For Ladies, it is 7% Stamp Duty + Registration fee as per the collector rate.
For Joint Registry with Ladies & Gents as co-owners, it is 8% stamp duty + Registration fee as per the collector rate.
For Gentlemen, Companies and Firms, it is 9% stamp duty + Registration fee as per the collector rate.
The following section of Q & A’s will put a property buyer in a better position to understand that how a property can be funded for.
No, In case of registration of property, the deed is normally returned in a day or so and for that, we get one registration receipt from the Sub Registrar and normally the original sale deed is handed over to the person who shows that receipt to the o/o of Sub Registrar on the appointed day.
There are total 4 registrar offices in the city. For Huda Properties, it’s in Panchkula Tehsil; for Zirakpur and Dera Bassi properties, it’s in Dera Bassi; for Kharar Properties, it’s in Kharar, and for Mohali and Mullanpur properties, it’s in Mohali.
The building plan is required by the local Municipal Corporation as the completion certificate of a building. Major alternations will be demolished in the individually owned buildings and fee will be charged for illegal or wrongful construction. You need permission for –
- Change of Land Use (CLU)
- Pollution Department
- Fire Department
- Electricity Department
- Airforce Authorities
For the residential and industrial and commercial corporations, there is a zoning plan and it is laid down by the Municipal Corporation or any of the improvement authorities to restrict the covered areas of certain plots along with the storey and buildings on which it is been built. Similar to the prescribed distance, the properties are constructed on the side of the road.
Whether it is the commercial property or the residential property, you need to gather it from the approved property plan need to be approved by the financing authorities by going through the receipts for the purchase of property.
As far as is the matter of property in residential/commercial/agricultural areas, the fact will be verified through the jamabandi. If the fact is not verified by the said fact, then Hadood certificate will be used for verification, which is issued by Sub registrar. The document will be mentioning the proper location and address of land as per the MC limits.
The following are the Construction/Civic
authorities in the city:
Municipal Council Chief Town Planner
Transfer Application along with transfer fee
Registry (in lieu of the all four documents
Land Registry (Clear Title) Approved from the competent authority (In case of Dera Bassi and Zirakpur, it is MC Promoter License issued by GMADA NOC’s pertaining to Pollution, Fire, Airport Authority, Change of Land Use (CLU), if the project has come up after 13th June. Projects floated before June 13, 2013 doesn’t require CLU permission.