FAQ
FAQ
Frequently Asked Questions
Why should I choose Alsadatproperty.com?
Founded in 2011 by dynamic business leaders, Alsadat Property has helped more than 10,000 people find their dream homes through the efforts of more than 500 of our dedicated employees. Our commitment towards assisting people in their home buying process has been encouraged with generous investments from investors like Saif Partners, Accel Partners and News Corp.
What kind of properties are listed on your website
We list a range of residential real estate properties including apartments, villas and plots through our web and mobile platform. Our listings include everything from new, resale, under construction and upcoming properties.
Who should I contact in case I face any issues?
We have a dedicated customer care service team, which is available at your service seven days a week from 8:30 am to 7:30 pm. You can call them on +92 55 3201120 or mail customer service at info@alsadatproperty.com.
What are Capital Gains on property purchase?
Property is considered a capital asset and Capital Gains Tax is levied on the gains arising from the sale of property. Such gains are calculated after adjusting the inflation rate, transfer and renovation charges.
Do I need to pay stamp duty if the property is transferred or is a gift?
Yes. Generally, the stamp duty on the gift deed ranges from 5% to 12% in all states. In few states like Haryana, Rajasthan and Delhi, concession of 1 to 2 per cent is given to female transferors.
In which cities do you offer your services?
Our services are available across 8 cities in World, namely Dubai, Gujranwala, Islamabad, Gujrat, Abu-dabhi, New York, Kuala Lumpur and Istanbul.
How soon would I receive a call from you after placing my requirement?
You would receive a call back from us within 10-15 minutes of placing your enquiry with us, provided you have posted your requirements between 9am and 10 pm. Otherwise, we would be reaching you the next day.
What is Stamp Duty? Who is liable to pay Stamp Duty? Do I get tax benefits on Stamp Duty?
Stamp Duty is the tax paid for the legal recognition of property. It is paid by the home buyers. You can claim tax incentives of up to Rs 1.5 lakh on stamp duty and registration charges on a new property purchase or construction of a house. However, these benefits are available for only one self-occupied property.
How can I convert a leasehold property to freehold?
The property could be converted from leasehold to freehold if the local laws allow it. For example, properties under DDA can be converted to freehold by executing a Conveyance Deed but the same is not allowed if the property is owned by the Noida Authority.
Can I authorize someone else to register my property by granting him Power of Attorney?
Yes, you can execute Special Power Of Attorney to get your property registered by someone else.
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