Under-valuing for stamp duty is a trap.

Bought a plot in New Chandigarh 2 years back, paid 6% stamp duty. Now eyeing a secondary market 3BHK at ₹1.2 Cr. That stamp duty component is huge! For new Ambika Realcon projects, it's clear. But for resale, are sellers open to under-valuing for registration to save stamp duty? Or is that too risky now for ROI?

#stamp-duty#secondary-market#new-chandigarh#roi#registration

Comments

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Shubham Kumar13 May

Yaar, ye stamp duty is such a killer! ₹1.2 Cr ka 3BHK, usme 6-7% extra? That's almost 7-8 lakh just for registration! My budget is already stretched thin, this component just makes it feel impossible. Is there really no way around it for resale properties?

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karanvir_singh123xyz13 May

Exactly! Yeh stamp duty hi toh saara budget bigaad deti hai. Lagta hai rental pe hi rehna padega aur kuch saal.

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