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Best Sale Deed in India

Sale deed is a legally binding document specifically made to transfer the right, title and ownership of immovable property from one person to another in exchange for a price. Sale deed is implemented by Registration Act of India.

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Benefits of Sale Deed

Sale Deed

Exclusive Identification

Sale Deed

Global Ownership

Sale Deed

Legal Protection

Sale Deed

Protection from Infringement claims

Documents Required for Sale Deed

The documents required are:

  • Draft of Sale Deed/Title deed/Conveyance Deed
  • 7/12 extract or RTC (Records of Rights and Tenancy Corps) or
  • Khata Certificate and Extracts
  • Joint development agreement, GPA, & Sharing/supplementary Agreement, between land owner and builder
  • Power of Attorney if any
  • Building plan sanctioned by the Statutory Authority
  • Allotment Letter from the Builder/Co-Operative Society/Housing Board/BDA.
  • If any loan on the property (Current or past) / Original Property Documents with Bank
  • Sale agreement with the Seller
  • All title documents of land owner
  • A Copy of all registered previous agreements (in case of resale property)
  • NOC from Apartment Association (in case of resale property)

Our Sale Deed Packages

Sale Deed

Sale Deed

1,999/-

  • Stamp duty and transfer duty @ 4% if the vendee is a woman and @ 6% if the vendee is a man
  • The registration fee is 1% of the total value of Sale Deed + Rs. 100/- pasting charge.
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Procedure to Get Sale Deed

Sale Deed

Step-1:
Application for Sale Deed

Sale Deed

Step-2:
Stamp Duty and registration fees to be paid
towards register office

Sale Deed

Step-3:
Submission & Verification of Documents

Sale Deed

Step-4:
Get Registration done for Property

Sale Deed

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Sale Deed

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Sale Deed

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Sale Deed

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Meaning of terms involved in a Sale Deed
  • Seller/Transferor: Seller is a person who has current ownership of the property and is willing to sell his property for a price.
  • Buyer/Purchaser/Transferee: Buyer or purchaser or transferee is a person who is willing to buy the property.
  • Witness: Witness is a person who signs on the sales deed acknowledging to the fact that the buyer and seller have signed the sale deed in front of him.
  • Stamp duty: A duty levied on the legal recognition of certain documents by the government.It is a kind of property tax which needs to be paid to the government while a property is being sold.It is calculated on the market value or the agreement value whichever is higher and stamp duty charges vary from state to state.
  • Registration Fee: The registration fee is additional to the stamp duty charges. Registration fee needs to be paid to get the property transferred and registered in your name. The fee is either 1% of the market value or the agreement value, whichever is higher, however, subject to a maximum amount of Rs. 30,000. This fee is different in different states.
  • Title: Title is the legal way of saying you own a right to something. Title refers to ownership of the property, meaning that you have the rights to use that property. It may be a partial interest in the property or it may be full. However, because you have title, you can access the land and potentially modify it as you see fit. Title also means that you can transfer that interest or portion that you own to others. However, you can never legally transfer more than you own.
  • Execution: After the preparation of sale deed it is executed when all the parties involved like seller, buyer and witnesses sign or make thumb impressions on the document.
  • Sale agreement: It is an agreement between buyer and seller which clearly mentions details about the price agreed upon for the property and details of buyer and seller.

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What People Frequently Ask..

Sale deed is a legally binding document specifically made to transfer the right,title and ownership of property from one person to another in exchange for a price.

In a contract of sale, when there is an actual sale of property, it is known as Sale whereas if there is an intention to sell the property at a certain time in future or when some conditions are satisfied, it is called an Agreement to sell.Both sale and agreement to sell are types of contract, wherein the former is an executed contract whereas the latter represents an executory contract.

Anyone who wants to sell or buy a property in India needs to make a sale deed and register it under the registrations act at registrar’s office.

Please refer the documents section above to know in detail about the documents required to make a sale deed.

RapidTax provides the best services to make a sale deed. All you have to do is provide your contact number and information, consult with our expert ,provide relevant documents and get it done.

One can sell ancestral property without sale deed as one has not purchased but only inherited. But you will have to show proofs of ownership of the property. Let s suppose you have ancestral land and do not have sell deed for same but you have receipt of property tax paid for last 15 years then you can sell that property only after proving your ownership. Please contact RapidTax support me to discuss your particular case.

There are two charges in sale deed. Stamp Duty - Stamp Duty is decided by sale value or market value of property whichever is higher. Stamp Duty is some per percentage of sale value or market value whichever is higher. Eg. if sale value of a mumbai property is 1 cr and market value of that property as per ready reckoner rate id 1.1 cr then stamp duty will be calculated on the 1.1 cr as if has higher volume. Consult a RapidTax expert get your stamp duty calculated. Registration Fees - Registration fees is also a variable of sale value upto certain limit then it is fix for all value above certain limit. Eg. registration value if 1% of sale value or 30,000/- whichever if higher.