Maxwell, Goa
Q: What are the present property registration and stamp duty charges in Goa?

My replies to this discussion
I will be happy if anybody share me related to my query. How is the stamp duty calculated in Goa?I will be happy if anybody share me related to my query. How is the stamp duty calculated in Goa?
Good evening everybody!!! In order to provide relief and to protect the interest of the members of the Co-operative Housing Society, Goa Govt. has proposed to rationalize the stamp duty in favour of Co-operative Housing Society to pay only 0.6% stamp duty to the members or purchasers of units, who have already executed the agreement of sale as per the Stamp Act.Good evening everybody!!! In order to provide relief and to protect the interest of the members of the Co-operative Housing Society, Goa Govt. has proposed to rationalize the stamp duty in favour of Co-operative Housing Society to pay only 0.6% stamp duty to the members or purchasers of units, who have already executed the agreement of sale as per the Stamp Act.
Hi all, Hi friends, The payment of Stamp Duty is split between that payable at the time of the Agreement of Sale and that at the time of the Deed of Sale. At the time of Agreement for Sale : 2.9% a) If the base amount is INR 50,00,000 (Rs Fifty Lakhs Only) and INR 75,00,000 (Rs Seventy Five Lakhs Only) and INR 1,00,00,000 (Rs One Crore Only) At the time of Sale Deed : 2.1%Hi all, Hi friends, The payment of Stamp Duty is split between that payable at the time of the Agreement of Sale and that at the time of the Deed of Sale. At the time of Agreement for Sale : 2.9% a) If the base amount is INR 50,00,000 (Rs Fifty Lakhs Only) and INR 75,00,000 (Rs Seventy Five Lakhs Only) and INR 1,00,00,000 (Rs One Crore Only) At the time of Sale Deed : 2.1%
My comments to replies
what is the purpose of stamp duty?
The purpose of stamp duty is to raise revenue for the local governments. Additionally, payment of stamp duty imparts legality to the document and this can be submitted as an authentic document in courts.
15th September 2014

Stamp duty and registration fees are part of title transfer process, without which the buyer has no legal title to the property. If you are a non resident Indian or an overseas buyer I advise you to kindly check with your builder and developer for the exact fee and registration charges. Most good builders offer free services to clients who are not familiar with the local registration process.
Hi Leena, thanks for the quick response.
23rd July 2013

Hello Maxwell, the rules for stamp duty and registration fee are not fixed and keep on changing as per the local state governments. As of now Realty Goa's Sourcing & Coordination Fees of 2% + Govt. Service Tax is also to be paid by the client. Overall Stamp Duty and registration charges for property in Goa are currently a total of 4% of the total value of the residential property.
Thanks James for the reply :)
23rd July 2013

Yes the above user has pretty much answered the question in totality. As of today the Stamp Duty and registration charges for property in Goa are currently a total of 4% of the total value of the residential property. To avoid any unnecessary hassles I advise you to be personally present in Goa for signing the Agreement of Sale and Sale Deed and registration of these legal documents. However if this is just not possible, you may appoint a Power of Attorney to sign and register the documents on your behalf.
Thank you all for the information. This would be very helpful for me :)
23rd July 2013

Q: What are the good projects to buy villa in North Goa?
My replies to this discussion
Property prices including Villas are more expensive in North Goa as compared to South Goa near Margao. Because of Goa’s tourist interest and serene beauty, a number of developers are selling villas across the state. Heritage Exotica and Riveria Foothills in Arpora are offering good villas between 40 to 50 Lacs while you can also consider Samaraya Villas in Reis Magos which is backed by DLF.Property prices including Villas are more expensive in North Goa as compared to South Goa near Margao. Because of Goa’s tourist interest and serene beauty, a number of developers are selling villas across the state. Heritage Exotica and Riveria Foothills in Arpora are offering good villas between 40 to 50 Lacs while you can also consider Samaraya Villas in Reis Magos which is backed by DLF.
Q: As i have come to know it is actually illegal to sell the SBU but builders are doing it so, which is very disappointing specially for middle class who has to pay hefty loan interest as well, is there any way to avoid paying for SBU ?or if i buy the flat on that rate why should i again be charged for maintenance of the common areas which are sold to me once? why car parking is not included ? in every other country owner of the flat is eligible for one car parking but here it's sold again above all the false charges ,if we do not agree with the terms builder is imposing we will lose the deal and we go through it we will lose our life saving...i'm very disheartened to see such practice shattering the dream of every middle class family to own a house. Kindly some one tell me if it is at all possible to avoid paying 35% extra for the area which is not even usable? or in the other world it is sold to every single flat owner once?

