What’s the Process of Registering an Apartment in Hyderabad?
Registering an apartment in Hyderabad is the legal step where the flat is transferred in the buyer’s name. Until registration is done, the purchase is not fully complete.
The process is not very difficult, but the papers must be correct. The sale deed, buyer details, flat number, payment proof and registration charges should be checked before visiting the sub-registrar office.
In Telangana, the common registration cost for flats in urban areas is around 6% of the property value. This usually includes 4% stamp duty, 1.5% transfer duty and 0.5% registration fee. The amount is calculated on the higher value between the sale value and government market value.