• Bribe Hotline
  • 14 years ago
  • 2088 views

How much does registration of a propert in mumbai cost ?

Reported on October 10, 2010 from Bangalore , Karnataka  ι Report #33985

<p align="justify">
The property value is determined by a process of adjudication. For this, you will first need to know the division/village name and C.S. /C.T.S. number of your property. Then from the Ready Reckoner of the Maharashtra Department of Stamps and Registration, you will have to locate your valuation zone and sub-zone.</p>
<p align="justify">
After ascertaining from the table the&nbsp; rate per square meter, this is multiplied with the built up area of your property in square meters. The value obtained is to be reduced or increased for lift and depreciation as per the valuation factors given in the Ready Reckoner, to arrive at the Market value. The Department undertakes this procedure for you for a nominal fee.he adjudication fee payable is Rs.100.</p>
<p align="justify">
The stamp duty applicable on registration of properties in Mumbai is 5% of the property value</p>

What is your reaction after reading this report?