Surinder Singh
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Buying plot at rate less than circle rate
Q: Hi, I have purchased a plot of 237 sqyd in Haryana at rate of Rs. 6000/sqyd (Total 1422000). While the circle rate is Rs. 12000/sqyd. Seller wants to register the sales deed with value of 1422000 and stamp duty of Rs. 171000 (6% on circle rate for husband and wife jointly). Will there be any problem to me as buyer, if sales deed is registered as per these values.

Latest Answer: Hi Surinder, As per my knowledge, as you bought the land below circle rate( Rs. 12000/sq-yd ) so while registration you have to pay as per the circle rate. Fees will be calculated according to the area circle rate in your case.

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