The stamp duty charges in Tamil Nadu applicable on property transactions is quite high compared to other Indian states. This means, when you buy a property in the state, you will need to reserve a significant amount towards the mandatory stamp duty and registration charges. While most states offer some sort of rebate if a property is registered in the name of a woman, this is not the case in Tamil Nadu. Men and women have to pay the same stamp duty in Tamilnadu and registration fees.
So, if you are buying a house in Chennai, you will have to pay 7% of the property value as stamp duty and 4% of total property value as registration charges. So, you must set consider 11% of the property value as additional costs for your property purchase.
Stamp duty is a direct the tax imposed by the state government on the sale or transfer of property according to Section 3 of the Indian Stamp Act, 1899. The amount of stamp duty is a specific percentage of the value of the property and it varies from state to state. It is applicable on all transfer instruments before registration (except in case of transfer by will), such as agreement to sell, conveyance deed, gift deed, tenancy agreements, exchange deed, etc. and it is payable before the execution of such transactions or within one working day. The stamp duty on property registrations form a significant part of the government’s revenue. Similarly, property registration charges refer to the fee that must be paid for registering the property in your name in the government records. Again, this amount is a specific percentage of the property value.
The state government determines the Guideline Value in Tamil Nadu, which is the minimum value of a property at which property can be registered. Click to read about the latest Guideline Value in Tamil Nadu.
See also: Stamp duty, registration fee on property registration in Indian states
Let us discuss the monetary implications of this on a home buyer in Tamil Nadu, in detail. Also, we share the various stamp duty and land or property registration fees applicable in Tamil Nadu.
See also: All about gift deed stamp duty
Tamil Nadu property registration charges: Quick facts
| Stamp duty in Tamil Nadu | 7% of property value |
| Property registration charges in Tamil Nadu | 4% of total property value |
| Land registration charges in Tamil Nadu | 4% of total property value |
| Stamp duty online payment | https://www.shcilestamp.com/ |
| Stamp duty offline payment | By visiting sub-registrar office |
| How to check guideline value in Tamil Nadu | https://tnreginet.gov.in/portal/. |
What is stamp duty in Tamil Nadu?
Stamp duty in Tamil Nadu refers to the tax levied by the state government on the purchase or transfer of property. The stamp duty to be paid by the homebuyer is based on the property’s value or transaction value, whichever is higher. In Tamil Nadu, the state government is responsible for determining the stamp duty rates that can vary by state and subject to revision. The rates are higher in urban areas such as Chennai.
Also read: Stamp duty and land registration charges in Kerala
What are registration charges?
Registration charges refer to the fee property buyers must pay to the state government during the registration of property documents. Buyers generally have to pay 1% of the deal value as registration charges. The registration charges in Tamil Nadu in 4% of the property value. Some states levy a flat rate as registration charges, based on the property’s worth.
How is stamp duty in Tamil Nadu calculated?
A property buyer must pay stamp duty in Tamil Nadu as determined by the state government. Stamp duty is charged on the ready reckoner rate / circle rate (also called guideline value in Tamil Nadu) or consideration value of the property, whichever is the higher value.
If the agreement value of a residential property is Rs 50 lakh and the guideline value is Rs 40 lakh, the stamp duty will be calculated on the higher value, that is, Rs 50 lakh.
For example, a person purchased a property of Rs 35 lakh, which is lower than the guideline value. In this case, the stamp duty will be paid on the higher value, which is Rs 40 lakh. Stamp Duty in Tamil Nadu is 7% of the guidance value. Therefore, the person will pay Rs 2,80,000 as stamp duty for this property. The registration charges in Tamil Nadu are 4% of the guidance value. Therefore, the person will pay Rs 1,60,000as registration charges for this property.
Also check: Delhi stamp duty and registration charges
Factors that impact Stamp Duty in Tamil Nadu
The stamp duty one is required to pay depends by several factors. That includes:
- Property’s market value
- Type of property and the number of floors
- Property location (suburb, metropolitan, rural area, or city)
- Intended usage (whether residential or commercial)
- Age of the property
Stamp duty charges in Tamil Nadu are different for properties situated within and outside the city’s municipal limits. One may have to pay higher amount in case it is located within city’s municipal.
