Apart from the property’s cost, those looking to buy properties in Jaipur also have to pay a substantial amount as stamp duty and registration charges in Jaipur to get the title of the property transferred in their names. Let us find out how much money one has to pay in this regard.
Stamp duty in Jaipur in 2024
Ownership type | Stamp duty as a percentage of the registered property value | Labour cess as a percentage of the stamp duty rate | Registration charge as a percentage of the registered property value |
Man | 6% | 20% of 6% | 1% |
Woman | 5% | 20% of 5% | 1% |
Stamp duty and registration fee on main deeds in Jaipur in 2024
Document name | Stamp duty applicable | Registration fees | |||
Acknowledgment | Rs.10 | 300/- | |||
Administration Bond | 2% on the amount of bond | 300/- | |||
Adoption | Rs.1000. | 200/- | |||
Affidavit | Rs. 50 | 300/- | |||
Agreement | 500 Rs. | 300 /- | |||
Developer Agreement (Sale power not given) | 5% on market value | 1% | |||
Developer Agreement (Sale power) | 5% on market value | 1% | |||
Loan Agreement | 0.25% of Loan amount | 1% | |||
Agreement to sale without possession | 3% of the total consideration |
1% | |||
Agreement to sale with possession (male) | 5% of the market value of the property |
1% | |||
Agreement to sale with possession (female) | 5% of the market value of the property |
1% | |||
Certificate or other document | One rupee for every one thousand Rs. or a part thereof, on the market value, of the Shares Scrip or Stock. |
1% | |||
Sale Deed (Conveyance Deed) | 5% of market value | 1% | |||
Sale Deed (Female SC/ST/BPL) | 5% of market value | 1% | |||
Sale Deed (Female other than SC/ST/BPL) | 5% of market value | 1% | |||
Sale Deed (Disable 40% & above) | 5% of market value | 1% | |||
Conveyence Deed Under SFS Scheme of Housing Board if the Stamp Duty paid as per rule in perpitual lease of this purpose | 5% of market value | 1% | |||
Transferable development rights (TDR) | 5% of market value of TDR equal to the market value of property whichever is higher |
1% | |||
Sale deed exceeding registration of a unit in 4 floors within multistory building 1 year from first |
1% | ||||
Sale deed of a unit in multistory building exceeding 4 floors within 2 years from first registration | 5% of market value | 1% | |||
Sale deed of a unit in multistory building exceeding 4 floors within 3 years from first registration |
5% of market value | 1% | |||
Sale deeds by sponsoring body to private university |
5% of market value | 1% | |||
Sale deed issued by Private developer, Dev.Auth., Raj. Housing Board, UIT and Municipality, Ricco under Chief Minister Jan Awas Yojna – 2015 in favor of person of EWS. |
5% of the market value of property | 1% | |||
Sale deed issued by Private developer, Dev.Auth., Raj. Housing Board, UIT and Municipality, Ricco under Chief Minister Jan Awas Yojna – 2015 in favor of person of LIG. |
5% of the market value of property | 1% | |||
Copy or extract (i) if the original was not chargeable with duty or if the duty with which it was chargeable does not exceed 1 Rs. |
Rs.3 | 100 Rs.(copying Fees) |
|||
Order of land use change under the Rajasthan Urban Areas (change of land use) Rules, 2010 or any other relevant rules. | 5% of market value | 1% | |||
Order of conversion of land under the Rajasthan Land Revenue (conversion of agricultural land for non-agricultural purposes in rural area) Rules, 2007 or any other relevant rules. |
5% of market value | 1% | |||
Sale/Lease deed up to 325sqft carpate area house by ULB in favor of EWS family having income up to 5000 Rs. p.m. |
5% of market value | 1% | |||
Sale/Lease deed up to `500sqft carpate area house by ULB in favor of LIG family having income from 5001 Rs. p.m. to 10000 Rs. p.m. | 5% of market value | 1% | |||
Lease deed/Sale deed issued by Private developer, Dev.Auth., Raj. Housing Board, UIT, Ricco and Municipality under Chief Minister Jan Awas Yojna – 2015 in favor of person of EWS. |
5% of the market value of property | 1% | |||
Lease deed/Sale deed issued by private developer, Dev.Auth., Raj. Housing Board, UIT, Ricco and Municipality under Chief Minister Jan Awas Yojna – 2015 in favor of person of LIG . |
5% of the market value of property | 1% | |||
Mortgage Deed Government servant | 0 | 0 | |||
