Q:have some doubts regarding the property I am buying :Background : Guidance Value of the area is 2130/- per sqft , but my actual sale cost is Rs 3500/- per sqft . I am planning for a 6th floor apartment (Area :1340 sqft). Its a ready to move in property and only amenities is being installed in the property as of now .Car Parking : Rs 200000Amenities: 1,50,000Questions :a) Will the Stamp Duty,Registration be calculated on the Actual Sale Cost or the Guidance Valueb) What % of the total cost of amenities will be used to calculate the Stamp Duty and Registration .c) Will aspects like (Electrical Works/Advance Maintenance/Cost Of Power Backup) be a part of amenities .d) As this is Ready to Move in Property (all blocks are completed except for landscaping and some amenities) , is the builder correct to charge Service Tax and VAT for the same .Requesting your views on the same .
Latest Answer: They said construction of project will be complete by July 2016. Their projects are decent and I like it. But, I read somewhere that the land on which the project is is under litigation. Is this true? Has someone done the verfication. Also, SBI has not approved loan.. Anyone knows what is the issue? Thanks..
Q:I am discussing with a new builder for a flat, i need to verify the papers with lawyer, however the builder says i need to give them post dated cheque in order to get the copy. Is this standard process. I am first time buyer
Latest Answer: Hi, Thanks. This is the first project of the builder, others are still being developed. This property is in hosur road. The builder has power of attorney from the land owner. Is this aspect a problem. They proposed to check documents after submission of post dated cheque.
Q:Hi friends,I am planning to purchase one BDA approved plot.Legal verification of the property is done and will be doing the sale agreement next week.I would like your opinion whether I should take help from an agent for property registration and khatha transfer.In many online forum, it is said we can do it without much hassle, But I am a non kannadiga, and my kannada knowledge is 2 on a scale of 1 - 10 :?The agent is asking for huge amount for getting it done, he says this inclused all like agreement, writing charges, khtha transfer(including under the table payments) not including the stamp and registration charges.The property tax is payed up to date, all the documents are up to date, and I am registering for the exact amount I am purchasing.Kindly give your opinion / experience.Thanks.Albin
Latest Answer: Hey, If everything is in place you can go ahead with the registration process and Khata transfer. If you want you can definitely take help from your legal expert in this matter.
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