want your bank to pay a loan for you to buy a particular property, or if you wish your bank to sanction your loan against your existing property, you still need this document. But, don’t worry; we are here to tell you all you need to know about the encumbrance certificate to wipe that blank look off your face.

      What is an Encumbrance Certificate?

      What is an Encumbrance Certificate
      Encumbrance Certificate

      If you wish to know whether the property is free from any financial and legal issues, all you need to do is find out about that property’s encumbrance certification. An encumbrance certificate means a legally issued paper or document of a property which states that it is under no financial and legal liabilities. Apart from this, it also shows you the property status and the total number and details of its past owners. It also states the transfer of ownership in the past times and all the mortgage bindings of the property. Properties against which the mortgage isn’t completed, cannot obtain the EC. Apart from this, an EC is a required document if you are looking forward to applying loan to buy that property, or if you want to use the loan on your existing property. It is also viewed in the panchayat office if the property owner has not paid land tax to the government in the past three years.

      Why is an Encumbrance Certificate Required?

      An Encumbrance Certificate (EC) is a crucial document used as evidence of free title/possession of a property. The document is needed while purchasing or selling a property or when applying for a home loan or loan against property to confirm that the particular property is free of any economic or legal liabilities.

      Types of Encumbrance Certificates

      There are many types of encumbrances, but four of the most common are easements, deed restrictions, encroachments, and liens.

      1. Lien

      A lien is the most common type of encumbrance, and it can be placed on a property to receive a financial obligation from the homeowner, i.e., a mortgage. The lien remains on the property until the mortgage is fully paid. It can also include tax liens for unpaid taxes.

      Additionally, a contractor can obtain a lien when they have not received payment for repairs done to the property. If the lien is not satisfied, it can lead to the foreclosure of the house, with the proceeds of the sale going toward the payment of the owner’s debts.

      2. Deed Restriction

      A deed restriction places a restriction on what can be done to the property. It is also known as a restrictive covenant. The restriction can be anything from banning placing a satellite on the roof to designating where cars can be parked. It can also limit the construction of anything on the land.

      Deed restrictions help create a standard for what the property can be used for and are often used to protect the value of the property. The restrictions are usually placed on properties with historical significance.

      3. Easement

      An easement gives a person or entity the right to use the property even though they don’t own it. For example, a utility company might obtain an easement to place power grids on a farmer’s property. A common easement is one that allows the owner of an adjacent property to use the driveway of another property for access.

      Another common easement is one that exists when a common walkway to the beach cuts through one owner’s property. The easement is on the land, not the property itself.

      4. Encroachment

      An encroachment exists when a section of one property extends over to an adjacent property. This can include, for example, a fence that is built along with the adjacent property or a tree branch that hangs over a neighbouring property. Usually, the property owner encroached upon will want the encroachment to be removed, as an encroachment often makes it harder to transfer their property title to a new owner.

      How to Apply for an Encumbrance Certificate

      How to apply for an Encumbrance Certificate
      Encumbrance Certificate

      Much like applying for most other official documents, there are two ways to apply for an Encumbrance Certificate also. The two ways are offline and online.

      How to Apply for an Encumbrance Certificate Offline

      If you wish to apply for an Encumbrance Certificate offline, then you can do it easily with application number 22 in the chambers of a sub-registrar. Most states follow this method and work with handwritten documents. While applying for this document, the applicant also needs to provide all his or her self-attested copies of their records, such as the address proof, papers of the property, registration papers, etc. You also need to attach all the relevant documents required of the property, in terms of any exchange or deed. The property registration papers of the property are to be attached.

      Also, you should know that the processing fee to apply for an encumbrance certificate varies from state to state. It would be best if you also remembered that it is only valid for a specific time and needs to be revised and updated every few years, as its tenure gets over while you apply for an Encumbrance Certificate. If you have missed over updating your property’s EC or are now making an EC of your property, you would first be needed to avail the NEC, Nil Encumbrance Certificate. Nil Encumbrance Certificate is a document stating your property’s position in the gap period between two Encumbrance Certificates.

      What are the uses of an Encumbrance Certificate?

      The following circumstances, in general, necessitate the use of an encumbrance certificate:

      EC for purchase: A non-encumbrance certificate is necessary when purchasing a home to demonstrate that you are dealing with the correct party and that the property is free and clear of all liens.

      EC for sale: If an individual chooses to sell their property, they are required to show the encumbrance certificate along with all other relevant documents to the potential buyer. To obtain the certificate, the seller must apply for it and get it from the government’s files.

      Use EC for property mutation: After purchasing the property, the owner must use property mutation to officially document the ownership transfer.

      Encumbrance certificate for loans: Before approving your application for a home loan to buy a home, banks frequently require an encumbrance certificate.

      EC for the elimination of PF: Your employer will request the EC if you utilise your provident fund to put a down payment on a home.

      What is the Process to Apply for Encumbrance Certificate Online?

      If you prefer the convenience of applying for an EC online you can do so only in the following states as of now –

      • Gujarat
      • Andhra Pradesh
      • Telangana
      • Karnataka
      • Tamil Nadu
      • Puducherry
      • Kerala
      • Odisha

      If you’re applying for an Encumbrance Certificate in any of these states, then you will need to start the application process by going to the respective state website first. For example, we will show you the process of applying for an EC online in Karnataka.

      1. Visit – https://kaverionline.karnataka.gov.in
      2. Create an account or by clicking on ‘Register as New User’
      3. Fill in the registration form and submit it by clicking on ‘Register’
      4. Use the activation code to log in (this will be sent to your email address and mobile number) and click ‘Activate’
      5. Login and change the password
      6. Click on the ‘Services’ tab and select ‘Online EC’
      7. Select the property registration year (details post-2003 only are available)
      8. Fill in the required property details and when you have checked it and it is correct, click on ‘Send OTP to View Document’
      9. When you receive the OTP enter the same and then view the document or download it.

      This Encumbrance Certificate is not attested and is hence free. If you require an attested copy then you will need to click on ‘Check to apply for digitally signed EC’ and click on ‘View Document’. A PDF document will open, at the bottom of this document you will find a tab saying ‘Proceed’. Click on it and download it, after this, you will have to make the required payment. After successful payment you will get a payment receipt, then you must click on ‘Refresh Payment Status’. Post this, your EC online application can be found in the ‘Pending/Saved Application’ section. Once the request has been received by the right authorities, it will be digitally signed.

      How to Check the Status of an Encumbrance Certificate?

      Status of an Encumbrance Certificate
      Encumbrance Certificate Status

      In most Indian states, application for an Encumbrance Certificate has been taken over to EC online means by the state government websites. Applicants can easily log in on the state website and check the status of their property’s Encumbrance Certificate Status, without any hassles. It takes a maximum of thirty days typically to get approved. Once it has been approved, it can be easily downloaded from the site. However, suppose it has exceeded the duration. In that case, you can quickly contact them for help via the number provided on the website or write an application to them over mail with the mail address provided.

      Documents Required for Obtaining Encumbrance Certificate

      • Application form
      • Attested copy of address proof
      • A photocopy of any previously executed deed of the said property such as sale deeds, gift deeds, partition deeds, release deeds, etc.
      • Details about the property and its title details
      • The registered deed number, date, book number, volume/ CD number, and signature of the applicant should be affixed with it.
      • Period for which the EC is required
      • The purpose for which the EC is applied for
      • Copy of Power of Attorney, in case of application, is made by the attorney holder
      • Aadhar card
      • Property card if available

      Updating an Encumbrance Certificate: A Guide for Indian Homebuyers

      Encumbrance Certificate (EC) is an important document that proves the ownership of a property and its clear title. It is a must-have document for homebuyers looking to purchase a property, as it serves as evidence of the property’s transaction history and the absence of any legal liabilities or claims against the property. But what if you need to update your EC? Here’s a step-by-step guide on how to update an EC in India.

      An EC is usually valid for a period of 30 years and must be updated regularly to ensure that it reflects the current status of the property. Updating an EC is a straightforward process that involves obtaining a new certificate from the relevant authority and updating the property’s transaction history.

      Here are a few things to keep in mind while updating your EC:

      • Verify the ownership of the property
      • Ensure that all taxes and other liabilities have been paid
      • Check for any ongoing legal disputes
      • Get the latest copy of the EC
      • Update the transaction history of the property

      Get Your EC Up-to-date in a Jiffy with These Simple Steps

      Updating your EC is a breeze when you follow these simple steps:

      1. Verify the Ownership of the Property

      Check the latest property deed

      Obtain a No Objection Certificate (NOC) from the current owner

      1. Check for Any Liabilities

      Ensure that all taxes and other liabilities have been paid

      Get a receipt for the same

      1. Check for Any Legal Disputes

      Verify if there are any ongoing legal disputes related to the property

      1. Get the Latest EC

      Visit the relevant authority’s website (e.g., Karnataka, Bangalore Development Authority, etc.)

      Download the EC application form

      Fill in the required details

      Submit the form along with the necessary documents (property deed, NOC, receipts, etc.)

      1. Update the Transaction History of the Property

      Once the EC has been updated, ensure that the transaction history of the property reflects the latest information

      Make the EC Updating Process a Breeze

      Here’s a handy table to help you keep track of what you need to do while updating your EC:

      STEPTASKDOCUMENTS REQUIRED
      1Verify OwnershipProperty Deed, NOC
      2Check for LiabilitiesReceipts for Taxes and Other Liabilities
      3Check for Legal DisputesInformation on Ongoing Legal Disputes
      4Get the Latest ECEC Application Form, Filled in with Required Details
      5Update Transaction HistoryUpdated EC Reflecting the Latest Information
      • Verify the ownership of the property
      • Check the latest property deed
      • Obtain a No Objection Certificate (NOC) from the current owner
      • Check for any liabilities
      • Ensure that all taxes and other liabilities have been paid
      • Get a receipt for the same
      • Check for any legal disputes
      • Verify if there are any ongoing legal disputes related to the property
      • Get the latest EC
      • Visit the relevant authority’s website (e.g., Karnataka, Bangalore Development Authority, etc.)
      • Download the EC application form
      • Fill in the required details- Submit the form along with the necessary documents (property deed, NOC, receipts, etc.)
      • Update the transaction history of the property- Once the EC has been updated, ensure that the transaction history of the property reflects the latest information

      Updating an Encumbrance Certificate (EC) is an important task for homeowners and buyers in India, as it helps ensure that the property’s title is clear and free from any legal liabilities or claims. With the help of this guide, updating your EC has never been easier!

      But what if you need professional help with the EC updating process? That’s where NoBroker comes in! Our legal services team can help you navigate the complexities of the EC updating process and ensure that your property has a clear title. Get in touch with us today to learn more!

      Difference Between Encumbrance Certificate, Completion Certificate and Occupancy Certificate

      Purchasing a property is stressful, and the different legal documents usually cause buyers to get perplexed. The distinction between Encumbrance Certificate, Completion Certificate, and Occupancy Certificate is the one that people most frequently get wrong. For clarification on the crucial differences between the 3, see the following:

      Encumbrance Certificate (EC): A legal document that certifies a piece of property is unencumbered by debts or obligations is known as an encumbrance certificate.

      Completion Certificate (CC): A completion certificate, which is a legal document, is issued when a building is finished in accordance with the building plan and other specifications.

      Occupancy Certificate (OC): A legal document that certifies the building is now secure to enter is called an occupancy certificate. It is issued after receiving the CC.

      How to Download the EC Online?

      Encumbrance Certificate download
      EC Download Online

      All you need to check for this is to log in to the website. Then, you need to go to the section of the Encumbrance Certificate and enter your credentials. Once the status of your Encumbrance Certificate has been approved on the state website, you can easily download the document in the form of a printable pdf, on your device, and attach its printed copy with the records of your property. You might need to wait over fifteen to thirty days, as it takes this much time for your property’s EC status to be approved.

      You have already learned all you need to know about the encumbrance certificate. A paper issued by the Registrar states that your property has no liability in terms of legal and financial issues. It can be easily applied online as well and EC online takes about fifteen to thirty days to get approved. You can quickly check for the status of your application on the website itself. Not only this, but you can also download EC online onto your device very easily. It is essential to check for this certificate if you are planning to invest in a property. It not only tells you the legal and financial position of a property, but it also means you the history of ownership of the property. You might want to look at that as well.

      There is so much an Encumbrance Certificate can tell you about a property. Why wait now? Happy Investing! Looking to buy or sell a property? It’s time to trust the experts at NoBroker! Get an expert legal team to go over all your documents so that you don’t invest in a property that has legal issues. This could cost you plenty of time and money. Be smart and get the right team to help you with the whole process. Click the link below.

      FAQ’s

      Q1. What is the difference between an EC and an OC?

      Ans. EC is known as an Encumbrance Certificate, and OC is an Occupational Certificate. An OC states that the certificate or a document, declaring the occupational activity of the property. If any property holds an OC, it can be used in various means such as residential, commercial, etc. It states the accommodation activity of the property, and its safety to use. An Occupational Certificate cannot be obtained for properties that are under construction or not cleared by government agencies. 

      Q2. What is the difference between an EC and a CC?

      Ans. An EC is the Encumbrance Certificate, and a CC is a Completion Certificate. A completion certificate is a document which is issued by the municipal corporation of the area, in which the property is situated. Having a Completion Certificate means that the property is now constructed entirely, following all the guidelines of the municipal and the initial plan or blueprint of the property has been observed. A completion certificate doesn’t make the property fit to be used by people. It means that the construction of the property is completed as per the guidelines laid.

      Q3. Which states are currently issuing online EC?

      Ans. The states which are currently issuing the EC online are Gujarat, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Puducherry, Kerala, and Odisha. While the other states are actively working on speedily beginning the online services for the application of an Encumbrance Certificate, they are actively accepting the handwritten and signed copy by Registrar as a valid EC. 

      Q4. What are the charges to issue an EC?

      Ans. The charges to issue an encumbrance certificate depend on the number of years you publish the certificate. It usually ranges between two hundred rupees to five hundred rupees. Different states also have additional charges and different processing fees.

      Q5. When and why do I need an EC?

      Ans. An EC is a document that ensures that your property is free from any financial and legal issues. It is generally asked for, during the sale or purchase of a property. It is also needed to demand a loan to purchase the property or to ask for a loan against the property. 

      Q6 Which authority issues encumbrance certificates?

      Ans. If you are getting an encumbrance certificate offline, you will need to go to the Sub-Registrar’s Office. They are the authority in charge of issuing encumbrance certificates.

      Q7. What are the documents needed to get an encumbrance certificate?

      Ans. To apply for an encumbrance certificate you will need –
      • Application form
      • Address proof (attested)
      • Property and title deed details
      • The last or latest deed of the property (sale deeds, gift deeds, partition deeds, release deeds, etc.)
      • The time period for which the EC is required
      • The reason for applying for an EC
      • Aadhar card
      • Property card if available

      Q8. How many types of encumbrance certificates are there?

      Ans. There are two types of encumbrance certificates available –
      Form 15: If your property has encumbrances during the time period that you have asked for the certificate.
      Form 16: If your property has no encumbrances during the period for which you have requested in the certificate.

      Q9. How much time does it take to get an encumbrance certificate?

      Ans. If all the details that you have provided are correct, you could get an encumbrance certificate in about 2-3 working days.

      Q10. What is the period for which an encumbrance certificate can be taken?

      Ans. The maximum time period for which you can ask for an Encumbrance Certificate is for a period of 30 years.

      Pet Rules in Housing Society: Rights and Responsibility of Pet Owners

      Pet Rules in Housing Society: Rights and Responsibility of Pet Owners

      Recent times have witnessed a rise in the number of urban and nuclear households choosing to adopt domesticated pets like cats and dogs in their homes in crowded housing societies in urban areas. This article intends to shed light on the resolution of conflicts between animal lovers/pet owners vs. other members of housing societies in which pets are kept vis-à-vis the laws governing the same. While most pet owners consider their dogs and cats as family members, they also have to ensure that their domesticated pets don’t cause a nuisance/harassment to others in their Housing Societies or neighbourhood.

      Traditional Indian Society has always placed a high value on the compassionate treatment of animals. The father of the nation Mahatma Gandhi once said, “The greatness of a nation and its moral progress can be judged by the way its animals are treated.”

      What are the Pet Rules in Housing Societies?

      Many housing societies have made rules for pets in society to be followed by their members who house their pets in their homes in such societies which regulate the housing of pets or feeding of strays within the society premises. There are however a few housing societies that are controlled by misguided and tyrannical Office Bearers or vociferous society members who vehemently oppose the keeping of pets in the homes of its members as well as the feeding of strays in and/or around their housing societies. This often leads to conflicts between pet/animal lovers and those that are against animals in general and pets in their building

      Supreme Court Order on Pets in Apartments: The Supreme Court of India has even held and interpreted provisions of the Prevention of Cruelty Act and held that the “Right to live in a healthy and clean atmosphere and right to get protection from human beings against inflicting unnecessary pain or suffering is a right guaranteed to the animals” and our courts have championed this cause and upheld these in innumerable cases both reported as well as unreported. Animals’ well-being and welfare have been statutorily recognised under not just various laws but also in the Constitution of India itself.

      The Animal Welfare Board of India (AWBI) has even come out with a set of guidelines relating to pets as well as stray animals, however, these being guidelines are not mandatory and are not enforceable. While there are no specific laws dealing with the treatment of domesticated animals in housing societies, there are a number of laws in our legal framework that regulate and guide us in our treatment of animals, including Article 21 and Article 51 A (g) of the Constitution of India, The Indian Penal Code, Animal Birth Control Rules, Prevention of Cruelty to Animals Act, etc

      Our Constitution protects life and the word “Life” has been given an expanded definition by our Courts to mean and include any disturbance from the basic environment of all forms of life, including animal life, within the meaning of Article 21 of the Constitution. In one case our Supreme Court has held “Life” to mean something more than mere survival or existence or instrumental value for human beings, but to lead a life with some intrinsic worth, honour and dignity.

      • Under Clause (g) of Article 51A of the Constitution of India, it is the fundamental duty of every citizen of India “…to have compassion for living creatures” which means concern for their suffering, sympathy, kindness, etc.;
      • Under Clause (h) of Article 51A of the Constitution of India provides that it shall be the duty of every citizen to develop humanism which includes sensibility for other species;
      • The Uttarakhand High Court in a recent judgment declared animals to be juristic persons and were accorded the status of legal persons or entities by the court.
      • The Prevention of Cruelty to Animals Act (PCA) and the rights framed thereunder statutorily recognize Animals’ well-being and welfare as well. The right to dignity and fair treatment is not confined to human beings alone, but to animals as well. The right to get food and shelter is also a right guaranteed under the said Act.

      Temple Grandin and Catherine Johnson, in their work on “Animals in Translation” say the single worst thing you can do to an animal emotionally is to make it feel afraid.” The Supreme Court of India has even observed that “Animals also have a right against human beings not to be tortured and against the infliction of unnecessary pain or suffering.” What is alarming, albeit not surprising is that research studies and data compiled from the Humane Society and other sources on Domestic Violence and Child Abuse cases reveal that a staggering number of animals are targeted by those who abuse their children or spouses. One of our state’s High Courts even went on to declare that all animals have honour and dignity and are entitled to legal rights. Humans are guardians of the animal kingdom and hence responsible for their welfare and healthcare.

      Rules for Pet Dogs in Society

      Our Courts have observed that the penalty for contravention of these animal welfare and protection laws is often not commensurate with the gravity of the offence. The Consumer Court in Thane (Maharashtra) recently ruled in favour of a resident who complained that the Co-op Society in which he resided had passed a resolution preventing dogs from making use of the building’s lifts. In that specific case the society had claimed dog was not a consumer and its usage of the lift could result in the spread of diseases and hence they should be disallowed from using the society’s facilities. To this, the Court declared that the Complainant (owner) being a member of the Co-op housing society, was a consumer and he was well within his rights to bring his complaint before the Consumer Court and was eligible for getting compensation for the mental agony and harassment caused by the society.

      In another case, the Maharashtra State Consumer Disputes Redressal Forum in deciding a Complaint in favour of a person who was charged Rs. 500 per month for each of his dogs to use the lift in his building, The Forum held that pets being members of the modern, urban family no charge can be levied on him for the use of the lift for his dogs. The Forum observed that when several types of “outsiders” such as vegetable vendors, delivery men, etc. use the building infrastructure and the elevators/lifts in particular on a regular basis and held that the society’s decision to levy charges on residents’ pets for elevators/lifts usage was inappropriate. Not allowing pet owners to use the lift (especially, in cases of buildings having only one lift) with their pets, or other common amenities such as gardens and parks in the society, penalising the pet owners for the noise of any sort including barking, discriminating pet dogs on the basis of their breed and size have been held to be unjustified by our Courts.

      Even if the majority of the members of a Society want to ban/remove a pet owner or an adopted domesticated pet animal they cannot arbitrarily do so. Recently, a Housing Society had imposed a fine of Rs. 2,500 per day on an individual for feeding stray dogs inside the housing society premises. The Housing Society claimed that its premises were littered with dog poop and that the dogs were aggressive, barking at senior citizens and children and that several of its members had been attacked by female dogs after giving birth. They claimed that a majority of its society members had passed this resolution to levy fines for feeding dogs within the society premises. In this case, the Deputy Registrar of Housing Societies ordered the housing society to reverse its decision of fining its member for feeding stray dogs, and even asked the housing society to seek guidance from the AWBI as far as feeding stray animals was concerned.

      However, while there are laws in place to protect domesticated animals and animal lovers, there are also certain precautions a pet owner needs to take, such as mandatory vaccinations for their domesticated pets, cleaning up after their pets, disposing of their pets’ waste, keeping their pets on a leash in common areas such as gardens, passages and other such safeguards to prevent pets from attacking residents, especially children. Some cities have also even framed laws for licensing of pets. According to Mumbai Municipal Corporation Act 1888, Section 191A all the pet owners in Mumbai should have a valid license for their pet as a tax on pet owners is collected accordingly.

      Responsibilities of Pet Owners in Housing Societies

      The BAF (Bangalore Apartments Federation) advises keeping the rules and bylaws of an apartment complex straightforward when it comes to pet ownership. The following provisions on pet ownership could be found in an apartment association’s bylaws:

      Pet owners are required to keep their animals on a leash and in the company of the owner or caretaker while they are outside their home. If a resident’s pet accidentally relieves itself in a shared space, they are required to clean up the area right afterwards. Residents with pets must make sure that their animals receive routine vaccinations and follow all BBMP regulations.

      BAF advises against establishing any further regulations governing pet ownership in apartments.

      In conclusion, Interpretation of the prevailing laws does not just deal with pet owners and animal lovers but also provide for punishment to any persons obstructing or attempting to harm these pet/animals and/or their caretakers/guardians.

      Some Relevant Sections of Housing Society Rules for Pets

      Constitution of India

      • 21: No person shall be deprived of his life or personal liberty except according to procedure established by law.
      • 51A. It shall be the duty of every citizen of India – “(g) to protect and improve the natural environment including forests, lakes, rivers and wildlife, and to have compassion for living creatures.”

      The Indian Penal Code

      428: Mischief by killing or maiming animal of the value of ten rupees. Whoever commits mischief by killing, poisoning, maiming or rendering useless. +any animal or animals of the value of ten rupees or upwards shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

      429: Mischief by killing or maiming cattle, etc., of any value or any animal of the value of fifty rupees. Whoever commits mischief by killing, poisoning, maiming or rendering useless, any elephant, camel, horse, mule, buffalo, bull, cow or ox, whatever may be the value thereof, or any other animal of the value of fifty rupees or upwards, shall be punished with imprisonment of either description for a term which may extend to five years, or with fine, or with both.

      Animal Birth Control Rules 2001

      No sterilised dogs can be relocated from their area. If a dog is not sterilised, the housing society can ask an animal welfare organization to sterilise and vaccinate it, but they cannot relocate them.

      Pet Laws in India

      The advice is being given in accordance with “Section 9(k) Prevention of Cruelty to Animals Act, 1960,” which makes it illegal for housing societies to establish pet bye rules that forbid pets, even with the support of a majority of the society’s residents. Every citizen has a responsibility to have compassion for animals and all other living things, according to article 51 A (g).

      There may be no discrimination: A housing society cannot prohibit dogs or pets based on the breed or size of the animal. Even dog barking concerns cannot be used as justification for a pet prohibition.

      Use of common areas: A housing society cannot prohibit a pet from using common areas, such as elevators and parks, or charge a fine or additional fee for doing so.

      Cruelty is punishable: Dog harassment rules cannot be made by society. The “Prevention of Cruelty to Animals Act” makes it illegal to treat stray animals cruelly. Additionally, it is a crime that is sanctioned by Sections 428 and 429 of the Indian Penal Code.

      No resident may be prohibited from feeding stray dogs or cats in the neighbourhood.

      Animals protected by law: The “Prevention of Cruelty to Animals Act” prohibits the training or use of some animals, including bears, monkeys, and parakeets, for entertainment purposes. The majority of rodents and reptiles are likewise forbidden by this law.

      Prevention of Cruelty to Animals Act

      Section 3. Duties of persons having charge of animals: It shall be the duty of every person having the care or charge of any animal to take all reasonable measures to ensure the well-being of such animal and to prevent the infliction upon such animal of unnecessary pain or suffering.”

      Section 11. Treating animals cruelly:

      (1) If any person

      (a) beats, kicks, over-rides, over-drives, over-loads, tortures or otherwise treats any animal so as to subject it to unnecessary pain or suffering or causes or, being the owner permits, any animals to be so treated; or

      (b) 13 [employs in any work or labour or for any purpose any animal which, by reason of its age or any disease], infirmity, wound, sore or other cause, is unfit to be so employed or, being the owner, permits any such unfit animal to be so employed; or

      (c) wilfully and unreasonably administers any injurious drug or injurious substance to 14 [any animal] or wilfully and unreasonably causes or attempts to cause any such drug or substance to be taken by 14 [any animal]; or

      (d) conveys or carries, whether in or upon any vehicle or not, any animal in such a manner or position as to subject it to unnecessary pain or suffering; or

      (e) keeps or confines any animal in any cage or other receptacle which does not measure sufficiently in height, length and breadth to permit the animal a reasonable opportunity for movement; or

      g) being the owner, neglects to exercise or cause to be exercised reasonably any dog habitually chained up or kept in close confinement; or

      (h) being the owner of 15 [any animal], fails to provide such animal with sufficient food, drink or shelter; or

      (i) without reasonable cause, abandons any animal in circumstances which render it likely that it will suffer pain by reason of starvation or thirst; or

      (j) wilfully permits any animal, of which he is the owner to go at large in any street while the animal is affected with contagious or infectious disease or, without reasonable excuse permits any diseased or disabled animal, of which he is the owner, to die in any street; or

      (k) offers for sale or, without reasonable cause, has in his possession any animal which is suffering pain by reason of mutilation, starvation, thirst, overcrowding or other ill-treatment; or

      16 [(l) mutilates any animal or kills any animal (including stray dogs) by using the method of strychnine injections in the heart or in any other unnecessarily cruel manner; or;] 17 [m) solely with a view to providing entertainment

      (i) confines or causes to be confined any animal (including the tying of an animal as a bait in a tiger or other sanctuary) so as to make it an object of prey for any other animal; or

      (ii) incites any animal to fight or bait any other animal; or]

      (n) 18 [***] organises, keeps, uses or acts in the management of, any place for animal fighting or for the purpose of baiting any animal or permits or offers any place to be so used or receives money for the admission of any other person to any place kept or used for any such purposes; or

      (o) promotes or takes part in any shooting match or competition wherein animals are released from captivity for the purpose of such shooting; he shall be punishable, 19 [in the case of a first offence, with fine which shall not be less than ten rupees but which may extend to fifty rupees, and in the case of a second or subsequent offence committed within three years of the previous offence, with fine which shall not be less than twenty-five rupees but which may extend to one hundred rupees or with imprisonment for a term which may extend to three months, or with both.

      (2) For the purposes of subsection (1), an owner shall be deemed to have committed an offence if he has failed to exercise reasonable care and supervision with a view to the prevention of such offence: Provided that where an owner is convicted of permitting cruelty by reason only of having failed to exercise such care and supervision, he shall not be liable to imprisonment without the option of a fine.”

      Read: The Concept of Ancestral Property Acquisition Broken Down

      Sources:

      • The Constitution of India
      • Indian Penal Code, 1860
      • Animal Birth Control Rules, 2001
      • Animal Welfare Board of India – Guidelines dated 26th February 2015
      • Animal Welfare Board of India –Letter dated 30-6-2015 bearing No.9-1/2015-16 PCA
      • Animal Welfare Board of India v. A. Nagaraja
      • Shiromani Gurudwara Prabandhak Committee, Amritsar v. Shri Som Nath Dass & ors. (Supreme Court of India (J.J.: A.P.Misra, M.Jagannadha Rao) Date of Judgment: 29/03/2000) Civil Appeal No. 5387 OF 2014 (Special Leave Petition (Civil) No.11686 of 2007)
      • Narayan Dutt Bhatt v Union of India & Others (Writ Petition (PIL) No. 43 of 2014 (Uttarakhand High Court of Uttarakhand)
      • Sierra Club v. Morton, Sec. Int. (United States Supreme Court; Justice Douglas’ dissenting opinion)
      • Karnail Singh & Ors v/s State of Haryana (Punjab & Haryana High Court) (CRR-533-2013)
      • Sierra Club v. Morton, 405 U.S. 727 (1972) (U.S. Supreme Court)
      • Humane Society of the United States (Online edition)
      • The New York Times Magazine (Online edition)

      You can also check Nobroker for great deals and save thousands on brokerage.

      Q1. What are the rules for a pet in a housing society?

      Ans. In a housing society, the owner of a pet must follow a set of pre-defined rules in order to keep their lovely companions with the. There are laws in place to protect domesticated animals and animal lovers, yet there are also certain precautions a pet owner needs to take, such as mandatory vaccinations for their domesticated pets, cleaning up after their pets, disposing of their pets’ waste, keeping their pets on a leash in common areas such as gardens, passages and other such safeguards to prevent pets from attacking residents, especially children.

      Q2. Can a housing society refuse pets?

      Ans. According to article 51 A (g), it is the duty of every citizen to have compassion for animals and any living creature. No discrimination is allowed. A housing society cannot ban pets/dogs on the basis of their breed or size. No ban on feeding. No resident can be barred from feeding stray dogs/cats in the locality.

      Q3. Can a landlord charge a fee on amenities usage for the pets of a tenant?

      Ans. No, a pet is included as a member of the family by definition of an urban household. In a recent case, the Maharashtra State Consumer Disputes Redressal Forum in deciding a Complaint in favour of a person who was charged Rs. 500 per month for each of his dogs to use the lift in his building.

      Q4. Are dogs allowed in a housing society?

      Ans. Not allowing pets in an apartment complex or housing society is considered to be a direct violation of the Constitution of India. The Fundamental Duties in the Constitution of India in Section 51(A) makes it a duty of every Indian citizen to respect and have compassion for all life forms.

      Q5. Can I feed a stray dog inside my housing society?

      Ans. No. While there are a lot of rules and regulations in place for the safeguard of the pet owner and their rights and the court recognises a pet’s rights for food, feeding of strays is allowed only at Animal Welfare Board of India (AWBI) designated centres. Care and caution should be maintained while feeding a stray dog and an individual should avoid feeding them inside their society complex to avoid problems caused by the strays.

      Property Tax Gurgaon Online: About Property Tax in Gurugram

      Property Tax Gurgaon Online: About Property Tax in Gurugram

      As Benjamin Franklin said ‘Nothing certain but death and taxes, and most of the taxes we pay, we do so without knowing. Most taxes are included in MRP or deducted at source, but things such as property tax need to be paid by you annually. There is no escaping property tax in Gurgaon if you own a home or property in Gurgaon. Don’t fret, we’re here to make the process of paying property tax in Gurugram as simple and painless as possible.

      Who do you pay Property Tax?

      In Gurugram, you will have to pay property tax to the Municipal Corporation of Gurugram – MCG (MCG Gurgaon Property Tax)

      How does MCG Calculate the Amount of Property Tax to be paid?

      The MCG follows a very straightforward system, they consider the size and the use of the property. This means small and medium properties that have houses pay less tax than large properties used for commercial purposes.

      Here is what you should know about MCG Gurgaon Property Tax

      Gurgaon Property tax on Residential properties

      Area (in square yard)    Rate (in Rs. per square yard)

      Up to 300 sq. yard    Rs. 1 per square yard

      301 to 500 sq. yard    Rs.4 per square yard

      501 to 1000 sq yard    Rs.6 per square yard

      1001 sq. yard to 2 acres    Rs.7 per square yard

      More than 2 acres    Rs.10 per square yard

      Gurgaon Property Tax on Commercial Spaces (Office spaces, multiplexes)

      Area (in square yard)    Rate (in Rs. per square yard)

      Up to 1000 sq yard    Rs.12 per sq yard

      More than 1000 sq yard    Rs.15 per sq yard

      Gurgaon Property Tax on Commercial property (Shops on the ground floor)

      Area (in square yard)    Rate (in Rs. per square yard)

      Up to 50 square yards Rs. 24 per square yard

      51 to 100 square yards Rs. 36 per square yard

      101 to 500 square yards    Rs. 48 per square yard

      Gurgaon Property Tax on Vacant Land Residential Properties

      Plot size    Rate (in Rs. per sq yard)

      Up to 100 sq yard    EXEMPTED

      101-500 sq yard    Rs. 0.50 per sq yard

      501 and above    Rs. 1 per sq yard

      Gurgaon Property Tax on Vacant Land

      Commercial/Industrial/Institutional Properties

      Plot size    Rate (in Rs. per sq yard)

      Up to 500 sq yard    EXEMPTED

      101 and above    Rs. 5 per sq yard

      501 and above    Rs. 2 per sq yard

      Read: Everything You Need to Know About GHMC Property Tax

      Can you get a rebate on Property Tax in Gurgaon?

      Yes, there are certain conditions under which you can get a rebate –

      • If the house is self-occupied and belongs to a person serving in the defense/paramilitary force or ex-service/ex-paramilitary force personnel or their spouse. (100% rebate)
      • If the house is owned and occupied by freedom fighters or their spouse and war widows. (100% rebate)
      • If the house is owned by families of deceased soldiers/ex-servicemen/ex-central paramilitary forces personnel, provided they do not have any other residential property and are not renting it to other people. (100% rebate)
      • If you own a vacant plot of 1 acre and above, and it is being used for horticulture/agriculture. (100% rebate)
      • If you clear property tax dues within 45 days of notification of the rates. (30% rebate)
      • If you pay your total tax amount before July 31st. (10% rebate)

      How do you make the Property / House Tax Payment?

      Paying House Tax Gurgaon or Property Tax in Gurgaon is fairly simple, you can visit – https://www.mcg.gov.in/default1.aspx?HTT=B

      Enter the details required and pay your Property Tax in Gurgaon Online.

      If you’re looking to buy, sell, or rent homes in Gurugram, let the experts at NoBroker.com help you! Please click below to find out more.

      Mira Bhayander Property Tax Payment: Understanding Payment and Bill Download

      Mira Bhayander Property Tax Payment: Understanding Payment and Bill Download

      Paying Mira Bhayander Property Tax can often present a perplexing and time-intensive endeavour, particularly for individuals unaccustomed to its intricacies. If you happen to possess property within the bounds of Mira Bhayander, acquiring a comprehensive comprehension of the property tax framework and familiarizing yourself with the necessary procedures for tax remittance becomes paramount. Such knowledge not only guarantees adherence to statutory regulations but also serves as a shield against potential sanctions or judicial measures.

      In this blog post, we will provide a comprehensive guide to Mira Bhayandar Municipal Corporation property tax payment. We will cover topics such as the purpose of property tax, who is responsible for paying it, how to calculate your property tax bill, the due date for payment, and the various methods available for paying your taxes.

      Additionally, we will also provide information on the Mira Bhayander Property Tax bill download, and its in-depth process of property tax payment in the locality and offer you all the information you need to stay on top of your tax obligations.

      A Look at Property Tax Payment in Mira Bhayander 

      Before we dive into the details of paying property tax, it is important to understand what property tax is and why it is levied.

      Definition of Property Tax

      Property tax is a tax levied by local authorities on the ownership of a property. The tax is based on the value of the property, and is typically used to fund local public services such as schools, roads, and public utilities.

      Why Pay Property Tax in Mira Bhayander?

      Mira Bhayander is a city in the Thane district of Maharashtra, India. Property tax, also known as property rate, is a tax levied on properties, such as houses, lands, and buildings, by the local government. The property tax payment for Mira Bhayander is usually done annually, based on the value of the property.

      To make the property tax payment in Mira Bhayander, you may visit the official website of the Mira Bhayandar Municipal Corporation Property Tax and look for the option to pay property tax online. You may also be able to pay property tax in person at the MBMC office or authorized banks, by submitting the necessary forms and documents.

      It is important to note that the procedure and amount of property tax payment may vary depending on the specific location within Mira Bhayander and the type of property you own. 

      In Mira Bhayander, property tax is levied by the MBMC and is an important source of revenue for the corporation. By paying your property tax, you are contributing to the development and maintenance of the city and ensuring that essential public services are maintained.

      Checking and Downloading Your Property Tax Bill 

      Now that we have a basic understanding of property tax in Mira Bhayander, let’s take a look at how you can view and download your property tax bill.

      How to Check Your Property Tax Bill Online

      The MBMC has made it easy to view your property tax bill online. Simply visit the MBMC’s official website, and navigate to the Property Tax section. From there, you can enter your property’s assessment number and view your bill.

      Here are the steps for checking and downloading your property tax bill in Mira Bhayander:

      1. Visit the official website of the Mira Bhayander Municipal Corporation (MBMC).
      2. Look for the option to view your property tax bill and payment history.
      3. Enter the necessary information, such as your property address or tax assessment number, to search for your property tax bill.
      4. Review the details of your property tax bill, including the amount due, the due date, and any payment history.
      5. Download or print a copy of your property tax bill for your records.

      Note that the process for checking and downloading your property tax bill in Mira Bhayander may vary depending on the specific procedures and technology used by the MBMC. If you have any difficulties accessing your property tax bill, you may contact the MBMC for assistance.

      Downloading Your Property Tax Bill

      Once you have viewed your property tax bill, you have the option to download a copy for your records. To do this, simply click the Download button on the bill screen and save a copy to your computer.

      Paying Your Property Tax in Mira Bhayander 

      Now that you have your property tax bill, it’s time to make the payment.

      How to Pay Your Mira Bhayander Property Tax Online

      The MBMC offers several options for paying your property tax, including online payment through the official website, payment at designated banks, and payment through the MBMC’s mobile app.

      To pay property tax in Mira Bhayander, you can follow these steps:

      1. Visit the official website of the Mira Bhayander Municipal Corporation (MBMC) and look for the option to pay property tax online.
      2. Register for an account on the website, if you do not already have one.
      3. Log in to your account and enter your property details, such as the property address, tax assessment number, and the financial year for which you want to pay the tax.
      4. Calculate the property tax due using the online calculator provided on the website.
      5. Review the tax amount and confirm the payment.
      6. Choose a payment method, such as credit card, debit card, net banking, or UPI, and follow the prompts to complete the payment.
      7. Print or save the Mira Bhayander Property Tax receipt downloaded for your records.

      It is also possible to pay property tax in person at the MBMC office or at authorized banks. In this case, you may need to fill out a physical form and submit it along with the payment.

      Verifying Your Mira Bhayander Property Tax Payment Status

      Verifying the payment status of your Mira Bhayander Property Tax is a pivotal task to prevent legal complications and maintain compliance. To perform this verification, carefully follow the step-by-step process outlined below:

      1. Visit the Official MBMC Website: Initiate the procedure by navigating to the official Mira Bhayander Municipal Corporation (MBMC) website: www.mbmc.gov.in.

      2. Access the Property Tax Payment Section: Within the website’s interface, locate and select the ‘PROPERTY TAX PAYMENT’ option available in the menu bar.

      3. Explore the Tax Bill Section: Inside the ‘PROPERTY TAX PAYMENT’ category, you will find the ‘VIEW YOUR TAX BILL’ option. Click on it to proceed.

      4. Provide Property Details: Enter precise details about the property, including the property owner’s name, property location, and property type. Once the information is accurately filled, initiate the search by clicking the ‘SEARCH’ button.

      5. Unveil Your Payment Status: Upon completing the above steps, the system will display the current payment status of your property tax. This status update will explicitly indicate whether the payment has been successfully processed, is pending, or involves any outstanding dues.

      By adhering to these clear-cut instructions, you can effectively uncover the precise status of your Mira Bhayander Property Tax payment. This proactive approach empowers you to promptly address any discrepancies and ensures your unwavering commitment to adhering to property tax regulations.

      Changing Your Property Tax Details Online in Mira Bhayander Municipal Corporation

      When alterations are needed for your property tax information, such as a name or address change, Mira Bhayander Municipal Corporation (MBMC) offers a user-friendly online portal. This allows you to easily refine your details, ensuring accurate property tax billing.

      How to Update?

      To modify property tax information through MBMC’s online platform:

      1. Visit MBMC’s official website.
      2. Find the property tax detail update option.
      3. Access your account or create one.
      4. Enter revised details (address, contact, or bank info).
      5. Verify accuracy; await MBMC validation.
      6. Confirm changes and retain a copy.

      Note that process variations may exist. For assistance, contact MBMC directly.

      Smooth Transition with MBMC: 

      For any issues during online property tax detail updates, MBMC provides direct support. Seek guidance and ensure a seamless property tax process.

      MBMC Property Tax Bill Helpline: Effortless Assistance at Your Fingertips

      The MBMC Property Tax Bill Helpline is your dedicated support channel for all matters related to property tax bills. Should you have questions or require clarification about your property tax bill, don’t hesitate to connect with us. Feel free to drop an email with your queries to propertytax@mbmc.gov.in, using the subject line “MBMCPROPERTYOL” along with your Property Number and/or Transaction ID for swift resolution. Alternatively, you can reach out directly by calling 28192828-ext 333. Our experts are here to provide you with accurate information and guidance, ensuring a seamless property tax experience in Mira Bhayander.

      NoBroker Can Help with Your Property Tax Needs

      Paying property tax in Mira Bhayander is an important responsibility for property owners. By understanding the process of checking your property tax bill, downloading a copy, and making a payment, you can ensure that your property tax obligations are met and that you are contributing to the development and maintenance of the city. If you’re struggling to understand the property tax payment process in Mira Bhayander, or if you need help with your property tax bill, NoBroker can help. Our team of experts can assist with all your property tax needs, including bill payment and Mira Bhayander Municipal Corporation Property Tax receipt generation.

      FAQs

      Q1. How can I obtain a duplicate bill for Mira Bhayander Property Tax?

      To acquire a Mira Bhayander Property Tax duplicate bill, you can visit the official website of MBMC and navigate to the ‘Property Tax Payment’ section. There, select ‘View Your Tax Bill’ and input your property details to generate the duplicate bill.

      Q2. Can I pay my property tax online in Mira Bhayander?

      Yes, you can pay your property tax online in Mira Bhayander by visiting the official website of the MBMC and following the instructions to make an online payment.

      Q3. What happens if I don’t pay my property tax in Mira Bhayander?

      If you don’t pay your property tax in Mira Bhayander, you may be subject to penalties, interest charges, and legal action, including the seizure of your property.

      Q4. Can I get a rebate on my property tax in Mira Bhayander?

      Yes, you may be eligible for a rebate on your property tax in Mira Bhayander, depending on your circumstances. Check with the MBMC for information on rebates and other concessions.

      Q5. How do I check my property tax status in Mira Bhayander?

      You can check your property tax status in Mira Bhayander by visiting the official website of the MBMC and looking for the option to view your tax bill and payment history. Alternatively, you can contact the MBMC directly for information on your property tax status.

      Simplifying Panvel Municipal Corporation Property Tax: A Comprehensive Guide

      Simplifying Panvel Municipal Corporation Property Tax: A Comprehensive Guide

      Property tax is an essential aspect of homeownership that contributes to the development and maintenance of local infrastructure. As a resident of Panvel, Maharashtra, it is crucial to understand the process of paying property tax to the Panvel Municipal Corporation (PMC). In this blog post, we will delve into the details of Panvel Municipal Corporation property tax, including online payment options, calculation methods, and the importance of property tax bills and receipts.

      Latest News on Panvel Municipal Corporation Property Tax

      25th July 2023

      The Panvel Municipal Corporation (PMC) has launched a property tax reassessment campaign to ensure accurate tax payments and address residents’ concerns. Running until July 28 at Krantiveer Vasudev Balwant Phadke Auditorium, the initiative involves four dedicated teams examining objections submitted by property owners. This move follows the publication of draft property tax details based on a PMC survey, during which property owners were invited to raise objections. 

      Under the Maharashtra Municipal Corporation Act, of 1949, this campaign provides an additional opportunity for property owners to rectify errors related to property measurement, use changes, lease-based tax, and more. The PMC emphasizes the importance of accurate property tax collection for local development and encourages residents to participate in the campaign for fair taxation.

      Panvel Municipal Corporation Property Tax: An Overview

      Municipal Corporation Property Tax
      Panvel Municipal Corporation Property Tax

      The Panvel Municipal Corporation (PMC) is responsible for assessing and collecting property tax from residential, commercial, and industrial properties within its jurisdiction. Property tax is an essential aspect of civic governance, contributing to the development and maintenance of the city’s infrastructure, services, and amenities. 

      The Panvel Municipal Corporation, located in Maharashtra, India, has implemented an efficient and user-friendly property tax payment mechanism to streamline the process for its residents.

      Understanding The Online Process For Panvel Municipal Corporation Property Tax Payment

      Panvel Municipal Corporation Property Tax
      Understanding The Online Process For Panvel Municipal Corporation Property Tax Payment

      Property tax rates and regulations may vary across different municipalities, and Panvel is no exception. To ensure efficient administration and timely payment, the PMC has established an online platform that allows property owners to pay their property taxes conveniently.

      Accessing The Panvel Municipal Corporation Property Tax Portal

      To simplify the property tax payment process, PMC has introduced an online platform. Residents can visit the official PMC website and navigate to the property tax section to access the online payment portal by following these steps: 

      1. Visit The Official PMC Website

      Open your web browser and navigate to the official Panvel Municipal Corporation website. The website is designed to provide essential information and services to the residents of Panvel.

      2. Locate The Property Tax Section

      On the PMC website’s homepage, look for the property tax section. Usually, it can be found under the “Services” or “Online Services” tab. Click on the property tax section to proceed.

      3. Access The Online Payment Portal

      Within the property tax section, you will find a link or button that directs you to the online payment portal. Click on it to enter the payment portal.

      How to Pay Panvel Municipal Corporation Property Tax Online?

      Paying property tax online is a convenient and easy way to meet your annual obligation to the Panvel Municipal Corporation. In this blog post, we will walk you through the steps on how to pay your Panvel Municipal Corporation property tax bill online.

      1. Visit the PMC Property Tax Portal

      Access the official PMC property tax portal by entering the provided URL in your web browser.

      2. Register/Login to Your Account

      Create a new account or log in using your existing credentials.

      3. Locate and Verify Your Property

      Search for your property using property number, address, or zone and ensure the details match accurately.

      4. Calculate and Validate Property Tax

      Use the PMC property tax calculator to determine the accurate tax amount based on property details and prevailing rates.

      5. Generate and Download Challan

      Generate the challan with the calculated tax amount, payment due date, and unique identification number. Download it for further processing.

      6. Choose Payment Method

      Select your preferred online payment method such as net banking or debit/credit card.

      7. Make the Payment

      Enter the required payment details, including the challan number, and authorize the payment.

      8. Acknowledgment and Receipt

      Upon successful payment, download the receipt as proof of payment for future reference.

      If the PMC property tax portal provides the option to download the receipt directly from the website, simply click on the “Download Receipt” or similar button to obtain a digital copy. In case the receipt is sent to your registered email address, make sure to check your inbox or spam folder for the payment confirmation email. 

      Saving both a digital and physical copy of the payment receipt ensures easy access and retrieval if required in the future. By following these step-by-step instructions, you can easily navigate and make Panvel Mahanagar Palika property tax online payment securely and conveniently.

      Benefits Of Paying PMC Property Tax Online:

      Here are some special discounts and schemes currently applicable for Panvel Mahanagar Palika property tax online payment:

      1. 2% discount if paying property tax online
      2. 2% concession in property tax on installed solar power system projects
      3. 2% Concession in property tax for installed rainwater harvesting projects
      4. 2% Concession in property tax on waste disposal
      5. 2% Concession in property tax on segregation of waste

      PMC Property Tax Calculation Methods 

      Panvel Municipal Corporation Property Tax
      PMC Property Tax Calculation Methods

      Rateable Value

      The PMC assesses property tax based on the rateable value of the property. Rateable value is determined considering factors like the property’s location, size, age, and usage. The PMC periodically reviews and updates the rateable values to reflect the current market rates.

      Property Tax Rate

      The property tax rate is calculated as a percentage of the rateable value. The PMC sets different tax rates for residential, commercial, and industrial properties. These rates may vary based on the property’s location and classification.

      Property Tax Calculator

      To simplify the property tax calculation process, PMC provides an online property tax calculator on its website. Residents can input the necessary property details into the calculator, such as area, type, and usage, to obtain an estimate of their property tax liability.

      Importance of Property Tax Bill and Receipt 

      Panvel Municipal Corporation Property Tax
      Importance of Property Tax Bill and Receipt

      Property Tax Bill

      The property tax bill is an official document issued by the PMC that outlines the property details, rateable value, applicable tax rate, and the total amount due. It serves as a legal record of the property tax liability and is essential for reference and future communication with the PMC.

      Property Tax Receipt

      Upon successful payment, the PMC generates a property tax payment receipt. This receipt contains details such as the transaction ID, payment date, amount paid, and the property tax account number. It is advisable to keep a copy of the receipt for future reference and as proof of payment.

      Factors Impacting Panvel Municipal Corporation Property Tax Calculation

      Panvel Municipal Corporation Property Tax
      Factors Impacting Panvel Municipal Corporation Property Tax Calculation

      As per the formula to calculate the Panvel Municipal Corporation Property Tax,

      Property Tax = Base Value × Built-up Area × Age Factor × Type of Building × Category of Use × Floor Factor

      Based on the above equation, the factors impacting property tax payment in Panvel:

      1. Base Value: The base value represents the assessed value of the property determined by the Panvel Municipal Corporation (PMC). It takes into account various factors such as location, amenities, infrastructure, and market rates. The PMC periodically reviews and updates the base values to reflect changes in property values.
      2. Built-up Area: The built-up area refers to the total covered area of the property, including all floors and structures. It includes the area of the main building and any additional constructions or extensions.
      3. Age Factor: The age factor accounts for the age of the property. It is a multiplier that adjusts the property tax based on the property’s age. Generally, older properties have a higher age factor, indicating a potentially higher tax liability.
      4. Type of Building: The type of building considers the classification of the property, such as residential, commercial, industrial, or mixed-use. Different property types may have varying tax rates or factors assigned to them.
      5. Category of Use: The category of use relates to the specific purpose for which the property is utilized, such as residential, commercial, educational, institutional, or agricultural. Each category may have different tax rates or factors associated with it.
      6. Floor Factor: The floor factor takes into account the number of floors in the building. It applies a multiplier to adjust the tax based on the total number of floors. Properties with more floors typically have a higher floor factor and may incur a higher tax liability.

      Paying property tax to the Panvel Municipal Corporation is a civic responsibility that ensures the continuous development and maintenance of the city’s infrastructure. The online payment option provided by the PMC simplifies the process, allowing residents to conveniently pay their property tax from the comfort of their homes.

      Panvel Municipal Corporation: Customer Care

      The Panvel Municipal Corporation’s customer care services are designed to cater to the needs of residents and stakeholders. With a focus on addressing inquiries, feedback, and concerns, the skilled team endeavours to provide efficient and responsive assistance. 

      AddressSwami Nityanand Rd, Tal,opp. Gokhale Marriage Hall,Panvel, Navi Mumbai,Maharashtra 410206
      Phone Number1800-227701/ 02227458040
      Email Addresspanvelcorporation@gmail.com
      Official Websitehttps://www.panvelcorporation.com/

      By understanding the property tax calculation methods, utilizing the online property tax calculator, and keeping track of property tax bills and receipts, residents can ensure a smooth and hassle-free property tax payment experience. 

      If you still need help with any aspect of Panvel Municipal Corporation Property Tax Payment, reach out to the financial experts at NoBroker. Get your queries resolved directly by industry experts. Comment about your requirement and our executive team will be in touch with you shortly. 

      FAQs

      Q1. How to pay Panvel Municipal Corporation property tax online?

      Ans. To pay your Panvel Municipal Corporation property tax online, visit the official PMC website and navigate to the property tax section. Access the online payment portal and retrieve your property tax bill by providing the required details. Verify the bill and choose your preferred payment method, such as credit card, debit card, or net banking. Complete the transaction and generate a payment receipt for your records.

      Q2. Can I calculate my property tax online using the PMC’s property tax calculator?

      Ans. Yes, PMC provides an online property tax calculator on its website. You can input the necessary details, such as property area, type, and usage, into the calculator to obtain an estimate of your property tax liability. However, please note that the calculator provides an estimate, and the final tax amount may vary based on the PMC’s assessment.

      Q3. How can I download the property tax payment receipt after making an online payment?

      Ans. Once you have successfully made the online payment for your property tax, the PMC system will generate a payment receipt. Usually, there is an option for Panvel Municipal Corporation Property Tax Payment receipt download directly from the payment portal. Look for a “Download Receipt” or similar button and save the receipt as a PDF file for future reference.

      Q4. What should I do if there is a discrepancy in my property tax bill with Panvel Municipal Corporation?

      Ans. If you notice any discrepancies in your property tax bill, such as incorrect property details or rateable value, it is advisable to contact the Panvel Municipal Corporation’s property tax department. They will assist you in resolving the issue and provide the necessary guidance to ensure accurate billing.

      Q5. Can I pay my Panvel City Municipal Corporation property tax offline?

      Ans. While online payment is the most convenient option, PMC may also provide offline payment methods. You can inquire at the PMC office about offline payment options, such as cash payment or payment through demand drafts. However, it is recommended to check PMC’s official website or contact their property tax department for the most up-to-date information regarding offline payment methods.

      Q6. What should I do if I receive a Panvel Municipal Corporation property tax notice?

      Ans. If you receive a Panvel Municipal Corporation property tax notice, you should:
      Check the details on the notice carefully to make sure that they are correct.
      If the details are correct, you should pay the amount due by the due date.
      If you are unable to pay the amount due by the due date, you should contact the Panvel Municipal Corporation to request an extension.
      If you do not pay the property tax by the due date, you will be liable to pay a penalty.

      Property Tax in Faridabad: Online Payment, Calculator & Expert Guide

      Property Tax in Faridabad: Online Payment, Calculator & Expert Guide

      The Municipal Corporation of Faridabad (MCF), entrusted with the maintenance of civic amenities within the city, relies significantly on the funds generated through the  property Tax in Faridabad.

      Property owners bear the legal obligation to remit their annual property taxes to the respective municipal authorities, in adherence to the tax brackets that correspond with the dimensions of their owned residences or apartments. 

      The Municipal Corporation of Faridabad (MCF) has taken a proactive measure to facilitate timely and hassle-free tax payments by introducing an online payment portal on the framework utilized by Haryana’s Urban Local Bodies (ULB). This initiative, undertaken by MCF Faridabad, is designed to enhance the convenience of property owners in Faridabad.

      In this article we will talk about various aspects of property tax in Faridabad, including eligibility, online payment processes, verification, creating property IDs, offline payment options, tax calculation criteria, due dates, allowances, contact details, and expert assistance, providing a comprehensive resource for all property owners. 

      Eligibility Criteria for Paying Property Tax in Faridabad

      Individuals are required to pay property tax in Faridabad if they fulfill the subsequent eligibility requirements:

      1. Attain a minimum age of 18 years.
      2. Possess permanent residency in Faridabad or the state of Haryana, supported by valid address proof.
      3. Have ownership of property, which can be residential, commercial, industrial, etc., situated in Faridabad.

      Essential Documents Required for Paying Property Tax Faridabad

      ULB Haryana mandates the submission of the following documents, which encompass:

      • Haryana government-issued Unique Property ID
      • Property ID for any pre-existing property (if applicable)
      • Owner’s name
      • 12-digit Aadhaar Card Number
      • Valid Address Proof demonstrating Haryana residency
      • Specifics of the property tax invoice

      How to Pay Faridabad Property Tax (Online)?

       Property Tax in Faridabad
      credits: ulbhryndc.org The official website landing page for paying property tax in Faridabad

      Here’s how you can pay your Faridabad Property tax online–

      1. Go to the Haryana Urban Local Body Property Tax portal by visiting https://ulbhryndc.org/ 
      2. Search for a property ID, and be sure to fill in all the needed data.
      3. Choose the search option.
      4. Verify the total amount, then choose the appropriate button to make your payment taxes.
      5. After that, you’ll be sent to the final payment page, where you may choose your preferred payment method.
      6. After completing the transaction, you should ensure that the receipt is downloaded for use in the future.

      How to Pay Property Tax in Faridabad Offline?

      Because it is only sometimes feasible for everyone to pay their taxes online, you can pay your MCF Faridabad property ID using an alternative method, such as by mail.

      1. Pay a visit to the office of the municipal corporation in your region.
      2. Carry the necessary documents for verification by the authorities, such as your identification and the paperwork relating to your property.
      3. After completing the document verification process, you can pay the MCF house tax online directly to the authority or at the payment counter of the ward office.
      4. After making a successful payment, you should always remember to save the receipt for any reference you may need in the future.

      ULB Haryana Property Tax Faridabad – Payment Verification

      Upon completing your online property tax payment in Faridabad, it’s natural to want to confirm its status. Follow these straightforward steps on the ULB Haryana portal for verification:

      1. Go to the official ULB Haryana portal and select the Privacy Policy option at the very bottom.
      2. In the new window, click on Verify Payment at the top.
      3. Fill in transaction details, including transaction number, owner’s name, and mobile number on the Verification page.
      4. Click the Search button, and your payment status will be displayed on the screen.

      How to Search a property or Create New Property ID for Payment of Property Tax Faridabad?

      To establish your property’s legitimacy, each property in Faridabad is assigned a unique property ID by the Haryana government. If you lack an assigned property ID, follow these steps to create one:

      1. Visit the official ULB Haryana website and log in using your 10-digit mobile number.
      2. After logging in, you can view your registered property. If not, utilize the “Search Property” option in the top menu.
      3. Fill in fields like District, Municipality, Colony, Property ID, Owner/Occupier, or Mobile Number to search for the property.
      4. At the bottom of the Search Property page, find a “Please Click Here” button for users without a property ID or unable to locate their property.
      5. Clicking this button will lead you to a new page. Review terms and conditions, then proceed.
      6. Enter property-related details: District, Municipality, Colony, and mark your property on the Colony Boundary.
      7. Provide Owner details by clicking “Add Owner” button.
      8. After entering all details, carefully read the declaration note and click “Submit.”
      9. Receive an OTP on your registered email, enter it to generate your application number.
      10. Save this application number for future reference to check your property ID application status.

      Criteria for Calculating Property Tax in Faridabad: 7 Things to Keep in Mind

      The amount of property tax is based on several criteria, including the following:

      1. Rent per sq. ft/Monthly Rental Value (MRV)
      2. What kind of structure is it: residential or commercial?
      3. Building usage (per sq. ft)
      4. Location of the property
      5. How old is the building?
      6. Municipal Ward
      7. Rate per sq. ft
      8. The property’s declining value due to depreciation

      You have the option of using the tax calculator on the government website, or you may do the calculation by yourself using the following formula:

      Faridabad Nagar Nigam Property Tax Calculation Formula
      The Faridabad Nagar Nigam Property Tax is calculated by multiplying the property’s built-up area by the property’s age factor, the property, the base value of the property, the kind of building, the category of use, and the floor factor.

      Property Tax = Build-up Region * Property Age Factor * Value of the Base * Property Type * Usage Category * Floor Factor

      Checking the Property Tax using the online MCF portal is the most convenient since it provides an exact figure based on the information you put out about your property. A “Property Tax Calculator” may be found on the MCF site. To determine the tax that will be imposed on any given property, you will need to provide all the necessary information.

      Faridabad Property Tax Deadlines

      • Property Tax collected in two instalments each year.
      • First half cut-off date: April 30.
      • Second half cut-off date: October 30.
      • Deadline for online property tax payment: July 31.
      • Late payment incurs 1.5% interest per month.
      • Taxpayers receive a 5% refund for full Property Tax payment before July 31.

      5 Allowances and Deductions from Faridabad Property Tax

      The government of Haryana exempts from taxation certain types of property, including the following:

      1. Agricultural lands, as well as buildings that are held by the Union Government, private corporations, and the State Government
      2. structures and areas of land used for educational purposes, including but not limited to schools, boarding houses, hostels, libraries, and other establishments
      3. Vacant property or structures that are used only for public worship, charitable activities, or for public burial or as a cremation site Properties that are held by executives of the company or workers who are disabled
      4. Real estate that is held in ownership by political parties (recognised by the Election Commission of India)
      5. Property owners always have the option to pay their taxes in person rather than through an online payment system if they feel more comfortable doing so.

      Faridabad Nagar Nigam Tax Calculator

      • Taxpayers can calculate their property taxes online using the provided link or learn about the House Tax calculation used by the Faridabad Municipal Corporation.
      • The interest rate on property tax typically ranges from 5% to 20%.
      • Some states waive extra costs for late payments, and you can inquire about the property or interest rate from Faridabad Nagar Nigam administrators.
      • Property tax calculations consider variables such as built-up area, age factor, base value, building type, category of use, and floor factor through the MCF property tax calculator.
      • Faridabad Municipal Corporation Property Tax calculation takes into account factors like land base value, occupancy status, property type, age, construction type, and more.
      • Property Tax in Faridabad is calculated using the formula: Property Tax = (Total Value of Property) * (Tax Rate).
      • The total property value is determined by MCF based on location, size, and type, while the tax rate varies per zone.
      • Tax rates for different zones: Zone A (0.25%), Zone B (0.30%), Zone C (0.35%), Zone D (0.40%), and Zone E (0.45%).
      • Property tax due on 31st March annually, payable in four installments with varying due dates.
      • Failure to pay by due date incurs a 10% penalty, increasing by 2% monthly until paid in full.
      • Early payment before due date can avail of a rebate, with the rebate amount varying based on the property’s zone.

      For more details, visit the MCF website or contact the MCF office in your area.

      Contact Details of Municipal Corporation Faridabad (MCF) 

      If you have any inquiries regarding property tax payment in Faridabad, feel free to reach out through the following contact information:

      Address: Municipal Office, BK Chowk Faridabad
      Phone Number: 0129-2416464
      Category/Type: Municipal Office

      Alternatively, you can also get in touch with the Department of Urban Local Bodies (ULB):
      Phone Number(s): 0172-2590082, 2580700
      Email: dulbhry@hry.nic.in

      How Can NoBroker Help?

      Understanding and managing your property tax in Faridabad is a crucial responsibility that ensures the smooth functioning of civic amenities. However, navigating tax complexities can sometimes be daunting. But you can avoid potential pitfalls by seeking professional guidance. NoBroker offers expert assistance, simplifying your property tax journey. Trust our experienced team to handle the intricacies while you enjoy peace of mind. 

      FAQs

      Q1. Do I need a property ID to pay property tax in Faridabad? 

      Ans. Yes, you need to know the property ID to pay your property tax in Faridabad. The property ID number is necessary especially if you are planning to pay the tax online

      Q2. Which is the official government website portal for paying property tax in Faridabad

      Ans. Paying your property tax in Faridabad is easy and quick. The official website portal for paying property tax is https://ulbhryndc.org/.

      Q3. Can I pay property tax in Faridabad via mobile phone?

      Ans. Yes, you can easily pay your property tax in Faridabad via mobile phone. The only requirement for this is that your mobile phone or tablet needs to have an active internet connection. 

      Q4. How to check the property ID number of your property in Faridabad?

      Ans. Property ID is necessary to pay the property tax. If you cannot remember the property ID number, you can check the tax receipts of previous years. The property ID will be mentioned on the tax receipts.

      Q5. Can I pay property tax in Faridabad via credit card?

      Ans. Yes, once you enter the details of your property on the website portal, you will see the payments page with different options such as debit card, UPI, net banking and credit card as well.

      Q6. What is house tax in Faridabad, and how is it calculated?

      Ans. House tax in Faridabad, also known as property tax, is a levy imposed on property owners by the Municipal Corporation of Faridabad (MCF). It is calculated based on factors like property type, age, built-up area, and usage category. The formula used by MCF incorporates these variables to determine the tax amount.

      Q7. Can I make MCF Faridabad property tax payments online?

      Ans. Absolutely! The Municipal Corporation of Faridabad offers a convenient online payment platform for property owners. You can easily pay your house tax online in Faridabad through the MCF website using secure payment methods.

      Q8. How do I make house tax online payment in Faridabad?

