Registering an agreement for sale provides legal validity, protects rights, ensures transparency, and prevents disputes. It confirms ownership transfer, ensures compliance with laws, and protects against fraud.

Carpet area refers to the actual usable floor area of a property, excluding:

– Walls
– Balconies
– Verandas
– Common areas
– Utility areas

It’s the area where a carpet can be laid.

To qualify for exemption:

– Hold the property for at least 2 years (long-term capital gain)

– Invest in another property within 2 years (Section 54)

– Invest in specified bonds or funds (Section 54EC)

– Claim exemption under Section 54F (investment in new residential property)

– Meet other conditions specified in the Income Tax Act

Yes, stamp duty and registration fees apply to:

– Transfers (sales)

– Gifts (in some states)

– Inheritance

Exemptions may apply for:

– Inter-family transfers

– Charitable trusts

– Government acquisitions

Consult local authorities or a lawyer.

1. Property deed
2. Title documents
3. Sale agreement
4. ID proof
5. PAN card
6. Address proof
7. Payment receipts
8. Tax certificates (Form 16A)
9. Encumbrance certificate
10. Other relevant documents

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