Stamp Duty on Lease agreements in Lucknow

Q: If we do the register lease agreement for 30 years and lets assume average monthly rental is Rs 10 Lakhs. How much will be the stamp duty attracted in this case?
Also how to calculate stamp duty on agreements which work on revenue sharing model?

Regards

Saurabh Sharma, Apartment Resident

10th August 2012

Locality Review in Lucknow

lucknow

stamp duty and registration fees

lease to mnc

Follow Discussion

Also see discussions for

Lucknow Locality Review Locality Review in Lucknow

Replies (5)

Saurabh, I think this land is a commercial property. So you have to know the stamp duty charges for commercial land.

Ranjith, Bangalore

14th August 2012

Comment

Hey Kiran, I am giving you the link of an article which I had read recently- ‘Real estate lease registration should be made mandatory’ .

vijay, Kolkata

14th August 2012

Comment

One has to pay for the stamp duty at the prevailing circle rates
for eg- if the constructed area for an apartment in Gomtinagar extension was 100 sq mts, you would have paid a stamp duty of around Rs 1.5 lakh even a year ago. Now, with the circle rates getting revised, an allottee will be paying over Rs 1.8 lakh in the form of stamp duties. Stamp duty increases in accordance with the constructed area.

Manish, Mumbai

14th August 2012

Comment