Q:Hi Recently I purchased Flat in gollapudi Near to Vijayawada i.e 35lakhs.What is the procedure of Registration and Cost of Registration ..Please Give me full Information....
Latest Answer: Yes, as per revise rates, stamp duty on all transactions will be increased to 5% from the current 4% and land registration fee, which is pegged at 0.5% of the market value, is to be doubled to 1%. All deeds executed between family members will attract a 2% fee as against the present 1%. Other deeds, including settlement, transfer and mortgage are to be subjected to higher fee ranging from 2 to 4%.