(a) Mortgage Deed with possession | 5% of consideration | 1% | |||
Mortgage Deed with possession (Female SC/ST/BPL) |
5% of consideration | 1% | |||
Mortgage Deed with possession (Female other than SC/ST/BPL) |
5% of consideration | 1% | |||
Mortgage Deed with possession (Disabled 40% & above) |
5% of consideration | 1% | |||
(b) Mortgage Deed without possession | 2% of amount secured | 1% | |||
(c) When a collateral or auxiliary or additional or substituted security or by way of further assurance for the above-mentioned purpose where the principal or primary security is duly stamped |
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For every sum secured not exceeding Rs. 1,000/- | Twelve Rs. | 1% | |||
and for every Rs. 1,000/- or part thereof secured in excess Rs. 1,000/-. |
Twelve Rs. | 1% | |||
Mortgage for Agriculture purpose | 5% of amount secured | 0 | |||
Mortgage Deed in f/o any financial institution, bank or coperative society loan for construction or purchase of house/flat or making addition/ alteration executed by war widow |
2% of loan amount | 1% | |||
Mortgage of a crop | Rs. 2/- | 300/- Rs. | |||
Partition (Non-Ancestral) | 5% of market value | 1% | |||
Partition (Ancestral property) | 5% of market value of the separated share or shares |
1% | |||
Partition deed of ancestral Agricultural land | 5% of market value | 1% | |||
Partnership- | |||||
(1) Instrument of partnership :- | |||||
(a) below 50,000/- | 2000 Rs. | 1% | |||
(b) excess of Rs. 50,000/-, for every Rs. 50,000/- or part thereof; | 2000 Rs., subject to maximum duty of Rs. 10000 |
1% | |||
(c) where such share contribution is brought in by way of only immovable property | 5% on the market value of such property excluding the part of the property equal to the share of the partner in partnership who brought that property. |
1% | |||
(d) where such share contribution is brought in by way of both immovable property and cash. | As per sub-clause (a) and (b) on the part of share contribution in the form of cash and as per sub-clause (c) on the part of share contribution in the form of immovable property. |
1% | |||
(2) Dissolution of partnership (a) where the immovable property is brought in by any partner as his share contribution at the time of constitution of the partnership and such property is taken by any other partner as his share on dissolution. |
5% of market value of such property | 1% | |||
(2) Dissolution of partnership (a.a) where the immovable property is brought in by any partner as his share contribution at the time of constitution of the partnership and such property is taken by any other partner as his share on dissolution. If the partnership is between grandfather, grandmother, father, mother, brother, sister, son, daughter, grandson, granddaughter, husband and wife. |
5% of market value of such property | 1% | |||
(b) where immovable property is acquired by the partnership after its constitution and such property is distributed among the partners on dissolution. | 5% on the market value of such property excluding the part of the property equal to the share of the partner in partnership who takes that property on dissolution. |
1% | |||
(b.b) where immovable property is acquired by the partnership after its constitution and such property is distributed among the partners on dissolution. If the partnership is between grandfather, grandmother, father, mother, brother, sister, son, daughter, grandson, granddaughter, husband and wife. | 5% on the market value of such property excluding the part of the property equal to the share of the partner in partnership who takes that property on dissolution. |
1% | |||
(3) Retirement of partner (a) where the partnership owns immovable property and the retiring partner takes no immovable property at the time of his retirement. |
5% on the market value of the part of the immovable property of the partnership equal to the share of the retiring partner or partners in the partnership. |
1% | |||
Stamp duty for women in Jaipur in 2024
To promote property ownership among women, Rajasthan offers a lower rate of stamp duty in case an immovable asset is being registered under a woman’s name. While women pay 5% of the asset value as stamp duty in case of properties worth over Rs 50 lakh, they pay 3% stamp duty on properties that cost Rs 50 lakh or less.
