Stamp duty in key tier-2 cities in India


In this article, listed are stamp duty and registration charges on property purchases in India’s 20 major tier-2 cities

With the Coronavirus pandemic causing a reverse migration of people back to tier-2 and tier-3 cities in India, real estate investments in these cities could increase. While properties in these cities are much more affordable, when compared to the big cities, buyers do have to pay a substantial part of the transaction value as stamp duty and registration charge on purchases here, as well. In this article, we examine the stamp duty and registration charges on property purchases in India’s 20 major tier-2 cities.

 

Stamp duty in key tier-2 cities in India

 

See also: Stamp Duty: What are its Rates & Charges on Property?

 

Stamp duty in Jaipur

CategoryRate
For men6%*
For women5%*
Joint5%

*If the property is being registered in the name of a man, they also have to pay 20% of the 6% stamp duty as labour cess. This means that if the stamp duty is, say, Rs 100, another Rs 20 will have to be paid as labour cess. In case of the women, this cess is levied at 1% of the 5% stamp duty.

Stamp duty on affordable housing in Jaipur till September 2021

In Budget 2021-22, the Rajasthan government cut the stamp duty on properties in high-rises worth up to Rs 50 lakhs, till June 30, 2021. The state government has decided to further extend the benefit of the reduced rates to home buyers, till September 30, 2021.  The stamp duty calculation on such properties, thus, is as provided under:

Ownership typeStamp duty as a percentage of the registered property valueLabour cess as a percentage of the stamp duty rateRegistration charge as a percentage of the registered property value
Man4%20% of 4%1%
Woman3%20% of 3%1%

Registration charge: 1%

 

Stamp duty in Lucknow

CategoryRate
For men7%
For women6%
Joint6.5%

 

Registration charge: 1%

 

Stamp duty in Bhopal

CategoryRate
For men12.5%
For women12.5%
Joint12.5%

 

Registration charge: 1%

 

Stamp duty in Varanasi

CategoryRate
For men7%
For women6%*
Joint7%

* If the property is being registered in the name of a woman, the stamp duty is lower at 6%. However, this rate is applicable only on properties worth up to Rs 10 lakhs. If the house is worth more than that, a stamp duty of 7% would be charged.

 

Registration charge: 1%

 

Stamp duty in Meerut

CategoryRate
For men7%
For women7% minus Rs 10,000
Joint7%

 

Registration charge: 1%

 

Stamp duty in Patna

CategoryRate
For men6%
For women6%
Joint6%

 

Registration charge: 2%

 

Stamp duty in Vadodara

CategoryRate
For men4.9%
For women4.9%
Joint4.9%

 

Registration charge: 1%

Women buyers are exempted from paying registration charge in Vadodara.

See also: 11 facts about stamp duty levied on property purchase

 

Stamp duty in Mangalore

CategoryRate
For men5%
For women5%
Joint5%

 

Registration charge: 1%

 

Stamp duty in Chandigarh

CategoryRate
For men6%
For women4%
Joint5.5%

 

Registration charge: 1%

 

Stamp duty in Ludhiana

CategoryRate
For men6%
For women4%
Joint5.5%

 

Registration charge: 1%; upper limit capped at Rs 2 lakhs.

 

Stamp duty in Panchkula

CategoryRate
For men7%
For women5%
Joint6%

 

Registration charge: Capped at Rs 15,000.

 

Stamp duty in Gurugram

In areas under the Municipal Corporation of Gurugram (MCG):

CategoryRate
For men7%
For women5%
Joint6%

 

In areas outside the MCG:

CategoryRate
For men5%
For women3%
Joint4%

 

Registration charge: Capped at Rs 15,000 for properties worth over Rs 25 lakhs.

 

Stamp duty in Kochi

CategoryRate
For men8%
For women8%
Joint8%

 

Registration charge: 2%

 

Stamp duty in Ranchi

CategoryRate
For men4%
For women4%
Joint4%

 

Registration charge: 3%

 

Stamp duty in Nagpur

CategoryRate
For men6%
For women6%
Joint6%

 

Registration charge: 1%

 

Stamp duty in Coimbatore

CategoryRate
For men7%
For women7%
Joint7%

 

Registration charge: 1%

 

Stamp duty in Shimla

CategoryRate
For men6%
For women4%
Joint5%

 

Registration charge: 2%

For men, the upper limit is capped at Rs 25,000.

For women and for properties registered in joint names, the upper limit is capped at Rs 15,000.

 

Stamp duty in Dehradun

CategoryRate
For men5%
For women3.75%
Joint4.37%

 

Registration charge: 2%

 

Stamp duty in Bhubaneswar

CategoryRate
For men5%
For women4%
Joint4.37%

 

Registration charge: 2%

 

Stamp duty in Visakhapatnam

CategoryRate
For men6.5%
For women6.5%
Joint6.5%

 

Registration charge: 1%

 

FAQs

Do buyers have to pay stamp duty even in small cities?

Property buyers across India have to pay stamp duty on property purchases, irrespective of the location, even though the rates may vary from place to place.

What is the stamp duty on property purchase in UP?

Stamp duty varies between 5% and 7%, depending on the city where the property is being registered. The stamp duty rate in Noida, for example, is not the same as that in Meerut.

Do I have to pay more than 1% of the deal value as registration charge?

In some states, registration charge is also kept at 2% of the deal value.

 

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