The flat registration charge is the charge levied to register a property under the government. After buying a property, I came to know about the flat registry charges in Ghaziabad in detail. It is 1% of the total value of the property. This rule is levied in Ghaziabad only and is different for other states.
What are the Ghaziabad Flat Registry Rates?
The flat registry rate in Ghaziabad is the same for all, men or women. It is 1% of the total value of the property. So suppose you have bought a property worth Rs 50 lakh, you will have to pay Rs 50,000 as the registration fee. Along with this, stamp duty is also to be paid. Stamp duty, however, varies by gender in this city. Men owners have to pay 7% of the total property value but women have to pay 7% of the property value minus Rs 10,000. So a man will pay Rs 3,50,000 as stamp duty for a 50 lakh property, but a woman will pay Rs 3,40,000 for the same valued property. Here are some important points about the importance of registration charges for a property:
Registration charges are compulsory under Section 17 of the Registration Act of the Indian Constitution.
Documents of ownership must be presented in front of the Gazette official as ownership proof.
This registration fee is based on the market value or sale value of the property (whichever is more).
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What is Flat Registry Charges in Ghaziabad?
Manika
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February 29, 2024
2024-02-29T08:21:57+00:00 2024-02-29T08:25:54+00:00Comment
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