Yes, the stamp duty is applicable if you assign power of attorney to a friend, just to appear at sub- Registrar’s office to sign on your behalf.
- If you assign power of attorney to purchase a property, the stamp duty is Rs. 200
- If you assign power of attorney to sell property, the stamp duty is 5% of selling price
If you assign your close family member, the stamp duty is Rs. 200 for both buying or selling
We provide end-to-end assistance to execute Power of attorney. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to + 9 1 – 9 7 4 2 4 7 9 0 2 0.
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