Written by FACTORS THAT DETERMINE PROPERTY REGISTRATION OR LAND CHARGES
- New Property or Old Property: The type of property you want to register determines the property registration fees. Generally, you will be paying a high registration fee to get a brand new property registered. This makes sense as the registration fee is a percentage of your total property cost. The total property cost of a new property is usually higher than a old property. The registration charges will be low when you register a not-so-new or a old property as the value of the property would have depreciated from the time it was built…..
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