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House buyer cash

December 15th, 2009 admin Leave a comment Go to comments

[house buyer cash]
when buying a house in india with a home loan,who pays for the stamp duty fee-the seller or the buyer?

heard that small builders underrate the price to lower the stamp duty fee and ask for the balance in cash from the buyer-poses a difficult situation when planning on buying with a home loan.is what i heard true?

always buyer need to bear the stamp duty for registration. even if the seller pays, he will include that in the price.

there is a guide line value fixed by registration dept and even if the property is under rated, the registering officer will calculate the stamp duty on guide line value and collect stamp duty at the time of registration.

what is the role of small builders’ on this. it sounds as if big builders are perfect.

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