Kaagazaat

Assignment of Booking Rights

At a glance

Price: ₹399 · GST included
Stamp duty: Depends on the assignment's legal effect and consideration — not a completed conveyance merely because the unit is identified; verify the Punjab/Chandigarh article.
Registration: Not automatic here — reassess if a registrable interest transfers, or the agreement requires registration.
Witnesses: Both sign; two witnesses help, promoter process permitting.

₹399

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

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Also called

booking rights assignment
allotment rights transfer
pre-possession booking transfer

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

For moving a booked apartment/plot/shop's contractual rights to another person before final conveyance — not yet a sale deed. Separates the transferor's promoter-facing rights from the transferee's payment obligations, instalments, transfer charges, and the promoter's approval procedure. RERA s.13/s.19 still matter — RERA gives no universal right to transfer regardless of the allotment terms.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Depends on the assignment's legal effect and consideration — not a completed conveyance merely because the unit is identified; verify the Punjab/Chandigarh article. Stamp before signing (s.17); if unclear, get it adjudicated by the Collector first (s.31). Unstamped: inadmissible until duty+penalty paid (s.35).

Registration

Not automatic here — reassess if a registrable interest transfers, or the agreement requires registration.

Notarisation

Not required here; it doesn't replace needed registration.

Witnesses

Both sign; two witnesses help, promoter process permitting.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

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ASSIGNMENT OF BOOKING RIGHTS

Assignment date: 1 April 2026

EXISTING BOOKING

Transferor Harpreet Singh, of Sector 35, Chandigarh, holds booking/allotment rights in ABC Heights under Allotment AL-804 dated 10 January 2025 for Tower B, Apartment 804, being Apartment/flat: 3 BHK apartment, 1,850 sq ft super area, one basement parking right..

Promoter: ABC Developers Pvt Ltd, Airport Road, SAS Nagar, Punjab. RERA project no.: PBRERA-SAS79-PR0123. Original booking price: ₹1,20,00,000 (Rupees One Crore Twenty Lakh only). Paid to promoter: ₹60,00,000 (Rupees Sixty Lakh only). Balance to promoter: ₹60,00,000 (Rupees Sixty Lakh only).

ASSIGNMENT

The Transferor assigns to Aarav Sharma, of Sector 21, Panchkula, with effect as stated in clause 3, the following: All contractual booking and allotment rights capable of transfer.

Inter-party assignment consideration: ₹25,00,000 (Rupees Twenty Five Lakh only). Advance paid: ₹5,00,000 (Rupees Five Lakh only). Balance: ₹20,00,000 (Rupees Twenty Lakh only). Balance trigger: On promoter's written transfer approval.

Where the law requires the Transferee to deduct tax at source from the assignment consideration, the Transferee deducts it, deposits it within the time allowed and gives the Transferor the certificate; tax properly deducted and deposited counts as payment of that much of the consideration.

Questions about this document

Does the Assignment of Booking Rights need stamp paper or stamp duty in Punjab and Chandigarh?

Does the Assignment of Booking Rights need registration in Punjab and Chandigarh?

Not automatic here — reassess if a registrable interest transfers, or the agreement requires registration.

What does the Assignment of Booking Rights cost on Kaagazaat?

₹399, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Assignment of Booking Rights need witnesses?

Both sign; two witnesses help, promoter process permitting.

Often needed with this document

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