Tag: Property registration in Tamil Nadu

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Builders in Tamil Nadu Can Register Sales of Properties Online

CHENNAI: The Tamil Nadu registration department will implement its ‘Anywhere registration facility’ for the first sale of plots and flats starting August 17. This system enables builders and developers to register documents digitally without visiting sub-registrar offices. The announcement was made by Commercial Taxes and Registration Minister T. Logesh Tamilselvan after a review meeting with heads of sub-registrar offices, district registrars, revenue officers, and other senior officials at the integrated commercial taxes complex in Nandanam. “This initiative aims to enhance the transparency, efficiency, and accessibility of registration services, while mitigating congestion at sub-registrar offices,” said Logesh Tamilselvan. Under the new…

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Stamp Duty Relief for Homebuyers in Tamil Nadu

CHENNAI: Homebuyers in Tamil Nadu purchasing first-sale apartments and villas will benefit from new regulations allowing them to use stamp duty and registration fees previously paid on construction agreements (made before December 1, 2023) as a set-off against the composite value of land and buildings during sale deed registration. According to the new directive, buyers registering composite sale deeds for first sales of apartments, villas, or similar properties can deduct the fees paid on earlier construction agreements for the identical structure. This applies to sales registered from December 1, 2023, onward, provided the construction agreements were registered before November 30,…