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Registration of plot cum final documents

(Querist) 01 August 2014 This query is : Resolved 
Hi:

I bought one plot from one ahmedabad (X) based firm in their scheme in gujarat. the plot size is sq yards.


now the Firm X is telling me that I will have to incur for the registration of the plot.


please guide
Devajyoti Barman (Expert) 01 August 2014
Check the stamp duty to be paid from the registration office. The stamp duty is calculated at the current market value of the property, not at the rate you bought it.
dhaval s (Querist) 02 August 2014
Thank you Mr. Devajyoti Barman...
Laxmi Kant Joshi (Expert) 02 August 2014
The stamp duty is calculated on the circle rate / govt rate of that area , if your purchase rate is higher / above the circle / govt rate of that area and you want to pay stamp duty for its higher side then legally you can pay for it .
Rajendra K Goyal (Expert) 05 August 2014
If the stamp fee told is higher than the applicable circle rate, ask the firm for the reason.
dhaval s (Querist) 06 August 2014
Thank you Mr. Laxmi kant joshi and Mr. Rajendra K goyal for the responses...


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