Stamp duty, registration charges in Jaipur in 2024

Discussed in this article is the amount you will have to pay towards stamp duty and registration charges, to become a property owner in Jaipur

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

 

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
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.

Stamp duty and registration charges in Jaipur

 

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

 

Was this article useful?
  • ? (6)
  • ? (1)
  • ? (0)

Recent Podcasts

  • Keeping it Real: Housing.com podcast Episode 62Keeping it Real: Housing.com podcast Episode 62
  • Keeping it Real: Housing.com podcast Episode 61Keeping it Real: Housing.com podcast Episode 61
  • Keeping it Real: Housing.com podcast Episode 60Keeping it Real: Housing.com podcast Episode 60
  • Keeping it Real: Housing.com podcast Episode 59Keeping it Real: Housing.com podcast Episode 59
  • Keeping it Real: Housing.com podcast Episode 57Keeping it Real: Housing.com podcast Episode 57
  • Keeping it Real: Housing.com podcast Episode 58Keeping it Real: Housing.com podcast Episode 58