A
Anil Verma
posted on 16 MayJust moved into my Lotus home
Sector 55 — just got possession of my Lotus flat here. The stamp duty and registration costs were a real shocker. Nobody really highlights that 7-8% on top of the property price in Greater Noida. Is there any actual hack to reduce this? Felt like a big hidden cost, honestly.
#stamp-duty#registration-costs#greater-noida#end-user#hidden-costs
Comments
Congratulations on your new home! But yes, the stamp duty part is a nightmare. I'm trying to finalize a place in Sector 10 and my agent said something about showing a lower value on paper for registration to save money, but I'm super scared of the legal implications. Has anyone actually tried this? Is it even legal or safe?
Please don't even think about it! My uncle did this for a plot in Ajayabpur years ago and got notices from the IT department. The penalty was way more than what he saved. Better to pay properly
Haan yaar, same pinch! My cousin bought in Alistonia Estate last year, and unko bhi yehi laga tha. They ended up paying extra for some "convenience fees" too. Lagta hai sabko yeh shock lagta hai.
Bhai, totally feel you! I'm looking in Alpha I Greater Noida and the broker barely mentioned this. Yeh hidden costs toh budget hila dete hain.