The amenities offered along with the property are also important in determining the stamp duty charges. For example, if you are opting for a flat in a housing project in Chennai with facilities such as swimming pools, elevators, community hall, a clubhouse, a gym, etc., then you may to have to pay a high stamp duty.
Similarly, if you are investing in a commercial property, the stamp duty and tregistration charges will be more compared to that of a residential property.
Factors that impact registration charges in Tamil Nadu
Registration charges you pay when purchasing a property may depend on several factors such as the type of property you have purchased. Considering whether the office or apartment is a unit of a multi-storey plot, the calculation will be done based on the super built-up area.
In case of plots or lands, the guideline value of the land is multiplied by the total square foot area of land.
If the property is an independent house or a villa, then the registration amount is calculated depending on the total constructed area.
Go to the official website of the Registration Department known as TNREGINET website to know more about stamp duty payment.
See also: Can stamp duty be refunded if a property deal is cancelled?
Tamil Nadu land registration fees calculator
Stamp duty and registration charges add up to the overall costs involved in property purchase. There are many online tools for calculating property registration fees.
One can use the online Stamp duty and registration fee calculator by following the steps given below:
- Go to the Stamp Duty calculator tool
- Select the state
- Enter property details such as property value and total area
- Click on the calculate link
- The Tamil Nadu land registration fees calculator will display the amount.
Stamp duty and registration charges in Tamil Nadu for various documents
| Document type | Stamp duty in Tamilnadu | Registration charges in Tamilnadu |
| Conveyance (Sale) | 7% of the market value of the property | 4% of the market value of the property |
| Gift | 7% of the market value of the property | 4% of the market value of the property |
| Exchange | 7% of the market value on the property that has the greater value | 4% of the market value on the property that has the greater value |
| Simple mortgage | 1% on the loan amount, subject to a maximum of Rs 40,000 | 1% on the loan amount, subject to a maximum of Rs 10,000 |
| Mortgage with possession | 4% of the loan amount | 1%, subject to a maximum of Rs 2,00,000 |
| Agreement to sale | Rs 20 | 1% on the money advanced (1% on total consideration if possession is given) |
| Agreement relating to construction of building | 1% on the cost of the proposed construction or the value of construction or the consideration specified in the agreement, whichever is higher | 1% on the cost of the proposed construction or the value of construction or the consideration specified in the agreement, whichever is higher |
| Cancellation | Rs 50 | Rs 50 |
| Partition among family members | 1% on the market value of the property, subject to a maximum of Rs 40,000 for each share | 1%, subject to a maximum of Rs 10,000 for each share |
| Partition among non-family members | 4% on the market value of the property for separated shares | 1% on the market value of the property for separated shares |
| i) General Power of Attorney to sell the immovable property | Rs 100 | Rs 10,000 |
| ii) General Power of Attorney to sell the immovable property (Power is given to a family member) | Rs 100 | Rs 1,000 |
| iii) General Power of Attorney to sell the movable property and for other purposes | Rs 100 | Rs 50 |
| iv) General Power of Attorney given for consideration | 4% on the consideration | 1% on the consideration or Rs 10,000, whichever is higher |
| Settlement in favour of family members | 1% on the market value of the property but not exceeding Rs 40,000 | 1% on the market value of the property, subject to a maximum of Rs 10,000 |
| Settlement in other cases | 7% on the market value of the property | 4% on the market value of the property |
| Partnership deed where the capital does not exceed Rs 500 | Rs 50 | 1% on the capital invested |
| Partnership deed (other cases) | Rs 300 | 1% on the capital invested |
| Memorandum of Deposit of Title Deeds (MODT) | 0.5% on loan amount, subject to a maximum of Rs 30,000 | 1% on loan amount, subject to a maximum of Rs 6,000 |
| i) Release among family members (coparceners) | 1% on the market value of the property but not exceeding Rs 40,000 | 1% on the market value of the property, subject to a maximum of Rs 10,000 |