My replies to this discussion
Hello dear, I will be happy if anybody share me related to my query, I want to know what is the difference between FSI and FAR?Hello dear, I will be happy if anybody share me related to my query, I want to know what is the difference between FSI and FAR?
What is loading factor? Is loading factor differ from state to state?What is loading factor? Is loading factor differ from state to state?
Q: 500Sqft. Furnished Flat Available For Rent In Panaji Address:- St. Inez bus stop, Panaji, Goa-403001 Property Type:- Residential Area:- 500 Square feet. Bedrooms:- 2 BHK Bathrooms:- 2 Bathrooms Rent:- Rs.15000/- Per Month (Negotiable) Furnished Status:- Furnished For More Details or any kind of properties in Goa. Contact Us:-

My replies to this discussion
Hi, For your requirement you can follow this link. List your Property for Rent at Property for Rent to get prospective tenant detailsHi, For your requirement you can follow this link. List your Property for Rent at Property for Rent to get prospective tenant details
Q: Looking to purchase an apartment at maria rosa, pool or field facing preferred. Quick deal. Clear title required.

My replies to this discussion
Hi! Don, as far as i know all the apartments in Maria Rosa-11 has been sold. You can buy same kind of properties near Candolim beach, Airport Road Chicalim and Candolim - North – Goa.Hi! Don, as far as i know all the apartments in Maria Rosa-11 has been sold. You can buy same kind of properties near Candolim beach, Airport Road Chicalim and Candolim - North – Goa.
Hello Sachin, you can follow this link for your requirements. List your property for sale at List property for sale to find right buyer.Hello Sachin, you can follow this link for your requirements. List your property for sale at List property for sale to find right buyer.
My comments to replies
Can anybody give a short detail about the Saldanha Developers & their projects?
Saldanha Developers Pvt Ltd is one of the leading developers in Goa. Saldana Group is managing its business for the past 20 years with best track record and managed high reliability status. They constantly make the effort to deliver unmatched quality and outstanding value. Their Design and style staff deliver modern floor plans with guidance to maintain remarkable artistry. Saldana Grouphas successfully completed its 9 projects whereas 3 projects are still in progress and 4 more to come. Some of their completed projects are Jose Menin, Keshia Holiday Kottages, Kieran Park etc.
27th January 2014

How is the civic & social infrastructure of the place?
There are few famous school, Colleges , Hospitals, Bank/ATMs, Restaurents, Shopping Malls, Bus Stops, Airports, Parks, Petrol Pumps, Places Of Worships and Supermarets where one can get all their necessary stuffs for daily use. within 3 Kms. of the project Maria Rosa-11.
27th January 2014

Q: is it possible to make an Agreement to Sale with Sale Deed in single document for residential property

