Real Estate Forum on Property Tax in Goa

Latest Answer: It can only be done if you have substantial proof to claim your inheritance. Documents required for the change of name in inherit property are an Affidavit, an affirmation of facts (death certificate of your mother), a photocopy of the birth certificate of urs, a copy of your identity proof - PAN Card, Rational Card, Aadhar Card, Passport, Driving License, and Voter Identity card.

Latest Answer: Yes, the above given rate is correct and for Housing Co-operative society, it is 3% as stamp duty and 1.5% as registration charges.

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: 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: 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?!

Latest Answer: Thanks raj for sharing this link, now I can understand how to calculate ST. I really appreciate your posting..

Latest Answer: Plz let me know the Registartion fee & if any other fee for Purchase of Flat in Goa