It is our endeavor
to bring before you, accurate details on incidental expenditure you will
incur on property transactions. We hope this will serve to give you a
true indicator of the different issues involved in such deals and help
you make an optimal choice.
On purchase of property the government has imposed stamp duty charges.
Additional to that, in a registered society, transfer charges are applicable,
approximate figures are mentioned below.
Expenses
for Sale Transaction
| Commercial Property | |
| Stamp Duty | 5 % of the Purchase Value |
| Registration Fees | Up to Rs. 30,000/- |
| Society transfer fees | 0.5% to 2% of Purchase Value (Approximately) |
| Residential Property | |
| Stamp Duty | 5% of the Purchase Value |
| Registration Fees | Up to Rs. 30,000/- |
| Society transfer fees | 1% to 3% of Purchase Value (Approximately) |
  
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