      Ans. To make online house tax payment in Faridabad, visit the MCF website, locate the online payment section, and follow the step-by-step instructions. Provide the required details such as your property ID, owner’s name, and other relevant information to complete the payment.

      Noida’s Property Tax Laws: The Ultimate Guide

      Noida’s Property Tax Laws: The Ultimate Guide

      Property tax is a significant aspect of homeownership and real estate investment. In this blog, we will dive into the details of property tax in Noida, providing a comprehensive guide for homeowners and investors. From the definition of property tax to the process of calculation, we’ll cover all the essential information to help you make informed decisions regarding your property. 

      As a homeowner or investor, it is crucial to have a clear understanding of how property tax works, what it covers, and how to calculate it. Whether you’re a first-time homeowner or a seasoned real estate investor, this guide will provide valuable insights into the world of property tax in Noida. 

      How to Calculate Property Tax in Noida?

      The calculation of property tax in Noida is based on the value of the property and the tax rate set by the local authorities. The following is the basic formula for calculating property tax in Noida:

      You can calculate the property tax amount you have to pay by multiplying the property value by the property tax rate in Noida and then dividing the product by 100. Given below is the mathematical representation of the same–

      Property Tax In Noida = (Property Value x Property Tax Rate In Noida) / 100

      The property value is determined based on several factors such as the location, age, and type of the property. The tax rate, on the other hand, is set by the Noida Municipal Corporation and can vary depending on the type of property and its use. The current property tax rates in Noida vary based on the type of property, such as residential, commercial, under construction, or leasehold. 

      For example, the property tax rate for a residential property in Noida may be different from that for a commercial property. The government periodically reviews and adjusts property tax rates to ensure they are in line with the current market value of properties. It’s important to keep track of any recent changes or updates to property tax rates in Noida to ensure you are paying the correct amount of tax.

      It is important to note that the property value and tax rate are subject to change and revision from time to time. To get the most accurate and up-to-date information on property tax in Noida, it is advisable to check with the local authorities or consult a property tax expert.

      How to Pay Property Tax in Noida?

      If you’re a homeowner in Noida, here’s how you can pay your property tax:

      1. Online Payment: The Noida Authority provides an online portal for property tax payments. Visit their official website and follow the instructions for online payment. You may need your property’s unique identification number (Property ID) for this.
      2. Offline Payment: You can pay property tax offline by visiting designated banks or counters specified by the Noida Authority. You’ll need to fill out a tax payment form and provide your Property ID. Payments can be made in cash or through a demand draft.
      3. Mobile Apps: Some mobile apps offer property tax payment services. Check if there are any official apps provided by the Noida Authority or authorized service providers for this purpose.
      4. Property Tax Camps: The Noida Authority may organize property tax camps during specific periods. You can visit these camps to make payments and seek assistance.
      5. Payment by Mail: In some cases, you may be able to send a demand draft or cheque by mail to the Noida Authority’s specified address. Make sure to confirm the payment method and address in advance.

      Steps To Pay Property Tax In Noida

      There are several options available for property tax payments for flats in Noida, including online, in-person, or by mail. Online payment on property tax site of Noida, Uttar Pradesh is the most convenient and quickest option.

      To pay Noida property tax online, follow these steps:

      1. Visit the official Noida Municipal Corporation website
      2. Look for the Property Tax or Online Services section
      3. Enter the required details, such as your property ID or address
      4. Verify your property information and tax amount
      5. Select the payment method (such as credit card, debit card, or net banking)
      6. Enter your payment information and complete the transaction
      7. Save the receipt for your records

      How to Pay Property Tax in Noida? (Offline Method)

      Along with online payment, property tax in Noida can also be paid through offline methods. The following are the steps to pay property tax offline in Noida:

      1. Visit the Noida Municipal Corporation office or a designated collection center.
      2. Obtain the property tax form, also known as a demand notice, and fill it out completely with the required information, such as your property ID or address.
      3. Pay the property tax at the counter using a cash or check payment.
      4. Obtain a receipt as proof of payment for your records.

      Deadlines and Penalties For Late Payments:

      Noida authority property tax payments are usually due annually or semi-annually, and it is important to pay on time to avoid penalties. Late payment may result in additional fees or interest. Check the Noida Municipal Corporation website for the specific deadlines and penalties for late property tax payments.

      In conclusion, property tax in Noida can be paid through various channels, with online payment being the most convenient option. Detailed instructions on how to pay property tax online are provided, along with information on deadlines and penalties for late payments. It is important to pay property tax on time to avoid additional fees or penalties.

      Importance of Paying Property Tax

      Paying property tax is a vital civic responsibility for homeowners. Here’s why it’s important:

      1. Funding Local Services: Property tax is a primary source of revenue for local governments. It helps fund essential services like schools, healthcare, sanitation, road maintenance, and more. By paying your property tax, you contribute to the development and maintenance of your local area.
      2. Property Value Maintenance: Timely property tax payments can positively impact property values. Well-maintained public services and infrastructure in a locality can lead to an increase in property values, benefiting homeowners.
      3. Legal Requirement: Property tax payments are often mandatory by law. Failing to pay your property tax can lead to legal repercussions, including fines or even property seizure.
      4. Civic Responsibility: Paying property tax is a civic duty that helps maintain the community’s well-being. It ensures that everyone contributes their fair share to support local development.
      5. Improved Infrastructure: Property tax revenues are used to improve local infrastructure, such as roads, parks, and public transportation. This enhances the quality of life in the area.

      Tax Exemptions on Property Tax in Noida

      In Noida, certain categories of properties are eligible for property tax exemptions. These include properties used for religious and charitable purposes, properties occupied by widows, disabled individuals, and war widows, and properties owned by ex-servicemen. 

      Additionally, properties that are owned by non-profit organizations and are used for educational, medical, or social welfare purposes may also be eligible for exemptions. To claim the exemption, the property owner must submit the necessary documents and make a request to the Noida Municipal Corporation. 

      It’s advisable to check with the local authorities for more information and the most up-to-date policies on property tax exemptions.

      What is Tax on Commercial Property in Noida?

      The tax on commercial properties in Noida is determined by the Noida Municipal Corporation based on the annual rental value of the property. 

      The calculation of the annual rental value takes into account factors such as the location, age, and type of the property, as well as the prevailing market rental rates. The tax is typically a percentage of the annual rental value and is collected annually.

      It’s important to note that the tax rate for commercial properties may be different from that for residential properties and may be subject to revision by the local authorities from time to time. It’s advisable to check with the Noida Municipal Corporation for the most up-to-date information on commercial property tax rates in Noida.

      A Look at Service Tax on Property In India

      Service tax is a tax levied by the Indian government on services provided or agreed to be provided in India. In the context of property, service tax may be applicable on services provided by property developers, real estate agents, architects, interior decorators, and so on. 

      The service tax rate in India is currently 15% (including the Swachh Bharat Cess and the Krishi Kalyan Cess). It is an indirect tax and the liability to pay service tax lies with the service provider, who then recovers the same from the service recipient.

      What is Service Tax?

      Service tax is a tax levied by the Indian government on services provided by businesses and individuals.

      Service Tax vs Property Tax in Noida:

      Service tax on property in Noida is a tax levied on certain services related to property, such as construction or maintenance services. It is separate from property tax and is not a part of the regular property tax bill.

      Current Service Tax Rate in Noida:

      The current service tax on under-construction property in Noida is 15% of the total value of the service. However, this rate is subject to change based on government policies and regulations.

      Exemptions and Deductions:

      In Noida, India, the service tax on the property is applicable to various services related to the construction, transfer, and lease of immovable property. However, there are certain exemptions and deductions provided under the service tax laws, which can reduce the amount of service tax payable on these transactions.

      Exemptions:

      1. Services provided by the Central or State Government, local authorities, or statutory bodies are generally exempt from service tax.
      2. Certain specified services related to construction and transfer of immovable property, such as services provided by architects, engineers, and contractors, may also be exempt under certain conditions.

      Deductions:

      1. Service tax is not payable on the value of land or the cost of construction, only on the value of services provided in connection with such transactions.
      2. Some other expenses, such as the cost of obtaining the necessary permits, approvals, and licenses, may also be deductible while calculating the taxable value of services.

      Property Tax Implications for Leasehold Flats in Noida

      A leasehold flat is a type of property in which the owner holds the right to use and occupy the property for a specified period of time, typically ranging from 20 to 99 years. At the end of the lease period, ownership of the property reverts back to the original owner or the person who holds the underlying leasehold interest in the property.

      In terms of property tax, leasehold flats are treated similarly to freehold flats. The property tax on a leasehold flat in Noida is calculated based on the annual rental value of the property and is determined by the Noida Municipal Corporation. The property tax is typically a percentage of the annual rental value and is collected annually.

      However, there may be some special rules or regulations that apply to property tax on leasehold flats in Noida, as the local authorities may have specific provisions for such properties. It’s advisable to check with the Noida Municipal Corporation for more information on the property tax implications for leasehold flats in Noida.

      To pay property tax on a leasehold flat in Noida, the property owner must submit the necessary documents and make a request to the Noida Municipal Corporation. The payment can typically be made online or at the designated office of the Municipal Corporation.

      Pay the Correct Property Tax in Noida with NoBroker Legal Experts

      In conclusion, property tax in Noida is an important aspect of owning or investing in property in the city. It is calculated based on various factors such as size, type, location, age, and market value of the property. Property tax is mandatory and must be paid by 31st March of each year. Non-payment of property tax can result in penalties, legal action, and even property confiscation. There are rebates available for senior citizens and physically challenged persons. If you disagree with your property tax assessment, you can file an appeal with the Noida Authority. 

      For more information and assistance with property tax in Noida, homeowners and investors can reach out to the Noida Authority’s Taxation Department or visit NoBroker Legal Services. 

      By staying informed and taking proactive steps, homeowners and investors can ensure compliance with property tax laws and obligations in Noida. If you need any help with your property tax in Noida payment, reach out to us now.

      FAQs

      Q1. What is property tax in Noida?

      Property tax is a tax levied on the ownership of a property by the government. In Noida, it is imposed by the Noida Authority.

      Q2. How is the property tax calculated in Noida?

      The property tax in Noida is calculated based on the size, type, and location of the property, as well as the age of the building and its market value.

      Q3. How can I pay my property tax in Noida?

      Property tax in Noida can be paid online via the Noida Authority’s website, as well as at designated banks and offline collection centers.

      Q4. What is the due date for property tax payment in Noida?

      The due date for property tax payment in Noida is 31st March of each year.

      Q5. Is property tax in Noida mandatory?

      Yes, paying property tax in Noida is mandatory for all property owners.

      Q6. What happens if I don’t pay my property tax in Noida?

      If you don’t pay your property tax in Noida, you may face penalties, legal action, and even property confiscation by the Noida Authority.

      Q7. Can I get a rebate on my property tax in Noida?

      Yes, rebates are available for senior citizens and physically challenged persons on their property tax in Noida.

      Q8. How can I apply for a property tax rebate in Noida?

      To apply for a property tax rebate in Noida, you need to submit a written request to the Noida Authority along with relevant supporting documents.

      Q9. Can I dispute my property tax assessment in Noida?

      Yes, you can dispute your property tax assessment in Noida by filing an appeal with the Noida Authority.

      Q10. Who should I contact for more information on property tax in Noida?

      For more information on property tax in Noida, you can contact the Noida Authority’s Taxation Department.

      Q11. Where is the income tax office located in Noida?

      The income tax office in Noida is situated in Sector 3, Noida. You can contact them for any income tax-related queries or concerns.

      Q12. What is municipal tax for house property?

      Municipal tax for a house property is a tax levied by the local municipal authority on residential properties. This tax is collected to fund essential services like sanitation, water supply, and street maintenance.

      Q13. When should I pay property tax in India?

      The due date for property tax payment can vary by state and locality in India. Generally, property taxes are due annually, and the specific due date is determined by the local municipal authority.

      Q14. What is house tax?

      House tax is another term for property tax. It is a tax imposed by the local government on property owners, including residential properties like houses and apartments, as well as commercial properties. The revenue generated from house tax is used for the maintenance and development of public infrastructure and services in the area.

      Everything You Need to Know about Ghaziabad Nagar Nigam House Tax

      Everything You Need to Know about Ghaziabad Nagar Nigam House Tax

      Nagar Nigam Ghaziabad plays a vital role in funding its operations through property tax, which is an annual payment made by landowners to the local government. This tax applies to various types of properties, including residential and commercial buildings, as well as rented properties. The revenue collected from property taxes is essential for maintaining and improving the Ghaziabad civic authority area. This involves crucial tasks like water supply, road maintenance, park preservation, sewage cleaning, and more. 

      To facilitate easy income collection, Ghaziabad Nagar Nigam relies on an online platform for house tax payments, covering both residential and commercial properties. The tax amount is determined based on the estimated rateable value of the property, making it a significant aspect of sustaining the area’s infrastructure and amenities. The Ghaziabad house tax website is very simple to use and very a very convenient way to make Ghaziabad nagar nigam water bill payment as well.

      What is the Annual Rateable Value for Ghaziabad House Tax?

      If a property were rented out on the designated valuation date, its annual rateable value would equal the annual rent. The municipal government determines this annual rateable value for each Ghaziabad zone. The tax is computed using the property’s capital value for vacant and open plots. The city’s housing tax structure can be difficult to comprehend. The goal of this post is to provide a basic explanation of Nagar Nigam Ghaziabad’s house tax and how to submit an ghaziabad nagar nigam online property tax payment.

      Ghaziabad Municipal Corporation Collection Centre

      Nagar Nigam Ghaziabad online portal
      Nagar Nigam Ghaziabad online portal

      By going to the city’s tax collection offices, Ghaziabad property tax can be paid offline. Visit these locations between 11:00 AM and 6:00 PM on weekdays to make a payment. The locations where Ghaziabad Nagar Nigam collects housing taxes are listed below:

      ● Water Tank Compound, C Block Kavi Nagar, Kavi Nagar Zone, Ghaziabad 201002.

      ● Newar Katori Mill, Storage Tank Complex, Mohan Nagar Zone, Ghaziabad 201001.

      ● Water Tank Compound, Vijay Nagar Zone, Behind Vijay Nagar Cops Chowki, Ghaziabad 201001.

      ● Sector 10 of Vasundhara Zone is located behind the Water Tank Compound in Ghaziabad, 20101.

      ● Town Hall, City Zone, Close to Chaupla Mandir, Ghaziabad 201001.

      Calculation Parameters of Ghaziabad Nagar Nigam House Tax

      Parameters for House Tax Ghaziabad Nagar Nigam Calculation

      The following factors are used to determine the House Tax Nagar Nigam Ghaziabad:

      ● Where the property is located precisely

      ● The property’s age

      ● Area of construction that the property encompasses

      ● Regular rent (minimum)

      ● the property’s or the construction’s build quality

      How to Calculate Ghaziabad Property Tax?

      Visit the city’s official Nagar Nigam website to determine the Ghaziabad house tax. The formula for calculating the tax value is shown below.

      The following equation is used to determine the Ghaziabad property tax:

      G = T + S + C

      I = G * H

      J = G – I

      K = J multiplied by 20%

      Where G = Gross unit area value., T = Tenanted Area of Property x Tenanted Rate per Square Foot x Ten Months, S = Square Feet of Vehicle Parking at Per Square Foot Rate multiplied by Ten Months, C = Self-occupied area of the property multiplied by the price per square foot multiplied by ten months, I represent the Ghaziabad real estate tax reduction amount, H = Percentage reduction rate, J = Net unit area value of the property after tax reduction, Property tax: 

      How to Pay Nagar Nigam Ghaziabad House Tax Online?

      How to Pay Nagar Nigam Ghaziabad House Tax Online
      Nagar Nigam Ghaziabad property tax payment portal at onlinegnn.com

      The official website of Nagar Nigam provides an online property tax payment option for Ghaziabad residents. To pay the Ghaziabad House tax online, follow these steps:

      1. Go to https://onlinegnn.com/, Ghaziabad Nagar Nigam’s official website.

      2. On the website’s homepage, select “Pay Tax Online” in the top left-hand corner.

      3. Enter the house information requested by the portal in the next window, including the zone, PIN, name, house number, and receipt number.

      4. Type the verification code and press “Search.”

      5. The website will direct you to a new tab with a screen that shows the property data.

      6. Review all the information and press the “Pay” button. After that, the website will reroute you to the patent setup page so you can double-check the property details.

      7. In the very same window, select the “Terms and Conditions” checkbox by clicking. Next, decide which payment gateway to use.

      8. Complete your payment by confirming the gateway’s payment request.

      9. Following payment confirmation, the Ghaziabad Nagar Nigam real estate tax statement will be generated. Keep a copy of this receipt for your records.


      How to get a Ghaziabad Property Tax Receipt?

      After the payment, the Ghaziabad property tax receipt is available. The house tax ghaziabad refund for the transaction is available once the payment has been made, whether made offline or online. After making the payment, the tax document can also be obtained by visiting the Ghaziabad Nagar Nigam website and providing information such as a Pin code, zone, name, and others.

      Ghaziabad’s House Tax Collection Centres

      By going to the Nagar Nigam website, you can pay your property tax obligations in Ghaziabad without fuss. The invoice is immediately produced after selecting “Pay Property Tax Online,” providing the necessary information and paying the fees. It can be saved as well as printed at a later time if needed. The taxpayer might need to go to the Nagar Nigam Centre in Ghaziabad in the event of a direct payment.

      How can Someone Register their Home in Nagar Nigam Ghaziabad?

      You must enter the PIN No from the copy of the Ghaziabad property tax payment on the Nagar Nigam Ghaziabad webpage (https://onlinegnn.com/) to pay your Ghaziabad Nagar Nigam housing tax online. Your home does not need to be registered. If you don’t have a PIN or can’t identify your property in the online list, find the nearest Nagar Nigam Centre and ask them to add your home’s information to their system so you can submit the Nagar Nigam Ghaziabad House Charge.

      Ghaziabad House Tax E-Challan for Offline Payment

      Ghaziabad Nagar Nigam housing tax online
      Nagar Nigam Ghaziabad challan generation online at https://onlinegnn.com/

      You can create and pay the Ghaziabad house tax e-challan with a check, money order, debit card, cash, or online banking. The following are the processes to create an e-challan for Ghaziabad Nagar Nigam house tax offline payment:

      ● Visit https://onlinegnn.com/, the Ghaziabad Nagar Nigam website.

      ● Click the “Generate Challan” link in the top right-hand corner of the website’s home page.

      ● Enter the information requested in the new window, such as the zone, PIN, name, house number, and receipt number.

      ● Click the “Search” button after entering the captcha code.

      ● The portal will direct you to a new tab where you will see the property details on the screen.

      ● Click the “Generate Challan” button after checking the property’s information in the new window.

      How to Apply for Mutation in Ghaziabad?

      In Ghaziabad, property owners have two options for requesting property changes.

      The online Method is going to Ghaziabad Nagar Nigam’s official website or the e-Nagar sewa portal. Visiting the closest sub-registrar station in Ghaziabad is an offline option.

      What Happens If You Wait Too Long to Mutate Your Property?

      A property should be modified within six months of the purchase. If you (the owner) don’t alter your property before the deadline, you’ll be fined.

      Mutation Differs from the Registration of Property.

      Property registration and property mutation are two different things. A conveyance deed is used to register the property once the new owner buys it at the Sub-Office Registrar’s (SRO). The change is made to amend the municipal records when the property is enrolled in the new owner’s name. As a result, the property’s ownership status is unaffected even if the new owner doesn’t complete the mutation on time.

      How to Change the Name on Ghaziabad Nagar Nigam House Tax Register?

      A photocopy of your most recent property tax receipt, the No-Objection Certificate (NOC) from the linked housing society, and an authenticated photocopy of the sale deed are required to alter your name on the Ghaziabad Nagar Nigam house Tax records. The Nagar Nigam Department must receive an application form and the papers mentioned above. The name will be altered within 15–30 days of the application’s submission and certification.

      The tax authorities in charge of calculating and recovering real estate taxes in Ghaziabad can be contacted if taxpayers require assistance. You may find their names and phone numbers on the Nagar Nigam website. 

      Every Indian citizen is obligated to pay property taxes. The Nagar Nigam Ghaziabad Housing Tax contributes to the upkeep of the public spaces near your home. Well-kept streets and public areas nearby also raise the value of your home. The Ghaziabad Nagar Nigam currently has authority over 3.6 lakh homes.

      Documents Required for Property Tax Name Change in Ghaziabad

      When one applies for a mutation through Ghaziabad Nagar Nigam, the following documents will be required:

      ● Latest property tax receipt

      ● Entries and a Sale Deed

      ● Certificate of No Objection

      ● Identity documents

      ● Affidavit on stamp-quality paper

      ● Certificate of Death

      House Tax Receipt for Ghaziabad

      The name of the payee, the application number, the assessment year, the location of the payment, the tax due, any extensions that have been made, any applicable cess, and the total amount of tax payable are all details included in the NNG tax receipt.

      The employee at the Nagar Nigam office will issue a receipt for payments made using cash, a credit card, a debit card, or a demand draft. An online receipt is produced immediately after payment is made through the portal.

      Every property owner is required to pay property taxes to the government. Similarly, the house tax in Ghaziabad is a significant charge levied on the populace to maintain the surroundings around their homes. It is now simpler for citizens to pay their taxes and complete the tax enrolment process at their convenience, thanks to the Ghaziabad Nagar Nigam (GNN) portal. 

      The Ghaziabad Nagar Nigam housing tax must be paid on time to prevent any penalties or higher interest rates. Remember, real estate taxes and regulations can be tough to fully understand. Fortunately, NoBroker’s team of legal and tax experts are there to help you. If you’re interested, please leave a comment below this article; our executive will be in touch with you soon. 

      FAQs

      Q. What steps must I take to register my home for the Ghaziabad Nagar Nigam house tax?

      Answer – One does not need to register to access the information if they have a copy of the Ghaziabad house tax payment receipt and the PIN listed on the receipt.

      Q. What is Nagar Nigam Ghaziabad’s official website for paying the property tax?

      Answer: Nagar Nigam Ghaziabad’s official website may be accessed at https://onlinegnn.com/.

      Q. How do I pay my Ghaziabad property taxes?

      Answer – Ghaziabad’s house taxpayers have a choice between online and offline payment methods.

      Q. What is the Ghaziabad Municipal Corporation’s phone number or email address?

      Answer: Ghaziabad Municipal Corporation’s contact email address is gzb.nagar.nigam@gmail.com, and their phone number is 0120-279-1418.

      Q. How can your name be changed on your Ghaziabad house tax bill?

      Answer: One can alter the name of the property tax on the Ghaziabad Nagar Nigam website under the “Apply For Mutation” button. The owner must pay one percent of the property’s market value as the registration fee for the property in Ghaziabad.

      Q. Which state is home to Ghaziabad?

      Answer: One of the cities in Uttar Pradesh is Ghaziabad.

      Q. Is a Ghaziabad house tax receipt required?

      Answer: Yes, the Ghaziabad House Tax Receipt is a vital communication tool.

      Q. What does property ID mean for the Ghaziabad Municipal Corporation’s online house tax payment system?

      Answer: Every residence in Ghaziabad has a 15-digit identifier called a Property ID.

      Q. How do I alter my name on the Ghaziabad property tax?

      Answer: Bring the most recent tax receipt, a certified copy of the sale contract, an application form, and, if necessary, a NOC first from the housing society. If you submit these, the description of the asset should be altered.

      Q. What is the Ghaziabad property registration fee?

      Answer – One percent of the transaction price or market value, whichever is larger, is charged for the registration of real estate.

      GVMC Property Tax – How to Calculate and Pay Tax Online or Offline in 2024

      GVMC Property Tax – How to Calculate and Pay Tax Online or Offline in 2024

      Greater Visakhapatnam Municipal Corporation is responsible for the administration of the territories that formerly fell under the jurisdiction of the Visakhapatnam Municipal Corporation (VMC) as well as the Gaju Waka Municipality and 32 more villages (GVMC). On November 21, 2005, the GVMC was officially put into force.

      The Greater Visakhapatnam Municipal Corporation (GVMC), which has authority over an area of 540 square kilometres, is an essential component of the planning body that constitutes the Visakhapatnam Urban Development Authority (VUDA). Additionally, the Corporation is responsible for the imposition of the GVMC property tax in the regions that fall within its purview.

      GVMC Online Property Tax Registration Process

      To log in to the GVMC website or establish an account, you will need to complete the procedures that are listed below:

      ● To access the GVMC website, navigate to the following URL: https://www.GVMC.gov.in/.

      ● To sign in to the GVMC website, go to the website www.GVMC.gov.in and look for a button labelled “Login/Register” in the upper right-hand corner of the page.

      ● If you have not yet registered on this site, you may do so by selecting the “register now” link and filling out the required information, which includes your username, password, name, email address, and cell phone number.

      ● After clicking on the button labelled “create OTP,” you will be sent an OTP to the cellphone number you have on file to have access to the online GVMC house tax services.

      ● The official government website for making an online payment of GVMC property taxes

      Calculation of GVMC Property Tax Online

      Do you know how to compute the value of the property tax Visakhapatnam in India? Property tax is governed in a manner that is unique to each state. The Annual Rental Value of a property is used by the state of Andhra Pradesh as the basis for calculating property tax (ARV). The actual amount of rent collected from a property is not the same as the ARV of a property, which is generated from several different criteria.

      Do you find yourself curious about the components that go into calculating the yearly rental value of your property? Let’s take a look at the factors that determine how the ARV of a property is calculated.

      ● The GVMC house tax status online payment indicates whether the property is intended for residential or commercial use.

      ● The age of the property: In Visakhapatnam, a greater rate of tax is levied on newly constructed properties in comparison to older homes.

      ● The term “plinth area” refers to the amount of a property that is covered by buildings. The plinth area encompasses the whole of the occupied space inside a building, including the interior as well as the outside walls.

      The GVMC property tax online is broken up into a total of eight different zones, which are as follows:

      ZoneName
      1Madhurawada
      2Asilmetta
      3Suryabagh
      4Gnanapuram
      5Gajuwaka
      6Vepagunta
      7Anakapalle
      8Bheemunipatnam

      Additional aspects: A property’s property tax is affected by additional aspects, such as the kind of construction it has, its size and condition, as well as its proximity to well-known landmarks and other important facilities.

      How to Pay GVMC House Tax Online?

      How to Pay GVMC House Tax Online?
      GVMC property tax direct payment portal

      Do you understand how to access your  Vizag property tax bill on the website provided by the GVMC tax online payment? Let’s take a look at the individual steps involved in being able to see and pay your GVMC tax online payment.

      1. Navigate to the Greater Visakhapatnam Municipal Corporation’s official website by going to https://www.GVMC.gov.in/. This will take you there.
      2. To make an electronic payment, go to the website’s bottom left-hand corner and look for an option labelled “e-Payment.”
      3. Select the “Property Tax / Vacant Land” option from the drop-down menu.
      4. The site will take you to the website of the Greater Visakhapatnam Municipal Corporation, which is dedicated to the collection of property taxes. The next step is to fill in the information, including the owner’s name, the door number, the assessment number, and the previous assessment number. After you have provided all of the necessary information, choose the “Search” option.
      5. You will then be able to see the GVMC property tax payment dues for your property tax and  pay the GVMC property tax payment online. The following methods may be used to make a payment: credit card, debit card, internet banking, Bharat QR, Paytm, Pura Seva app, Smart Vizag app, or any EMI.
      6. Download the receipt for the GVMC house tax payment online. You are free to take a copy of this receipt as well if you may need it for future reference.

      Instructions for making an Online Payment of the GVMC Property Tax

      In addition, you may use a mobile app known as the Pura Seva mobile application to make an online payment for  the GVMC municipal tax. The Commissioner & Director of Municipal Administration, which is part of the Government of Andhra Pradesh, is in charge of managing this application.

      The following is a list of the steps that you need to follow:

      ● The first thing you need to do is download the Pura Seva app on your mobile device.

      ● In the second step, you will need to provide the specifics of your property, including the district, municipality or corporation, and manner of payment.

      ● At this point, choose the “Submit” option from the menu.

      ● On the next page, submit the specifics of your property, such as the assessment number and the owner’s name, among other information

      ● After you have entered the information, go to Step 5 and choose the “Search” option  to search property tax GVMC. 

      ● The specifics of your property will be shown on the current page depending on the information that you have supplied. After confirming that the information shown here is accurate, you may proceed to pay your greater Visakhapatnam property tax online payment by using the “Pay Tax” button. You have a selection of payment choices available to you, including online banking, debit cards, and credit cards.

      ● At this point, you should check the status of your greater Visakhapatnam municipal corporation house tax payment, and it should reflect that the payment was completed. After that, a GVMC property tax receipt will be sent to you. You are free to save a copy of it on your computer for later use.

      Filing GMVC Property Tax Alteration

      There are many different ways to modify a property tax application. In the case of GVMC property tax, the majority of people file for an alternative for conversion of property from vacant land tax (VLT) to house tax (HT).

      1. Visit cdma.ap.gov.in and select “Online Services” to submit a request to change a VLT to HT. 
      2. Choose the property tax option under “Online Services,” then from the drop-down menu, choose “File You Addition/Alteration (Including Conversion from VLT to HT)”.
      3. The window will provide a place for you to type in district and corporation/municipality information. Choose the suitable corporation or municipality and the relevant district. 
      4. A new window will open and request the assessment number. You can file for the change by entering the necessary information.

      Filing for GMVC Property Tax  Revision

      Under the general revision petition section, residents may petition for a revision of the property tax assessed against their property. After fifteen days have passed since the Special Notice is generated, a general revision petition for the GVMC property tax may be submitted.

      1. Click on “online services” at cdma.ap.gov.in to submit a general revision petition.
      2. Select “submit your general – revision petition” from the drop-down menu under the tab “property tax.” 
      3. You will then be prompted to provide information about the district and municipality in the window. Once updated, it will take you to a popup that asks for the “assessment number” before continuing. 
      4. When you provide your assessment number, the system will direct you to submit a general correction request.

      Payment of Taxes on Real Estate Conducted Offline

      If you want to submit your payment for the property tax in a manner other than online, please proceed as follows:

      ● Step one is to go to the Purvaseva Center or Citizen Service Center that is located closest to you.

      ● In the second step, you will need to provide the relevant papers, such as the property assessment slip, its holding number, or its corresponding unique number. Make sure that your GVMC property tax is paid.

      ● After that, you will be sent a property tax receipt from the greater Visakhapatnam municipal corporation water tax online payment. You should save this receipt somewhere secure for use in the future.

      ● If you have any questions or concerns about the tax payment, you may get in touch with the GVMC by calling the hotline number that is provided for that purpose. If you choose to make your payment using the digital platform, you must monitor the progress of your GVMC property tax payment through the online portal.

      Important Information on the GVMC’s Online Approach for Paying Property Taxes

      The property tax for GVMC should be paid twice a year on the appropriate dates. By the end of June, you need to have paid the first instalment of the tax. Before the end of December, you need to have paid the second instalment of the property tax. You will be considered a defaulter if the tax is not paid within the allotted period. After then, you will be compelled to pay the amount of back taxes that are owed in addition to a penalty. The amount of the fine is equal to 2% of the total amount that is due. If you want to get a refund of 5% off your property tax, you have to pay it by the 30th of April of each fiscal year. The age of the structure is another factor that is considered when determining GVMC house tax online payment by bank atm rebates. Examining the connection between the age of the structure and the amount of the refund is the next order of business.

      ● Up to 25 years: a ten per cent discount on the ARV

      ● Above the age of 25 and up to the age of 40: a discount of 20% on ARV

      ● Above the age of 40, a discount of 30% will be applied to ARV.

      Managing and understanding your GVMC property tax is essential for residents in the Greater Visakhapatnam Municipal Corporation. With a user-friendly website and convenient online registration process, the GVMC makes it easy for you to access and pay your property tax bill. 

      By following a few simple steps, you can complete the online payment process hassle-free. Additionally, the Pura Seva mobile application offers an alternative and convenient method for making online payments. If you prefer offline payments, you can visit the nearest Purvaseva or Citizen Service Center to submit your payment. 

      It is important to remember timely payment is crucial to avoid penalties, and you may even qualify for rebates based on the age of your property. By staying informed and fulfilling your GVMC property tax responsibilities, you contribute to the overall development of the region. Take control of your property tax obligations today and ensure a smooth financial experience with the GVMC. 

      Frequently Asked Questions

      Q.1 How are you planning on obtaining your assessment number to check your GVMC property tax bill?

      To get your new assessment number, visit the GVMC website, input your previous assessment number, and make a note of your new assessment number when it appears.

      Q.2 How many different ways are there to pay the Great Valley Municipal Court property tax payment online?

      You may pay the GVMC property tax via the citizen services of the GVMC house tax online payment by debit card web, the Pura Seva app, or the Smart Vizag app on your mobile device.

      Q.3 Is it possible to pay our GVMC property tax through the internet using the Pura Seva mobile application?

      The Pura Seva mobile application may be used to make an online payment for GVMC property tax.

      Q.4 Is it possible to pay our GVMC property tax without going through the procedure of paying our GVMC property tax online?

      You can pay the GVMC property tax online by going to the Purvaseva Centre or the Citizen Service Center that is located closest to you.

      Q.5 When making an online payment for GVMC property taxes, what kinds of payment methods are available to choose from?

      Credit cards, debit cards, internet banking, the Bharat QR code, Paytm, the Pura Seva app, the Smart Vizag app, and any kind of instalment plan are all acceptable methods of making an online payment for GVMC property tax.

      Stamp Duty in Karnataka: A Detailed Guide

      Stamp Duty in Karnataka: A Detailed Guide

       When you buy a property, the government requires you to pay taxes on several factors. One such important tax is the stamp duty charges paid against a property. The stamp duty charges are determined by the applicable rates fixed by the state government. If you are in Bangalore, the charges are calculated based on the rules of the stamp duty in Karnataka. If you live in Karnataka and you are looking to buy a property, read this blog to know more about stamp duty and registration charges in Karnataka 2024.  

      Stamp Duty and Registration Charges in Karnataka 2024

      Stamp Duty and Registration Charges in Karnataka
      Stamp Duty and Registration Charges in Karnataka 2024

      While applying for a home loan, you should be aware of the prevailing stamp duty charges that you will have to pay when you buy a property. If you are looking to buy a property in Bangalore, the latest stamp duty in Bangalore apply to your condition. The stamp duty amount will be calculated based on the factors mentioned above for registration and stamp duty charges in Bangalore. 

      The stamp duty for property registration in Karnataka was slashed earlier this year in an attempt to revitalise the real estate market. The global real estate market took a major toll with the coronavirus-induced lockdowns wreaking havoc everywhere. The current stamp duty and registration charges in Karnataka are 3% for all properties worth up to Rs 45 lakhs, 2%, for properties worth up to Rs 20 lakhs and 3% for properties worth more than Rs 20 lakhs but less than Rs 45 lakhs. 

      CategoryStamp Duty in KarnatakaRegistration Charges
      Male5% (Above Rs 45 lakh)<br>3% (Rs 21-45 lakh)<br>2% (Below Rs 20 lakh)1 % of the property’s value
      FemaleSame as Male1 % of the property’s value
      Male + FemaleSame as Male1 % of the property’s value

      Stamp Duty Charges In Karnataka:

      1. For male buyers: E stamp paper charges in Karnataka: 5% of the property value for properties above Rs 45 lakh; 3% for properties between Rs 21-45 lakh; and 2% for properties below Rs 20 lakh.
      2. For female buyers: Same rates as male buyers.
      3. For male + female joint buyers: Same rates as male buyers.
      4. For male + male joint buyers: Same rates as male buyers.
      5. For female + female joint buyers: Same rates as male buyers.

      Registration Charges in Karnataka: 1% of the property value for all categories (male, female, male+female, male+male, female+female).

      Recent Development: Karnataka Government Urged to Revise Guidance Value for Property Registration

      The Confederation of Real Estate Developers’ Association of India – Karnataka and the Forum for People’s Collective Action (FPCE), advocating for homebuyers, have jointly requested the state government to reevaluate the guidance value for property registration. They propose using the guidance value at the time of the homebuyer’s sale agreement with the developer, rather than the date of property registration.

      Santosh Patil, a founding member of FPCE, emphasized that this change would alleviate the financial burden on already stressed homebuyers, especially those with loans. Suresh Hari, Secretary of CREDAI – Karnataka, noted that while luxury housing is unaffected, the increased guidance value has imposed significant pressure on mid- and lower-income housing projects.

      Karnataka to slash Stamp Duty on flats below Rs 45 Lakhs

      Latest Updates: Karnataka to slash Stamp Duty on flats below ₹45 Lakhs
      The latest amendment to the stamp duty charges act in Karnataka

      The Karnataka Legislative Assembly has amended the Karnataka Stamps Act, 1957, reducing the stamp duty on property purchases from 5% to 3%. The aim is to boost the real estate market after pandemic-induced lockdowns and address the issue of vacant flats. First-time buyers of properties worth 35 lakhs to 45 lakhs will now pay a reduced 3% stamp duty. The government plans to consider further revisions on e-stamp paper commission charges in Karnataka for other property categories.

      Karnataka House Registration Charges

      If you have taken a new property in the state of Karnataka, stamp duty and registration charges are required to be paid to the Department of Stamps and Registration, Government of Karnataka. In the case of urban areas, the surcharge is set at 2% and cessed at 10% by the BBMP. So, the effective tax rate is 5.6%. For the same property in a rural area, the buyer may have to pay a 3% surcharge leading to a higher effective tax rate of 5.65%.

      Type of FeeAmount
      Registration charge1% of the property value
      BMRDA and other Surcharges3% on stamp duty
      BBMP and Corporation Added Surcharges2% on stamp duty
      BBMP, BMRDA and Village Areas Added Cess10% on the stamp duty

      Stamp Duty Calculator Karnataka: How to Calculate Registration Charges and Stamp Duty in Karnataka

      Calculate and Pay stamp Duty in Karnataka online
      Calculate and Pay stamp Duty in Karnataka online

      The Karnataka government offers a user-friendly online tool for calculating stamp duty charges within the state. This web application efficiently computes the stamp duty based on the provided information. Here’s a step-by-step guide to calculating stamp duty and registration charges:

      Step 1: Visit the Kaveri Online Services Portal, the official platform of the Karnataka stamp and registration department, at https://kaverionline.karnataka.gov.in/Layout/Layout .

      Step 2: Navigate to the ‘Stamp Duty and Registration Fee Calculator’ tab.

       stamp Duty in Karnataka online

      Step 3: You will be directed to the calculator interface.

       stamp Duty in Karnataka online

      Step 4: Input details such as Region type, Indicative market value, and Indicative Consideration Amount.

      Step 5: Click the ‘Calculate’ button.


      NOTE: Please be aware that the figures depicted in the image serve solely as illustrative examples.

      The calculator will then display the following information

      • Government Duty
      • Surcharge Value
      • Cess Value
      • Total Stamp Duty
      • Total Registration Fees

      How to Pay Stamp Duty and Registration Fees in Karnataka

      In Karnataka, you can pay the stamp duty for property transactions through both online and offline methods. Here’s a step-by-step guide on how to pay stamp duty in Karnataka:

      Online Method: Stamp duty payment online, Karnataka

      1. Visit the official website of the Department of Stamps and Registration, Karnataka  (https://kaverionline.karnataka.gov.in/Layout/Layout)
      2. Look for the “Online Payment” or “E-Payment” section on the website’s homepage.
      3. Click on the option related to “Payment of Stamp Duty.”
      4. You will be directed to a new page where you need to select the type of document (e.g., Sale Deed, Gift Deed, Lease Deed, etc.).
      5. Enter the required details about the property, transaction, and parties involved.
      6. Calculate the stamp duty amount based on the details provided.
      7. Choose the payment method (Netbanking, credit/debit card, or other available options) and make the payment.
      8. After successful payment, you will receive a payment receipt and a digitally stamped document.

      Offline Method: Stamp duty payment offline, Karnataka

      1. Visit the nearest Sub-Registrar’s office or the designated bank authorized to collect stamp duty.
      2. Obtain the required stamp duty payment challan/form from the office or bank.
      3. Fill in the details about the property, transaction, and parties involved in the form.
      4. Calculate the stamp duty amount based on the details provided and pay the amount in cash or through demand draft.
      5. After payment, you will receive a receipt as proof of payment.

      Points to Consider Before Paying Stamp Duty in Karnataka

      Before you pay stamp duty in Karnataka, there are a few things you should think about:

      • The issuance date of the Karnataka stamp paper must be within 6 months of the transaction date.
      • Before registration, all stamp-eligible assets must be stamped.
      • Individuals participating in the transaction must sign the stamp paper.
      • The adhesive stamp that was removed during execution cannot be used again.
      • Gift Deed Registration Charges in Karnataka are transferred to a non-family member: 5% of the property’s market value plus surcharges and cess, plus a 1% registration cost of Rs.1000 + surcharge + cess and a set registration fee of Rs.500 for a transfer to a family member.

      Refund Process for Stamp Duty in Karnataka

      It’s crucial to note that the procedure for obtaining a stamp duty refund can differ from one Indian state to another. In Karnataka, if a sales deed is cancelled, property buyers have the option to request a refund of 98% of the paid stamp duty by filing a refund application.

      To initiate the stamp duty refund process in Karnataka, it is imperative to submit both the original agreement and the original cancellation deed along with the refund application. It is also advisable to reach out to the nearest sub-registrar’s office, where you can obtain specific guidance and requirements for the stamp duty refund application in Karnataka.

      Factors Affecting Stamp Duty in Karnataka

      Here are the major factors deciding stamp duty in Karnataka:

      FactorsStamp Duty Rates and Registration Charges in Karnataka
      Age and genderIn Karnataka, senior citizens pay a cheaper stamp duty rate. This has a huge impact on the charges. Furthermore, men in India must pay a 2 percent higher stamp duty. This does not apply to the state of Karnataka.
      Property locationStamp duty rates are often higher in urban areas, while stamp duty rates are lower outside of these locations.
      Property ageThe stamp duty is based on the overall worth of the house or property, with the age of the property being a significant factor. People should be aware that older homes are less costly than newer homes.
      Basic amenitiesStamp tax is greater on properties with basic amenities such as lifts and swimming pools. Property value will increase.

      Are Tax Benefits Available on Stamp Duty and Registration Charges?

      Section 80C of the Income Tax Act of 1961 allows for tax deductions on stamp duties and registration fees. The maximum deduction is ₹1,50,000. in this case.

      Commercial properties, residential plots, and resale property, on the other hand, are not entitled to this tax benefit. This tax break is only available to new homes.

      These are some important data about stamp duty and registration fees in Karnataka. Knowing the stamp duty rates and payment procedures makes the process go more smoothly.

      Stamp Duty and Registration Charges in Karnataka on Other Services

      When it comes to property transactions in Karnataka, understanding the applicable stamp duty and registration charges is essential. This table provides a comprehensive overview of the charges for various deeds, including adoption deeds, conveyances, gift deeds, lease agreements, and more.

      Sr NoDocument/DeedStamp Duty Charges (In Rs)Registration Charges (In Rs)
      1Adoption Deed500200
      2Affidavit20
      3Agreement related to Deposit of Title Deeds0.1% of Market Value (Min: Rs 500, Max: Rs 50,000)0.1% of Market Value (Min: Rs 100, Max: Rs 10,000)
      4Conveyance (including flats)5% on market value + Surcharge + Additional duty1%
      Conveyance by BDA/KHB5% on Consideration value + Surcharge + Additional duty1%
      5Exchange Deed5% on market value + Surcharge + Additional duty1%
      6Gift Deed(i) If Donee is not a family member:
      5% on market value + Surcharge + Additional duty1%
      (ii) If Donee is a specified family member:
      Rs. 1000 + Surcharge and Additional levyRs. 500 fixed
      7Lease Only(a) More than 30 yrs or perpetuityOn Market Value/AAR + advance + premium + deposit + fine (whichever is higher)
      Lease of property between Family membersRs 1000/-Rs 500/-
      8Partition(a) Non-Agriculture Properties in Municipal limitsRs 1000 per share
      (b) Agricultural Land registration charges in KarnatakaRs 250 per share
      (c) Movable propertyRs 250 per share
      9Power of Attorney (PoA)For Registration, one or more documentsRs 100
      Assigning one or more people in a single transactionRs 100
      10Reconveyance of mortgage propertyRs. 100Rs. 100
      11Release(i) When Release is not between family members5% on market value
      (ii) Between family membersRs 1000/-
      12Settlement Deed(i) Not among the family members5% on market value + Additional duty
      (ii) Property settlement between the family membersRs 1000 + Additional duty
      (iii) Settlement RevocationRs. 200
      13Surrender of LeaseRs. 100Rs. 100
      14Transfer of Lease(a) If the remaining period is fewer than 30 years5% on the consideration value
      (b) Where the remaining period is greater than 30 years5% on market value
      15Trust Deed RevocationMaximum Rs. 200Rs. 100
      16Will deedNILRs. 200
      17Will Deed CancellationRs. 100Max Rs. 200

      For instance, if you’re planning an adoption, you’ll need to pay a stamp duty of Rs 500 and a registration charge of Rs 200. On the other hand, an agreement related to the deposit of title deeds would incur a stamp duty of 0.1% of the market value, with a minimum of Rs 500 and a maximum of Rs 50,000, along with a registration charge of 0.1% of the market value, with a minimum of Rs 100 and a maximum of Rs 10,000 as per Karnataka registration act. 

      Similarly, if you’re involved in a lease agreement, the stamp duty would vary based on the lease term and whether it involves family members or not.

      Disclaim Remember, these rates are subject to change, and it’s essential to verify the latest charges with the Karnataka state government before proceeding with any property-related transactions. Always seek professional advice to ensure a smooth and hassle-free process.

      The state government’s decision to slash stamp duty and registration charges in Karnataka comes as a strong initiative to boost the property market in rural areas. However, the stamp duty in Karnataka across the most in-demand category of Rs. 50 lakhs to Rs 1 crore remains at 5%. The guidelines and regulations have also been changed recently and it can get very confusing to calculate and pay the stamp duty in Karnataka. All of this can be done in a matter of minutes with expert legal assistance from NoBroker by clicking below or just commenting on this blog and we will reach out to you. 

      FAQ’s

      Q1. What is Stamp Duty?

      Ans. The Government levies a fixed tax on the transactions of property. This tax is known as stamp duty tax. 

      Q2. How much are the BBMP cess and surcharges?

      Ans. In urban areas, the BBMP levies a 10% cess value along with a 2% surcharge on the sale of a property. 

      Q3. How much is the stamp duty in Karnataka?

      Ans. The revised rates now stand at 3% for properties valued at INR 45 lakh or less, 2% for properties valued below INR 20 lakh, and 5% for properties valued at over INR 45 lakh. This reduction in stamp duty is expected to make homeownership more accessible and affordable, providing a potential boost to the real estate sector.

      Q4. Who is responsible for maintaining and collecting the stamp duty in Karnataka?

      Ans. Department of Stamps and Registration, Government of Karnataka is responsible for collecting and maintaining stamp duty records.

      Q5. How is the stamp duty in Karnataka calculated?

      Ans. The stamp duty in Karnataka is calculated based on the guidelines set by the Department of Stamps and Registration, Government of Karnataka. The total stamp duty charges include the cess and corporation surcharges

      Complete Guide to VVMC Property Tax

      Complete Guide to VVMC Property Tax

      The Vasai Virar City Municipal Corporation’s (VVMC) website is a platform where residents may conveniently pay property tax. Additionally, customers may use it to submit a variety of service requests. You may quickly pay VVMC property tax in the Vasai-Virar area by following the procedures highlighted by 99acres. Immovable properties within the jurisdiction of Vasai Virar Municipal Corporation (VVMC) are subject to taxation. Property taxes are gathered annually by the local government from property owners to maintain public services. The size and use of property determine the tax rate. For convenience, it can be paid online using the official website maintained by VVMC.

      What is Property tax?

      Taxation is the government’s main funding source, and the amount collected determines what resources are available to citizens. Every property is a taxable asset, and the owner of the property or piece of land is responsible for paying the government an annual amount known as the property tax. This tax may be paid to the Municipal Corporation or the state government in your community, depending on government policy.

      In this meaning, “property” refers to tangible real estate in a person’s ownership, such as homes, offices, and spaces rented to other people. There have been records of farmers and peasants paying property taxes since the Middle Ages, and the idea of property tax has existed for centuries and is well-known worldwide.

      What is Property Tax Used For?

      The local Vasai Virar Municipal Corporation authority is responsible for maintaining the neighbourhood’s cleanliness and providing water, drainage, and other upgrades. All of the services that municipalities provide are paid for using money derived from property taxes. The municipal entity may refuse to connect you to water or other services if you don’t pay your property taxes, and it may even take legal action to recoup the debt if you don’t. It is a significant source of income for municipal entities.

      What are the Factors Which Affect Property Tax Amount?

      Property owners must pay the property taxes imposed on their properties by local entities (such as municipalities). The amount of a property tax can differ dramatically between localities and depends on several variables, including:

      1. The place of the property

      2. The building is finished or available for occupancy.

      3. Property Dimensions

      4. The gender of the property owner – female owners may be eligible for discounts.

      5. The age of the property owner; senior persons receive discounts.

      6. Local municipal government services offered in the area.

      Can I Calculate the Amount of Tax I Must Pay Online?

      The property tax Vasai Virar online calculator is available for use. The following details are required to receive a precise quote.

      1. Property Ward and Zone (where the property is located)

      2. The area of the property that is built up.

      3. Property Type: Hospital, open land, mixed, industrial, residential, non-residential, or hotel.

      4. Construction style – (RCC, Simple or Shed).

      5. The ward and zone standard rent for the municipal corporation.

      6. The value that may be rated.

      Convenient VVMC Property Tax Payment Methods for Vasai-Virar Residents

      Here are few simple steps following which you can easily conduct VVMC property tax payment online: 

      • Visit VVMC’s official website.
      • Locate and select the option for property taxes. You’ll be taken to a different page.
      • Fill in the tabs with the details of a property for which you wish to submit a tax payment.
      • Information on the property’s ID, location, kind, and owner should be provided.
      • The screen will show the precise VVMC property tax details amount. After verifying the information presented, move on to the payment gateway.
      • Select a practical option from the payment portal’s selection, and pay the VVMC house tax.
      • The screen will display  the VVMC property tax receipt for the payment. Download and print it as a receipt for the taxes you’ve already paid.

      How to Download VVMC Property Tax Receipt

      Once you have successfully paid your VVMC property tax, it is important to obtain a receipt for your records. The VVMC provides a simple and convenient method to download your property tax receipt. Follow the steps below to easily access and save your receipt:

      1. Visit the official website of Vasai Virar City Municipal Corporation (VVMC).

      2. Navigate to the property tax section or search for the specific option to download receipts. This information can usually be found under the “Property Tax” or “Payment History” tab.

      3. Enter the required details to retrieve your property tax information. This may include your property identification number, property location, or other relevant identification details.

      4. Once you have entered the necessary information, click on the “Submit” or “Search” button to proceed.

      5. The system will generate a summary of your property tax payment, including the transaction details and the amount paid.

      6. Look for the option to download or print your receipt. It is usually provided in a downloadable PDF format. Click on the appropriate link to initiate the download.

      7. Save the receipt to a location on your computer or mobile device where you can easily access it when needed. Consider renaming the file with a recognizable name for future reference.

      8. If desired, you can also take a printout of the receipt for physical documentation purposes.

      By following these steps, you can effortlessly download your VVMC property tax bill. Keeping a copy of your receipt serves as evidence of your payment and can be valuable for future reference, tax filing, or any other administrative needs.

      Penalties for Late Payment of VVMC Property Tax: Avoiding Consequences and Tips for Timely Payments

      According to the Vasai Virar City Municipal Corporation (VVMC), if the property tax remains unpaid after three months from the date of service of the bill, a penalty of 2% per month is levied on the outstanding amount. This means that for each month the tax goes unpaid, an additional 2% of the total tax amount will be charged as a penalty.

      For instance, let’s consider a property tax bill of Rs. 10,000. If this amount is not paid by the due date, a penalty of Rs. 200 will be imposed for the first month, followed by Rs. 400 for the second month, and so on. The penalty will continue to accumulate until the tax is paid in full.

      In addition to penalties, the VVMC has the authority to take legal action if property taxes remain unpaid. Consequences may include issuing notices, imposing fines, or potentially auctioning the property to recover the outstanding tax amount.

      To avoid late payment penalties for Vasai Virar municipal corporation property tax, consider the following tips:

      1. Pay your property tax on time: The due date for property tax payments is March 31st of each year.
      2. Set up a monthly payment plan: Contact the VVMC to explore the option of setting up a payment plan, ensuring timely and regular tax payments.
      3. Sign up for e-billing: Opt for electronic billing to receive property tax bills electronically, making it easier to keep track of payment deadlines.
      4. Communicate with the VVMC: If you are unable to pay your property tax on time, reach out to the VVMC promptly to discuss alternative payment arrangements or the possibility of obtaining a waiver of the penalty.

      By staying proactive and adhering to VVMC’s guidelines, you can avoid late payment penalties and maintain a good standing regarding your VVMC property tax obligations.

      Variables that Affect VVMC Property Tax 

      A variety of variables affect the property tax VVMC.

      • The location of a property’s ward and zone determines this.
      • In addition, the build-up or carpet area of the property affects the tax imposed.
      • Depending on the nature of the property, a different tax applies. Residential residences pay less in taxes than commercial buildings do. There are various options, including open land, homes, hotels, mixed-use developments, businesses other than residences, and hospitals.
      • Type of construction: RCC, a patra shed, or simply a plain structure
      • For the same ward, VVMC has approved the rent.
      • It is decided what the property is worth in terms of rates. This is the equation:
      • Area times twelve (12) less a standard 10% deduction equals the standard rent in this case.

      Last Day to Pay VVMC Property Tax

      The final day to pay property taxes is December 31. From this point on, a 2% fee will be charged for each subsequent month that the debt is not paid.

      Perks of VVMC Property Tax Online Payment

      The benefits of online Vasai Virar property tax payment for VVMC

      • The property owner and the municipal enterprise are notified during the proceedings.
      • The reputable portal provides details about, among other things, property tax, resolutions, and revisions.
      • To reduce difficulties, anyone with property information can pay taxes online. You don’t have to go to the municipal building and wait in line to pay your taxes. The VVCMC property tax online payment is a blessing for local property owners.
      • By choosing from several available payment methods, online transactions are straightforward to execute.
      • All individuals with access to personal information will be able to pay their VVMC property tax online. Going to the municipal building and standing in line to pay your taxes is not something you want to do. The net VVMC property tax charge is a godsend for local property owners.

      How to Pay Tax in Person at the Main Office of Vasai Virar City Municipal Corporation?

      Anyone who desires to do so may pay their property taxes at one of the Property Tax Collection Centres in Vasai-Virar. Visit the Vasai Virar City Municipal Corporation (VVCMC Head Office) at the Virar Police Station in the Virar East neighbourhood of Maharashtra at (401) 305 Bazaar Street.

      Helpline and Contact Information for VVMC Property Taxes

      For any questions regarding Vasai Virar property tax, property owners can call the numbers listed below:

      • VVMC Contact Number: 8828137832 for the helpline
      • Email address: propertytax.vvmc@gov.in.
      • Operating hours: From Monday through Friday, 10:00 am to 6:00 pm

      Property-related taxation and laws can be tricky to understand and may prove to be a major hurdle if you are not updated about the latest happenings. NoBroker has some of the most experienced property and real estate experts that can help solve any issues that you may be facing. If you’re interested in a free consultation, please leave a comment below this article; our executives will be in touch with you soon.

      FAQ’s

      Q1. What is the phone number and hours for the help desk? (Note that this is distinct from office working hours)

      Ans. The help desk can be reached at 8828137832, open from Monday through Sunday from 9 am to 8 pm (whole week).

      2. How can I download the Vasai Virar property tax receipt download?

      Ans. A confirmation message will be sent to your mobile number after the payment has been made, and the receipt will be sent to the email address you have on file. Zone, ward, and property numbers can also be entered on the VVCMC website. Once the information about your property has been shown, you can examine the download receipt option.

      3. Is there a discount for paying over five years?

      Ans. You can pay over five years, but the discounts are only good for 15 days after the bill is received. (The bill indicates the date it was received.)

      4. Can my name on my property tax be changed?

      Ans. Yes, but this feature is not accessible online; for additional information, go to the VVMC office closest to you.

      5. Is it possible to reach VVCMC directly with questions or service requests?

      Ans. Contact VVCMC via phone at 8828137832 or by email at propertytax.vvmc@gov.in.

      6. Should renters be taxed?

      Ans. Renters don’t have to worry about paying property taxes because the owner is in charge.

      7. Are the homes that are exempt from paying property taxes?

      Ans. Usually, government structures, houses of worship, and embassies abroad are excluded from paying property taxes. Property taxes are also not applied to clean land.

      A Comprehensive Step-by-Step Guide to Property Tax Coimbatore Online Payment

      A Comprehensive Step-by-Step Guide to Property Tax Coimbatore Online Payment

      Property tax is a direct tax levied by the local government on properties, including residential, commercial, and industrial properties, within its jurisdiction. The Coimbatore Municipal Corporation (CCMC) is responsible for assessing and collecting property tax in Coimbatore. 

      The Coimbatore City Municipal Corporation, the municipal body that administers the city of Coimbatore in the Indian state of Tamil Nadu, receives a significant portion of its income from the collection of property taxes. 

      The tax amount is determined based on the annual rental value or the capital value of the property, depending on the type of property and the prevailing guidelines set by the municipal corporation. This blog will cover the different aspects of paying house taxes in Coimbatore.

      How to Pay Coimbatore Property Taxes Online in Coimbatore?

      Coimbatore has embraced digitalization by offering online payment options for property taxes. Here’s how –

      1. Navigate to the official website of Coimbatore City Municipal Corporation

      2. Under the Online Tax Payment tab, click on Pay Your Taxes Online.

      3. You will be redirected to the CCMC login page. Here, under Quick Links click on Quick Payments

      4. Under the Make Payment tab, select Property Tax

      5. You will be redirected to the Payments page, here, select the municipality corporation. Enter the Assessment Number and Old Assessment Number. 

      6. The payment page will be displayed on the screen. Select your preferred payment gateway and click on Make Payment.

      7. On successful payment, you will receive an acknowledgement receipt. Save it for future reference.

      Property Tax Payment Receipt: CCMC

      Upon the successful completion of the Coimbatore Corporation’s property tax online payment process, a comprehensive property tax online receipt will be generated. This receipt will serve as proof of payment and will contain all the necessary details pertaining to the transaction. 

      The details include the unique application number, assessment year, amount of property tax due, designated payment site, any applicable cess, advances made, and the total payable amount for the Coimbatore corporation property tax online payment.

      This receipt acts as an official document, providing a clear record of the payment made towards Coimbatore’s property tax, and serving as a reliable reference for future inquiries and documentation purposes.

      Documents Needed to Make an Online Payment for The Coimbatore Property Tax

      You must have all the necessary paperwork before you try to beat the deadline for paying the property tax in Coimbatore. The following papers are necessary to conduct an assessment of property tax:

      • Form for requesting an assessment of property taxes
      • Evidence of one’s ownership of property
      • Official documents of both the approved construction plan and the building licence

      Coimbatore Property Tax Calculator

      To determine your Coimbatore Corporation property tax dues CCMC offers an online property tax calculator. This user-friendly tool enables property owners in Coimbatore to calculate their property tax obligations accurately before proceeding with their online home tax payments. 

      To use the calculator, you will need to provide the following information:

      • Total Building Plinth Area 
      • Approved Building Area 
      • Unapproved Building Area
      • Building Usage 
      • Building Location
      • Building Type 
      • Age of the Building 
      • Ward 

      CCMC determines the assessed value of your property, which is based on the market value determined by an independent appraiser. The tax rate applied to your property is set by the CCMC, taking into account factors such as property type, location, and assessed value.

      To fulfil your property tax obligations, you are required to make two instalment payments each year. The due dates for these instalments are March 31 and September 30. By adhering to these payment deadlines, you can ensure timely and proper payment of your property tax to the CCMC.

      When assessing the property tax, factors such as the market’s prevailing rent per square foot for similar properties are taken into consideration, especially if the property is intended for owner occupation. In such cases, the rent per square foot serves as an indicator of the property’s monthly rental value (MRV). 

      On the other hand, if the property is leased, the MRV specified in the rental agreement is considered for the assessment. These factors play a vital role in determining the property tax amount accurately.

      How to Make an Offline Payment for the Property Tax in Coimbatore?

      There are two convenient options available to make your Coimbatore property tax payment: paying at the ward office or an authorized bank or e-Seva centre. Here’s how you can proceed with each method:

      Paying at the Ward Office

      a. Visit the ward office located in the area where your property is situated.

      b. Carry the following essential documents with you:

      1. Property tax assessment number
      2. Proof of identity (e.g., Aadhaar card, driving license, passport)
      3. Proof of address (e.g., electricity bill, water bill, rent agreement)

      c. Complete the payment slip provided by the ward office and pay the outstanding amount.

      d. Upon successful payment, you will receive a receipt as proof of your transaction.

      Paying at an Authorized Bank or e-Seva Centre:

      a. Locate an authorized bank or e-Seva centre in Coimbatore that accepts property tax payments.

      b. Gather the following necessary documents:

      1. Property tax assessment number
      2. Proof of identity (e.g., Aadhaar card, driving license, passport)
      3. Proof of address (e.g., electricity bill, water bill, rent agreement)

      c. Present the required documents to the staff at the bank or e-Seva centre and make the payment for the due amount.

      d. Following a successful transaction, you will be issued a receipt to serve as proof of your payment.

      Additionally, in Coimbatore, several authorized banks and e-Seva centres accept property tax payments. Some of the recognized banks include: 

      • City Union Bank
      • Canara Bank
      • HDFC Bank
      • Indian Overseas Bank
      • IDBI Bank
      • Karur Vysya Bank
      • Kotak Mahindra Bank
      • Lakshmi Vilas Bank
      • Tamilnad Mercantile Bank

      How do I Change my Name in Coimbatore’s Online Property Tax Filing?

      Citizens can submit applications for name transfers on property tax using the CCMC site. A person must provide the company with an application and supporting documentation. Application forms may be picked up at the information

      centre in any ward office.

      The necessary documents for changing one’s name on a paid property tax online Coimbatore

      • The legally required proof of ownership papers
      • documents establish your right to inherit the property if the current owner passes away.
      • If the former owner passes away, a copy of their death certificate.
      • A recent copy of the receipt for taxes that have been paid

       Property Tax Payment Deadline in Coimbatore

      Payments for property taxes are typically due on the 31st of March and the 31st of September of each year. If you cannot pay the tax by the deadline, you will be subject to a penalty equal to one per cent of the entire tax amount for each month you are late.

      The following calculation may be used to determine your half-yearly property tax online payment in Coimbatore:

      Total property tax = Annual property tax / 2

      1. Annual property tax = Assessed value of property x Tax rate
      2. Assessed value of property = Market value of property x Depreciation factor
      3. Market value of property = (Total built-up area x Building usage rate) + (Land value)

      CCMC Water Tax Payment: Online

      Coimbatore residents are provided with a convenient option to make online payments for various municipal services through the official Coimbatore City Municipal Corporation portal. The portal not only enables citizens to pay their water tax electronically but also offers the flexibility to pay Coimbatore corporation house tax and property tax online.

      To access this facility, individuals need to log in to the portal, where they can conveniently manage and settle their water tax obligations digitally. This streamlined process saves time and effort for the residents of Coimbatore, ensuring a more efficient and user-friendly experience for online transactions related to municipal taxes.

      Tax Breaks and Exemptions on Real Estate Transactions in Coimbatore

      If you own property in the city of Coimbatore, you are eligible for one of two different kinds of tax deductions:

      • The deduction that is standard
      • The interest that is accrued on a loan.

      If the income from your home(s) is more than 30 percent of their combined yearly net worth, then that income is exempt from taxation. This restriction, however, does not apply to you if you own the house in which you reside.

      The interest that is paid on the principal amount of a home loan that is used for the purchase, renovation, or building of a house is exempt from taxation. In this scenario, you have a legal obligation to submit an application for interest exemptions on the principal amount prior to acquiring the Coimbatore property tax payment online or finishing the building work on it.

      Paying property tax in Coimbatore (online or offline) is fairly easy but knowing how the property tax is calculated can be tricky. If you need help in addressing queries regarding property tax calculation or payment, you can consult the experts at NoBroker. They will understand your problems and guide you to the best solution. If interested, please leave a comment below this article; our executive will be in touch with you soon.

      FAQs

      Q. Does Coimbatore municipal corporation have a website?

      Yes, the website URL of Coimbatore municipal corporation is https://www.ccmc.gov.in/ccmc/

      Q. Where can I get the Coimbatore Property Tax receipt that I can download?

      According to the information provided in this article, the receipt for the Coimbatore Property Tax may be created when an online payment has been made on the official site maintained by the CCMC. You may acquire a hard copy of the receipt by downloading it and then using it.

