Q: Hello sir I want to know that i am planning to buy commercial property in Mohali / Zirakpur , What are the registeree Charges/ Stamp duty and other changes
Hi Sanjeev,
The UT administration revised collector rates in the city after three years. The new rates will be applicable from January 2.
The rates have been reduced in Industrial Area by 20% and up to 10% in residential areas with creation of three new zones. The rates of commercial property have also been reduced by 10% in Sectors 17 and 22, sub-city centre-34, Madhya Marg and the dividing road of Sectors 34 and 35.
For more details on it check this link it will help you a lot http://www.hindustantimes.com/punjab/ut-admn-slashes-collector-rates/story-GQRSGXD4Xa15Z1vjsSksDN.html
Hi Sanjeev, The ongoing slab for stamp duty is 6%,7% and 8% (female,joint and Male)+1% registration charges. Pls. check link for better right hand information http://chandigarh.gov.in/citizen_regprop.htm