Property Tax, stamp duty on registration of flat in Udaipur
Q: The cost of 2bhk flat is is 25lacs. What will be stamp duty, property registration fee, and other govt taxes? What will be the house tax, water tax and taxes lived by municipal
Hi, In a bid to provide relief to the common man in payment of stamp duty and registrations fees on the documents like sale agreement and the power of attorney during sale-purchase of properties, Chief Minister Vasundhara Raje in her budget also sought to reduce the stamp duty on these documents from 3 and 2 per cent to 0.5 per cent respectively. She also sought to slash the registration fees from 1 per cent to 0.25 percent with a cap of Rs 10,000 on the two documents, namely sale agreement and the power of attorney.
Yes, as per the revised policy one has to pay 3% as a stamp duty and 0.25% as registration charges. For more detail, you can also visit http://igrs.rajasthan.gov.in/writereaddata/Portal/Images/fees_new.pdf