Property registration in Kolkata India

Hi,

I have bought a flat in Kolkata on a total payment of Rs. 24,25,200. When I registered the sale deed I paid stamp duty of Rs. 1,43,000/-. The sale deed registration was done 6 months back. Now I need to register the property. I have the following questions:

1. What percentage of the property price needs to be paid as stamp duty?
2. Is it necessary to get the property price re evaluated before I do the final registration and if so then do i need to pay the stamp duty based on the re evaluated price?

Please let me know the details at the earliest.

--
Regards,
Sabuj Sengupta

Hello there. Truthfully, you need to speak with an Indian lawyer about your situation. This would be a rather simple matter for such an attorney, but the likelihood of a US lawyer being able to help you is quite low. Here is a suggestion. WLD has lawyers in India, and if you go to their main page you could contact them and receive some referral information. In the longrun, that would really be the best and cheapest way to go here. Hope everything works out. AJJ

Dear Sir,

I have advanced Rs.7,36,000/- to the Promoter for a Flat at Helabattala, Barasat, Kolkata-700124 in June,2004 but the problem is the Promoter is now not taking any action to register my flat.Infact he has already lost the "Power of Attorney" from the LandLady who is now no more in us.

In this context please suggest how I can get registered my Flat at the earliest.

Can be noted also that the Promoter is not accepting the result of "Joint Measurement of Flat area" and I am also stick to the result of "Joint measurement of Flat Area".

Looking forward for your kind advice as I am willing to register my Flat by 2009.

Thanks,

KALLOL BISWAS
M : 9874092040

Dear Sir/Madam,

Are you investing in "correct" property?
Is this investment good for you?
When is right time to invest?

GroundTruths is an independent research and advisory group focused on providing you reliable and accurate information.

GroundTruths Property Analysis Report provides you comprehensive and in-depth analysis of real estate project where you want to put your hard earned money. Each analysis report is custom analysis and is done keeping "your", the individual, need in mind.

This GT Property Analysis Report gives you complete peace of mind, helps you to take right decision and saves your hard earned money.



Thanks & Regards
GroundTruths Team

Hello,

The exact process includes 6 steps:

Step 1: Search the Property Registration

The property location, legal ownership document, date of purchase of the title, property transfer and inheritance issues, if transferred the legal authority of the transferee, clearance certificate from urban land ceilings authorities, payment of all dues like property taxes, electricity and water bills and any previous alterations in the property registration are the points that require careful scanning. This entire process can cost up to Rs. 10,000 and take 5-7 days to complete.

Step 2: House Registration Agreement

This process takes place at the Local Stamp Duty Office and takes around 7 days to complete. The fee involved is Rs. 100.

Step 3: Preparation of Property Sale Deed

This is done by an authorized house registration attorney on behalf of the purchaser. The final deed is printed out on a green paper with stamp duty stamp affixed on it. This involves a fee of 1% of the property value and might take 7 days again.

Step 4: Final Registration

The house registry or land registry is then stamped, executed, and finally registered in the presence of seller, buyer and two witnesses at the office of the SUB Registrar of Assurances at 5% market value of the property as Stamp Duty. This process takes just 2 days to complete.

Step 5: Submission of Documents

The completed home registry is then submitted to the Reader of the Sub Registrar of Assurances for scrutiny. Then at the payment of 1% of the transaction value or Rs. 30,000 whichever is less, the documents are presented before the Sub Registrar. The seller then hands over possession of the property to the buyer. The documents are handed over to the buyer within 30 minutes of submission of the payments receipt.

Step 6: Mutation of The Title of The Property

The purchaser now has to apply to the local Municipal Authority to get the title of the concerned property mutated in his favor with all the relevant documents that your Real estate attorney would guide you about. The Municipal Authority then assigns the property value for levying property tax and then issue a letter of mutation in favor of the purchaser.

IF YOU NEED MORE HELP, PLEASE EMAIL ME RSBCCU AT GMAIL DOT COM

Thnaks,
Raja

Originally Posted by Unregistered Hi, I have bought a flat in Kolkata on a total payment of Rs. 24,25,200. When I registered the sale deed I paid stamp duty of Rs. 1,43,000/-. The sale deed registration was done 6 months back. Now I need to register the property. I have the following questions: 1. What percentage of the property price needs to be paid as stamp duty? 2. Is it necessary to get the property price re evaluated before I do the final registration and if so then do i need to pay the stamp duty based on the re evaluated price? Please let me know the details at the earliest. -- Regards, Sabuj Sengupta

START LEGAL PROCEEDING.
THE PROMOTER WILL AUTOMATICALLY COME TO YOU.

IF YOU NEED FURTHER HELP CONTACT ME AT RSBCCU AT GMAIL DOT COM
Thnaks,
Raja

Originally Posted by Unregistered Dear Sir, I have advanced Rs.7,36,000/- to the Promoter for a Flat at Helabattala, Barasat, Kolkata-700124 in June,2004 but the problem is the Promoter is now not taking any action to register my flat.Infact he has already lost the "Power of Attorney" from the LandLady who is now no more in us. In this context please suggest how I can get registered my Flat at the earliest. Can be noted also that the Promoter is not accepting the result of "Joint Measurement of Flat area" and I am also stick to the result of "Joint measurement of Flat Area". Looking forward for your kind advice as I am willing to register my Flat by 2009. Thanks, KALLOL BISWAS M : 9874092040

Dear Mr Raja
I have sold my 1st floor flat 4 years back to an acquaintance and he is yet to mutate the said flat in his name. Inspite of several reminders he is not muatting the said flat and corporation tax in my name is mounting in every quarter. What to do? Can corporation (kolkata) force him to get his portion mutated? Can I get a separation with a separate assessment number,so that I can clear my own dues? I am a sincere law-abiding citizen,but due to this I am stuck in a fix. Please help

CONTACT FOR ANY LAND REGISTRATION AND ANY OTHER LEGAL (Civil / Criminal / Company) MATTERS....
Adv. Indranil Banerjee
(High Court, Bankshall Court, City Civil Court)
Kolkata, India.
Phn. +91 9830295566
Email : indranil_banerjee1@rediffmail.com

[fsbr2011]

Your best bet is to speak with an experienced municipal attorney... that's the only way to really understand your case.