How to calculate registration cost of a resale property in Chennai?

Q: What is the registration cost for a resale property worth Rs.75 lakhs in Chennai after GST implementation?

Uday kumar, Chennai

14th August 2018

Property Tax in OMR, Chennai

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registration cost of a resale property after gst

property registration in chennai

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Also, remember that here, the market value of the property refers to the guideline value that is the decided by the government. This value depends on the zone where the said property exists.

Ram Gopal, Chennai

28th August 2018

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Registration charge for a resale property is 1 percent of market value or the agreement value of the property. The stamp duty that will be levied on the same is 7 percent. So, the registration charges of the resale property in Chennai will be Rs.75000 as registration charges and Rs.525000. Therefore, you have to pay Rs.600000 as registration cost for a resale property.

Uday kumar, Chennai

28th August 2018

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