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Aatish Gawas (Sr. Engineer)     21 December 2014

Stamp duty on resale flat

Hi,

We are going to buy resale flat in new panvel area which not comes in cidco.Flat papers are good.Plot is NA.

Flat cost is 25,30,000/- (1 BHK - 635 sqft).

As per rules stamp duty is 6% of flat cost which is 151800/-

But our agent is telling that we have to pay this amount online but receipt for same will get generated for amount 78000/- only, as it is resale flat at seller is going to do registration two days prior to us, as he has not registered yet.

Is there any provision as such?

Agent is asking to transfer stamp duty money to his account as he has account in IDBI bank and its only bank through which we can pay stamp duty online.

Kindly advice. Its very urgent.



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