      Q. When is the deadline for making payments on the property tax in Coimbatore?

      The 31st of March and the 31st of September are typically the dates by which payments related to property tax in Coimbatore are expected to be made.

      Q. What is the Tax on water collected by the Coimbatore Municipal Corporation

      The official CCMC site, which allows residents of Coimbatore to pay their property tax online, also offers the capability for residents of Coimbatore to pay their water tax online. Residents can log in to the site to pay their water taxes electronically.

      Q. Can you pay property tax in Coimbatore via credit and debit cards?

      Yes, you can pay property tax in Coimbatore via credit and debit cards.

      Demystifying TDS on Commission under Section 194H of the Income Tax Act

      Demystifying TDS on Commission under Section 194H of the Income Tax Act

      Commission or brokerage is a fee a broker or agent charges for their services in facilitating a transaction between two parties. It is a form of compensation for the broker’s time, effort, and expertise in matching buyers and sellers, negotiating the transaction terms, and completing the paperwork.

      What is Section 194H of the Income Tax Act, of 1961?

      Section 194H of the Income Tax Act, 1961 deals with Tax Deduction at Source (TDS) on commission or brokerage by a resident individual. Under this section, any person (except for an individual or Hindu Undivided Family) paying commission or brokerage to a resident person is liable to deduct TDS at 5%. 

      The TDS should be deducted either at the time of payment or credit of the commission or brokerage, whichever is earlier. However, this section does not include commissions earned through insurance sales. If the payable amount exceeds INR 15,000, the TDS is mandatory. The individual who pays the commission or brokerage is liable for TDS under Section 194H since the commission or brokerage is a source of income.

      When Does TDS under Section 194H Need to be Deducted?

      Under Section 194, entities are authorised to deduct TDS in two situations: 

      1. When commission or brokerage amount is credited to the payee’s account
      2. When commission or brokerage is paid to the payee’s account through cash, demand draft or cheque. 

      Note: TDS is typically deducted between April and February and must be deposited by the 7th of the following month. For instance, if TDS on brokerage is deducted on 15th April, it must be deposited on or before 7th May.

      Exemption on TDS on Commission

      • TDS is not applicable when the amount of brokerage or commission is less than Rs. 15000 in a fiscal year.
      • If employers pay commissions to employees, TDS is deducted under Section 192.
      • Commission accrued on insurance income is exempt from TDS, and commission paid to loan underwriters is excluded from TDS on commission.
      • Individuals holding lower TDS or NILTDS certificates from an authorized body are exempt from TDS.
      • Payments made to the Financial Corporation under the purview of the central finance bill are exempt from TDS.
      • Charges for providing warehouse services are also exempt from TDS.
      • Interest accrued from the NRE account and payouts made by the Reserve Bank of India to banking institutions are exempt from TDS.
      • Income generated from interest accrued on a savings account, recurring deposits, NSC, Kisan Vikas Patra, Indra Vikas Patra, etc., are exempt from TDS.
      • Brokerage paid for issuing securities to the public is exempt from TDS.
      • The commission charged on debit or credit card transactions between an acquirer bank and a merchant establishment is not included in Section 194H of the Income Tax Act.

      What is the Interest Rate under Section 194H [TDS on Commission]?

      The current rate of TDS on commission is 5%. However, it is worth noting that the rate was reduced to 3.75% for transactions conducted between May 14, 2020, and March 31, 2021. It is also important to note that if the commission or brokerage paid to a resident person exceeds Rs.15,000 in a year, TDS must be deducted at a rate of 5%. 

      If the deductee does not quote PAN, the rate of TDS on commission will be 20% in all cases. Additionally, TDS on commission applies to individuals and organizations that pay commission, including payments, commission, etc., on the sale of lottery tickets. Those who wish to apply for a lower TDS rate on commission may do so by filling out Form 13 and submitting it to the assessing officer under Section 197 of the Income Tax Act.

      Note: The exemption of TDS on interest from listed debentures has been removed, meaning that tax has to be deducted on interest on such specified securities 

      Under What Circumstances TDS u/s 194H is Not Deductible?

      TDS u/s 194H is not deductible in certain circumstances:

      • If the amount or aggregate amounts of income to be credited or paid during the financial year are at most INR 15,000, no deduction shall be made under this section.
      • Furthermore, if the amount of such income or the aggregate of such income credited or paid or likely to be credited or paid during the financial year to the account of or the payee does not exceed the prescribed limit, then no TDS u/s 194H is deductible. 
      • Additionally, TDS deduction under section 194H shall not apply to the payment of insurance commission, as this is covered under section 194D. 

      Note: The TDS rate for commission u/s 194H is 5%, with no surcharge or Health & Education Cess, and the rate of TDS will be 20% in all cases if the deductee does not quote PAN.

      What is the Time Limit for Depositing TDS?

      The time limit for depositing TDS (Tax Deducted at Source) on Commission varies depending on the payment entity. 

      • If the payment is made by or on behalf of the government, TDS must be deposited on the same day without using any challan form. 
      • For payments made in any other case, TDS must be deposited on or before seven days from the end of the month in which the deduction is made, accompanied by an income tax challan.

      Note: 

      1. A late filing fee may apply if TDS is not filed within the due date. The amount of the late filing fee varies depending on the delay in filing and the TDS amount due.
      2. If TDS is not deposited in whole or in part, interest at a rate of 1.5% per month or part of the month will be charged for the period from the date TDS was deducted to the actual date of deposit. 

      When Can Entities Claim NIL Tax or Lower Deduction Under Section 194H?

      The TDS under Section 194H of the Income Tax Act applies to commission or brokerage payments. TDS must be deducted under Section 194H when the amount of commission or brokerage is credited to the payee’s account or paid to the payee’s account through cash, demand draft, or cheque.

      However, under Section 197 of the Income Tax Act, 1961, entities can apply for a lower or NIL tax TDS certificate from the Income Tax Department. To be eligible for a lower or NIL-tax TDS certification under Section 197, the total income tax liability of the entity should be lower than the amount of TDS deducted in a given fiscal year. This means that if the TDS deducted is more than the total income tax liability, the entity can claim a lower TDS certificate to reduce the amount of TDS deduction.

      The required documents include the following:

      • Copies of assessment orders of the last three fiscal years
      • PAN card
      • Financial statement and audit report of the previous three fiscal years
      • Income statement for the last 3 fiscal years and projection of earnings for the current fiscal year 
      • Income tax returns of the last 3 fiscal years with acknowledgement and enclosures
      • TDS account number of paying parties, and e-TDS returns of the last 2 fiscal years

      How Can NoBroker Help?

      Section 194H of the Income Tax Act of 1961 is of significant importance regarding TDS on commission and brokerage. It mandates the deduction of TDS by the payer on any commission or brokerage exceeding INR 15,000 at a rate of 5%. This section aims to ensure that the government receives a certain percentage of the income generated through such transactions and to prevent tax evasion. 

      NoBroker Legal Services can assist with complying with Section 194H of the Income Tax Act, 1961, which pertains to TDS on commission and brokerage payments. Our team of experts can provide guidance on the legal requirements of this section and help ensure compliance by assisting with TDS deductions and filing returns. Additionally, the team can advise on the time of TDS deduction, which should be done at the earlier time of credit of commission or brokerage to the payee’s account or the time of payment in cash or other modes.

      FAQ’s

      Q1. What is the minimum TDS percentage for commission as per Section 194H of the Income Tax Act, 1961?

      Ans. Section 194H of the Income Tax Act mandates a tax deduction of 5% on commission or brokerage payments made to resident individuals or entities when the amount exceeds Rs. 15,000 in a financial year. The rate was 3.75% from May 14, 2020, to March 31, 2021, at a reduced rate as per COVID-19 relief measures.

      Q2. How can I file a TDS return for commission payments?

      Ans. To file a TDS return for commission payments, you must provide details about each deductee, including PAN, name, status, the amount paid, TDS deducted, date of deduction, date of payment/credit, and the section under which TDS is deducted. You can file TDS returns online through the government’s e-filing website or seek assistance from a qualified tax professional.

      Q3. Which ITR form should I use for reporting commission income?

      Ans. If you have earned income from commission or brokerage, you must report it under the head “Profits and Gains from Business or Profession” while filing income tax returns. You should use the ITR-3 form if you are a partner in a partnership firm or a business proprietor, including those earning commission income.

      Q4. How can I save tax on commission income?

      Ans. You can claim various deductions and exemptions to reduce your taxable income and save tax on commission income. Some standard deductions include professional expenses, rent, interest on business loans, and depreciation on business assets. You can also invest in tax-saving instruments such as National Pension Scheme (NPS), Public Provident Fund (PPF), Equity-Linked Saving Scheme (ELSS), etc., to claim deductions under section 80C of the Income Tax Act. 

      Q5. Who is responsible for deducting TDS on commission payments?

      Ans. As per Section 194H of the Income Tax Act, any person, except an individual or a Hindu Undivided Family, who pays commission or brokerage to a resident exceeding Rs. 15,000 in a financial year is liable to deduct TDS. The TDS must be deducted at 5% and deposited with the government by the 7th of the subsequent month.

      Understanding Society Share Certificates in India: A Comprehensive Guide

      Understanding Society Share Certificates in India: A Comprehensive Guide

      As a homeowner or real estate investor, you might have heard about society share certificates. But, do you know what they are and why they are important? In simple terms, society share certificates are documents issued by housing societies to their members, representing their share in society. They are an essential document for anyone who owns a flat or property in a housing society. As a homeowner or real estate investor, society share certificates hold significant value for you. They provide legal proof of your ownership and share in society. Without a society share certificate, it becomes difficult to prove your ownership and your rights in society.

      The purpose of this blog is to help you understand society share certificates, their importance, and how to manage them effectively. We will discuss the issuance of society share certificates, the share certificate housing society format, society share certificate rules, and the process of transfer of share certificate of society in case of death. We will also delve into the legal perspective of society share certificates, the rights and obligations of share certificate holders, and common issues and solutions.

      What is a society share certificate?

      society share certificates
      [Secure your ownership with a society share certificate.]

      Apart from these basic details, the society may also include additional information on the share certificate such as the share transfer rules, the society bylaws, and the rights and obligations of the share certificate holders. It is essential to understand these rules and regulations as they are binding on all the society members and can have legal implications in case of any disputes. When a housing society share certificate in joint names is issued, both parties hold equal rights to the share.

      In some cases, the society may also issue duplicate share certificates in case of loss or damage of the original certificate. The process for obtaining a duplicate share certificate may vary from society to society, and it is advisable to consult the society’s bylaws or seek legal assistance in case of any confusion.

      What sets apart a Share Certificate from a Conveyance Deed?

      society share certificates
      [A share certificate is essential: proof of ownership, voting rights and dividends. Possess it and reap the benefits.]

      While a share certificate and a conveyance deed might seem similar, they serve different purposes. A conveyance deed is a legal document that transfers ownership of property from the builder or developer to the housing society. On the other hand, a share certificate is a document issued by the society that certifies the ownership of shares in the society by its members.

      One of the significant differences between a share certificate and a conveyance deed is that while a conveyance deed is a legal requirement mandated by law, a share certificate is not. However, a share certificate is essential as it serves as proof of ownership of shares in society. The share certificate is a valuable document that every member must possess as it not only establishes the member’s ownership but also the member’s voting rights and entitlement to dividends or profits from the society.

      Another significant difference between a share certificate and a conveyance deed is the process of issuance. A conveyance deed requires stamp duty to be paid to the government, which varies from state to state. In contrast, a share certificate does not require any stamp duty payment. However, the society may charge a nominal fee for the issuance of a share certificate.

      It is crucial to understand the difference between a share certificate and a conveyance deed to avoid any confusion regarding the ownership of the property or shares in society.

      What is the purpose of a Share Certificate in India?

      society share certificates
      [A share certificate in India is a legal document establishing ownership, voting rights and dividends of a housing society.]

      The primary purpose of a share certificate in India is to establish ownership of shares in a housing society. It is a legal document issued by the society to its members, certifying the number of shares held by the member of the society. It also establishes the member’s voting rights and entitlement to dividends or profits from society.

      The share certificate is an essential document for every member of society, and it is crucial to obtain it immediately after becoming a member of society. It serves as proof of ownership, which can be used to obtain loans, sell the shares or transfer ownership to another person.

      In case of any dispute or conflict, the share certificate serves as evidence of the member’s ownership of shares in society. It also helps in maintaining transparency and accountability in society’s affairs, as every member can verify their shares’ ownership and entitlements.

      What are the essential steps to follow while issuing a Share Certificate?

      society share certificates
      [Verify member details, prepare and record share certificate, then deliver it to the member.]

      Issuing a share certificate is a crucial process that must be done with utmost care and accuracy. The following are the essential steps to follow while issuing a share certificate:

      1. Verify the member’s details: The society must verify the member’s details, such as their name, address, and shareholding, before issuing the share certificate.
      2. Prepare the share certificate: The share certificate must be prepared in the prescribed format and signed by the authorized signatories.
      3. Record the share certificate: The society must maintain a record of the share certificate issued, including the member’s name, shareholding, and the date of issuance.
      4. Deliver the share certificate: The share certificate must be delivered to the member in person or by registered post.
      5. Update the share register: The society must update its share register to reflect the issuance of the share certificate to the member.

      Issuing a share certificate involves legal compliance and must be done in accordance with the laws and regulations governing housing societies in India. Let’s learn about them in our next section. 

      A legal perspective on society share certificates

      society share certificates
      [Share certificate holders are required to pay maintenance charges for the upkeep and maintenance of society amenities, with the right to transfer the certificate upon death.]

      Rights and obligations of share certificate holders

      As a society share certificate holder, you have certain rights and obligations that are defined by the society’s bylaws and the applicable laws. These rights and obligations include:

      1. Right to attend and vote in society meetings: As a share certificate holder, you have the right to attend and vote in society meetings. You can voice your opinions and concerns and participate in the decision-making process of the society.
      2. Obligation to pay society maintenance charges: Share certificate holders are required to pay maintenance charges to the society on a regular basis. These charges are used for the upkeep and maintenance of the common areas and amenities of the society.
      3. Right to transfer of share certificate of society in case of death: The share certificate holders have the right to transfer their share certificate to another person subject to the society bylaws and the applicable laws.
      4. Obligation to comply with society bylaws: Share certificate holders are required to comply with the society bylaws and regulations and follow the rules and guidelines laid down by the society.

      Importance of proper documentation

      Proper documentation is essential when it comes to society share certificates. The share certificate is a legal document that establishes your ownership and share in society. It is important to ensure that the share certificate contains accurate and updated information.

      In case of any changes such as a change in the name of the member, transfer of shares, or any other modifications, it is important to get the necessary documentation done and update the share certificate accordingly. Failure to do so can result in legal complications and disputes in the future.

      Common issues and solutions

      There can be various issues and disputes that may arise in connection with society share certificates. Some common issues include disputes over ownership, transfer of shares, and non-payment of maintenance charges.

      It is important to seek legal assistance and follow the proper legal society share certificate transfer procedures to resolve these issues. In some cases, it may also be helpful to seek the services of a professional property management company like NoBroker, which can help manage the society share certificates and ensure compliance with the applicable laws and regulations.

      How to transfer name in society share certificates?

      society share certificates
      [Transfer society share certificate in case of death or sale: Submit legal documents to society for transfer.]

      Process of transfer of share certificate of society in case of death

      In case of the death of a member, the society share certificate can be transferred to the legal heir of the deceased member. The legal heir needs to provide relevant legal documents such as a death certificate, a succession certificate, or a will to society. The society will then transfer the share certificate to the legal heir.

      How to add name in society share certificate?

      If you have recently got married or have had a new family member, you can add their name to the society share certificate. The process involves submitting the necessary documents such as a marriage certificate or a birth certificate to society.

      Process of society share certificate transfer

      If you are selling your property or flat, you need to transfer the share certificate of flat to the buyer. The process involves submitting a transfer request to the society along with relevant legal documents such as the sale deed and the no-objection certificate from the society.

      How can you obtain a duplicate Share Certificate in India?

      The loss of share certificate of housing society can happen to anyone. In case a member loses their share certificate or it gets damaged, they can obtain a duplicate share certificate by following the steps mentioned below:

      1. Lodge a complaint with the society: The first step to obtaining a duplicate share certificate is to lodge a complaint with the society. The member must inform the society about the loss or damage of the share certificate and request a duplicate certificate.
      2. Provide necessary documents: The member must provide necessary documents such as an FIR (in case of loss), an affidavit stating the reason for the loss, and a request letter for the issuance of a duplicate share certificate.
      3. Pay the requisite fee: The society may charge a nominal fee for the issuance of a duplicate share certificate. The member must pay the requisite fee to the society.
      4. Obtain a no-objection certificate: The society may ask the member to obtain a no-objection certificate from the bank if the share certificate was pledged as collateral for a loan.
      5. Verification process: Once the member provides all the necessary documents and pays the requisite fee, the society will initiate the verification process to confirm the member’s ownership of the shares.
      6. Issue of duplicate share certificate: After verifying the documents, the society will issue a duplicate share certificate to the member.

      It is important to note that the issuance of a duplicate share certificate involves a legal process and must be done in accordance with the laws and regulations governing housing societies in India. Also, it is essential to inform society immediately after losing the share certificate to avoid any unauthorized transfer of shares. The member should take necessary precautions to prevent the loss or damage of the share certificate by storing it in a safe place and avoiding unnecessary handling.

      Simplify your property transactions with NoBroker: A hassle-free solution for Society Share Certificates and more.

      Property share certificates are an essential aspect of owning property in a society in India. They are proof of ownership and play a crucial role in the transfer of ownership and pledge of shares. It is important for members of housing societies to understand the process of issuing and obtaining Society Share Certificates and to follow the necessary legal procedures to avoid any disputes or legal issues.

      In addition, if you are looking to buy, rent, or sell a property in a gated society, NoBroker is the platform for you. NoBroker provides hassle-free property transactions without any brokerage fees, making it the most cost-effective option for property owners and seekers alike. The platform offers a wide range of properties and services that cater to the diverse needs of its users.

      Moreover, NoBroker Legal services provide a convenient way for property owners to navigate the complexities of real estate laws, including the process of obtaining and issuing share certificates. With the help of NoBroker’s legal experts, property owners can rest assured that their transactions are legally sound and free of any legal hassles.Overall, owning a property in a housing society in India can be a rewarding experience, but it comes with certain responsibilities and legal obligations. It is important to stay informed and updated about the regulations and processes related to housing societies to avoid any legal complications. And NoBroker is here to help you with all your property needs, providing you with a one-stop solution for all your real estate transactions and legal requirements. Click on this link to explore the wide span of NoBroker’s property buying and selling services

      FAQ’s

      Q1. What is society share certificate? 

      A1. A society share certificate is a document that certifies ownership of shares in a cooperative society. It contains details such as the name of the shareholder, the number of shares held, and the nominal value of each share.

      Q2. Who can issue a society share certificate? 

      A2. A society share certificate can be issued by the cooperative society to its shareholders. The certificate should be signed by the authorized signatories of the society and should bear the common seal of the society. 

      Q3. What is the importance of a society share certificate? 

      A3. A society share certificate is important as it serves as proof of ownership of shares in a cooperative society. It can also be used as collateral for obtaining loans from banks and financial institutions. 

      Q4. Can a society share certificate be transferred? 

      A4. Yes, a society share certificate can be transferred from one person to another through a transfer deed. The transfer deed should be executed by the transferor and transferee and should be registered with the society. The society will then issue a new share certificate in the name of the transferee. 

      Q5. What is the procedure for obtaining a society share certificate? 

      A5. To obtain a society share certificate, you should first become a member of the cooperative society by subscribing to its shares. Once you have become a member, you can apply for a share certificate by submitting an application for a share certificate from the society along with the required society registration documents and fees. The society will then issue the share certificate to you. 

      Save on Taxes with HRA: Everything you need to know about house rent allowance under section 10 13A

      Save on Taxes with HRA: Everything you need to know about house rent allowance under section 10 13A

      Are you a working professional, landlord, or employee wondering about the House Rent Allowance (HRA) under Section 10 13A of the Income Tax Act? Well, you have come to the right place. In this blog, we will give you a comprehensive understanding of house rent allowance under Section 10 13A, its calculation, benefits, and how to claim HRA exemption while filing income tax returns.

      What is the House Rent Allowance Under Section 10 13A?

       house rent allowance under section 10 13A
      [Employers can provide tax-saving HRA benefits to employees, helping both save on taxes.]

      HRA is a salary component provided by the employer to the employee to meet the expenses of renting a house. Section 10 13A of income tax act governs the rules for claiming HRA exemption. HRA is a common component in the salary package for employees, and it is beneficial for both the employer and employee. The employer gets tax benefits while the employee saves on taxes.

      Why is House Rent Allowance under Section 10 13A for working professionals, landlords, and employees important?

      HRA section 10 13A is crucial for both working professionals and landlords. For working professionals, it helps them save taxes and reduces their rental expenses. For landlords, income tax Section 10 13A is a deciding factor for tenants while looking for a rental property. As an employee, you should understand the HRA calculation to know how much HRA you can claim and how much tax you can save.

      What is House Rent Allowance under Section 10 13A?

      HRA is a salary component given to employees by the employer to cover their rental expenses. HRA is applicable only if the employee pays rent for a residential property. The property can be owned by anyone, including family members or spouse, but not by the employee themselves. HRA is applicable to both government and private employees.

      Types of expenses covered under House Rent Allowance under Section 10 13A

      HRA covers expenses related to renting a house, including rent paid for the property, maintenance charges, and other similar expenses. However, HRA does not cover expenses like electricity charges, water charges, or parking charges.

      Expenses Covered by HRAExpenses Not Covered by HRA
      Rent paid for the propertyElectricity charges
      Maintenance chargesWater charges
      Other similar expensesParking charges

      Factors affecting House Rent Allowance under Section 10 13A calculation

      If you are worried about how to calculate House Rent Allowance under Section 10 13A, the amount of HRA is calculated based on the employee’s salary, the rent paid, and the city of residence. The HRA calculation also depends on whether the employee lives in a metro city or non-metro city. The HRA calculation is a complex process, and it is advisable to use an online House Rent Allowance under Section 10 13A calculator to calculate the exact amount.

      Maximum HRA limit under Section 10 13A

      The maximum House Rent Allowance under Section 10 13A is calculated as the minimum of the following three amounts:

      • Actual HRA received from the employer
      • 50% of basic salary for employees living in metro cities (40% for non-metro cities)
      • Rent paid minus 10% of basic salary

      Understanding HRA Exemption Rules and Calculation in FY 2023

       house rent allowance under section 10 13A
      [Claim HRA tax exemption by providing rent receipts and rental agreements to your employer.]

      House Rent Allowance under Section 10 13A (HRA) is a vital component of the salary structure of many employees in India. It is a tax exemption provided by employers to employees to help them pay rent for the accommodation they live in. HRA is governed under Section 10(13A) of the Income Tax Act, which provides an exemption from income tax for HRA received by salaried individuals. The amount of exemption depends on the actual rent paid, the salary of the employee, and the location of the rented accommodation.

      To claim HRA exemption, it is important to understand the rules and calculation method. The exemption amount can be calculated using an HRA calculator or manually. The actual rent paid minus 10% of the basic salary and HRA received by the employee is the exemption amount. However, the exemption amount cannot exceed the actual HRA received by the employee.

      Eligibility for HRA tax exemption is determined based on several factors, including the employee’s salary, the actual rent paid, and the city of residence. To claim the HRA tax exemption, employees must provide proper documentation, such as rent receipts and rental agreements, to their employer.

      The calculation of HRA tax exemption is also based on several factors, such as the employee’s basic salary, HRA component of the salary, and the actual rent paid. The HRA tax exemption can be calculated using a simple formula provided by the Income Tax department, and there are also several online HRA calculators available to help employees accurately calculate their HRA tax exemption. It is important to keep proper documentation, such as rent receipts, rental agreements, and salary slips, to claim the HRA exemption while filing income tax returns. Any mistake or incorrect information can result in legal issues with the tax authorities.

      Calculation of HRA Under Section 10 13A

       house rent allowance under section 10 13A
      [Calculate HRA easily with three simple steps: Actual rent paid, HRA received and Salary.]

      Calculating HRA under Section 10 13A can seem daunting at first, but it is a straightforward process that can be broken down into a few simple steps. To calculate HRA, you will need to determine the following:

      • Actual rent paid: This refers to the actual amount of rent paid by the employee to the landlord for the rented property.
      • HRA received: This refers to the amount of House Rent Allowance under Section 10 13A received by the employee from their employer.
      • Salary: This includes basic salary, dearness allowance (if any), and any other taxable allowances.

      Once you have determined these figures, you can use the following formula to calculate your HRA:

      HRA = (Actual rent paid – 10% of salary) x HRA received percentage

      The 10% of salary mentioned here is the minimum amount that needs to be deducted from the salary for HRA calculation purposes. The HRA received percentage can vary depending on the city in which the employee is living. For metro cities, the HRA received is typically 50% of the basic salary, while for non-metro cities, it is 40% of the basic salary.

      HRA calculator tools available online

      If you find the above calculation process too complicated, there are many online HRA calculators available that can make the process easier. These calculators typically require you to enter the relevant figures, and they will provide you with the HRA amount that you are eligible to claim as a tax exemption.

      Examples of HRA calculation for different salary structures

      Let’s take a look at some examples of how HRA can be calculated for different salary structures:

      Example 1: An employee living in Mumbai with a basic salary of Rs. 40,000 per month, receiving an HRA of Rs. 20,000 per month, and paying rent of Rs. 15,000 per month.

      • HRA = (15,000 – (10% of 40,000)) x 50%
      • HRA = (15,000 – 4,000) x 50%
      • HRA = Rs. 5,500 per month

      Example 2: An employee living in Kolkata with a basic salary of Rs. 30,000 per month, receiving an HRA of Rs. 12,000 per month, and paying rent of Rs. 10,000 per month.

      • HRA = (10,000 – (10% of 30,000)) x 40%
      • HRA = (10,000 – 3,000) x 40%
      • HRA = Rs. 2,800 per month

      Benefits of HRA under Section 10 13A

       house rent allowance under section 10 13A
      [Claim up to Rs. 60,000 in rent deduction under Section 80GG, even if you don’t receive HRA.]

      One of the main benefits of HRA under Section 10 13A is that it can help save taxes. The amount of HRA received by an employee is eligible for tax exemption under certain conditions, and this can help reduce the employee’s tax liability. This is particularly beneficial for employees who are living in rented accommodation and paying rent to their landlord. 

      It is important to note that HRA and rent deduction under Section 80GG are not the same thing. While HRA is an allowance received by an employee from their employer, rent deduction under Section 80GG is a tax deduction that can be claimed by individuals who are not receiving any HRA from their employer. The deduction amount allowed under Section 80GG is up to Rs. 60,000 per annum.

      Importance of claiming HRA exemption while filing income tax returns

      One of the key reasons for claiming HRA exemption while filing income tax returns is to reduce the tax liability of the taxpayer. By claiming the HRA exemption, the taxpayer can reduce the taxable portion of their salary, which in turn reduces their tax liability. This can be a significant saving, especially for those who are paying a high amount of rent.

      Another important reason to claim the HRA exemption is to avoid any penalties or legal issues with the tax authorities. Failing to claim the HRA exemption or incorrectly claiming it can lead to penalties or legal issues, which can be avoided by accurately claiming the exemption.

      Moreover, claiming the HRA exemption is a legitimate way to save on taxes and should not be ignored by taxpayers. It is a legal provision that has been provided to employees who are paying rent and should be taken advantage of.

      HRA Exemption Rules: Understanding the latest changes

      The HRA exemption is an important aspect of an employee’s salary structure, and any changes to the rules and regulations can have a significant impact on their finances. In the Budget 2023, there were no changes announced to the HRA exemption rules, but it is essential to understand the existing regulations to claim the exemption correctly.

      Under Section 10(13A) of the Income Tax Act, an employee can claim an exemption on the HRA received from their employer, subject to certain conditions. The exemption is calculated based on the least of the following three amounts: actual HRA received, rent paid in excess of 10% of salary, and 50% of salary for those living in metro cities or 40% for those in non-metro cities. However, to claim the exemption, the employee must provide proper documentation, including rent receipts, rent agreement, and PAN of the landlord if the rent paid is above a certain limit. It is also crucial to calculate the HRA exemption accurately to avoid any penalties or legal issues with the tax authorities.

      Tips for claiming HRA Exemption

       house rent allowance under section 10 13A
      [Accurately calculate your HRA to claim the exemption and avoid any tax issues.]

      To claim HRA exemption, the taxpayer needs to submit proper documentation such as the rent agreement, rent receipts, and other supporting documents to prove that they are paying rent. It is important to ensure that the rent receipts are issued in the name of the taxpayer and that they match the rent paid as per the rent agreement.

      Importance of accurate calculation of HRA

      Accurate calculation of HRA is crucial for claiming the exemption. The taxpayer should ensure that the calculation is based on the actual rent paid and the salary structure. The exemption can only be claimed on the actual amount of HRA received, which should be calculated accurately to avoid any issues with the tax authorities.

      Common mistakes to avoid while claiming HRA exemption

      Some common mistakes to avoid while claiming HRA exemption include claiming an exemption for rent paid to relatives, claiming an exemption for rent paid for more than one property, and claiming exemption for rent paid for a property that is not occupied by the taxpayer. It is, therefore, important for the taxpayer to be aware of these mistakes and avoid them to ensure a hassle-free claiming of the HRA exemption.

      Maximizing the benefits of House Rent Allowance Under Section 10 13A with NoBroker’s assistance

      House Rent Allowance under Section 10 13A is a vital component of an employee’s salary structure. And claiming the HRA exemption is essential to save on taxes and avoid any penalties or legal issues with the tax authorities. It is important to keep proper documentation, accurately calculate HRA, and avoid common mistakes while claiming the exemption.

      NoBroker can help employees, landlords, and taxpayers with their HRA eligibility, exemption, and rent savings by providing them with accurate information and tools. NoBroker’s HRA calculator can help employees calculate their HRA exemption accurately, and its rental agreement service can help landlords and tenants with proper documentation. By taking advantage of NoBroker’s services, employees can save on taxes, landlords can ensure proper documentation, and taxpayers can avoid any legal issues with the tax authorities. Click on this link to explore the wide span of NoBroker’s property buying and selling services

      FAQs

      Q1: What is HRA under Section 10 13A in India? 

      A: HRA stands for House Rent Allowance under Section 10 13A, which is a component of an employee’s salary structure to help them pay for their rented accommodation. Section 10 13A of the Income Tax Act provides tax benefits to employees who receive HRA.

      Q2: How is HRA calculated under Section 10 13A in India? 

      A: HRA calculation involves three factors: actual rent paid, salary structure, and the location of the rented accommodation. The least of these three factors is considered for HRA calculation, and the resulting amount is eligible for tax exemption.

      Q3: Can I claim both HRA and rent deduction under Section 80GG? 

      A: No, an employee cannot claim both HRA and rent deduction under Section 80GG. However, if the employee is not eligible for deduction under Section 10 13A for House Rent Allowance, they can claim rent deduction under Section 80GG, subject to certain conditions.

      Q4: What documentation is required for claiming HRA exemption? 

      A: Employees must submit their rent receipts and rental agreement to their employer to claim HRA exemption. In case the rent paid is more than Rs. 1 lakh annually, the PAN number of the landlord must also be submitted.

      Q5: What are some common mistakes to avoid while claiming HRA exemption? 

      A: Some common mistakes to avoid include not submitting the required documentation, not calculating HRA accurately, and claiming HRA exemption even if not eligible. It is important to consult with a tax expert or use an HRA calculator to avoid these mistakes.

      Floor Space Index (FSI) in Bangalore: Everything You Need to Know

      Floor Space Index (FSI) in Bangalore: Everything You Need to Know

      In the bustling  market of Bangalore, where every square foot counts, Floor Space Index (FSI)  stands as the arbiter of a property’s true potential and value.

      Wondering how it could be the game-changer in your next real estate move? This blog is your compass in this intricate landscape. Delve into the depths of FSI in Bangalore, from its definition to the nuances of calculation, and invaluable insights that will always empower your property decisions.

      Whether you’re eyeing that dream property, aiming to sell strategically, or envisioning a groundbreaking development, FSI is the key to taking your property ventures to reach new heights.

      What is FSI and Why is It Important in Bangalore?

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com What Is FSI And Why Is It Important In Bangalore?

      FSI or Floor Space Index, also known as Floor Area Ratio (FAR), is a crucial parameter used to measure the total built-up area of a building against the size of the plot it occupies. The FSI indicates the amount of floor space that can be constructed on a given plot. In Bangalore, the FSI is a significant factor that affects the real estate market and property prices.

      Definition of FSI and its significance in real estate

      FSI is the ratio of the total floor area of a building to the area of the plot on which the building stands. It takes into account all floors, including the basement and mezzanine, and excludes only the areas dedicated to utilities like staircases, elevators, and ducts. FSI determines the maximum permissible built-up area on a particular plot, and it varies depending on the zoning of the area and the type of building being constructed.

      The FSI plays a vital role in the real estate industry as it defines the development potential of a particular land parcel. The higher the FSI, the more built-up area that can be constructed, and the higher the property’s potential value. Therefore, developers and investors are always keen on knowing the FSI of a land parcel before investing.

      Importance of FSI in Bangalore’s real estate market

      In Bangalore, the FSI is one of the most crucial parameters that determine the value of a property. The city’s property market is highly competitive, and FSI can be a deciding factor in the profitability of a project. The FSI varies across different zones in the city, and it is determined by the Bangalore Building Bye-Laws and the BBMP (Bruhat Bengaluru Mahanagara Palike) regulations.

      How FSI affect the value of properties in Bangalore?

      In Bangalore, the FSI determines the maximum permissible built-up area on a plot, and it affects the property’s market value. A higher FSI means more built-up area and hence higher profitability for developers. However, a higher FSI may also lead to congestion, increased traffic, and a strain on the existing infrastructure, leading to a negative impact on the quality of life in the area.

      Primary and Secondary Factors that Influence FSI in Bangalore

      The FSI in Bangalore is influenced by several primary and secondary factors. The primary factors include the location of the plot, the land use category, the width of the road, the height of the building, and the availability of infrastructure like water, power, and sewerage. The secondary factors include the current market demand, the development potential of the area, and the existing zoning regulations.

      FSI is an essential parameter that determines the development potential and market value of a property in Bangalore. Developers and investors need to consider the FSI regulations and various other factors that influence it before investing in a particular property. By doing so, they can maximize their profits while contributing to the overall growth and development of the city.

      Understanding FSI Calculation in Bangalore

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com Understanding FSI Calculation in Bangalore

      FSI or Floor Space Index is a crucial parameter in the real estate industry, and it is used to determine the maximum permissible built-up area on a particular plot of land. In Bangalore, the FSI is determined by various factors, and it varies across different zones in the city.

      How to calculate FSI for Residential and Commercial Properties in Bangalore?

      FSI is calculated by dividing the total floor area of a building by the plot area on which the building stands. In Bangalore, the FSI is regulated by the BBMP (Bruhat Bengaluru Mahanagara Palike) and the Bangalore Building Bye-Laws. The FSI for residential and commercial properties is calculated differently, and it also varies based on the zone in which the property is located.

      For residential properties, the FSI is calculated by dividing the total built-up area by the plot area. In Bangalore, the FSI for residential properties ranges from 1.5 to 2.75, depending on the zone. For commercial properties, the FSI is calculated by dividing the total built-up area by the plot area, and it ranges from 2.5 to 4.0 in Bangalore, depending on the zone.

      Factors that affect FSI Calculation in Bangalore

      The FSI calculation in Bangalore is influenced by various factors, including the location of the plot, the type of property being constructed, the zoning regulations, and the availability of infrastructure like water, power, and sewerage. The width of the road, the height of the building, and the setbacks also impact the FSI calculation.

      How to maximize FSI for a given plot size in Bangalore?

      To maximize FSI for a given plot size in Bangalore, developers and investors can adopt various strategies. They can construct taller buildings or utilize the basement and mezzanine levels to increase the total built-up area. They can also optimize the floor plan and reduce the area dedicated to utilities like staircases, elevators, and ducts.

      It is essential to note that while maximizing the FSI can increase profitability, it can also lead to congestion, increased traffic, and a strain on the existing infrastructure, leading to a negative impact on the quality of life in the area.

      The impact of FAR (Floor Area Ratio) on FSI calculation in Bangalore

      The FSI rules and regulations in Bangalore have a significant impact on the real estate industry in the city. The lower FSI for residential properties has led to a shortage of affordable housing in the city. This, coupled with the rapid urbanization and population growth, has led to a spurt in illegal constructions and encroachments.

      On the other hand, the higher FSI calculation in Bangalore for commercial properties has led to the development of high-rise buildings and office spaces, which have contributed to the growth of the IT and services sector in the city.

      FSI Rules and Regulations in Bangalore

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com FSI Rules and Regulations in Bangalore

      FSI or Floor Space Index is a critical parameter in the real estate industry, and its rules and regulations play a significant role in shaping the real estate market in Bangalore. The FSI rules and regulations in Bangalore are governed by the BBMP (Bruhat Bengaluru Mahanagara Palike) and the Bangalore Building Bye-Laws.

      Overview of the FSI rules and regulations in Bangalore

      The FSI rules and regulations in Bangalore vary based on the zone in which the property is located. In residential zones, the FSI ranges from 1.5 to 2.75, while in commercial zones, it ranges from 2.5 to 4.0. The FSI for industrial properties is 1.0, while for public and semi-public buildings, it is 2.0.

      The FSI rules and regulations in Bangalore also prescribe the setbacks, height restrictions, and parking requirements for buildings. The setbacks vary based on the width of the road, while the height restrictions depend on the FAR (Floor Area Ratio) allowed in the zone.

      Comparison of FSI Rules and Regulations in Bangalore with Other Indian Cities

      The FSI rules and regulations in Bangalore are comparable to those in other Indian cities like Mumbai, Delhi, and Chennai. However, the FSI for residential properties in Bangalore is relatively lower than that in Mumbai and Delhi, where it can go up to 5.0 in some areas.

      The impact of FSI rules and regulations on Bangalore’s real estate industry

      The FSI rules and regulations in Bangalore have a significant impact on the real estate industry in the city. The lower FSI for residential properties has led to a shortage of affordable housing in the city. This, coupled with the rapid urbanization and population growth, has led to a spurt in illegal constructions and encroachments.

      On the other hand, the higher FSI calculation in Bangalore for commercial properties has led to the development of high-rise buildings and office spaces, which have contributed to the growth of the IT and services sector in the city.

      Compliance with FSI rules and regulations in Bangalore: Best practices

      Compliance with the FSI rules and regulations in Bangalore is essential to ensure sustainable development and avoid legal and financial liabilities. Best practices for compliance include conducting a thorough site analysis before starting construction, obtaining all necessary permits and approvals, engaging a professional architect or designer to optimize the floor plan, and ensuring adequate parking and setback requirements.

      Bangalore FSI rules are critical in shaping the real estate market in the city. A thorough understanding of the regulations, compliance with best practices, and sustainable development practices are essential to ensure long-term growth and profitability in the real estate industry.

      BBMP Building bye-laws and FSI in Bangalore

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com BBMP Building bye-laws and FSI in Bangalore

      The BBMP (Bruhat Bengaluru Mahanagara Palike) building bye-laws play a crucial role in regulating the construction and development of buildings in Bangalore. These laws govern various aspects of building construction, including the maximum height of buildings, setbacks, parking requirements, and FSI (Floor Space Index).

      Overview of BBMP building bye-laws in Bangalore

      The BBMP house construction rules in Bangalore are comprehensive and cover a wide range of construction-related aspects. The bye-laws specify the minimum size of the plot required for construction, the number of floors allowed, the distance between buildings, and the maximum height of buildings.

      The bye-laws also prescribe the setbacks required for buildings based on the width of the road and the height of the building. Additionally, they specify the parking requirements for buildings based on their use.

      Relationship between BBMP building bye-laws and FSI in Bangalore

      The BBMP building bye-laws and FSI regulations are closely linked in Bangalore. The FSI is calculated based on the maximum permissible built-up area allowed on a given plot size, as per the BBMP building bye-laws. Therefore, compliance with the building bye-laws is crucial for calculating and maximizing the FSI for a given plot.

      Compliance with BBMP building bye-laws and FSI regulations in Bangalore

      Compliance with BBMP building bye-laws and FSI regulations is essential for ensuring sustainable development and avoiding legal and financial liabilities. Best practices for compliance include engaging a professional architect or designer to optimize the floor plan and ensure adequate setbacks and parking requirements. Additionally, obtaining all necessary permits and approvals from the BBMP is crucial for compliance with the building bye-laws and FSI regulations.

      The impact of BBMP building bye-laws on real estate development in Bangalore

      The BBMP building bye-laws have had a significant impact on real estate development in Bangalore. They have helped regulate the construction and development of buildings in the city, ensuring sustainable growth and development. Compliance with the building bye-laws has also led to the development of high-quality buildings and infrastructure in the city, which has attracted investments and contributed to the growth of the real estate industry in Bangalore.

      BBMP building bye-laws and FSI regulations play a crucial role in regulating the construction and development of buildings in Bangalore. Compliance with these regulations is essential for ensuring sustainable development and avoiding legal and financial liabilities. Understanding the regulations, engaging professional services, and obtaining all necessary permits and approvals are critical for compliance with these regulations.

      FSI Calculation for a 40×30 Sqft Plot in Bangalore

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com FSI Calculation for a 40×30 Sqft Plot in Bangalore

      FSI (Floor Space Index) calculation for a 40×30 sqft plot in Bangalore is a critical aspect of building construction and development. Understanding how to calculate FSI, its limitations for a given plot size, and best practices for maximizing FSI can significantly impact the success of a building project. In this section, we will explore FSI calculation for a 40×30 sqft plot in Bangalore and discuss best practices for optimizing FSI.

      How to calculate FSI for a 40×30 sqft plot in Bangalore

      To calculate FSI for a 40×30 sqft plot in Bangalore, we need to consider the plot’s area, setbacks, and other parameters specified by the BBMP building bye-laws. Let’s assume that the plot is a rectangular plot with a road on the shorter side. Here are the steps for FSI calculation:

      1. Determine the plot area: 40×30 sqft = 1200 sqft
      2. Calculate the setbacks required as per BBMP building bye-laws
      3. Subtract the setbacks from the plot area to get the net plot area
      4. Determine the FSI as per BBMP regulations

      The FSI for a given plot is calculated by dividing the maximum built-up area permissible on the plot by the net plot area. The FSI for a 40×30 sqft plot in Bangalore varies based on the plot’s location, road width, and other factors, as per the BBMP regulations.

      Understanding the limitations of FSI for a given plot size in Bangalore

      Floor area ratio in Bangalore can have a significant impact on property values in Bangalore. Higher FSI values lead to more construction, which can increase the supply of available housing units in the market. When the supply of available housing units increases, it can lead to a decrease in property values.

      Best practices for maximizing FSI for a 40×30 sqft plot in Bangalore

      To maximize FSI for a 40×30 sqft plot in Bangalore, it is essential to understand the BBMP building bye-laws and engage professional services to optimize the floor plan. Best practices for maximizing FSI include:

      1. Using innovative design solutions to optimize space utilization
      2. Proper planning of the building’s orientation and location on the plot
      3. Engaging a professional architect or designer to ensure compliance with the building bye-laws and regulations
      4. Obtaining all necessary permits and approvals from the BBMP

      FSI calculation for a 40×30 sqft plot in Bangalore is critical for successful building construction and development. Understanding FSI calculation, its limitations, and best practices for optimizing FSI can significantly impact the success of a building project. Engaging professional services and complying with BBMP building bye-laws and FSI regulations are essential for achieving FSI optimization and ensuring sustainable development.

      Impact of FSI on Property Prices in Bangalore

      Floor Space Index (FSI) in Bangalore
      credits: pexels.com Impact of FSI on Property Prices in Bangalore

      In Bangalore, the Floor Space Index (FSI) plays a crucial role in determining the value of properties. It is a measure of the total area of a building that can be constructed on a given plot of land. Higher FSI values indicate that more space can be utilized for construction, which can lead to increased property prices. In this article, we will explore the relationship between FSI and property prices in Bangalore and how FSI affects property buying decisions.

      Relationship between FSI and Property Prices in Bangalore:

      In Bangalore, there is a direct relationship between FSI and property prices. The higher the FSI value, the more space can be utilized for construction, which can increase the value of the property. Developers and builders are willing to pay a premium for plots with higher FSI values as they can construct more units on the same plot of land, thus increasing their profits.

      Understanding the Impact of FSI on Property Values in Bangalore:

      FSI values can have a significant impact on property values in Bangalore. Higher FSI values lead to more construction, which can increase the supply of available housing units in the market. When the supply of available housing units increases, it can lead to a decrease in property values as the market becomes more competitive.

      On the other hand, lower FSI values can also have an impact on property values. Lower FSI values mean that less construction is possible, which can limit the supply of available housing units. This can lead to an increase in property values as the market becomes more competitive due to limited supply.

      How FSI Affects Property Buying Decisions in Bangalore?

      FSI values can also have an impact on property buying decisions in Bangalore. Buyers who are looking for larger properties may be willing to pay a premium for plots with higher FSI values. Similarly, buyers who are looking for smaller properties may prefer plots with lower FSI values as they may be more affordable.

      In addition, FSI values can also impact the amenities and facilities available in the surrounding area. Higher FSI values can lead to more commercial and retail spaces, which can provide more amenities and facilities for residents. This can make properties with higher FSI values more attractive to buyers.

      FSI values have a significant impact on property prices in Bangalore. Higher FSI values increases the attractiveness of individual properties thereby increasing the property value, while lower FSI values can lead to decreased property values. Additionally, FSI values can also impact property buying decisions as buyers may prefer plots with higher or lower FSI values based on their specific needs and preferences.Mastering the nuances of FSI in Bangalore is pivotal for anyone navigating the real estate landscape. But handling FSI complexities like regulations and calculations independently might lead to unforeseen challenges and potential pitfalls.

      At NoBroker, our legal expertise in things such as FSI calculations and other such real estate intricacies sets us apart. Trust NoBroker to guide you seamlessly through the process, ensuring your property investment is both sound and lucrative.

      Frequently Asked Questions

      Q1.What is FSI, and how is it calculated in Bangalore?

      Ans. FSI stands for Floor Space Index, which is the ratio of the total built-up area of a building to the total area of the plot on which it is built. In Bangalore, FSI is calculated by dividing the total built-up area of a building by the total area of the plot, including setbacks and other open spaces.

      Q2. What is the maximum FSI allowed for residential and commercial properties in Bangalore?

      Ans. In Bangalore, the maximum FSI allowed for residential properties is 2.25, while for commercial properties, it is 3. In some cases, the FSI may be increased based on certain factors such as the width of the road, the plot size, and the type of development.

      Q3. How does FSI affect property prices in Bangalore?

      Ans. FSI can have a significant impact on property prices in Bangalore. Properties with higher FSI values are generally more valuable as they allow for greater development potential and offer more floor space. Additionally, FSI can influence the supply and demand dynamics of the real estate market, with higher FSI values leading to more supply and potentially lower prices.

      Q4. What are the factors that influence FSI calculation in Bangalore?

      Ans. Several factors can influence FSI calculation in Bangalore, including plot size, location, road width, setbacks, and building height restrictions. The local zoning regulations and building bye-laws also play a significant role in determining the maximum FSI allowed for a property.

      Q5. How can I maximize FSI for my property in Bangalore?

      Ans. You can try optimizing the building design to maximize floor space, minimizing setbacks, and incorporating green building features. Additionally, working with a qualified architect can help ensure that your property complies with local regulations while maximizing its development potential.

      Q6. How many floors can be built in Bangalore?

      Ans. The number of floors in Bangalore is determined by factors like city population, plot location, intended construction type (residential, apartment, or business), road width, and essential service availability (power, water, sewer systems).

      Understanding Floor Space Index (FSI) in Hyderabad: Everything You Need to Know

      Understanding Floor Space Index (FSI) in Hyderabad: Everything You Need to Know

      Floor Space Index (FSI) is a crucial factor that determines the extent of construction allowed on a given plot of land. In Hyderabad, the Greater Hyderabad Municipal Corporation (GHMC) is responsible for regulating the FSI for residential and commercial buildings. FSI in Hyderabad plays a significant role in determining the maximum floor area that can be constructed on a given piece of land. In this blog post, we will discuss in detail everything you need to know about FSI in Hyderabad (GHMC), including its calculation, rules, and impact on property development.

      FSI Calculation in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(FSI Calculation in Hyderabad)

      FSI in Hyderabad is calculated by dividing the total built-up area of a building by the total area of the plot. For instance, if the total built-up area of a building is 10,000 square feet, and the total area of the plot is 20,000 square feet, then the FSI would be 0.5. Therefore, the FSI for a particular plot determines the maximum permissible built-up area.

      FSI Rules in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(FSI Rules in Hyderabad)

      The GHMC has formulated various FSI rules and regulations for Hyderabad. These rules determine the permissible FSI for different types of buildings in Hyderabad. The FSI rules and regulations are essential to ensure that the development of buildings in the city is planned and structured. Some of the key FSI rules in Hyderabad are:

      1. Residential Buildings: The FSI for residential buildings in Hyderabad varies between 1.5 to 2.5, depending on the plot size, type of construction, and the road width.
      2. Commercial Buildings: The FSI for commercial buildings in Hyderabad is between 3 to 5, depending on the type of commercial activity and the road width.
      3. Industrial Buildings: The FSI for industrial buildings in Hyderabad is between 1 to 1.5, depending on the type of industry.
      4. Public Buildings: The FSI for public buildings in Hyderabad is between 1.5 to 2.

      GHMC Building Permission Rules

      FSI in Hyderabad
      (Source:pexels.com)(GHMC Building Permission Rules)

      The GHMC has formulated various building permission rules for Hyderabad to regulate construction activities in the city. These rules govern the construction of buildings and other structures in Hyderabad. Some of the key building permission rules in Hyderabad are:

      1. Building Permission Charges in Telangana: The GHMC charges a specific fee for granting building permission based on the built-up area, type of building, and land use.
      2. Building Permission Validity in Hyderabad: The building permission granted by the GHMC is valid for a period of five years. The applicant must complete the construction within this period; otherwise, the permission becomes invalid.
      3. Building Height: The GHMC determines the maximum height of a building based on various factors such as the road width, setback, and land use.
      4. Open Space Requirement: The GHMC mandates that a certain percentage of the total area of the plot must be left open for landscaping

      In addition, GHMC also offers relaxation on FSI for certain categories of buildings, such as buildings constructed by government agencies or educational institutions. The relaxation offered may vary based on the type and location of the building.

      Another factor that influences the calculation of FSI in Hyderabad is the land use zone. The city is divided into different land use zones, including residential, commercial, industrial, public and semi-public, and others. Each zone has its own set of regulations and FSI limits, which need to be adhered to while calculating FSI.

      How to Calculate FSI in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(How to Calculate Floor Area Ration in Hyderabad)

      FSI in Hyderabad is calculated by dividing the total built-up area of a building by the area of the plot it is constructed on. For instance, if the built-up area of a building is 10,000 sq. ft and the plot area is 20,000 sq. ft, then the FSI for that building would be 0.5. It is essential to note that FSI is calculated only for the floors that are allowed to be constructed as per the zoning regulations of the land.

      Factors that Affect FSI Calculation in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(Factors that Affect FSI Calculation in Hyderabad)

      Several factors affect the calculation of FSI in Hyderabad, some of which are:

      1. Land Use Zone: As mentioned earlier, the land use zone plays a vital role in determining the FSI calculation. The FSI limit for each land use zone varies based on its location, type, and other factors.
      2. Road Width: The width of the road on which the plot is located also affects the FSI calculation. The GHMC has prescribed different FSI limits for plots located on roads with different widths.
      3. Plot Size: The size of the plot is another factor that affects the FSI calculation. The FSI limit for smaller plots may be different from that of larger plots.
      4. Building Type: The FSI limit for residential buildings may differ from that of commercial or industrial buildings. Additionally, buildings constructed for government agencies or educational institutions may be granted relaxation on FSI.
      5. Height of the Building: The maximum height of the building that can be constructed on a plot also affects the FSI calculation.

      How to Maximize FSI for a Given Plot Size in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(How to Maximize FSI for a Given Plot Size in Hyderabad)

      Maximizing FSI for a given plot size in Hyderabad requires a thorough understanding of the FSI rules and regulations. Some best practices to maximize FSI include:

      1. Understanding the land use zone: The FSI limit for each land use zone varies, and it is essential to understand the FSI limit for the specific zone where the plot is located.
      2. Choosing the right building type: Different building types have different FSI limits. Choosing the right building type for a given plot can help maximize FSI.
      3. Utilizing vertical space: Building taller structures can help maximize FSI, as long as the height of the building is within the permissible limit.
      4. Opting for green building features: GHMC provides relaxation on FSI for buildings that incorporate green building features such as rainwater harvesting, solar panels, and green roofs.
      5. Hiring professionals: Hiring professionals with expertise in FSI calculations and building design can help maximize FSI and ensure compliance with regulations.

      The Impact of Building Permission Rules on FSI Calculation in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(The Impact of Building Permission Rules on FSI Calculation in Hyderabad)

      Building permission rules in Hyderabad are regulated by GHMC, and obtaining building permission is a crucial step in constructing a building. The building permission rules in Hyderabad prescribe the requirements for obtaining building permission, the fee structure, and the validity of the permission.

      One of the primary requirements for obtaining building permission is complying with the FSI rules and regulations. The GHMC charges a fee for granting building permission, which varies based on the FSI of the building. Additionally, the validity of the building permit is also dependent on compliance with the FSI

      How FSI Affects Property Values in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(How FSI Affects Property Values in Hyderabad)

      FSI has a significant impact on property values in Hyderabad. A higher FSI means more floor space, which can increase the property’s value significantly. The cost of construction may also be lower due to the availability of more space, which can reduce the overall cost of the project.

      However, it is important to note that FSI alone is not the only factor that determines the property value in Hyderabad. Location, amenities, accessibility, and other factors also play a crucial role in determining the property value.

      FSI and Property Buying Decisions in Hyderabad

      FSI in Hyderabad
      (Source:pexels.com)(FSI and Property Buying Decisions in Hyderabad)

      FSI is an important factor that buyers consider when making property buying decisions in Hyderabad. A higher FSI means more usable space, which can be attractive to buyers. However, it is important to note that a higher FSI does not necessarily mean better quality construction or a more desirable location.

      Buyers should also consider other factors such as location, amenities, accessibility, and other factors before making a property buying decision. It is also important to consider the long-term implications of buying a property with a higher FSI, such as potential overcrowding or lack of open space in the area.

      How Can NoBroker Help?

      FSI is an important factor that determines the amount of usable space in a property. It plays a significant role in determining the overall cost of construction, property values, and property buying decisions. In Hyderabad, the FSI rules and regulations are governed by the GHMC building permission rules, and compliance with these rules is essential for any real estate development in the city.

      However, FSI alone is not the only factor that determines the property value in Hyderabad. Other factors such as location, amenities, accessibility, and other factors also play a crucial role in determining property value.

      As a buyer or a real estate developer in Hyderabad, it is important to understand the FSI rules and regulations and consider all the factors that can impact the property value before making any property buying or development decision. This will ensure that you make an informed decision that aligns with your goals and objectives.

      In conclusion, understanding the FSI rules and regulations in Hyderabad is critical for anyone looking to buy or develop properties in the city. As we have seen, the FSI calculation is complex and influenced by various factors such as plot size, location, and building type. The GHMC has put in place building permission rules and charges that must be adhered to, and it’s essential to comply with them to avoid penalties and legal issues.

      At NoBroker, we have a team of experts who are well-versed in the FSI rules and regulations in Hyderabad and can help you find the best properties in the city that meet your needs and budget. Our platform provides you with verified property listings, and our agents will assist you throughout the process, from property search to closure.

      With our expertise and technology, you can be confident in making informed decisions and finding the right property that fits your lifestyle and investment goals. Contact us today to get started.

      FAQs

      1. What is FSI in Hyderabad, and how is it calculated?

      FSI stands for Floor Space Index, which is the ratio of the total built-up area to the total plot area. It is calculated by dividing the total built-up area of a building by the total plot area on which it stands.

      2. What are the FSI rules and regulations in Hyderabad?

      The FSI rules and regulations in Hyderabad are governed by the Greater Hyderabad Municipal Corporation (GHMC). The maximum FSI for residential buildings is 2.5, while for commercial buildings, it can go up to 4. The FSI may vary based on the location, type of building, and plot size.

      3. How does FSI affect property prices in Hyderabad?

      FSI affects property prices in Hyderabad as it determines the total built-up area that can be constructed on a particular plot of land. The higher the FSI, the more built-up area can be constructed, leading to higher property prices. However, FSI is just one of the many factors that affect property prices.

      4. What are the building permission rules and charges in Hyderabad?

      The building permission rules and charges in Hyderabad are governed by the GHMC. The charges vary based on the type of building, plot size, and location. The validity of the building permit may also vary based on these factors.

      5. Can FSI be increased for a given plot size in Hyderabad?

      FSI can be increased for a given plot size in Hyderabad by obtaining special permission from the GHMC. This may be possible in cases where the plot is located in an area with high demand or strategic importance. However, obtaining such permission can be a complex and time-consuming process.

      Everything You Need to Know About NOCs for Property Transfer in India

      Everything You Need to Know About NOCs for Property Transfer in India

      As a homebuyer in India, you might come across various terms that are often confusing, one of which is the no objection certificate for property transfer. In India, when you transfer ownership of a property, it is crucial to obtain a NOC. In this blog, we will discuss everything you need to know about NOCs for property transfer in India.

      Definition of NOC

      A No Objection Certificate or NOC is a legal document issued by a competent authority, permitting the transfer of ownership of a property from one individual to another. The authority that issues the no objection certificate for property transfer depends on the type of property, such as a flat, a plot or a house.

      Importance of NOC for Property Transfer

      No Objection Certificate(NOC) for Property Transfer
      [A No Objection Certificate (NOC) is critical for a smooth and fraud-free transfer of property ownership, as it confirms the absence of objections or claims to the property being transferred.]

      NOC for property transfer is a critical document as it ensures that there are no objections or claims to the property being transferred. It also helps in preventing fraud and disputes related to property ownership. A NOC helps in the smooth transfer of ownership of the property from the seller to the buyer. A crucial step in finalising the sale of a house is obtaining a no objection certificate for ownership transfer.

      No Objection Certificate for Property Transfer

      If you are planning to purchase a property or transfer your property’s ownership, obtaining a NOC is a critical aspect of the process. In the following sections, we will discuss the step-wise process to obtain a NOC, key points to remember while applying for no objection certificate for property transfer, and the documents required for NOC.

      Step-wise process for obtaining NOC for Property Transfer

      No Objection Certificate(NOC) for Property Transfer
       [Obtaining a NOC for property transfer involves multiple steps, such as identifying the issuing authority, applying for the NOC, providing necessary documents, paying fees, and receiving the NOC.]

      Overview of the Process

      The process of obtaining no objection certificate for property transfer involves several steps. It includes the identification of the issuing authority, application for NOC, documents required, payment of fees, and issuance of the NOC.

      Detailed Process

      1. Identification of Issuing Authority: The authority that issues the NOC for property transfer depends on the type of property being transferred. For instance, if you are transferring ownership of a flat or apartment, the issuing authority could be the housing society, the Municipal Corporation or the Revenue Department.
      2. Application for NOC: Once you have identified the issuing authority, you need to submit an application for a NOC. The application must be in the prescribed format, and you must ensure that all details are correctly filled.
      3. Documents Required: The documents required for NOC for property transfer vary depending on the type of property. However, some of the common documents include the sale deed, encumbrance certificate, building approval plan, no due certificate from the local authorities, and identity proof.
      4. Payment of Fees: Once you have submitted the application and documents, you need to pay the requisite fees to the issuing authority. The fees for NOC may vary depending on the type of property and the issuing authority.
      5. Issuance of NOC: After completing all the above steps, the issuing authority will verify the application and documents. Once the verification process is complete, the authority will issue the NOC for property transfer.

      Key points to remember while applying for NOC for Property Transfer

      No Objection Certificate(NOC) for Property Transfer
      [To apply for a no objection certificate for property transfer, providing accurate property details, including the location, area, and type, is the first crucial step to avoid delays.]

      As a prospective homebuyer or property owner in India, it is important to understand the process of obtaining a No Objection Certificate (NOC) for property transfer. An NOC is a legal document that certifies that there are no objections to the transfer of ownership of a property. This document is essential for a smooth and hassle-free transfer of property. In this section, we will go over the key points to remember while applying for an no objection certificate for property transfer.

      Details of the Property

      The first step in applying for an NOC for property transfer is to provide the necessary details of the property. This includes the location, area, and type of property. It is important to ensure that all the details provided are accurate and match the property documents. Any discrepancies in the property details can cause delays in the issuance of the NOC.

      Names of the Parties Involved

      The next step is to provide the names of the parties involved in the property transfer. This includes the name of the buyer and seller, as well as any other parties involved in the transaction. It is important to ensure that the names are spelled correctly and match the documents provided.

      Purpose of Property Transfer

      The purpose of the property transfer must be clearly stated in the application for the NOC. This could be for personal use, rental purposes, or commercial use. The purpose of the transfer determines the type of clearance and approvals required from the local authorities.

      Clearances and Approvals Required

      Obtaining an NOC for property transfer involves obtaining various clearances and approvals from the local authorities. These clearances may include clearance from the local police station, fire department, pollution control board, municipal corporation, and more. It is important to be aware of the clearances required for the specific purpose of the property transfer.

      Specific Guidelines Issued by Local Authorities

      No Objection Certificate(NOC) for Property Transfer
      [To avoid any issues when applying for the NOC, it is crucial to be aware of the specific guidelines and regulations for property transfers issued by local authorities that may vary from state to state and city to city.]

      Local authorities may issue specific guidelines and regulations for property transfers. These guidelines may vary from state to state and city to city. It is important to be aware of these guidelines and ensure that all the requirements are met before applying for the NOC.

      Verification of Documents

      The final step in applying for an no objection certificate for property transfer is the verification of documents. All the documents related to the property, such as the sale deed, title deed, and tax receipts, must be verified by the local authorities. It is important to ensure that all the documents are up to date and accurate.

      Applying for a no objection certificate for property transfer can be a complex process. However, by following the key points mentioned above and being aware of the requirements and guidelines, you can ensure a smooth and hassle-free transfer of property. Remember to be diligent and accurate while providing the details and documents, and seek the help of legal professionals if required. By following these steps, you can ensure that your property transfer process is completed without any hiccups.

      Documents Required for NOC for Property Transfer

      Before you can complete the transfer process, you will need to obtain a No Objection Certificate (NOC) for property transfer. This certificate ensures that the property transfer is free from any legal or financial disputes, and that all relevant authorities have approved the transfer.

      One of the most critical steps in obtaining no objection certificate for property transfer is to ensure that you have all the required documents. In this section, we will discuss the documents you need to gather for the NOC application process.

      List of Documents Required

      • Identity Proof: The first and foremost document required for an NOC for property transfer is identity proof. This includes a copy of your PAN card, Aadhaar card, or passport. These documents will establish your identity and verify that you are the rightful owner of the property.
      • Property Ownership Proof: The next essential document is the proof of property ownership. This can include the original sale deed, allotment letter, or possession letter, depending on the type of property. It is essential to ensure that the ownership proof is up-to-date and valid.
      • Sale Deed: The sale deed is a legal document that contains details about the property, the buyer, and the seller. This document must be registered with the local Sub-Registrar’s office and include the details of the property transfer.
      • Encumbrance Certificate: The encumbrance certificate is a legal document that certifies that the property is free from any legal or financial disputes. This certificate is crucial as it ensures that the property is transferable to the new owner without any legal or financial obligations.
      • Building Approval Plan: This document is essential for properties that require building approval from the local authorities. It includes details of the property, including the layout plan, floor plan, and elevation plan. This document is critical as it verifies that the property has received all necessary approvals from the local authorities.
      • No Due Certificate from Local Authorities: This document certifies that there are no pending dues or payments for the property. It includes details of any property taxes, water bills, electricity bills, or any other fees that may be outstanding. This document is crucial as it ensures that there are no financial liabilities attached to the property.
      • Affidavit by the Applicant: An affidavit is a legal document that includes a sworn statement by the applicant. This statement confirms that the information provided by the applicant is true and correct. The affidavit must be signed by the applicant and attested by a notary.
      • Other Specific Documents: Depending on the property and the local authorities, you may need to provide additional documents, such as the power of attorney, NOC from the society, or any other specific documents required for the property transfer.

      Therefore, obtaining an NOC for property transfer is a critical step in the property transfer process in India. By ensuring that you have all the required documents, you can ensure a smooth and hassle-free transfer of ownership. We hope this guide has been helpful in understanding the documents required for an NOC for property transfer.

