RESIDENTIAL PROPERTIES FOR LEASE DEED REGISTRATION BY FIRST ALLOTTEE

(A) For plot allotment @  Rs. 950.00 per sqm. 

 

S. No.	Plot Size (in Sqm.)	Lease Rent	Stamp Paper (At  present)	Ramp Charges	1% Penalty for late registration	Registration Fee
1.	60	5820.00	5050.00	13200.00	570.00	3000.00
2.	120	11520.00	10100.00	14550.00	1140.00	5000.00
3.	200	19120.00	16800.00	15550.00	1900.00	5000.00
4.	350	33370.00	29300.00	17550.00	3325.00	5000.00
5.	450	42870.00	37700.00	18050.00	4275.00	5000.00

 (B) For plot allotment @  Rs. 1200.00 per sqm. 

 

S. No.	Plot Size (in Sqm.)	Lease Rent	Stamp Paper (At present)	Ramp Charges	1% Penalty for late registration	Registration Fee
1.	60	7320.00	6400.00	13200.00	720.00	4000.00
2.	120	14520.00	12750.00	14550.00	1440.00	5000.00
3.	200	24120.00	21150.00	15550.00	2400.00	5000.00

(C) For plot allotment @  Rs. 2400.00 per sqm.

 

S. No.	Plot Size (in Sqm.)	Lease Rent	Stamp Paper	Ramp Charges	1% Penalty for late registration	Registration Fee
1.	60	14520/-	12720/-	13200/-	1440/-	4000/-
2.	120	28920/-	25400/-	14550/-	2880/-	4500/-
3.	150	36120/-	31700/-	15550/-	3600/-	5000/-
4.	250	60120/-	52900/-	16200/-	6000/-	5060/-
5.	275	66120/-	58100/-	16200/-	6600/-	5000/-
6.	288	69240/-	60900/-	16200/-	6912/-	5060/-
7.	350	84120/-	74000/-	17550/-	8400/-	5000/-
8.	450	108120/-	95200/-	18050/-	10800/-	5000/-
9.	500	120120/-	105700/-	18700/-	12000/-	5060/-

Note: - The rates are based on Standard plot sizes.  In case the plot size increases (in lease plan) the amount shall be calculated as below.

• Access area amount: @ rate of allotment


• Lease Rent: 10% of the total plot value


• Others expenses shall remain same


• In every case of registration, locational charges, if applicable as per brochures of specific scheme, shall be included in the premium of the plot for calculating lease rent, stamp duty


• Normally, our set rules for every scheme except Delta, P3 & Sector-37 is that:
  
  
  • Within 3 years from the date of allotment, allottee has to get his/her plot registered
  
  
  • Within 5 years from the date of allotment, allottee has to get construction complete and obtain completion certificate by even constructing the minimum, as per our building by laws
  
  
  • After elapse of 5 years from the date of allotment, allottee can avail another 3 years as time extension for construction with 4% time extension charge for the first year, 6% for the second year and 8% for the third year (Cumulative)
    
    
  
  
  
  


• Last date of registration of plot with 1% penalty of the total premium of the plot is 31-12-2002 in sector Delta, Sec.-37, Pocket-P3


• In sector-Delta, P-3, Sector-37, the last date for construction is December 2003 beyond which allottee can avail 3 years as time extension for construction with time extension charges @ 4% for the first year, 6% for the second years and 8% for the third year (Cumulative)


• Last date of registration of plot with 1% penalty of the total premium of the plot is 31-12-2002 in sector SWARN NAGARI and untill 31-3-2003 along with 2% additional penalty


• Last date for construction in Swarn Nagari sector is 19-11-2003 beyond which allottee can avail 3 years as time extension for construction with time extension charges @ 4% for the first year, 6% for the second years and 8% for the third year (Cumulative).

FOR TRANSFER OF UNREGISTERED PLOT OR REGISTERED PLOT TO SECOND ALLOTEE:

This is to inform that if the first allottee transfers the plot (unregistered or registered) the second allottee is required to execute transfer deed (registration of plot before the sub-registrar) for which stamp duty will be calculated as 8 % of the circle rate of the plot size. The current circle rate is Rs. 3680/- per sqm. for residential plots.

 

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