| ii) Release among non-family members (co-owner and benami release) | 7% on the market value of the property | 1% on the market value of the property |
| Lease below 30 years | 1% on the total amount of rent, premium, fine, etc. | 1%, subject to a maximum of Rs 20,000 |
| Lease up to 99 years | 4% on the total amount of rent, premium, fine, etc. | 1%, subject to a maximum of Rs 20,000 |
| Lease above 99 years or perpetual leave | 7% on the total amount of rent, fine, premium of advance, if any, payable. | 1%, subject to a maximum of Rs 20,000 |
| Declaration of trust (if property is there, it would be considered as sale) | Rs 180 | 1% on the amount |
Source: Registration Department, TN
Stamp duty and registration charges in Tamil Nadu based on category
| Category | Stamp Duty | Registration charges |
| Men | 7% of the property value | 4% of property value |
| Women | 7% of the property value | 3% of property value (w.e.f April 2025) |
| Joint owners | 7% of the property value | 4% of property value |
*Stamp duty and registration charges for new property sale
Stamp duty and registration charges in Tamil Nadu for women
The registration charges for all immovable assets, including houses, plots and agricultural lands, registered in a woman’s name and valued up to Rs 10 lakh has been reduced by 1%. So, women property buyers will have to pay registration charges of 3% of the property value.
The announcement was made by Tamil Nadu Finance Minister Thangam Thennarasu while presenting the state budget 2025-26 on March 14, 2025. The revision of the registration charges in Tamil Nadu will be applicable from April 1, 2025.
The move aims to encourage property ownership among women in the state. It will help bring about financial independence and stability for women, who play a key role with their contribution in families and society. This will make property purchase affordable for women as around 75% of the current property registrations fall in this category.
Note: Stamp duty is always shown in percentage terms. The stamp duty amount is a specific percentage of the property transaction value. This means that if the buyer has purchased the property for Rs 50 lakh, he has to pay 7% of Rs 50 lakh as the stamp duty in Tamil Nadu. He has to pay another 4% of Rs 50 lakh as the land registration fees in Tamil Nadu. So, the buyer will have to keep 11% of Rs 50 lakh, to pay these state duties.
The charges are applicable as per the Tamil Nadu Stamp Act, 2019 and the Indian Stamps Act 1899. According to the acts, payment of stamp duty and registration charges in Tamil Nadu is mandatory for all property transactions. As per the Tamil Nadu Stamp Act, stamp duty is compulsory for some deeds.
Stamp duty and registration charges in Tamil Nadu based on property type
| Property type | Stamp duty rate |
| Residential property | 7% |
| Commercial property | 8% |
| Industrial property | 8% |
| Agricultural property | 7.5% |
See also: All about IGR Maharashtra
Settlement Deed registration charges in Tamil Nadu
A settlement deed refers to a legal document wherein the parties settle their differences or disputes, in cases related to immovable properties such as land. The document needs to be registered for it to be valid. The documents required for settlement deed in Tamilnadu during registration include original title document (and Patta), encumbrance certificate of the property, identity proof and Aadhaar proof of the parties.
The registration fees that must be paid in case of settlement are mentioned below:
- Stamp duty which is 1% of the market value of the property, subject to a maximum of Rs. 25000. Registration fees of 1% of the market value of the property subject to a maximum of Rs. 4000. These charges are applicable for settlement in favour of family members.
- The fees applicable for settlement in other cases include stamp duty of 7% of the market value of the property and registration fee of 4% of the market value of the property.
Registration of Release Deed
A release deed refers to a legal document that is applicable when removing a claim on an asset or releases a party from a contract. The stamp duty must be paid on two types of release documents – one for family members and another for non-family members.
In Tamil Nadu, if the release deed is among family members, a stamp duty and registration fee of 1%of the market value is applicable, up to a maximum of Rs 25,000 on stamp duty and Rs 4,000 on plot registration. If the release deed is among non-family members, the stamp duty will be 7% and the registration will be 1%.
