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Registration of a co-operatve flat

(Querist) 12 September 2015 This query is : Resolved 
We eight friends have formed a cooperative and have built a G+4 building comprising of eight flats. The land was allotted to the cooperative by WBHIDCO, WEST BENGAL. Mutation has been completed. My question is do we have to register the flats in individual name and if yes then what will be the charge for registration in each case ?
ADV-JEEVAN PATIL, MUMBAI (Expert) 13 September 2015
Yes, depending upon states regulation
T. Kalaiselvan, Advocate Online (Expert) 21 September 2015
You can register the individual flats in individuals names. The stamp duty for this purpose will differ from one state to another, so you may make an enquiry in the local registrar's office.


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