Q:
When will the Real Estate Regulation Bill to be passed? Will it provide any relaxation to a common man?
My replies to this discussion
"All's Well That Ends Well" is a Idioms that suited this market perfectly. It is true that the bill can help farmers but at the same time it will not harm the real estate sector or developers if it is handled in a right manner."All's Well That Ends Well" is a Idioms that suited this market perfectly. It is true that the bill can help farmers but at the same time it will not harm the real estate sector or developers if it is handled in a right manner.
Q:
What are the present property registration and stamp duty charges in Goa?
My replies to this discussion
Yes the above user has pretty much answered the question in totality. As of today the Stamp Duty and registration charges for property in Goa are currently a total of 4% of the total value of the residential property. To avoid any unnecessary hassles I advise you to be personally present in Goa for signing the Agreement of Sale and Sale Deed and registration of these legal documents. However if this is just not possible, you may appoint a Power of Attorney to sign and register the documents on your behalf.Yes the above user has pretty much answered the question in totality. As of today the Stamp Duty and registration charges for property in Goa are currently a total of 4% of the total value of the residential property. To avoid any unnecessary hassles I advise you to be personally present in Goa for signing the Agreement of Sale and Sale Deed and registration of these legal documents. However if this is just not possible, you may appoint a Power of Attorney to sign and register the documents on your behalf.
Q:
What are the good projects to buy villa in North Goa?
My replies to this discussion
You have not mentioned your budget so it is hard to suggest you good projects in North Goa as far as Villas are concerned. As a thumb rule Villas in North Goa are expensive compared to other regions especially South Goa. There is not much of a difference in carper area or construction material but it’s the price one pays to live away from the crowded settlements of Southern Goa. Horizon land developers and Mathias Group are good local developers that may offer budget villas while go for pan India developers if you are looking at luxury villas. Also note that Goa’s Coastal Regulatory Zone (CRZ) guidelines have banned any construction within 500 meters from the coastal high tide line; villas located in this area demand a premium price due to their privacy quotient.You have not mentioned your budget so it is hard to suggest you good projects in North Goa as far as Villas are concerned. As a thumb rule Villas in North Goa are expensive compared to other regions especially South Goa. There is not much of a difference in carper area or construction material but it’s the price one pays to live away from the crowded settlements of Southern Goa. Horizon land developers and Mathias Group are good local developers that may offer budget villas while go for pan India developers if you are looking at luxury villas. Also note that Goa’s Coastal Regulatory Zone (CRZ) guidelines have banned any construction within 500 meters from the coastal high tide line; villas located in this area demand a premium price due to their privacy quotient.
Q:
Hi can you please share the details about Palolem Hills Project in Goa? Is it worth investing?
Q:
Good news for property buyers! The Union Cabinet has approved the Real Estate Development and Regulation Bill along with certain key amendments.
Q:
What is the current residential property rate is going on in Andheri East?
My replies to this discussion
Hi Puneet,
Can you give me the exact location and details of the property? What is the current rate per square foot they are quoting?Hi Puneet,
Can you give me the exact location and details of the property? What is the current rate per square foot they are quoting?
Q:
Now a day most of the newspaper is come up with the article that goa is good option for second investment purpose? Is it true really?
My replies to this discussion
Hi, It is true that current trend is sifting for second home search and only one name come these day GOA, which give investment return as well as weaken outing.Hi, It is true that current trend is sifting for second home search and only one name come these day GOA, which give investment return as well as weaken outing.
Q:
they are not releaseig my original document as the seller has not paid the tax. how can i get my documents as this is mot my problem. i have paid stamp duty and registration.
My replies to this discussion
Hi, I think before going to any agreement, it is necessary to check all the document carefully. I would like to suggest you to have a thorough discussion with the owner. Also, you can consult a reputed lawyer to know about the legal aspects.Hi, I think before going to any agreement, it is necessary to check all the document carefully. I would like to suggest you to have a thorough discussion with the owner. Also, you can consult a reputed lawyer to know about the legal aspects.
Q:
We booked an under construction apartment and paid 2.9% stamp duty against Agreement to Sale.
Now that i have to make sale deed for apartment i have to pay balance.
My apartment cost 28.5 lacs so i was assuming i have to pay a total of 5%.
Is this rate same? Where i can find this information.
Second question:
As per agreement i have to alos pay for service tax amount to builder.
