Does Builder Charge for Sale Agreements ?
I want to know does any builder charge for the Sale Agreement that gets made
between builder and flat purchaser ?
Please do reply
4 Answers
No, unless the agreement of sale is being registered.
I mean i got the Letter from Builder sayign that “Please send us a cheque of 0.1% of the sale value amounting some XXXX INR towards e-stamping charges (Stamp-duty) for executing your “Sales Agreements”
I am not able to understand this Harsha….
Check item 3 (ii) in the link
http://www.karunadu.gov.in/karigr/stampdutyregistration/default.htm
When you are registering the Agreement of Sale during booking you need to Pay 0.1% of Market Value as Stamp Duty, however the same will be adjusted from the amount to be paid as Stamp Duty during the registration of the Sale Deed at the time of possession.