Real Estate India: Information regarding the correct way of registering a sales deed

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Question asked by Mr Ravishankar Kuruganti from US:

I booked a flat 18 months back. The flat is now ready for possession; I need to do registration of the flat. Can you please suggest whether the Service tax and VAT are applicable to me? Do i need to pay service tax to the builder? There are 56 flats in this complex.

Mr. Ravishankar Kuruganti, USA

Vatsala Answers:

It is not clear what is the exact problem with the sale deed. You cannot get anything regularized in the green belt area unless there is a similar scheme like Sakarama applicable. Sakrama is now applicable only in the (BBMP) Corporation areas. You can use your contacts to find a suitable lawyer. Vatsala http://www.atoneplace.com.

For more information, kindly visit at Real Estate India or Online Real Estate Video.

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