      Society NOC Format for Property Transfer

      No Objection Certificate(NOC) for Property Transfer
       [The Society NOC is essential for legally executing the property transfer as it serves as proof that the housing society has no objection, ensures there are no outstanding dues or disputes related to the property.]

      If you are planning to buy or sell a property in a housing society in India, you must obtain a No Objection Certificate (NOC) from the society. This is an essential document that certifies that the society has no objection to the property transfer. In this section, we will discuss the importance of a Society NOC for property transfer and the procedure for obtaining it.

      Importance of Society NOC

      The Society NOC is crucial for property transfer as it acts as proof that the housing society has no objection to the sale or purchase of the property. Without this NOC, the transfer of ownership cannot be executed legally. The Society NOC ensures that there are no outstanding dues or disputes related to the property in question.

      It is essential to note that the Society NOC is mandatory for every housing society, whether it is a registered or an unregistered society. In case the society is unregistered, the NOC must be obtained from the members of the society.

      Format of Society NOC

      The Society NOC for property transfer is a standard format that is followed by most housing societies in India. The format usually includes the following information:

      • The name and address of the housing society
      • The name and address of the transferor (seller)
      • The name and address of the transferee (buyer)
      • Details of the property being transferred, including the flat number and the building name
      • A declaration that the society has no objection to the transfer of ownership
      • A declaration that there are no outstanding dues or disputes related to the property
      • The date on which the NOC was issued
      • Signatures of the society members and the authorized signatory

      It is crucial to ensure that the Society NOC format is followed correctly, and all the necessary details are mentioned in the NOC.

      Procedure for Obtaining Society NOC

      To obtain a Society NOC for property transfer, you will need to follow the following steps:

      • Submit an application to the society: The first step is to submit an application for the Society NOC to the housing society. The application should include details of the property being transferred and the names and addresses of the transferor and transferee.
      • Pay the necessary fees: The society may charge a nominal fee for issuing the NOC. Make sure to pay the fees as per the society’s rules and regulations.
      • Provide the necessary documents: The society may ask for certain documents, such as the sale deed, property ownership proof, and encumbrance certificate. Make sure to provide all the necessary documents to avoid any delays in obtaining the NOC.
      • Wait for the Society NOC: After you have submitted the application and the necessary documents, you will need to wait for the society to issue the NOC. This can take anywhere from a few days to a few weeks, depending on the society’s workload.

      Obtaining a Society NOC is an essential step in the property transfer process in India. It is important to follow the correct procedure and obtain the necessary documents to ensure a smooth and hassle-free transfer of ownership. Remember, the Society NOC format for property transfer is standard, and it is crucial to ensure that all the necessary details are mentioned in the NOC.

      NOC from Legal Heirs for Transfer of Property

      No Objection Certificate(NOC) for Property Transfer
      [Obtaining a no objection certificate from legal heirs for transfer of property can be a daunting task for property owners in India looking to transfer ownership, especially if they are not familiar with the legal process.]

      If you’re a property owner in India looking to transfer ownership of your property to someone else, you’ll need to obtain a No Objection Certificate (NOC) from the legal heirs of the property. This can be a daunting task, especially if you’re not familiar with the legal process involved. In this guide, we’ll walk you through the steps you need to take to obtain an NOC from legal heirs for a property transfer in India.

      Need for NOC from Legal Heirs

      When a property owner passes away, their property becomes a part of their estate. The legal heirs of the property then inherit the property, and they have a say in what happens to it. If you want to transfer ownership of the property, you’ll need to get an NOC from the legal heirs. This NOC confirms that the legal heirs have no objection to the transfer of ownership.

      Procedure for Obtaining NOC from Legal Heirs

      To obtain an NOC from the legal heirs of a property, you’ll need to follow a specific procedure. First, you’ll need to identify the legal heirs of the property. This typically involves consulting with a lawyer who can help you with the legal paperwork. Once you’ve identified the legal heirs, you’ll need to approach them and request the NOC. You may need to provide them with additional documentation or information to help them make an informed decision. Once they’ve provided you with the NOC, you’ll need to submit it along with other required Documents for NOC for Property Transfer to the registrar for the transfer of ownership.

      Documents Required for Obtaining NOC from Legal Heirs

      When applying for an NOC from legal heirs for a property transfer in India, you’ll need to provide several documents. These may include the property documents, the death certificate of the previous owner, and a legal heir certificate. Additionally, you may need to provide an indemnity bond to protect the legal heirs in case of any future disputes over the property.

      NOC from Beneficiaries for Transfer of Property in India

      No Objection Certificate(NOC) for Property Transfer
       [To transfer ownership of a property that has become a part of the estate after the property owner’s death, the beneficiaries must provide a no objection certificate for property transfer confirming their approval.]

      If you’re a property owner in India looking to transfer ownership of your property to someone else, you may need to obtain a No Objection Certificate (NOC) from the beneficiaries of the property. This can be a complicated process, but it’s essential to ensure that the transfer of ownership goes smoothly. In this guide, we’ll walk you through the steps you need to take to obtain an NOC from beneficiaries for a property transfer in India.

      Need for NOC from Beneficiaries

      When a property owner passes away, their property becomes a part of their estate. The beneficiaries of the property then inherit the property, and they have a say in what happens to it. If you want to transfer ownership of the property, you’ll need to get an NOC from the beneficiaries. This NOC confirms that the beneficiaries have no objection to the transfer of ownership.

      Procedure for Obtaining NOC from Beneficiaries

      To obtain an NOC from the beneficiaries of a property, you’ll need to follow a specific procedure. First, you’ll need to identify the beneficiaries of the property. This typically involves consulting with a lawyer who can help you with the legal paperwork. Once you’ve identified the beneficiaries, you’ll need to approach them and request the NOC. You may need to provide them with additional documentation or information to help them make an informed decision. Once they’ve provided you with the NOC, you’ll need to submit it along with other required documents to the registrar for the transfer of ownership

      NOC for Transfer of Immovable Property

      No Objection Certificate(NOC) for Property Transfer
       [To legally transfer ownership of an immovable property in India, an No Objection Certificate (NOC) is required, which confirms the transfer is done with the consent of all parties involved and that there are no objections or claims on the property.]

      If you are looking to transfer ownership of an immovable property in India, you will need to obtain a No Objection Certificate (NOC) for property transfer. An NOC is a legal document that certifies that the transfer of ownership is done with the consent of all parties involved and that there are no objections or claims on the property. This blog will guide you through the process of obtaining an NOC for the transfer of immovable property in India.

      Procedure for Obtaining NOC for Transfer of Immovable Property

      The process for obtaining an NOC for the transfer of immovable property is similar to that of obtaining an NOC from legal heirs or beneficiaries. The following are the steps involved:

      1. Submit an application for the NOC to the concerned authority, such as the sub-registrar or the revenue department.
      2. Pay the prescribed fee for the NOC.
      3. Provide details about the property, including its location, survey number, and other relevant information.
      4. If the property is owned jointly, obtain NOCs from all the co-owners.
      5. If the property is inherited, obtain NOCs from all the legal heirs.
      6. If the property is mortgaged, obtain an NOC from the mortgagee.
      7. If there are any pending legal disputes related to the property, resolve them before applying for the NOC.
      8. Once all the required NOCs are obtained, submit them along with the application to the concerned authority.

      After the verification of documents, the concerned authority will issue the NOC.

      Documents Required for Obtaining NOC for Transfer of Immovable Property

      The following documents are required for obtaining an NOC for the transfer of immovable property:

      • A copy of the property documents, such as sale deed, gift deed, or partition deed.
      • Identity proof and address proof of the applicant.
      • NOCs from co-owners, legal heirs, mortgagees, and any other concerned parties.
      • Details of any pending legal disputes related to the property.
      • Payment of the prescribed fee for the NOC.

      NOC for Property Transfer Format

      While applying for an NOC for property transfer, it is important to use the correct no objection certificate format for transfer of property for the document. In this section, we will guide you through the correct The format for a no objection certificate for property transfer in India.

      Format of NOC for Property Transfer

      The format for an NOC for property transfer is as follows:

      —–

      To Whomsoever It May Concern,

      I, [Name of the owner/transferor], hereby certify that I am the sole owner of the immovable property [Address of the property] and have the full right and authority to transfer the property.

      I further declare that I have entered into an agreement to transfer the property to [Name of the transferee]. I confirm that I have no objection to the transfer of the property and that the transaction is being done with the free consent of all parties involved.

      I undertake to indemnify and keep indemnified the transferee against all claims, demands, or objections that may arise in the future in connection with the transfer of the property.

      This NOC is being issued on [Date of issuance].

      Sincerely,

      [Name of the owner/transferor]

      ——-

      Section 21 of the Registration Act of 1908

      Section 21 of the Registration Act of 1908 mandates that every transfer of immovable property should be registered. The transfer of property includes the sale, mortgage, lease, gift, exchange or any other type of transfer of immovable property. It is important to register the transfer to ensure that the ownership of the property is legally transferred from the seller to the buyer. The registration of the transfer also helps in determining the market value of the property and in resolving disputes.

      To register the transfer of immovable property, the following documents are required:

      • Sale deed
      • Proof of payment of stamp duty
      • Proof of payment of registration fees
      • PAN card and Aadhaar card of both the parties
      • Passport size photographs of both the parties

      At NoBroker legal services, we can help you in drafting the sale deed and registering the transfer of immovable property.

      Society NOC Format for Property Tax Name Change

      A NOC certificate for plot is a document issued by the society to authorize the transfer of the property tax name from the existing owner to the new owner. The society NOC format for property tax name change includes the details of the society, details of the property, details of the existing owner, details of the new owner, and the authorization of the transfer of property tax name.

      To obtain the society NOC for property tax name change, the following documents are required:

      • Application for NOC
      • Sale deed
      • PAN card and Aadhaar card of both the parties
      • Passport size photographs of both the parties
      • Proof of payment of transfer fees
      • NOC from the builder or developer (if applicable)

      At NoBroker legal services, we can help you in drafting the application for NOC and obtaining the society NOC for property tax name change.

      Society NOC Letter Format for Selling Flat

      A NOC for immovable property is a document issued by the society to authorize the transfer of ownership from the existing owner to the new owner. The society NOC letter format for selling flat includes the details of the society, details of the property, details of the existing owner, details of the new owner, and the authorization of the transfer of ownership.

      To obtain the society NOC for selling flat, the following documents are required:

      • Application for NOC
      • Sale deed
      • PAN card and Aadhaar card of both the parties
      • Passport size photographs of both the parties
      • Proof of payment of transfer fees
      • NOC from the builder or developer (if applicable)

      At NoBroker legal services, we can help you in drafting the application for NOC and obtaining the society NOC for selling flat.

      Tips for Drafting NOC

      A NOC document is a legal document that authorizes the transfer of ownership of immovable property from the existing owner to the new owner. The NOC document should be drafted carefully to ensure that all the necessary details are included and that there are no errors.

      The following tips can help in drafting a NOC document:

      • Include the details of the society, property, existing owner, and new owner
      • Clearly state the purpose of the NOC
      • Include the authorization for the transfer of ownership
      • Ensure that the document is signed by the authorized signatory of the society

      At NoBroker legal services, we can help you in drafting the NOC document and ensuring that all the necessary details are included.

      No Objection Certificate Under RERA

      RERA (Real Estate Regulation and Development Act) is a law passed by the Indian Parliament to regulate the real estate sector and protect the interests of homebuyers. Under RERA, developers are required to obtain a no objection certificate (NOC) before transferring or assigning their rights and liabilities in a real estate project.

      The NOC under RERA is a document that ensures that the transfer or assignment of rights and liabilities in a real estate project is done in a fair and transparent manner. The NOC also helps in protecting the interests of homebuyers and ensuring that the project is completed on time.

      To obtain the NOC under RERA, the following documents are required:

      • Application for NOC
      • Copy of the agreement between the developer and the buyer
      • Copy of the project registration certificate
      • Copy of the completion certificate
      • Copy of the commencement certificate
      • Proof of payment of transfer fees

      At NoBroker legal services, we can help you in drafting the application for NOC and obtaining the NOC under RERA.

      Steps To Obtain Society NOC For Property Tax Name Change

      Steps Description
      1Draft an application for NOC
      2Gather required documents such as sale deed, PAN card and Aadhaar card of both parties, passport size photographs, proof of payment of transfer fees, and NOC from the builder or developer (if applicable)
      3Submit the application along with the required documents to the society
      4Wait for the society to verify the documents
      5Upon verification, the society will issue the NOC for property tax name change

      Steps To Obtain Society NOC For Selling Flat

      StepsDescription
      1Draft an application for NOC
      2Gather required documents such as sale deed, PAN card and Aadhaar card of both parties, passport size photographs, proof of payment of transfer fees, and NOC from the builder or developer (if applicable)
      3Submit the application along with the required documents to the society
      4Wait for the society to verify the documents
      5Upon verification, the society will issue the NOC for selling flat

      Steps To Obtain Society NOC For Selling Flat

      Obtaining NOC certificates for property transfers is a crucial aspect of real estate transactions in India. The society NOC formats for property tax name change and selling flat should be drafted carefully to ensure that all the necessary details are included. At NoBroker legal services, we can assist you in drafting the NOC documents and obtaining the necessary certificates.

      Unlocking the right path: How to easily obtain a NOC for Property Transfer in India

      No Objection Certificate(NOC) for Property Transfer
       [NoBroker simplifies the complex and time-consuming process of buying, selling, or renting a property by offering a range of real estate services, including property search, verification, legal advice, and documentation, all provided by a team of experts.]

      In conclusion, obtaining a no objection certificate for property transfer is an essential step in the process of transferring property ownership. From understanding the procedure to gathering the necessary documents, it is crucial to follow the guidelines and regulations set by the authorities. Remember to keep in mind the key points we discussed in this article while applying for an NOC to ensure a smooth and hassle-free experience.

      At NoBroker, we understand that buying, selling or renting a property can be a complex and time-consuming process. That’s why we offer a range of real estate services to simplify and streamline the process for you. Our team of experts can help you with everything from property search and verification to legal advice and documentation. With NoBroker, you can rest assured that you’re in good hands. So why wait? Visit our website to learn more about our services and start your journey towards hassle-free real estate transactions today! Click on the link here to explore NoBroker’s real estate services. 

      FAQ’s

      Q1. What is a NOC?

      A1. NOC stands for No Objection Certificate. It is a document issued by a government authority or an agency to certify that there are no legal objections to the transfer of the property.

      Q2. What are the requirements for obtaining a NOC?

      A2. The requirements for obtaining a NOC vary according to the state in which the property is located. Generally, the documents required include proof of identity, proof of ownership, and proof of tax payment.

      Q3. How long does it take to obtain a NOC?

      A3. The processing time for a NOC varies from state to state. Generally, it takes around 2-3 weeks to obtain a NOC.

      Q4. What is the cost of obtaining a NOC?

      A4. The cost of obtaining a NOC depends on the state in which the property is located. Generally, the cost ranges from Rs. 500 to Rs. 2000.

      Q5. What are the risks associated with NOCs?

      A5. The risks associated with NOCs include legal disputes between the seller and buyer, delays in the property transfer process are normal.

      Q6. What is the purpose of a NOC?

      A6. The purpose of a NOC is to ensure that the transfer of property is done legally and without any objections from the government or any other agency.

      Q7. What should I do if I am unable to obtain a NOC?

      A7. If you are unable to obtain a NOC, you should contact the appropriate government authority and seek assistance.

      Q8. Is a NOC required for all types of property transfers?

      A8. Yes, a NOC is required for all types of property transfers in India.

      Q9. What are the consequences of not obtaining a NOC?

      A9. The consequences of not obtaining a NOC include legal disputes, delays in the transfer process, and fines.

      Q10. Is it possible to obtain a NOC online?

      A10. Yes, it is possible to obtain a NOC online in some states. However, the process may vary from state to state.

      All About Stamp Duty and Registration Charges in Uttar Pradesh

      All About Stamp Duty and Registration Charges in Uttar Pradesh

      In 2024, the Uttar Pradesh government introduced a groundbreaking policy to foster economic growth and attract foreign investment. Offering a generous 50% stamp duty exemption, this initiative is particularly targeted at Fortune 500 companies investing in the thriving regions of Noida and Ghaziabad. Accompanying this is a full waiver of registration fees, enhancing the appeal of these areas as prime investment destinations. 

      This policy, part of a broader strategy initiated in 2023 to increase foreign direct investment (FDI), aims to create a robust industrial ecosystem, capitalising on Noida’s strategic proximity to the national capital, its pool of skilled workforce, and efficient law enforcement. Additionally, this exemption extends to Fortune 500 companies investing elsewhere in Uttar Pradesh, reflecting the state’s commitment to becoming a hub for international investors, with incentives spanning across land acquisition, stamp duty, and capital investment.

      Simultaneously, the state continues to ease financial burdens on its citizens, particularly in family-related property transactions. Following the expiration of a previous provision in December 2022, Yogi Adityanath’s government has made a significant move by reducing the stamp duty for property transfers among blood relatives to a nominal Rs. 5,000. 

      This reduction applies to various deeds, including gift deeds, partition letters, and family arrangements or memorandums of agreement, all aimed at facilitating the equitable distribution of family assets. This decision not only relieves citizens from the potential burden of paying stamp duty up to 7% of the property’s value but also plays a crucial role in minimising disputes over family property matters, fostering a more harmonious social environment.

      Recent Updates on Stamp Duty and Registration Charges in Uttar Pradesh

      Yogi Adityanath’s government in Uttar Pradesh has taken a significant step by reducing stamp duty for property transfers among blood relatives. This move, approved during a recent cabinet meeting on August 4, 2023, aims to ease the financial burden on citizens when dealing with family-related property transactions. The reduced stamp duty of just Rs. 5,000 will apply to various deeds, including gift deeds, partition letters, and family arrangements or memorandums of agreement, primarily designed for the equitable distribution of family assets among family members.

      This decision follows the expiration of a similar provision in December of the previous year, providing citizens with substantial savings by exempting them from paying stamp duty that could have otherwise reached up to 7% of the property’s value. The cabinet meeting has further endorsed the proposal to extend this exemption until further orders, albeit with some amendments. To implement this change, the Stamp and Registration Department will issue a notification to officially announce the exemption for deeds related to the transfer of immovable properties. This reduction in stamp duty is expected to reduce disputes in family property matters and potentially stimulate employment opportunities.

      What exactly is Stamp Duty Charge on Property?

      In Uttar Pradesh, stamp duty and registration fees are crucial for property sales. Properly paid stamp duty ensures the legal recording of land transactions, making documents valid as evidence in court. Failure to stamp documents correctly renders them inadmissible in court.

      Paying these fees is essential as per Section 17 of the Uttar Pradesh Registration Act, 1908, for property transactions exceeding Rs. 100. It establishes the buyer as the property owner and registers the property in their name. Stamp duty and registration charges in Uttar Pradesh differ from other states, typically amounting to 5-7% of the property’s market value and 1% of the market value, respectively.

      Charge for Stamp Duty and Registration in Uttar Pradesh

      Stamp duty refers to the tax imposed by the federal government during a property transaction, or when ownership of the property moves from the seller to the buyer. It is assessed on leasehold and freehold real estate contracts for both residential and commercial properties. Since stamp duty is assessed according to states, the rate also differs from region to region. Your papers or documents’ stamp is regarded by the authorities as a legal validity endorsement.

      Understanding Stamp Duty and Registry Charges in UP (2024)

      In Uttar Pradesh, as of 2024, the calculation of stamp duty and registration charges for property transactions is closely aligned with the circle rates set by the local administration. These circle rates, also known as ‘Ready Reckoner Rates’ in some regions, are the minimum valuation at which a property can be legally registered. They vary across different localities, and the government mandates that property registration should not fall below these set rates.

      To simplify the understanding of these charges, let’s break down the rates based on gender categories:

      Gender CombinationStamp Duty in UPRegistration Charges in UP
      Male7%1%
      Female6%1%
      Joint (Male + Female)6.5%1%
      Joint (Female + Female)6%1%
      Joint (Male + Male)7%1%
      (Source: IGRSUP)

      It’s noteworthy that the 1% reduction in stamp duty for female property owners in Uttar Pradesh is applicable only to transactions where the total property value is up to Rs 10 lakhs. This initiative is part of the state’s effort to encourage property ownership among women.

      These rates are significant for prospective property buyers as they directly impact the overall cost of acquiring property. The stamp duty is a percentage of the transaction value, while registration charges, uniformly set at 1% across all categories, are added to complete the legal formalities of property registration. It’s essential for buyers to be aware of these charges to accurately budget for their property purchase and ensure compliance with legal requirements.

      UP Stamp Duty Rates for Different Deeds in 2024

      Apart from property registration, the Uttar Pradesh State government imposes stamp duty on the registration of various types of deeds. Here are some common deeds along with their respective stamp duty charges in Uttar Pradesh:

      • Gift deed: Rs 60-125
      • Will deed: Rs 200
      • Exchange deed: 3% of the Transaction Value
      • Lease deed: Rs 200
      • Agreement deed: Rs 10
      • Adoption deed: Rs 100
      • Divorce deed: Rs 50
      • Bond: Rs 200
      • Affidavit: Rs 10
      • Notary document: Rs 10
      • Special Power of Attorney (SPA): Rs 100
      • General Power of Attorney (GPA): Rs 10-100

      Factors That Affect Stamp Duty And Registration Charges In Uttar Pradesh

      Stamp duty charges vary depending on the following factors-

      • Gender of the owner under individual ownership: Female property owners are charged 6% of property value as stamp duty whereas male owners are charged 7%.
      • Gender of owners under joint ownership: 
      1. Registry Charges in UP for Women: Property owned by two women would be charged with 6% stamp duty.
      2. Stamp Duty in UP for Males: Property owned by two men would be charged with 7% stamp duty.
      3. Property owned by one woman and one man would be charged with 6.50% stamp duty.

      Registration charge would remain constant at !% of property value in each case.

      How to Calculate Stamp Duty and Registration Charges in Uttar Pradesh (UP)?

      Let’s illustrate the calculation of stamp duty and registration charges in UP with an example:

      Suppose Mrs Kiran has purchased a property in Lucknow for Rs 60 lakh, and she needs to pay the required stamp duty and registration charges for property registration.

      In Uttar Pradesh, the stamp duty is 7% of the transaction value, and the registration charges are 1% of the transaction value. Therefore, the total calculation would be as follows:

      • 7% of Rs 60 lakh = Rs 4,20,000
      • 1% of Rs 60 lakh = Rs 60,000
      • Total Amount to be Paid = Rs 4,80,000

      Legal and Illegal Stamp Duties

      Stamp Duty charges in Uttar Pradesh are divided into two categories: Legal and illegal duties. While legal stamp duties, commonly referred to as court fees, are the fees assessed to appellants in court, the stamp duty on a property agreement is classified as a non-legal fee because it is a one-time price. The tax on transfers as well as sale deed accounts for the majority of the state’s stamp duty revenue.

      The Registration and Stamp Duty Fees in Uttar Pradesh


      One of the few Indian states, Uttar Pradesh, has stamp duty rates that are comparatively higher than those in other states. Buyers must pay around 7% of the agreement fee as stamp duty In Uttar Pradesh; however, buyers must also remember that in any state, they must register under the circle rate. If the buyer pays less than the officially registered government-set circle rate, they will be required to pay a lump sum that is determined by computing the district collector’s rate.

      The most populous state in India and the one thought to have been most negatively impacted by the second wave of COVID-19, UP, advocates for the highest fees for property and land registration. Stamp duty rates in Uttar Pradesh have not decreased to this point.

      Stamp Duty Fees in UP for Female

      Women in Uttar Pradesh benefit from lower stamp duty rates when registering properties, as do citizens of many other states. Women in Uttar Pradesh are granted a discount on these fees, but only up to a certain amount. In Uttar Pradesh, women owners only pay 6% in stamp duty plus registration fees, compared to 7% for male owners. However, in Uttar Pradesh, if the price of the property exceeds 10 lakhs, both men and women must pay the same amount in stamp duty.

      Uttar Pradesh’s Stamp Duty Laws and Property Value

      According to section 17 of the Uttar Pradesh Registration Act, 1908, the purchaser is required to register their sale achievement with the sub-office registrar if the transaction’s value or cost exceeds INR 100 to obtain legal validity in the eyes of the law.

      In summary, the purchaser must bear these three essential considerations in mind.

      ● State-to-state variations exist in stamp duty fees.

      ● In most cases, buyers are required to pay 1% of the deal value as registration fees. 

      ● In essence, stamp duty is a charge levied by the government whenever a property is transferred from the producer (seller) to the consumer (buyer), or when there is a transaction of a property. It is calculated simply using the transaction value as a percentage.

      Property Registration Charges in UP

      The new stamp duty registration fees in Uttar Pradesh for real estate were increased by the state government, which had previously set a cap of Rs. 20,000 per transaction. However, with the implementation of the new statement, the fees are now calculated at 1% of the sale price, thus if the asset’s deed is worth Rs.70,000 then the buyer would pay Rs. 60,000 as part of the registration fee. 

      Example for Calculating Stamp Duty Fees in Uttar Pradesh

      Say, Ram is investing Rs. 6,000 per square foot in a house with a carpet area of 900 square feet in a location. Therefore, the property’s circle rate-based valuation would be Rs. 54 lacs. The buyer will currently pay 7% of this sum as stamp duty because the property is being recorded at the same price. The total would result in Rs. 3.78 lacs.

      Even though the property has indeed been registered for a lower price, the buyer is still required to pay the staple sum of 7% according to the circular rate. However, if the buyer’s property has a 64-lac registration price, the payment is made at 7% of 64 lac in stamp duty.

      How to Request Stamp Duty Withdrawal in Uttar Pradesh

      The paid stamp duty can be withdrawn through the IGRSUP portal. On the IGRSUP portal, a user may make online registration for stamp duty repayment (igrsup.gov.in). Here is a step-by-step guide on how to apply online for the stamp duty withdrawal on the IGRSUP portal.

      Step 1: Go to the official IGRSUP portal (IGRSUP login).

      Step 2: Click the “Stamp Vaapsi Hetu Aavedan” option (Revocation of stamp duty from IGRSUP) after logging into IGRSUP. The screen that follows will appear.

      How to Pay Uttar Pradesh Property Stamp Duty Online

      Navigating the process of property registration in Uttar Pradesh has become more efficient and user-friendly thanks to the implementation of a digital system by the state government. This technology-driven approach simplifies the payment of stamp duty, ensuring a hassle-free experience for homebuyers. Here’s a step-by-step guide to completing the stamp duty payment online:

      Step-by-Step Guide to Online Stamp Duty Payment

      • Access the Official Portal: Start by visiting the official website of the Uttar Pradesh Stamp and Registration Department. This portal serves as the primary platform for all property registration-related services in the state.
      Easily navigate to the official portal for seamless property registration in Uttar Pradesh
      • Initiate the Process: On the homepage, look for the ‘Property Registration’ section. Here, you’ll find an ‘Apply’ button, which is your gateway to begin the process.
      • New Registration: Clicking on ‘Apply’ leads to the option for ‘New Registration’. Selecting this will generate a unique application number, which is crucial for tracking your process and future references.
      Seamlessly initiate your property journey with the ‘New Registration’ step – your gateway to owning a piece of Uttar Pradesh.
      • Fill in the Details: You will be redirected to a form where you need to input details about the property. This includes the city, area, and unit size of the property, among other pertinent information.
      Enter your property details here for a straightforward path to registration.
      • Payment of Stamp Duty: The final step involves paying the applicable stamp duty charges for your property. This is an important legal step to formalise your property transaction.

      Once these steps are completed, and the stamp duty is paid, the next phase is verification. The Sub-Registrar Officer will review the uploaded documents. Upon successful verification, the registration document will be generated and made available for download by the applicant.

      This digital procedure marks a significant advancement in streamlining property transactions in Uttar Pradesh, making it more accessible and transparent for buyers. It’s a move that aligns with the digital India initiative, bringing convenience and efficiency to the forefront of property dealings.

      What Are The Tax Benefits On Stamp Duty And Registration Charges In UP?

      Under Section 80C of the Income Tax Act of 1961, everyone in the state of Uttar Pradesh is eligible to claim tax exemptions on registration fees and stamp duties.

      Joint owners are eligible for a tax deduction under this law. The maximum deduction amount is only ₹150,000, though.

      Only brand-new properties are eligible for individual deduction claims.

      The above-mentioned points will make it easier for someone to pay stamp duty in UP without confusion. You can also look up the terms and conditions on the official website.

      What Happens if the UP Stamp Duty and Registration Fees are Not Paid?

      The Indian Stamp Act of 1899 and the Registration Act of 1908 make it necessary for a property purchase to (whose property is for more than Rs 100). If these fees are not paid, the house registry charges in UP will no longer be valid, and you won’t be the property’s owner legally. You might additionally be subject to a fine for that. The penalty might be 2% every month as well as the utmost 200% of the deficiency amount.

      In conclusion, the stamp duty in UP is a tax that must be paid immediately after the property is sold and is an obligatory expense. It is calculated simply using the transaction value as a percentage. Payment of the stamp duty and registration fees in UP ensures that the property is properly registered in government records and eliminates the possibility of a legal or title dispute down the road. 
      So, it must have been clear from the article that Stamp duty in Uttar Pradesh is a tax similar to income tax that the state levies. Stamp duty should always be paid fully and on a perfect routine. If the stamp duty isn’t always paid on time, a fine is imposed for the UP property registration. If you need any help regarding stamp duty and registration charges in Uttar Pradesh, you must consult the real estate and finance experts at NoBroker. If interested, please leave a comment below this blog; our executive will be in touch with you soon

      FAQ’s

      1. How are stamp duties in Uttar Pradesh calculated and How much does Uttar Pradesh charge for land registration?

      Answer. In Uttar Pradesh, buyers are required to pay 7% of the transaction cost as stamp duty. Also, the registration fee for land is 1% of the entire value of your property, up to a maximum of INR 30,000.

      2. How do I try figuring out my UP property registration charges?

      Answer. The calculation for the property registration charge is 1% of the entire transaction value. If the cost of the land, for instance, has been recorded at rupees 1CR, the registration fee will be rupees 1L.

      3. What are the most recent developments regarding Up’s registration fees and stamp duty?

      Answer. Stamp duty and registration fees brought in 22% more money in Uttar Pradesh qs the state has decided not to impose a stamp tax on individuals who are transferring ownership to a member of their family. Previously, 7% of the market value of the property was the stamp duty for the same transaction. However, the price has increased to Rs 5000 plus an additional Rs 1000 for computation.

      4. How can we avoid stamp duty in UP?

      Answer. Avoiding paying stamp duty is illegal, and those who do so risk fines, custody, or even both. Additionally, if the transfer of property is not registered and the stamp duty is not paid, land ownership will not transfer.

      5. Can I pay my stamp duty charges in UP online?

      Answer. By signing on to the official registration as well as the stamp department website, buyers in the state of Uttar Pradesh can pay stamp duty online.

      6. How soon am I supposed to pay stamp duty and registration charges UP?

      Answer. Following the completion of the property transaction, you have 14 days to file a return with HMRC as well as pay any outstanding stamp duty. The majority of the time, your lawyer or conveyancer will calculate & submit your stamp duty amount on your behalf.

      7. What happens if the stamp duty is not paid or not paid on time?

      Answer. Interest must be paid commencing the day after the limit until the settlement date as a consequence of submitting stamp duty after the deadline. This will be in part due to any penalties that might be imposed for submitting documents beyond the deadline.

      Stamp Duty and Taxation on Property Exchange in India

      Stamp Duty and Taxation on Property Exchange in India

      Buying and selling property comes with several tax obligations that both parties must meet; otherwise, such transactions may be against the law. According to section 118 of the Transfer of Property Act, 1882, a transaction is referred to as an “exchange” when two persons trade the ownership of one object for another, whether one of the items is just money or both. Only the method specified for the transfer of such property by sale may be used to transfer property upon completion of the exchange. When two people trade ownership of one thing for another, without either or both of the transferred items containing any cash, the transaction is referred to as an exchange. Each party receives property in which it had no prior interest through this transaction. Each party to the exchange has the privileges and is subject to the seller’s liability concerning what he gives and the buyer’s rights and liabilities with respect to what he takes. For the exchange to be valid, the property must be physically delivered to the parties.

      Principles of Exchange of Property

      A minimum of two parties and two properties, one of which is owned by each of them;

      The exchange of these properties must be reciprocal, i.e., A must transfer his property to B while B must transfer his property to A. Movable or immovable property may be substituted for one another.

      Nothing else should be taken into account besides these characteristics. When two-person trade possessions of one thing for another, without either or both of the transferred items containing any cash, the transaction is referred to as an exchange. Each party receives properties with no prior interest through this transaction. Each party to the return has the privileges and is subordinate to the seller’s liability concerning what he gives and the buyer’s rights and liabilities with respect to what he takes. For the exchange to be valid, the property must be physically delivered to the parties.

      Mutual Understanding and Interaction

      The word “mutually” means that both parties are the same and that there must be an exchange of two items. For example, A sells his property to B, and B sells his own property as collateral for A. This is not exchanged if the transfer comes from one party’s hand. A transfer from a spouse to a wife is not a trade for the purposes of the discharge of her support claim because the woman does not surrender the ownership of something. Like the previous example, an exchange does not occur when two objects are not mutually exchanged but when one edict is offset against the other, and the property acquisition makes up the difference.

      What Exactly is a Property Exchange Contract?

      Property exchange means an agreement between two parties to exchange particular assets known as a property exchange agreement. An agreement for a property exchange makes it easier to transfer ownership of assets.

      Any asset can be transferred via this type of agreement, including real estate, intellectual property, stocks, and bonds. Although they are frequently employed in corporate transactions, property exchange agreements can also be utilised in private transactions.

      Stamp Duty and Property Exchange Taxes

      The selling consideration is typically paid in cash when buying a property. But it’s not required that the payment for the purchase of property always entails cash. Depending on how much space you need and other factors like cost, you could wish to relocate to a bigger or smaller location. The law governing property permits the exchange of one property for another. The exchange of one residential location for another is not always essential. You can also trade in one business property for another, be it a piece of land, a building still under construction, a commercial property, or a residential property. If the values of the two assets differ, monetary payment may address the discrepancy.

      Understanding what is Stamp Duty

      The government can recover the tax by charging stamp duty. As the legal owner of a property that is ultimately Indian land, a party must pay this stamp duty or tax while registering any document. The cost to update government records is known as the “party fee,” which includes paying the expert who handles these chores.

      The location of the land, building, flat, or any other immovable asset, as well as the state in which the property is situated, can affect how much stamp duty you must pay. The value for stamp duty is taken as the property with the higher market value. Stamp duty is 3% of the property exchange value in case of any real property given to a family member. If someone other than a family member transfers the property, the stamp duty would be 5 percent in that situation. Many different forms of transactions, including conveying deeds, sales deeds, and power of attorney documents, are subject to the stamp duty levy. 

      After paying stamp duty, a person can only pick up the property-related paperwork. Since stamp duty is calculated as a proportion of the property’s cost, it fluctuates according to its assessed value and kind. Further comparisons are made between the quantity obtained and the current circle rate. The ultimate sum of stamp duty is computed based on the higher value.

      Impact of Stamp Duty on Property Exchange

      When selling a property, it’s crucial to start an exchange of a sale deed or sale agreement, which must be marked with the rate that applies to the property’s market value.

      However, as an exchange transaction is entirely different from a sale transaction, an exchange document is necessary to make a property exchange. Another option is to start two distinct sale deeds, although in that case, stamp duty would have to be paid on both contracts because each state has a unique set of laws; it is crucial to confirm that you are following those rules. For stamp duty on property exchange, the properties with larger market value are considered to have the higher value. For instance, if you trade your smaller apartment for a larger one within the same building, stamp duty will be due on the greater apartment’s market value.

      The two parties must agree on the price of the stamp duty for it to be paid. If the parties to a sale deed cannot agree, the buyer is responsible for paying stamp duty. In contrast, in the case of an exchange of transfer of property act, the issue must be settled amicably between the parties.

      The exchange deed must be recorded with the offices of the registrar of assurance because it purports to transfer immovable property rights in pursuance of Section 54 of the exchange under the Transfer of Property Act.

      Immovable property exchanges have income tax repercussions. Any gain or loss will be deemed long-term if the property is swapped over a term longer than 24 months. Similarly, any profit or loss earned during the exchange’s acquisition of property under transfer of act will be regarded as short-term if the term is less than 24 months. It is possible that neither party did not add additional value to the property other than the difference in price when drafting the exchange document. Knowing your property’s market value as determined by stamp duty and comparing it to the amount it was initially purchased will help you calculate capital gains in these situations.

      The Essentials for an Exchange of Property Deed

      When property owners desire to trade ownership of their property with another to take possession of it, they establish a deed of exchange. A deed of exchange will be used to carry out such a transfer. By executing a deed of exchange, parties can swap money and other assets in addition to immovable property. The transaction will not qualify as an exchange and will constitute a sale if one party pays money for something that is not money.

      What is Recorded in an Exchange of Property Deeds?

      In an exchange of property deed, the following is noted:

      ●The exchange’s date

      ●Names and addresses of the persons involved in the exchange of the property.

      ●Details on the property, including its location, surroundings, and other details.

      ●An exchange is a statement that refers to a real estate transaction.

      ●Signature of the parties and the witnesses are included.

      ●The registration cost or stamp duty will be charged during the property exchange.

      Registering in Delhi for a Property Exchange Deed

      The methods listed below can be used to apply for a property exchange deed in Delhi online:

      1. Select the “Deed Writer” option on the Delhi Online Registration Information System website.

      2. From the drop-down list, select the exchange property option.

      3. The calculation and presentation of the appropriate stamp duty for the transaction on your screen.

      4. Pay the stamp duty by visiting the Stock Holding Corporation of India website.

      5. After making a payment, download the payment receipt.

      Once your money has been accepted, you must schedule a meeting with the revenue department’s Sub Registrar. Follow these steps to accomplish this:

      1. Visit the Delhi Revenue Department website.

      2. Choose your SRO, area, and district names.

      3. The stamp number on your payment receipt must be filled out.

      4. Pick a time and date that work for the appointment.

      5. Once the procedure is complete, an SMS notification will be sent to you confirming the appointment.

      This is how the procedure works for the registration in Delhi for property exchange deeds.

      Income Tax Consequences of Property Exchange

      Income tax issues arise with immovable property exchanges under act notes as well. Any profit or loss realised on the exchange of a property after it has been held for longer than 24 months will be considered long-term. The profit or loss will be short-term if the exchange of property is made less than 24 months after its acquisition. There may also be swaps where neither party assigns any value to the item, and the exchange deed specifies the difference in value. In these circumstances, you must determine your property’s market worth according to the stamp duty ready reckoner and contrast it with the price you paid to calculate any capital gains on exchange of property

      A residential property exchange qualifies for the exemption under Section 54. There won’t be any tax responsibilities for the proprietor of the lower value apartment who is trading it for a higher value one. The smaller flat will not be subject to taxes if you buy it and its market worth is at least equivalent to the indexed long-term profits calculated above on the larger flat. However, suppose the market price is less than the indexed long-term capital gains. In that case, the difference between the sale and exchange under Transfer of Property Act is that in a sale, the consideration is the price that has been paid, promised, or partially paid; in exchange, the consideration is the transfer of one asset in exchange for another.

      It is abundantly evident from the discussion above that while exchanging one property for another does not result in a particular tax benefit, doing so through an exchange deed may result in a saving on stamp duty.

      The explanation given above provides a thorough understanding of stamp duty and taxation on property exchange. Easing one property for another does not result in any unique tax benefits; however, using an exchange deed can result in savings on stamp duty. Each partner in a money exchange guarantees the veracity of the money he has given. Money of the same or various denominations or other currencies can be exchanged for additional cash. Money in this context refers to both coins and banknotes.  If you need legal and financial help or wish to consult property exchange experts, you must consult the experts at NoBroker. If interested, please comment below this blog, our executive will be in touch with you soon.

      FAQ’s

      Q. Is it necessary to pay stamp duty changes on all property transactions?

      Yes, every property purchased legally comes with a standard stamp duty charge as per the state laws. 

      Q. Do all Indian states have the same stamp duty rates on the property?

      No, the stamp duty on the property can differ from state to state.

      Q. Does the property have to be immovable?

      The properties used in exchange might be either moveable or immovable. A transportable asset can be transferred in exchange for an immovable asset and vice versa.

      Q. What is stamp duty in Maharashtra?

      The stamp duty on property in Maharashtra ranges between 6% to 7% of the entire property value. 

      Q. Is stamp duty on property the same for men and women property buyers?

      No, in some Indian states, the stamp duty is lower for women property buyers. 

      Property Inheritance Strategies that will Help Your Kids Become Financially Independent

      Property Inheritance Strategies that will Help Your Kids Become Financially Independent

      The rights of heirs upon the death of a property owner are explicitly specified in the legal framework of the Indian constitution through several statutes. These laws include the Transfer of Property (Amendment) Act, the Indian Succession Act, and the Hindu Succession Act, amongst others. Let us examine how these statutes may assist if someone passes away intestate, which means they did not leave a will. The transfer of ownership of a Property Inheritance, with its titles, debts, rights, and duties to a legal heir following the property owner’s death, is the primary focus of the inheritance rights associated with that property. As a result of erroneous information and a general lack of understanding about the legality of inheritance, even the most close-knit families may become fractured. It is vital to educate the layperson about these topics.

      There are fundamentally two methods in which a selling inherited property may be passed to an inheritor:

      ● Through the use of a will, which is also referred to as testamentary succession. In this kind of succession, the person who creates the will is called the testator, and the person identified as the receiver is called the legatee.

      ● Through a process known as “intestate succession,” in which the estate is divided up among the people who are legally entitled to it. This is used if the court’s procedure for discovering and proving a will, known as probate, does not uncover a will or other testament.

      What is a Property Will?

      Wills are legal documents drafted by the person who owns the estate, referred to as the testator. The will specifies how the testator wishes for their assets and things to be distributed after death. In writing a will or a testament, an executor must be selected to manage the estate and its interests.

      An executor is often an advocate representing the person who has passed away. The percentage of the distribution of assets inherited by the children or a charity trust, whoever is designated in the will, is detailed in the last will. A court overseeing the probate process is responsible for monitoring how the executor carries out the desires expressed in a will to sell an inherited house.

      What are the Rules that Govern the Transfer of Property?

      Part IV of the Indian Succession Act, passed in 1925, addresses how a common ancestor relates to the beneficiaries of the testator’s assets. This is also referred to as lineal consanguinity, describing the relationship between a man and his father, grandfather, and so on upwards. The term “collateral consanguinity” refers to the relationship between two people who have a common ancestor but are not directly descended along the same line after that ancestor. Some examples of collateral consanguinity include cousins as well as uncles and nephews. When there is a will, the Indian Succession Act can competently manage the myriad of minutiae involved in an estate’s disposal.

      The Hindu Succession Act of 1956 was passed to address the problem of distributing a dead person’s possessions without a will for inheriting a property, often known as intestate distribution.

      To clarify intestate succession rules for Christians, Parsis, Jews, and Muslims, one must refer to sections 30 to 42 of the Indian Succession Act, which was passed in 1925. Intestate succession is defined under the Muslim Shariat Application Act, passed in 1937 and applies only to Muslim families.

      Application of the Rules of Intestate Succession Depending on Gender

      property inheritance
      Property inheritance needs planning and strategies for it to secure the kids’ financial future

      The Hindu Succession Act, which was passed into law in 1956, specifies the following methods for the transfer of assets:

      When a male dies without a will, his assets are distributed among his Class I legal heirs, namely, sons, daughters, mothers, widows, sons of a predeceased son, widows of a predeceased son, sons of pre-deceased sons of a predeceased son, and widows of a predeceased son. In the absence of Class I legal heirs, Class II legal heirs get a portion of the capital gains tax on inherited property Class II legal heirs is given priority in the following order:

      Father

      Son’s / daughter’s son

      Son’s / daughter’s daughter

      Brother

      Sister

      Daughter’s / son’s son

      Daughter’s / son’s daughter

      Daughter’s / daughter’s son

      Daughter’s /daughter’s daughter

      Brother’s son

      Sister’s son

      Brother’s daughter

      According to an amendment that was made to the Act in 2005, the inheritance of a Hindu woman’s inheritance tax on the property is distributed to her heirs in the following order of priority:

      ● Her sons and daughters, including the offspring of any sons or daughters who had predeceased her, and the husband and the husband’s heirs.

      ● Her parents, her father and her mother

      ● Both her mother’s and father’s heirs will inherit from her.

      The rules and acts that regulate the execution of a will or the intestate distribution of a person’s tax on the sale of inherited property among their legal successors are written in a way that is not too complicated for the average individual to comprehend. The testator would be better prepared to form a will if the nitty-gritty details of these ordinances were detailed in simple words, and there would be no cause for successors of the testator to disagree with one another after the testator’s passing if these details were revealed.

      Inheritance or Bequest in a Will as a Means of Transferring Property

      Although it is possible for any of the legal heirs or any other person or persons claiming to be entitled to contest a will or challenge the distribution of the assets of the dead person, it is important to keep in mind that the legal process may be laborious, time-consuming, and expensive. In an ideal situation, if a settlement can be made amongst the family members/heirs/etc., then the same should be executed by executing and, if needed under law, registering the proper papers for the sale of inherited property to guarantee that there is no future disagreement.

      The process of proving a will, enforcing a will, or contesting a will is defined by several laws, including the Indian Succession Act of 1925, the Code of Civil Procedure of 1908, and several court regulations. The same procedure should be followed to avoid needless delays in estate administration.

      When one receives an inheritance, determining who currently owns the property and has the title to it is the most critical step to take. If a person inherits property, it is the responsibility of the legal heir to have the inherited property changed and transferred into their name, as well as to register the new ownership with the appropriate authorities.

      If a will transfers ownership, the will itself must be presented to the registrar, and the mutation must be carried out following the terms of the will. Only a will that has been registered may be used. As a result, it is essential for the person who owns the property and is preparing the will to get the will registered.

      Eligibility alone is insufficient to acquire ownership of a property inheritance law in Indiamore requirements must be met. Depending on the kind of property, the number of heirs qualified to inherit it, their legal rights, and other factors, one must fulfil all necessary legal requirements and transfer the title. To put it another way, to have the ownership of the property changed, the person wishing to do so must be able to provide valid evidence of their inheritance and claim to the land.

      Several Changes to the Hindu Succession Act

      Daughters were granted equal rights as coparceners due to revisions introduced to the Hindu Succession Act in 2005. These amendments took effect immediately. Nevertheless, the situation was left up to interpretation since the modification was implemented starting on the day it was announced. Still, it did not take into account events before 2005. To put this matter to rest, on August 11, 2020, the Supreme Court (SC), in a landmark judgement, ruled that daughters possess equal rights as coparceners under the Hindu Succession Act, regardless of the day the amendment came into effect.

      This ruling was intended to clear up any confusion that may have existed regarding this issue. According to the Apex Court, a daughter automatically acquires her coparcenary rights upon birth. Therefore, the regulations outlined in the Act apply even if the father was already deceased when the modifications were implemented in 2005. Additionally, the daughter’s rights to the coparcenary taxes on inherited property are unaffected by her marriage to the son-in-law.

      Building a financially stable future for yourself and your family requires a great deal of patience and planning. Indians who have built wealth through property and real estate have to plan and strategize so that their children could take the best benefits from the property inheritance. If you have any queries regarding legalities involving property inheritance, you must consult the team of real estate experts at NoBroker. They will guide you along the way and clarify any queries. If you’re interested, please leave a comment below this article; our executive will be in touch with you soon. 

      FAQS

      Q. What does the term property mean in the Indian context?

      Answer – The term property often refers to real estate and immovable assets of an individual or a family. 

      Q. What does property inheritance mean?

      Answer – Property inheritance is a part of succession where an asset is passed on or transferred to another person within or outside the family. 

      Q. Does India have any property inheritance law?

      Answer – Yes, there are laws regarding property inheritance and according to the Indian laws, any property that is not mentioned in the will of the property owner shall be distributed equally amongst the person’s male/female heirs.

      Q. Can daughters stake claim over parents’ property after their death?

      Answer – Yes, as per Indian law daughters are eligible for property inheritance in India.

      Q. Can I sell a property I inherited?

      Answer – Ancestral property cannot be sold without the explicit content and agreement of all successors. Any other property can be sold after permission from the court.

      Nmmc Property Tax Payment Online and Offline Explained

      Nmmc Property Tax Payment Online and Offline Explained

      A sizable municipal corporation called Navi Mumbai is located outside Mumbai, which serves as the nation’s financial hub. If you own land in Navi Mumbai, you must pay NMMC property tax. Like all other districts in India, property taxes vary depending on the type of property in the NMMC. You would have to pay the Navi Mumbai Municipal Corporation real estate taxes depending on whether you own residential or commercial property. NMMC stands for Navi Mumbai Municipal Corporation. The municipal entity receives a sizable portion of its income from the NMMC property tax, which is used to pay for construction initiatives in the satellite city. 

      The total number of NMMC property taxpayers, including residential, non-residential, including industrial properties, is 3,25,179. In addition to the 58,611 non-residential and 5,636 industrial Navi Mumbai Municipal Corporation property taxpayers, there are 2,60,932 residential NMMC property taxpayers. For residential properties smaller than five hundred sq. feet, the NMMC capital levy has been repealed by the urban development minister of Maharashtra. This is true until 2022. Pay your Navi Mumbai Municipal Corporation property tax by maturity if you own a residential property that’s 500 square feet or an advertisement property.

      Understanding NMMC Property Taxation

      Now Let’s Learn more about your NMMC property tax payment. If you buy property in the Navi urban centre, the NMMC is to blame. Navi Mumbai Municipal Corporation is mentioned as NMMC. More than 3.25 large integer homes registered under that are subject to NMMC capital levy and should be paid. These embrace fifty-eight thousand non-residential properties and more than 2.6 lakh residential ones.

      All of those NMMC property tax payments usher in cash for the state. The government then spends this money on town infrastructure and development. Visit the official website at https://www.nmmc.gov.in/navimumbai to learn more about the Navi Mumbai Municipal Corporation property tax and how to pay it. Choose “Property” from the list of “Online Services” options. Navi Mumbai’s 162.5 sq. km. is split into nine body regions like Belapur, Dahisar, Ghansoli, Digha, etc.

      How To Pay Property Tax In NMMC

      How To Pay Property Tax In NMMC
      Navi Mumbai Municipal Corporation property payment website homepage

      Your NMMC property tax can be paid in two different ways: online and offline. You would have to go to your ward office to pay offline physically. The more straightforward method is to pay your NMMC property taxes online. You must first conduct a property code search in both situations. Learn how to pay the Navi Mumbai Municipal Corporation property taxes using the two methods below.

      Payment of NMMC Property Taxes Online

       NMMC Property Taxation
      NMMC property tax payment online window
      • Visit the Navi Mumbai authority’s internet site’s assets tax fee web page at https://www.nmmc.gov.in/web/10156/70. Before deciding on “SEARCH,” pick “Property Tax” and type “Property code.”
      • You will arrive at an internet site with records of the assets, consisting of the call of the owner, the penalty, and the quantity owed.
      • To get admission to the web page, together with your fee options, pick the choice labelled “Pay Online.” Any Navi Mumbai Municipal Corporation assets tax fee mechanism is available, consisting of credit score cards, debit cards, internet banking, NEFT/RTGS, and more.
      • The technology of transaction reference variety permits you to print out your challan.

      Property Tax Payment for NMMC Offline

      • On the NMMC internet site, choose the assets tax fee option. Enter the code of the asset to view the asset’s details. You can generate an offline challan by deciding on the “offline” fee option.
      • To pay the Navi Mumbai Municipal Corporation assets taxes, download the challan and visit the nearest NMMC ward office.
      • Gather and preserve the NMMC property tax receipt for destiny use.

      The NMMC Property Tax Bill Viewing Process

      The volume to receive access to the note networked is a comfort provided by way of the resources of the management. The choice to “visualise up-to-date note” search out be had at the actual Navi Mumbai Municipal Corporation charge on what is owned itemised bill. You keep progressing the location on the world wide web giving property dopes accompanying outstanding balance afterwards in your building law. Once skilled, pick the “visualise up-to-date note” choice. Your note grants permission to be practically obvious. This is printable and grants permission to download. On this location on the world wide web, you take care of furthermore catch effort to the fees that have earlier existed compensated. After using the site’s inquiry about the property by habit or method of call choice, you keep further scrutiny at your IOU.

      Choose the “Property Search” option. On the website’s property inquiry, the main page records this type of district, plot, subdivision, construction, and partner’s call. You should have access to the detailed records, including some free taxes. Visit your family register for records as long as you favour it. To receive entrance to the location on the world comprehensive web show news and free Navi Mumbai Municipal Corporation property tax, recommend your apartment rule. The “View Ledger” choice at hostile of the location on the world wide web addresses you to the property’s register location on the world wide web.

      How to check property details for NMMC property tax

      Click on “Property Search” at the NMMC belongings tax hyperlink or go to https://www.nmmc.gov.in/belongings-seek to look for statistics about the belongings or to look at the Navi Mumbai Municipal Corporation property tax invoice with the aid of using the name.

      You must input statistics, ward, sector, plot, building, proprietor first and last name at the belongings tax Navi Mumbai web page earlier than clicking “seek.”

      You will get a listing of Navi Mumbai belongings tax statistics, along with the belongings code, proprietor’s name, address, ward, sector, and plot.

      What happens if the NMMC property tax is not paid on time?

      The Navi Mumbai Municipal Corporation rule states that you must pay Delay Payment Charges (DPC) if you do not pay the NMMC charge on what is owed according to schedule. Therefore, you will need to pay a punishment in addition to the basic Navi Mumbai Municipal Corporation charge on what is owed. Failure commotion for one zero-hour commit influences the Navi Mumbai Municipal Corporation to charge on what is owned by a severe attractive operation. So, what takes place if the fee is deferred? The NMMC rule states that you must pay Delay Payment Charges (DPC) if you do not pay the Navi Mumbai Municipal Corporation charge on what is owed according to schedule. Therefore, you will furthermore pay a punishment in addition to the basic Navi Mumbai Municipal Corporation charge on what is owed. 

      Online NMMC property tax name change

      A few documents are required to change the name on the NMMC property tax record. These consist of:

      • Navi Mumbai Municipal Corporation’s most recent property tax receipt.
      • Details of the deed transaction are in an attested copy.
      • Certificate of no objection from the licenced housing society.

      Resolution of NMMC property tax complaints

      You can submit any complaints you may have regarding your Navi Mumbai Municipal Corporation property tax at https://www.nmmc.gov.in/navimumbai/grievance. You should first sign up for an account on the website before you can file a complaint, follow its progress, and offer feedback.

      NMMC Property Tax Definition Amnesty Plan

      You can more easily resolve this amount manually because, similarly to Navi Mumbai Municipal Corporation, the annual charge on which is possessed for dwellings’ facial characteristics equals 38.67% of the rateable value. The allocation is 68.33 portion of the rateable profit for non-dwellings ownerships. Find out the smooth annual rent for your characteristic if you concede the possibility of the rateable advantage of it. Once you have the total, deny 10% of it for authorised deductions. The profit you acknowledge is your characteristic’s rateable benefit.

      NMMC or Navi Mumbai Property Tax Calculation

      Based on the rateable cost of your belongings, you may decide on your NMMC property tax payment. To hold the transparency of tax calculations, the NMMC publicises the rateable well-worth for every financial year.

      The following variables affect this rateable cost:

      ● Construction style

      ● Making use of the space

      ● Rent for the building

      Enhancements performed to the home Based on the share that the authorities have set in keeping with the belongings’ use, you need to decide the Navi Mumbai Municipal Corporation property tax. The NMMC belongings tax may be calculated manually or online. The authorities have set the quantity at 68.33 per cent for industrial and production houses and 38.67 per cent for residential homes.

      Calculator for NMMC property taxes online

      The tax calculator on the NMMC website makes it simple to compute your NMMC property tax online. To calculate your NMMC Property Tax, you only need to enter the most essential information, such as your ward, asset usage, occupant status, and property type.

      Calculator for NMMC property taxes manually 

      You can resolve this amount manually because, following NMMC, the annual charge on what is owned for dwelling features equals 38.67% of the rateable worth. The allotment is 68.33 portion of the rateable profit for non-dwellings possessions. Find out the planned annual rent for your characteristic if you are going to decide the rateable value of it. Once you have the total, withhold 10% of it for sanctioned deductions. The profit you accept is your characteristic’s rateable advantage. 

      Making sense of the NMMC grievance redressal portal

      Navigating real estate in India can often be a convoluted process, and with the introduction of the NMMC Grievance Redressal Portal, things are about to get a lot simpler. This portal is specifically for citizens of Navi Mumbai and has been established to simplify the process of filing complaints regarding the city’s real estate concerns. In this section, we’ll look at how to pay property tax online Navi Mumbai and why to use the NMMC Grievance Redressal Portal i.e. https://www.nmmc.gov.in/navimumbai/grievance.

      Graphical user interface

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      A handy guide to using the portal

      The NMMC Grievance Redressal Portal has been designed to make it easy for citizens to lodge their grievances. All you need to do is register as a user and use the portal to file your complaint. Here’s a handy step-by-step guide to using the portal:

      • Visit the [official NMMC Grievance Redressal Portal]( https://www.nmmc.gov.in/navimumbai/grievance)
      • Create an account by entering your name, contact details, and other relevant information
      • Log in to your account and select the type of complaint you wish to file
      • continue
      • Fill in all the required information and submit the form
      • You will receive a unique complaint number which you can use to track the status of your complaint

      What are the benefits of the NMMC grievance redressal portal?

      The NMMC Grievance Redressal Portal offers a host of benefits for citizens of Navi Mumbai. Here are some of them:

      • It provides citizens with an easy and efficient way to file their grievances regarding property taxes, development work, and other real estate concerns. 
      • It helps to streamline the process of filing complaints, making it easier for citizens to get their issues resolved quickly.
      • It saves time and effort by eliminating the need for citizens to visit the NMMC office in person.
      • It allows citizens to track the progress of their complaints in real-time.
      • It enables citizens to pay their property taxes and other dues online with NoBroker
      • continue
      • It provides citizens with an effective platform to voice their concerns and get them addressed quickly.

      Why is the NMMC grievance redressal portal a necessity?

      The NMMC Grievance Redressal Portal is a necessity for citizens of Navi Mumbai as it helps to bridge the gap between the citizens and the authorities. It provides an effective platform to ensure that citizens’ grievances are addressed in a timely manner. This is especially important in the context of NMMC property tax bills, how to pay property tax online in Navi Mumbai, NMMC property tax bill payment online, NMMC property tax bill search by name, NMMC property tax bill download, and Navi Mumbai Mahanagar Palika property tax. The portal also helps to keep the citizens informed about the property tax rate in Mumbai and NMMC grievance.

      Using the NMMC Grievance Redressal Portal is an easy and hassle-free way to lodge complaints regarding property taxes, development work, and other real estate concerns. It streamlines the process of filing complaints and provides citizens with an effective platform to voice their concerns and get them addressed quickly. Citizens of Navi Mumbai can also use NoBroker to pay their property taxes

      NMMC Property Tax: Information to keep in mind 

      1. Each calendar year, the zero-hour NMMC charge on what is owed is in February. The fee of zero hours for the financial year 2022–2023 will affiliate with the organisation in Feb 2023.
      2. The management will set DPC if you always do not pay the Navi Mumbai Municipal Corporation charge on what is owned inside the assigned opportunity (Delayed Payment Charges). Then, apart from the due tax, you must pay the DPC.
      3. If you are a recorded resident, the NMMC allows you to file a complaint in addition to taking action. If you have some gripes, you can file a ruling class at https://computer network.nmmc.gov.in/navimumbai/complaint. The Navi Mumbai Municipal Corporation records are connected to the internet name changes.
      4. The voucher abstention from interference current fee of the Navi Mumbai Municipal Corporation (NMMC) charge on what is owned by the bill must be offered. Bring a NOC from the dwelling organisation and an affirmed duplicate of the undertaking contract.
      5. You can record an SMS alert for the due date and amount of your NMMC bill payment charge on what is owed. Select “Register for E-Demand/SMS Alert on the connected internet fee page.”

      The government offers a simple and open way to pay NMMC property taxes. The official website has all the necessary information to use all the services. Navi Mumbai Municipal Corporation property taxes can be paid offline or online. You can also use an online tax calculator or manually calculate the amount. Do not forget to pay NMMC property tax on time. Due to the pandemic, the government has waived 75% of late fees. Please take this opportunity to register online. If you are facing issues or have disputes regarding your property tax, you must consult the legal and real estate experts at NoBroker. They will understand your problem, and successfully address your queries regarding property tax. If you are interested, please comment below this blog, our executives will be in touch with you soon.

      Frequently Asked Questions 

      Q. What does NMMC charge for what it is owned?

      Answer: Navi Mumbai Municipal Corporation is referred to as NMMC. You pay the Navi Mumbai Municipal Corporation to charge what is owed to the management concerning your residence in Navi Mumbai.

      Q. Is it likely to reckon the NMMC charge on what is owned manually?

      Answer: The NMMC charge on what is owned maybe persist manually, agreed. Before shrewd the tax, you must obtain your feature’s rateable advantage. Calculate utilising a 38.6 allotment dwellings tax rate and a 68.3 portion marketing charge on what is owned rate.

      Q. What further services are convenient on the NMMC charge on what is owned by the site?

      Answer: The NMMC charge on what is owned site may be second-hand for the following purposes: enrolling in the Amnesty programme ordering a complaint changing the records at the NMMC’s name, Free charge on what is owned judgement enrolling in an SMS alert

      Q. Municipal Corporation charge on what is owned second-hand for apiece administration?

      Answer: Your fee of the NMMC property tax produces gains for the management. The management uses these services for additional types of building and foundation bettering.

      Q. What does NMMC’s property rule mean?

      Answer: Each construction in the Navi Mumbai Municipal Corporation has appointed a specific alphanumeric rule famous as the NMMC Property Code. Your Navi Mumbai Property Code is at the top of your tax report. Alternatively, you can list your name, surroundings name, and additional analyses to follow your NMMC Property Code in this place.

      Q. How can property tax be due for NMMC?

      Answer: To acquire your bill, make use of the official site. The Navi Mumbai Municipal Corporation’s charge on what is owned can therefore be due independently or online.

      Property Circle Rate in Ghaziabad – What You Need to Know About it

      Property Circle Rate in Ghaziabad – What You Need to Know About it

      The circle rate is the lowest value to which property owners can be decreased. The factor that differs from one location to another is the market value and consideration value. When setting the circle rates, variables are considered, including the type of property, the market price in that area, and the available infrastructure facilities. It is often referred to as the guiding value or the ready reckoner rate. It is the cheapest rate, or minimum cost, at which the sale and transfer of a commercial or residential property, whether a plot of land, a flat, or a built-up house in Ghaziabad, the government of Uttar Pradesh sets circular tariffs. In Ghaziabad, the government of Uttar Pradesh sets circular tariffs. The circle rate in Ghaziabad is the bare minimum of a specific area used to determine the amount of stamp duty assessed when purchasing and transferring real estate.

      Circle Rates in Ghaziabad

      The Uttar Pradesh government establishes the Ghaziabad circle rates through the registrar or sub-registrar office to determine the stamp duty and registration fees for buying or selling any real estate property. The circle rate is essentially the property’s market worth (consideration value), which differs from area to area. The market value of the region and the facilities that are accessible in the area affect how much a circle rates in Ghaziabad.

      Based primarily on the road width, the property circle rates change. Below are the property circle rates in Ghaziabad for 2024:

      Circle Rate in Ghaziabad for Residential Plots

      Here is the Ghaziabad Circle Rate list for 2024 for Residential Plots. There has been an average increase in the Circle rate of 10-12% in the last few years.

