Q:Can you please provide me information regarding the stamp duty for a registered lease deed agreement, duration 5 years in Ahmedabad? Is the stamp duty same for both either purchasing property OR leasing property?
Latest Answer: Hi Saurabh,
For lease deed fees, you have to pay Rs.100, Stamp duty will be 1 percent on the total amount if you are leasing below 30 years and Registration charges, you have to pay 1 per cent subject to a maximum of Rs.20000.
Latest Answer: You are right Vasanth,
The draft rule also makes it mandatory for builders to use units and symbols of measurements prescribed in Legal Metrology Rules 2011. No weighing or measuring instruments except those specified by Legal Metrology Rules 2011 shall be used for measurements. Such instruments shall be periodically verified as required under the new Act.
It s also notable that now builders can't advertise apartments in terms of square feet as has been the standard practice in the construction industry.
