FAQ about SCO Plots

SCO stands for Shop cum office.

As per the Haryana Govt policy notified by DTCP, SCO plots fall under the commercial real estate category and can be used for conducting business activities.

Buyers can construct a basement and 4 floors on a sco plot in Gurgaon, subject to the layouts, sanctions and approvals being duly approved by the authorities.

GST is not chargeable separately on sco plots and is included in the land cost itself.

As of now No, but policy for floor-wise sale is under discussion and consideration and shall be notified soon.

Yes, loans are available from leading financial institutions for plot and construction of sco in Gurgaon, as per the eligibility of the individual. 25-35% of margin money is required to be paid by you, as per discretion of Bank/Financial Institutes. Also note that loans on these sco plots can be availed for construction purposes only.

Current Stamp duty rates are 5/6/7% for females/couples/male/Company-Firm buyers. Currently, registration fee and other charges on actual basis may be applicable.

The buyer would have to build and construct as per the standard design and approved plans by DTCP and NOC provided by the developer. Most developers require you to maintain the elevation and façade as per the standard and requirement.

Yes! sco plots in Gurgaon are freehold

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