What will be rate at which this amount to be calculated?
12.26% (1/4th) which we made agreement to sale or 14% (1/4th) which is applicable now ?
My replies to this discussion
Hi, You can read this article for reference. http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.htmlHi, You can read this article for reference. http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html
Thanks raj for sharing this link, now I can understand how to calculate ST. I really appreciate your posting..Thanks raj for sharing this link, now I can understand how to calculate ST. I really appreciate your posting..
Q:
Home prices drop after natural disasters but typically recover rapidly, providing buyers an opportunity for gains.
My replies to this discussion
Hello Himani,
But sales may increase in nearby regions that were not impacted by the flood. Hurricane Katrina in Baton Rouge is the best example of it. It's nearby satellite communities saw a 48% jump in sales volume over year.Hello Himani,
But sales may increase in nearby regions that were not impacted by the flood. Hurricane Katrina in Baton Rouge is the best example of it. It's nearby satellite communities saw a 48% jump in sales volume over year.
Q:
Do you need a comfortable loan to your satisfaction? We are based in USA, We offer affordable loan at 3% interest rate available for local and international borrowers . We are certified , trustworthy , reliable , efficient , fast and dynamic and co - operate. we give out long term loan from two to fifty years maximum. contact us at: johnpotto4@gmail.com
Q:
Hello, can someone advice?
My mother in law owned an appartment in Goa.Three years ago we bought it from her and paid cash . we didnot change the property name at that moment.
we are now looking to transfer the property to our name.
we were informed that we could avoid all expenses if she makes an inheritance will stating that the property will pass on to us at the time of her death,
Is this so? IF NOT what are the current percentages of taxes, registeration etc we will have to pay? is it an easy process or should we hire a lawyer, to take care of this since we live in mumbai?
thanks in advance
Q:
Stamp duty of over a lakh of rupees was paid in 2015, the deal didnt go through because of some changes in the building plan by the builder. Now can we get a refund of the stamp duty? the builder has refunded the money advanced.
Q:
This shop was built up in 1985 and last sold for 7 lacs in 2008-09, Now i bought this shop for 10 Lacs, Full & final payment is in Sept. 2016. How much duty taxes & other charges are payable on this deal?
My replies to this discussion
HI,
Stamp Duty and Registration charges in Goa:- Government wants to pay stamp duty & registration charges :
In base amt HI,
Stamp Duty and Registration charges in Goa:- Government wants to pay stamp duty & registration charges :
In base amt
Q:
• I have booked an apartment in Palolem Hills and am very excited for the completion of the project. The entire process was excellently handled and I receive regular updates regarding how far the project construction has gotten. Very impressed!
My replies to this discussion
Hi Debarghya,
Launched by Eclectic Developers Pvt Ltd, Palolem Hills, is a premium housing project located at Canacona in Goa. Offering Studio, 1, 2, 3 BHK Apartment in Goa South ranging from 698 sq-ft to 1700 sq-ft. Sizes of the flats are available in 698 sq-ft. for studio apartment, 880-1047 sq-ft. in 1BHK, 1158-1300 sq-ft. in 2BHK and 1600-1700 sq-ft. in 3BHK. It's current price will be rs.5950/sq-ft. and apartments are available for sale from Rs 62 lacs to Rs 77 lacs onward. Stamp duty and registration charges extra. This project is spread over 1.98 acres of land parcel and offering 116 units.Hi Debarghya,
Launched by Eclectic Developers Pvt Ltd, Palolem Hills, is a premium housing project located at Canacona in Goa. Offering Studio, 1, 2, 3 BHK Apartment in Goa South ranging from 698 sq-ft to 1700 sq-ft. Sizes of the flats are available in 698 sq-ft. for studio apartment, 880-1047 sq-ft. in 1BHK, 1158-1300 sq-ft. in 2BHK and 1600-1700 sq-ft. in 3BHK. It's current price will be rs.5950/sq-ft. and apartments are available for sale from Rs 62 lacs to Rs 77 lacs onward. Stamp duty and registration charges extra. This project is spread over 1.98 acres of land parcel and offering 116 units.
Q:
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
My replies to this discussion
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.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.
Q:
i want to buy resale flat from society 11 years old, what will be the procedure and stamp duty charges.
Q:
I am buying a land of 220 sq mtr to build a house
My replies to this discussion
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.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.
