This is a sample calculation table to find how much would you need to spend , based on present property registration fees and stamp rate , when purchasing a property . This information is provided for understanding and planning purpose only. Though, the numbers provided here are based on recent registartions , it may not be accurate for every place in kerala.
At this time, the rate of stamp duty in panchayat area is
10% plus registration fee and surcharge 2 %. The total is 12%. For the registration in municipal area 12 % plus registration and surcharge fee 2 %. The total is 14 %. For registration within the Corporation area 13.5% is for registration & surcharge fee 2 %. Total is 15.5 %.
You can do your own calculation using this Excel spread sheet..
If you have a google/gmail account use this google url
http://spreadsheets.google.com/ccc?key=pU7ASvIyVxppYUEtlWHI_fA&hl=en
You may download the Excel spread sheet from below link
http://rapidshare.com/files/101655095/Land_Registration_Price_Calculator.xls.html
If you have a google/gmail account use this google url
http://spreadsheets.google.com/ccc?key=pU7ASvIyVxppYUEtlWHI_fA&hl=en
You may download the Excel spread sheet from below link
http://rapidshare.com/files/101655095/Land_Registration_Price_Calculator.xls.html
How to use this calculation to find the price for your transaction
Column B7 :- Enter the total area of land (in cents) in your transaction
Column B8 :- Enter price per cent
Column B12 :- Enter fare value per cent
Column B7 :- Enter the total area of land (in cents) in your transaction
Column B8 :- Enter price per cent
Column B12 :- Enter fare value per cent
The total price is shown on Column 15, depending upon if the property is located under panchayat , muncipality or corporation