Q:I have purchased an apartment on 10th floor in Jodhpur. The total agreement is for around 30lakh on which I also got a loan of around 25lakh. I, now, have to get the property registered and I have some questions:1. Do I have to pay the stamp duty and registration on full 30 lakh or as per the DLC rates. Some websites say that it has to be on market value (DLC rates) or agreement value, whichever is higher. But the fee structure on rajasthan govt website (http://igrs.rajasthan.gov.in/writereaddata/Portal/images/pdf/fee-structure-eng.pdf) does not have this "or higher" clause.2. In the 2016 budget there was a clip in newspaper that this year the charges will be calculated on 40% of DLC rates for those having flats above 2nd floor. Will it be applicable in my case?Thank you for considering my question.
Latest Answer: Hey Gaurav, I am sharing few links with you regarding the stamp duty and registration changes in Rajasthan. Hope that helps you to some extent.
1) https://www.commonfloor.com/forum/535f716ec5481-stamp-duty-and-registration-charges-in-rajasthan
2) http://igrs.rajasthan.gov.in/writereaddata/Portal/images/pdf/fee-structure-eng.pdf
