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Refund of stamp duty and cancellation of sales deed
07-Jun-2023 (In Property Law)
We bought property for which we paid 20 % and registered the property now due to finance issue can't go ahead with payment .if we cancel booking can we get stamp duty refund also how much is the stamp duty on cancellation deed for this registration was done in 12/2017
Dear Querist,
You can execute a deed of cancellation and ask builder to write reason that he is not able to develop or handover possession. Then you will get almost 90% -99% of your stamp duty amount depending on your mode of payment.
You can execute a deed of cancellation and ask builder to write reason that he is not able to develop or handover possession. Then you will get almost 90% -99% of your stamp duty amount depending on your mode of payment.
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Adv. Rakesh Misar
Mumbai | 200+ Answers
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This is my response to you:
1. This will depend on the sale deed or agreement to sell document entered by you
2. Also if the project is RERA registered or not
3. You will have to consult a local lawyer, discuss full facts and take steps
1. This will depend on the sale deed or agreement to sell document entered by you
2. Also if the project is RERA registered or not
3. You will have to consult a local lawyer, discuss full facts and take steps
Helpful?
32+
32+
Adv. Gowaal Padavi
Mumbai | 500+ Answers
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