WebFeb 24, 2024 · The land acquisition law specifies that in addition to the market value of the land, the collector (land acquiring authority) shall award an amount calculated at the rate of 12% per annum on such market value for the period commencing from the date of notification of social impact assessment study. WebSep 1, 2024 · Suppose, the circle rate in the area, where you are buying a 1,500-sq ft plot is Rs 1,000 per sq ft. In this case, you cannot register the property for less than Rs 15 lakhs (1,500 x 1,000). Even if the seller is willing to sell this plot for Rs 14 lakhs, the plot’s sale will not be registered below Rs 15 lakhs.
Unlock 1.0: Property registrations in Bihar pick up the pace, boost ...
WebWhat is the Circle Rate? The Circle Rate is the minimum price, at which the sale or transfer of immovable property can be registered before being sold or transferred, whether it is land, an apartment, a warehouse, etc.. In order to register the properties with the government, the circle rates must be determined first. These circle rates are often … WebBihar land or property Circle Rate, Stamp Duty Valuation and Registry fee - YouTube bihar land registry fee , land registry fees in bihar , bihar land registration rate Bihar... candles for swedish angel chimes
Stamp Duty in Bihar and Property Registration - Pay Online ...
WebFeb 27, 2024 · Known as circle rates generally, the minimum value is the benchmark rate beyond which a particular property cannot be sold in the state of Bihar. You can also receive this detailed information on the IGRS Bihar portal for serving the purpose. WebOct 19, 2024 · In the latest package, the centre has decided to increase the differential rate between the circle rate and the agreement value from 10% to 20%. This is will be applicable till June 30, 2024, for only primary sale of residential units of value up to Rs 2 crores. Stamp duty calculation based on circle rate WebDelhi Circle Rates Notification 2024. The Union territory administration sets the circle rates in Delhi. The Delhi government announced a 20% drop in circular rate across all categories of houses in February 2024, at a time when the property market in the national capital was under pressure due to the impact of the pandemic. fish restaurant tyler tx