Present stamp duty and registration procedure in kerala

EXISTING RATES OF STAMP DUTY AND REGISTRATION FEES FOR READY REFERENCE

(Amendments up to 31st March, 2018 on Stamp Duty and Registration fees are incorporated):::Click Here

REGISTRATION ACT::::Click Here

The expenses involved during registration include Stamp Duty, registration fees, Document writers/ lawyer's fees etc. The stamp duty will depend on the cost of the property. The land market price is announced by kerala Government depending up on location, type of land, road accesses and there is any building it also considering for the valuation, these rate are published in registrar office and village office.( Kerala govt fixed a land value tariff rate each and every where in Kerala especially for registration process in order to increase the revenue which is implemented on October 2007 again Kerala govt revised the fair value rate on October 2014 as 50% extra .the rate will get from the govt website .in April 2018 govt again revised the tariff rate as 10% additional .which is not reflected in present website ) The stamp duty for Municipality , Corporation and Panchayat is now same rate of 8% + Two ( 2% ) percentages will be charged as the registration fees. Document writer's fee also depends on the cost of the property and varies with individuals. There is a percentage prescribed by the government as Document writer's fee. After registration, the registered document will be received after 2-3 weeks, from the registrar office.

Property Agreement Stamp duty and Registration Fee :

For Agreement 200/-stamp paper and 2% of Rgistration charge . 15/5/2015

UDF Government introduced a remarkable decision in Stamp Duty of family members. Earlier it is same as the normal registration and there is no importance in family title deeds. The Stamp duty for Partition registration is now fixed as only Rs.1000 and registration fee is 2%.

Now Grandchildren can also enjoy the benefits of documentation, before this was allowed to Children, wife, husbands and brothers. Date : 22/07/2011:

MURICKENS GROUP

HO : KOTTAYAM-KADUTHURUTHY

BR : KOTTAYAM- CEMENT JUNCTION

ERNAKULAM-PALARIVATTAM

Real estate cunsulting officials at U.S.A. (Texas & Newyork) & Bombay

Email : mg@murickens.com, murickans@gmail.com