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Rules to Calculate Government Valuation of Flat Property

Calculation of Valuation of Property (For Residential Flats ONLY) Introduction –  While buying a Property, calculating the exact Valuation of the Property is very important, as the Stamp Duty and Registration Fee is applicable on the consideration price decided by the parties or the Valuation of the Property (as per Government ready reckoner rate), whichever…

Difference between Registration and Notary

Registration Process – In the Registration process, one copy of the document (eg. sale agreement, sale deed, gift deed, etc.)  gets stored in the Government database with one unique number. For example, see the following image. By using such document numbers these documents can be cross-verified and downloaded from the Government Website. Notarization Process –…

Aadhaar Authentication Failed? Rent/Leave & License Agreement

Sometimes while doing eRegistration of Leave and License Agreement users may experience Aadhaar Authentication Failure. One of the reasons for this is the lock could be active to access biometric verification would be enabled. To disable the lock follow these steps – I hope your problem gets resolved. FAQ – Online Leave & License Agreement…

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Government Rates & e-Valuation of Properties – Online Ready Reckoner

Knowing the Government Value is very important while transferring property as this value should be taken into consideration while calculating the Stamp Duty and Registration Fees. As per the rule, Stamp Duty and Registration Fees will be applicable on higher value between the Government Value and Consideration Price. For example – The Government Valuation of…