Property buyers in India must pay a stamp duty to register properties under their names at the time of registration. As land is a state subject, the stamp duty rates on property registration are different in each state. This guide would help you know the stamp duty rates on property registration in various Indian states.
What is a stamp duty?
Stamp duty is a tax, which buyers in India pay to the government at the time of property registration. As land is a state subject, stamp duty on property registration differs from state-to-state. Also, stamp duty is different for different instruments of registration. For instance, stamp duty on sale deed is different than the stamp duty on gift deed of ‘Will’.
Who is responsible for paying the stamp duty?
The responsibility to pay stamp duty lies on the buyer. On his part, the seller pays tax on the capital gain made on the sale.
Stamp duty in key Indian states:
| States | Stamp duty (as percentage of transaction value) |
| Andhra Pradesh | 5% |
| Arunachal Pradesh | 6% |
| Assam | 6% |
| Bihar | 6% |
| Chhattisgarh | 5% |
| Goa | 3-6%, based on transaction value |
| Gujarat | 4.90% |
| Haryana | 5-7% depending on area |
| Himachal Pradesh | 6% |
| Jharkhand | 4% |
| Karnataka | 3-5%, based on transaction value |
| Kerala | 7% |
| Madhya Pradesh | 8% |
| Maharashtra | 3-6% based on transaction value |
| Manipur | 4% |
| Meghalaya | 9.90% |
| Mizoram | 5% |
| Nagaland | 8.25% |
| Odisha | 5% |
| Punjab | 7% |
| Rajasthan | 6% |
| Sikkim | 5% |
| Tamil Nadu | 7% |
| Telangana | 4% |
| Tripura | 5% |
| Uttarakhand | 5% |
| Uttar Pradesh | 7% |
| West Bengal | 3-5% based on property value |
| Delhi | 6% |
How is the stamp duty calculated?
Suppose you bought a property worth Rs 50 Lakh in Delhi. She will have to pay 5% of Rs 50 Lakh as the stamp duty. Considering the stamp duty on property registration for men in the national capital, you will pay Rs 3 Lakh as stamp duty (6% of Rs 50 Lakh) for property registration in Delhi.
Is stamp duty the same as registration fee?
No, stamp duty and registration charges are different amounts for property registrations in India. While the stamp duty is the fee collected for property transfers, registration fee is an additional charge to provide the documentation services for the said transfer. This is why buyers in India pay two different charges at the time of property registration.
What is property registration fee in Indian states?
While most states charge 1% of the property value as the registration fee, some other states levy a standard fee on property registrations.
Registration fee in key Indian states
| State | Stamp duty (as percentage of transaction value) |
| Andhra Pradesh | 1% |
| Arunachal Pradesh | 1% |
| Assam | 8.5% |
| Bihar | 1% |
| Chhattisgarh | 1% |
| Goa | 1% |
| Gujarat | 1% |
| Haryana |
1% |
| Himachal Pradesh | 1% |
| Jharkhand | 1% |
| Karnataka | 1% |
| Kerala | 2% |
| Madhya Pradesh | 1% |
| Maharashtra | 1% |
| Manipur | 3% |
| Meghalaya | 1% |
| Mizoram | 1% |
| Nagaland | 1% |
| Odisha | 1% |
| Punjab | 1% |
| Rajasthan | 1% |
| Sikkim | 1% |
| Tamil Nadu | 2% |
| Telangana | 1% |
| Tripura | 1% |
| Uttarakhand | 1% |
| Uttar Pradesh | 1% |
| West Bengal | 1% |
| Delhi | 1% |
Stamp duty latest news
July 23, 2024:
FM recommends stamp duty rationalisation to states
Finance Minister Nirmala Sitharaman in her Budget 2024-25 speech said, “We will encourage states which continue to charge high stamp duty to moderate the rates for all, and also consider further lowering duties for properties purchased by women. This reform will be made an essential component of urban development schemes.”
FAQs
What is a stamp duty?
Stamp duty is the charge homebuyers in India need to pay at the time of registering the transaction in government records.
Who pays the stamp duty on property registration?
The buyer pays the stamp duty on property registration.
Is it necessary to pay the stamp duty on property registration?
Yes, if the transaction value is over Rs 100, buyers must pay the stamp duty on property registration under the provisions of the Registration Act, 1905.
Is stamp duty the same in all states?
No, stamp duty differs from state-to-state.
Is stamp duty the same for men and women?
No, most states offer rebate if the property buyer is a woman.
How often is the stamp duty revised?
States can increase or decrease the stamp duty rates, depending on their requirements.
| 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 |
