Ashwani, Mohali
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registry fee and expenses
Q: Hi I have purchased property of 2000000 in mohali , its is on loan and I want to now what is registry fee and other expenses I have to pay

My comments to replies
Hi Ashwini, Till now, Stamp Duty on Agreements for Sale & Purchase of Property or Registry Fees in Punjab was 9%. To boost the growth of the ailing Real Estate Sector in Punjab, the Govt. removed 3 percent additional stamp duty chargeable as Social Security Fund through an amendment to Section 3-C of the Schedule & thereby reduced Stamp Duty on the Cost for Registration of property in urban areas from 9 to 6 percent. These Revised Registry Fees i.e 1% on the market price of the flat or agreement whichever is lower (Rs.30000) in Punjab will remain applicable until March 31, 2018.
Thank you Harmeet. so after the fee mentioned in the end will not apply Right!! only 6% of the sale amount I have to pay. Thanks for Guidance
3rd January 2018

Hi Ashwini, You can follow this link for more details for stamp duty and registration duty in Mohali, Punjab
Hi Gurmeet, Thanks for help, I cannot find the link,could you please resend it.
3rd January 2018

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