Online Copyright Registration in India

Protect your creative work
Books, Songs, film, websites, Software, painting, fashion Design etc
Call now: 09891244487

Ask Our legal Experts, on issues related to Divorce

File Mutual Consent divorce right away

Call at ph no: 9650499965
Search On:Laws in IndiaLawyers Search

To Appeal before CIC - Central Information Commission
For Filing and Hearing contact: Choudhury's law Office
Ph no: 9873628941

Author Topic: Buying plot at rate less than circle rate  (Read 522 times)

0 Members and 1 Guest are viewing this topic.

Offline surinderdung

  • Newlaw
  • *
  • Posts: 1
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Buying plot at rate less than circle rate
« on: October 15, 2015, 04:28:23 AM »
Hi,
I have purchased a plot of 237 sqyd in Haryana at rate of Rs. 6000/sqyd (Total 1422000). While the circle rate is Rs. 12000/sqyd.
Seller wants to register the sales deed with value of 1422000 and stamp duty of Rs. 171000 (6% on circle rate for husband and wife jointly).
Will there be any problem (legal/taxation) to me as buyer, if sales deed is registered as per these values?

Offline advgaurav.sharma

  • Sr. Legal Expert
  • ****
  • Posts: 117
  • Karma: +3/-1
  • Advocate Gaurav is a specialist in Trademark laws
    • View Profile
Re: Buying plot at rate less than circle rate
« Reply #1 on: October 15, 2015, 07:59:24 PM »
You have to pay registration stamp duty fee as par the circle rate
Advocate Gaurav is a specialist in Trademark laws

Offline adv.amarnath

  • Veteran at Law
  • *****
  • Posts: 1227
  • Karma: +52/-7
  • Advocate Amarnath Sanyal from Kolkata, West Bengal
    • View Profile
Re: Buying plot at rate less than circle rate
« Reply #2 on: October 16, 2015, 02:31:38 AM »
There is no circle rates or purchase rates. Now registration fee and stamp duty of any immovable property is being given to the registrar office as per their (Govt.) valuation not as per face value. You must take a consultation with a lawyer and ask him to make a query report before concern Sub Registrar or District Sub Registrar Office. You must make a thorough searching in respect of the property you proposed to purchase to avoid legal complication after purchasing it. Seller will not be responsible for any legal complication after selling his property to you.

For further clarification and consultation in details you can contact me
Regards,

Amarnath Sanyal
Advocate
Email - adv.amarnath.sanyal@gmail.com
Mob - 09830303322

 

File a Consumer Complaint
Property verification
Call: 9873628941
 

Lawyers in India - Listed city wise Mumbai
Bangalore
Pune
Pondicherry
Jaipur
lawyers in London
lawyers in Birmingham
Chennai
Allahabad
Ahmedabad
Jodhpur
Indore
lawyers in Toronto
lawyers in Sydney

Cochin
Lucknow
Ranchi
Thane
Janjgir
lawyers in Milan
Johannesburg

Delhi - New Delhi
Chandigarh
Surat
Nashik
lawyers in New York
los Angeles
Kolkata
Hyderabad
Rajkot
Nagpur
lawyers in Dhaka
lawyers in Dubai

Copyright Registration

Ph no: 9891244487

For Mutual consent Divorce in Delhi - Ph no: 9650499965

Home | Bare Acts | Law Forms | Supreme Court Judgments | Legal Advice | Lawyers | Submit article | Sitemap | Contact Us

legal Service India.com is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2016
Get Free legal Advice here from top notch lawyers in India