The price varies from state to state.
A local lawyer will be of help for you.
Regards
How much will be registration fee and stamp duty per acre coffee estate in Chikmagalur, Karnataka?
Hi,
This are as per the circle rate issued by government authorities. You may contact the local authorities for the same.
1. Registration fee will be 1% on the stamp duty of the property.
2. Stamp duty will be around 5.1% on the guidance value fixed by the State Government below which value, the property will not be registered.
3. You can obtain the guidance value of that particular coffee estate from the jurisdictional Sub-registrar's Office.
The stamp duty and registration fee on conveyance of immovable property is stamp duty of 5% on the market value of the property + surcharge + cess and 1% registration fee
You can make enquire with sub registrar office as to stamp duty on coffee plantation in Chikmagalur
@5 % on the market value or sale value which ever is higher + Surcharge + Cess plus 1 percent registration charge.
The amount of stamp duty fee payable differs according to each state. It is usually fixed at 5 to 7% of the property value, you should contact any local lawyer for details.
Dear Sir,
Each district registrar will maintain book value of minimum and maximum rates of agricultural lands including coffee estates. Please check with your district registrar.
The stamp duty and the charges for registration are state subject, you can get the details of applicable stamp duty in respect of the property from the local sub-registrar's office who will be having the rate per square feet which is called guideline value.
Legally is it allowed to buy encroached Coffee Estate?
Dear Sir
You may check the stamp duty and registration fee online in the following link:
At a Glance- Stamp Duty and Registration Fee
https://www.karnataka.gov.in/karigr/Pages/-At-a-Glance--Stamp-Duty-and-Registration-Fee.aspx
Secondly, you cannot purchase legally encroached Coffee Estate