My replies to this discussion
Hi, There is no prescribe format for an agreement to sale in respect of residential property. you can attach Agreement to sale and sale deed in single document by adding main clause of both the Agreement. but it is advised to get both document separated as this is legal matter and time to time you need this document separate.Hi, There is no prescribe format for an agreement to sale in respect of residential property. you can attach Agreement to sale and sale deed in single document by adding main clause of both the Agreement. but it is advised to get both document separated as this is legal matter and time to time you need this document separate.
My replies to this discussion
Hi, Here are the list of ongoing projects in North Goa. These are Sun Escora in Porvorim, Aquem plaza in Margao, Sattva Waters Edge Villas in Sancoale, Saldanha Orchid Villa in Siolim, Dongorim Pearl Villas in Navelim, Ashok Beleza Villa in Alto- Betim, Remus Postcard Portico Villas in Guirim Road, Emerald Sangolda Residency Villas in Porvorim, Heritage Floresta Villas in Siolim, Saldanha Countryside in Chorao, Talak Pasquina Enclave in Varca, Anand Bose Aqua Bay in Dabolim, Pinto Rosario Square in Soccoro, Costa Valley View in Bambolim, Colonia De Flores in Assagao, Hindustan En Harmonie in Nagao etc. Hi, Here are the list of ongoing projects in North Goa. These are Sun Escora in Porvorim, Aquem plaza in Margao, Sattva Waters Edge Villas in Sancoale, Saldanha Orchid Villa in Siolim, Dongorim Pearl Villas in Navelim, Ashok Beleza Villa in Alto- Betim, Remus Postcard Portico Villas in Guirim Road, Emerald Sangolda Residency Villas in Porvorim, Heritage Floresta Villas in Siolim, Saldanha Countryside in Chorao, Talak Pasquina Enclave in Varca, Anand Bose Aqua Bay in Dabolim, Pinto Rosario Square in Soccoro, Costa Valley View in Bambolim, Colonia De Flores in Assagao, Hindustan En Harmonie in Nagao etc.
Investing in a piece of land in Goa with its exotic beauty and calling it your own can be considered as one of the best things to do in the recent times. When extensive development takes place in the neighbouring vicinity in Porvorim, the value of the property can see an escalation in price as well. If you are a beginner then a few tips will need to be followed. Proper planning and research on private and public beach areas will be needed to lessen the risks involved if any. To end up in a winning side you will need to do your homework well first of all.Investing in a piece of land in Goa with its exotic beauty and calling it your own can be considered as one of the best things to do in the recent times. When extensive development takes place in the neighbouring vicinity in Porvorim, the value of the property can see an escalation in price as well. If you are a beginner then a few tips will need to be followed. Proper planning and research on private and public beach areas will be needed to lessen the risks involved if any. To end up in a winning side you will need to do your homework well first of all.
Q: The NDA Government is planning to introduce a extensive real estate regulation bill to protect the interests of the buyers as well as to regulate the industry
My replies to this discussion
Yes Aveek, Let them do their duties. UPA has got so many years to prove but failed. As per the present provision, anyone buying more than 4 flats in a project is treated as a promoter. Yet, to find a solution to this trend of a few buying more flats and having monopoly in management of affairs, the committee is recommending that all such buyers will get "one voting right" like that of other buyers. But the UPA's statement was very rude in the Parliament.Yes Aveek, Let them do their duties. UPA has got so many years to prove but failed. As per the present provision, anyone buying more than 4 flats in a project is treated as a promoter. Yet, to find a solution to this trend of a few buying more flats and having monopoly in management of affairs, the committee is recommending that all such buyers will get "one voting right" like that of other buyers. But the UPA's statement was very rude in the Parliament.
My comments to replies
Even the government is streamlining the process in consultation with the states. Some of the issues such as sand scarcity in AP are in the domain of the state Government, but their government will address the issues in the center, promised the builders.
Hey Jackie, But as per the current news, once again the introduction of the real estate regulator bill was delayed on Tuesday as the government said it was consulting all parties and would consider the demand by some Rajya Sabha MPs to send it to a select committee.
6th May 2015

He also told the developers that at present, the interest on housing loans ranging between 10 to 11% and the their government is planning a support scheme to bring it down to a manageable 7-8%.
He Aveek, But as per the current news, once again the introduction of the real estate regulator bill was delayed on Tuesday as the government said it was consulting all parties and would consider the demand by some Rajya Sabha MPs to send it to a select committee.
6th May 2015
Right Sir, As per the Samajwadi Party MP Naresh Agarwal, government had not consulted any other political party despite the fact that it had confident the House of the same. He also demanded that the bill cannot be referred to a joint committee since it is a property of the upper House.
6th May 2015
Further, Parliamentary affairs minister M Venkaiah Naidu said that he would like to consult political parties before taking a final view whether to refer it to the select committee or to do something else.
7th May 2015

