Real Estate Forum on Stamp Duty In Goa

Latest Answer: Hi, Stamp Duty in Goa, Daman and Diu are 8% of consideration. 1) Where the amount or value of the consideration for such conveyance as set forth therein exceeds Rs. 600 but does not exceed Rs. fifty lakhs, the stamp duty shall be 3%. 2) where the amount or value of the consideration for such conveyance as set forth therein exceeds rupees fifty lakhs but does not exceed rupees seventy-five lakhs, the stamp duty shall be 3.5%. 3) where the amount or value of the consideration for such conveyance as set forth therein exceeds rupees seventy-five lakhs but does not exceed rupees one crore, the stamp duty shall be 4%. 4) Where the amount or value of the consideration for such conveyance as set forth therein exceeds rupees one crore, the stamp duty shall be 4.5%. Registration charges is almost same in all state i.e 1% of the property cost.

Latest Answer: It is mandatory to pay stamp duty as per the stamp duty valuation fixed by the Registrar of your area under the stamp duty act of your state. Currently, stamp duty is 7% and registration Charges are over & above Stamp Duty and is levied @ 1% of Total Property Value as per sale deed.

Latest Answer: Hi. I am buying a Villa in Goa in a gated community hence please advice the below: 1) Whether the sale deed should mention the Built up or the Super Built up area. And should the monetary value mentioned on deed thereof be super built up or built up. 2) Also pls advice if Stamp Duty and Registration is payable on Built up or Super Built up area. Thanks

Latest Answer: But after sale of agreement comes sale deed how much is stamp duty and registration charges.

Latest Answer: Yes, and in order to provide relief and to protect the interest of the members of the Co-operative Housing Society, Goa Govt. has proposed to rationalize the stamp duty in favour of Co-operative Housing Society to pay only 0.6% stamp duty to the members or purchasers of units, who have already executed the agreement of sale as per the Stamp Act.

Latest Answer: Hi Santosh, Registration fees and Stamp Duty in Goa for a sale deed amount of up to 50 lakh, the government charges 5.5% i.e.3.5% as stamp duty and 2% for registration charges.

Latest Answer: HI Martha, You can visit this site for refund of Stamp Duty. Copy this link and open in new tab, you have to fill up this application form for refund of your stamp duty. https://appl1igr.maharashtra.gov.in/refund/RegisterRefund.aspx?query=1

Latest Answer: Thanks friends for your info, which is of great help! However, as Sankalp says, I think we will hire a local lawyer. Just hoping the procedure of transfer does not take too long though, I hope 2 weeks to will be more than sufficient for the entire process?!