When selling your flat to a buyer seeking a home loan, you'll need to provide property papers. It's generally advisable to give photocopies. Regarding payment, if the property value exceeds £50 lakhs, the buyer must deduct TDS, which you can later claim. For ready-to-move flats, GST is not applicable once an occupation certificate has been issued.
11 June 2024
I am going to sell my flat to buyer. Buyer want to take home loan. Buyer is aksing for property papers. I need certain clarifications:- 1. Should i give him property papers zerox copies or not?