Noida: The residents of Supertech Capetown, a residential highrise society in Sector 74, Noida, wrote a letter to Noida Authority for the issue of area certificates of all types of flats.
They shared a tweet, “@CapeOwners @noida_authority This letter is sent to Noida authority so as to get area certificates for all types of flats in Cape Town GH01A Sec74. Stamp duty and transfer charges will be paid on an area certified by NA. This will benefit residents and save almost 20- 25% stamp duty. (sic)”
@CapeOwners @noida_authority This letter is sent to Noida authority so as to get area certificate of all types of flats in Capetown GH01A Sec74 .— Cape Town Association Of Apartments Owners (CAAO) (@CapeOwners) September 6, 2021
Stamp duty and transfer charges will be paid on area certified by NA. This will benefit residents and save almost 20- 25% stamp duty. pic.twitter.com/Z9wzIXpY5Q
Arun Sharma, President of AOA shared, “According to the registration law of the flats, the super area will not be more than 20 per cent. Most of the time, builders show carpet areas for the flat. If the carpet area will increase, then residents will have to pay more for the stamp papers.”
Mangla Jain, a resident of the society said, “We have Occupancy Certificate and Completion Certificate. Now, we are trying to receive an area certificate for the carpet area of a particular flat. It will be beneficial for us to pay a respective amount for the stamp paper during the registry. There is more than 1,700 pending registry of flats. According to Noida Authority, builders have pending dues and due to which registries of flats are on hold.”
Anoop Bhatnagar, a resident of the society shared a tweet, “According to Real Estate Regulatory Authority, the registration should be done on the basis of carpet area, means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and open terrace.”