Get your property registration charges and stamp duty calculator on your finger tips. Also, learn about current year guidance value. Continue reading
Zippserv Blog
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
List of sub registrar offices in Bangalore - Zippserv 2017
Sub-Registrar offices in Bangalore East Sub-Registrar offices in Bangalore West Sub-Registrar offices in Bangalore North Sub-Registrar offices in Bangalore South Sub-Registrar offices in Bangalore Rural Continue reading
Home Inspection, Know all problems lurking under your roof - Zippserv 2017
Mr. Shubhamoy Sen is your typical techie living in Bangalore – engineer from a reputed college, close to 10 years of experience spread over an Indian tech firm and an MNC, married (wife is a techie too) and one kid. Having lived in a rented accommodation for the past several years, Mr. & Mrs. Sen decided that the time was right to buy their house and be done with the whole phase of renting! So, they went about the usual criteria for house hunting – proximity to school, proximity to place of work, infrastructure, budget, builder reputation etc. Like... Continue reading
Gift Deed format and applicable stamp duty in Bangalore - Zippserv 2019
What is gift deed? A Gift Deed is a transfer of an immovable property, voluntarily from the Donor to the Donee without the involvement of any monetary consideration. The person who is gifting the property is the Donor and the one accepting the gift is the Donee. The Donor should be the absolute owner of the property before initiating the Gift deed conveyance. Once the Donee accepts the gift being offered by the Donor, the Donee will become the absolute owner of the said property. The Donor will cease to have any rights over the property. The property details... Continue reading
How to apply for Encumbrance Certificate in Bangalore - Zippserv 2017
Given below is the step-by-step procedure to apply for Encumbrance Certificate in Bangalore: First, download the EC application form i.e. Form 22.The application should be addressed to the jurisdictional sub-registrar’s office, under which the property is registered. Fill the name and address details of the owner. In case a lawyer is applying for the EC on behalf of you, then they usually fill their details. This is just a placeholder. You will need to provide one photocopy of any previously executed deed of the said property. This can be previous sale deeds, partition deeds, gift deeds, release deeds, etc... Continue reading