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Real Estate Forum on Stamp Duty Hike In Noida

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Noida and Gr Noida Development Authority is going to implement 2% stamp duty hike.
Latest Answer: Hi Friends!!!! Noida Authority is intentionally delaying to issue notification to register maximum deeds. On the other hand, developers are saying that hike will negatively impact real estate in Gautam Buddha Nagar.
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Q: The step has been taken to take some load off the staff who are working till late in the night.
Latest Answer: That's great Jitu.... Those who have registered their property in Noida, they know it very well that getting a property registered is a 3-step process which includes getting the possession papers from the builder representative, then submitting it to the Authority officials who verify the papers and decide the stamp duty fee after executing a registry deed and then finally getting it registered with the stamps and registration department officials after paying the fee. The whole process takes place in the registry office in Sector-33.
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Q: In most societies buyers are required to run after builders to tell them details about the stamp duty and other charges.
Latest Answer: Hi Folks, I had bought my stamp papers but could not register my flats owing to the delay in obtaining the occupation certificate. I paid my stamp duty in October 2015 after the builder got the completion certificate in September 2015. But still my registry is not done and I had to run after them to meet the March deadline.
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Q: What is Basis of calculation of Stamp Duty and Registration Charge to be paid for registration of Flat in Noida. Is it affected by current Circle Rate or is it % of Sale Deed signed while Buying the Flat.
Latest Answer: Hi friends!!! Good news for Noida residents as state govt. has decided to four-month relief on stamp duty hike to homebuyers in Noida. Homebuyers whose papers are cleared by the NOIDA Authority before April 1 will get a four-month extension to get their properties registered. The four-month grace period will be given only to homebuyers who execute a registry deed with the Authority by April 1st.
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Q: Hi..what are the revised Stamp and registration charges in Uttar Pradesh ?
Latest Answer: Hi friends!!! Good news for Noida residents as state govt. has decided to four-month relief on stamp duty hike to homebuyers in Noida. Homebuyers whose papers are cleared by the NOIDA Authority before April 1 will get a four-month extension to get their properties registered. The four-month grace period will be given only to homebuyers who execute a registry deed with the Authority by April 1st.
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