Upgrad LLM

flat agreement stamp value


Dear Sir/Madam,

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.

Mohammed  

 
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Lawyer

It differs from State to State, however, minimum Rs. 100/- stamp paper is required for a notarised agreement to sell

 
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Thanks for your response Dr. J C Vashista , Really appreciate your feedback Actually this is for a Property in Andhra Pradesh (Telangana) . 

Thanks 

Mohammed

 
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Advocate

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.

 
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It dependes on the Stamp Duty fixed for your State, the Stamp Duty varies from State to State.

Thanks,

http://www.edrafter.in/

 
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