How much is land registration fee in Kerala?

The value of the stamp actually depends on your purchased property’s price. You can easily get the stamp duty rate from the Registrar’s office or from the website. In Kerala, the general stamp duty rate is 8% and registration charge is 2%, so total 10%.

How can I check my land registration online in Kerala?

Visit official website erekha.kerala.gov.in and click on Verification Tab on the home page. On the next page, fill the landowner details like name, address, email, phone number, etc. Also fill the land details like survey number, district, village, taluka, etc. Enter the document type, purpose, and other document …

How is stamp duty paid in Kerala?

Stamp paper is the traditional way of paying stamp duty and registration charges. The owner needs to purchase a non-judicial stamp paper from an authorised vendor. Once the non-judicial stamp paper obtained, the transaction details will be written or typed on them.

What is land fair value?

The fair value of property or land is fixed by the state authorities. The market value is set by the marketplace, based on the overall demand and supply scenario. Usually, fair value of land is considered for stamp duty and registration of deeds, if the declared transaction value is lower than the fair value of land.

How much does it cost to register land in Kerala?

Moreover, you need to accomplish the registration process within the time frame that is mentioned in the sale agreement. Usually, 2% of the cost of the land is taken as registration fees, irrespective of the location of your land or property. 11. Receive the Documents:

How is a mutation recorded in Kerala Property Registration Office?

A “mutation” is the process when a property is handed over to another person, there are changes of name in the records of Kerala property registration office. The mutation is recorded for tax payment purpose mainly during sales tax in Kerala house registration. Mutation does not act a proof that the ownership of the property goes to you.

Who is the Finance Minister of Kerala in 2014?

Finance Minister of Kerala, Mr. K. M. Mani, presented the 2014-2015 budget on January 24, 2014 and introduced few changes in the land registration charges and stamp duty for registration of property sales. Here are the major changes in the stamp duty and registration charges, proposed in the new budget.

How is the fair value of land in Kerala determined?

Know the detailed fair value in Kerala. The stamp duty is based on the actual value of the property. But one thing is mandatory, that the sell value cannot be lower than the fair value of the land and is determined by the government.