Legal Question in Real Estate Law in
Our company in Ahmedabad has got the Lease with all the rights including sublease. Now our company wants to sublease that land to our group company.
Is there stamp duty applicable?
Is lease agreement is compulsorily required to be registered with any authorty?
Asked on 12/17/10, 10:23 pm
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Stamp duty for a sub-lease is same as a lease.
If the period of lease or sub-lease is 1 year and above, then registration is compulsory.
Answered on 12/18/10, 9:42 pm
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