Buying a residential property for investment? Well, make certain you buy it in your lady’s or child’s title if you wish to save cash, as some continuing states offer relief in the shape of lower stamp responsibility prices for females purchasers.
Uttar Pradesh, Delhi, Punjab and Haryana offer an exemption to females purchasers in the taxes paid in to the continuing local government once you purchase a home and acquire it transmitted inside their title. If you purchase a set for Rs 1 crore in Delhi, the stamp responsibility for the male customer would be Rs 7 lakh. Continue reading “Home registration in spouse’s title may never be a good. Purchasing a house for investment?”