Gurugram's secondary (resale) market is bustling, offering the advantage of 'ready-to-move' homes in established sectors like DLF Phase 1-5, Sushant Lok, and Sohna Road. However, resale transactions are legally more complex than buying new.
1. The "Transfer Charges" Trap
Unlike other cities, Gurugram developers often levy a "Transfer Fee" to change the ownership name in their records. This typically ranges from ₹100 to ₹500 per sq. ft..
- Example: For a 2,000 sq. ft. apartment, transfer charges could be as high as ₹10 Lakhs.
- Tip: Negotiate with the seller on who bears this cost before signing the Agreement to Sell (ATS).
2. Stamp Duty & Registration (Haryana 2024 Rates)
Budget for these government levies on top of the property cost:
| Buyer Category | Stamp Duty Rate |
|---|---|
| Male | 7% |
| Female | 5% |
| Joint (Male + Female) | 6% |
3. The Chain of Title Documents
For a resale property, you must trace the ownership history back to the original allotment. Ensure you have the original copies of:
- Conveyance Deed: Proof that the builder transferred the land title to the owner.
- No Dues Certificate (NDC): From the RWA (Residents Welfare Association) confirming maintenance bills are paid.
- Encumbrance Certificate: Proves the property has no pending legal dues or mortgages.
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