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Real Estate Forum on Buying A Resale Flat

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Q: Hi .

Wanted to know the different types of taxes a buyer has to pay while buying a resale flat in Mumbai ( Kandivali-W)

Have listed down few ...


1) 5% stamp duty
2) Registration fee of 1%
3) Transfer fee
4) Local body tax of 1%
5) Service tax of 3% ( not applicable for resale )
6) MVAT of 1%( not applicable for resale )


Can anybody confirm on the same
Latest Answer: Hi all, Resale might require dealing with some mandatory expenses like registration fees, stamp charges, transfer fees, utility transfer fees and real-estate agent fees among many others.
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