Kumar Seshadrinathan
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1 BHK in bhayander bought in 1997 and only 1% stamp duty paid and registraion was not made. how to regitser it now
Q: My mother bought a 1 BHK in bhayander East in 1995 sep 5th. She paid a stamp duty of 1% but did not register the document. she wants it to give it to my younger brother. Should she register and pay the stamp duty and then transfer it to my brother or what is the procedure for doing it now after apr 2015

Latest Answer: Hi Kumar, Firstly, she has to register property in her name and will pay the stamp duty as per the new rule i.e.5% of the total property cost as per the the guidance value and market value whichever is higher if the property falls in Municipal Corporation and 4% if it falls under Municipal Council. Secondly they have to clear the all the dues taxes then only she can transfer the property to her younger son.

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