      Plot Rates Per Square Metre
      Area NameUp to 9m Wide Road9m to 18m Wide RoadAbove 18m Wide Road
      Vasundhara – Sector 1 to 19₹ 56,000₹ 58,800₹ 61,600
      Kaushambi – All areas₹ 72,000₹ 75,600₹ 79,200
      Indirapuram₹ 66,000₹ 69,300₹ 72,600
      Indirapuram – Jaipuriya Sunrise Green₹ 14,000₹ 14,200₹ 14,500
      Surya Nagar – Surya Nagar₹ 67,000₹ 70,400₹ 73,700
      Chandra Nagar – Chandra Nagar₹ 67,000₹ 70,400₹ 73,700
      Ramprasatha – Ramprasatha₹ 67,000₹ 70,400₹ 73,700
      Vaishali – Sector 1, 2, 3, 4, 5, Vaishali X and Others₹ 67,000₹ 70,400₹ 73,700
      Panchavati Colony – Panchavati Colony₹ 34,000₹ 40,000
      Satyam Enclave – Satyam Enclave₹ 37,000₹ 38,000
      Kavi Nagar – Block A₹ 46,000₹ 48,000₹ 50,000
      Kavi Nagar – Block B, K₹ 47,000₹ 49,000₹ 50,000
      Kavi Nagar – Block C, D, L₹ 48,000₹ 50,000₹ 51,000
      Kavi Nagar – Block E₹ 44,000₹ 48,000₹ 50,000
      Kavi Nagar – Block F, G, H, J₹ 47,000₹ 50,000₹ 52,000
      Kavi Nagar – Block I₹ 48,000₹ 50,000₹ 52,000
      Kavi Nagar – Block M₹ 49,000₹ 50,000₹ 52,000
      Surya Enclave – Surya Enclave₹ 29,000₹ 30,000₹ 31,000
      Ansal API – Ansal API₹ 26,000₹ 28,000₹ 29,000
      Nehru Nagar 2 – Block A, B₹ 43,000₹ 45,000₹ 48,000
      Nehru Nagar 2 – Block C, F₹ 43,000₹ 47,000₹ 50,000
      Nehru Nagar 2 – Block D₹ 39,000₹ 41,000₹ 43,000
      Nehru Nagar 2 – Block E₹ 42,000₹ 46,000₹ 48,000
      Nehru Nagar 2 – Block G₹ 38,000₹ 40,000₹ 42,000
      Nehru Nagar 3 – Block A₹ 41,000₹ 44,000₹ 46,000
      Nehru Nagar 3 – Block B, E₹ 42,000₹ 45,000₹ 47,000
      Nehru Nagar 3 – Block C₹ 44,000₹ 45,000₹ 48,000
      Nehru Nagar 3 – Block D, G, H, J₹ 42,000₹ 44,000₹ 46,000
      Nehru Nagar 3 – Block F, L₹ 43,000₹ 45,000₹ 47,000
      Nehru Nagar 3 – Block K₹ 39,000₹ 41,000₹ 43,000
      Nehru Nagar 3 – Block M, N₹ 46,000₹ 47,000₹ 50,000
      NH24 – Aditya World City, Shahpur Bhamta₹ 14,000₹ 14,200₹ 14,500
      Wave City – Wave City₹ 14,000₹ 14,200₹ 14,500
      Girdhar Enclave – Girdhar Enclave₹ 38,000₹ 39,000
      Sahibabad – Between Link Road and Railway Line₹ 29,000₹ 31,000₹ 34,000
      Sahibabad – Area Before Link Road₹ 42,000₹ 43,000₹ 46,000
      Sahibabad – Area Between GT Road and Railway Line₹ 33,000₹ 35,000₹ 38,000
      Sahibabad – Shyam Park Main₹ 31,000₹ 34,000₹ 36,000
      Sahibabad – Om Nagar₹ 32,000₹ 33,000₹ 34,000
      Aditya High Street₹ 15,000₹ 15,500₹ 16,000

      Ghaziabad Updated Circle Rate for Flats and Floors

      Area NameFlats and Floors (Per Square Yard)
      Vasundhara₹ 47,000
      Kaushambhi₹ 57,000
      Indirapuram₹ 52,000
      Indirapuram₹ 52,000
      Indirapuram₹ 52,000
      Surya Nagar₹ 52,000
      Chandra Nagar₹ 52,000
      Ramprasatha₹ 52,000
      Vaishali₹ 52,000
      Vaishali₹ 52,000
      Satyam Enclave₹ 32,000
      Kavi Nagar₹ 37,000
      Nehru Nagar 2₹ 35,000
      Nehru Nagar 3₹ 35,000
      NH24₹ 24,000
      Wave City₹ 25,000
      Girdhar Enclave₹ 32,000
      Sahibabad₹ 32,000

      How to Calculate Property Rate from Circle Rate

      To calculate your property rate from the circle rate, all you need to do is to multiplying the built-up area by the circle rate of the locality.

      For example, if your property is in Indirapuram, the  Circle rate in this area is ₹72,600 per square metre. So if your property occupies  500 square meters of area,

      Property Rate = ₹72,600* 500 = ₹36,300,000.
      ie 3.63 Crores.

      Calculation of Stamp Duty Using the Circular Rate

      Keep in mind that builders often use square footage to describe a property. Let’s say you purchase a home in Ghaziabad with a carpet area of 1,500 square feet or roughly 166 square yards. Let’s say you purchased a property in Vasundhara, whose circle rate is currently Rs. 47,000. The minimal value of the property will be determined by multiplying the carpet area by the per-square-yard rate, and the stamp duty will be calculated as a proportion of this value. 166 times 47,000 is Rs. 78.02 lakhs. As a result, Rs 78.02 lakhs would be charged as stamp duty.

      More about Ghaziabad Circle Rates

      Commercial properties are subject to a higher circle rate from the State government than residential buildings. The Uttar Pradesh government considers several factors while determining circle rates in Ghaziabad, including the type of property, the area’s market value, and the state of the existing infrastructure.

      Even within the same neighbourhood, the circle rates for plots and independent houses in Ghaziabad differ from those for flats and apartments. The circle rate would be higher in an area inside the municipal boundaries with proper infrastructure than in an area outside the municipal boundaries without proper infrastructure development.

      Every year, government officials review a region’s circle rates. However, there is a chance that the rates could alter. Since 2014, the rates in Ghaziabad have not changed.

      Factors Affecting Circle Rates in Ghaziabad

      When registering documents about real estate transactions, the circle rate is considered by the appropriate registration authorities (through Ghaziabad’s registrar and sub-registrar’s office). The circle rate is the property’s market worth (consideration value), which varies from area to locality. According to the state government, commercial properties in Ghaziabad pay a higher circle rate for property registration fees than residential ones. The Uttar Pradesh government considers several factors while determining circle rates in Ghaziabad, along with the type of property, the area’s market value, and the state of the infrastructure.

      However, not all regions experienced an equal increase in circle rates. The circular rate increase was maintained modestly in rural areas, where the population is sparse, but higher in areas with more land transactions and frequent price increases. The Ghaziabad Development Authority (GDA) stopped the Circle Rates at a board meeting held in Meerut. According to GDA officials, there are approximately 658 plots worth Rs 1600 crore in some of the GDA-controlled zones. The land price will stay stable by stabilising circle rates and drawing buyers.

      In Indirapuram, Kushambi, and especially Vaishali, the GDA has opted against stabilising sector pricing. The circle rates in Ghaziabad are established by the local administration and are higher than the sector rates in these regions. At its subsequent meeting, the board might even decide to raise the sectoral rates in these regions. The sector prices set by the development authority do not correspond to the circle rates established by the district administration in GDA-managed localities, including Madhuban Bapudham, Koel Complex, Swarna Jayanti Puram, Govinda Puram, but also Indraprastha till the end of March 2021.

      Thus, the Circle rate is the cheapest rate, or minimum cost, at which the sale, as well as the transfer of a commercial or residential property, whether it is a plot of land, a flat, or a built-up house, may be registered before being sold or transferred. It is evident that to purchase a home in Uttar Pradesh at a reasonable cost, a buyer needs to be informed of the circle rate in the state. The minimal property rate in Uttar Pradesh is called the circle rate. The tariffs are not uniform throughout the entire state; they differ from one city to another and even from one location to another. If you have any questions regarding the circle rate in Ghaziabad and need expert consultation, you can get all the help at NoBroker. If interested, leave a comment below this article; our executive will be in touch with you soon. 

      Frequently Asked Questions

      Q1. What is the Ghaziabad circle rate?

      Answer: In Ghaziabad, circle rates are the proposed prefix rates by the state legislature below which no property can be bought or registered.

      Q2. What factors are considered for determining the circle rate in Ghaziabad?

      Answer: The administration keeps an eye on several variables, including kind, market value, location, and age of the property, to set circle rates in a given area.

      Q3. In India, who sets the circle rate and agreement rate?

      The government establishes the minimum price, known as the “circle rate,” based on the area’s current market worth. On the other hand, the agreement rate is the one that is used once the seller and the buyer have reached an agreement.

      Q4. What is stamp duty?

      Answer: The cost that a real estate buyer must pay to the state to get a piece of land or other property transferred into their name is known as stamp duty. Each state has different stamp duty rates based on the area’s circular rate.

      Q5. What are the registration fees and stamp duty in Ghaziabad?

      Answer: In Ghaziabad, stamp duty is 6%, and registration fees are 1% of the property’s value.

      Q6. How are properties changed in Ghaziabad?

      Answer: Buyers must go to mutation.onlinegnn.com, the Ghaziabad Nagar Nigam’s official website, to purchase property in Ghaziabad online.

      Q7. What distinguishes the market rate from the circle rate?

      Answer: While the Market Value is a price range determined by examining actual transaction prices in an area, Circle Rates are the lowest prices the authority has specified to which a property purchase and transfer can be made between two parties.

      Q8. What is the circle rate in Indirapuram, Ghaziabad in 2024?

      Ans. The Circle rate for residential plots varies between ₹66,000 and ₹72,600 per square foot while that for flats and floors is ₹ 52,000 per square yard.

      Understanding Stamp Duty and Registration in Noida

      Understanding Stamp Duty and Registration in Noida

      Stamp duty is a tax that must be paid on real estate transactions. It validates the property record kept by the state government. Section 3 of the Indian Postal Law of 1909 states a stamp duty is due. The cost of the stamp duty varies depending on the state and location of the property. The state government counts stamp duty fees and registration fees as revenue. This blog will explain the stamp duty and registration fees for Noida real estate.
      The government imposes a charge known as stamp duty on legal papers, typically when assets or property are transferred. These taxes have two main goals: to support government operations and to confirm the buyer’s ownership of the item or property.

      What is Stamp Duty?

      Stamp duty is a government tax equivalent to income tax, regulated under Section iii of the Stamp Act of 1899. Timely payment is essential to avoid penalties. Properly stamped documents hold legal validity and are admissible in court, while unstamped ones aren’t accepted as evidence.

      This tax is mandatory for property transactions and varies across states, including Noida. As Noida’s real estate market thrives, understanding the local stamp duty rates is crucial for all, from first-time buyers to seasoned investors.

      Documents Required for Registration of Flat

      Documents Required For Registration Of Flat
      Paying stamp duty and registration charges requires multiple documents about the property and the owner’s identity

      The following documents are necessary for real estate registration in Noida:

      1.No certificate of dues – When the full cost of the unit has been paid for according to the payment schedule, the builder gives this paper.

      2. BBA or Allocation letter – The Builder-Buyer Agreement (BBA) or allocation letter must be in a self-attested copy. This document states that the applicant already owns the property that must be registered.

      3. Ownership letter – A self-attested possession letter, similar to the previous document, must be received from the function Object () {[native code]}. It indicates that the buyer is qualified to take possession of the property; however, it is optional.

      4. Financial institutions and bank account documents – Two more documents—a loan approval letter and a No Objection Certificate (NOC)—are needed if the buyer has a home loan. When the buyer takes ownership of the property, the NOC will attest that the bank or other financial institution will not have any problems.

      5. ID and proof of address – Each registration applicant’s Account number, PAN card, voter ID card, or passport must be carried by the buyer, together with at least 4-5 photos serving as identification and address proof.

      Please be aware that the above documents for the witnesses will also be needed since the registration process requires two witnesses.

      E Payment of Stamp Duty and Registration Fees

      If you are thinking about how to pay stamp duty for flat registration, then you must be content to know that it can be offline and online. In Noida, Uttar Pradesh, you can complete a portion of the stamp duty payments transaction online.

      • Get the conveyance deed ready.
      • Visit the Uttar Pradesh government’s Stamps and Registration department’s official website at igrsup.gov.in.
      • Click the button.
      • Sign up for a user account on the website.
      • Enter the names and contact information of the buyer, seller, and two witnesses
      • Fill out the form with the property’s information (district, tehsil, ward, and area).
      • Type the property here (for example, commercial or industrial).

      Alternatively, you can submit the registration cost and stamp duty offline.

      Buy stamp paper and create a conveyance deed: Stamp paper can be purchased at the National Stock Exchange of India department that is most convenient for you. The Stock Holding Corporation has offices in Ghaziabad, Noida, and Greater Noida in the National Capital Region (NCR). However, the Uttar Pradesh Stamp Act, of 1957 Act prescribes that any transaction above Rs. 1 lakh should be paid only with Uttar Pradesh e-stamp paper which you can get online.

      Flat Registration Process in Noida

      Homeowners in Noida have to fill up multiple documents for registering the property under their name.
      Homeowners in Noida have to fill up multiple documents for registering the property under their name.

      Below are the process and flat registration charges in Noida: 

      Processing at the Sub Registrar’s Office in Noida

      • It is important to confirm that the person from whom the property is purchased owns the property. To obtain the Encumbrance Certificate, please apply for it at the registrar’s (Sub Registrar’s Office) office.
      • Link for the state’s contact information for the sub-registration office
      • According to the recommendation of the authorities, the user can go to the relevant Sub-registrar office and apply for EC.
      • The paperwork for registering the property must be prepared if the results are satisfactory. To finish the Deed of sale drafting for registration, purchasing stamp duty paper following the amount determined based on the land assessment should be accomplished.
      • The buyer, seller, and witnesses must appear at the registrar’s office on the designated date and wait in line. You or the advocate may obtain the schedule for registration of the land.
      • When it is their turn, they must present the registrar with an original copy of their ID and a DD for the amount that the buyer is required to pay the seller. To complete registration, they must also sign the registry in the designated locations.

      Online Method

      • The government of Uttar Pradesh has implemented an online system for registering properties. Visit the website and select “Apply” from the “Property Registration” session.
      • Before properly completing the application form, carefully read the instructions.
      • To register and proceed to the next page by signing in, follow the instructions on the page.
      • The user must fill out all the information (Buyer Information, Seller Identifier, Witnesses, Property Type, etc.) on the provided page before uploading the necessary papers and selecting the relevant option to obtain the application number. Further processing will benefit from knowing this number. An online application and acknowledgement printout are available to the applicant.

      Appointment 

      • To access the screen for setting an appointment, the user must choose the “Appointment of Property Registration” option on the web page.
      • Use the registration number you received when submitting your online form here, along with your password, to sign in.
      • The applicant must follow the on-screen instructions to schedule an appointment for registration at the appropriate SRO office.
      • Please print the acknowledgement out as well.

      At SRO Office

      • On the appointed date, report to the Section Registrar Office (SRO) armed with the application printout and any required paperwork.
      • Send the paperwork to the authorities. They will verify the information and give it to the registrar.
      • The applicant, the seller, and the witness must proceed to the registrar’s cabin in response to a call from the office staff.
      • When it is their turn, they must present the registrar with an original copy of their ID and a DD for the amount that the buyer is required to pay the seller. To complete registration, they must also sign the registry in the designated locations.

      Flat Registration Charges in Noida 

      The state government increased the revised stamp duty registration fees in Uttar Pradesh for real estate, which had previously set a cap of Rs. 20,000 per transaction. However, with the implementation of the new statement, the flat registration costs in Noida are now estimated at 1% of the sale price, meaning that if the asset’s deed is worth £70k, the buyer will pay £60,000 as part of the initial deposit. Additionally, the fees for registering a flat in Uttar Pradesh differ from those for registering a plot.

      How to Calculate the Stamp Duty in Noida?

      There are online Stamp duty calculators which you can use to calculate the stamp duty. However, if you want to calculate the stamp duty manually here’s how you can do it.

      1. Figure out the Stamp duty and registration fees for the area.
      2. To calculate the stamp duty multiply the purchase price by the stamp duty rate.
      3. To calculate the registration fee, multiply the purchase price by the registration date.
      4. The total cost of the property is the purchase price plus the stamp duty and registration fee.

      Reduced Stamp Duty is Required in Noida and Greater Noida.

      The home markets in Noida and Greater Noida are some of the least expensive throughout the National Capital Region (NCR). According to information provided by Housing.com, the average price of new homes in these markets was Rs 3,922 per square foot in 2021, after seeing a minor value decline due to the Coronavirus pandemic’s effects on India’s real estate market. In contrast to buyers in nearby Delhi, Noida and Greater Noida must pay higher stamp duty and registration fees.

      The Uttar Pradesh (UP) administration has not yet decided whether to decrease the stamp duty and registration fees in Noida and Greater Noida despite repeated orders from the central government following the Coronavirus pandemic.

      Refund on Stamp Duty and Registration Charges in Noida, Greater Noida

      You can get a refund on your stamp duty under certain conditions. You must apply for the stamp duty refund within six months of the date on which you paid the amount if you paid the amount but did not register the document.

      Uttar Pradesh’s Stamp Duty Laws and Property Value

      According to section 17 of the Uttar Pradesh Registration Ordinance, 1908, the purchaser must register their sale achievement with the sub-office registrar if the transaction’s value or cost exceeds INR 100 to obtain legal validity in the eyes of the law.

      In summary, the purchaser must bear these three essential considerations in mind.

      • State-to-state variations exist in stamp duty fees.
      • Generally, buyers must pay registration fees equal to 1% of the deal value. While some states additionally charge a fixed cost based on the property’s value.
      • In essence, stamp duty is a charge levied by the government whenever a property is transferred from the producer to the consumer or when there is a property transaction. It is determined directly using the transaction value as a percentage.

      We hope that this blog helped you understand the fees and process of paying stamp duty and registration in Noida. The stamp duty rates are comparatively higher than those in other states. Buyers must remember that they must register themselves underneath the circular rate in any jurisdiction, for that matter. In Uttar Pradesh, purchasers must pay around 7% of the agreement amount as stamp duty. If the buyer pays less than the officially registered government-set circle rate, they will be required to pay a lump sum determined by determining the district hoarder rate.

      Every homeowner needs help in accurately paying government taxes and legal fees involved in property ownership. Getting help from real estate legal experts at NoBroker has saved many many homeowners time and money. If you’re looking for the best consultation regarding stamp duty and registration payment in Noida, please leave a comment below; our executive will be in touch with you soon. 

      FAQ’s

      Q. How are registration fees and stamp duty determined in Noida?

      Answer: The stamp duty is a portion of the property’s agreed value. Therefore, Thane’s Stamp Duty equals 7% of $24,000, or Rs. 1,68,000. In Noida, registration fees are 1% of the cost of the property.

      Q. What occurs if stamp duty is not paid?

      Answer: The penalty for paying stamp duty after the deadline will be interesting, which must be paid starting from the day after the deadline until the payment date. This would be in addition to any fines that may be assessed for late submission of documents.

      Q. What is the Latest News about Registration Fees and Stamp Duty in Noida?

      Answer: In FY 2021, revenue from stamp duty and registration fees increased by 22% in Uttar Pradesh, according to research by Motilal Oswal Financial Services Limited (MOFSL). For those transferring property to a family member, the state of Uttar Pradesh has opted not to levy stamp duty. Previously, the stamp fee for the same was 7% of the property’s market value. However, it will cost Rs 5000 and Rs 1000 for processing. The government clarified that the property might be given to one’s real brother, real sister, mother, father, husband, daughter, sister, son-in-law, or children of one’s son and daughter.

      Q. How do I find out my Noida, Uttar Pradesh registry?

      Answer: The calculation for the property registration charge is 1% of the entire transaction value. If the price of the land, for instance, has been recorded at $1CR, the registration fee will be $1L.

      Q. How do I register my house in Noida?

      Answer: Owners must pay stamp duty and registration fees to the State’s Enrollment and Stamp Administration to register a building in Noida West. These fees are based on the higher the registered property price or the ready reckoner rate.

      Q. What are the flat registration charges in Greater Noida?

      Answer: The Flat registration charge in Noida is 1% while the stamp duty is 7%.

      Everything You Need to Know About Possession Certificate in India

      Everything You Need to Know About Possession Certificate in India

      Landowning has been one of the most prominent occupations in this country, owing to the many articles and provisions made in our constitution for it. Article 19 of the Indian Constitution gives every citizen the right to acquire, hold and dispose of the property. A possession certificate or a land possession certificate is to legalise and certify your possession of a property. It officially declares the transfer of property from one person to the other and gives all property rights to the buyer. Without this certificate, the buyer does not have any right or authority over the property.

      A possession certificate for land acknowledges your possession of the real estate. A possession certificate from the builder is to legalise the transaction between the builder of the property to the buyer. The main aim of a possession certificate is to officiate and legally hand over the property from one person to another while transferring all the property rights. 

      Importance Of A Possession Certificate

      Possession Certificate
      The property owner is not validated until a possession certificate is issued in the name of the buyers. 

      A possession certificate is the first document among many others that the buyer needs to demand from the seller. The property will not be considered that of the buyer until the certificate is issued, and hence he will not have any rights to the property. Each state has different rules and procedures to follow to procure the certificate, but on average, it takes around 30 days to receive the certificate. It is essential to understand each state’s regulations to get a possession certificate

      Occupancy Certificate

      An occupancy certificate is vital for builders. It certifies that the building is built under the norms and is fit for occupancy. While a possession certificate for a house is necessary, it is also essential for one to check the occupancy certificate before buying a house from a builder. The builder can obtain an occupancy certificate from the local municipality. Some banks also check the occupation certificate before granting home loans.

      Owing to the importance of possessing an occupancy certificate, the Supreme court has passed a judgement on possession without an occupancy certificate under the Consumer Protection Act. The Supreme court under the Consumer Protection act 1986 has said that it is essential for a builder to obtain an occupancy certificate, and the buyers have the right to demand high compensation charges if failed to do so. 

      Difference Between a Possession Certificate and an Occupancy Certificate

      A possession certificate is just a certificate to hand over the property to the buyer officially. This does not necessarily have to include a builder; it can be from a person selling his property to another person buying it. Contrary to that, an occupancy certificate has to be presented by the builder to the person buying a house. It is a certificate acknowledging that the building/house has been constructed according to the norms and is fit.

      Conditional Possession Letter

      There are a lot of chances that the buyer is not satisfied with the property even after possession. In the case of the purchase of a house, this can happen if there are leakages or erosion of walls or pending repair work etc. During such a case, the buyer can write a letter to the builder giving feedback and asking him to do the necessary work. If the builder fails to do so, he can be presented with the conditional possession letter in court. 

      How To Get A Land Possession Certificate?

      The possession certificate application form can be acquired from the Tahsildar office in rural areas and the Revenue Divisional Officer in urban areas. The following steps will break down the procedure to get a possession certificate.

      Step 1: Get the application form to apply for the possession certificate from the Tahsildar office or the Revenue Divisional Officer, depending on your area of residence. 

      Step 2: Fill out your personal details and your property details. Make sure to recheck all the details, and in case of any confusion, talk to the local authorities.

      Step 3: Attach the required documents to the application form.

      Documents required:

      ● Two passport-size photographs

      ● Income certificate and income details

      ● Ration card

      ● Aadhar card

      ● Proof of ownership of property

      ● Building completion notice as given by the architect or engineer

      ● Photographs of the property

      Step 4: Submit the form to the relevant office. After submission, make sure to collect the acknowledgement letter and application number. You can view your possession certificate status with this number on the digital portal.

      Step 5: A technical officer will visit and inspect your property.

      Step 6: Higher officials and the city planner will review the report made by the technical officer. You will receive a notification about when you will receive the certificate. 

      You will receive a notification about the issuing of the certificate. You can either digitally download it or go to the respected office to collect it. To download the possession certificate online, you need to login into the e-district portal.

      A Sample Possession Certificate Format

      Possession Letter

      I, —————————–, do hereby declare:

      1) That I am the owner and in possession of property bearing number —————————-with the freehold rights of the land thereto and competent to handover the possession of the property. I have already executed the title documents of the said property in favour of the person now taking possession from me according to the same.

      2) That I have sold and transferred the property thereto to Sh.————————————-

      That I have delivered the actual physical vacant possession of the property thereto to the above-named purchaser on the spot and I have received the entire full and final consideration amount from the above-named purchaser.

      Possession handed over by

      Possession was taken over by

      Place:

      Date:

      How To Apply for a Possession Certificate Online?

      If you do not want to go to the office and fill out the form manually, there is also an option of filling out the application form for a possession certificate online. For this, you first need to register on meeseva online. The following steps enumerate how to register on meeseva and apply for the certificate consequently. 

      1. Visit the meeseva website.
      2. Click on Login
      3. Choose citizen
      4. Click on new user
      5. Fill out your personal details
      6. Once you press enter, you will get a onetime password on the registered mobile number.
      7. Enter that password and click on submit to confirm your registration.

      After creating an account on meeseva, you need to follow the steps below to apply for the possession certificate.

      1. Go to the meeseva website and log into your account.
      2. Click on Revenue
      3. Click on Possession Certificate
      4. Fill in your personal details as well as the details of your property.
      5. Upload scanned copies of the documents. Make sure you upload them in the prescribed format only. 
      6. You will be redirected to a payment page.
      7. Make the payment to get your possession certificate. The amount differs from one state to another.
      8. Once the payment is processed, you will receive an acknowledgement receipt and the certificate delivery date. You will also receive an SMS of the same.

      How To Check the Possession Certificate Status?

      There are two ways of checking the status. 

      1. Go to the e-district website of your state, click on transaction history, enter your application number, and the application status will appear.

      2. The second way to track the status is through the meeseva website itself. Login to your account, and on the homepage itself, there will be an option to track application status. Enter your application number there, and you will be able to track the status.

      As seen in the information mentioned in the article, obtaining a possession certificate is a vital step in any transaction regarding real estate. It makes the transaction legal and official. Make sure you do the needful and get your possession certificate. Many people often come across difficulties in getting a possession certificate 

      Documents required to obtain a possession certificate

      To get a possession certificate you need to submit the following documents.

      • ID proof of the applicant
      • Ration Card
      • Copy of Encumbrance Certificate
      • Copy of the Registered lease and the sale deed agreement.

      You will receive an acknowledgement receipt after the submission of the documents.

      You can download the possession certificate from the Land Reforms website.

      Frequently Asked Questions About Possession Certificate 

      Q. What is a Possession Certificate?

      Answer – A possession certificate is a document that legalises a person or person’s ownership of a property. 

      Q. Who issues a possession certificate and what is its purpose?

      Answer – It is the Government that issues a possession certificate and the purpose of the certificate is to substantiate and clarify who are the legal owners of a property. In case of any legal battle over a property’s ownership, a possession certificate may become very important to claim the current owners of the property. 

      Q.  What is the difference between possession and non-attachment certificates?

      Answer – Unlike a possession certificate that proves who are the owners of the property, a non-attachment certificate is to prove that the property does not have any federal liens attached to it. 

      Q, What is the possession certificate validity?

      Answer – The standard validity of a possession certificate is 7 days. 

      Q. Is a possession certificate the same as an occupancy certificate?

      Answer – No, a possession certificate is to prove the owners of the property, whereas, an occupancy certificate is to prove that the real estate project is complete. 

      Understanding Stamp Duty on Gift Deed in India

      Understanding Stamp Duty on Gift Deed in India

      A gift deed is a legalised document that allows you to transfer property ownership without paying any money. The person who transfers ownership is known as a “Donor,” while the person who receives ownership is known as a “Donee.” A gift deed can only be legitimate if it has been officially registered and the gift deed stamp duty and registration charges for the gift deed have been paid. If you wonder how much stamp duty is on gift deed, this post will explain the many features of gift deed stamp duty, gift deed registration fee, and their rates.

      Understanding Stamp Duty on Gift Deed

      Gifting is the act of a person willingly transferring certain or all of his rights in an asset he owns to another person for no monetary payment. Given that they do not profit from the transfer of ownership of the property, it may appear strange that a donor is asked to pay a charge to have his property transferred to someone else. Although giving a house is not a typical transaction, it has income tax and stamp duty implications. In India, gift deed stamp duty differs from state to state and can range from 2% to 7% of the property value.

      Gift Deed Stamp Duty in 2023

      StateStamp Duty Percentage
      Andhra Pradesh6%
      Arunachal Pradesh5%
      Assam5%
      Bihar6%
      Chhattisgarh6%
      Goa4%
      Gujarat5%
      Haryana6%
      Himachal Pradesh4%
      Jammu and Kashmir6%
      Jharkhand6%
      Karnataka3% for properties worth less than Rs. 45 lakhs, 2% for properties worth Rs. 45 lakhs to Rs. 90 lakhs, and 5% for properties worth more than Rs. 90 lakhs
      Kerala6%
      Madhya Pradesh6%
      Maharashtra3% for properties worth less than Rs. 20 lakhs, 2% for properties worth Rs. 20 lakhs to Rs. 50 lakhs, and 5% for properties worth more than Rs. 50 lakhs
      Manipur5%
      Meghalaya5%
      Mizoram5%
      Nagaland5%
      Odisha6%
      Punjab6%
      Rajasthan6%
      Sikkim5%
      Tamil Nadu11%
      Telangana6%
      Tripura5%
      Uttar PradeshRs. 5,000 for properties gifted between family members, 7% for other cases
      Uttarakhand6%
      West Bengal5%

      Please note that these are just the general rates of stamp duty. The actual rates may vary depending on the specific state and the circumstances of the gift. It is always best to consult with a lawyer or a property expert to get accurate information about the stamp duty applicable in your case.

      Bursting Gift Deed Myths: 

      Owners who offer their property as a gift should know that they lose ownership of the transferred item once the gift deed is recorded. This is because the terms of a gift deed, like a sale or a relinquishment document, take effect immediately. This is not the scenario with a Will whose provisions only take effect when Will’s maker has died. Remember, however, that a gift deed is only valid until the stamp duty on the gift deed has been paid.

      What Property Can Be Gifted?

      Any immovable property that satisfies the requirements of Section 122 of the Transfer of Property Act, 1882, may be transferred via a gift deed. A gift tax on immovable property in India must be recorded with the sub-registrar office in accordance with sections 123 of the Transfer of Property Act and 17 of the Registration Act of 1908, just like a sale deed, with the exception that no money is exchanged in the transfer of the property. The contract would be void if this wasn’t done.

      Income Tax on Gift Deed

      The topic of whether gifts are taxable is one that taxpayers ask themselves frequently and on a regular basis. You can learn about various provisions relating to the taxability of gifts received by a person or a Hindu Undivided Family (HUF) in this section. A gift is any money or property that is given to an individual or a HUF without asking for it or in situations where the property is acquired for too little money.

      From the perspective of taxation, gifts can be categorised as follows:

      1. A “monetary gift” is any sum of money that is given without expecting anything in return.

      2. “Gift of moveable property” refers to specific movable item acquired without payment.

      3. “Movable property received for less than its fair market value” refers to certain movable properties that were acquired at a discount (or for insufficient compensation).

      4. Immovable property acquired in exchange for nothing is known as “gift of immovable property.”

      5. “Immovable property received for less than its stamp duty value” refers to real estate that was purchased for less money than it was worth.

      Any amount of money received by an individual or HUF without consideration (i.e., a monetary gift received in cash, check, draught, etc.) will be subject to tax if the following criteria are met:

      • Monetary amount received heedlessly.
      • The total amount of money received in this manner during the year reaches Rs. 50,000.

      Even though the gift-related laws apply to everyone, it has been reported that presents from residents to non-residents are said to not be subject to Indian taxation because the income does not accrue or arise there. The Finance (No. 2) Act, 2019 added a new clause (viii) under Section 9 of the Income-tax Act, stating that any income arising outside India, defined as money paid without consideration on or after 05-07-2019 by a person who lives in India to a non-resident or a foreign company, shall be deemed to accrue or arise in India. This was done to ensure that such gifts made by residents to a non-resident person are subject to tax in India.

      5 Steps And Tips to Execute a Gift Deed

      The process for registering a gift deed

      The steps to execute the gift deed are as follows:-

      1. A licenced expert will assess the real estate covered by the donation deed.
      2. Both the giver and the donee must sign a gift deed in front of two witnesses.
      3. To deliver the signed documents, make your way to the closest sub-registrar.
      4. For the computation of the gift deed registration fees, including stamp duty, use a lawyer. The fees specified must be paid.
      5. Get the deed attested

      Stamp Duty on Gift Deed in Delhi Rates and Legal Requirements for Gift Deed

      A Gift Deed is only legitimate if given to another family member or friend without expecting anything in return.
      A Gift Deed is only legitimate if given to another family member or friend without expecting anything in return.

      The Registration Act of 1908, which governs all deeds states that gift deed stamp duty in Delhi must be registered. 

      • A qualified appraiser must appraise the property to be gifted.
      • If the Donee is a woman, stamp duty in Delhi on gift deed will be 4 percent of the property’s worth and 6 percent if the Donee is a man.
      • The registration price will be 1% of the whole amount plus Rs.100/- in pasting fees. 
      • Registration applications must be submitted to the district’s concerned Sub Registrar office. The average response time is 15 days.

      What is the Stamp Duty on Gift Deed in Maharashtra? 

      Conveyance deedStamp duty rate
      Gift deed3%
      Gift deed for residential or agricultural property passed on to family membersRs 200
      Lease deed5%
      Power of attorneyProperty in municipal regions is worth 5%, whereas property in gramme panchayat areas is worth 3%.

      The stamp duty on gift deed in Maharashtra is 3% of the property’s worth, according to Article 34 of the Maharashtra Stamp Act, responsible for the property gift deed rules which was revised in 2017. The gift deed stamp duty on gifted property is Rs 200 if the property in question is a residential or agricultural property gifted (without payment) to family members. 

      Stamp Duty on Gift Deed in AP

      The registration fee for a gift deed in Andhra Pradesh is 0.5 percent, with a maximum of Rs 10,000.

      Stamp duty On Gift Deed of Commercial Property in Maharashtra

      Stamp duty On Gift Deed of Commercial Property In Maharashtra
      Stamp duty On Gift Deed of Commercial Property

      There are no exemptions from Stamp Duty and Registration Fees when it comes to commercial property. The Stamp Duty and Registration fees will be the same as the Sale / Conveyance Deed. If the property is in Maharashtra, for example, there will be 5% Stamp Duty + 1% LBT + 1% Registration Fees. These fees will be calculated based on the property’s Government Value.

      Stamp Duty on Cash Gift Deed in Maharashtra

      A cash gift deed is an agreement in which the donor (the person who pays the money) can give money to the Donee (the person who receives the money) without any other compensation or exchange. It depicts a donation of cash given voluntarily by one person to another. This deed details the amount of money to be transferred and any gift restrictions. . The rate of stamp duty for gift deed in Maharashtra for cash is 3%.

      Stamp Duty on Gift Deed for Cash in Delhi

      Because it records the act of providing a gift, a gift deed for cash is an important document, especially when gifting a significant sum of money. The stamp paper value for cash gift deed creates a legally binding document. A gift deed ensures proof of such transfer for both the donor and the Donee, avoiding future misunderstandings and misuse. The rate is 4%.

      Stamp Duty on Gift Deed in Blood Relation

      When it comes to stamp duty on gift deed in blood relation Maharashtra, immovable property, such as lands, a house, or an apartment, can now be passed down to one’s children or blood relatives without having to pay stamp duty. On March 25, 2015, Hon’ble Revenue Minister Eknath Khadase informed the Govt in the Assembly. As a result, stamp duty on the transfer of lands or flat immovable property to family members is waived.

      He declared that immovable property, such as land, a house, or a flat, can now be transferred to the owner’s children or even blood relations merely by signing a transfer deed on Rs. 500/- stamp paper and paying no stamp duty on gift deed. Families of transferors will be relieved by this announcement, as they will no longer be required to pay 5% stamp duty at market value as per ready Reckoner. The minister stated that a transfer document executed on Rs. 500/- stamp-paper will suffice in such a case. Therefore, no stamp duty for gift deed in Maharashtra for blood relations. 

      Stamp Duty on Gift Deed in Delhi in Blood Relation

      Stamp Duty on Gift Deed in Delhi in Blood Relation
      The rate of stamp duty on gift deed varies among states and can change whenever the Government passes a revised law. 

      Every state in India has a varied and regulated percentage of stamp duty that must be paid when a gift deed is registered. A gift deed’s stamp duty is usually less than a sale deed, although it is computed as a conveyance rather than a sale deed. The requirements for levying stamp duty on a gift deed differ by state. For example, gift deed stamp duty in Delhi is different for males and females, as it is levied at 5% and 3%, respectively.

      Stamp Duty on Gift Deed in Blood Relation in Haryana

      In Punjab and Haryana, a gift of immovable property to a blood relative is exempt from stamp duty. Parents, children, grandchildren, sisters, and spouses would all be eligible for the exemption as per the transfer of property from parent to child in India guidelines. The stamp duty on gift deed between brothers would follow the same.

      Stamp Duty on Gift Deed from Father to Son

      The stamp duty on gift deeds is the same as on a regular sale. There is an exception in the case of certain relatives, such as gifts from father to son. Until May 16, 2017, the rate of stamp duty on such a transaction in Maharashtra was restricted to Rs 200. In some states, the stamp duty will now be 3% of the transaction’s market value, whereas, in others, there will be no tax at all.

      Stamp Duty on Gift Deed from Husband to Wife

      To protect their interests, one spouse would be entitled to transfer immovable property to the other spouse, and stamp duty would not be an obstacle to property transfer. This step will go a long way toward protecting the spouse’s interests in difficult family situations or medical situations. Thus, there is no stamp duty on gift deed applicable here.

      How do You Calculate Stamp Duty on a Gift Deed?

      Because stamp duty on gift deeds must be paid as a proportion of the property value, the computation would be based on each state’s percentage levied on gift deed registrations. For example, in the state of Uttar Pradesh, the gift recipient must pay a stamp duty of 2% of the present value. If the gifted property has a declared worth of Rs 1 crore, the person receiving it will have to pay Rs 20 lakh in stamp duty on the gift deed.

      Is it Possible to Reclaim the Property You were Given?

      A gift can be returned; however, this must be considered and included in the recorded gift deed. Revocation of the agreement is not feasible under Section 126 of the Transfer of Property Act unless the donor indicates that he retains the right to reclaim the gift in the registered contract. This means that the donor must clearly state while drafting the gift deed that even after the gift deed is performed, the donor retains the right to withdraw the gift deed and restore the gift from the Donee if and when he so desires.

      How Can NoBroker Help?

      The transfer of a dwelling property under a gift must be completed by a registered instrument/document signed by or on behalf of the individual gifting the property and attested by at least two witnesses, according to the Transfer of Property Act and paying stamp duty on gift deed. If you need help from a professional tax and financial consultant then you will certainly find great options on Nobroker. Please leave a comment below this article; our executive will be in touch with you soon.

      FAQs

      Q1. What is stamp duty?

      Ans. In most cases in India, stamp duty is a tax that is paid to the Government during any purchase or transfer of property/ownership. 

      Q2. What is considered as a Gift Deed in India?

      Ans. According to the Registration Act of 1908, Section 17 states that a Gift Deed is a document, article or property that is transferred to a relative or a 3rd person without the intention of any favour in-return. 

      Q3. Do I have to pay any stamp duty on gift deed?

      Ans. If the transfer of the article(s) is a gift then usually, you will not have to pay the stamp duty, however, the rules change in every state and depend on the latest Government Regulations (GR). 

      Q4. How is gift deed calculated?

      Ans. The rate of calculation of gift deed depends on the state Government Regulations. In Maharashtra, the gift deed is capped at 3% of the market value. 

      Q5. Can I challenge a Gift Deed?

      Ans. Yes, any person can challenge the Gift Deed on the basis of legal ground and law/rule changes. 

      Q6. Can a woman give her son a deed to the property?

      Ans. As per the gift deed from mother to son stamp duty laws, Yes. The mother is the exclusive owner of the possessions, and she decides who she will give them to. She can give each son a portion of the property, or she can give one son the entire estate.

      Q7. What are the stamp duty charges in Bangalore for gifting property?

      Ans. Here are the stamp duty charges in Bangalore for gifting property:
      If the property is gifted by a family member (spouse, children, parents, siblings, grandparents, grandchildren), the stamp duty is Rs. 1000 + surcharge and additional duty.
      If the property is gifted by a non-family member, the stamp duty is 5% of the market value of the property + surcharge and additional duty.
      The surcharge and additional duty are as follows:
      Surcharge: 2%
      Additional duty: 1%
      The gift deed registration charges in Bangalore for gift deed registration are as follows:
      1% of the market value of the property
      Please note that these are just the general rates of stamp duty and registration charges. The actual rates may vary depending on the specific circumstances of the gift. It is always best to consult with a lawyer or a property expert to get accurate information about the stamp duty and registration charges applicable in your case.

      FSI in Mumbai 2024: Calculate FSI in Mumbai Municipal Corporation

      FSI in Mumbai 2024: Calculate FSI in Mumbai Municipal Corporation

      Floor Space Index or FSI in Mumbai refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Mumbai are determined by the government of the region and follows the National Building Code for the entire process. FSI is also commonly known as Floor Size Ratio or Floor Area Ratio as per the region of usage. 

      What is FSI in Real Estate: Meaning of FSI

      FSI is also commonly known as Floor Size Ratio or Floor Area Ratio as per the region of usage. 

      The FSI formula looks like this–

      FSI =Total Floor Area of all Floors of the BuildingPlot area

      FSI is a measure of the total built-up area that can be developed on a piece of land.

      For example, if a plot of land measures 1,000 square meters and the FSI for the area is 2.0 means, that the total built-up area that can be developed on the plot is 2,000 square meters. 

      New Definition of FSI

      A new definition of FSI was added in the DCPR-2034(Development Control & Promotion

      Regulation) published by the Municipal Corporation of Greater Mumbai in 2018.

      This definition is contrary to what was provided under the Maharashtra Regional and Town Planning (MRTP) Act, 1966, and the National Building Code of India. 

      The MRTP Act defines FSI as the total area on all floors, including the built-up area divided by the area of the plot.

      In July 2023, the Bombay High Court had asked BMC(Brihanmumbai Municipal Corporation) to explain what  it meant when it said that the additional FSI will be utilised under the Development Control and Promotion Regulation (DCPR)-2034.

      Know More about FSI in Mumbai

      What is FSI in Mumbai?
      (What is FSI in Mumbai)

      In Mumbai, FSI is amended every few years and for property owners in Mumbai, it is absolutely necessary to stay up to date with the latest guidelines and new FSI rules in Mumbai. Floor Space Index in Mumbai is a very important parameter for the government to track the development and redevelopment projects in the city. The government needs to track these details as any city has limited space. With such limited space and a growing population, the government keeps track of the FSI value. 

      How to Find FSI of any Land 

      The premium FSI rate in Mumbai is decided by the municipal corporation of the city. A few of the major factors that help the municipal corporation in Premium FSI calculation Mumbai are

      1. Size of the property
      2. Type of building (residential flats, commercial buildings, etc.)
      3. Building’s location
      4. Availability of amenities 

      FSI Calculator Mumbai: How to Calculate FSI in Mumbai?

      FSI Calculator Mumbai: How is FSI Calculated in Mumbai?
      FSI in Construction

      The FSI value of different properties in Mumbai can be equal if the building size differs visually. Based on the new FSI rules in Mumbai, it can be calculated by dividing the total area of the building floor with the Gross plot area.

      Floor Space Index = Total area of the building floor/Gross Plot Area

      The FSI of a place can differ significantly based on certain factors. Generally, the factors that are considered include parameters like construction exercises, population dynamics, growth models and the nature of the space. 

      Even the type of land can significantly affect FSI value depending on whether it is a residential, agricultural, commercial or industrial plot. 

      FSI in Mumbai is considered to be one of the very crucial factors for the city’s development. A low barrier is a real estate limitation as it complicates the process of construction. The real estate industry wants a higher FSI for the lands so that direct benefits can be extended to the estate developer. 

      This will result in the strengthening of the housing sector and more houses can be constructed in the same space, leading to higher sales. A higher FSI also equated to more demand in the area. Currently, KDMC FSI for redevelopment as per redevelopment rules in Mumbai 2023 is 1.10.

      FSI in Mumbai For Commercial Buildings

      For commercial/office buildings in Mumbai, the FSI varies depending on the location and the type of building. The commercial FSI in Mumbai is generally between 1.33 and 3. However, the FSI in Mumbai suburbs can go up to 5 for some areas.


      The government can also offer additional FSI as incentives for buildings with specific features such as green buildings, heritage buildings, and buildings that incorporate affordable housing. It’s important to note that a higher FSI allows for greater built-up area, but it also means that the building needs to meet certain requirements such as adequate parking, infrastructure, and other amenities.

      FSI in Mumbai For Residential Buildings

      For residential buildings in Mumbai, the FSI also varies depending on the location and the type of building. The FSI for residential buildings in the island city is generally between 1 and 1.33. In some areas, the FSI can go up to 2.5, but this is usually limited to redevelopment projects. In the suburbs, the FSI can go up to 3, and in some cases, up to 4.

      The government can also offer additional FSI as incentives for buildings that incorporate affordable housing or for redeveloping old buildings. It’s important to note that a higher FSI in residential buildings can result in overcrowding and strain on infrastructure, so the government closely regulates the FSI in residential areas.

      How to Calculate FSI For Redevelopment in Mumbai

      The calculation of FSI for redevelopment in Mumbai is based on the Development Control Regulations (DCR) set by the Municipal Corporation of Greater Mumbai (MCGM). The DCR is a set of rules and regulations that guide the development of properties in Mumbai, including the calculation of FSI.

      To calculate FSI for redevelopment in Mumbai, you need to follow these steps:

      1. Determine the plot size: The first step is to determine the size of the plot where the redevelopment is proposed.
      2. Identify the existing built-up area: The next step is to identify the existing built-up area on the plot. This includes all existing structures on the plot, including the old building that is being redeveloped, if applicable.
      3. Calculate the permissible built-up area: The permissible built-up area is calculated by multiplying the plot size by the FSI as per the DCR. The FSI varies depending on the location and type of building, as well as the road width and other factors. You can find the FSI for your location in the DCR.
      4. Subtract the existing built-up area: The existing built-up area is then subtracted from the permissible built-up area to arrive at the additional built-up area that can be constructed.
      5. Calculate the FSI for the additional built-up area: Finally, the FSI for the additional built-up area is calculated by dividing the additional built-up area by the plot size.

      It’s important to note that the calculation of FSI for redevelopment in Mumbai can be complex, and it’s recommended to seek the advice of a professional architect or a consultant with experience in the local regulations to ensure accurate calculations.

      Permissible FSI in Mumbai: How Much FSI is Allowed in Mumbai?

      How Much FSI is Allowed in Mumbai?
      (How Much FSI is allowed in Mumbai)

      The Mumbai government follows a transit-oriented development approach. This allows the Mumbai government to keep the maximum FSI in the city at 5.  As per the new rules of FSI in Mumbai for redevelopment 2023, Mumbai’s FSI is up to 5. The FSI score of the areas of Mumbai can be categorised as

      Width of the road (in meters)Minimum size of the plot (sq. m.)Maximum FSI in Mumbai Permissible
      9 – 12 mBelow 1,0002
      12 – 18 m Above 1,0002.5
      18 – 24 m Above 2,0003
      24 – 30 mAbove 3,0003.5
      30 m & above Above 4,0004-5

      (Figures for FSI for residential buildings in Mumbai)

      FSI for Mumbai suburbs 2023 is set at up to 2.5 for residential buildings. 

      What Is FSI Premium?

      If you want to increase the allowed FSI (Floor Space Index), you must pay the government a premium charge, called FSI Premium.

      A 20% premium FSI is possible if the road next to the property is 30–40 feet wide. This indicates that you are permitted to construct 20% more than the FSI. In the same way, you may get a 30% premium FSI if the property is next to a 40–60 foot wide road. Similar to this, the Premium FSI is 40% for plots that are bordered by a road that is longer than 60 feet.

      What is the most Significant Benefit of the FSI? 

      What is the most significant benefit of the FSI?
      (Benefits of the FSI)

      The premium FSI rate in Mumbai may be regarded as a major real estate limitation but it has many benefits for a progressing city like Mumbai:

      • Managing the ratio between open space to developed space to an optimum level.
      • Managing the city’s ecosystem and space.
      • Measure a project’s stable development
      • Managing the right balance between supported, planned growth & development is very necessary

      The planning authorities of the city aim for a complete redevelopment plan with a move of FSI increase in Mumbai. Currently, the FSI base in Mumbai city is 1.33, which has been increased to 5 for commercial and 3 for residential spaces after the government’s revision. While the FSI for commercial development in Mumbai suburbs has been increased to 5, the FSI for residential spaces remains unchanged at 2.5. The FSI for commercial structures has been linked to the width of the road, which means the wider the road, the more space can be utilized. This is road width FSI Mumbai. 

      According to a study published by Cushman &Wakefield the new regulation will lead to an increase in the development potential of Mumbai. FSI in Mumbai is the maximum permissible area allowed by the Municipal Corporation for development. Based on the guidelines set by the government, these parameters keep changing from time to time. The current FSI in Mumbai city is set up to 5. It is the same as FSI for redevelopment in Mumbai. 

      With so many developing areas, Mumbai is one of the best and most preferred cities to live in among the new generation.  

      With so many developing areas, Mumbai is one of the best and most preferred cities to live in among the new generation. FSI in Mumbai is key to navigating property development seamlessly. However grappling with complexities present in the system can be a very challenging endeavour. That’s where NoBroker, with its expertise and legal services, stands as your reliable partner in addressing any hurdles. Contact us today for swift, efficient solutions.

      FAQs

      Q1. How can I buy FSI in Mumbai?

      Ans. Paid FSI in Mumbai is available with the Planning Authority according to the FSI rules in Maharashtra. At present, Mumbai’s paid FSI charges are calculated depending on the ready reckoner rates of a plot. Paid FSI in Mumbai is almost equal to 25-33% value of the project.  

      Q2. What is the FSI for redevelopment in Mumbai?

      Ans.  As per the new FSI rules in Maharashtra 2023, FSI for redevelopment in Mumbai is the same as regular FSI, i.e. 1.10

      Q3. Are balconies and common spaces included in FSI?

      Ans. No, FSI calculation in Mumbai only considers the gross floor area and hence doesn’t include any balconies, exterior spaces, common areas and driveways. 

      Q4. What is meant by permissible FSI?

      Ans. Permissible FSI refers to the maximum floor area that is officially permitted to be developed. The permissible FSI varies for different properties based on the location. 

      Q5. What is the FSI in Mumbai?

      Ans. Currently, FSI in Mumbai is set at 1.10.

      Q6. What is the FSI in Navi Mumbai?

      The FSI in Navi Mumbai, managed by CIDCO, ranges from 1.5 to 2.5 in residential zones and up to 5.0 in commercial/industrial areas but may vary with government policies.

      FSI in Chennai: A Comprehensive Guide to Regulations and Calculations

      FSI in Chennai: A Comprehensive Guide to Regulations and Calculations

      Responsible usage of space can help maintain sustainable growth in a heavily populated metro city like Chennai. The Tamil Nadu government is constantly modifying the regulations to ensure better planning. For example, the revised regulations in Chennai fixed the maximum permissible FSI and stated that buildings should be divided into high-rise and low-rise ones accordingly. This has been done to regulate the city’s skyline and regulate unsafe developments. 

      In this blog, we will take a detailed look into how the FSI in Chennai with its nuanced factors is helping foster Chennai’s sustainable future.

      The Tamil Nadu government is constantly modifying the regulations to ensure better planning. For example, the revised FSI in Chennai states that buildings should be divided into high-rise and low-rise ones and fixed the maximum permissible FSI accordingly. This has been done to regulate the city’s skyline and regulate unsafe developments. In addition to this, there are a lot of other factors like the type of construction and the purpose behind the growth that determines the FSI index. Today, we will take a detailed look into how the FSI in Chennai is helping in the sustainable development of Chennai.

      FSI in Chennai

      FSI in Chennai
      (The FSI index helps regulate the ratio of open space to build space in real estate projects)

      FSI (Floor Space Index) or the FAR (Floor Area Ratio) is a numerical value that denotes the total amount of buildable floor area (including all floors) in any plot of land. Regulated and developed unitedly by the National Building Code of India and the Development Control Regulation Department of each area, the FSI ensures planned development. Currently, the maximum permissible limit of the FSI index is 2.

      Advantages of FSI rules in Chennai

      • The ratio of open space to build space in the city is maintained.
      • It helps retain the line skyline of the city.
      • Having an average FSI value means the project is developing well.
      • It helps maintain an equilibrium between development and sustained growth.

      Is There Any Challenge to the FSI Index?

      Many experts believe that although FSI helps in sustainable development, it has no solution on how to accommodate the ever-increasing population in Chennai. That is why it is recommended to go with the average FSI and then work around it to cater to various requirements.

      How to Calculate FSI in Chennai

      How to Calculate FSI in Chennai
      (FSI can be calculated easily by a simple formula)

      As specified by the Tamil Nadu Combined Building Rules, 2019, the maximum floor space that can be used for the building will depend on the following factors:

      • The type of building (Residential, Commercial, etc.)
      • All related details of the construction like the number of floors and the purpose of the building (medical, educational etc.)
      • Height of the building, i.e. whether it is a High-rise or Low-rise building (Low-rise buildings must have a height lesser than 18.30 metres)

      The FSI Calculation in Chennai is defined as the quotient of the total floor area of the building (barring a few exempted regions) to the entire scope of the plot. 

      Exemptions Made While Computing FSI

      • The terrace space above the topmost level, Staircase rooms, lift rooms and tunnels in addition to the architectural elements, raised tanks (given the height from the floor <1.5 metres) and WC (with a floor size not surpassing ten sq.m) (with a floor area not exceeding ten sq.m)
      • Staircases, elevator rooms, and passageways on the stilt parking level or higher floor parking.
      • Staircase and lift rooms and corridor to it on the basement level/basement floor parking
      • The total amount of space devoted to parking in the basement
      • Stilt parking floor space with two sides open. In circumstances when the upper level or floors above a stilt parking floor is planned for parking.
      • The ground floor or stilt parking level of high-rise buildings and non-high-rise buildings each include a servants’ or driver’s room/water closet.
      • Watchman booth
      • Caretaker room on ground floor/stilt parking lot
      • Ventilation ducts and other structures under open sky zones
      • If the structure is erected on stilts and the stilt level is designed to be utilised for parking reasons, it should not be enclosed. In any other case, it will be eligible under FSI requirements.

      FSI Calculation Formula in Chennai

      FSI Calculation Formula in Chennai
      (Once you know the FSI, it is easy to plan the rest of the building design in terms of area)

      FSI in Chennai is calculated using this simple formula:

      FSI index= Floor space covered by all floors/ Total area of the land plot

      For example, assuming you have a land plot of 8000 sq. ft. and the FSI of a residential building is 1.5, then the total buildable space in the property is 8000*1.5= 12,000 sq. ft. Based on the number of floors, the area per floor will be divided accordingly.

      FSI for Commercial Buildings in Chennai

      FSI for Commercial Buildings in Chennai
      (For commercial buildings, there has been a recent increase in the maximum permissible FSI)

      The maximum permissible FSI for commercial buildings has been increased to 2 from 1.5 in 2018.

      FSI for Residential Buildings in Chennai

      FSI for Residential Buildings in Chennai
      (Just like commercial buildings, residential buildings must also follow the permissible FSI limit for planned development)

      For residential buildings, too, the maximum permissible limit of FSI is 2.

      Premium FSI Chennai

      Now that we know about the FSI limits, there are some deviations, too, irrespective of location and type of building. According to the regulation, builders can apply for an extension in the permissible FSI provided the abutting road of the land is a minimum of 30 feet or more. The builder is liable to pay a premium fee to the government for this purpose.

      S NoWidth of RoadPremium FSI charges in Chennai (% of normally allowable FSI)
      118 m and above40
      212 – 18 m30
      39 – 12 m20

      Note that the premium FSI fee is equivalent to the above-mentioned proportionate land price, as determined by the Registration Department’s guideline value. Furthermore, before obtaining planning clearance, the applicant must pay the premium FSI charge in one flat payment to the Chennai Metropolitan Development Authority (CDMA).

      The applicant can have complete control over the property in order to develop it. Keeping an undivided parcel of land, on the other hand, will exclude you from receiving a premium FSI. Before obtaining planning permission, the applicants must express their willingness to use the bonus FSI when submitting their planning permission application, as well as offer assurance that they will pay the premium FSI charge at the rates shown above.

      Latest about new FSI rules in Chennai 2024

      Latest FSI Rules in Chennai
      (The Tamil Nadu government has been modifying the terms and clauses of the new Development and Building Rules)

      As per all sources, the most recent change was done in 2019 for residential buildings in Chennai. As a result, the maximum permissible limit of FSI for residential buildings has been increased to 2 from 1.5.

      There’s no official word on the new FSI rules for 2024 in Chennai. People are thinking that the FSI for commercial buildings might go up in certain parts of the city. The idea is to help the economy grow and bring in more businesses. Someone has already given the proposal to the government to raise the FSI ratio to 6.5. The decision of the government is still awaited.

      FSI in Chennai has been able to strike a balance between infrastructure development and sustained growth. Although it does not provide a straightforward solution for accommodating the ever-increasing population in the city, the government is working towards more inclusive rules and regulations in the real estate sector to counter this problem. For more such queries regarding FSI, you can contact NoBroker real estate experts for help and guidance.

      Frequently Asked Questions

      Q1. What is the current FSI in Chennai CMDA for commercial buildings?

      Ans. The current maximum permissible FSI in Chennai for commercial properties is 2.

      Q2. What is the FSI for a 30 feet road in Chennai?

      Ans. Based on the recent regulation changes, builders can apply for an additional 50% extension of FSI over the guideline value if the abutting road is a minimum of 30 feet or more.

      Q3. What is the revised CMDA rules for residential building?

      Ans. The revised FSI in Chennai for residential properties is two, previously pegged at 1.5.

      Q4. Is there any exemption to the FSI calculation in Chennai?

      Ans. There are certain exemptions regarding the type of areas that would not be considered buildable areas while calculating the FSI of a building.

      Q5. How is the FSI of a building calculated?

      Ans.  FSI of any building is calculated using this simple formula involving the floor space index Chennai:
      FSI index= Floor space covered by all floors/ Total area of the land plot

      Stamp Duty and Property Registration Charges in Mumbai 2024

      Stamp Duty and Property Registration Charges in Mumbai 2024

      You might be planning to own a house for years, but it is essential to know that buying a home is not a cakewalk. It is both financially and emotionally overwhelming. From down payments to applying for loans and signing sale agreements, there are numerous things to take care of. And even after possession of your house, you need to register it in your name. In most cases, the buyer has to pay an amount in order to do this, known as Stamp Duty. And just like any other city in India, if you wish to purchase a home in Mumbai, you must take into account the charges of the stamp duty in Mumbai before finalising your total budget.

      Stamp duty is a kind of tax that you have to pay to the Government of India for the transaction of any immovable property. You need to register the property against your name in the local municipal records. This registration charge or the Stamp Duty is vital for legal possession of your house. Payment of this tax is mandatory under Section 3 of the Indian Stamp Act, 1899.

      Stamp duty rates vary from state to state and are also dependent on the market value of a specific property. There are several other fixed-rate instruments to calculate stamp duty. Once you are aware of that, you can prepare accordingly. The Maharashtra Government has revised the Stamp duty rates recently. In this article, we will be discussing the Stamp duty in Mumbai in detail.

      The Maharashtra Stamp Act and Stamp Duty in Mumbai

      The Maharashtra Stamp Act and Stamp Duty in Mumbai
      Pay Stamp duty and get possession of your house in Mumbai

      The Maharashtra Stamp Act was passed in 1958 to handle stamp duty-related issues in Maharashtra. This act covers all the specified instruments in Schedule 1 of the act. Any other tools come under the India Stamp Act, or they might not be chargeable at all. Moreover, this stamp duty is charged only on an instrument. Stamp duty is not applicable on a transaction. The Stamp duty in Mumbai is levied under the Maharashtra Stamp Act, 1958. Stamp duty on property in Mumbai depends upon various factors like whether the property is located in an urban or rural area and the transaction cost.

      Stamp Duty Rates in Mumbai and Adjoining Areas

      Stamp Duty Rates in Mumbai and Adjoining Areas
      Stamp Duty Rates in Mumbai

      In 2020, when the state faced a slowdown in the Real Estate industry, the Maharashtra Government announced reducing stamp duty on commercial properties. In August 2020, Maharashtra Government announced that they are reducing the stamp duty for the next three months. The new rate after the reduction was 2% (from earlier 5%) and applied from 1st September to 31st December 2020. From 1st January 2021, people were to pay a 3% stamp duty on the property value. This decision initially boosted property sales in Maharashtra.

      However, Maharashtra Government announced not to extend the cut anymore in March 2021. The earlier rate of stamp duty was restored from 1st April 2021. Therefore, the current stamp duty on commercial property in Mumbai is charged at a rate of 5% (4% stamp duty + 1% metro cess) of the market rate of the property.

      In a special announcement, on 8th March 2021, the Government declared that there would be a one per cent rebate in stamp duty for female buyers. Therefore, if the property is transferred in a woman’s name, the stamp duty in Navi Mumbai would be 4%. This rebate does not apply to joint buyers.  Check the table below to understand stamp duty and registration charges in Thane and other parts of Mumbai.

      CitiesMumbaiPuneThaneNavi MumbaiPimpri-ChinchwadNagpur
      Stamp duty rates are applicable from 1st April 20215% (including 1% metro cess)6% (including local body and transport surcharge)6% (including local body and transport surcharge)6% (including local body and transport surcharge)6% (including local body and transport surcharge)6% (including local body and transport surcharge)
      Stamp duty rates are applicable from 1st April 2021 (Female only)4% (including 1% metro cess)5% (including local body and transport surcharge)5% (including local body and transport surcharge)5% (including local body and transport surcharge)5% (including local body and transport surcharge)5% (including local body and transport surcharge)
      Stamp duty rates are applicable from 1st September to 31st December 20202%3%3%3%3%3%
      Stamp duty rates are applicable from 1st January to 31st March 20213%4%4%4%4%4%

      Registration Charges in Mumbai and Adjoining Areas

      Registration Charges in Mumbai and Adjoining Areas
      Govt hopes that the rate slash on stamp duty will boost demand in real estate

      The Government charges tax when a buyer wants to register a property in his/her name. This tax is called property registration charges. The rate of this charge differs from state to state. A typical registration charge is 1% of the deal value. In some states, there is a flat registration charge. The Maharashtra Government also has a flat registration charge in Mumbai on properties worth over Rs 30 lakh. You can also make your own stamp duty calculator Mumbai by using the figures below:

      CitiesMumbaiPuneThaneNavi MumbaiPimpri-ChinchwadNagpur
      The registration charge for properties worth over Rs 30 lakhRS 30,000RS 30,000RS 30,000RS 30,000RS 30,000RS 30,000
      The registration charge for properties worth less than Rs 30 lakh1% of the property value1% of the property value1% of the property value1% of the property value1% of the property value1% of the property value

      Stamp Duty and Registration Charges Mumbai: Determining Factors

      Stamp Duty and Registration Charges in Mumbai Determining Factors
      Stamp duty is heavily dependent on several factors such as property type, location, and market value.

      Stamp duty and registration charges are the charges which everyone has to pay while buying any property, including lands, flats, residential or commercial properties. The Maharashtra Government also levies these fees while transferring the title of the property. Stamp duty and registration charges in Mumbai depend upon several factors like property type, property location, and market value,

      • Property Type: Stamp duty and fees for the flat registration process in Mumbai are mandatory irrespective of the type of the property. However, the costs can be different based on the type of property. Commercial properties have additional floor space, many amenities, and security features than residential ones. So, the fees for the retail units are generally higher than the residential spaces.
      • Type of the locality: the locality or jurisdiction of the property also determines the stamp duty and registration fees rate. For example, urban areas or the areas under a municipality have a higher amount of stamp duty tax. If your property is under a municipality, the tax will be higher than the land that falls under a Panchayat.
      • Market value: Along with the property area, the property’s market value is also taken into consideration while calculating the stamp duty on a particular property.
      • Age of the property: Stamp duty tax is a percentage of the property’s total market value. The old properties or buildings generally attract fewer customers leading to a low market value. Such old buildings attract more periodic charges in comparison to new installations.
      • Gender of the owner: In India, female buyers generally pay less stamp duty tax while buying a new property. For example, in 2021, the Maharashtra Government announced a discount of 1% on stamp duty for female owners.

      Are tax benefits applicable on stamp duty payments in Mumbai?

      Expenses related to registration charges and stamp duty rate in Mumbai directly related to the transfer are eligible for a tax credit under Section 80C of the Income Tax Act 1961. The highest amount that can be deducted is Rs 1.5 lakh.

      Home loan registration charges tax benefit

      Section 80C allows you to deduct stamp duty, registration fees, and other expenses that are directly related to the transfer. The highest deduction amount that can be claimed under this section is Rs. 1,50,000.

      Stamp duty and registration charges – Navi Mumbai

      Listed below are the local body tax rates –

      GenderStamp Duty ratesRegistration charges
      Male6% (Stamp duty 5% + Local Body Tax (LBT) 1%)Properties < ₹30 lakh – ₹30,000.Properties > Rs 30 lakh – 1% of the property value. 
      Female5% (Stamp duty 4% + Local Body Tax (LBT) 1%)Properties < ₹30 lakh – ₹30,000.Properties > Rs 30 lakh – 1% of the property value. 
      Joint (Male + Female)6% (Stamp duty 5% + Local Body Tax (LBT) 1%)Properties < ₹30 lakh – ₹30,000.Properties > ₹30 lakh – 1% of the property value.
      Joint (Male + Male)6% (Stamp duty 5% + Local Body Tax (LBT) 1%)Properties < ₹30 lakh – Rs 30,000.Properties > ₹30 lakh – 1% of the property value.
      Joint (Female + Female)5% (Stamp duty 4% + Local Body Tax (LBT) 1%)Properties < ₹30 lakh – Rs 30,000.Properties > ₹30 lakh – 1% of the property value.

