what is stampduty in chattisgarh for executing equitable mortgage in favour of a bank securing a business loan?

Parmeswar Tandia,

22nd December 2014

Legal in Raigarh

stamp duty and registration fees

stamp duty

stamp duty in chattisgarh

stampduty for equitable mortgage

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Not required to execute any deed or document for creation of mortgage by deposit of title deeds. The Bank generally ask for declaration of director for the creation of the mortgage. In loan agreement it is not required to mention that how the mortgage will be created. If you mention in loan agreement that the mortgage will be created on immoveable property to secure the laon amount than it is sufficient.

Praveen P, Delhi

23rd December 2014

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Hi,
Stamp duty for executing equitable mortgage for both inside/outside the MC area will be Rs. 0.25% for male, 0.25% for female, 0.25% for joint as equal share. And registration fees will be same as sale deed.

Dinesh K, Bhiwadi

22nd December 2014

Comment

Hi,
The revised stamp duty and registration charges for 2014 in Chattisgarh is as follows:
Stamp duty: 7.50%
Registration charges: 1%

The Registration & Stamp Duty is calculated on the total price of the property plus Car Park, Club House, Electirc Deposit Charge, etc.

Preeti J, Greater Noida

22nd December 2014

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