dhiraj kaushik
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Stamp Duty and Registration charges in Noida
Q: What is Basis of calculation of Stamp Duty and Registration Charge to be paid for registration of Flat in Noida. Is it affected by current Circle Rate or is it % of Sale Deed signed while Buying the Flat.

Latest Answer: Hi friends!!! Good news for Noida residents as state govt. has decided to four-month relief on stamp duty hike to homebuyers in Noida. Homebuyers whose papers are cleared by the NOIDA Authority before April 1 will get a four-month extension to get their properties registered. The four-month grace period will be given only to homebuyers who execute a registry deed with the Authority by April 1st.

Forming Flat Owners Association
Q: I represent the Buyers of Paramount Floraville a project in Sector 137 in Noida. I am writing this letter as we are facing huge difficulties with paramount due to their erratic behaviour and lack of transparency. We as a group of 25 people met with the Builder today 14th of June 2014. The result was not very fruitful. We residents want to form a Flat Owners Association so that we represent the whole group of buyers. I was going through the UP Apartment Act 2010 and found that an association can be formed only when Builder has given possession of flats and received Letter of Clearance from Noida Authority. Request your guidance in dealing with the same. My queries are: 1. Can we form an association now. 2. What are the pre-requisites for forming an association. 3. Is it possible to form some legal entity to represent the Buyers.

Latest Answer: We are also facing the same issue. following is number 9818130992. We can discuss

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