Q:My flat is valued at 28,85,115/- and is located in Phulnakhara, Cuttack. Could someone please help me with a breakup of costs involved in registration? (Stamp Duty, Registration, Service tax, any other taxes etc..)
Latest Answer: HI,
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 in Odisha is 7% and Registration Charges are over & above Stamp Duty and is levied @ 1% of Total Property Value as per sale deed.
Q:A company sold me a plot to build a house on as residential land, and I have had it for six years. I did a patta on it, and they are asking for more money to convert it from agricultural land to residential land.