      Stamp duty for a resale flat in Mumbai

      If you buy a house in Mumbai that will be ready for possession in two years, you will pay2% stamp duty and 1% registration tax. The stamp duty on resale flat in Mumbai also remain the same.

      Current Stamp Duty in Mumbai   

      Current Stamp Duty in Mumbai
      Stamp duty cuts have boosted the sale of houses in Mumbai

      The latest stamp duty and registration charges in Mumbai vary across the region. The costs mainly depend upon the location of the properties. The price within the limits of the urban areas is 5% of the current market value of the property—this rate changes for the semi-urban and rural areas.

      AreasStamp duty in Mumbai
      Within Gram Panchayat limits3% of the market value
      Within the municipal limits of the urban areas5% of the market value
      Within the limits of municipal councils/ panchayats/ cantonments within MMRDA4% of the market value

      Stamp Duty Calculator in Mumbai

      Stamp Duty Calculator in Mumbai
      Stamp duty is a percentage of the market value of the property. 

      The stamp duty percentage in Mumbai is calculated depending on the property’s value, as mentioned in the buyer-seller agreement and the Ready Recon Rate. The state government prescribes a ready Recon Rate for an area. It is a minimum rate below which you cannot buy or sell a property on a particular site. Therefore, the Ready Recon Rate of an area determines the minimum market value of a property. Stamp duty is a percentage of the market value of the property. For property within the municipal limits of the urban areas in Mumbai, the stamp duty is 5% of the property value.

      Let’s understand this with an example. Suppose the Ready Recon Rate for the flats in the Worli area is RS 75,000 per sq. m., the minimum value of a 1,000 sq. m flat in the Worli area has to be RS 7,50,00,000. Now the stamp duty on this transaction would be 5% of RS 7,50,00,000 i.e Rs 37,50,000.        

      Property Registration Charges in Mumbai

      The Maharashtra Government charges a fixed amount of RS 30,000 if the retail value of a property is above Rs 30 lakh. However, if the property costs below Rs 30 lakh, the registration charge is 1% of the property value.

      Calculating Registration Charges for Flat in Mumbai

      If you’re planning to buy a flat in Mumbai, it’s important to be aware of the various charges that come with it. One such charge is the flat registration charges in Mumbai. The registration charges are a fee that is paid to the government for registering the property in your name.

      The property registration charges Mumbai depend on the value of the property. In Mumbai, the registration charges are 1% of the property value. For instance, if the property value is Rs. 50 lakhs, the registration charges would be Rs. 50,000.

      To calculate and pay the flat registration charges in Mumbai, you need to follow these steps:

      • Calculate the value of the property.
      • Multiply the property value with the registration fees in Mumbai, which is currently 1%.
      • Pay the amount online or at the sub-registrar’s office.

      Depending on the property value, you have to calculate the stamp duty

      Here is a simple example of how to calculate home registration charges in Mumbai. Someone is selling a residential flat for Rs 5,00,00,000. In this case, the registration fees will be Rs 30,000 as the land value is above Rs 30,00,000. If the value of a property is Rs 25,00,000, the fees to be paid for registration will be 1% of Rs 25,00,000 or Rs 25,000.

      Stamp Duty and Registration Charges for Resale Flat in Mumbai

      Stamp Duty and Registration Charges for Resale Flat in Mumbai
      How different are the stamp duty charges for resale flats

      India Stamp Act, 1899 makes it mandatory for buyers to pay the stamp duty and registration charges on any property transactions. Every sales deed must be registered. Whether it is an upcoming project or a resalable flat, you have to pay stamp duty tax and registration fees. This rule applies to every state in India. In Mumbai, the charges are determined according to the Maharashtra Stamp Act, 1958.

      The stamp duty charges for the under-construction or resalable properties within the urban areas are 5% on the property’s market value from 1st April 2021. The registration charges are Rs 30,000 if the property value is above Rs 30 lakh and 1% of the property value if the worth of the property is under Rs 30 lakh. However, the resalable properties enjoy relaxation in GST. 

      No GST is charged upon the ready-to-move-in flats at the time of purchase.

      Stamp Duty and Registration Charges in Maharashtra: Comparison of Rates Across Cities

      The stamp duty and registration charges in Maharashtra vary across cities. Here’s a comparison of the rates in some of the major cities:

      CityStamp DutyRegistration Charges
      Mumbai6%1% of property value
      Pune5%1% of property value
      Nagpur5%1% of property value
      Nashik5%1% of property value

      It’s important to note that the stamp duty rates in Maharashtra are different for men and women. Men are charged 5% while women are charged 4%. Additionally, there are different stamp duty rates for different types of properties, such as residential and commercial.

      Gift Deed Stamp Duty Mumbai

      As per Article 34 of the Maharashtra Stamp Act that has been amended in the year 2017, a gift deed stamp duty is 3% of the property’s value. That said, if the property is an agricultural or residential one that is gifted to family members, the gift deed stamp duty, in this case, becomes Rs. 200.

      Online Payment of Stamp Duty on a Property in Mumbai

      Online Payment of Stamp Duty on Commercial or Residential Property in Mumbai
      Online payment of stamp duty is fast and easy

      The Maharashtra Government has recently amended the Maharashtra Stamp Act and introduced e-payment of the stamp duty & registration charges in Mumbai. This has made paying the stamp duty and registration fees simple for home buyers. The whole procedure is easy to execute and less time-consuming.

      • Visit the official portal of the Maharashtra Government’s Department of Registration and Stamps.
      • If you are a registered user, fill in the required log-in information.
      • If you are not a registered user, then choose “Pay without Registration.”
      Maharashtra Government's Department
      • Upon choosing “Pay without Registration, the portal will redirect you to another page. Here, you have to choose “Citizen” and select the type of transaction you want to execute to proceed further.
      • Click on the “Make Payment to Register Your Document” tab. Pay your stamp duty and registration charges together or separately. Fill in all the required details carefully.
      • Choose the payment option and save the challan for future use. You have to present this challan at the time of executing the instruments.

      Stamp Duty and Registration Charges: Notice of Intimation Charges

      If you’re planning to purchase a property in Maharashtra, you must be aware of the stamp duty and registration charges. One of the significant components of these charges is the Notice of Intimation (NOI) fee. The NOI is a mandatory registration of property with the government, which is a necessary step for obtaining ownership rights.

      At NoBroker, we understand the intricacies of the property buying process and offer legal services to assist you in navigating it. Here’s what you need to know about the NOI charges:

      • The NOI fee is 1% of the property’s total value or Rs. 30,000, whichever is less.
      • The registration process includes the submission of documents such as property card, NOC, and the agreement between the buyer and the seller.
      • If the property has any pending dues, the NOI fee must be paid after clearing the dues.
      • Failure to register the property within four months of its purchase may result in additional fees.

      To ensure a smooth registration process, consider availing NoBroker’s legal services. Our team of experts can help you understand the nuances of the registration process and ensure a hassle-free experience.

      Stamp Duty Refund Process in Mumbai

      Stamp Duty Refund Process in Mumbai
      Stamp Duty Refund Process in Mumbai

      In case a property deal is cancelled or called off for some reason, you may be eligible to get a refund of the stamp duty if you claim within a limitation period of 6 months. You get the stamp duty refund after a deduction of 10% of the total amount of the duty paid. However, the deduction is INR 1000 per challan if the refund is done through an e-payment process. In terms of the information to submit for the stamp duty refund process in Mumbai, in addition to the filled application, you also need to attach the original agreement and the cancellation deed, given both the documents are registered. Or else, you will not get a refund of the registration charges.

      That said, the government has started a convenient and accessible online stamp duty refund process in Mumbai. You can download the refund application form from the government website at https://www.igrmaharashtra.gov.in/SB_ACTIVITES/activites_StampDutyRefund.aspx

      Information to be filled online for stamp duty refund

      • The applicants can fill in the refund form anytime on the official website of the Maharashtra Government’s Department of Registration and Stamp.
      • After filling up the application form, the applicant must download the acknowledgement form and submit all the documents to the Collector of Stamps Office.
      • Applicants can see the progression status online.

      The online process for the same is also simple. Note that you will also have to submit the physical refund application to the concerned office. To apply online, all you need to do is:

      • Visit the official website of the Department of Registration & Stamps at https://appl2igr.maharashtra.gov.in/refund/
      • click on ‘new entry’ after checking the box on understanding the instructions of the application’s physical submission along with the online submission
      website of the Department of Registration & Stamps
      • Your 11-digit Refund Token no. will be generated which you need to note down.
      • In the same page you need to create and confirm the new password, and hit submit
      website of the Department of Registration & Stamps
      • Here you can already get a filled up old data or fill them fresh from scratch including your individual details and address.
      website of the Department of Registration & Stamps

      After this submission and physically submitting the application, you will also be able to use your refund token no and password to view the status or modify any details.

      Here are the grounds on which one can claim a refund of the stamp duty in Mumbai:

      • If one had paid excess stamp duty
      • In the cases of unused or spoiled stamp papers
      • Cancellation of a document
      • If the court orders for a stamp duty refund
      • If the amount is deducted more than once for the same challan
      • Cancellation of the agreement
      • If the stamp duty is paid to different departments or heads

      Stamp Duty in Mumbai Latest News

      Stamp Duty in Mumbai Latest News
      Stamp Duty in Mumbai
      • In March 2021, the Maharashtra Government restored the 5% stamp duty on property registration.
      • On 8th March 2021, the Government announced a 1% concession on stamp duty for female owners. This concession is not applicable if there is a male co-owner.
      • The refund claim period has been increased from six months to two years from the cancellation date.

      Do you Need to Pay Stamp Duty on Past Property Documents?

      It is possible that the Collector can recall your property documents as per the Maharashtra Stamp Act to verify if the stamp duty paid is correct. However, this can only be done if the time frame is within 10 years from the date of registration. If collected within the 10-year time period, it will be calculated on the basis of the prevalent or past market rate when the transaction was completed. Furthermore, as per a recent ruling, the Bombay High Court has also stated that the stamp duty on documents that are inadequately stamped, will not be collected at the time of a sale.

      Mumbai Property Registration Charges: How to Save Money

      Buying a property in Mumbai can be an expensive affair, with high stamp duty and registration charges. However, there are ways to save money on these charges. One such way is to opt for joint ownership.

      In the case of joint ownership, the stamp duty and registration charges are split between the owners. For instance, if the property value is Rs. 50 lakhs and two people are joint owners, the stamp duty and registration charges would be calculated on Rs. 25 lakhs each, which would result in a lower overall cost.

      It’s important to note that the stamp duty on flat purchase in Mumbai would still be applicable at the prevailing rate, which is currently 6%. However, opting for joint ownership can help you save money on the registration charges.

      Another way to save money on Mumbai property registration charges is to take advantage of the amnesty scheme announced by the Maharashtra government. Under this scheme, homebuyers can get a waiver of up to 50% on stamp duty and registration charges for properties purchased between April 1, 2023, and March 31, 2024.

      At NoBroker, we understand the importance of saving money in the home-buying process. Our legal services can assist you in exploring all possible options and ensuring a cost-effective transaction.

      Stamp Duty and Registration Charges in Maharashtra 2023: Amnesty Scheme

      Maharashtra is one of the top states in India when it comes to real estate. However, the high stamp duty and registration charges can often make it difficult for people to buy properties. To provide relief to homebuyers, the Maharashtra government has announced an amnesty scheme for stamp duty and registration charges.

      Under the scheme, homebuyers can get a waiver of up to 50% on stamp duty and registration charges for properties purchased between April 1, 2023, and March 31, 2024. The waiver is applicable to properties with a value of up to Rs. 50 lakhs.

      The current stamp duty rates in Maharashtra are 5% for men and 4% for women, and the registration fees in Maharashtra are 1% of the property value. In Mumbai, the stamp duty and registration charges are even higher, with a stamp duty of 6% and registration fees of 1% of the property value.

      At NoBroker, we understand the importance of these charges in the home-buying process. Our legal services can assist you in availing the amnesty scheme and ensuring a smooth transaction.

      Be Aware of legal Potholes

      Thoroughly consider all aspects that revolve around the property purchase decision. The cost of stamp duty and registration charges in Mumbai should also be kept in mind while you calculate the cost of your home or how much you will need to borrow as a home loan. Click below if you have any legal issues with Stamp Duty in Mumbai and contact our team for help.

      FAQ’s

      Q1. Has stamp duty been extended for the year 2021?

      Ans. Adding an extension to the previous deadline of March 31, 2021, the stamp duty land tax holiday has been extended this year, till June 30, 2021.

      Q2. Is e-Filing of stamp duty available in Maharashtra?

      Ans. Maharashtra State Excise department has launched the e-Filing portal for stamp duty, enabling citizens to benefit from single window access to all services related to license and tax filing.

      Q3. What is the current stamp duty in Mumbai?

      Ans. Current stamp duty in Mumbai city for both male and female property owners is 6%.

      Q4. Can stamp duty be paid in cash?

      Ans. Yes, citizens all over India can pay stamp duty via cash, demand draft, cheque, pay order, NEFT, account transfer and RTGS.

      Q5. How long does it take for a stamp duty refund in India?

      Ans. Stamp Duty is refunded after deducting 10% of the total amount of duty paid within a minimum of 2 months to a maximum of 6 months from the date of payment.

      FSI In Pune 2024: Calculate FSI In Pune Municipal Corporation

      FSI In Pune 2024: Calculate FSI In Pune Municipal Corporation

      FSI is a very common real estate term used very often to describe a property. FSI in Pune city refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Pune are determined by the government of the region and follows the National Building Code for the entire process. FSI is also commonly known as Floor Size Ratio or Floor Area Ratio as per the region of usage. 

      Know More About What is FSI in Pune?

       FSI in Pune
      What is FSI in Pune

      In Pune, the Floor space index is amended every few years and for property owners in Pune, it is absolutely necessary to stay up to date with the latest guidelines and new FSI rules in Pune. Floor Space Index Pune is a very important parameter for the government to keep a track of the development and redevelopment projects undergoing in the city. The government needs to track these details as any city has limited space. With such limited space and a growing population, the government keeps track of the FSI Pune value. 

      FSI Calculator Pune: How to Calculate Floor Space Index Pune?

       FSI in Pune
      (Calculate Floor Space Index Pune)

      If you are wondering how to calculate FSI in Pune, the floor space index value of different properties in Pune can be equal if the building size differs visually. Based on the new floor space index rules in Pune, it can be calculated as:

      Floor Space Index = Total area of the building floor/Gross Plot Area

      Key outcomes:

      • The ratio of square footage refers to the exact proportion of the entire useable surface area of a particular building in comparison to the total area of the land.
      • A larger ratio would, in all likelihood, be indicative of a region that is heavily urbanised or has a dense population.
      • The FSI would be significantly different for different types of structures, such as residential, industrial, agricultural, or commercial land, depending on the type of land.

      The FSI of a place can differ significantly based on certain factors. Generally, the factors that are considered include parameters like construction exercises, population dynamics, growth models and the nature of the space. Even the type of land can significantly affect FSI value depending on whether it is a residential, agricultural, commercial or industrial plot. Even the type of land can significantly affect FSI value as well as premium FSI charges calculation, depending on whether it is a residential, agricultural, commercial or industrial plot.

      The floor space index in Pune is considered to be one of the very crucial factors for the city’s development. A low barrier is a real estate limitation as it complicates the process of construction. The real estate industry wants a higher FSI for the lands so that direct benefits can be extended to the estate developer. This will result in the strengthening of the housing sector and more houses can be constructed in the same space, leading to higher sales. A higher FSI also equated to more demand in the area. Currently, the floor space index for redevelopment in Pune is 1.10.

      Online FSI Calculator

      FSI calculators have become valuable tools for individuals and real estate professionals alike. These calculators, available on various online platforms, offer a convenient way to estimate Floor Space Index for a given property. By inputting relevant details such as plot area, construction type, and location, users can quickly obtain an approximation of the FSI, aiding in informed decision-making during property transactions and development projects. 

      How Much FSI is Allowed in Pune?

       FSI in Pune
      (How Much FSI is allowed in Pune)

      The Pune government follows a transit-oriented development approach. This allows the Pune government to keep the maximum floor space index in the city at 4.  The floor space index in Pune in 2022 is 1.10. The FSI score of the areas of Pune can be categorised as:

      Width of the road (in meters)Minimum size of the plot (sq. m.)Maximum FSI Permissible
      9 – 12 mBelow 1,0002
      12 – 18 m Above 1,0002.5
      18 – 24 m Above 2,0003
      24 – 30 mAbove 3,0003.5
      30 m & above Above 4,0004
      (Figures for FSI for residential buildings in Pune)

      Area-wise FSI in Pune 2024

      Here is the floor space index in Pune for some of the top areas:

      • FSI in Baner: 1.10
      • FSI in Kotrud: 1.10
      • FSI in Lohegaon: 1.10
      • FSI in Wagholi: 1.10
      • FSI in Hadapsar: 1.10
      • FSI in Hinjewadi: 1.10

      What is the Most Significant Benefit of the FSI? 

       FSI in Pune
      (Benefits of the FSI)

      The FSI may be regarded as a major real estate limitation but it has many benefits for a progressing city like Pune:

      • Managing the ratio between open space to developed space to an optimum level.
      • Managing the city’s ecosystem and space.
      • Measure a project’s stable development
      • Managing the right balance between the supported, planned growth & development is very necessary

      Ancillary FSI in Pune

      Ancillary FSI, or ancillary area Floor Space Index, refers to an additional floor space allowance beyond the basic FSI (Floor Space Index) granted for a construction project. In the context of Pune, ancillary area FSI is allowed up to 60% of the proposed FSI in the development permission, with the possibility of an extension to 80% for non-residential use. This additional FSI incurs a premium payment, which varies based on the local authority or area. 

      The Ancillary FSI charges in Pune differs across regions, such as 15% for Pune and Thane Municipal Corporation, 10% for Nagpur, Nashik Municipal Corporation, and others. 

      Ancillary FSI is integrated into the overall FSI calculation, including permissible FSI, premium FSI, TDR, and additional FSI. The purpose of ancillary FSI is to provide flexibility for certain constructions, allowing for increased floor space beyond the basic limits, subject to premium payments and local regulations.

      With so many developing areas, Pune has emerged as one of the most preferred cities to live in. FSI in Pune is the maximum permissible area allowed by the Municipal Corporation for development. Based on the guidelines set by the government, these parameters keep changing from time to time.
      Therefore, navigating FSI nuances alone can be challenging.  NoBroker, with its legal expertise, simplifies the complexities, ensuring a smooth journey through Pune’s real estate landscape. Consult NoBroker today to experience a hassle-free approach to all your property concerns.

      Frequently Asked Questions

      Q1. How can I buy FSI in Pune?

      Ans. Paid FSI in Pune is available with the Planning Authority. At present, Pune’s paid FSI charges are calculated depending on the ready reckoner rates of a plot. Based on the higher scope of work, the premium FSI rate in Pune is also charged. Paid FSI in Pune is almost equal to 50% value of ready reckoner of a land.

      Q2. What is the FSI for redevelopment in Pune?

      Ans. FSI for redevelopment in Pune is the same as regular FSI, i.e. 1.10

      Q3. Are balconies and common spaces included in FSI?

      Ans. No, FSI only considers the gross floor area and hence doesn’t include any balconies, exterior spaces, common areas and driveways. 

      Q4. What is meant by permissible FSI?

      Ans. Permissible FSI refers to the maximum floor area that is officially permitted to be developed. The permissible FSI varies for different properties based on the location. 

      Q5. What is FSI in Pune?

      Ans. Currently, FSI in Pune is set at 1.10.

      Stamp Duty and Property Registration Charges in Hyderabad

      Stamp Duty and Property Registration Charges in Hyderabad

      Are you planning to buy a home in Hyderabad? The land of authentic dum biryani, it’s a great time to consider buying a house in the city as the Telangana state government is contemplating a slash in stamp duty and registration charges in Hyderabad. With the reduction imminent, let’s take a look at what is the current stamp duty in Hyderabad and how the state calculates the property registration charges in Hyderabad. The stamp duty rates are published on the 31st of January of each month, the stamp duty rates 2024 will be published in the first month of the 31st.

      Stamp Duty in Hyderabad 2023-24

      Stamp duty charges are the taxes levied by the government on the purchase of a property. In India, the state government is responsible for setting the rules and guidelines and maintaining the process of collection. It is generally fixed at a percentage rate of the transactional value. Stamp Duty is an important fee to pay for transferring the ownership of a property in legal records. Under the Indian Stamps Act, 1899, the payment of stamp duty acts as proof of record in cases of property disputes.

      Stamp Duty in Hyderabad
      Registration charges for apartments in Hyderabad

       In Hyderabad, the stamp duty charges are imposed along with the registration charges and transfer duty. In the case of Municipalities and corporations, the stamp duty is fixed at 4% with registration fees of 0.5% and transfer fees of 1.5%. An easy way to calculate the approximate registration charges for a flat in Hyderabad is to know the current market value of the property and multiply it by the percentage rates for stamp duty and property registration charges.

      Type of Property TaxAmount (% amount of current value of the property)
      Stamp Duty4%
      Registration Charges0.5%
      Transfer Fee1%

      Flat Registration Charges in Hyderabad 2021-22

      Flat Registration Charges in Hyderabad
      Property registration charges Hyderabad

      The stamp duty in Hyderabad is amongst one of the lowest in the country. The total stamp duty and property registration charges account for almost 6% of the market value of the property in almost all cases. The stamp duty can be paid at the office of the sub-registrar and a computer-generated slip is issued upon payment. In the case of apartments and flats, the stamp duty in Hyderabad is fixed at 4% with registration fees of 0.5% and transfer fees of 1.5%. If you have a sale agreement with the builder or owner, and you have taken possession of the flat, the stamp duty and house registration charges in Hyderabad will remain the same.

      However, if you as the buyer don’t have possession of the flat, you are required to pay 0.5% of the property’s market value as stamp duty. Under both circumstances, the registration fees stand at 0.5% of the property’s market value (minimum Rs 5,000 and maximum Rs 20,0000). In case the owner of the flat is being represented by someone else with a power of attorney or GPA, the stamp duty charges are fixed at 5% with Rs 2000 as the registration fee. 

      Here’s a table, to sum up, the various circumstances and how the apartment registration charges in Hyderabad are calculated:

      ScenarioStamp DutyRegistration FeeTransfer Duty
      Sale of flat or apartment4%0.5%1.5%
      Sale of flat or apartment with possession4%0.5%0
      Sale of flat or apartment without possession0.5%0.5%0
      Sale through the power of attorney5%Rs. 20000
      Willed Flat0Rs. 10000

      Source: Telangana Registration Department

      Documents Required for Paying House Registration Charges in Hyderabad

      Documents Required for Paying House Registration Charges in Hyderabad
      Documents required for paying GST for flat registration in Hyderabad

      The stamp duty charges are a very important source of revenue for the state government. The payment also acts as a proof of record and it helps the states in determining the legal ownership of any property. The process also involves a mandatory submission and verification of documents at the office of the sub-registrar. Here is a list of the mandatory documents that you may have to furnish while paying Hyderabad stamp duty:

      • Demand draft/ challan of payment of complete stamp duty.
      • Aadhaar card.
      • Encumbrance (EC) certificate
      • Section 32A photo form of every executant and witness.
      • Property card of Telangana
      • Identity proof of all the concerned parties, i.e buyer, seller and witnesses
      • Address proof of the buyer(s) and the seller(s).
      • PAN card.
      • Pattadar passbook in case of agricultural land.
      • Documents for Power of attorney GAP/SAP
      • Photograph of the exterior view of the property

      It is mandatory to submit the original documents with the signatures of all the concerned parties. The witnesses should also be present with their set of documents mentioned for a smooth process. 

      Transfer charge on a property purchase in Hyderabad

      Aside from stamp duty and registration fees, all buyers in Hyderabad must pay a transfer fee of 1.5% of the property value. House registration charges in Hyderabad are transparent and hassle-free. 

      The flat registration charge for women in Hyderabad

      The official site of Telangana offers a clear picture of the flat registration charges in Hyderabad. Unlike other cities, where stamp duty rates are reduced when a property title is transferred in the name of a woman or when a woman is a party to joint ownership, stamp duty rates in Telangana are the same for men and women. As a result, women in Hyderabad pay the same amount of stamp duty as men (4% of the property value) even for open plot registration charges in Telangana.

      How is stamp duty for home registration charges in Telangana calculated?

      Individuals must compute the stamp duty and registration expenses in Hyderabad, as previously said, in order to grasp the total property price. Here’s a simple example of how to calculate anything.

      If someone wants to buy a house or flat for Rs.30 lakh, they will have to pay a stamp duty of 4%. In Hyderabad, the buyer must also pay 0.5% in house registration fees.

      As a result, the stamp duty payable by this buyer is 4% of Rs.30 lakh or Rs.1.2 lakh. He will also have to pay an additional registration fee of Rs.15,000 for a flat in Hyderabad, which is 0.5% of Rs.30 lakh.

      As a result, in addition to the original property price, this individual will pay Rs.1,35,000 in stamp duty and registration fees in Hyderabad. Buyers must cover these charges as part of their home loan down payment.

      Individuals who find this computation difficult can utilise a Stamp Duty Calculator in Hyderabad to quickly estimate such costs.

      Factors that determine Stamp Duty Charges

      Age of Property

      Stamp duty is determined by the overall value of the property, the age of the property has a considerable impact on stamp duty rates because older properties are less expensive than younger ones.

      Owner’s Age

      In most states, senior citizens pay a cheaper stamp duty rate. As a result, a property owner’s age plays a significant influence in setting stamp duty rates.

      Property Type

      In comparison to an independent house, a flat/apartment requires extra stamp duty.

      Owner’s Gender

      When compared to men, women in India normally pay a lower stamp duty fee. Men are required to pay around 2% more than women.

      Purpose of the Property

      In comparison to residential properties, commercial properties usually have a higher stamp duty fee. This is because commercial buildings typically require significantly more amenities than residential buildings.

      Location of the Property

      An individual’s stamp duty fee is also determined by the property’s location. A property in an urban location is subject to a higher stamp duty rate than one in a rural or suburban region.

      Amenities

      The stamp duty amount is also determined by the number of facilities provided by the property. A greater stamp duty cost is required for a building with more amenities, while a lower stamp duty fee is required for a structure with fewer amenities. A community hall, library, swimming pool, gym, club, sports area, elevators, gym, children’s play area, and other amenities will necessitate a higher stamp duty payment.

      Timeline of Paying Apartment Registration Charges Hyderabad

      Timeline of Paying Apartment Registration Charges Hyderabad
      Timeline for paying resale flat registration charges in Hyderabad

      It’s a misconception that since paying stamp duty is a government process, it’s very tedious and laborious. With the right information, you can make the process hassle-free for you. It’s very important to carry all the required documents for paying the property registration charges in Hyderabad. Once you have submitted the documents at the office of the sub-registrar, it generally takes an hour to scan and upload most of your documents. 

      Only the original copy of the sale deed will be kept at the offices for around 24 hours. This is done to scan and verify the credibility of the documents and upload them to the government records. Upon verification, the original documents are returned to the concerned parties. A computer-generated slip is issued to the new buyer as a receipt of payment of stamp duty and registration charges for the resale flat in Hyderabad. 

      Why Paying Registration Charges for Resale Flats in Hyderabad Is Important?

      Why Paying Registration Charges for Resale Flats in Hyderabad Is Important
      Importance of paying registration charges for resale flat in Hyderabad

      As mentioned already, the stamp duty and registration charges collected by the government are a very important stream of revenue for the state. These funds are in turn used by the state to fund development projects and activities across the boundaries of its territories. But on an individual level, a successful payment of stamp duty and property registration charges results in the transfer of ownership. To keep the legal records updated and avoid property grounds and real estate complications, it’s important to pay stamp duty and property registration charges on time. 

      Latest Updates About Hyderabad Land Registration Charges

      Latest Updates About Hyderabad Land Registration Charges
      Premium flats aren’t getting a lot of attention in Hyderabad after a spike in stamp duty charges

      The real estate market of Hyderabad was booming for the past six years but the state government’s decision to revise the stamp duty charges and increase them by 1.5% has made housing unaffordable for a lot of income groups. There is a slump in real estate investment with only flats worth between Rs. 50 lakhs to Rs 1 crore seeing some demand. Flats worth more than Rs 1 crore, a category that was on an exponential rise, seem to be showing a downward trend. This remains a matter of concern for the state as the real estate market continues to fall in the state. To-Let boards are a common sight in the city these days and many top societies and builders reportedly faced huge losses. 

      What can the IGRS Telangana website help you with?

      The following services are offered by the portal most frequently:

      • Online services for registering properties are offered by the portal. The IGRS site provides access to information regarding property registration.
      • Obtain Certified Copy: Registered documents’ certified copies are available for download from the website.
      • Learn About SROs: The IGRS portal allows users to view the concerned SRO’s details.
      • Details regarding Prohibited Properties: The Telangana government’s list of disputed or disallowed properties in a village or district is available on the website.
      • E-Stamps: The website enables an online collection of stamp duty. To stop fraudulent practices in offline payment collecting, this service was established.
      • Marriage Registration: This portal can be utilised to learn more about the prerequisites for registering a Hindu marriage as well as information on the pre-registration process. It is also utilised to find out information on Christian and Muslim marriage registration.
      • Telangana EC Search: This tool enables users to look up encumbrances and pending loans on any property that is registered with the Telangana state’s Sub-Office Registrar’s (SRO).
      • Firm Registration: Through the portal, a candidate can obtain information about registering a firm. He or she can use the website to request changes to a registered firm’s name and address.
      • Market Value Search: Using the IGRS website’s market value search feature, you may learn the prices of both agricultural and non-agricultural land in a Telangana village or district. The applicant must choose the Mandal, village, and district from the list, select the type of land (agricultural/non-agricultural), and then click the Submit button to obtain the market value.

      Timeline for Deed Registration

      Within 24 hours, the sub-registrar office should record the sale deed, lease deed, etc. The parties will receive these documents after they have been scanned. The junior or senior assistant will issue the encumbrance certificate within one hour. To find out about the cost of real estate in a specific area, one can also ask for market value. Within an hour, the market value information will be made available.

      How To Pay Registration Charges for Apartments in Hyderabad

      With technology working its miracle, it is very easy and convenient to pay stamp duty and registration charges for a resale flat in Hyderabad. The state government of Telangana has introduced a digital portal through the Registration and Stamps Department. With the digital portal, it’s very easy to pay stamp duty in Hyderabad. Here is a step-by-step guide to help you with the process: 

      1. Visit the portal here and create your user profile.
      2. Upload all the required documents as mentioned on the portal. 
      3. Pay the charges for the stamp duty fee and registration fee
      4. Book your time slot and appointment with the office of the sub-registrar.
      5. Visit the SRO on appointment day
      6. Verify document with the officer present and get slip prepared. 
      7. Submit E-KYC with the Officer present in SRO
      8. The officer will then verify your details and documents and print the endorsement of the registered document.

      The process is very simple and hardly takes a day. Just make sure you have the original documents present with you at the SRO. 

      What are the factors that affect Stamp Duty Charges

      The property’s age plays a significant role in establishing the stamp duty fees because stamp duty is calculated based on the total value of the home or property. Since newer homes are typically more expensive than older homes, they will be subject to a greater stamp duty fee than older homes.

      Nature of the Property: Stamp duty rates for residential properties are frequently lower than those for commercial buildings. Commercial properties are subject to a higher stamp duty fee than residential properties since they typically need a lot more amenities.

      Location of the Property: Stamp duty rates vary depending on the locality. For instance, a property located in an urban region will be subject to a higher stamp duty rate than a property placed in a rural or suburban location.

      The age of the property’s owner — Older people may receive a rebate on stamp duty. Many states provide senior citizens with discounted stamp duty fees. This is why an important factor in determining the stamp duty assessed on a given property is the age of the property owner.

      The majority of states charge men a higher stamp duty fee than women. The gender of the property owner. In most circumstances, men pay about 2% more in stamp duty than a woman does, and women receive a subsidy on this fee.

      Registration Charges Calculator Hyderabad

      Registration Charges Calculator Hyderabad
      Registration Charges Calculator: Hyderabad

      Stamp duty is very important and it’s fit to take into account the extra amount you may have to bear because of these charges. The rates vary from state to state and it’s not easy to keep a track of the latest amendments by the respective state government. To get a rough estimate of the amount you may have to pay, you can use a Stamp duty calculator: Hyderabad. As the stamp duty and registration charges in Hyderabad are dependent on the current market value of the property, some important factors may affect the extra amount you pay. A few of the important factors affecting stamp duty in Hyderabad are: 

      • Age of the property
      • Age and Gender of the Property owner
      • Location and area of Property
      • Type of Property: Commercial or Residential
      • Amenities present in the property

       The state government of Telangana recently revamped and increased the rate of stamp duty in Hyderabad. With the latest amendment, the price of real estate has shot up exponentially. In such circumstances, paying extra money as brokerage while buying a new property doesn’t seem economical. Rent or buy directly from NoBroker and save thousands on brokerage. Click this link and browse through a wide range of properties tailored to your customisation and all without any brokerage. If you need any help with legal issues for property, click below.

      FAQ’s

      Q1. What is stamp duty in Hyderabad?

      Ans. The Stamp Duty rate in Hyderabad is fixed at 4% with a registration fee of 0.5% and a transfer fee of 1.5%. The stamp duty charges in Hyderabad is one of the lowest when it comes to a high rising city. 

      Q2. What is the property registration charges in Telangana?

      Ans. The government of Telangana has fixed the stamp duty charges at 4% of the current market value of the property. Along with that, the new buyer will have to pay 0.5% of the property’s value as the registration fee and 1.5% of the property’s value as transfer duty.

      Q3. What are the important documents required while paying stamp duty in Hyderabad?

      Ans. Here is a list of the documents required while paying stamp duty in Hyderabad
      Demand draft/ challan of payment of complete stamp duty.
      Aadhaar card.
      Encumbrance (EC) certificate
      Section 32A photo form of every executant and witness.
      Property card of Telangana
      Identity proof of all the concerned parties, i.e buyer, seller and witnesses
      Address proof of the buyer(s) and the seller(s).
      PAN card.
      Pattadar passbook in case of agricultural land.
      Documents for Power of attorney GAP/SAP
      Photograph of the exterior view of the property

      Q4. What are the current stamp duty charges in Hyderabad?

      Ans. The rate of stamp duty, registration fees and transfer duty is decided by the state government of Telangana. The government of Telangana recently revised the stamp duty charges in the state and increased them by 1.5%.

      Q5. How do I pay stamp duty in Hyderabad?

      Ans. The stamp duty charges can be paid at the office of the sub-registrar. You can also pay the amount online at the Government of Telangana’s official revenue portal: https://registration.telangana.gov.in/index.htm

      All You Need to Know about Revenue Stamps

      All You Need to Know about Revenue Stamps

      Before and after independence, India has been a big consumer of revenue stamps. Revenues were originally produced in the mid-nineteenth century, and they continue to be issued now. To collect taxes or fees, the revenue stamp is utilised. They are used to indicate the payment of a charge on objects or papers, and they resemble postage stamps in appearance. Want to know more about the revenue stamp paper? Read the article to know in detail about the revenue ticket.

      What is a Revenue Stamp?

      The purpose of revenue stamps (India) is to collect fees or income for the maintenance of courts. The Indian Stamp Act of 1899 is a statute – between 1899 and 2004, it was revised 51 times. If you make a payment of more than Rs. 5000/- to another person, you can demand a stamped receipt with a Re 1/- revenue stamp (1 rupee revenue stamp) under section 30. The Indian Stamp Act 1899, Section 2(23), mandates the affixing of a stamp revenue on any receipt above Rs 5000 (formerly Rs 500) necessary.

      The Revenue Stamp ‘Receipts’ Includes

      Revenue Stamps
      Revenue stamp tickets are compulsory to submit with a few documents.
      1. acknowledging the receipt of any money, cheque, or promissory note, or any bill of exchange, or
      2. acknowledging the receipt of any other movable property in satisfaction of a debt, or
      3. acknowledging the satisfaction or discharge of any debt or demand, or any part of a debt or demand, or
      4. which signifies or imports any such acknowledgement; and whether it is assigned to the same person or not.

      Directorate of Registration and Stamp Revenue

      Each city has their own directorate and revenue stamp use. This system acts as the collector of revenue stamps and their charges. Each state has their website for the directorate which makes transactions and records faster and more transparent.

      Where can I get Revenue Stamps?

      If you are wondering – where to buy a revenue stamp, then your answer is easy. Revenue Stamps are available at all postal offices. Postal offices have made official comments that the revenue stamps are not available anywhere else, but you can find them in local shops where to get revenue stamps you would have to pay a slightly higher price.

      Revenue stamp price in Post Office – 100 paisa

      Revenue stamp cost in local shops – Re. 1

      Rent Receipt with Revenue Stamp

      Revenue Stamps
      You must obtain paying invoices from your landlord and submit them to your employer to claim HRA deductions.

      If you are wondering ‘is a revenue stamp required for a rent receipt,’ then the answer is yes. If you live on rent and your wage package includes a home rent allowance (HRA), according to revenue stamp rules, you will need to provide rent receipts as proof of expense.

      To claim the tax deductions available to tenants under the Indian Income Tax (IT) rules, you must produce confirmation of the amount paid to your landlord under the rental agreement to your employer. Rent receipts serve as documentary proof that you deducted a set amount from your salary to cover the cost of renting an apartment, and they are crucial for claiming HRA-related tax benefits.

      Before the conclusion of the fiscal year, your employer will request that you submit your rent receipt online with revenue or fiscal stamps. You must obtain paying invoices from your landlord and submit them on a one-rupee revenue stamp to your employer to claim HRA deductions, even if you pay your rent via credit card or other online money transfer methods.

      If the monthly rent exceeds Rs 3,000, the renter must disclose the rent receipts with his employer to claim HRA exemption. They do not need to bother about revenue stamp on rent receipt if their monthly rent is less. It’s also important to note that you don’t have to submit the rent agreement in order to claim the HRA benefit because the tax system doesn’t require it. The tenancy will not be valid, however, until the landlord and the renter have signed and executed a rent agreement.

      The price of a revenue stamp used on rent receipts is just ₹1. These are easily available at your local post office. However, small shops and some online portals also claim to sell these revenue stamps. These online revenue stamps will cost you more than the one rupee post office revenue stamps. You also run the risk of ending up with a fake or old revenue stamps for rent receipt if bought from such unreliable sources. 

      Who is Eligible for HRA?

      If you live in rental housing and HRA is included in your pay, you can claim deductions. If you live in rental housing and are a salaried individual, you can take advantage of HRA exemptions to save money on taxes under Section 10 (13A) of the IT Act. HRA tax deduction is available to self-employed professionals under Section 80GG of the statute.

      Rent Receipts and their Benefits

      Revenue Stamps
      If the rent exceeds Rs 1 lakh per annum, the landlord’s PAN number is also necessary.

      A rent receipt is a record of a tenant’s payment of rent to their landlord. When the landlord collects the rent from the renter, he gives the tenant a rent receipt. If you are eligible, it can be used for legal concerns or tax benefits. Before the end of the financial year, you must submit vital documents to your employers, such as rent receipts and a rent agreement, in order to claim House Rent Allowance (HRA). If the rent exceeds Rs 1 lakh per annum, the landlord’s PAN number is also necessary.

      What are the Components of a filled Rent Receipt with a Revenue Stamp?

      After generating a rent receipt online with a revenue stamp, check the receipt. To remain valid, rent receipts must include the following information:

      • The landlord’s name
      • The tenant’s name 
      • The property’s address
      • Term of Rental
      • Amount of rent
      • Payment method for rent (cash, cheque, online payment)
      • The tenant’s signature
      • The landlord’s signature
      • If the cash payment is greater than Rs 5,000 per receipt, a revenue stamp required for cash payment is mandatory. 
      • If your yearly rent payment exceeds Rs 1 lakh or Rs 8,300 per month, you must provide the landlord’s PAN.

      Rent Receipt Format with Revenue Stamp

      The photo below is an accurate representation of the rent receipt.

      Revenue Stamps
      If you’re tech-savvy, then you can also get the pdf of the rent receipt with the revenue stamp.

      Revenue stamps have stayed in India for a long time and have increased to grow relevant. Revenue stamps are required for rent receipts, and all its details have been explained above. If you have more questions about stamp revenue, drop a comment here, and our team at NoBroker will get back to you promptly. Or head to NoBroker Forum to have all your questions answered. For any legal queries please contact our legal team by clicking the link below.

      FAQs

      Q1. From where we get revenue stamps? What is the cost of revenue stamp?

      Ans. Latest revenue stamps are easily available at your local shops and revenue stamp post offices. They do not cost more than Re 1.

      Q2. What should I do if I don’t have a revenue stamp on my rent receipt?

      Ans. If payment in cash exceeds Rs. 5000, a stamp must be placed on the receipt. A rent receipt with a revenue stamp becomes a legal document, indicating that payment has been received by the recipient and paid by the payer.

      Q3. How do I make a claim for HRA if my company does not pay me the same amount?

      Ans. If you are not eligible for House Rent Allowance and have not claimed any expense for rent paid under any other provision of the income tax act, you can deduct the amount paid under Section 80GG.

      Q4. What if my landlord isn’t in possession of a PAN card?

      Ans. If the landlord does not have a PAN card and charges more than Rs 1 lakh in annual rent, he must produce a written declaration along with Form 60. These documents can subsequently be submitted to the tenant’s employer in order to receive HRA deductions

      Q5. My landlord will not provide me with a rent receipt. What options do I have?

      Ans. You may not be eligible to claim HRA exemption if your landlord does not give you a rent receipt. Before renting an apartment, make sure you and your landlord agree to a revenue stamp on the rent receipt.

      What is the Society Registration Act? All You Need to Know

      What is the Society Registration Act? All You Need to Know

      We generally understand the meaning of ‘society’ in the broader sense. It usually denotes the grouping of several individuals who come together for a common cause or interest, from religious, cultural, political, to charitable, scientific, and more. As social creatures, we tend to band together with minds that think alike, share a common belief or some common goals that we would like to achieve. This can be to spread more awareness about eco-friendly practices for the environment, organize regular charitable blood drives for patients who need it, or even a group of bibliophiles who love poetry and want to simply start a free library for the people in the locality. You must have come across such a foundation for public museums, libraries, or charitable trusts. But how does society registration work in India? What is the purpose of society registration? What is the Society Registration Act 1860 which governs the registration process? Let us find out in this blog. 

      As Per Law: Defining the Society Registration Act

      As Per Law: Defining the Society Registration Act
      A society can be created to offer education to underprivileged children within the locality

      As per the law, a society is defined as an association of a varied number of individuals coming together for a mutual accord to “deliberate, govern, and act” in a cooperative way, for a communal purpose. You may have come across several societies that are registered for advancing charitable activities such as music, culture, art, religion, sports, education and more. The Society Registration Act 1860 (a.k.a. the Societies Registration Act, 1860) is the applicable Indian legislation that came into force in May 1860 by the British Indian Empire and continues to be incorporated under the Act 21 of 1860, wherein under the Right to Information Act, any citizen has the legal right to ask for any information with respect to any society. A replacement of the 1860 act came into effect in 1960 for Karnataka, referred to as the Society Registration Act 1960, with the purpose of improving the legal conditions established in the prior act. Similarly, a variation of the act called the Societies Registration Act 1961 came into effect in West Bengal as well as other Indian states. According to section 20 of the act, a society can be registered for the following purposes:

      • Promoting fine arts, science, and literature
      • Diffusing of practical or useful knowledge
      • Diffusing political education
      • Contributing with charitable assistance
      • Creating military orphan funds
      • Maintaining or creating a foundation of libraries, galleries, or public museums
      • Collecting philosophical and mechanical designs, inventions, or instruments

      Registering a Society in India

      Registering a Society in India
      Registration of a society is a vital step as it allows its members with legal ways to resolve issues

      A society registration certificate can be earned by meeting a minimal criterion of 7 or more individuals in India, companies or even foreigners coming together for any of the purposes mentioned above. In the case of housing society registration, for instance, you need 10 individuals looking to initiate the cooperative society registration process. 

      While one can do society registration online as well for convenience, it is important to note that society registration rules and regulations are maintained by state governments. This means the society registration form or application must be aligned to the authority of the state in which it is located. Similar to Cooperative Society Registration where you need at least 10 people to combine for a common purpose, before society registration, the members establishing the society must come to an agreement on the society’s name. During the selection of the name for your society’s registration, it is important to remember that you cannot use an existing name that is already registered under the Society Act. Furthermore, you cannot propose a name that pays homage or patronage to neither the government of India nor the state government. 

      Thereafter, they must prepare for the rules and regulations of the Memorandum of Association of societies. The Rules & Regulations of society as well as the Memorandum of Association of the society is a document that must be signed by every founding member. This memorandum must not only have the name and objectives or mission of the society but also must have the details of founding members along with their current addresses, designations, occupations etc. The signing must be in the presence of a witness by a Notary Public, Gazetted Officer, Advocate, Chartered Accountant, Oath Commissioner, or Magistrate first-class, complete with their address and official stamp. Usually, you pay a society registration fee of INR 50 for the process to complete, again, similar to the housing society registration fees and the cooperative society registration fees in India. 

      While the process is a bit complex as it requires the cooperation of several members forming the society, there are certain advantages that come with registering a society with the government. For one, the society is considered to be a separate legal entity after the registration is complete. This gives society the rights to sell, lease, buy, rent, or sell any property in its own name. Society can also enter into a contract or borrow money from the bank in its own name. Another benefit is that no single member of the society will be personally responsible for the society’s debt or its obligation. Finally like any other Indian citizen, there are also several tax exemptions that the society can avail it its own name. 

      Documents Required for Society Registration

      Documents Required for Society Registration
      By registering a society, the society itself becomes a legal entity with rights

      There are different documents that you need to prepare before you can satisfy the society Registrar with your application and he/she deems your society register-worthy. Before registering in the first place, you must be prepared with the following:

      • A cover letter signed by all the founding/establishing member that requests society registration
      • A duplicate copy of the signed Memorandum of Association 
      • A duplicate copy of the Rules & Regulations documents duly signed by all founding members
      • Address proof of the society’s registered office as well as a NOC or No Objection Certificate issued by the office landlord
      • An Affidavit that has been avowed by the president and secretary of the society declaring the relationship among its member or subscribers
      • The minutes of the society registration meeting along with some essential documents

      As for the member of the society, the following society registration documents will need to be submitted:

      • The PAN card of all the members of the proposed society along with the application.
      • The residence proof of all the members such as Bank Statement, Utility Bill, Driving License, Aadhar Card, or Passport.
      • The Memorandum of Association that not only contains the work and objectives of the society, but also the detailed address of the members and the address of the registered society address.
      • The Rules & Regulation document containing the norms that the society will be governed by in relation to the day-to-day activities, rules for the admission of new members to the society, details of the society meetings and the frequency they will be held in, details about the Auditors, any Forms of Arbitration in case of disputes within society members and the ways for the dissolution of the society (if/when it comes to it). This document will be then signed by the Chairman, President, Vice President, and the Secretary of the society. 
      • The cover letter containing the purpose and objectives of the society as mentioned above.
      • A declaration by the President of the society mentioning that he/she is both competent and willing to hold the requisite post.

      All of the documents mentioned here then need to be presented to the Registrar of Societies along with the required fees. It is best to keep a couple of duplicate copies handy in case it is needed. Keeping an online society registration certificate copy and the necessary audit documents is helpful as stern actions can be taken by the Registrar of Society in case your society gets defaulted for some reason by the auditor. During the registration process itself, the first copy is in fact signed by the registrar at the time of receiving the application as an acknowledgement and returned, while the second copy is taken ahead for approval. After the background verifications and proper vetting of the registration documents, the registrar issues an Incorporation Certificate along with a registration number allotted to the society. Beyond the physical copy, you can also search for the society registration certificate online and even have the society registration certificate downloaded. 

      Checking Society Registration Online

      If you are wondering how to check society registration online, don’t worry, the process is simple. In fact, similar to a multi-state cooperative society registration or a cooperative housing society registration, you can easily find the registration number of the society, its RERA registration status, and even if the project is as per the approved plan. Just like the laws of cooperative society registration online is different for every state, the official websites for checking the registration number can vary from state to state. In the case of society in Chennai for instance, you can follow the process below:

      • Visit the official government website of property records in Tamil Nadu to get the allotted number for the certificate of registration of societies, i.e. https://eservices.tn.gov.in/eservicesnew/land/poramboke.html?lan=en
      • On the home page, reach the page’s footer by scrolling down and click on the ‘Society’ tab under the ‘Search’ section
      • You will be directed to a new window where you can select the zone and district in which the society is located
      • By selecting the right society name, you can view the registration number of the society

      Ease Up Your Search with the Right Legal Counsel

      If you are buying a property in a certain zone within any state, it is advisable to conduct thorough background research about the property and the society it is within. After all, it is not only your dream home that you are looking for, it is also the neighbourhood you will choose to live in for a long time. If you are managing a society, it is similarly advisable to ensure that the prerequisites of the society are met at all times and the proper legal process is offered to residents in case a dispute arises within society members. When it comes to legal issues and paperwork, you need to be extremely careful, even the slightest mistake could mean a huge loss. The best way to avoid such mistakes is to get a team of professionals to assist you. At NoBroker, our experts will guide you and ensure your paperwork is perfect. 

      Click the link below to know more about NoBroker Legal services. You can even drop us a comment below with any questions and we’ll be happy to help.

      FAQ‘s

      Q1. What is society as per Indian law?

      Ans. A society is defined as the association of individuals coming together for a mutual purpose from anything from increasing access to or advancing charitable activities including education, knowledge, art, culture, religion, music etc.

      Q2. What are the documents required for society registration in India

      Ans. The list of documents includes the list of all members, a PAN card, proof of residence of members, a Memorandum of Association, the Rules & Regulations of the society, a Proof of Address of the society, a cover letter with objectives, a self-declaration, and a NOC from the landlord/owner of the office of the registered society. 

      Q3. What is the society registration fees in India?

      Ans. Apart from the associated costs of notarized documents and legal counsel, the actual fees for society registration in India are ~INR 50.

      Q4. What is the benefit of registering a society?

      Ans. Due to being registered, the society becomes a legal entity itself with rights including the ability to buy, lease, sell a property, borrow money from the bank with its own account, as well as earn some income tax exemptions under the Income Tax Act.

      Q5. Are foreign nationals or NRAs allowed to become a member of society?

      Ans. Yes, NRAs and foreign nationals are allowed to become a part of society or even hold an important position.

      All About Telangana Land Records and Various Procedures to Get Registered

      All About Telangana Land Records and Various Procedures to Get Registered

      The state government of Telangana introduced the Dharani Portal in October 2020 to make the property registration procedure easier for the citizens of Telangana. Following the lockdown due to the COVID-19 epidemic, the state administration sought to bring the entire property registration process online in order to keep the income flowing. Telangana land records are now accessible and easy to work through.

      Dharani is the official integrated Land Records Management System of the Telangana government. Dharani Telangana land records also offer an NRI portal. For citizens’ convenience, a wide range of services are provided on the website. Slot booking and cancellation, grievance redressing connected to land disputes and technical issues, ratification of registration papers, and other services are available. For the following land-related problems, applications can be made online through the Dharani platform: mutation, NALA without passbook, pending NALA, PPB-court cases, PPB-semi-urban land, lease, partition, succession, NALA, GPA or executed GPA, duplicate PPB, and PPB by the institution.

      (Note – Land records Telangana Dharani is currently available for agricultural land).

      Benefits of Telangana Dharani Land Records

      Benefits Of Telangana Dharani Land Records
      The online portal offers a number of benefits that has resulted in a boost in agriculture in the state of Telangana.

      Dharani is the Integrated Land Management System of the Telangana Department of Revenue. This online portal combines land registry and administration services, allowing it to serve as a single source for land-based parcels and land-based operations. Users can check the status of the land on the Dharani Portal. Read further to understand how to check land records in Telangana.

      Below is a List of Benefits that Telangana Dharani Land Records Offer

      • On the Dharani website, all documentation, and data (TS land records details) are quite simple and unambiguous.
      • The Dharani site is available to both buyers and sellers. Telangana land records online is a one-stop for both parties.
      • Telangana land records online (Dharani) has all of the documents in one place.
      • The information on the land details of Telangana is updated right away on TS land records online.
      • Because they have partnered with the top cyber-security professionals, all of your information will be completely protected. Be free of concerns about sensitive land information being leaked.

      Services Available on Telangana Land Records – Dharani

      Dharani does not just offer land details in Telangana or TS Dharani land records. Below is a list of services that Telangana land record (online) offers –

      • Mutation services
      • NRI portal
      • Registration of sale
      • TS land records search
      • Application for lease
      • Application for partition
      • Registration of sale
      • Slot cancellation/rescheduling
      • Cadastral maps
      • Encumbrance details
      • Registration of GPA
      • Stamp duty calculation according to the market value of land
      • Registered document details
      • Application for NALA
      • Application for succession
      • Registration of mortgage
      • Prohibited land
      • Registration of sale
      • Slot booking for citizens.

      Procedure To Sign Up on the Telangana Online Portal -Dharani

      The process to sign up to the Telangana Land record online – Dharani

      You can avail of several services on the online portal. Below is a guide to help you sign up on the Dharani.

      1. Search for the site and click on it – https://dharani.telangana.gov.in/homePage?lang=en
      2. Now on the homepage, you will see a sign-up button, click on the button.
      Procedure To Sign Up On The Telangana Online Portal -Dharani
      1. Fill in the details asked such as name and number. This is important to get verified. After filling in your information, click on the ‘Get OTP’ button.
      1. After OTP verification, you will be asked to further fill in personal details such as your home address, email ID, etc.

      Process to Link Aadhar

      The government mandates that the Aadhar number is to be linked with any government services that the government provides. Telangana land records online portal mandates the above rule as well. Below are the steps for the above process.

      1. From the Google Play Store, get the UID seeding app.
      2. After installation, open the app.
      3. Click on the UIDSEED live option.
      4. Sign into your account.
      5. Select Seed Aadhaar from the drop-down menu.
      6. Enter your Aadhar number correctly.
      7. After entering Pattadar’s mobile number, you should receive an email stating that “Aadhar seeding successfully completed.”
      8. Fill in the required information/details.
      9. Sign out by clicking the sign-out button.

      How To Check Telangana Land Records Online?

      If you are looking for specific Telangana land detail, then follow these steps below –

      1. Go to the online Dharani portal and click on ‘Land details search’.
      How To Check Telangana Land Records
      1. After clicking that, you will be redirected to another page. You can search for the land details with the help of a survey number or passbook number.
      2. After this fill in the correct info about the district, village. etc. A drop-down menu will appear – choose survey number and khata number. Click on ‘Fetch’ and the TS land details will then appear on your screen.

      Procedure to Check the Application Status on Dharani Portal

      Telangana land records make it easy for the government and the citizens to keep track of land and their diligent dues. Below are the steps to check the status of your application.

      1. On the homepage, click the ‘Know the status of your application’ button.
      2. Fill out the form with the Application Number and Registration Document Number.
      3. Click “Submit” to find out the status of your application.

      How To Search for Land Registration Details Telangana?

      The online portal – Dharani gives access to all land records of TS. Here is a guide for you to make your work easier.

      1. Visit the Dharani online portal. You will see the option ‘Registered document details’, click on it.
      How To Search For Land Registration Details (Telangana)
      1. Now you will be asked to mention document number/year, district and tahsildar.
      1. A captcha will appear on the screen, copy it correctly. Then click on ‘Fetch’ and the result will appear.

      The government of Telangana has made the online portal of Dharani a ground-breaking step to promote agriculture and to boost the income of farmers. Telangana land records is a smooth system made to benefit the citizens of the state. Are you looking to buy a property in Telangana? Head to NoBroker to get free assistance.

      FAQ’s

      Q1. Is it possible to cancel previously scheduled slots on the Dharani portal?

      Ans. Yes, residents can request the cancellation of already booked slots. Go to the Dharani Telangana website’s main page and click on the “cancellation of slot booked” option.

      Q2. What services are available to NRIs on the Dharani platform?

      Ans. Non-resident Indians can apply for an E-Property Pass Book (EPPB) and undertake other land-related transactions on the Dharani website.

      Q3. In Telangana, what is forbidden land?

      Ans. Section 22-A of the Indian Registration Act places government lands such as barren, poramboke, Waqf, and endowments in the prohibitory register.

      Q4. Is it possible to get information regarding court cases and intimations using the Dharani platform?

      Ans. Yes, you can get information on any land-related court matters via the Dharani platform, such as court stays, injections, restraining orders, and land blocking and unblocking.

      Q5. What is the best way for me to monitor the status of my land in Dharani?

      Ans. You can use your survey number or passbook number to search for your land on Dharani.

      Complete Details about Stamp Duty and Registration Charges in Telangana

      Complete Details about Stamp Duty and Registration Charges in Telangana

      Stamp duty in Telangana is a tax imposed by the state government on the purchase of any real estate property. In India, the state government is in charge of establishing regulations and norms + overseeing the collection process. The tax levied is usually set at a percentage of the total transaction value. Stamp Duty is a significant fee that must be paid when transferring property title in legal documents. The payment of stamp duty functions as proof of record in cases of property disputes under the Indian Stamps Act, 1899.

      Stamp duty land tax is a tax that is levied by the government on the purchase of property or land. The registration charges in Telangana follow the same rules as applied by the government of India. If the state government accepts a recent proposal from the Telangana Stamps and Registration Department and a cabinet panel; home purchasers may have to pay more for Telangana registration charges. Currently, the Telangana government levies a stamp duty of 6% of the land or property value, which includes registration and transfer charges.

      What are the Documents Required for Registration for Stamp Duty in Telangana?

      What Are the Documents Required for Registration for Stamp Duty in Telangana
      For any government official process, a set number of documents is required.

      The documents to be presented at the sub-office of the Registrar to register Telangana stamp duty are listed below. But keep in mind that the registrar may ask you to get more documents as per the situation.

      • Encumbrance Certificate
      • Property documents – Original
      • Bank challan for payment of land registration fees in Telangana
      • Demand draft
      • Identity proof (with address – Aadhar Card) of the seller, buyer and 2 witnesses.
      • Section 32A photo form of executants and witnesses
      • For agricultural land – Pattadar passbook
      • Power of Attorney (if required)

      Stamp Duty and Registration Charges in Telangana

      Telangana stamps and registration charges are listed below:

       Purpose of Fee Amount to be paid 
       Registration Charge 0.5% of the property value
       Stamp duty charges in Telangana 4% of the property value
       Transfer Duty 1.5% of the property value
       Stamp and transfer duty payable on Consideration or MV (whichever has a higher value)

      Home Registration Charges in Telangana (Flats and Apartments)

       Purpose of Fee Amount to be paid
       Telangana land registration rates 0.5% of the property value
       Stamp Duty 4% of the property value
       Transfer duty on house registration charges in Telangana 1.5% on the property value

      Other Registration Charges in Telangana

       Purpose of Fee Amount to be paid 
       Registration fee in Telangana 0.5% of the property value
       Transfer duty on Telangana flat registration charges 1.5% on the property value
       Telangana stamp duty rates 4% of the property value

      Detailed Chart on the Telangana Land Registration Charges

       Document Stamp duty in Telangana Registration charges in Telangana Charged Value
       Sale Deed (Gram Panchayath)   5.50% 0.50% Market Value or whichever value is higher.
       Sale deed registration charges in Telangana (other areas) 5.50% 2.00% Market Value or whichever value is higher.
       Sale Agreement without possession 5.50%(Adjustable)0.50% (Min Rs.1000 and Max 20000)  Market Value or whichever value is higher.
       Sale Agreement with possession 5.50% 0.5% (Min Rs.1000 and Max 20000) Market Value or whichever value is higher.
       Certificate of Sale 5% 0.50% Value Equal To The Amount Of Purchase Money
       Conveyance 5% 0.50% Market Value or whichever value is higher.

      The above charts give a detailed look into the property registration charges in Telangana.  If you have any further queries, head to NoBroker Forum to find the answers to all your queries.

      Gift Deed Registration Charges in Telangana

      1. Gift for a family member

      Property in Gram Panchayat

      • Transfer Duty – 0%
      • Stamp Duty – 2%
      • Registration charges in Telangana – 0.5% subject to min. Rs.2,000 and max. Rs.25,000.

      Property outside of Gram Panchayat

      • Transfer Duty – 0.50%
      • Stamp Duty – 2%
      • Registration charges in Telangana – 0.5% + (0.5% subject to a min. Rs.2,000 and max. Rs.25,000)

      2. Gift for someone else rather than your family

      Property outside of Gram Panchayat

      • Transfer Duty – 0%
      • Stamp Duty – 5%
      • Registration charges in Telangana – 0.5% subject to min. Rs.2,000 and max. Rs.1,00,000.

      Property in Gram Panchayat

      • Transfer Duty – 1.50%
      • Stamp Duty – 5%
      • Registration charges in Telangana – 1.5% + (0.5% subject to a min. Rs.2,000 and max. Rs.1,00,000)

      How are Registration and Stamp Duty Charges Calculated in Telangana

      Let us assume that a plot in Telangana, in a specific area, costs Rs.5,000 per square feet. This means that any plot or house sold in this area cannot be sold for less than Rs.5,000, but can be sold above this price.

      Read: Grow Your Money with These Efficient Salary Management Tips

      Let us say that Mr Raj had purchased a property of 1000 square feet in the same area in Telangana at Rs.5,000 per square feet.

      The guidance value for the property will therefore be Rs.5,000 times 1000 = Rs.50,00,000.

      The stamp duty for the property (assuming it is a municipal property) will be 4% of the market value (Rs.50,00,000 lakh) = Rs.2,00,000.

      Registration Charges for the property will be 0.5% of saleable value (Rs.50,00,000 lakh) =Rs.25,000.

      Therefore, the total registration and stamp duty charges will add up to be Rs.2,00,000 + Rs.25,000 = Rs.2,25,000.

      Therefore, Mr. Raj will have to pay a total of Rs.50,00,000 + Rs.2,25,000 = Rs. 52,25,000 to obtain the property.

      Partition Deed Registration Charges in Telangana

      Partition among family members

      • Transfer Duty – 0
      • Stamp Duty – 0.50%, subject to a max. Rs. 1,00,000
      • Registration charges in Telangana – Rs. 2000

      Partition Outside of Family

      • Transfer Duty – 0%
      • Stamp Duty – 2.50%
      • Registration charges in Telangana – – 0.5% subject to min. Rs.2,000 and max. Rs.1,00,000.

      Stamp duty on power of attorney and will in Telangana

      Charges of stamps and registration in Telangana is payable on the higher the market value or the consideration amount in all of the instances listed below.

      Case 1

      Document – A general power of attorney enables a family member to sell, transfer, or develop real estate.

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      Stamp Duty – ₹1,000

      Transfer Duty – 0

      Registration Fee – 0.5% (₹1,000 – ₹20,000) 

      Case 2

      Document – A general power of attorney allows an agent or others to sell, transfer, or develop real estate.

      Stamp Duty – 1%

      Transfer Duty – 0

      Registration Fee – 0.5% (₹1,000 – ₹20,000)

      Case 3

      Document – Other than authorising an agent or others to sell, transfer, or develop the immovable property, a general power of attorney is used for any other reason.

      Stamp Duty – ₹50

      Transfer Duty – 0

      Registration Fee – ₹1,000 

      Case 4

      Document – Special Power of Attorney

      Stamp Duty – ₹20

      Transfer Duty – 0

      Registration Fee – ₹1,000 for attestation 

      Case 5

      Document – Will

      Stamp Duty – 0

      Transfer Duty – 0 

      Registration Fee – ₹1,000

      Gift deed registration charges in Telangana 2022

      Listed below are the TS registration charges for gift deeds.

      Gift (to relatives)

      Stamp Duty Charges – 1%

      Transfer Charges – 0.5%

      Registration Fees – 0.5% (₹1,000 – ₹20,000)

      Gift (to other than relatives)

      Stamp Duty Charges – 4%

      Transfer Charges – 1.5%

      Registration Fees – 0.5% (₹1,000 – ₹20,000)

      How is Stamp Duty determined?

