The Land of Beaches offers a high rental value of between 4% and 15%, due to luxury, sea-facing properties. But buyers must be aware of the regulations and procedures related to land acquisition, property ownership, permits, and licensing.
An MCD official said the transfer duty will be 4% for men (currently 3%) and 3% for women (currently 2%). The transfer duty is calculated on the registered sale value of a property.
With the easing of Covid-19, Delhi has witnessed good traction for secondary market transactions as well as good movement in the luxury residential segments of South Delhi and Lutyens Delhi.
Property Transfer Fee In Delhi: However, this enhancement is applicable for registration of instruments having amount worth over Rs 25 lakh, according to an official document issued by Delhi government s department of urban development.