Right Subra..... Only discussion is not the solution for the sluggish realty market. I don't think it will come into force soon. The Congress members have also demanded that the regulatory law be made applicable to all realty projects without making any exceptions. Now, the panel has recommended inclusion of smaller sized projects under the limit of the regulatory authority but it has limited it to plots larger than 500 sq-mt or with 8 apartments or more.
Good Morning Aveek, I am not against any party, But it seems to me that congress want to divert the mind of the NDA because their view in the form of dissent note by Congress has surprised many, as even the original bill that NDA government had brought to the Parliament had the provision that all projects could register with the regulator only if these were developed on plots measuring more than 1000 sq-mtr.
3rd August 2015

Q: Hi! The Real Estate Regulation Bill, which was 1st presented by the UPA government in the Rajya Sabha in August 2013, was accepted by the Union Cabinet on 7th April 2015.
My replies to this discussion
Hi everyone, We are very close to achieve the amended real estate regulatory bill which has several penalties clause for the builders. As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers.Hi everyone, We are very close to achieve the amended real estate regulatory bill which has several penalties clause for the builders. As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers.
My comments to replies
Hi everyone, We are very close to achieve the amended real estate regulatory bill which has several penalties clause for the builders. As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers.
I heard that the steps was taken after holding public consultations across the country, several members of the panel are of the opinion that provisions for prosecution and imprisonment should be added in most cases where builders fail to discharge their duties and functions. I appreciate the panel's decision. It will bring more clarity in the Indian real estate market.
7th July 2015

Hello friends!!!! It means "Achche Din Aa gaye". Modi Govt is really doing a great job for this country. Currently, there are many builders who have to be controlled in and the current disciplinary action measures may not work as a sufficient defensive. So, the main objectives of the committee is to see how best they can protect the interests of helpless consumers from the high-handedness of powerful, unethical builders.
Right Ketal, The existing version of the bill provides for setting up state-level housing regulatory authorities and tribunals, and includes all residential and commercial projects over a certain area under its limit.
7th July 2015

Q: Now a day most of the newspaper is come up with the article that goa is good option for second investment purpose? Is it true really?
My replies to this discussion
Purchasing a home in Goa for Goans is getting progressively troublesome in light of the fact that a considerable measure of rich individuals from outside are purchasing "occasion" homes here. The costs are escaping from hand for the neighborhood populace. A few untouchables purchase homes just for their New Year festivals.Purchasing a home in Goa for Goans is getting progressively troublesome in light of the fact that a considerable measure of rich individuals from outside are purchasing "occasion" homes here. The costs are escaping from hand for the neighborhood populace. A few untouchables purchase homes just for their New Year festivals.
I read this blog. This is really very interesting and useful tips.I would personally like to know How to afford a second home?I read this blog. This is really very interesting and useful tips.I would personally like to know How to afford a second home?
My comments to replies
Hi, It is true that current trend is sifting for second home search and only one name come these day GOA, which give investment return as well as weaken outing.
Now a days affordable housing is increasing trends and most of the person is looking for investment and getting max appreciation. Affordable, need-based housing is fast shrinking in Goa even as the state is being positioned as a option for destination for the rich and an ideal market for investment-oriented second homes.
22nd April 2015

I read this blog. This is really very interesting and useful tips.I would personally like to know How to afford a second home?
Thanks you all, I would like to know how many of us can afford to buy a second home? What are the risks involved? How can we manage our finances efficiently that the EMIs of the second home do not hurt our liquidity or savings?
9th October 2015

Q: We booked an under construction apartment and paid 2.9% stamp duty against Agreement to Sale. Now that i have to make sale deed for apartment i have to pay balance. My apartment cost 28.5 lacs so i was assuming i have to pay a total of 5%. Is this rate same? Where i can find this information. Second question: As per agreement i have to alos pay for service tax amount to builder. What will be rate at which this amount to be calculated? 12.26% (1/4th) which we made agreement to sale or 14% (1/4th) which is applicable now ?

