Understand what is sale deed and its format for a property in Bangalore. Learn all the important clauses & how to register the same at sub-registrar office. Continue reading
Monthly Archives: August 2017
Property registration charges in Bangalore 2018-19 & Stamp duty calculator
Get your property registration charges and stamp duty calculator on your finger tips. Also, learn about current year guidance value. Continue reading
How to avail home loan for resale property in 8 steps? - Zippserv 2017
Availing home loan on a resale flat or property could be tricky especially when the existing seller has another ongoing loan on it. Learn more. Continue reading
TDS for property registration in Bangalore - Zippserv (2018)
In effect since June 2013, the regulation mandates that on sale of property exceeding Rs. 50 lakhs in India, a tax of 1% has to be deducted on the total sale consideration before making the payment to the seller. The buyer must then deposit this 1% TDS to the Government. PAN of both the buyer and seller must be compulsorily specified while filling out Form 26QB to ensure that sellers don’t avoid taxes on the capital gains they make. This rule does not apply on sale of agricultural land. Continue reading
Sale agreement format in Bangalore - Zippserv (2018)
Learn what is sale agreement, the importance of each clause in it with examples. A good sale agreement always reduced conflict between buyer and seller. Continue reading
Property registration procedure in Bangalore - Zippserv 2018
Learn how to go about property registration in Bangalore in a step-by-step way. The article explains sale agreement, TDS, sale deed and registration. Continue reading
Demystifying A Khata vs B Khata certificate in Bangalore with examples - Zippserv 2017
Just completed registering your dream home in your name. Great but wait! Having the sale deed registered in your name is only the first step in the process of complete property ownership transfer. To complete the ownership transfer, you will have to get the Khata issued (by BBMP) in your name. This is absolutely needed to make the set of property documents official and complete. Possessing the Khata in your name is important for paying the property tax. Paying the property tax on time is crucial as it can lead to heavy fines later. Khata Registration New apartment buyers... Continue reading