Stamp Duty & Registarion Charges
Stamp Duty Rates in India (State-wise)
Registration Charges in India
Registration Charges: Typically range between 1% and 3% of the property value, varying by state.
Example: If the stamp duty for a property is 5%, registration charges may be around 1% of the property's value.
Rs 30,000 for properties above Rs 30 lakh.
1% of property value for properties below Rs 30 lakh.
Important Notes:
Women Benefit: In many states, women are offered lower stamp duty rates to encourage property ownership.
Variable Rates: The rates may vary within different regions of a state, or based on the property type (residential or commercial).
Recent Changes: States may revise stamp duty and registration rates as per government policies, so it’s crucial to check the latest rates with local authorities or consult a legal professional.