Legal Question in Real Estate Law in India
I purchase a flat (765 sq ft) at Rajarhat Kolkata W.B .Last month its mkt valuation was Rs 24,49,200.00 & this month it is Rs26,22,800.00 .As a result my Stamp Duty raised from Rs 146972 to 183616 . Now my question is how mkt valuation raised in a month so high and Whether market valuation of a new flat is always rising or some time it fall ,& if it is fall then when ?
Asked on 8/16/13, 6:02 am
1 Answer from Attorneys
dear client...........
stamp duty does not calculated on market value rather its calculated on govt rate which is prescribed by the GOVT ....for details contact me at [email protected]
Answered on 8/16/13, 11:26 pm
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