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How much will a power of attorney for property formalities cost me, excluding advocate fees?

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PGN Property, Real Estate & Documentation Consultant with 21+ years of experience verified
Answered on December 14,2020

It will cost you Rs. 110/- for legal stamp paper and Rs. 5/- for printing. Total cost is Rs.115/-

Below is the cost description,

Stamp Paper: Stamp value differ from state to state in India, As far as in Bangalore. Rs. 100 stamp paper is sufficient. To the any state in India, Maximum stamp value would not be more than Rs. 500/-,

Apart from stamp paper value, Rs. 10/- as processing fee for stamp paper vendor. You can get E-stamp paper from any co-operative bank in India. Very few cooperative bank don’t take interest to vend e-stamp paper, as margin in this business is thin, hence they neglect to vend,

Printing: Assume your POA has 5 pages, hence you need two additional plain paper apart from e-stamp paper.

You shall utilize back side of e-stamp paper, front and back of plan paper.

Lawyer charge: There is no standard tariff for lawyer charge, It completely differ from lawyer to lawyer and location. But i think spending more than Rs. 3000/- is not worth any where in India for POA execution.

Thank you for reading…

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