Terra Grande NARENDRA NAGAR

Property Details

Micro-market

Uttarakhand

Property Type

Villa

Status

Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

Amenities

Property Information

Legal Information

Indicative legal & tax information based on available documents; verify with your lawyer before transacting.

Authority

UK RERA

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status

• Permitted, freehold

What you actually hold

• You hold freehold title to the flat or house with an undivided share in the land.

Key rules and restrictions

• The Bhu Kanoon caps on outsiders do not apply to you.
• A project should be registered with Uttarakhand RERA if it is under construction.
• Hill area building rules limit height and floor area in many towns.

Funds and process

• Domestic funds. Cash consideration of Rs 20,000 or more is barred under section 269SS. The buyer deducts 1% TDS under section 194-IA where the consideration is Rs 50 lakh or more.

Taxes

• Stamp duty is 5%, with a concessional rate for women buyers on lower value transactions, plus a registration fee. Long term capital gains on a holding over 24 months are taxed at 12.5% without indexation.

Verify before you buy

• Check the building is inside the sanctioned plan and has a completion certificate.
• Confirm the land under the building was properly converted.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.

Location

Narendra Nagar , Uttarakhand, India