• How is the value of the flat calculated for Stamp Duty and Registration in Bihar?

Please help us understand if the flat's valuation is done as per the calculation below for Stamp Duty and Registration in Bihar.
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Details Schedule of Great Enclave in "Best Society"

1. Total land of the Building 1550 SQM 16684 sq. ft.

2. Total Constructed area of the Building: Block A + Block B except Basement 51100 sq. ft.

3. Total area of the Flat. 1500 sq. ft.

4. Total Proportionate share of the land to the Vendee 489.746 sq. ft.

5. Total Value of Proportionate share of the land. (2nd grade Residential) Rs. 15,00,000/-

6. Total Govt. value of the Flat. (Deluxe) Rs. 35,00,000/-

7. Value of car parking space 80 Sq. Ft. Rs. 2,00,000/-

8. Total Govt. value Rs. 52,00,000/-
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Asked 2 years ago in Property Law
Religion: Hindu

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4 Answers

You can get the same verified through sub registrar of the registration office where you want to register it

Prashant Nayak
Advocate, Mumbai
34514 Answers
249 Consultations

You can approach the sub registrar office within the jurisdiction and enquire the details in person to get clarified if you were made to pay any extra amount or the charges were correct 

T Kalaiselvan
Advocate, Vellore
89977 Answers
2492 Consultations

Dear client,  

I'm sorry, but I don't have access to specific information about the stamp duty and registration calculations for properties in Bihar, India. The valuation and calculation of stamp duty and registration charges can vary based on the specific laws and regulations of the state.

To get accurate information about the stamp duty and registration charges for your flat in Bihar, I recommend reaching out to the local Sub-Registrar's office or consulting with a legal professional who specializes in property law in Bihar. They will be able to provide you with the most up-to-date and accurate information regarding the valuation and calculation of stamp duty and registration charges for your property.

It's important to consult with a professional who has expertise in the specific laws and regulations of Bihar, as they can provide you with the most relevant and accurate guidance tailored to your situation.

 

Anik Miu
Advocate, Bangalore
11014 Answers
125 Consultations

- Every state having its rule for the stamp duty , and hence you can contact a local lawyer for the same.

Mohammed Shahzad
Advocate, Delhi
15814 Answers
242 Consultations

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