I am in process of buying a flat and the developer is making an agreement on Rs 10 stamp Is is Valid ? if not how much it should be ? the property value is between 20 to 30 Lakhs.
Appreciate your quick response.
It differs from State to State, however, minimum Rs. 100/- stamp paper is required for a notarised agreement to sell
Thanks for your response Dr. J C Vashista , Really appreciate your feedback Actually this is for a Property in Andhra Pradesh (Telangana) .
I agree with Dr. Vashista's opinion that the Stamp value on such issues differ from one state to another, you may verify about it locally.
It dependes on the Stamp Duty fixed for your State, the Stamp Duty varies from State to State.
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