I am planning to sell my 5 Year old apartment in Chennai, TN.
The SBA is 853 Sq Ft, Car Parking 110 Sq Ft. The UDS is 623 Sq Ft.
Now when I am looking at my sale deed, the registration was done for 749(Then Government Value) Per Sq Ft for the UDS amounting to INR 466627, Registration was done for 9% on it which was around INR42000.
Now the Government value is 1058 as per the government website.
While selling this property,
should I be registering it exactly as my builder did (1058 * 623 (UDS)) or
should i do it for my SBA alone (1058*853(SBA)) or
should I do it for the SBA and Car Park (1058 * 963)
I have got a buyer who is very interested in buying it, but he is also negotiating for me to cover the registration within my sell price. without knowing how much that is I am not able to make a decision. Need your expert advice on the same
Please consider this as urgent