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jagpal Singh (xyz)     12 April 2016

How to save transfer fees to builder in blood relation?

 X and Y are in blood relation. They invest jointly in "under construction flat" of a builder project. One of the Co-owners X dies. No registry has been done yet as the names of X and Y as Co-owners  are on the BBA papers only

 

Now Y wants to transfer this whole flat to make Z as sole owner who is also in blood relation.

 

Now a  days “ No Stamp Duty is required”  for transfer of property to relatives in Haryana and the same should go with  blood relation transfer before the registry as well but builder has clearly written in  BBA that 25% of standard processing charges for every substitution. It is pertinent to note that this agreement was made in June 2012 before the  circular of stamp duty exemption in blood relations out on the  16th June, 2014 No. 8.0. 62/C.A. 211899/8. 9/2014  from Haryana government

 

How can blood relation transfer possible without paying  the transfer fees to builder before registry?

 

Please clarify

 

Attachment: Government Circular on Stamp Duty 



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