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It is our endeavor to bring before you, accurate details on incidental expenditure you will incur on property transactions. We hope this will serve to give you a true indicator of the different issues involved in such deals and help you make an optimal choice.
On purchase of property the government has imposed stamp duty charges. Additional to that, in a registered society, transfer charges are applicable, approximate figures are mentioned below. |
| Expenses for Lease Transaction |
| Residential |
- Registration Fees: Rs.1,000/-
|
|
|
12
MONTHS |
24
MONTHS |
36
MONTHS |
48
MONTHS |
60
MONTHS |
|
Where the amount of Average Annual Rent plus Security Deposit or Money Advance or to be Advance is Rs.1 to Rs. 2,50,000 |
750 |
1,500 |
2,250 |
3,000 |
3,750 |
|
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 2,51,000/- to Rs. 5,00,000/- |
1,500 |
3,000 |
4,500 |
6,000 |
7,500 |
|
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 5,01,000/- to Rs. 10,00,000/- |
3,000 |
6,000 |
9,000 |
12,000 |
15,000 |
|
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 10,00,000/- & Above |
5,000 |
10,000 |
15,000 |
20,000 |
25,000 |
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