Legal Question in Real Estate Law in India

Stamp Duty - reg.

Dear Sir,

I would like to know regarding Stamp duty payable on registering UDS of land with Owner.

For instance : -

� X � is a builder constructing 4 flats in 2400 sq.ft., and �X� is the owner of 2,400 sq.ft., and �X� has obtained Sanctioned Plan for putting up 4 residential flats in his 2,400 sq.ft.,

Now I have entered into Agreement of Sale for purchasing 600 sq.ft., of UDS of Land out of entire 2,400 sq.ft., from �X�

However, X himself is a reputed Builder and hence I entered into Construction Agreement with X for putting up ground floor flat G-1 as per sanctioned Plan in Rs.20/- Stamp Paper.

�X� agrees me to convey 600 sq.ft., of UDS of Land out of entire 2,400 sq.ft., within in 3 months and at this juncture,

600 sq.ft,. UDS of land - 5,00,000/-

1,200 sq.ft., - 3 bed room flat going to be constructed based on Construction Agreement with X - 10,00,000/-

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