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Q. Do I need to pay the stamp duty to get the sale certificate registered or no need to pay stamp duty

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Narender Gupta

posted 1 month ago

question iconDo I need to pay the stamp duty to get the sale certificate registered or no need to pay stamp duty

I have purchased a property via Canara bank auction under sarfaesi act . I have got the possession and sale certificate from bank. Now do I need to pay the stamp duty to get the sale certificate registered or no need to pay stamp duty
Also can property name will be transferred in HSIIDC with out paying stamp duty ??

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Anik

Anik

Responded 1 month ago

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A.Dear Client,

To attain the full legal ownership of the property purchased, paying stamp duty is crucial. Otherwise, the documents can be seized (impounded) , cannot be used as evidence in case of any dispute and a penalty of a fine can be imposed.

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Abhimanyu  Shandilya

Abhimanyu Shandilya

Responded 1 month ago

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A.Dear Client,
Whenever you buy a property or acquire a property then to get the full ownership you will have to get the deed ( transfer/sale/conveyance) registered with the Sub-registrar to get that effect. And for registration there will be stamp duty which needs to be paid.

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