My replies to this discussion
Hi Abhishek, As per my knowledge currently the stamp duty is 7% and registration charges is 1% as per Goa govt. But for better understanding you can consult with the local legal advisor with all document.Hi Abhishek, As per my knowledge currently the stamp duty is 7% and registration charges is 1% as per Goa govt. But for better understanding you can consult with the local legal advisor with all document.
My replies to this discussion
Talak Madhuban@ Ponda, GoaTalak Madhuban@ Ponda, Goa
Q: The Goa Cabinet today granted formal approval for the Smart City Proposal of Panaji which has been forwarded to the Urban Development Ministry.

My comments to replies
But Goa is already amongst the 100 cities shortlisted by the Centre to get funds under Smart City Project. Goa had forwarded its Rs 981.11 crore proposal to the union ministry on December 14, 2015.
Yes, but it is a formality to get it approved in the State cabinet. They are happy that they are amongst 100 cities compete to get selected. And the suggestions from 19619 locals were received which were made the part of the proposal.
11th January 2016

Q: The questioning of Nirmal Singh Bhangoo, owner of Pearls group revealed details of these properties.

My replies to this discussion
Hi Folks, They also found that the company has agriculture land of around 800 acres near Bengaluru with the aim of developing Pearls Township, 37 residential plots and commercial properties in Gurgaon and 50 residential and comemrcial properties in Punjab were also allegedly purchased by the group, CBI claimed.Hi Folks, They also found that the company has agriculture land of around 800 acres near Bengaluru with the aim of developing Pearls Township, 37 residential plots and commercial properties in Gurgaon and 50 residential and comemrcial properties in Punjab were also allegedly purchased by the group, CBI claimed.
Q: Hello, can someone advice? My mother in law owned an appartment in Goa.Three years ago we bought it from her and paid cash . we didnot change the property name at that moment. we are now looking to transfer the property to our name. we were informed that we could avoid all expenses if she makes an inheritance will stating that the property will pass on to us at the time of her death, Is this so? IF NOT what are the current percentages of taxes, registeration etc we will have to pay? is it an easy process or should we hire a lawyer, to take care of this since we live in mumbai? thanks in advance
My comments to replies
Thanks friends for your info, which is of great help! However, as Sankalp says, I think we will hire a local lawyer. Just hoping the procedure of transfer does not take too long though, I hope 2 weeks to will be more than sufficient for the entire process?!
Yes, last year, state government has reduced the stamp duty charges on executing sale deed of residential flats and homes. Now, people have to pay only 0.6% stamp duty if they have already executed the sale agreement.
23rd February 2017

Q: Stamp duty of over a lakh of rupees was paid in 2015, the deal didnt go through because of some changes in the building plan by the builder. Now can we get a refund of the stamp duty? the builder has refunded the money advanced.

My replies to this discussion
HI Martha, There is a provision in the Maharashtra Stamp Act for the refund of stamp duty in certain cases; for example where a property transaction intended is not completed. This is, provided the application for refund is made within the prescribed time frame or there is a change in floor plans and amenities.HI Martha, There is a provision in the Maharashtra Stamp Act for the refund of stamp duty in certain cases; for example where a property transaction intended is not completed. This is, provided the application for refund is made within the prescribed time frame or there is a change in floor plans and amenities.
Q: What is the amount of stamp paper required when making an agreement of sale of a resale flat, 4 years old, price 43 lakhs.

My replies to this discussion
Hi Karen, Goa government wants to pay stamp duty & registration charges : In base amount < 25 Lakhs - 4%. In base amount 25 lakhs-50 Lakhs its - 5% In base amount 50 Lakhs1 CR its - 5.5% In base amount 1 CR & above its - 8.5%.Hi Karen, Goa government wants to pay stamp duty & registration charges : In base amount < 25 Lakhs - 4%. In base amount 25 lakhs-50 Lakhs its - 5% In base amount 50 Lakhs1 CR its - 5.5% In base amount 1 CR & above its - 8.5%.
My comments to replies
Hi, The payment of Stamp Duty is split between that payable at the time of the Agreement of Sale and that at the time of the Deed of Sale. At the time of Agreement for Sale : 2.9% a) If the base amount is Rs.5000000 (Rs 50L only) and Rs.7500000 (Rs.75L only) and Rs.10000000 (Rs.1 Crore only) At the time of Sale Deed : 2.1%
Right Leena, Similarly Registration Charges splits:- a) If the base amount is Rs.2500000 and Rs.5000000 and Rs.7500000 and Rs.10000000 At the time of Sale Deed : 4%
26th August 2016

