If the buyer runs two different pieces of sale, you have to pay (INR 5,000 X 2 – INR 10,000). The amount of stamp duty is calculated on the total cost of property or at home. It varies between 3% and 10% depending on the status plate, the location and status of the property, your age and gender, and the type of property. For example, in Mumbai, stamp duty is about 3 – 5% of the value of real estate. In this case, the value of the real estate is considered the higher value between the value indicated in the agreement or the value considered by the State Government as a district or clearance rate. In most countries, women pay about 0.01% less than stamp duty. All investment decisions will be made by you at your discretion. It is recommended that you carefully read the offer file for more information on risk factors, general conditions before making an investment decision in a system or products or securities or credit products. All investments in a product/fund/securities, etc., are provided on the basis, subject to and according to the terms of the product/fund/security offer document, key information memorandum, disclosure of risk document, product or sales brochure, or any other related document offered by the respective issuer of these products/securities. You can use execution platforms/services with third parties as appropriate and correct, and there is no obligation to use the execution services on this site. On the other hand, the francisation costs are between 0.1% and 0.2% of the amount of the real estate loan, or 0.1% of the value of the real estate, capped at 20,000 Ds for the basis of sale of the property. It also varies from member state to member state.
For example, if you borrow a 1.5 kronor home loan in Karnataka, your frankier fees are 0.2%. A total of 30,000 Rs. Suppose you took out a home loan of INR 50 lakh, then you will have to pay a cash fee on 0.1% of the total amount of the home loan. Previously, stamp papers were used to confirm that the stamp duty had been paid. However, they were falsified, abused and resulted in fraud that led to the cessation of the practice by the government. Franking was therefore introduced as an alternative to confirming the payment of stamp duty. In Maharashtra, according to the Inspector General of Registration and the Stamp Controller the maximum limit for the payment of stamp duty by the franc on a single document is INR 5000. Before applying for a home loan, check the stamp and stamp duty for the state where you want to buy the property. Remember, your home loan doesn`t pay for these fees, so you start saving these fees in advance.