      Stamp duty is determined using the following factors-

      • The age of the property’s owner – Older people may receive a rebate on stamp duty. Many states provide senior citizens with discounted stamp duty fees. This is why an important factor in determining the stamp duty assessed on a given property is the age of the property owner.
      • The gender of the property owner– The majority of states charge men a higher stamp duty fee than women. Men typically pay about 2% more in stamp duty than women do, with women receiving a subsidy on the fee.
      • Location of the Property– Stamp duty rates vary depending on the locality. For instance, a property located in an urban region will be subject to a higher stamp duty rate than a property placed in a rural or suburban location.
      • Age of the property– The property’s age plays a significant role in establishing the stamp duty fees because stamp duty is calculated based on the total value of the home or property. Since newer homes are typically more expensive than older homes, they will be subject to a greater stamp duty fee than older homes.
      • Amenities provided– The numerous amenities that a home or property contains also determine the amount of stamp duty that a person must pay. A property with fewer amenities would be subject to a lower stamp duty fee, whereas a property with more amenities would be subject to a higher fee. A higher stamp duty fee will apply to amenities including gyms, sports facilities, lifts, swimming pools, libraries, etc.
      • Nature of the Property– Stamp duty rates for residential properties are frequently lower than those for commercial buildings. Commercial properties are subject to a higher stamp duty fee than residential properties since they typically need a lot more amenities.

      What happens if you do not pay stamp duty?

      stamp duty

      In Telangana, stamp duty comes with tax advantages

      Read: Occupancy Certificate – The Legal Shield Against Eviction and Lawless Construction

      The purchase or transaction cannot be acknowledged or received as evidence if stamp duty is not paid. In short – it is invalid, and such transactions will be seized by the law, along with a penalty. TS stamps and registration charges must be duly paid. 

      How to get a refund on stamp duty in Telangana?

      Non-judicial stamp papers that have not been used or have become spoiled can be returned for a refund. Under the Indian Stamp Act of 1899, this is legal. Non-judicial stamp papers, on the other hand, are only accessible up to Rs 100, and a government rule allows refunds through the challan system.

      Are Tax Benefits Available on Stamp Duty and Registration Charges?

      In Telangana, stamp duty comes with tax advantages. Section 80C allows you to claim a tax break. Section 80C allows for a maximum deduction of $150,000.

      Non-Agricultural Property Registration in Telangana

      The official website registration.telangana.gov.in can be utilised to book an online slot for Telangana Non-Agricultural Property Registration with a certain date and time. Non-agriculture property registration services are also available at Meeseva Centres for Rs. 200. Although each sub-registrar office is authorised 100 slots each day, only 24 slots are now available. Here’s how to reserve a time slot for Telangana Non-Agricultural Property Registration.

      Uploading New Properties for Builders / Real Estate Properties

      A separate window has been provided for builders and real estate developers to upload new properties in bulk. 451 builders and developers have so far provided information on 93,874 properties. The location of the sub-registrar office will be communicated through SMS once a slot is booked by online payment or by depositing challans on SBI. With the implementation of Dharani by the TRS government on September 8, 2020, all land registration operations in Telangana were placed on hold.

      This Dharani portal is a one-stop shop for land transfer, registration, and updates. The project ran into issues with data collection. The Telangana High Court ordered the stamps and registration department not to gather information on land buyers and sellers such as Aadhaar numbers and castes. The Dharani portal was supposed to include a portal for registering non-agricultural lands. The merger has been postponed due to a legal battle.

      Other Registration Charges in Telangana

      Rectification Deed Charges in Telangana

      The registration charges in Telangana for the Rectification/ Ratification/Cancellation of any Deed are Rs. 1000.

      Lease deed registration charges in Telangana

      The registration charges in Telangana for a lease deed is 0.1%.

      Release deed registration charges in Telangana

      Release deed stamp duty in Telangana is a fee that is charged on the registration of release deeds, which are legal documents that relinquish the rights of a property. The registration charges in Telangana for a release deed is – 0.5% subject to min. Rs.1,000 and max. Rs.10,000.

      Agriculture land registration charges in Telangana

      Agriculture land registration charges in Telangana
      The state of Telangana has made many amendments to support the farmers of the state.

      The lowest price per acre for agricultural land has been set at Rs. 75,000. Existing agricultural land prices have been increased by 50% in the lower range, 40% in the middle range, and 30% in the upper range.

      Open plot registration charges in Telangana

      In the case of open plots, the lowest price was previously set at Rs. 100 per sq. yard, but this has now been raised to Rs. 200 per sq. yard. Basic values for open plots have been changed by 50% in the lower range, 40% in the middle range, and 30% in the upper range.

      Registration Charges Calculator for Telangana

      If you are looking to invest in real estate property in the state then you must know the apartment registration charges in Telangana, plot registration charges in Telangana and any other registration charges in Telangana. Below is a detailed step by step description of how to calculate registration charges in Telangana.

      Registration charges calculator for Telangana

      • Individual states determine the stamp duty rate, which is based on a percentage of the total value of a property.
      • Stamp duty rates vary depending on the type of property (residential or commercial) and the location (rural or urban).
      • For example, the higher rate is considered when Stamp Duty = (individual state per cent of Ready Reckoner Rate or Actual Transaction Value).
      • E stamping is an online method of paying stamp duty to the government without the need for physical stamps or paper documentation. E-stamping, non-judicial stamp paper, or the franking charges in Telangana’s process are all options for paying stamp duty (any authorised banks or agencies).
      • The document then goes through the Telangana house registration charge process when the stamp duty is paid.

      Rental agreement registration charges in Telangana refer to the fees that are levied on the registration of rental agreements between landlords and tenants. Telangana house registration charges are calculated as (individual state registration per cent of Ready Reckoner Rate or Actual Transaction Value), with the highest rate being considered.

      What are the factors affecting stamp duty and registration charges in Telangana?

      The stamp duty and registration charges in Telangana are determined based on the market value of the property, the nature of the property, and the type of transaction. The stamp duty is calculated as a percentage of the market value, and the registration charges are fixed. Stamp duty percentage is the percentage of the property value that is charged as stamp duty by the government during the purchase or transfer of property.

      The nature of the property, such as whether it is agricultural or non-agricultural, also affects the stamp duty and registration charges. Additionally, the type of transaction, whether it is a sale, gift, or lease, also plays a role in determining the charges.

      How do stamp duty and registration charges in Telangana affect property prices?

      Stamp duty and registration charges are an essential part of property transactions in Telangana. The charges are paid to the government for registering the property in the buyer’s name. The stamp duty is calculated as a percentage of the market value of the property, which means that higher stamp duty leads to higher costs for property buyers. Similarly, the registration charges are a fixed amount, which also adds to the total cost of the transaction. The charges can affect property prices, especially for buyers who have a limited budget.

      What are the key Deed Registration timelines we must we aware of?

      In Telangana, property owners must complete the registration process within four months of the property transaction. The deed registration process involves the buyer and seller visiting the sub-registrar’s office and completing the necessary formalities. After the registration process, the buyer receives the registered sale deed, which is an essential document for future property transactions. Property owners must also be aware of the timeline for paying stamp duty and registration charges, which must be paid at the time of registration. Failure to complete the registration process within the specified timeline can lead to penalties and legal issues.

      Find your dream home in Telangana with NoBroker – Brokerage free and hassle free!

      Registration charges in Telangana have gone through various amendments. The IGRS portal has made the process easier for the people of Telangana. The state has upped its game in all spheres and is becoming an ideal place to settle down in. Are you looking for properties in Telangana? Head to NoBroker to find a home – BROKERAGE Free and HASSLE Free. If you need any legal help with Stamp Duty and Registration in Telangana please click below and reach out to us.

      FAQ’s

      Q1 In Hyderabad, what are the current stamp duty rates?

      Ans. Telangana’s state government sets the stamp duty, registration fees, and transfer duty rates. Telangana’s administration recently updated the state’s stamp duty levies, raising them by 1.5%.

      Q2 What are the land registration fees in Telangana?

      Ans. Telangana’s government has set stamp duty at 4% of the property’s current market value. In addition, the new buyer will be required to pay a registration fee of 0.5% of the property’s value and a transfer duty of 1.5% of the property’s worth.

      Q3 Is there an online portal for the payment of registration charges in Telangana?

      Ans. To make transactions easier, the government of Telangana has an online portal. To make payments you can visit – https://registration.telangana.gov.in/

      Q4 What are the lease deed registration charges in Telangana?

      Ans. The registration charges in Telangana for a lease deed is 0.1%.

      Q5 What are the release deed registration charges in Telangana?

      Ans. The registration charges in Telangana for a release deed is – 0.5% subject to min. Rs.1,000 and max. Rs.10,000.

      Q6 What are the memorandum of deposit of title deed charges in Telangana?

      Memorandum of deposit of title deed charges in Telangana refer to the fees that are charged for registering a memorandum of deposit of title deed, which is a document that provides security to the lender against the loan provided.

      Q7 What is stamp duty exemption and what are the circumstances under which it can be granted by the government?

      Stamp duty exemption refers to the exemption or waiver of stamp duty that can be granted by the government under certain circumstances.

      Q8 What is Telangana stamp duty schedule and what are the different types of documents it applies to?

      Telangana stamp duty schedule is a list of charges that are applicable for the registration of various types of documents, including property-related documents.

      Q9 What is stamp duty on resale flat and who is responsible for paying it?

      Stamp duty on resale flat is a fee that is charged by the government when a property or flat is resold by the owner.

      Q10 What is relinquishment deed stamp duty and what does a relinquishment deed entail?

      Relinquishment deed stamp duty is a fee that is charged on the registration of relinquishment deeds, which are legal documents that transfer the rights of a property from one party to another.

      Q11 What are will deed registration charges in Telangana and what is the purpose of registering a will with the government?

      Will deed registration charges in Telangana refer to the fees that are charged for registering a will, which is a legal document that outlines the wishes of a person regarding the distribution of their assets after their death.

      Encumbrance Certificate Karnataka – Online and Offline Application Process

      Encumbrance Certificate Karnataka – Online and Offline Application Process

      Encumbrance Certificate Karnataka serves as a crucial document for confirming ownership and legal status of properties in the state. This certificate ensures a property is free from legal encumbrances like debts or mortgages, providing clear evidence of ownership. 

      Easily accessible, the process of obtaining an Encumbrance Certificate in Karnataka is straightforward, especially with the introduction of the KAVERI online services by the state government in November 2018. Through this online platform, users can effortlessly submit their property details and apply encumbrance certificate online Karnataka. 

      The system evaluates the property’s market value and guides applicants through the payment of necessary fees and scheduling appointments with the Sub-Registrar to finalise the documentation process.

      Importance of Encumbrance Certificate Karnataka

      Importance of Encumbrance Certificate (Karnataka)
      Property mutation (Khata Registration / Khata Transfer / Patta) requires the use of an EC.

      Now that you have a good introduction to what is an EC Karnataka, below is a list of why it is important to obtain the encumbrance certificate.

      • An encumbrance certificate is a necessary document while purchasing land or property in India since it serves as proof of ownership. As a result, an EC is required when transferring property.
      • Apart from property purchases, the encumbrance certificate of Karnataka must be submitted while asking for a loan against the property with any banks or financial institutions, since it certifies that the property is free of legal liabilities.
      • Property mutation (Khata Registration / Khata Transfer / Patta) requires the use of an EC.
      • If the property or land tax has not been paid for more than three years, this certificate requires that the land tax records be updated.
      • The encumbrance certificate is a required document when purchasing a home or building a new construction project.

      Application Process for Obtaining an EC Certificate Karnataka

      There are two ways in which an encumbrance certificate can be obtained. You can get EC Karnataka offline or you can download the encumbrance certificate online. Both online and offline processes have been made clear and easy by the Karnataka registration department.

      How to Get EC Karnataka Offline?

      This section deals with how to download the encumbrance certificate Karnataka application form in pdf. Below are the quick easy steps which guide you through the process of the encumbrance certificate application form:

      Step 1 – Address the application in form 22 to the sub-registrar’s office, under the jurisdiction where the property registration takes place.

      Step 2 – Fill out the form with the information below and attach the required papers.

      • The names of two persons named in the registered deed (for example, the seller and buyer in a sale deed, or the gifter and giftee in a gift deed) should be put as executant and claimant, respectively.
      • The property’s specifics, including the accurate village name and a description, should be provided.
      • The property description is identical to the property’s complete schedule*, which may be found in the deed copies.
      • The time period for which the EC must be extracted must be specified in the application.

      Step 3 – Pay the appropriate encumbrance certificate fee Karnataka for the requested period of encumbrance. Even if the EC is only for a month, the applicant is required to pay a one-year price.

      Step 4 – When the encumbrance certificate Karnataka is issued, the applicant will be given an application number. (Note down the number for future references).

      Note: The encumbrance year begins on April 1st of a calendar year and ends on March 31st of the next calendar year. The EC will be addressed in Kannada, the regional language. 

      How To Get Encumbrance Certificate Online in Karnataka?

      If you have access to the internet, then viewing EC (Karnataka) online is an easy task. Bhoomi EC online (Karnataka) has made it easy for the Kannadigas to have a safe passage of property transfer. Read the steps below to learn how to download an encumbrance certificate online in Karnataka.

      Register

      Step 1 – To apply for EC online (Karnataka), go to KAVERI’s official website and click on “Register as New User.”

      Step 2 – The user registration screen displays; fill in the relevant information. Click Register after filling out the captcha.

      Login

      Step 3 – After entering your login id and password, click Login to be redirected to the online portal.

      Step 4 – Fill up the relevant information and look for the Register of Documents Index. Take a look at the index information on the screen.

      Digital EC Karnataka

      Step 5 – Online, get a digitally signed copy of the encumbrance certificate (make sure you view the encumbrance certificate online (Karnataka) for any mistakes in the document) and pay the appropriate fee using internet banking or credit/debit card. After you’ve made your payment, click Submit.

      Step 6 – Send the request to the appropriate department now. The operator uploads the concerned authority’s digital signature and uploads it to the site.

      Step 7 – Log in to the portal after getting notification of successful processing and receive the digitally signed copy of the Encumbrance Certificate Karnataka.

      Print Certificate

      Step 8 – Download the printed copy and use it as per requirement.

      Note: The Encumbrance Certificate Karnataka takes 2-3 days to process.

      Documents Required for Obtaining an Encumbrance Certificate Karnataka

      Documents Required For Obtaining An Encumbrance Certificate (Karnataka)
      A set number of documents are required to obtain an encumbrance certificate.
      • Application form
      • Address proof (attested copy)
      • A photocopy of any previously executed property deeds, such as sale deeds, gift deeds, partition deeds, release deeds, and so on.
      • Information on the property and its title.
      • It should bear the applicant’s signature, as well as the registered deed number, date, book number, volume/CD number, and book number.
      • The EC is necessary for the following time.
      • The reason for which the EC is being used.
      • In the event of an application, the attorney holder makes a copy of the Power of Attorney.
      • If you have an Aadhar card, you can use it to get a property card.

      What is the Encumbrance Certificate Karnataka Form 15/Form 16?

      The Encumbrance Certificate is issued by the Sub register Office in the form of Form No. 15 or Form No. 16, and below are the specifics of Form 25 and Form 16 that you received in response to your EC request.

      Encumbrance certificate Karnataka Form 15: The EC on Form 15 contains information about leases, mortgages, sales, partitions, gifts, and other matters, and if a property is registered with these facts in the registration office, a Form No 15 will be issued, which is frequently requested by buyers or loan providers.

      Encumbrance certificate Karnataka Form 16: This is a Nil document that has been issued by the sub-registrar office as if an Encumbrance Certificate on Form No 16 has been issued, and it indicates that the property has not been involved in any dispute or transaction since the EC was requested, where the EC on Form No 16 is also known as a Nil Encumbrance Certificate.

      Fee For Obtaining Encumbrance Certificate Karnataka

      Application FeeRs. 5
      First YearRs. 30
      Subsequent YearsRs. 10

      With the prevalence and increase in fraud, it is important to be careful with real estate documentation. An encumbrance certificate ensures the validity of a property and its rights. Encumbrance certificate Karnataka is easy to access and fairly simple to understand. Are you looking for legal advice? Our legal assistance team at NoBroker can resolve all your queries. Comment your issue down below, and we will get back to you shortly.

      FAQ’s

      Q1 What is an Encumbrance certificate?

      Ans. The EC, or Encumbrance Certificate, is one of the most important documents for validating a property’s title. According to the Encumbrance Certificate record – the property is free of any legal or monetary obligations, such as unpaid debts or mortgages.

      Q2 Where can I obtain an Encumbrance Certificate in Karnataka?

      Ans. The registration procedure of the EC certificate (Karnataka) has been made easier by the Karnataka government by launching the KAVERI online services in November 2018. 

      Q3 Is it mandatory to have an EC for property sales in Bangalore?

      Ans. Yes, having an EC for property in Bangalore is mandatory for property sale, as it proves the property’s legal standing and freedom from encumbrances.

      Q4 What is the application fee for an Encumbrance Certificate?

      Ans. The application fee is a small amount of Rs. 5.

      Q5 How can I check the status of my Bhoomi Karnataka Encumbrance Certificate online?

      Ans. To check the status of your Bhoomi Karnataka Encumbrance Certificate, log in to the Bhoomi Online portal and navigate to the EC section where you can track your application’s progress.

      Everything You Need to Know About Maharashtra Land Records

      Everything You Need to Know About Maharashtra Land Records

      Usually, we hear about the legal formalities attached with the record collection of the sale and purchase of houses or apartments in urban areas. But does the process remain the same in case of transfer of ownership of a plot?  Land records are essential for rural locations to identify the growing relationship between various cultural communities, maintain regional harmony and reduce any cases of local dispute or litigation. These records also help the Government keep track of crop details, surveys, loan agreements and the implementation of various government schemes. Moreover, farmers can prove the ownership, occupancy, irrigation, or tax payments associated with a specific plot using land records. To know more about Maharashtra land records, keep on reading. 

      How Are Maharashtra Government Land Records Collected?

      The Government of Maharashtra collects various land records employing numerous villages forms as directed by Maharashtra Land Revenue Record of Rights and Registers (Preparation and Maintenance) Rules, 1971. Land records help determine land ownership. They contain a lot of information regarding the plot size, boundaries as well as details of land owners. This information is a very important piece of legal evidence while settling property disputes.

      The state’s revenue department is responsible for employing a Talathi who serves the purpose of a land record officer and keeps a check on the maintenance of such forms. The Talathi is also responsible for keeping a record of rights by collecting irrigation dues, tax revenues, updating mutation entries etc. 

      What Are the Functions of the Maharashtra Land Records Department?

      Land records usually include a copy of maps, town planning schemes, schemes of consolidation of things, improvement schemes etc. On a state level, the land records department of Maharashtra is led by the Director of Land Records and Settlement Commissioner, Pune, Maharashtra State. However, the responsibilities are assigned to the District Inspector and Taluka Inspector of land records at the district and rural levels. Some of their standard functions are:

      • To keep a note of changes occurring in the field, operations are conducted to maintain well-detailed, up-to-date information regarding the survey, classification and settlement records. 
      • To collect the statistical information needed for conducting all land matters soundly and provide them to relevant departments.
      • To have revenue and other land records at hand to reduce the litigation expense and ease the procedure in revenue and civil courts of the area.
      • To prepare and keep a check on the Record of Rights by regular inspection of land and maintenance of the markings of individual field boundaries. 
      • To organise regular revision settlement operations.
      • To plan and implement the surveys of village sites on a large scale and ensure their regular maintenance. 
      • To note all the changes occurring in the area while updating all the village maps.
      • To arrange the regular updating, printing, and distributing of all tehsil maps to administrative bodies for official duties and sale to an ordinary citizens. 
      • To instruct revenue officers in any matters of survey or settlement. 

      Consequences of Poorly Maintained Land Records

      Land records that are incomplete or poorly maintained have a bad influence on subsequent property transactions. When data is dispersed among departments and districts and has not been updated, accessing land records becomes complicated and inconvenient. To locate any ownership claims on a piece of land, one must travel back several years of paperwork, especially manual records. Such a procedure is highly stressful.

      According to a 2007 World Bank research, land-related conflicts account for almost two-thirds of all ongoing court cases in the nation. Land disputes can arise over the legitimacy of land titles and records, as well as lawful possession. According to a NITI Aayog report, land disputes take approximately 20 years to resolve. Land issues add to the court’s workload, lock up land in litigation, and have a negative impact on industries and projects that rely on contested land titles.

      In India, the land is also frequently used as collateral by farmers to acquire loans. Land titles that are contested or ambiguous have been found to restrict the flow of finance and credit for agriculture. Small and marginal farmers, who own more than half of all land but may not have legal land titles, are unable to obtain formalized credit. 

      Also, land that was once utilised for agriculture is now used to create industries, power plants, manufacturing units, highways, homes, and retail malls.

      Many of the infrastructure development projects, however, are experiencing delays, with land difficulties frequently being a major impediment. The lack of encumbrance-free land (proof that the land in question is free of any financial or legal liability), non-updating of land records, resilience to joint evaluation surveys of land records, demands for higher compensation by land owners, and the filing of a large number of arbitrations by land owners are all contributing to the delays.

      Important Land Records in Maharashtra

      Village Form VI (Register of Mutation) 

      Mutation means any change in ownership or transfer of any land. Village Form VI includes all the historical accounts about the land, including past owners, type of mutation, gift, inheritance, mortgage, court decree etc. This village form is also commonly termed as Perphar Patra.

      7/12 Utara or Satbara Utara or 7/12 Extract (Record of Rights)

      As stated by the nomenclature, Satbara Utara is the extract that contains both village Form VII and Form XII. It can be easily obtained from any land register maintained in that particular district. The Revenue Department of the state is responsible for keeping this document as a record-of-right. It consists of information like survey number details, legal procedures, date of ownership, occupancy details, geographical location, mutation number, cultivation number, holder’s rights and liabilities, taxes, the area covered under crops, irrigation details etc. 

      Here, form VII, also known as Adhikar Abhilekh Patrak or Record of Rights, includes all the ownership details, tenancy information, account number of the landholder, uncultivable land, rights and liabilities, survey number, taluka name etc. 

      Form XII includes the agricultural information of the land such as crop season, name and numbers of fruit and fuel trees, cultivator’s details, types and names of crops grown, irrigation type, area covered under crops etc. This form is also termed Pikanchi Nondvahi or Register of Crops.

      Village Form VIII-A

      In this form, the Talathi adds all the information regarding the khatedar’s land area and their taxes. 

      Village Forms VI-C

      This form is valid in cases of heir-ship. It mentions pertinent details like the deceased owner’s name or the other right holder, date of death, old khata number as mentioned in Village form VIII-A, names of legal heir/heirs, name of the occupant of the land etc. 

      Village Form VII-B

      This form includes details of the people who have land but are not actual occupants. Talathi must inform the Tahsildar if found that the person cultivating the ground is not legally allowed to. 

      Maharashtra Land Records Online

      Maharashtra land records are well-maintained and preserved on the MAHA Bhulekh or Maharashtra Bhumi Abhilekh. It is an online portal that helps citizens access 7/12 extract and 8A extract online. These documents are mainly needed to prove ownership and solve disputes related to any piece of land. After paying a small fee, landowners in Maharashtra can get a copy of land records online. This online portal is a one-stop platform for checking, extracting and downloading land documents from anywhere in the state. Digitally signed, these documents are liable to be used in all legal processes. 

      Post-August 1, 2021, MAHA Bhulekh has introduced a new format for ease in access to the Satbara Utara or 7/12 extract. This new update allows for more transparency and saves time. Earlier, people had to visit the government offices to change any information related to the revenue documents. But now all such changes could be made online. Moreover, farmers will now click and post pictures of their crop via mobile phones so that the Talathi does not have to visit the field. The Maharashtra land records website also allows you to check any changes made after 2008. 

      How to Get Land Records in Mumbai

      To access land records in Mumbai, you will have to visit the Mumbai Suburban District site. Here, you can find the Land Administration section. 

      To access the property card, visit https://prcmumbai.nic.in/jsp/propertyNew.jsp. Here, you will have to enter the relevant information like Division and Cadastral Survey No. Then click on “Click Here for Application Status of PRC.” 

      For getting certified copies of Property Registration Card, City Survey Map, Abstract enquiry register, Orders etc., apply for the City Survey Officer attached with a stamp of Rs. 5. Such copies of orders and and survey maps online Maharashtra are available online as well for future accessibility.

      Sample for application:

      To,

      The City Survey Officer …………….

      Name of applicant: -……………………………………..

      Full Address: -…………………………………………….

      ………………………………………………………………..

      Sub: – Issue of certified copy of ………………………………………….

      Sir,

      I the undersigned request you & humbly submit that issue me certified copies of

      Village ……………… Taluka……………..District…………………. Details of required document is as below

      Sr. No.ParticularCTS No.No. of copiesRemarks
      1234Property CardMapOrder No. & dtd…….Other   

      The above said copies requires for my Personal/ Private/ Govt/ Court/ BMC purpose. I am ready to pay the necessary government copying charges. Please issue me the copy at the earliest.

      Yours Faithfully,

      (Signature of Applicant)

      How To Get Land Records Pune?

      To get digitally signed 7/12 Utara, visit https://mahabhumi.gov.in/mahabhumilink. Here, you can avail free services like:

      • e-Hakk (Online Mutation application)
      • Aaplichawdi (Village digital notice board)
      • Bhulekh (View online 7/12 Utara)
      • PR Card Application Status

      For a nominal fee, you can upgrade to premium services and avail of the following benefits:

      • Digitally signed 7/12 Utara
      • Digitally Signed Village form VIII-A
      • Digitally signed Property Card
      • e-Records (Archived Documents)
      • Mahabhunakasha (Maps with Land Records)

      To view the property card, visit http://164.100.236.131/pcsql/. Here, enter all the relevant details like district, taluka, village etc. 

      How To Get Land Records in Nagpur?

      Visit the Nagur government website. Scroll down and look for quick links.

      For Satbara 7/12 and 8 A online view – Visit https://bhulekh.mahabhumi.gov.in/. Here, click on the map area you want to access and fill in the relevant information. 

      For digitally signed 7/12, Property Card, 8 A, you will have to pay a nominal fee at https://digitalsatbara.mahabhumi.gov.in/dslr.

      How To Get Land Records in Aurangabad, Maharashtra?

      For a physical copy, you can reach out at the Collector Office, Aurangabad, 431001. You can also email at rdc[dot]aurangabad[at]maharashtra[dot]gov[dot]in. You should be able to get all the new as well as old land records Maharashtra has and had.

      For online Satbara 7/12, visit https://bhulekh.mahabhumi.gov.in/. Click on Aurangabad in the map and proceed further. 

      Land records listings and records

      Land records include any and all records that are kept under a variety of “Village Forms.” Town Planning Records is basically any map or plan of a survey number as well as a subdivision of a survey number that was developed in accordance with the MLR Code of 1966 maps of various improvement schemes, town planning schemes, and so forth.

      How To Find Old Land Records in Maharashtra?

      If you want to access old land records in Maharashtra, you will have to access the Mahabhulekh web portal. 

      For obtaining 7/12 Utara:

      • Visit https://www.bhulekh.mahabhumi.gov.in/.
      • Select the geographical location from the drop down menu. Click on ‘Go.’
      • Choose the 7/12 option. Enter relevant details like Zila, Taluka and Village from the drop down menu.
      • Enter information like survey number, letter survey number etc.
      • Click on submit. 

      For obtaining 8 A document:

      • Select the correct geographical location on the web portal.
      • Select 8 A and enter all the information.
      • Click on submit.

      If unable to find the documents online, visit the Tehsil office of your district for further procedures. 

      Land records are pertinent documents for both landowners and government bodies. A proper record of these records can help the Government keep track of policies implemented in the rural area and maintain the right balance in the communities. Farmers need land records to prove ownership, solve land disputes, and keep track of all the agricultural information like irrigation type, cultivated or uncultivated area, type of crop, season, etc. Land records in Maharashtra can be accessed online on the MAHA Bhulekh or Maharashtra Bhumi Abhilekh web portal. 7/12 Utara or Satbara 7/12 is one of the most critical land record Maharashtra documents that carries all the information about the land, owner and agricultural practices. However, keeping a track of old records and current policies is not easy. If you want assistance with any real estate related problems, contact the legal experts at NoBroker. Get quality resolution of all your queries and problems and the best-in-class assistance for legal processes at the best quote. Comment on the blog below and we will reach out to you.

      FAQ’s

      Q1: What is the Satbara 7/12 document?

      Ans. Satbara 7/12 document is a form of a land record extract that is formed from both village forms VII and XII. It contains all pertinent information regarding the ownership, survey number detail, physical location, occupancy, liabilities etc. Form VII focuses on owner details, while form XII focuses on agricultural information. This document is needed to know the history of any particular land, facts about its past owner, court cases, usage records etc. 

      Q2: What information does village form VIII-A contain?

      Ans. Village form VIII-A contains information about the holding of khatedar, i.e. landholder. It includes details like survey number of the land, district and taluka name, village name, assessment tax to be paid by the owner etc. This form is essential from the perspective of land revenue. It is also called the Holding Sheet of Khatedar.

      Q3 – Where to access the 7/12 document online?

      Ans. You can access the 7/12 document online by visiting the Bhulekh portal.

      Q4: What does village form VI include?

      Ans. Also known as the register of mutation, this form includes all information about historical changes in land ownership. 

      Q5: Who is the head of the land record department in Maharashtra?

      Ans. The land record department in Maharashtra is headed by the Director of Land Records and Settlement Commissioner, Pune, Maharashtra State.

      A Detailed Guide on Stamp Duty and Property Registration Charges in Haryana

      A Detailed Guide on Stamp Duty and Property Registration Charges in Haryana

      Understanding Stamp Duty and Property Registration Charges in Haryana is crucial. These costs are mandatory fees levied by the government to register the transfer of ownership. This guide will explain the different stamp duty rates applicable in Haryana, depending on factors like property location, the gender of the buyer, and the type of property transaction. We’ll also cover property registration charges and how to benefit from tax deductions as per 2024.

      (Note – The stamp duty rates are annually announced on the 31st of January of each year. So, the rates given below are those which were established by the government of India on the 31st January 2021).

      Importance of Stamp Duty in Haryana

      Importance of Stamp Duty in Haryana

      Stamp duty in Haryana plays a crucial role in ensuring a smooth and secure property transaction. Here’s why it holds significant importance:

      • Legal Recognition: Paying stamp duty validates the property sale, acting as a government-approved stamp of legitimacy. This strengthens your claim of ownership and provides legal recourse in case of disputes.
      • Record of Ownership: The registration process, which necessitates stamp duty payment, creates an official record of the property transfer. This documented record serves as vital evidence of ownership in the future.
      • Curbing Fraud: Stamp duty discourages property fraud by making undocumented transactions impractical. The official record ensures transparency and discourages attempts to bypass legal channels.

      Government Revenue: The revenue collected from stamp duty contributes to the state’s development initiatives. These funds are used for infrastructure projects, public services, and social welfare programs.

      Stamp Duty in Haryana for Property Registration

      Registration charges in Haryana vary according to the requirement or usage of the immovable property. Plot registry charges in Haryana have been clearly laid out by the state government to avoid any confusion and ensure a smooth function of the system. Below are a few properties registration charges in Haryana to help you get an idea of how stamp duty in Haryana works.

      Conveyance deed charges in Haryana 

      • Rural Areas – 5%
      • Urban Areas – 7%

      Exchange Deed charge

      • Rural Areas – 6% of the greatest value of one share
      • Urban Areas – 8% of the greatest value of one share

      Gift Deed stamp duty in Haryana

      • Rural Areas – 3%
      • Urban Areas – 5%

      General Power of Attorney

      • Rural Areas – Rs 300
      • Urban Areas – Rs 300

      Special Power of Attorney

      • Rural Areas – Rs 100
      • Urban Areas – Rs 100

      Partnership deed stamp duty in Haryana

      • Rural Areas – Rs 22.50
      • Urban Areas – Rs 22.50

      Stamp duty on loan agreement in Haryana

      • Rural Areas – Rs 100
      • Urban Areas – Rs 100

      Trust Deed

      • Rural Areas – Rs 45
      • Urban Areas – Rs 45

      Adoption Deed stamp duty in Haryana

      • Rural Areas – Rs 37.50
      • Urban Areas – Rs 37.50

      Above are a few of the most commonly used stamp duty rates in Haryana. Stamp duty for property registration is easily payable and makes further discrepancies impossible.

      Stamp Duty in Haryana for Females

      Stamp Duty in Haryana for Females
      The state government of Haryana provides special provisions for women for the stamp duty rates.

      The state government of Haryana provides special provisions for women to help them gain independence and encourage them to make personal financial securities. The rate of Stamp duty in Haryana for women is –

      • Rural Areas – 3%
      • Urban Areas – 5%

      Rent Agreement Stamp Duty in Haryana

      Rent Agreement Stamp Duty in Haryana
      A legally binding rent agreement protects the rights of both the renter and the landlord.

      A Leave and License Agreement (or Rent Agreement) is a legal document that contains information on the property, the rent and deposit due, and other terms and conditions related to the property rental transaction. A legally binding rent agreement protects the rights of both the renter and the landlord. In the event of any future legal proceedings, only a registered rent agreement will be considered admissible in court. The terms and conditions of the rental agreement have to be followed by both the tenant and the landlord. Stamp duty in Haryana on the rental agreement is mentioned below – 

      Rental PeriodStamp duty charges in HaryanaRegistration Fee
      Up to 5 years Rs 15 for Consideration Value up to Rs 1,000Rs 7.50 for every additional Rs 500 of Consideration Value Rs 200
      Greater than 5 yearsRs 30 for Consideration Value up to Rs 1,000Rs 15 for every additional Rs 500 of Consideration Value

      Registration Charges in Haryana

      Registration fees were previously set at INR 15,000, but the state government increased them to INR 50,000 in 2018. Gift deeds, sale deeds, lease deeds, exchange deeds, division deeds, collaboration agreements, mortgage deeds, settlement deeds, and sale certificates are all subject to the increased fees.

      Documents Required for Property Registration in Haryana

      Documents Required for Property Registration in Haryana
      The process of a property is incomplete without proper documentation.
      • Proof of Ownership (Original old sale or MC).
      • Proof of Identification of both buyer, seller, and witnesses (Aadhar Card, PAN card, etc).
      • No-objection certificate (NOC) from the society.
      • Building plan, map, etc.
      • Digital photograph of the property.

      Land Registration Fees in Haryana

      Haryana flat registration costs vary according to the usage of the property and also the area. According to the Registration Act, buyers must register their purchase within four months after the date of purchase. Unlike most states, Haryana charges a flat price depending on the property’s worth, rather than requiring the buyer to pay 1% of the property’s value as a registration fee. Below is the breakdown of Haryana property registration charges –

      Property valueRegistration charge
      Up to Rs 50,000Rs 100
      Rs 50,001 to Rs 5 lakhsRs 1,000
      Rs 5 lakhs up to Rs 10 lakhsRs 5,000
      Rs 10 lakhs up to Rs 20 lakhsRs 10,000
      Rs 20 lakhs up to Rs 25 lakhsRs 12,500
      Over Rs 25 lakhsRs 15,000

      Stamp Duty Calculator Haryana

      The stamp duty is calculated based on the transaction amount mentioned in the sale agreement and must be paid by the buyer. The property cost, on the other hand, must be determined using current *circle rates and the stamp duty must be computed appropriately. If the house is valued higher than the circular rate, the buyer will be responsible for paying stamp duty on the difference. If the value of the property is less than the circle rate, the stamp duty will be determined according to the circle rate.

      (*The Haryana government approved a raise in circle rates in April 2021-22, which would result in property costs jumping by up to 80% in some areas of Gurgaon).

      Alternatively, buyers can calculate stamp duty by visiting the Haryana Jamabandi website. Stamp duty in Haryana can easily be calculated with this website with a few easy steps. First key the transaction value, then select the municipality (of the property) and then your gender. After this click on the ‘calculate’ icon on the screen – the stamp duty and registration charges appear on the screen.

      Buyers can calculate These charges by visiting the Haryana Jamabandi website.

      Stamp Duty in Haryana has been made fairly clear by the government for the smooth functioning of the state’s system. The state government also provides special provisions for women to boost their independent existence in the state. The article above informs of the varying stamp duty rates of Haryana, but if you have more queries – then head to NoBroker Forum. For any legal issues, NoBroker is here to help just click on the below link for legal support.

      FAQ’s

      Q1 What is the time limit within which the sale deed must be registered?

      Ans. Within 4 months of the transaction, the sale deed must be registered. Otherwise, a fee is levied.

      Q2 What is the official site of Haryana where stamp duty is calculated?

      Ans. Buyers can calculate stamp duty by visiting the Haryana Jamabandi website. The link for the same is – https://jamabandi.nic.in/

      Q3 What is the land registration fee in Haryana?

      Ans. Haryana charges a flat price depending on the property’s worth, rather than requiring the buyer to pay 1% of the property’s value as a registration fee.

      Q4 What are the property registration charges in Haryana?

      Ans. Registration fees were previously set at INR 15,000, but the state government increased them to INR 50,000 in 2024.

      Q5. How is stamp duty calculated for joint buyers in Haryana?

      Ans. The stamp duty is calculated based on the total property value and then divided amongst the buyers based on their share in the ownership.

      Stamp Duty and Property Registration Charges in Delhi

      Stamp Duty and Property Registration Charges in Delhi

      Are you a potential property buyer in Delhi? Understanding Stamp Duty is crucial for a seamless real estate transaction. In this blog, we demystify the complexities, offering clarity on rates, calculations, and regulations. Learn about the significant role of the NDMC in determining stamp duty charges, especially the lower rates for female owners, enhancing your knowledge for informed decisions in Delhi’s dynamic real estate.

      How To Calculate Stamp Duty and Registration Charges

      Getting an online stamp paper in Delhi is now incredibly easy, thanks to the internet. Payments for e-stamp Delhi or any stamp duty on commercial property can be completed transparently, quickly, and securely. You can easily access a reliable price guide for market values and rates on reputable websites. For instance, women in Delhi, dealing with a property cost of INR 10 lakhs, will incur a 1% registration charge and a 4% stamp duty, amounting to INR 10000 and INR 40000, respectively.

      Guide to Navigating Stamp Duty and Real Estate Dynamics in Delhi

      The Delhi Rent Control Act is quite strict and more favourable towards the tenants and hence, more and more tenants go towards renting a flat in Delhi NCR rather than buying it. The state government’s decision to slash stamp duty charges in Delhi for women buyers was a welcome move and it has enhanced the real estate market in the city to an extent. Keep in mind that each year the new stamp rates come out on the 31st of January (so for next year, it is 31st January 2024).

      Being aware of the stamp duty charges in Delhi and knowing the registration charges before you apply for a home loan is considered a good move. Let’s take a look at how stamp duty charges are calculated and what are the related rule and guidelines for calculating these charges.

      Stamp Duty Rate in Delhi

      Stamp Duty Rate in Delhi
      Stamp Duty Rate in Delhi

      A stamp duty charge is levied on any property if the property is acquired through a gift, conveyance or sale deed. The stamp duty rate in Delhi is fixed according to the ready reckoner rate that takes into consideration the previous rate of stamp duty and the current value of the property. Based on the type of property, age of the owner, gender of the owner, the current stamp duty rate in Delhi is as follows:

      Gender of the ownerStamp Duty Rate in Delhi
      Male6%
      Female4%
      Joint5%

      It is important to pay stamp duty charges because after you pay the charges, the government will transfer the ownership of the property into consideration under your name in all property records and documents as well as any property transfer charges. This acts as a proof of record in times of property disputes and hence, is considered an important document. 

      Registry charges in Delhi for property falling under an NDMC area are fixed at 5.5% in the case of male owners and 3.5% for female owners. The stamp duty on property in Delhi Cantonment Board areas is fixed at 3%.

      Delhi House Registration Charges in Delhi 2023-24

      House Registry Charges in Delhi
      House Registry Cost in Delhi

      As per the property registration charges in Delhi 2023, 1% of the current market value of the property is taxed as house registration fees, along with any related GST registration fees in Delhi. This fee as well as stamp duty charges are collected by the government as the registry charges when a property is brought. As per the Delhi government’s online revenue collection website, the home registry charges in Delhi are as follows:

      Read: Everything You Must Know About PCMC Property Tax

      Registration Charges of Property in Delhi

      • Delhi registry rate: Registration fee is 1% of the consideration amount set forth or value as per circle rate, whichever is higher plus Rs. 100/- for the pasting fee.
      • Relinquishment deed: Rs. 1000/- per instrument plus Rs. 100/- for pasting fee
      • Lease deed of immovable property: Rs. 1000/- per instrument plus Rs. 100/- for the pasting fee.
      • Power of Attorney /Special Power of Attorney: Rs. 1000/- per instrument plus Rs. 100/- for the pasting fee.
      • Will and Authority to Adopt Rs. 500/- plus Rs. 100/- for pasting fee

      Home Registry Charges in Delhi for Female Buyers

      • Empowering Women in Real Estate: The Delhi Government has significantly reduced home registry charges for female buyers, a progressive initiative in the real estate sector.
      • Increased Women’s Homeownership: This reduction has led to a notable increase in the number of women investing in property, as it offers a financial advantage.
      • Substantial Savings with Stamp Duty Cut: A reduction of even 2% in stamp duty and registration fees translates into substantial savings, given the high real estate values in Delhi.
      • Legal Requirement for Property Registration: As per the Registration Act of 1908, paying stamp duty is essential for legally registering a property under one’s name.
      • Safeguard Against Property Fraud: This mandatory charge acts as a protective measure against property fraud and illegitimate ownership claims.

      Flat Registry Charges in Delhi

      Flat Registry Charges in Delhi
      Flat Registry Charges in Delhi

      The stamp duty for property registration in Delhi is the responsibility of the state government. The government calculates the flat registry charges in Delhi based on the ready reckoner rates of the property. 

      Area of the property The rate for Private Builder flatsThe rate for DDA society flats
      Multi storeyed apartmentsRs.1.10 lakhRs.87,840
      Above 100 sq. metreRs.95,250Rs.76,200
      50 sq. metre to 100 sq. metreRs.79,488Rs.66,240
      30 sq. metre to 50 sq. metreRs.62,652Rs.54,480
      Up to 30 sq. metreRs.55,440Rs.50,400

      Property Registry Charges in Delhi: Factors

      Property Registry Charges in Delhi: Factors
      Delhi Registry Charges

      The factors that affect the property registration charges in Delhi are:

      1. Location of the property
      2. Age of the owner
      3. Gender of the owner 
      4. Type of Property (whether residential or commercial)

      Plot Registry Charges in Delhi

      Plot Registry Charges in Delhi
      Plot Registry Charges In Delhi

      In the case of a plot, the stamp duty and registration charges follow the same rules and guidelines as other properties. The factors affecting the rates are also the same. The plot registry charges in Delhi are fixed at 6% for a male owner, 4% for a female owner and 5% in case of joint ownership. For plots fallings under the jurisdiction of the NDMC, the rate is fixed at 5.5% for a male owner, 3.5% for female owners. For plots falling in the Delhi 3%.

      Delhi Registry Rate

      Delhi Registry Rate
      Delhi Registry Rate

      Now that we have a better understanding of the different circumstances and conditions under which stamp duty charges in Delhi are calculated, we can calculate the stamp duty charges and have a rough idea of the total amount. These rates are revised periodically so it’s a good idea to stay updated with the latest guidelines. 

      Delhi Property Registration Charges Calculator

      Delhi Property Registration Charges Calculator
      Delhi Property Registration Charges Calculator

      Based on the factors mentioned above, the stamp duty and property registration charges in Delhi can be calculated. Registration charges of property in Delhi can be determined keeping the above factors into consideration. Any stamp duty calculator in Delhi will give you a rough estimate of the stamp duty in Delhi for the purchase of property based on these factors. Circle rate is another important factor kept in mind while calculating property registration fees in Delhi. 

      Step-by-Step Guide to Pay Stamp Duty and Registration Charges Online in Delhi

      Step 1: Access the Official Portal

      Begin by visiting the official website of the Stock Holding Corporation Ltd. This portal is the gateway to initiate your transaction for stamp duty payment in Delhi.

      Step 2: Choose Your Location

      Once on the site, you’ll need to specify your location. Look for the option to select the ‘NCT of Delhi’ from the dropdown list of states. This ensures that your payment is correctly processed under the jurisdiction of Delhi.

      Step 3: Execute the Payment

      With your region specified, you’re now set to complete the payment process. The website offers a variety of payment methods, including UPI, NEFT, IMPS, Debit Card, and Credit Card. Choose the one that’s most convenient for you. This flexibility in payment options is designed to cater to the diverse preferences of users.

      Points Worth Considering Before You Pay Stamp Duty in Delhi

      There are a few points that you should definitely keep in mind when paying your online stamp paper Delhi charges:

      • The stamp duty, as well as registration charges, play a vital role in the process of registering any property within the authorised territory, therefore, the fees are mandatory
      • Women applicants have some advantages such as lower stamp duty fees and Delhi stamp duty rates for promoting women’s property ownership 
      • Even if the Delhi stamp paper and registration charges are paid once, failing to pay the same will be sure to attract heavy penalties from the state government’s exchequer.
      • You can apply for an exemption under Section 80 C of the Income Tax Act, which is typically restricted to INR 1.5 lacs every year
      • The response time for any property or DDA registration in Delhi is around 15 days

      Factors Affecting Stamp Duty Registration Charges in Delhi

      The following are the elements that have an impact on Delhi registry charges:

      • Dimensions of the property
      • Age of owner
      • Gender of owner
      • Type and location of the property (Commercial or residential)

      List of Documents Required for Delhi Property Registration Stamp Duty

      List of Documents Required for Paying Property Registration Charges in Delhi
      List Of Documents Required For Paying Property Registration Charges In Delhi

      Here is a list of documents that you will need to furnish for the calculation of stamp duty in Delhi and property registration charges in Delhi, even if it is a gift deed stamp duty in Delhi.

      • Sale deed.
      • Proof of TDS payment.
      • No-objection certificate (NOC), in case of plot or land.
      • ID proofs of the buyer, seller and witnesses.
      • Address proofs of the buyer, seller and witnesses.
      • Two passport-sized photographs of the buyers and sellers on two copies of documents.
      • Identity and address proof of two witnesses.
      • e-Stamp paper with the correct value of stamp duty.
      • Self-attested copy of PAN card or Form 60
      • e-Registration fee receipt of registration fee with undertaking/affidavit.
      • All original documents with one set of copies.

      Residential Plots in Delhi: Ready Reckoner Rates 

      CategoryConstruction CostLand Cost
      ARs.21,960 per sq mtrRs.7.74 lakh per sq mtr
      BRs.17,400 per sq mtrRs.2.46 lakh per sq mtr
      CRs.13,920 per sq mtrRs.1.60 lakh per sq mtr
      DRs.11,160 per sq mtrRs.1.28 lakh per sq mtr
      ERs.9,360 per sq mtrRs.70,080 per sq mtr
      FRs.8,220 per sq mtrRs.56,640 per sq mtr
      GRs.6,960 per sq mtrRs.46,200 per sq mtr
      HRs.3,480 per sq mtrRs.23,280 per sq mtr

      Flats in Delhi: Ready Reckoner Rates 

      AreaProperty Type- Private Builder FlatsProperty Type- DDA, Society Flats
      Multi storey apartmentsRs.1.10 lakhRs.87.840
      Above 100 sq mtrRs.95,250Rs.76,200
      50 sq mtr to 100 sq mtrRs.79,488Rs.66,240
      30 sq mtr to 50 sq mtrRs.62,652Rs.54,480
      Up to 30 sq mtrRs.55,440Rs.50,400

      Stamp Duty in Delhi: Points to Consider

      • The stamp duty and registration fees are required to be paid compulsorily since they are regarded as an essential component of the property registration process.
      • For female applicants, the state government has maintained slightly reduced stamp duty rates. This was carried out to encourage women to acquire property.
      • Even though the stamp duty and registration fees are one-time payments, the state exchequer may impose a severe fine if the stamp duty is not paid.
      • It is important to note that section 80 C of the Income Tax Act exempts stamp duty and registration fees, however there is a maximum of Rs 1.5 lakh each year.

      Key Differences Between Ready Reckoner Rate and Market Rate in India

      In India, the terms “Ready Reckoner Rate” and “Market Rate” are related to the valuation of real estate properties, but they serve different purposes and have distinct meanings when you go on to calculate stamp duty Delhi.

      Ready Reckoner Rate

      • Ready Reckoner Rate, also known as Circle Rate or Guidance Value, is the minimum value at which a property can be registered in a particular area or locality as determined by the state government’s revenue department.
      • It is used for the calculation of stamp duty and registration charges when buying or selling a property.
      • The government revises these rates periodically, usually annually or semi-annually, to keep them in line with the prevailing property prices in the area.
      • Ready Reckoner Rates are meant to prevent underreporting of property values during transactions and to ensure that the government collects the appropriate amount of stamp duty and registration fees.

      Market Rate

      • Market Rate, also referred to as the Fair Market Value or Actual Sale Price, is the actual price at which a property is bought or sold in the open market between a willing buyer and a willing seller.
      • This rate is not set by the government but is determined by the supply and demand dynamics in the real estate market.
      • Market Rates can fluctuate frequently based on various factors such as location, property condition, demand, economic conditions, and other market forces.
      • Unlike the Ready Reckoner Rate, the Market Rate is the true market value of the property, which may be higher or lower than the government’s prescribed rate.

      The government of Delhi has removed the process of physical stamping and made e-stamping mandatory. Also, the guidelines related to the stamp duty charges in Delhi and the rules and regulations for its collection keep on updating. It’s not easy to keep track of the current rates and you have to be very well-informed about property laws. Get legal assistance from NoBroker Experts and you can save big on stamp duty and property registration charges by paying the correct amount. Comment on this blog and we will reach out to you.

      Frequently Asked Questions

      Q1. What is the stamp duty in Delhi 2023-24?

      Ans. Stamp Duty in Delhi is fixed at 6% for a male owner and 4% for a female owner. The rate is fixed at 5% in the case of joint ownership. 

      Q2. Does Delhi NCR also follow the stamp duty laws of Delhi?

      Ans. No, the NCR region follows the laws of the states they belong to. For example, In Noida, stamp duty is collected based on the stamp duty charges in Uttar Pradesh. 

      Q3. Is Karnataka Bhoomi Nakshe useful for verifying land ownership?

      Ans: Absolutely, ‘Karnataka Bhoomi Nakshe’ is a vital tool in Bhoomi Karnataka for confirming land boundaries and ownership details.

      Q4. What is the stamp duty in Delhi Cantonment Board areas?

      Ans. The stamp duty in Delhi Cantonment Zone is fixed at 3% of the current market value of the property. 

      Q5. Can I pay stamp duty in Delhi online?

      Ans. Yes. Stamp duty charges in Delhi can be paid over the official website of the Delhi Government’s revenue department. You can also make payment for stamp duty on the official website of Stock Holding Corporation of India Limited (SHCIL).

      Q6. What is the stamp duty rate for a partition deed in Delhi?

      Ans. In Delhi, the stamp duty for a partition deed is 2% of the value of the separated share of the property.

      All About Maharashtra Cooperative Societies Act – From Its Existence (1960) to Its Latest Amends

      All About Maharashtra Cooperative Societies Act – From Its Existence (1960) to Its Latest Amends

      Maharashtra is the second most populated state in India, and therefore, a Maharashtra Cooperatives Society Act is just the right fit for the state. With its population, it is not a shock that there are over 5 crore members to the existing nearly two lakh cooperative societies. Cooperative housing societies are a part of the cooperative societies and are governed by the Maharashtra Cooperative Societies Act 1960 (latest Maharashtra cooperative Societies Act 2019).  The MCS Act 1960 was brought into action on 26 January 1962. A few amends were made to the Maharashtra Cooperative Housing Society Act (as the centre mandated) on 13 February 2013. The amends of the Maharashtra Cooperative Society rules came into action the very next day i.e., 14 February 2013.

      Key Features of the MCS Act

      The Maharashtra Cooperative Societies Act or the Maharashtra Housing Society Act 1960 states its key features based on better housing plans for its people. It provides an inclusive and easy registration system, membership perks and includes the privileges and duties offered all over Maharashtra. The Maharashtra Cooperative Act aims to provide a fair system and solutions in Maharashtra for cooperative societies.

      What Is a Cooperative Housing Society?

      What Is A Cooperative Housing Society
      Maharashtra has a dense population and MCS Act has helped with the housing agendas of the state.

      Under the Maharashtra Cooperative Housing Society Act 1960, the main purpose is to offer/provide its members with better housing opportunities such as open flats, apartments, and plots. In addition to this, it also aims at providing its members with the luxury of basic amenities.

      Sections That Apply to Housing Societies Under the Maharashtra Cooperative Societies Act (1960)

      It is important to understand that the Maharashtra State Cooperative Societies Act is not just meant for housing societies and covers a lot of various other factors. Listed below are the sections that apply to the Maharashtra Housing Society Act-

      • Section 1, clauses (5), (6), (7), (8), (10), (10-ai), (10-aii), (10-aiii), (13), (14), (16), (17), (18), (20-A), (21), (24), (26), (27), (28), (29), (29A) and (31)
      • Section 2
      • Sections 3, 3A, 4, 5, 7, 9, 10, 12, 13, 14, 15, 17, 18, 19, 20, 20A, 21, 21A, 22, 23, 25, 25A, 31, 33, 34, 35, 36, 37, 38, 40, 41 and 42
      • Section 50
      • Section 62
      • Sections 64, 65, 66, 67, 68, 69, 70, 71, 71A, 72, 73, 73ID, 73C, 73CB, 73CC, 73F, 73I, 75, 76, 77, 77A and 78A
      • Section 79, 79A and 79AA
      • Section 80 to 89A
      • Section 91 to 100
      • Section 102 to 110
      • Section 145 to 148A
      • Section 149 to 154
      • Section 154A
      • Section 155 to 168

      Types Of Housing Societies Under the Maharashtra Cooperative Societies Act

      Types Of Housing Societies Under The Maharashtra Cooperative Societies Act
      The MCS Act has made clear distinctions in the allotment of housing facilities.

      The Maharashtra cooperative societies act 1960 has set clear criteria for the housing societies that enjoy the membership perks. The three types are listed below:

      • Tenant Ownership Housing Societies: According to the Maharashtra co-op Society Act these are housing societies whose aim is to allot plots or flats on a parcel of land that the society owns either on a leasehold or freehold basis, while the members own the houses.
      • Tenant Co-partnership Housing Society: Maharashtra cooperative housing society rules that the objective of these housing societies is to provide flats to their members where the society owns both the land and the building, either freehold or leasehold.
      • Other Housing Societies: House mortgage cooperative societies, house construction cooperative housing societies and foundations cooperative societies with all units being offices or commercial establishments are examples of these.

      Section 22 of the Maharashtra cooperative societies act makes it clear that if a person meets all eligibility criteria, then the person cannot be denied membership.  Section 79 of the Maharashtra cooperative societies act states that all transactions – money exchange, receipts and expenditure have to be legally documented and stored for verification. While Section 91 of the Maharashtra cooperative societies act takes care of any dispute that might occur in the authorship of the property. The Indian law system makes the membership of the MCS a safe and fair process.

      Different Terms Used in Maharashtra Cooperative Societies Act

      The Maharashtra co-op housing society act uses its own set of terms for smooth functioning and aims to provide better services to its members. Below are a few terms along with their definitions that the Maharashtra co-op society act uses.

      • Central Bank: Any cooperative bank established with the goal of creating capital to be loaned to other societies is referred to as a central bank.
      • Bonus: As per the Maharashtra cooperative act 1960, the term “bonus” refers to any payment made in cash or kind from the society’s revenues to a member or non-member. This does not, however, include any amount paid to any society employee under the 1965 Bonus Act.
      • Cooperative Bank: Cooperative banks are defined as a company conducting banking business under the guidelines of the Banking Supervision Act of 1949.
      • Cooperative Appellate Court: The Cooperative Court of Appeal is defined as the Maharashtra Cooperative Appeal Court established under the Companies Act 1960 Maharashtra State Cooperatives. 
      Different Terms Used in Maharashtra Cooperative Societies Act
      the Maharashtra Cooperative Societies Act has its own set of rules but works in accordance with the Centre.
      • Member: Anyone who joins the cooperative following the bylaws and submits an application for registration will become a member upon acceptance. 
      • Dividend: Dividends refer to any amount paid to its members with the profits of a corporation, and the amount is proportional to the shares it owns.
      • Officer: A person appointed or elected to public office by any society per the bylaws is termed as officer. The president, vice president, president and general secretary of the society are all subordinate to the cadres.
      • Committee: A committee is defined as a board of directors or any management committee that manages the daily affairs of the company by the law drawn up in article 73 of the law. 
      • Working Capital: Any socially available fund, including paid-in capital, earnings, and 
      • other funds raised or borrowed, are included in the definition of working capital. 
      • Bye laws: The Maharashtra cooperative housing society bye laws states that all social laws registered under the Maharashtra Cooperatives Societies Act 1960, including amendments thereto, fall within the scope of the constitution.

      Rules for Registration of Cooperative Housing Societies as per Maharashtra Housing Societies Act

      It is not possible to register a housing society under the Maharashtra Cooperative Societies Act unless at least five members of different families or at least half of the total number of flats that qualify for membership under this Act agree to the housing society’s registration proposal.

      Transfer of Share, Right, Title and Interest in Cooperative Housing Societies as per Maharashtra Housing Societies Act

      Cooperative housing society members in Maharashtra are allowed to transfer their ownership stake in their property by using registered documents.

      Amendment of Maharashtra Co-operative Societies Act, 1960

      The changes became effective on February 14th, 2013. The Maharashtra assembly later introduced and approved amending legislation to the Maharashtra Cooperative Societies Act, 1960.  Cooperative housing society act (Maharashtra) was revised to include the following provisions:

      • A co-operative housing society’s members must attend at least one General Body Meeting every five years and use the services specified in the society’s By-laws. If a member fails to do so, he or she will be marked as inactive and will be unable to vote. If the non-active member passes the eligibility requirements, they may be reclassified as an active member.
      • Members of the Management Committee and its Office Bearers will be elected for a five-year term.
      • There will be no more than 21 members on the Management Committee, with two seats reserved for women, one for tribes and Vimukta Jati, one for SC, and one for other backward groups.
      • The State Cooperative Election Authority should be established by the State Government to oversee, elect, and manage the electoral rolls and its preparation for all society elections.
      • After the fiscal year’s conclusion, the General Body meeting must convene its functioning within 6 months.
      Amendment of Maharashtra Co-operative Societies Act, 1960
      The MCS Act has been a major reason for the growth in various sectors of the state.

      Limit of Memberships in Cooperative Housing Societies as per Maharashtra Housing Societies Act

      A housing society should not allow more members than there are flats or plots available. However, if the plot owner built and sold apartments in accordance with the laws at the time, they might replace the original plot owner member and allow an organisation of flat buyers to join the cooperative housing society.

      Maharashtra Cooperative Societies Act, 1960: Latest News

      Cooperative organisations cannot bar entry to single women, members of specific communities, or anyone who consumes a particular diet: 

      Nov. 20, 2021: According to the Supreme Court, cooperative societies cannot bar entry to unmarried women, members of particular communities, or those who consume particular types of food. The supreme court made this comment in its ruling on a distinct dispute involving the validity of the Maharashtra Co-Operative Societies Act.

      According to the Apartment Act, maintenance fees will be based on a flat area 

      July 15, 2021: Under the Maharashtra Apartment Owners Act, maintenance fees are based on the size of a flat. The deputy registrar of cooperative societies, Pune city zone, has decided that the same restriction does not apply to housing society flats that are registered under the Maharashtra Cooperative Societies Act.

      Maharashtra Cooperative Societies Act 1960 modification approved by cabinet

      May 6, 2021: A proposal to alter the Maharashtra Cooperative Societies Act, 1960, has been approved by the Maharashtra government in order to prevent cooperative society members from losing their ability to vote in the upcoming elections. A member is required by law to attend at least one cooperative society meeting every five years; otherwise, he is deemed “inactive” and loses his voting privileges. 

      This is so that all members, regardless of the size of their apartments, share equally in the maintenance costs in cooperative housing organisations, since the land and the building are under the society’s ownership.

      Members of cooperative housing societies are “jointly and severally” liable for any MC decisions.

      January 2021: In January 2021, the Maharashtra government issued a notice requiring all elected managing committee (MC) members of cooperative housing societies created under the Maharashtra Co-operative Societies Act, 1960, to sign a bond holding them “jointly and severally” accountable for all decisions the committee makes. A new form, M-20, has been added to the MCS (Amendment) Rules, 2002, requiring elected members of the managing committee to declare that they are jointly and severally liable for all acts and omissions that are harmful to the interests of the society.

      The housing society cannot be ordered by the registrar to grant NOCs to its members: HC Bombay

      July 2019: In July 2019, the Bombay High Court declared that a deputy registrar of cooperative societies does not have the authority to order a cooperative housing society to provide one of its members a no-objection certificate (NOC) for improvements to and a change in the use of his premises. On July 9, 2019, in response to a member’s complaint, the deputy registrar ordered a Mumbai housing society to provide the member with the requisite NOCs for merging four tenements and changing the use of the property from residential to commercial. The HC stated that the disagreement “obviously involves a member and the society and would require resolution before any other forum.”

      The Maharashtra Cooperative Societies Act has been critical to the state’s social and economic growth, especially in rural areas. Although this movement began with an emphasis on agricultural loans, it quickly expanded to include agro-processing, agro-marketing, rural industries, consumer stores, social services, and other areas. Are you looking for a house and are confused about how to get about it? Head to NoBroker to find the house of your dreams at a minimal cost. Click on the link below.

       FAQ’s

      Q1. What is the full form of MCS?

      Ans. The full form of MCS is Maharashtra Cooperative Societies Act.

      Q2. When was the MCS Act established?

      Ans. The MCS Act was established in 1960 but was enacted in 1962.

      Q3. In what states is the MCS Act valid?

      Ans. The MCS (Maharashtra Cooperative Societies Act) is only valid for the state of Maharashtra.

      Q4 Who has the final say of authority in a cooperative housing society?

      Ans. The general body of the society holds the final authority as is stated in the bye-laws of the MCS Act.

      Property Card in Pune: The Official Record of Ownership

      Property Card in Pune: The Official Record of Ownership

      A property card is an official document stating ownership of a property. It contains important information about the property like carpet area, amenities and bank loans against the property. A property Card Pune serves a similar purpose. Property Cards were launched through the centre’s ‘SVAMITVA Scheme’ that aims at empowering the weaker sections of the societies by using the property as a financial asset for taking loans and other such benefits. Let’s take a look at Property Card, Pune in detail

      What Is a Property Card/ Malmatta Patrak/ Sampatti Card?

      A Property Card is a relatively urban concept. Launched under the centre’s ‘SVAMITVA Scheme’, a Property Card is an official document stating details about the property such as ownership records, carpet areas, amenities available etc. Property Card is called ‘Malmatta Patrak’ or ‘Sampatti Card’ in the state of Maharashtra. It is a useful document used by the local authorities to maintain important records about any property falling in the urban limits of Maharashtra. Whereas, in rural areas, a 7/12 extract is considered as an official record. 

      What Is a Property Card/ Malmatta Patrak/ Sampatti Card?
      Property Card, Pune is an official document stating ownership of premises in Pune City.

      PMC Property Card

      The Property Card for flat owners in Pune is issued by the Pune Municipal Corporation. The Pune Municipal Corporation’s Property Card contains a list of holding of the owners and other important property details. A Property Card is also known as Malmatta Patrak in Pune.

      Importance Of Property Card Pune

      A Property Card is a very important document for residents of Pune aiming to purchase a property or land, as it is mandatory to check the property card as an important proof if property ownership. In fact, the guidelines of a property card keep expanding including details such as the area, mortgage, loans taken, any previous owners, etc. so that more and more transparency is brought into the process, and the probability of frauds are minimal.

      What Are the Details Included in Property Card?

      The property cards are an important holder of information about the owner, the property, the history of ownership of the property in the past, as well as the history of land holdings in the surrounding urban areas. Also known as Malmatta Patrak, a.k.a Mahabhulekh property card Pune certifies the real landowner, helps detect any false claims on a property, is used for litigations in the court regarding land issues, and even prevent any legal hassle altogether for the property in the future. Essentially, the key details included in a Property Card, Pune are:

      • Owner’s Name along with history of ownership
      • City Title Survey (CTS) number of the land (search for city survey Utara online Pune to know more)
      • Exact Location of the land
      • Plot number
      • Area of land in square meter
      • Details of litigations (closed and pending)
      • Encumbrance and mutation record
      • Details of loans taken by the landowner from Government agencies.
      • Details of unpaid taxes pending on the land.

      Features Of Property Card, Pune: 

      A property card is an important official document that is required for a lot of transactional and verification purposes. Since Property Cards or Malmatta Patrak in Pune contain details like ownership records, address, tax and loan details etc., it helps the government in creating a database of flat owners with their details. Some important uses of a Property Card, Pune is:

      Read: Circle Rates Gurgaon 2022: A Guide to Property Registration Process in Gurgaon 2022

      1. Buying a land
      2. Buying a Flat
      3. Resolving Court Litigations

      The process for applying for a Property Card in Maharashtra is fairly simple. Let’s take a look at how to apply for a Property Card in Pune

      How To Apply for Property Card Pune Online

      How To Apply For Property Card In Pune
      Mahabhulekh Property Card, Pune can be viewed at AAple Sarkar, Government of Maharashtra’s official website.

