Manikanta Ch 13 December 2020

Need help

Dear all We are purchasing the site at the market value of 18 lakhs but the government value for this property is almost 40 lakhs, that mean the government value is more than market value. While making the sale deed both the government value and market value(buying cost) has to be mentioned or suggest me

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This discussion concerns a property purchase where the market value (18 lakhs) is significantly lower than the government's assessed value (40 lakhs). The user is seeking clarification on whether both values need to be explicitly stated in the sale deed or if it's sufficient to record the agreed-upon sale price. They are asking for guidance on the mandatory requirements for mentioning these different property valuations in the legal document.