Draft of Affidavit for allotment of flat in organisation/company

An affidavit has to be signed by a employee, when company/organisation provide the accommodation. In this article, we will discuss reasons of providing accommodation, draft of affidavit and rates of stamp duty.

Companies may provide accommodation to their employees for various reasons, including:

• Attraction and Retention of Talent: Offering lodgings as a perk might be a strong incentive for potential employees. It helps firms attract and retain top talent, especially in highly competitive industries or locations where it could be challenging to find suitable housing.
• Employee Satisfaction and Well-being: The comfort and overall well being of employees are improved by the accommodations provided by a organisation/company. It ensures that employees have access to safe and comfortable housing, which reduces stress and enhances work-life balance.
• Convenience and Productivity: By offering accommodation near or within a tolerable commuting distance of the place of employment, employers can reduce the amount of time that employees spend travelling and the accompanying expenditures. This convenience can increase productivity and improve job satisfaction.
• Employee Mobility: Giving employees accommodations when they have to move for work can make the transition easier and lessen the logistical hassles of looking for homes in a new place. It encourages employee readiness to accept job transfers and fosters internal mobility inside the organisation.
• Employee Safety and Security: Measures to safeguard the security and safety of employees are frequently included in accommodations given by the employer. This might include gated communities, security guards, or adherence to certain safety standards, giving workers and their families peace of mind.
• Cost Savings: For companies, providing lodging that is given by the firm under specific conditions may be a more affordable option. Group rental agreements or property ownership may result in cheaper housing expenses than individual employee rentals or housing allowances.
• Enhanced Employee Engagement: Living near to coworkers may promote a feeling of community and improve teamwork among employees. It may foster cooperation, foster a positive work atmosphere, and strengthen a sense of belonging inside the company.

It’s important to note that different businesses could provide different accommodations depending on their rules, available resources, and unique company needs.

Affidavit

I,______________ S/o Shri _____________________resident of ________________________ do hereby solemnly affirm and declare as under:

1. That I am a permanent resident of      _______________ and is presently employed by the Management of DTP Company Ltd.  As _______________ .
2. That the Management of DTP Company Ltd. has allotted me a residential flat on licence as part of my service benefits.
3. That I shall use the said flat/room only for residential purpose for my family members and myself.
4. That I shall not sub-let or part with possession of the said flat/room to anybody except the Management.
5. That I undertake that shall hand over actual physical vacant possession of the said room/flat immediately upon by superannuation/removal/resignation from the Management.
6. That I state that I undertake to pay the electricity bill, water bills as per the actual consumption made by me. I undertake to keep the DTP Company Ltd. indemnified for all losses, expenses and costs incurred by them in the event I breach any of the terms of the appointment/allotment.

Deponent

Verification:

Verified on this______ day of June  2023 that the contents of paras 1 to 6 of the above affidavit are true and correct.  No part of it is false and nothing has been concealed therefrom.

Deponent

Note:-

If company/organisation charge any rent, we have to mention a clause related to rent in the affidavit.

An affidavit to be valid has to be executed on Stamp paper or duly stamped otherwise and has to be notarised by a Notary public or commissioner of oaths.

The affidavit is required to be executed on the stamp paper and has to be notarised by a Notary public in India. Rate of Stamp duty for affidavit in India differs from state to state.

Rates of Stamp Duty on Affidavit in different Stated of India

Sl.No.	Name of State	Rate of Stamp Duty in Rs.
1	Andhra Pradesh	10
2	Arunachal Pradesh	10
3	Assam	15
4	Bihar	100
5	Chhattisgarh	50
6	Goa	20
7	Gujarat	20
8	Haryana	10
9	Himachal Pradesh	3
10	Jammu and Kashmir	10
11	Jharkhand	50
12	Karnataka	20
13	Kerala	50
14	Madhya Pradesh	50
15	Maharashtra	100
16	Manipur	20
17	Meghalaya	7
18	Mizoram	7
19	Nagaland	10
20	Odisha	10
21	Punjab	15
22	Rajasthan	50
23	Tamil Nadu	100
24	Telangana	20
25	Tripura	20
26	Uttar Pradesh	10
27	Uttarakhand	10
28	West Bengal	10

Disclaimer: Stamp duty from different states are subject to change as per the state policies from year to year. Please check the official publications before making decision.

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