• Stamp Duty on SRA / Procedure for Stay order

Dear Sir/Madam,

Request you to guide us, our lawyer not giving appropriate response. Our plot in on prime location and it is an SRA. Out of. The builder had made an agreement in the year 1995, after that till date there is no agreement made, Out of the clustoer of 4 societies he constructued building for few people and randomly gave people the flats, the other society people refused to go, this resulted in luring our 118 people out of which 78 have gone and 40 are still there in their house.
The Builder is now agreed to give 269 area of flat, but says will not get the stamp duty registered with SRA, He is luring people to take rent in advance from him and leave the plot. We insist to take rent from SRA only .
1) We request you to let us know. Can the remaining 40 people take stay order on the grounds that we require proper agreement/ duly registration with SRA and Registered document.

2) What is the legality, if the builder says i will get the documents from SRA but not register it in stamp duty department.

3) If we have to register the document in stamp duty what will be the cost for us.
Asked 4 years ago in Property Law
Religion: Hindu

2 answers received in 30 minutes.

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15 Answers

You can apply for and obtain stay of allotment if builder is refusing to execute registered agreement in favour of slum dwellers on redevelopment 

 

2) registration is necessary to confer clear and marketable title to property 

Ajay Sethi
Advocate, Mumbai
94723 Answers
7535 Consultations

5.0 on 5.0

Yes, builder is liable to deliver as per agreement. Without registration,no valid transfer of ownership. File FIR if builder refuse.

Sale deed will register, 6 % stamp duty.

Yogendra Singh Rajawat
Advocate, Jaipur
22636 Answers
31 Consultations

4.4 on 5.0

The terms of development must be agreed by the society before the residents should move out of society and let the builder to go ahead for development.

The matter of registration cost should also be made a part of deal in this regard and if a set of people are not agree to the terms they may file a writ in HC to get stay.

Please note that if the decision has been taken by the members in AGM and authorised RWA to go ahead and enter into redevelopment agreement then it will be difficult to get stay as the agreement is valid and enforceable.

Vimlesh Prasad Mishra
Advocate, Lucknow
6852 Answers
23 Consultations

4.9 on 5.0

1.Yes, the remaining people can get stay order , if the builder refused to comply the agreement , and proper registration . 

2. Registration is necessary to get a clear and absolute title in the property.

- As per SRA rules, The beneficiaries cannot sell their Property for 10 years. This lock-in period is applicable to the builder as  well.  

3. Stamp duty for registration is as follows:

     Female 6.00%                   Male 6.00%                        Male & Female As Joint Owners 6.00%

And the percentage of the stamp duty depends on two crucial factors:

  • A property’s registered price.
  • A property’s ready reckoner rate.

The rate whichever is higher among the above two is taken into account for the stamp duty.

Mohammed Shahzad
Advocate, Delhi
13230 Answers
198 Consultations

5.0 on 5.0

You can go for stay order and ask from builder a correct fsi sq ft for each owner and SRA can be registered. Plus for additional sq ft it will come approximately 7% cost to you a value as per ready recknor market valuation of the property.

Ganesh Kadam
Advocate, Pune
12930 Answers
255 Consultations

4.9 on 5.0

1. The other people can jointly fight out the case by filing a writ or PIL before high court seeking relief and justice as proposed in your pleadings of the petition 

2. The builder may be arrogant on this subject, you can issue a legal notice if you aggrieved by this act of the builder.

3. The stamp duty and the registration charges can be inquired from local sub registrar's office since it is a state subject varying from one state to another.

 

T Kalaiselvan
Advocate, Vellore
84925 Answers
2195 Consultations

5.0 on 5.0

Yes it's better you move to the high court under writ petition and take appropriate directions. 

Prashant Nayak
Advocate, Mumbai
31951 Answers
179 Consultations

4.1 on 5.0

1) builder cannot force you to vacate premises without agreement 

 

2) you can issue legal notice to builder to enter into registered agreement 

 

3) it is advisable that 40 flat owners obtain stay orders from court 

 

4) you should get stay order in 15 days or so 

Ajay Sethi
Advocate, Mumbai
94723 Answers
7535 Consultations

5.0 on 5.0

legal fees vary depending upon lawyer engaged by you 

 

2) all 40 should obtain stay order 

 

3) you should not vacate premises without agreement 

Ajay Sethi
Advocate, Mumbai
94723 Answers
7535 Consultations

5.0 on 5.0

Cost will not of court fees but advocate fees, which can be decide by discussion with advocate.

Yogendra Singh Rajawat
Advocate, Jaipur
22636 Answers
31 Consultations

4.4 on 5.0

The advocate fee for obtaining stay order will be informed by the advocate so chosen.

The fee for obtaining stay order is not very exorbitant, however if those people believe in myths about it, then ignore it but you may approach court for the desired relief.

You can look for an advocate hailing from Mumbai from this forum too.

 

T Kalaiselvan
Advocate, Vellore
84925 Answers
2195 Consultations

5.0 on 5.0

The court fee and the advocate's fee shall be intimated by the advocate you may engage for this purpose.

The time taken for disposal of this would be hardly one month.

 

T Kalaiselvan
Advocate, Vellore
84925 Answers
2195 Consultations

5.0 on 5.0

Yes you can file a suit for temporary injunction against builder. 

For registration you have to approach sub registrar.

Registration charges and stamp duty varies from state to state for that you have to approach sub registrar to get the exact value of stamp duty and registration.

Even a single person can file suit for stay in court.

Mohit Kapoor
Advocate, Rohtak
10687 Answers
7 Consultations

5.0 on 5.0

It depends on lawyer to lawyer and detailed case study. You can contact personally for the same

Prashant Nayak
Advocate, Mumbai
31951 Answers
179 Consultations

4.1 on 5.0

Sir,

It is the builders duty to get the documents registered from the concerned authority.

You will be required to file for a Suit for injunction before the Civil Court for restraining the builder from taking any coercive steps for the premises. Yes the 40 residents can move the court for obtaining stay order.

You will have to get a statement recorded from the builder that he will register the documents and also pay requisite stamp duty charges etc., with the government department and only then you shall withdraw the civil suit for injunction against the builder. 

 

Garima Anil Mehrotra
Advocate, Mumbai
514 Answers
1 Consultation

4.9 on 5.0

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