Q: • I have booked an apartment in Palolem Hills and am very excited for the completion of the project. The entire process was excellently handled and I receive regular updates regarding how far the project construction has gotten. Very impressed!

My comments to replies
Hi all, I am interested in a project called Palolem Hills, Canacona, Goa and planning to book a 2BHK units in it. Can you provide me details of the Down Payment Plan and the construction link plan?
Hi Roshni, Under the down payment plan option, you have to pay 95% of the basic cost of the flat + ST and before handing over the possession, balance 5% + Stamp Duty & Registration Charges + Service Tax as applicable + car parking + club membership + other deposit and charges. Under construction linked plan:- At the time of booking, 30% of Unit Price + Service Tax, after completion of Plinth work - 10% of units price + St, after completion of 1st floor - 10% of unit price + ST, after completion of 2nd floor- 10% of unit price + ST, after completion of 3rd floor - 10% of unit price + ST, after completion of 4th floor - 10% of unit price + ST, at the time of flooring - 10% of unit price + ST, at the time of wood work and electrical fitting - 5% of unit price + ST and before handing over possession - 5% of the unit price + ST + Car Parking + Club Membership + Maintenance deposit + Stamp Duty + Registration Charges + other Deposits and Charges.
11th November 2016

My replies to this discussion
Hello Priyanka!! Last year, state government has reduced the stamp duty charges on executing sale deed of residential flats and homes. Now, people have to pay only 0.6% stamp duty if they have already executed the sale agreement.Hello Priyanka!! Last year, state government has reduced the stamp duty charges on executing sale deed of residential flats and homes. Now, people have to pay only 0.6% stamp duty if they have already executed the sale agreement.
Heloo Priyanka! Stamp duty and registration fee applicable in Goa:- 1) Stamp duty structure under Goa Stamp Act is as follows: a) Consideration Stamp Duty Rupees:- 2500000-5000000= 3%, 5000000-10000000:- 4%, Above Rs. 1 crore:- 5% and, B) Registration fee: 2% on the consideration.Heloo Priyanka! Stamp duty and registration fee applicable in Goa:- 1) Stamp duty structure under Goa Stamp Act is as follows: a) Consideration Stamp Duty Rupees:- 2500000-5000000= 3%, 5000000-10000000:- 4%, Above Rs. 1 crore:- 5% and, B) Registration fee: 2% on the consideration.
My replies to this discussion
Hi, Rahul!! Do you have any updates on Amrapali Dream Valley Enchante, Greater Noida? Any buyers of this project, please share some useful information of this project. As my money has stuck with this project.Hi, Rahul!! Do you have any updates on Amrapali Dream Valley Enchante, Greater Noida? Any buyers of this project, please share some useful information of this project. As my money has stuck with this project.
Q: Hi, we conduct home inspections services for home buyers in the state of Goa & would like to know what are the problems home buyers face after they complete the purchase of their new home.

My replies to this discussion
Hi Home inspection services are always a good idea to inspect the house and spread the issues to the buyers. some of the problems that home buyers face after they complete the purchase of their new home are 1.water leakage, dampness 2.cracks, finishing 3. issues in windows and doors, improper installation of switches and socket boxes 4. safety issues, under rated wire gauge 5. no proper drainage for the outflow of waterHi Home inspection services are always a good idea to inspect the house and spread the issues to the buyers. some of the problems that home buyers face after they complete the purchase of their new home are 1.water leakage, dampness 2.cracks, finishing 3. issues in windows and doors, improper installation of switches and socket boxes 4. safety issues, under rated wire gauge 5. no proper drainage for the outflow of water
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