      The Government of Maharashtra has made it very easy to apply for and view property cards. 

      For convenience, the property card application is collected through both online and offline modes. 

      In-Person Application

      1. Applications for Property Card, Pune can be made in person in the offices of the Land Record Department of Maharashtra.
      2. Fill out the application with all the required documents
      3. Fill in other information if required. 
      4. Post successful verification of your application and submitted documents, the authorities will issue your 
      5. After the authorities validate your application and the documents that are submitted, they will issue a certified copy of the Property Card in the Pune Suburban District.

      CTS Number:

      You will be required to fill out the City Title Survey number in your application. CTS number is a unique identification number registered against your property. If you are wondering how to find the CTS number of property in Pune online, you can simply view your City Survey Number Online in Pune or visit the CTS Office (CTSO). If needed, you can find your CTS number online in Pune too

      How To View & Download Property Card Online Pune

      How To View & Download Property Card Online Pune
      A property owner can apply, view, and download their property card in just a few simple steps

      If you are wondering about how to get Property Card online in Pune, simply follow the steps below as the entire procedure can be completed on Maharashtra Government’s Aaple Sarkar website, i.e. https://aaplesarkar.maharashtra.gov.in/en/. You can also easily view property card online Pune city as well through the process:

      1. The applicant will need to apply with his information through the website. They can create a user ID and set credentials. 
      2. The applicant can log in using the credentials and fill out the form accordingly. 
      3. Submit the application.
      4. After applying, the applicant will receive a confirmation number for future reference. 
      5. The portal also allows the applicant to track application status under the “Track your Application” section. The online property card Pune can be downloaded and used for relevant purposes.

      The user can now view their name in the Revenue Department Property Card details.

      Details Required to Apply for a Property Card:

      • Ward number
      • City survey number
      • Final plot number and description if any
      • Map
      • Vasalewar
      • Mutation number
      • Property card (Number of copies)
      • Enquiry Register Extract (number of copies)
      • Office order date and number of copies

      How To View Property Card Pune Online?

      After successful completion of the procedures, a user can view Digital Property Card Online in Pune City through the Mahabhulekh (Maharashtra Bhumi Abhilekh) Portal. The Mahabhulekh property Card, Pune will give you all the information about your property. To view Property Card online in Pune:

      1. Visit the official website of Mahabhulekh Property Card, Pune.
      2. Toggle down and choose your district.
      3. After redirection, click on the view property card section and select your property details from the drop-down menu.
      4. The user can view their Online Property Card, Pune. 

      Best Way to View Pune Property Cards Online

      After completing the necessary procedures, users of the Mahabhulekh (Maharashtra Bhumi Abhilekh) portal can view property cards in Pune online. Pune’s Mahabhulekh property card can give you all the details you require about your house. Go to http://www.propertycard to view an online property card for Pune.

      • Go to the official Mahabhulekh Property Card website in Pune.
      • Swipe down to select your district.
      • Pick your property details from the drop-down menu in the “view property card” section after being redirected.
      • Online access to the user’s Pune Property card is available.

      How To Download Property Card Pune Online?

      Property Card can be viewed and downloaded on the official website of Mahabhulekh

      Users can download their Property Cards online on mahabhumi.gov.in. By filling out the details about the property and filling out the CTS number, the applicant can download the property card online in Pune city. 

      Conclusion: A Property Card has emerged as a very important financial asset for the weaker sections of the society in the state of Maharashtra. With a Property Card, Pune flat owners can avail benefits against their properties. Getting a Property Card, however, requires a lot of paperwork and the rules and regulations keep getting updated. What you need is an expert on your team. With NoBroker’s expert consultation, you can make sure your property papers are always flawless and you have all the legal guidance you require. Just drop in a comment below this blog and our experts will get in touch with you. Or click this link to get your legal queries solved: 

      FAQ’s

      Q1. What is a Property Card in Pune City?

      Ans. Launched under the centre’s ‘SVAMITVA Scheme’, a Property Card is an official document stating details about the property such as ownership records, carpet areas, amenities available etc. Property Card is called ‘Malmatta Patrak’ or ‘Sampatti Card’ in the state of Maharashtra.

      Q2. What are the special features of a Property Card?

      Ans. A property card is an important official document that is required for a lot of transactional and verification purposes. Since Property Cards or Malmatta Patrak in Pune contain details like ownership records, address, tax and loan details etc., it helps the government in creating a database of flat owners with their details. Some important uses of a Property Card, Pune is:
      Buying a land
      Buying a Flat
      Resolving Court Litigations

      Q3. How do you apply for a Property Card in Pune?

      Ans. The Government of Maharashtra has made it very easy to apply and view property cards. For convenience, the property card application is collected through both online and offline modes. 

      Q4. How can a user view property cards online in Pune?

      Ans. After successful completion of the procedures, a user can view Property Card Online in Pune City through the Mahabhulekh (Maharashtra Bhumi Abhilekh) Portal. The Mahabhulekh property Card, Pune will give you all the information about your property. To view Property Card online in Pune:
      1. Visit the official website of Mahabhulekh Property Card, Pune.
      2. Toggle down and choose your district.
      3. After redirection, click on the view property card section and select your property details from the drop-down menu.
      4. The user can view their Online Property Card, Pune. 

      Q5. What are the details required while applying for Property Card, Pune?

      Ans. Details Required to Apply for a Property Card:
      1.Ward number
      2. City survey number
      3. Final plot number and description if any
      4. Map
      5. Vasalewar
      6. Mutation number
      7. Property card (Number of copies)
      8. Enquiry Register Extract (number of copies)

      Everything You Need to Know about Encumbrance Certificate AP

      Everything You Need to Know about Encumbrance Certificate AP

      Everyone works hard to achieve professional success in life and gradually gets closer to achieving one of society’s most prominent goals i.e. owning a house. Regardless of age, caste, gender or religion, we all find ourselves in the turmoil of house-hunting as well as the financial and legal steps that follow. Funding the resources, contacting the broker, finding a suitable property under budget, signing the registration deed, and furnishing the space – are just some basic steps every homeowner goes through. But imagine waking up one day and finding that the property you have spent your money, effort, and time on is tied up in some legal implications or is promised to some other party instead. Sounds gut-wrenching, right? Such a situation will leave you stuck in legal turmoil while attacking you financially. To prevent any such instances, a person residing in Andhra Pradesh must request an Encumbrance Certificate AP. To know more about EC certificate AP, read more. 

      What is an Encumbrance Certificate?

      An Encumbrance Certificate is a statutory document necessary to show that the property being sold or purchased is not under any legal or financial complications. In other words, EC is the proof of the property’s single ownership. The term ‘encumbrance’ itself means hindrance or burden. It means that a property is ‘encumbered’ if it is already pledged to any third party or has pending debt. To ensure that the property is transactional, EC is an imperative official document. An Encumbrance Certificate for land in AP is required when you apply for any loan against the property. The Registration and Stamp Department issues the EC certificate in Andhra Pradesh. 

      Encumbrance Certificates: Types

      Essentially, there are two types of EC or Encumbrance Certificates, i.e., Form 15 and Form 16. This means that any EC on Form 15 will be issued from the sub-registrar’s office in case the property possesses any encumbrances during the time the certificate has been sought by the applicant. On the other hand, the nil-encumbrance certificate on Form 16 is issued by the sub-registrar’s office in case the property does not possess any registered encumbrances during the time the certificate has been sought by the applicant. 

      Applying Online for an Encumbrance Certificate 

      If you want to apply for the encumbrance certificate online, you can simply visit the official EC website of the Andhra government and follow the steps below:

      • Select the option to apply for EC
      • Enter the details required for the application and click on update/save
      • Put in the period for which you want the EC and hit the ‘calculate fee’ button
      • Pay the required application fee and you will be taken to the ‘acknowledgement’ window, where you can take the print of the same by hitting on ‘view acknowledgement’

      Documents Needed to Get an Encumbrance Certificate

      To get an encumbrance certificate, you need the following documents:

      • Details of the property and the title deed
      • Any past executed property sale deed, partition deed/ gift deed/ release deed 
      • The deed number along with the book number, date, and the applicant’s signature
      • The document of property registration
      • The document of the applicant’s address proof

      What is the AP Stamp Duty and Registration Charge?

      States have different fees for stamps and registration. 

      AP Registration Charges: The present stamp duty is assessed by the AP stamps and registration department at 5% of the property’s cost, while the AP registration fee is assessed at 1% of the property’s cost. 1.5% of the cost of the property is the transfer duty charged by the IGRS AP. This is assessed in accordance with the rules outlined in the AP Municipalities Act of 1965 and the AP Gram Panchayats Act of 1964.

      According to AP Stamps and Registration, stamp duty is a tax that Indian governments impose on homebuyers in order to modify the property title and transfer ownership to the buyer. The additional fee customers must pay to the AP stamps and registration department in addition to the stamp duty is known as the “AP registration charge,” which is a type of documentation fee.

      Instrument/ DocumentAP Registration feeStamp dutyCharges
      Sale deed1%5%Rs 100 if value < Rs 50,000Res 200 if value > Rs 50,000
      Gift deed0.5% (minimum Rs 1,000 and maximum Rs 10,000)2 % on IGRS market value APRs 100 if value < Rs 50,000Rs 200 if value > Rs 50,000
      Agreement of sale-cum-general power of attorneyRs 2,0005%Rs 100 if value < Rs 50,000Rs 200 if value > Rs 50,000
      Sale with possession0.5%5%Rs 100 if value < Rs 50,000Rs 200 if value > Rs 50,000
      PartitionRs 10001%Rs 100 if value < Rs 50,000Rs 200 if value > Rs 50,000
      Settlement deed0.5%2%Rs 100 if value < Rs 50,000Rs 200 if value > Rs 50,000
      Mortgage with possession0.10%2%Rs 100
      Mortgage without possession0.10%0.50%Rs 100

      What is the AP Stamp Duty and Registration Charge on Wills?

      Keep in mind that there is no stamp duty due to the AP Registration and Stamps Department for the will deed. A will deed, however, is subject to AP registration fees. A will’s AP registration in the testator’s lifetime costs Rs 100 plus any applicable user fees. The registration fee of Rs 100 must be paid in order to have the will registered in AP following the testator’s passing. Additionally, batta and processing fees at actuals will be collected along with the enquiry fees.

      What are the Benefits of the Encumbrance Certificate in Andhra Pradesh?

      An encumbrance certificate is an essential document that shows you records of transactions related to the property in question. Those records can usually go back as far as 12 or 15 years. As a homeowner, this is your surety that the property is debt-free or singly-owned. Some most common benefits of getting an Encumbrance Certificate in Andhra Pradesh are: 

      • If you want to sell the property further, EC is a binding document that is needed to seal the transaction.
      • Banks and other financial lenders ask for EC when giving a home loan.
      • If you want to use your Provident Fund (PF) account to pay for the property, you must have possession of EC. 
      •  If the property or land tax goes unpaid for three or more consecutive years, then an Encumbrance Certificate must be submitted to the Village/Panchayat Officer.  
      • EC must be submitted for the mutation process of the property (Khata Registration / Khata Transfer / Patta). 

      What is the Process of Searching EC Online in Andhra Pradesh?

      The government of Andhra Pradesh started processing the registration of properties in 1999. However, the entries stored in the computer database date back to 1983. Due to this reason, you can search for an Encumbrance Certificate in Andhra Pradesh post 01-01-1983 only. If you require transaction details dating before 1983, you must reach out to the concerned SRO office. 

      To apply for an online Encumbrance Certificate in AP, visit the state government’s Registration and Stamp Department official website – IGRS Andhra Pradesh. Steps for getting IGRS Encumbrance Certificate in AP are: 

      Visit the official state portal of the Registration and Stamps Department of Andhra Pradesh for your copy of the online EC AP. Now, look for the services category on the top-right section of the webpage. To proceed, click on Encumbrance Search (EC). Next, you will be redirected to a new page.  

       Process of Searching EC Online

      You will see the ‘encumbrance Statement’ on your screen. This document includes the details regarding the IGRS AP Encumbrance Certificate and a legal disclaimer. After reading the guidelines, click submit. 

       Process of Searching EC Online

      You can search for the Encumbrance Certificate by using the document number, memo number or a none option.  

      Search EC in Andhra Pradesh online using document number:

      From the given search criteria’s drop-down menu, select the document number option and year of registration. Next, enter the registered SRO, verify the captcha code and click on the submit button.

       Process of Searching EC Online

      You will then be able to see the details of that particular property. 

      Search EC in Andhra Pradesh online using memo number:

      From the given drop-down menu, select the memo number and the year of registration. Then enter the registered SRO, verify the captcha code and click on the submit button. 

      Search EC in Andhra Pradesh online using none option:

      If you select the none option, the site will redirect you to a new page. Here you will have to fill out the form. Enter the below-mentioned details:

      • District
      • Applicant Name
      • Building details
      • Site or agricultural land details
      • Boundary details
      • SRO
      Search EC in Andhra Pradesh online using none option

      Enter the details, verify the captcha code and click on the submit button. You will be redirected to an EC statement where you will need to follow the mentioned guidelines. 

      What is the Application Fee for Getting IGRS EC in Andhra Pradesh?

      S.NoService durationApplicable Fee
      1Up to 30 years and lessRs. 200
      2More than 30 yearsRs. 500

      How to Get EC Issued Online in Ap?

      Step 1 – Go to the IGRS AP website and look for the ‘New Initiatives’ column in the centre bottom part of the webpage. From the options displayed on the screen, select ‘online EC’.  

      How To Get Ec Issued Online In Ap

      Step 2 – You will be forwarded to a ‘Citizen Registration’ form. If you are using the web portal for the first time and don’t have a login ID and password, register yourself by entering the details like Name, Password, Mobile No., Aadhar No., Email address, Residential address, User ID and Password. Verify the captcha code before proceeding. 

      EC Issued Online

      Step 3 – If you already have a login ID and password assigned, skip step-2 and proceed by entering your credentials on the ‘Public Online Services’ page. Enter the required details to get house EC online in Andhra Pradesh.

      EC Issued Online

      Step 4 – Select Encumbrance Certificate and enter the document number, year of registration and SRO code. Then, click on the submit button. 

      Step 5 – You will then be able to see all the details of the property. Verify and click next. Now, you will be able to choose between the options of a signed or unsigned Encumbrance Certificate. 

      Step 6 – Select ‘unsigned certificate’ option. You will then be redirected to a new page. 

      Step 7 – On the left-hand side of the screen, you will see a ‘select all’ option. Click on that. 

      Now, you can check all the property details and click on ‘print’ to download Encumbrance Certificate for Andhra Pradesh online.

      Note – If you want a signed Encumbrance Certificate, skip steps 6 and 7. Instead, select the signed certificate option instead of unsigned. You will then receive an OTP on your registered mobile number. Enter the OTP and have the encumbrance certificate downloaded.  

      How to Obtain a Certified Copy of the Andhra Pradesh Land Encumbrance Certificate Online?

      Step 1 – Visit the IGRS AP web portal. 

      Step 2 – Enter all the relevant details like the district name, SRO Location, Registered document number, year of registration. Then, verify the captcha code and click on the submit button to get a certified copy for Encumbrance Certificate AP.  

      Andhra Pradesh Land Encumbrance Certificate Online

      How to verify the Encumbrance Certificate from the Andhra Pradesh website?

      1. Visit the online portal of the Andhra Pradesh government, the AP IGRS.
      2. On the top-right corner, go to the ‘Services’ section and select the last option – ‘Verify EC.’
      3. Enter your department transaction ID. Click on the submit button. 
      How to verify the Encumbrance Certificate from the Andhra Pradesh website?

      How to Apply for an Encumbrance Certificate through Meeseva Franchise?

      Step 1 – Visit the nearest MeeSeva franchise centre.

      Step 2 – Submit a detailed application mentioning all the relevant details like document number, year of registration and SRO name. Also, note the mode of delivery of EC preferred. 

      Step 3 – Pay the appropriate amount to the MeeSeva operator. 

      Step 4 – Your request for EC will go through the AP Registration Department, and you will receive regular updates via SMS on the registered mobile number. 

      Step 5 – As the concerned authority of the area, SRO will process your EC request. Finally, the Sub Registrar officer will approve your request for the EC after proper verification is completed.

      Step 6 – Once the EC request is approved; you will receive an SMS stating the same.

      Step 7 – If your mode of delivery is courier, the EC would be dispatched from the MeeSeva franchise to the mentioned address. On the other hand, if your mode of delivery was manual, you will have to pick it up yourself. 

      Andhra Pradesh EC: IGRS Importance

      The IGRS AP EC is a crucial piece of ownership documentation.

      In order to obtain property credit, banks request the IGRS EC AP. The financial institution is reassured by the IGRS EC AP paperwork that the property or land is not being sold.

      The Panchayat/Village officer must be handed IGRS EC AP in order to have the land charge records updated if, for whatever reason, the property fee has not been paid to the AP stamps and registration department for more than three years.

      When taking back PF funds and developing real estate, IGRS EC is required.

      What are some of the Most Common Details mentioned in EC?

      1. Name of the applicant who has applied for the Encumbrance Certificate (online or offline).
      2. The application form holds all the crucial property details.
      3. Duration for which Encumbrance Certificate has been issued. 
      4. Complete property details as per the Sale Deeds recorded in the Sub Registrar’s Office. 
      5. Transaction details for the said property. 

      Why should Andhra Pradesh Citizens know about the Encumbrance Certificate

      While the encumbrance meaning is ‘burden’ or ‘liability’ on your finances, it is actually better to have this step done. You must check that the property has a clear title before purchasing it. Obtaining an Encumbrance Certification guarantees that the asset you seek to purchase is free of any legal or financial obligations. It is critical to correct any charges on the EC before proceeding with the purchase. It will also assist you in determining whether any current owners have legal claim to the land. Besides that, if you want to get a loan for buying a house, a land EC is one of the key documents you’ll have to submit to your lender or bank.

      Especially in India, where provisions as per law can be a bit complicated to navigate and understand and it is best that this vital step of EC registration is done. In Andhra Pradesh, the laws of the state can also differ from others, and is, therefore, very important to safeguard your’s as well as your property’s interests. In present day, the process has also become simpler as online EC applications can be done from the comfort of your home.

      Is an Encumbrance Certificate enough to Declare a Property Hassle-free?

      Encumbrance Certificate AP is an official document that shows all the property and transaction details lodged in the Sub Registrar’s Office. However, it does not show any information that the property owner has not registered to the concerned authorities in the respective area. Therefore, it is advised that all buyers complete a thorough legal check and due diligence before purchasing the property. 

      As a homeowner, you need to cross many financial and legal hurdles. Apart from arranging the budget for the down payment, setting up monthly EMI’s and finding the property that suits you best, you also have to ensure that you are not investing in the wrong place. If you end up purchasing a property for which a previous loan has not been cleared or is promised to any third party, you might end up as a victim of land fraud. Therefore, it is necessary to have all the essential official documents to prevent any court cases and waste all the effort and money. One such important document is the Encumbrance Certificate. Word ‘encumbrance’ itself means an impediment or burden. This means that the Encumbrance Certificate helps prove that the property is free from any financial or legal ties. In addition, an EC might help you see all the past transaction details for the said property. If you are also looking for a property in Andhra Pradesh and need guidance with official documents like Encumbrance Certificate AP, contact NoBroker professionals for step-by-step aid, all for a minimal cost. 

      FAQ’s

      Q1 – Who issues the Encumbrance Certificate?

      Ans. The Registration and Stamp Department is responsible for issuing the Encumbrance Certificate. 

      Q2 – What is form 15 and form 16 in the Encumbrance Certificate?

      Ans. The Encumbrance Certificate has two categories – form 15 and forms 16. Form 15 includes all the pertinent property information, registration documents, information related to taxes/loans/transactions and whether the property is mortgaged, leased etc. Form 16 is a non-encumbrance certificate issued when the property is free from any encumbrance at all. 

      Q3 – Where can I check the AP Encumbrance Certificate online status?

      Ans. You can check all Encumbrance Certificate related details on the web portal of the state government. 

      Q4 – Why is an Encumbrance Certificate needed?

      Ans. EC is needed to ensure that the property you are investing in is free of any legal ties and financial debts. Banks usually ask for an EC before approving the home loan. 

      Q5 – How can I get the Encumbrance Certificate issued offline?

      Ans. EC can be issued offline by the district’s Sub-Registrar Office or by approaching the MeeSeva Franchise.

      Completion Certificate: The Assurance of Your Property’s Legal Status

      Completion Certificate: The Assurance of Your Property’s Legal Status

      A completion certificate (CC) is one of those essential documents that you should obtain from the developer while buying a home. You might feel like skipping a CC to keep the long documentation process short. But before you do so, remember that this document legalises the property and becomes essential for reselling or mortgage purposes. If you already do not know about the importance of a completion certificate, I shall be taking you through all the details about this essential legal document in this article. This article includes:

      What Is a Completion Certificate?

      What Is a Completion Certificate
      A building construction certificate approves the completion of the real estate project

      A completion certificate, issued by the relevant authority, confirms that a building or complex complies with the approved plans and local development regulations, thereby legitimising the real estate project. This essential document is required by developers and owners for legal validation of their standalone structures.

      The completion certificate of a building covers all the vital information related to the project, including the building materials, building height and building plan. The local authority issues this certificate only after inspecting the building project. Therefore, a CC showcases that a developer has not violated any rules and ensures the quality of the real estate property. Furthermore, this certificate is needed to obtain utility services like water and electricity.

      A developer can also claim a provisional completion certificate after partial completion of the project if the builder wants to give possession of the building to the property holder. The provisional CC is valid for only six months. Once the six months are over, the developer must obtain a full completion certificate.    

      How Is a Completion Certificate Different from an Occupancy Certificate?

      How Is a Completion Certificate Different from an Occupancy Certificate
      what is the difference between an occupancy certificate and a completion certificate?

      The local civic body issues an occupancy certificate certifying that a building is constructed following the building construction norms and has all the basic amenities, including the NOC from the fire department. This certificate ensures that the property is fit for living. The owner must possess an occupation certificate before shifting to a new house.

      On the other hand, a completion certificate certifies that the building is constructed by following the approved building layout and the standards set by the local authority, like building height and the distance from the road, among many other things. This certificate is compulsory to apply for basic amenities like electricity and water supply.

      In simple words, getting a house completion certificate is the first certificate after completing a real estate construction. It only approves that the building has followed the building plan and the master plan of the city. At the same time, the occupancy certificate is the next step that certifies that the building is as per the living conditions. A developer can only get an occupation certificate after occupying the completion certificate.

      What Is the Importance of a Completion Certificate for Developers?

      What Is the Importance of a Completion Certificate for Developers
      Obtaining a completion certificate is mandatory for a developer

      A completion certificate is of sheer importance for the developers to legalise their construction. Without this certificate, the structure is not considered legal, which might invite difficulties later on. Here are some of the reasons behind the importance of a CC:

      • It contains all the information of the construction, including the developer’s name, location and identification of the land, the building’s height, and quality of the building materials.
      • It indicates that the construction follows an authorised construction plan and all the construction regulations, including the height of the building, its distance from the road and the distance from the neighbouring buildings.
      • This certificate is mandatory to apply for electricity and water supply.
      • The developer can only apply for an occupancy certificate after obtaining a completion certificate.

      What Is a Provisional Completion Certificate?

      What Is a Provisional Completion Certificate?
      When a developer needs to hand over the apartment to the buyer before the completion of the construction, he must provide a provisional completion certificate

      As the name suggests, a provisional completion certificate is a temporary certificate. There are times when most of the building is partially complete, but the builder needs to offer the buyers occupancy of the same. In such cases, the builder can apply for a provisional CC. This provisional completion certificate is valid for only a limited period of six months, and the builder must complete the project within this period. Only then, the builder is eligible for the issuance of a full CC.

      What Is the Importance of a Completion Certificate for Homebuyers?

      What Is the Importance of a Completion Certificate for Homebuyers?
      It is not advisable to take possession of a new property without a property completion certificate

      It is often conceived that a completion certificate is only for the developers or the builders. The home buyers also tend to ignore the fact whether the builder has the CC or not. However, a completion certificate is essential for the buyers too.

      • A completion certificate makes sure the buyer is not residing in an illegal property.
      • A certificate of completion means is the first step for getting an occupation certificate. If someone is residing in a building without an occupancy certificate, it is illegal.
      • Completion certificate for house ensures a regular supply of water and electricity.
      • Claiming the benefits of the property tax is only possible after getting a completion certificate.
      • A completion certificate is needed for residential buildings to convert water rates from non-domestic to domestic ones.
      • Without a completion certificate, a buyer can face penalty and even eviction from the property by the authorities.
      • It will be challenging to find a buyer without a completion certificate if anyone wants to sell the property in future.

      However, authorities can allow one to reside in a building without a completion certificate if most of the construction work has been done and there is a possibility of completing the assignment shortly. This can happen in projects that are stuck for a long time for some reason or another. At the same time, if the developer does not provide the buyer with a completion certificate, the buyer can approach the local body on his own for a completion certificate.

      Details Provided in the Completion Certificate

      Details Provided in the Completion Certificate
      a completion certificate holds all the necessary information a home buyer must know to ensure the purchase is legalised

      The details provided in a completion certificate include all the information related to the construction. They are:

      • The name of the developer
      • The information about the location
      • The identification of the land
      • The details about the approved building plan
      • The height of the building
      • The other information as per the local building standards like its distance from the road

      How To Obtain a Project Completion Certificate?

      A builder can apply for a project completion certificate after the completion of the building project. The builders require applying to the local civic body like the Municipal Corporation or local development authority. The authorities will issue the completion certificate only after inspecting the construction.

      Documents required for a Completion certificate 

      The documents required for applying for a completion certificate online vary from state to state. Every state has different sets of requirements. Here is a general list of the required documents:

      • Duly filled application form
      • Building completion certificate by an Engineer or a licensed Architect 
      • The building plan approval letter (copy)
      • Structural safety certificate or letter from concerned technical personnel
      • Property tax receipts (copy)
      • NOC from the fire department, if applicable
      • NOC for lift installation, if applicable
      • NOC for the sewage system
      • NOC for the water supply plan
      • Certificate for electric supply
      • Affidavit for provisional completion certificate (if applying for a provisional completion certificate)
      • Any other document or declaration, if applicable

      How Long Does It Take to Get a Project Completion Certificate?

      Once a developer successfully submits the application form, the local authorities will schedule an inspection. A team of officials from the local Municipal Corporation or local development authority will inspect the construction as per the schedule. Upon satisfaction that the building has followed all the rules and regulations, the issuance of the completion certificate will take about 3-4 weeks.

      However, if the inspection team finds any major violation of rules, they might issue a letter with instructions for demolition. In cases of minor violations, the team charges a reasonable amount of penalty. A completion certificate will only be issued after fulfilling all the requirements mentioned above.

      Who issues the completion certificate?

      The local civic body, like the Municipal Corporation or local development authority, issues the certificate of construction completion. The certificate is only issued after a complete inspection of the real estate property to ensure if the developers maintained all the local bylaws.

      Sample of building completion certificate format

      Here is a sample of the building completion certificate format:

      What If the Developer Does Not Have a CC? Should You Buy a property?

      While buying a house from a developer, you should always ask for the completion certificate for residential buildings. A certificate for completion of construction makes the property legal in the eyes of the authorities. It also ensures the electric and water supply. Without a completion certificate, the builder cannot apply for and provide you with an occupation certificate. Moving into a property without an occupation certificate is illegal. You might face a penalty or eviction notice from the authorities. At the same time, you will also need a completion certificate to claim income tax benefits on the home loan. It will also be required while reselling your flat or house. Therefore, if a builder cannot provide you with a completion certificate, buying that property can be a risky investment.

      How Can a Legal Expert Help?

      How Can a Legal Expert Help?
      if you are not sure about your rights of a property purchase you must opt for legal advice

      Real estate developers or individual homeowners unfamiliar with legal paperwork may benefit greatly from professional guidance. Handling vital documents like a completion certificate requires skilled expertise to ensure proper drafting and processing. This certificate, crucial for legalising your property and guaranteeing basic amenities, plays a key role in the property’s future viability. 

      Legal assistance not only simplifies the process but also protects your legal interests during the completion certificate’s acquisition. This certificate is essential for proving your property’s compliance with building norms and is a prerequisite for obtaining an occupancy certificate, confirming the property’s suitability for habitation.

      If you need any legal advice regarding the documentation process or residential building completion certificate format, you can opt for the legal services of NoBroker. Our experienced legal experts are ready to guide you throughout the legal process of obtaining a completion certificate.  

      FAQ’s

      Q1. What should I apply for first? A completion certificate or an occupancy certificate?

      Ans. You should apply for a completion certificate first, which certifies that a builder has followed the building plan and all other regulations in the construction project. An occupancy certificate can only be obtained after the issuance of a completion certificate.

      Q2. I am constructing my house. Should I apply for a completion certificate?

      Ans. Yes, you should as a completion certificate assure that your house is legal. At the same time, you will need it when applying for electricity and water supply.

      Q3. Should I claim a completion certificate from the developer?

      Ans. Yes, you definitely should. A completion certificate makes sure that the construction is legal. It also ensures that you will be getting basic amenities and you are living in a safe home. If you do not have a completion certificate, the authority may charge you with a penalty, or you may have to lose the property. 

      Q4. Is a completion certificate necessary for the registration of the property?

      Ans. No, a completion certificate is not necessary to register a real estate property. However, it guarantees the legal status of the property and makes sure that the buyer does not face any legal action from the authorities in future.

      Q5. Can I apply for a provisional completion certificate?

      Ans. Yes, if most of your building project is complete, you can apply for a provisional completion certificate. However, it will only be valid for six months, within which you are expected to complete the remaining works to obtain a completion certificate.   

      Villangam Certificate Explained – Here’s Why It’s Important to Get One

      Villangam Certificate Explained – Here’s Why It’s Important to Get One

      When you’re purchasing or selling a property, you need several documents. One of the most important documents required in dealing with property is a villangam certificate; this certificate is essential to establish that the property owned by a person is free of any financial liability, loan, or mortgage. It secures the ownership of the property. It is also known as an encumbrance certificate. The word encumbrance means a mortgage or any other claim on a property. It ensures that the property has a legal title.

      Along with this, it contains the transactions made during a specific period regarding the property. If no transaction has been made, then a nil encumbrance certificate is issued for the property. You can apply for this certificate offline as well as online. The offline registration occurs in the sub-registrar office, while the online registration takes place on the official website of the registration and stamps department. You can easily access your villangam certificate by downloading it. 

      Villangam Certificates
      Villangam Certificates

      What does a Villangam Certificate Mean?

      One of the essential legal documents which prove that you legally own the property is the villangam certificate. It is often known as an encumbrance certificate, but in Tamil Nadu, it is popularly known as a villangam certificate. It is formed when a property is registered while purchasing or selling. This certificate states that the property is free of any loan or mortgage. It is compulsory to make this certificate for property transactions. Without this certificate, you are not eligible for any other loans. Along with this, it helps you to secure your legal title over the property.

      How to Apply for a Villangam Certificate Online in Tamil Nadu?

      A Villangam certificate is usually obtained at the sub-registrar office of the area under whose jurisdiction the property lies. But it is also available online on the official website of the registration department of the Tamil Nadu Government. 

      A popular question that is asked is  “How to apply Villangam certificate online?” You can get your Villangam certificate online by following the given steps.

      Step 1:

      First, you need to log in to the registration department’s official website, If you don’t have an account, then you need to register yourself on the website first. 

      While creating an account, you will have to provide details about your identification number. This can be your PAN or driving license, etc.

      Step 2:

      After login or registration, you have to go to the homepage and then choose the encumbrance certificate option. After this, click on the search and apply for the encumbrance certificate. 

      Step 3:

      Fill in the required details, which are location, survey details, time, house details, and additional information. 

      In the location part, you will have to provide the zone, district, and sub-registrar office of the area where the property is located. 

      In the time section, add the starting and ending date of the villangam certificate.

      In survey details, you have to fill in the village name and the survey number, and the subdivision number. 

      House details include the plot number, flat, door number, wardrobe number, boundary details, build-up area, and property extent. 

      Additional details include old survey number, old door number, declared owner, and father’s name and any registered document that you may have. 

      Step 4:

      After providing all the required details, click on search. Then click on the apply online option to proceed. 

      Step 5:

      Fill in your name and contact details, and then click on the payment option. Fill in the payment details and click on the payment option. Fill in the e- payment details and choose your bank to make the payment. 

      Step 6:

      After completing the payment process, provide your bank reference number along with the transaction details. After the officials’ approval, the villangam certificate will be sent to your provided login details in the form of a QR code and get a notification SMS. You can also check your certificate’s status in the request lists option under the website’s encumbrance certificate option. This option comes under E-services. The application process takes around 2-3 working days for processing.

      Villangam Certificates
      Villangam Certificates

      How to Apply for a Villangam Certificate Offline

      You can comfortably apply for a villangam certificate offline too. For this, you are required to submit a written application in the sub-registrar office along with the required documents. These documents include address proof, property details, and title details. You would also have to pay a registration fee. After the officials have verified the legality of the provided documents, the villangam certificate is issued within a month of applying. In addition to that, you will also get a reference number. This reference number or acknowledgement number can be used to track the status of your villangam certificate.  

      The steps in simplicity are as follows:

      • Carry the required documents including the attested property details, address proof, title details, as well as your identifying documents to request an application for an EC 
      • Fill the application with the asked details and submit them at the local sub-registrar’s office along with the documents you have carried
      • The authorities will take some time – around 15-20 days to go through the documents and the application to examine their legality and qualifications
      • You will be then issued an Encumbrance certificate or Villangam with the all the details of the transactions (in the case of without transactions, you will get a NIL Encumbrance certificate)

      After the offline process, you will be able to get the Villangam certificate downloaded from the official government website, just like everyone else. 

      How to Check a Villangam Certificate Online Tamil Nadu

      To do a Villangam check online, all you have to do is go to the registration department’s official website. After this, click on E-services. Choose the encumbrance certificate option, and in the requests section, you can check your certificate. To search for the required area, you can follow the same steps used in the certificate’s online application.

      How to Download a Villangam Certificate Online

      To download a Villangam certificate, you have to visit the official web portal of the registration department of Tamil Nadu. Your EC Tamilnadu can be viewed online from the Tami Nadu Registration department portal. You have to click on the encumbrance certificate option and choose the view or download the encumbrance certificate. You can then download your Villangam certificate. You can also access it via the QR code provided to you on your registered contact after the certificate is ready. 

      What is a Nil Encumbrance Certificate?

      A nil-encumbrance certificate is issued for a property that hasn’t had any transaction in the time during which the owner applied for an encumbrance certificate. It is also published at the sub-registrar office. 

      It is essential to get a villangam certificate to legalize that your property doesn’t carry any financial liability in the form of a bank loan. When it comes to legal matters and paperwork, you have to be especially careful. So to be on the safe side, always try to hire a professional. You can avail of these services from NoBroker without breaking a sweat. NoBroker services include legal assistance and home loans in addition to home services. With Legal services from NoBroker, you can rest easy that all the important documents will be thoroughly checked so you don’t face any loss. Click below to learn more about this service. 

      FAQ’s

      Q1. What is the use of a villangam certificate?

      Ans. A villangam certificate is used to check the legality of the title. It is imperative while purchasing or selling a property as it verifies ownership, mortgage liability, property schedule, deed type, history of the registered transaction, registration date, allotment number, and ownership. If a property doesn’t have an encumbrance certificate made, it doesn’t have a marketing title, and thus it cannot be sold.

      Q2. What are the requirements for making a villangam certificate?

      Ans. For a villangam certificate to be made, you have to make sure that the property is clear of any financial liability or mortgage. If it has any pending loans, then it is not possible to make a villangam certificate. During the registration process, you have to ensure that you have the required documents. Along with this, you have to provide accurate identification details, address, and contact number, which you would like your villangam certificate to be issued. 

      Q3. What documents are required for a villangam certificate?

      Ans. It would be best if you had the required documents prepared to get a villangam certificate. These documents include property sale deed/gift deed/release deed/relinquishment deed, etc. This is only needed when a deed has been made in the past. In addition to this, other documents like property registration documents and address proof are also required.

      Q4. How is a villangam certificate different from a completion certificate?

      Ans. A villangam certificate or encumbrance certificate is a legal document that establishes that the property being bought or sold is free of mortgages and financial liabilities and has no loan pending. The sub-registrar is responsible for issuing a villangam certificate. In comparison, a completion certificate is a document provided by the municipal corporation or the local authorities, which approves that the building or plan has met all the required standards; this occurs after the completion of the project.

      Q5. How much time does it take to issue a villangam certificate?

      Ans. The time taken to issue a villangam certificate depends on how you applied for the certificate. In the online process, it takes about 2 to 3 days for the processing to take place. Whereas in the offline method, you have to wait for about 15-30 days to get your certificate.

      What is Stamp Duty: Calculation, Charges and Documentation 2024

      What is Stamp Duty: Calculation, Charges and Documentation 2024

      Stamp duty is a compulsory tax levied by the government over the transfer of property rights. Let’s thoroughly understand what stamp duty is and why is it important for a property owner.

      What is Stamp Duty?

      Stamp duty represents an extra expense when acquiring real estate, so it’s crucial to comprehend how it varies based on the property’s characteristics and location before purchasing it.

      Stamp duty charges are slightly higher in India as compared to most of the underdeveloped, developing and even developed countries. In most countries, stamp duty ranges between 1% to 5%, while in most of the major states of India the charges are higher than 5%.

      What is Judicial and Non-Judicial Stamp Duty?

      Stamp Duty & Registration Fees
      Stamp Duty

      Judicial and non-judicial are the two categories of stamp duties in India. While the non-judicial charges include stamp duty imposed on all real estate transactions, as a one-time payment on the overall value of the agreement, judicial stamp duties, also known as court fee, are charges imposed by the court over litigants.

      The highest stamp duty revenues received by states, comes from sale deeds or conveyance tax.

      What is a Registration Charge?

      Although paid for the same property value the reason for paying and the ways to calculate stamp duty and registration charge, vary. How much stamp duty you are required to pay completely depends upon the transaction value of your property, however, the registration charge is a fixed cost property buyers pay for the service of adding a deed or contract in government records. 

      For the registration fee you pay, the government is liable to maintain a registry of your documents. Registration charge is a must because it lends inviolability to your documents that would otherwise not be legally bindable. 

      The process in which the registration of documents takes place is also mentioned in the Indian Registration Act, 1908.

      How Stamp Duty & Registration Fees Are Calculated in India?

      Stamp Duty & Registration Fees
      Stamp Duty And Registration Fee

      Stamp duty charges are applied on a circle rate so that in case a property is being owned at a transaction value lower than the prevalent circle rates, it can be applied on the circle rate value of the property.  However, if the property transaction value is higher than the prevalent circle rate value, stamp duty will be charged as per the original value of the deal and not over the circle rate. To be precise, the stamp duty is calculated based on the value of the original transaction or the circle rate, whichever is higher.

      Factors that Affect the Evaluation of the Stamp Duty

      Stamp Duty & Registration Fees
      Stamp Duty


      Age of the owner:

      How much you need to pay for the stamp duty depends somewhat on the age of the person on whose name the property will be registered. In case the owner is a senior citizen, you might get some rebate or discounts. This rule can differ in different states.

      Location of the property:

      Stamp duty is different for the properties that are considered inside the municipal limits of a city, as compared to the properties that fall outside the municipal limits. The charges are higher in case of the former. Also, whether the property you are planning to buy is a part of a city, a rural area, a metropolitan, or a suburb, will have a certain amount of impact on the value of stamp duty that you need to pay.

      Gender of the owner:

      To promote property ownership among women, female property owners are provided with a concession on stamp duty in several states. If you are in the NCT of Delhi, registering the property in the name of a woman, you receive a concession of 2% on the overall stamp duty. Which means you will only have to pay 4% stamp duty in Delhi. While any male property owner will have to pay 6%.

      If you are willing to register the property jointly, with the woman as the primary owner, you are still eligible for a concession on stamp duty in Delhi. However, this facility is not prevalent throughout the country. In states like Kerala, Bihar, Maharashtra and Jharkhand, men and women have to pay equal stamp duty.

      Type of property:

      Based on if you are buying land, a flat, an independent house or villa, your stamp duty costs will vary.

      Usage of property:

      Whether you are purchasing the property for residential use or commercial use creates a difference. Stamp duty on commercial properties is always higher than that of residential property.

      Project amenities:

      The amenities you are receiving with the purchase of the unit change the calculation of stamp duty in some states of the country. For example, you are purchasing a unit from a housing project in Uttar Pradesh and they are offering you high-end amenities like a clubhouse, gym, elevators, community halls, swimming pools and more, you will have to pay additional stamp duty.

      Registration Charge Calculation

      Stamp Duty & Registration Fees
      Stamp Duty

      According to the Registration Act 1908, from the date of transaction within four months, once the stamp duty has been paid, the buyer needs to pay the registration fee as well. Without the registration the transfer of property from one owner to another is said to be invalid. The Sub Registrar of Assurances of the Jurisdiction, where the property is purchased, takes care of the registration process. Remember, any delay in the payment of registration fee or stamp duty incurs heavy penalty as these are legal documents which can be produced in court as evidence, if required.

      To calculate registration fee, various factors are taken into consideration, based on the type of property you are buying and the city/state laws. The main factors used in the calculation of property registration free are: 

      • If the apartment/office you are buying is a part of a multi-storey building, the super built up area is considered for calculation.
      • For lands or plots, the total square footage area is multiplied by the guideline value of the same land.
      • If the property is a villa or independent house, then you need to calculate the registration fee on the total constructed area.

      How Stamp Duty & Registration Charges Differ in Top Cities of India

      Below is a breakup of stamp duty on property and registration charges for the top cities of India: This table will help you understand the prevalent charges in your respective state.

      CityStamp Duty ChargesRegistration Fee
      Delhi6% for a male owner and 4% for a female owner1% of the total market value of the property, as mentioned on the sale deed. Additionally, INR 100/- as pasting charges
      Mumbai5% for the property in the area under municipal jurisdiction. For property located outside municipal jurisdiction or property in a rural area, 4% of the total agreed/market value.INR 30,000 or 1% of the total agreed/market value, whichever is lower.
      Chennai7% of the total market value of the property1% of the market value of the property
      Bangalore5% of the total market value of the property1% of the market value of the property
      Hyderabad5% of the total market value of the property, in case of the sale agreement with GPA. No additional transfer duty to be paid.
      For sale agreement with possession and sale agreement without possession, the charges remain 4% of the total market value of the property
      For sale agreement and GPA, the charges to be paid are INR 20,000/-

      In case of sale agreement with possession charges are 0.5% of the total market value of the property, subject to a maximum of INR 20,000 and minimum of INR 1,000/-
      Pune2% of the total market value of the propertyINR 30,000/- for properties above INR 30 lakh

      1% of the total deal value if the property is below INR 30 lakh
      KolkataIf you are purchasing a property that falls in the Panchayat area, you need to pay 5% of the total market value of the property.
      6% of the total market value of the property if it is under municipal jurisdiction.
      Irrespective of the area the property is situated in, if the overall market value of the property is less than INR 40 lakh, the buyer needs to pay additional 1% stamp duty.
      1% of the total market value of the property, irrespective of the area.

      What is Stamp Duty on Agreements?

      Stamp Duty & Registration Fees
      Stamp Duty

      Stamp duty works like an evidence of a deal closure, therefore, as per Indian Stamp Act 1899, the charges must be paid to measure records and keep transaction tracks. Stamping of agreements ensures its validity and legality, admissibility and enforceability in a court. 

      Under section 17 of the Indian Registration Act, there are certain agreements that if not registered lose their authenticity and thus these agreements compulsorily require to be stamped, as without stamp papers no agreement can be registered. Some of these agreements pertaining to immovable property are:

      1. Sale Deed
      2. Agreement to sell
      3. Gift deed
      4. Lease agreement
      5. Documents that either assign or transfer ownership, a decree or order of court for a minimum value of INR 100 and any sort of immovable property.

      How does Stamp Duty Work with Loans?

      While we are discussing the necessity of stamp duty and the ways to calculate it, you must also plan on the additional expenses, stamp duty and registration fees imposed on your budget as a home buyer, as banks providing home loans do not include these taxes in the evaluation of the property cost. 

      After evaluating the market value of the property you intend to buy, banks only grant upto 80% of the total cost as a loan. Further, each bank has a different method for property evaluation so the total loan percentage you expect to receive depends on the bank you approach. 

      Once you know the total loan amount you are eligible for, you will have to arrange the remaining amount for the transaction as well as for legalities like stamp duty and registration charges.

      Documentation required for Payment of Stamp Duty

      Stamp Duty & Registration Fees
      Documentation Required for Payment of Stamp Duty

      Depending on the type of property you are planning to purchase, you will have to submit a variety of documents during the registration process, to pay your stamp duty. Below-mentioned are dome of the essential documents you, as a buyer will be required to submit at the time of registration:

      • Sale deed
      • Sale agreement
      • If it’s a housing project, society share certificates and society registration certificates (photocopies).
      • Khata certificate.
      • Encumbrance certificate.
      • Tax paid receipts of the last 3 months.
      • In the case of housing projects, NOC from the apartment association is essential.
      • For under-construction property, sanctioned building plan, builder-buyer agreement and possession letter from the builder.
      • If the property you are buying is a land/plot, you need title documents of the land owner, conversion order and records of rights and tenancy corps or 7/12 extract.
      • In case of a joint development property, you would require joint development agreement between the builder and the land owner.
      • For resale properties copies of all registered agreements is essential.
      • If you have any outstanding loan amount do produce your latest bank statements.

      How Stamp Duty Changes with the Type of Property

      Stamp duty is levied irrespective of the type of property you purchase – apartment, villa, under-construction, re-sale, land or a commercial building. Stamp duty is calculated, based on the circle rate (value of the property in a particular region, regulated and published by the government of that state) or the market value of the property, whichever is higher. To be precise, stamp duty is mandatory in all states but the manner it is levied varies from place to place. 

      For example, if you are in Tamil Nadu and you are planning to buy an under-construction property, you will pay stamp duty at the rate of 7% and an additional 4% as registration charges. These rates will be calculated on the market value or the guideline value of the undivided land, whichever is higher.

      Over the cost of construction or the amount you agreed upon in the construction agreement, for building value, stamp duty of 1% and registration charges of 1% is levied. Also, in the case of under-construction property, the buyer needs to pay approximately 5% GST additionally. The GST is reduced to 1% in case of affordable housing. 

      Given that, the stamp duty rate and registration charge is calculated over and above the market price of the property and any fluctuation in the rates may influence the buyers’ purchase decision. However, stamp duty is just an additional 5% to 6% cost that you as a buyer will have to incur beyond the actual purchase price, so even if the taxes are reduced by the government of your respective state, the property prices won’t be reduced magically. Unless builders bring down property prices, especially in big cities like Mumbai and Delhi.

      Consider every aspect that affects your purchase decision, keep stamp duty and registration costs in mind while you calculate the cost of your home or how much you will need to borrow as a home loan. Know your home loan eligibility to ensure a hassle-free and quick loan disbursal process and reduce the chances of loan application rejection. 

      Stamp Duty Penalty Charge

      Stamp duty is a fee that is charged by the government for the transfer of property ownership. When buying a property, one of the biggest costs you’ll incur is the stamp duty. This is a government tax that you have to pay every time you buy or transfer ownership of a property. But what happens when you miss the deadline for paying this fee? That’s where the stamp duty penalty charge comes in.

      Here’s what you need to know about the stamp duty penalty charge:

      • If you fail to pay the stamp duty within the deadline, you’ll be charged a penalty.
      • The amount of the penalty varies from state to state, but it’s usually a percentage of the original stamp duty amount.
      • In some states, the penalty increases over time, so the longer you wait to pay, the more you’ll have to pay.

      But don’t worry, there are ways to avoid the stamp duty penalty charge. One option is to make sure you pay the stamp duty on time. You can also take advantage of tax benefits on stamp duty, which can reduce the amount you have to pay.

      Avoid the fine: How to get the most out of your stamp duty benefits

      Paying stamp duty is a necessary evil when you buy or transfer property ownership. But did you know there are tax benefits you can take advantage of to reduce the amount you have to pay?

      Here’s how to get the most out of your stamp duty benefits:

      • Check the stamp duty percentage in your state: The stamp duty percentage varies from state to state, and some states offer lower rates for first-time buyers or women. (Sources: Indian Government Ministry of Finance)
      • Make sure you pay the stamp duty on time: If you pay the stamp duty within the deadline, you can avoid the stamp duty penalty charge.
      • Know the different types of stamp duties: For example, there is a different stamp duty for sale deed, stamp duty on under construction property, and construction agreement. (Sources: Indian Government Ministry of Law and Justice)
      • Understand the type of property you are buying: The stamp duty for under construction property and stamp duty on purchase of property differ, and it is essential to understand the stamp duty for your specific type of property. (Sources: Indian Government Ministry of Finance)
      • Check the construction agreement stamp duty: This is a separate fee that is applicable on construction stamp duty, its agreements and must be paid at the time of registration. (Sources: Indian Government Ministry of Finance)
      • Ensure you have all the necessary documents for stamp duty registration: This includes your identity proof, address proof, the sale deed of the property, and the sale deed stamp duty, among others. (Sources: Indian Government Ministry of Finance)

      By taking advantage of these tax benefits, you can save money and make the most of your stamp duty payments. 

      Steps to FollowDescription
      ResearchResearch the stamp duty percentage in your state and be aware of any benefits offered for first-time buyers or women.
      TimingMake sure to pay the stamp duty within the deadline to avoid penalty charges.
      BudgetingConsider the stamp duty when budgeting for your property purchase and make sure you have sufficient funds available.
      Seek SupportReach out to a reliable source for information and support, such as NoBroker’s real estate and home loan services.
      Get everything in writingEnsure that the stamp duty and all other expenses related to the property purchase are documented and in writing.
      Keep RecordsKeep records of all payments made towards stamp duty and any other expenses related to the property purchase.
      Ask QuestionsDon’t be afraid to ask questions and clarify any doubts you may have about the stamp duty or other aspects of the property purchase process.
      Plan AheadPlan ahead and be prepared for the stamp duty and other expenses related to the property purchase.

      Note: The table is a general guide and the specific rules and regulations regarding stamp duty may vary from state to state. And with NoBroker, you can simplify the entire stamp duty registration process and ensure that everything is done on time, without any hassles.

      Importance of understanding Stamp Duty in India: A guide to a seamless home buying experience with NoBroker

      Stamp duty in India is a significant aspect of home buying and home loan procedures that every home buyer must consider. Understanding the stamp duty penalty charges, and tax benefits on stamp duty, is crucial in ensuring a smooth and stress-free home buying experience. By following the above-mentioned steps, you can avoid stamp duty penalty charges and take advantage of the tax benefits offered on stamp duty.

      Moreover, with the help of NoBroker, you can rest assured of a seamless and cost-effective home buying experience. We offer a range of services including property search, home loan assistance and end-to-end property management services to ensure a smooth and stress-free home buying experience. We have a team of experts who can guide you through the entire process, right from property search to home loan assistance and beyond. With NoBroker, you can be rest assured of getting the best deal, without any hidden costs or brokerage. So, don’t wait any longer, visit our website today and take the first step towards your dream home.

      Frequently Asked Questions

      Q1: What is stamp duty in India?

      A1: Stamp duty is a tax imposed on certain types of documents in India. It is payable when documents are executed, transferred or received. Stamp duty is imposed on the transfer of properties, shares, contracts and other documents.

      Q2: How is stamp duty calculated in India?

      A2: Stamp duty is calculated based on the value of the property or transaction at the time of transfer. The rates of stamp duty vary in each state.

      Q3: What documents are required for stamp duty payment in India?

      A3: The documents required for stamp duty payment in India include the sale deed, stamp paper, registration charges and other related documents.

      Q4: What is the difference between stamp duty and registration charges in India?

      A4: Stamp duty is a tax imposed on certain documents, while registration charges are the fees paid to the government to register the document with the concerned authority.

      Q5: Are there any exemptions to stamp duty in India?

      A5: Yes, there are certain exemptions to stamp duty in India, such as transfer of property between family members, transfer of agricultural land, or transfer of property under a court order.

      Simple Introduction to Indian Property Tax

      Simple Introduction to Indian Property Tax

      In India, the property is considered a source of revenue. This is why, just as you pay income tax, you also need to pay property tax to the government. The property that is taxed includes buildings or land attached to these buildings. These buildings could fall under 3 categories-

      • Residential houses
      • Offices
      • Factories
      Indian Property Tax For Different Buildings
      Indian Property Tax For Different Buildings

      What happens to land that that is left vacant you ask? Well, they don’t fall under the property tax bucket. This doesn’t mean that they don’t get taxed, rather they are taxed for incomes from other sources. Property that belongs to the government and foreign mission properties are not taxed as well.

      How Property Tax is Calculated 

      Property is vastly different in each region of the country, this is why the government puts local bodies, such as Municipal Corporations in charge of the local tax.

      • The state decides the amount to be paid based on various factors such as:
      • The basic value of the property (this forms the base amount of the tax)
      • The size of the property
      • The location of the property
      • The occupancy status of the property
      • The covered area and quality of construction of the property
      Tax on house size
      Property Tax Calculations

      Steps To Calculate Your Property Tax

      It might seem like a scary and daunting task to try and calculate your property tax, but honestly, it’s not! Just try and stick to the basics and you’ll be just fine.

      First you need to figure out the value of your property (land+building).

      Second try and figure out the estimated property tax in your area by your municipality.

      Third, if you’re a senior citizen you might get a few exemptions, talk to your local tax authorities to find out other possible deductions that you could be eligible for. Each state has a simple online portal that makes property tax payment simple and hassle-free.

      If you’re looking to buy a new home trust NoBroker to help in the right way, click below to find the perfect house for you. Remember paying your property tax is mandatory and if you don’t, it could lead to serious punishment by your local authorities.

      Stamp Duty, Registration of Leave, License Agreements

      Stamp Duty, Registration of Leave, License Agreements

      People residing in Leave and License accommodations don’t usually have bills, electricity bills, telephone bills or water bills issued in their names as it is in the name of the owner of the premises. As a result, most migrants find it difficult to furnish proof of local address. A Leave and License Agreement once registered can be used as a proof of residence for the occupier in addition to proving the legitimacy of one’s Licenseeship. It is important to know the stamp duty on leave and license agreement, so as to avoid unnecessary dues.

      What is a Leave and License Agreement?

      A leave and license agreement or a leave licence agreement is a legal instrument that allows one party to allow another to use their immovable assets, such as property, for a fixed length of time without changing the asset’s ownership. In India, landlords and renters frequently employ leave and license agreements, particularly in the rental housing sector. However, in the commercial real estate sector, lease agreements are more typical. Leave and license agreement charges are payable as per the rules of the government. 

      Rights of the Tenant – To use the premises for a certain purpose in accordance with the terms of the agreement.

      Leave and License Stamp Duty Calculator

      The stamp duty on rental agreements consists of a flat charge of 0.25% of the total rent for the time that must be applied to all leave and license agreements. It’s worth noting that the stamp duty rate is the same for both residential and commercial properties for a period of up to 60 months.

      Given below is the Leave and license agreement stamp duty aka rent stamp duty calculator –

      The stamp duty for leave and licence agreement is calculated for 12 months, regardless of the length of leave and licence, and includes any advance rent paid or to be paid, as well as any deposit paid or to be paid, with or without interest. (The calculation is the same whether the licence is for one month or 60 months.)

      Make sure you are informed of the stamp duty on leave and license agreement, so as to avoid any unnecessary dues. 

      How Does one Calculate the “Stamp Duty” Payable?

      While registering a Leave and License Agreement for stamp duty, it is necessary to pay certain amounts as “Registration Fees” and “Stamp Duty” to the Registrar of Assurances which is a State Authority.

      In accordance with the prevailing laws, the following formula can be used to calculate the stamp duty payable on a Leave and License Agreement (For a term not exceeding 60 months including a renewal clause):

      • License Fee per month x Number of months = [A]
      • 10% x Refundable deposit x Number of years of the agreement = [B]
      • Non-refundable deposit / Advance Licence Fee = [C]
      • Total economic value subject to Stamp Duty = [D] = [A] + [B] + [C]
      • Stamp duty = E = 0.25% x D

      Clearly, the higher the monthly Licence Fees and deposit, the higher the stamp duty.

      However, should the Leave and License Agreement be for a period exceeding sixty months (with or without a renewal clause, the valuation of Stamp Duty payable would differ substantially, in accordance with prevailing laws and the adjudicated value of the property.

      Read: The Ins and Outs of Purchasing Your First House with Section 80EE

      Registration of Agreement

      The law does not prescribe any minimum or maximum period for which a license may be granted. A Leave &amp; License Agreement for a term below a period NO BROKER – II – 30.9.2019 of one year, while not mandatory (except in the State of Maharashtra), is highly recommended to be registered.

      By virtue of an Instrument or Deed, which by itself does not create any Right, Title or Interest in an immovable property does not require registration.

      Read: Sales Deed Vs. Sale Agreement, What Do You Need?

      Leave and Licensing agreement for Mumbai and Maharashtra – As per the laws on stamp duty on leave and licence agreements in Maharashtra, any agreement for leave and licence or letting of any premises entered into between the landlord and the tenant or the licensee, as the case may be in writing and to be registered. You may visit the Leave and Licence agreement main page of the Online filing portal of the Government of Maharashtra to learn more.

      Read Everything You Need to Know About Maharashtra Land Records

      Besides, the responsibility of getting such agreement registered shall be on the landlord and in the absence of the written registered agreement, the contention of the tenant about the terms and conditions subject to which premises have been given to him by the landlord on leave and licence or have been let to him shall prevail, unless proved otherwise.

      Note: All calculations are done with Mumbai as an example, consult your state authorities for the prevailing statutory dues payable in your state.

      Leave and License Agreement Format

      This rent agreement is made on this __________ (date) by ________________ (name of the landlord) S/o _______________ (father’s name of the landlord), Address: ___________________________________________________ (residential address of the landlord). Hereinafter called the Lessor/Owner, and first party

      AND

      _____________________________ (Name of tenant), called lessee/tenant, or second party

      The expression Lessor/Owner and the Lessee/Tenant shall mean and include their legal heirs successors, assigns, representatives etc.

      Whereas the first party is the owner and in possession of the property No: _______________________________________________________________________________________________ (address of rented property) and has agreed to let out the said property to the second party for a monthly rent of Rs. ______/- (in words) per month.

      Now This Rent Agreement Witness as Under:

      That the second party will have to pay Rs. ______/- (in words) as monthly rent, which does not include electricity and water charges.

      That the second party shall pay one month rent in advance to the landlord that would be further adjusted in the monthly rent.

      That the second party shall pay the water and electricity charges on the basis of the consumption to the landlord/owner.

      That the second party shall not lease the property to a subtenant under any circumstances without the consent of the owner/landlord.

      That the second party shall follow all the rules and regulations, and by-laws set by the local authorities in respect of the leased property and will not get involved or do illegal activities on the leased property.

      That this rent agreement is granted for a period of eleven (11) months starting from ___________, and this contract can be extended further with the mutual consent of both parties.

      That the second party shall not be permitted to do construction in the rented premises. Besides, he/she could do the installation of temporary decoration, wooden partition/cabin, air conditioners etc. without seeking the permission of the landlord.

      That the second party is not allowed to make any alteration in the rented property without the written consent of the owner.

      That the second party will have to allow the landlord or his authorized agent to enter into rented premises for its inspection or general checking for any repair work if needed.

      That the second party shall keep the premises clean.

      That the second party shall bear the cost of day-to-day minor repairs.

      That this contract/agreement could be revoked before the expiry of this tenancy period by serving a one-month prior notice.

      That both the parties have read and understood this agreement and have agreed to sign the same without any pressure from any side.

      In WITNESS WHEREOF

      The landlord and the tenant have hereunto subscribed their hand at ______ (place) on this the _____________ (date of rent agreement) year first above mentioned in presence of the following witnesses.

      Witnesses:

      1.

      2.

      ___________ (name of the landlord) _________________ (name of the tenant)

      Lessor                                                                                   Lessee

      Differences Between Lease and Leave and License Agreement

      • Unlike a leave and license arrangement, a lease develops an interest in the property.
      • A lease gives a renter exclusive possession of the property, but a leave and license arrangement just allow them to occupy it.
      • Leases are not revocable, whereas licenses are.
      • The grantor does not choose the terms of leases, but the grantor does determine the terms of licenses.
      • Leases can be transferred, while licenses cannot.
      • Unlike licenses, a lease creates inheritable rights.

      Stamp duty on leave and license agreement are payable at least amount and then varies according to the type and size of the property. The above article gives you all the information about the Leave and license agreement and how you need to go about it. Looking to move to a new house? NoBroker offers the best assistance at the best rates. Drop a comment down below and our executive will be in touch with you.

      FAQs

      Q1. Is a leave and license agreement the same as a lease?

      Ans. A leave and license agreement differs from a rental or lease agreement in that it is controlled by the Indian Easement Act, 1882.

      Q2 What does the term “leave and license agreement” mean?

      Ans. A Leave and License arrangement gives the Licensee permission to occupy the licensor’s property, which would be illegal without such authorization.

      Q3 Why is there an 11-month leave and license agreement?

      Ans. A rental agreement must be registered under the Registration Act of 1908 if it is for a term of more than 12 months. As a result, leave and license agreements are normally for 11 months to save stamp duty and registration fees.

      Q4 What is the maximum period of leave and license agreement?

      Ans. The leave and license agreement – the maximum period is 60 months.

      Q5 What are the leave and license agreement registration charges?

      Ans. For first-time registration, the leave and license registration fees are Rs. 1100.

      Q6: What is the leave and license agreement meaning? 

      A Leave and License Agreement is a legally binding document that allows a licensor to temporarily grant the right to use their property to a licensee for a specified period. It outlines the terms and conditions of the agreement, such as the duration of the agreement, rent amount, and other relevant clauses.

      Q7: Can I create a Leave and License Agreement online? 

      Yes, you can create a Leave and License Agreement online. Many online platforms offer customizable templates that you can fill out and download as a PDF. You can also choose to have the agreement e-signed for added convenience.

      Q8: What are the disadvantages of Leave and License Agreement? 

      Some disadvantages of a Leave and License Agreement include:
      The licensee does not have any legal ownership or right to transfer the property to another person.
      The licensor may not be able to sell the property during the agreement’s duration.
      The licensor may not be able to evict the licensee easily if they violate the terms of the agreement.

      Q9: Do I need a stamp paper for leave and license agreement? 

      Yes, you need a stamp paper for a Leave and License Agreement. The amount of the stamp paper depends on the state where the agreement is being executed. In some states, the stamp duty for a Leave and License Agreement is fixed, while in others, it is a percentage of the rent amount.

      Q10: What is the difference between leave and license agreement vs rental agreement?

      A Leave and License Agreement grants the licensee temporary permission to use the licensor’s property for a specified period. In contrast, a Rental Agreement creates a tenancy relationship between the landlord and tenant, where the tenant has a right to occupy the property for a more extended period, and the landlord cannot evict the tenant without following the due legal process.

      Q11: Can I register a Leave and License Agreement online? 

      Yes, you can do an online registration of leave and license agreement through the government’s e-registration portal. All you need to do is create an account, fill out the necessary details, pay the applicable fees, and schedule an appointment for biometric verification. Once the verification process is complete, you will receive a registered copy of the agreement via email.

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      7 thoughts on “Supreme Court Verdict on Society Maintenance Charges”
        1. Maintenance charges are the operating charges levied on residents of a housing society. The residents or owners of a particular property in an area are charged for the maintenance of a commonly owned property area

      1. per RERA, The cost of such maintenance for 1 year from the date of completion certificate has been included in the total price of the apartment.
        what does that mean by? allottee does need to pay anything for 1 year?

      2. 1. Is it fair for all residents where flats sizes are between 500 sqft – 4000 sqft to opt for Equal maintenance fees??

        2. Hybrid method: The maintenance charges are split into two. One part includes common expenses, and the other part includes area-based charges

        What all line items can be split here in two different categories?

      3. Hello,
        The Title of the article states that it has been derived from Supreme Court Verdict. Please mention which SCC (Supreme Court Cases) it is ?
        Citation, Year, Name of the Party, Act involved,etc Mention the case detail in short.
        Thank You.

      4. Can one time maintainanc charges for 2 years be made compulsory! Can Society charge heavy late fee on onetime maintain charges not paid for 2 years in advance
        , if so, how much late fee the member is liable to pay?

      5. If association is following 1963 apartment act,
        Can they raised any thing other than maintenance?
        Is painting of common area or whole building be raised as separate invoice?

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