Registration of property may cost more on Delhi pattern

  • | Wednesday | 26th June, 2019

Ramkrishan UpadhyayTribune News ServiceChandigarh, June 25Registration of property in the city is likely to cost more as the MC is mulling over levying transfer duty on the pattern of the Delhi Government. The UT is currently charging 5 per cent of the collector rate as stamp duty for registration, besides the registration fee. In Delhi, residents are paying 6 per cent of the collector rates for registration. Of the 6 per cent, 3 per cent stamp duty goes to the kitty of the Delhi Government, while 3 per cent transfer duty goes to the MC. Besides, the MC is also considering street charges for owners of cars and other commercial vehicles in Chandigarh on the Delhi pattern.

Read Full Article Here

If You Like This Story, Support NYOOOZ



Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Stay updated with all the Chandigarh Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles