Ganesh, Apartment Resident, Pune
Q: I am in process of buying a resale 2 bhk flat in PMC area, can anyone please tell me if LBT is applicable on sale deed executed after 1st april 2013 for resale flats. If yes what is the percentage of the same

My replies to this discussion
Thanks for your reply, it is very disheartening to shell out 1% extra for a matter of one week delay :( Can anyone please help me with documents required for change of name in property tax records (PMC area). If any NOC is required please let me know the format of same.Thanks for your reply, it is very disheartening to shell out 1% extra for a matter of one week delay :( Can anyone please help me with documents required for change of name in property tax records (PMC area). If any NOC is required please let me know the format of same.
My comments to replies
Yes. You will have to pay one percent extra stamp duty. I confirmed it with registrar's office today. Before 1st april, it was 5% on the agreement value now it is 6% (including 1% lbt).
Thanks for your reply
5th April 2013

i hve purchased 2bhk flat in kharadi pune. I have done agreement to sell on 1st march 2013. At that time i paid all stamp duty and registy charges. .n0w tomoroww on 26th april i want to do sale deed of property. .n0w they are demanding 1% LBT . .is that applicable as i already paid all charges. .plz reply asap . .its very urgent. .thx in advance.
yes....the advocate throgh which i got the sale deed done, told me that even if you had paid all the stamp duty money before 1st April ypu have to pay extra 1% of as the sale deed is executed ain front of registrar after 1st April...
25th April 2013
these ppl only know better, how yo suck money from common man... :(
25th April 2013

Vivek, I agree with you.. I would suggest you to visit the the PMC office or local ward office under whose jurisdiction your property comes and you can get all the forms and detailed procedure as per your needs.
Thanks for your reply
5th April 2013

Documents required are: Proof of Ownership of property by new owner (either registry or will), Affidavit with photograph from new owner attested by executive magistrate requesting the change of ownership, Copy of House Tax Assessment Notice/House Tax Receipt, Certified Location Map (clearly indicating location of property), Identity Proof (2 different Identity proofs are needed), Attested Copy of passport size photograph, and No Objection Certificate(if required).
NOC (if required) -- Please let me know in what scenario NOC is requried and from whom
5th April 2013
and format of same
5th April 2013

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