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Jomin answered Biju's Question.
Can you let me know the present property registration fees and stamp rate in panchayat ,municipality and Corporation area ?
Posted On: Jun 17, 2011
Jomin [Jun 17, 2011] :As per present rule, the rate of stamp duty in panchayat area is 7 % plus registration fee and surcharge 2 %. The total is 9 %. For the registration in municipal area 8 % plus registration and surcharge fee 2 %. The total is 10 %. For registration within the Corporation area 9 % is for registration & surcharge fee 2 %. Total is 11 %.
Deena answered Jose's Question.
I have to make a choice between an updated home in an older neighborhood or a newer home in a more modern neighborhood. The home in the older neighborhood has almost everything I want and is much larger, but which makes the most sense as an investment?
Posted On: Jun 17, 2011
Deena [Jun 17, 2011] :If your goal is to buy a home for it's resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part).
Sunny Jacob answered Cherry's Question.
Discripency found in domestic water charges in Cochin city limits. Whom to contact for and how to be rectified????????????? KWA not serious about the queries by a layman
Posted On: Jun 03, 2011
Sunny Jacob [Jun 07, 2011] : I am also facing the same problem which Mr.Cherry asked. I like to get a solution for it soon.
which is the website that we know the land values in kerala?
Posted On: May 25, 2011
Amal Jacob answered Baby's Question.
My parents want to give me their home. What is the best way for them to do so? Can the transfer be done without taxes?
Posted On: May 18, 2011
Amal Jacob [Sep 20, 2011] : I think the law had been revised again after the new govt came. please check
sebin [May 31, 2011] :According to the Property Law that is prevalent in Kerala, Parents Assets are entitled to 2 to 5 % as registration fees when transfered to their children. This depends on the plot/house located in Panchayats, Municipality and Corporations
sona [May 29, 2011] : If you are the only son for your parents WILL is the cheapest mode. If you have siblings then you might need to take no objection certificate from then on the execution of WILL. Otherwise you can take it as GIFT or indeed purchase it. GIFT is preferable but it has to be executed on appropriate stamp paper and registered with the subregistrar. hope this helps. Sona.
Biju [May 21, 2011] :You can have it done as a purchase, this will create a tax.
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