Legal Fees and Documentation

These are the costs associated with verifying ownership, drafting legal agreements, and ensuring compliance with property laws.

• Title verification and due diligence by a legal expert
  
• Sale deed drafting and execution charges
  
• Legal advisor or lawyer fees, usually between fifty thousand and one lakh
  
• Stamp duty and registration charges, based on state laws

Government Charges and Duties

Mandatory charges paid to the government to legally register the transfer of ownership and update land records.

• Stamp duty: typically five to seven percent of the property value
  
• Registration fee: generally one percent of the property value
  
• Mutation and conversion charges, if applicable

Additional Closing Expenses

These include miscellaneous costs related to finalizing the transaction and taking legal possession.

• Survey and boundary demarcation fees
  
• Notary and attestation charges
  
• Administrative or liaison charges with local authorities
  
• Brokerage or agent commission, if involved

Estimated Range

For a property valued at three crore:

• Total legal and closing costs can range from fifteen lakh to twenty-five lakh
  
• Higher in urban areas due to stamp duty rates and legal fees
  
• Should be included in the total project cost planning