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Quick Contact
+91 8943100200
Help Desk
FAQ
- Can I buy only plots? Yes you can buy either plots alone, or plot with villas.
- Can I construct the house in my own style? Yes you can construct your house with your own style and own contractor. Or you may take help from us, we have a bunch of dedicated contractors who will guide you to full fill you dream project.
- Who is your architect? Our architect is Mr. Francis Chandy, well known personality in this area and post graduated from USA.
- Where is your next project? Presently we have two project, one at Athani and the other at Akkikavu, kunnamkulam. The next projects will be announced very shortly. Request you to visit our website regularly to know the exact location and inaugural offer.
- What is stamp duty? Why should it be paid and by when? It is a tax and must be paid in full and on time. A delay attracts penalty at 2% per month, subject to maximum penalty of 200% of the deficit amount of stamp duty. Documents lodged with the sub-registrar/superintendent of stamps prior to any amnesty scheme attract a lumpsum reduced penalty. Documents not properly stamped are not admitted in court as evidence.
- Who pays? In the absence of an agreement to the contrary, the purchaser / transferee has to pay or in case of property exchange, both parties have to bear it equally.
- On what instruments does stamp duty have to be paid? Instruments include every document by which any right or liability is or purports to be created, transferred, limited, extended, extinguihed or recorded but does not include a bill of exchange, cheque, promissory note, bill of lading, letter of credit, ploicy of insurance, transfer of shares, debentures proxy and receipt (which is charged under Indian Stamp Act, 1899).
- In whose name is the stamp paper required to be purchased? Stamp papers are to be purchased in the name of one of the parties to the document, otherwise such agreement will be treated as if no stamp paper was used. However, it will not make the agreement invalid and can be enforced in law if proper duty is paid subsequently. Stamp paper is valid for six months from the date of purchase.
Except transfer by will (or by original nomination in a cooperative society) all transfer documents including agreements to sell, conveyance deed, gift deed, mortgage deed, exchange deed, deed of partition, power of attorneys, leave and licence agreements, agreements of tenancy, lease deeds, power of attorney to sell for consideration etc. have to be properly stamped. When a nominee transfers the flat subsequently in the name of legal heirs, such transfer also requires stamp duty.