See also: All about the Jaipur Development Authority (JDA)
Property registration fee in Jaipur in 2024
Irrespective of the gender of the owner, all buyers have to pay a 1% registration charge, for getting the title transferred in their names.
See also: All about DLC rate Jaipur
Jaipur stamp duty and registration charge calculation example
Suppose Anita bought a property worth Rs 50 lakh in Jaipur in 2021. She will have to pay 3% of the Rs 50 lakh as the stamp duty and another 1% of the property value as registration charge. She will also pay 20% of the stamp duty amount as the labour cess.
So, Anita’s total liability is:
Stamp duty = Rs 1.50 lakh
Registration charge = Rs 50,000
Labour cess = 20% of Rs 1.50 lakh = Rs 30,000
Total outgo = Rs 2.30 lakh
If Anita bought a property worth, say, Rs 1 crore, the stamp duty applicable on the registration will be 5% and the calculation will change as discussed under:
Anita’s total liability:
Stamp duty = Rs 5 lakh
Registration charge = Rs 1 lakh
Labour cess = 20% of Rs 5 lakhs = Rs 1 lakh
Total outgo = Rs 7 lakh
Stamp duty on property exchange among spouses in Jaipur
Before the Budget 2020-2021 presentation, a husband transferring property in the name of his wife had to pay a 1% stamp duty for the transaction. However, property transfers in the name of fathers, mothers, sisters, sons, daughters, daughters-in-law, grandsons or granddaughters in Jaipur, still attract 2.5% stamp duty.
How to pay stamp duty and registration charges in Jaipur?
Stamp duty and registration charges in Jaipur can be paid through several convenient methods:
Offline payment
You can visit the sub registrar’s office in person to deposit the stamp duty and registration charges. Ensure you have all the necessary documents with you to complete the formalities.
Online payment
Stamp duty and registration charges can also be paid online through the E-Panjiyan portal. Visit the E-Panjiyan website. Use the payment gateway provided by your chosen bank. Complete the payment using net banking or payment card facilities offered by the bank.
Through designated banks
The Government of Rajasthan has designated various banks across the state where you can deposit stamp duty and registration charges. You can find the list of registered banking institutions on the official website www.epanjiyan.nic.in.
Housing.com POV
Understanding the stamp duty and registration charges in Jaipur for 2024 is crucial for anyone intending to become a property owner in the city. Beyond the property’s purchase price, these charges are significant and vary based on factors such as property value and ownership type. For instance, stamp duty rates range from 3% to 6% for women and men respectively, while registration charges remain consistent at 1% of the property value. Additionally, navigating through the various documents and deeds involved requires careful attention to avoid complications. Whether paying offline at the sub registrar’s office, online via the E-Panjiyan portal, or through designated banks across Rajasthan, ensuring compliance with these regulations is essential. For further clarity and guidance, consulting with a professional during the property acquisition process is advisable to manage costs effectively and complete transactions smoothly.
FAQs
What is the stamp duty rate for property registration in Jaipur?
The stamp duty rate for properties priced below Rs 50 lakhs is 4% for men and 3% for women. For properties costing more than Rs 50 lakhs, it is 6% for men and 5% for women.
What is the property registration charge in Jaipur?
The property registration charge in Jaipur is 1% of the property value.
What factors influence stamp duty rates in Jaipur?
Stamp duty rates in Jaipur are influenced by various factors including the property's age, location, property value, owner's age, gender of the owner, and the purpose of the property transaction.
How is stamp duty calculated in Jaipur?
In Jaipur, stamp duty and registration charges differ based on gender. For male property buyers, stamp duty is 6% and registration charges are 1% of the property's value. Female property owners benefit from a reduced stamp duty of 5% and similar registration charges at 1% of the property's value.
What is the distinction between stamp duty and registration?
Stamp duty is a state government tax levied on legal documents like property transactions, calculated as a percentage of the property's market value or transaction value, whichever is higher. Registration involves the formal recording of the transaction with government authorities, requiring submission of relevant documents to the Registrar's Office. Registration charges are separate fees, typically calculated as a percentage of the property's value.
Which authority oversees registration and stamp duty charges in Jaipur?
Registration and stamp duty charges in Jaipur are regulated by the Registration and Stamp Department of the Rajasthan government.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |