What is the difference between agreement for sale and sale deed ?
Agreement of sale is done in case of a property under construction and sale deed is done in case of a ready to use property, where the occupancy certificate is obtained. Stamp duty amount to be paid is 1 % of agreement value in case of agreement of sale, and It is 4% in case of sale deed. (2% for stamp paper & 2% for registration). While paying the stamp duty for sale deed, the amount of stamp duty paid on agreement of sale is adjusted.
