Whenever any allotment, sale or other transfer of a property is made by the urban authority/promoter to the allottee, after receiving final payment the authority/promoter and the allottee shall, as the party in the first part and party in the second part respectively, within three months from the date of such final payment, sale or other transfer, execute a conveyance deed of property.

[“Documents required for conveyance deed”]
• Identity Proof of allottee and two witnesses.
• Residence Proof of allottee and two witnesses.
• Ownership proof of property:- allotment letter, transfer letter,
• No due certificate.
• Two passport size photographs of purchaser.
• Power of attorney/special power of attorney registered by Sub-Registrar. Authority letter/resolution passed by builder company (if applicable)
• Letter of GMADA/authority for C.D registration to address the Sub-Registrar concerned.
• Map of Flat

Stamp duty, Registration Fee, Computer Fee, Pasting Fee in Punjab:-

i. Stamp duty:- For women allottee : 4% of total consideration
For Men : 6%
Joint: 5%
Registration Fee: 2.25% of total consideration
Computer fee: 1 lac to 10 lac value : Rs. 1,000/-
Above 10 lac to 30 lac : Rs. 3,000/-
Above 30 lac : Rs. 5,000/-
Pasting Fee (Per document) : Rs. 200/-

The word ‘Conveyance’ means to convey the title of a property from one person to another by an instrument. ‘Conveyance deed’ is a legal document in writing between the seller and purchaser confirming the transfer of right, title and interest in immovable and movable property in favour of the purchaser. It is the last document which a Gmada/builder/land owner is expected to give while transferring the ownership of land on which society building is constructed.