3rd Successive Year, Dip in Registration of Property & Plot in Chennai

Between March and September this year (2014), about 2.86 lakh documents were registered in Chennai For the 3rd successive year, there has been a dip in registration of property & land in Chennai. This time, the 11 story building collapse at Moulivakkam near Porur might ha…

Share:

Read More

2013-14:Tamilnadu Property Registration Rrevenues up 8% at Rs 8,055 cr

Tamilnadu (TN) Property Registration Revenues up 8% at Rs 8,055 cr in 2013-14 However, total documents registered saw a 1.38% decline at 26.5 lakh (2.65 million) as against  26.9 lakh (2.69 million) during 2012-13 The TN registration department earned Rs. 8,055.74 crore reven…

Share:

Read More

TAMILNADU STAMP DUTY AND REGSISTRATION FEES..!

Tamilnadu stamp DUTY & regsistration FEES DETAILS! Categories of Document. Stamp Duty.    Registration Fee. 1. Conveyance (Sale ) 7% on the market value of the property 1% on the market value of property. 2. Gift    3. Exchange 7% on the market value of the greate…

Share:

Read More

Tamilnadu: Property Guideline Value Increased by 20% From November 2014..!

Tamilnadu: Land & Property Guideline Value Increased From November 2014..! There is no official announcement...! In Tamil Nadu , the Guideline Value of property had increased by nearly 20% from November middle, 2014. But, there is no official announcement.  There is no upd…

Share:

Read More

Registration of Sale Deed is Mandatory in India.!

If the value of the property is less than Rs 100, the registration of its sale deed is not mandatory . So, all sale deeds need to be registered. When a property (Plots of Land, House) transaction happens, it is equally important to get the transaction registered. Although, i…

Share:

Read More