Expenses for Sales Transaction On purchase of property the government has imposed stamp duty charges. Additional to that, in a registered society, transfer charges are applicable, approximate figures are mentioned below.
Expenses for Sale Transaction:
Residental Property
Stamp Duty
5% of the Purchase Value
Registration Fees
Up to Rs. 30,000/-
Society transfer fees
1% to 3% of Purchase Value (Approximately)
Commercial Property
Stamp Duty
5% of the Purchase Value
Registration Fees
Up to Rs. 30,000/-
Society transfer fees
0.5% to 2% of Purchase Value (Approximately)
We hope this will clarify any queries. In case you wish to enquire further, please feel free to contact us
