Legal Question in Real Estate Law in India
lease of immovable proptry
my freind's father wants to take a property at Noida at lease for 9 years for his company.....what are the criterias of stamp duty...how is it calculated....tried to search Stamp act for exact calculations but in vain....can u please help
Asked on 6/06/07, 12:03 pm
2 Answers from Attorneys
Vivek Mapara
Mapara Law Firm
Re: lease of immovable proptry
I do not know the stamp duty applicable in noida.
But the stamp duty is charged on percentage basis of rent fixed.
If u dont get anything on website, then go to registration department, they will give you exact figure of stamp duty payable
Answered on 6/07/07, 3:28 am
Shrichand Nahar
S.V.Nahar, Advocate
Re: lease of immovable proptry
Every State has its own stamp laws. Kindly refer to Stamp Laws applicable to U.P.
Answered on 6/07/07, 6:55 am