Registration of Lease Deed
There are various types of lease agreements, which must be registered with the Tamil Nadu Registration Department if you are in Tamil Nadu. A stamp duty and registration charge of 1% must be paid based on the rent and any fine applicable, up to a maximum of Rs 20,000. In case of lease agreements up to 99 years, the stamp duty is 4% while registration fee is 1%, based on the rent or fine. In case of lease extending beyond 99 years, the stamp duty is 7% while registration is 1% based on the advance payment or premium.
See also: All about Tamil Nadu’s Patta Chitta document
Gift deed registration charges in Tamil Nadu
Stamp duty and registration charges are applicable if you have gifted or received land or property as a gift. The stamp duty to be paid is 7% while the gift deed registration charges in Tamil Nadu is 4%.
Stamp duty for power of attorney in Tamil Nadu
Stamp duty and registration fees are applicable on the registration of the power of attorney in Tamil Nadu. For general power of attorney for the sale of immovable property, the stamp duty is Rs. 100 while the registration fee is Rs 1,000. However, in the case of selling a property under the general power of attorney, the stamp duty is Rs. 100 and the registration fee is Rs. 50. The general stamp duty for power of attorney is 4% and the registration fee 1% up to a maximum of Rs. 10,000.
Stamp Duty for Partition Deed in Tamil Nadu
Stamp duty and registration fees are applicable on the registration of partition deed in Tamil Nadu. Stamp duty and plot registration charges at 1% of the property’s market value are applicable in case of division of property between family members. The maximum limit of both is Rs 25,000 and Rs 4,000, respectively under every unit of partition. In the case of a partition between people who are not related, the stamp duty applicable is 4%, and the registration charge is 1% of the market value of individual shares.
Modt charges in Tamil Nadu
Modt refers to Memorandum of Deposit of Title Deed, a legal document that a home loan borrower must sign and submit it to the bank or lender, as a proof that the individual has submitted the original papers to the lender. The Modt charges in Tamil Nadu comprise of stamp duty of 0.5% of the loan amount, up to a limit of Rs 30,000 and registration fee of 1% on the loan amount up to a maximum of Rs 6,000.
Exemptions and concessions on stamp duty in Tamil Nadu
- Affordable housing: In some areas, concession is available for properties categorised under affordable housing. This is aimed to benefit those belonging to low-income groups.
- First-time homebuyers: Some jurisdictions allow exemptions or reduced stamp duty rates for first-time property buyers, depending on factors such as eligibility criteria, maximum property value, duration of residency required.
- Transfer of property within family: In some cases, exemption or reduced rates are allowed when property is transferred between family members.
- Special economic zones (SEZs): Concession on property transactions may be allowed in some areas marked as SEZs, aimed to boost investments.
- Agricultural land: Special exemptions or lower stamp duty rates and registration charges are allowed on the transfer of agricultural land. This is aimed to boost agriculture and rural development.
- Government schemes: The state government comes up with schemes offering reduced stamp duty rates or concessions targeting specific groups such as senior citizens, veterans and economically weaker sections.
These concessions and exemptions may vary based on the location and local regulations.
How to check stamp duty eligibility for exemptions?
Property buyers can approach the Sub-registrar Office (SRO) to check their eligibility for concessions. Alternatively, one can visit the TNREGINET portal and use the Stamp Duty Valuation or Tamil Nadu land registration fees calculator to know the estimated costs and exemptions.
Is stamp duty and registration fee applicable on resale property?
When purchasing a resale property in Tamil Nadu, one should pay a stamp duty of 7% and a registration charge of 1% of the property’s market or agreement value.
Does stamp duty vary for urban and rural areas in Tamil Nadu?
Yes, stamp duty and registration charges may vary depending on the property’s location, whether it is an urban or a rural area.
About Tamil Nadu Stamp Duty Act
A property buyer in Tamil Nadu is required to pay the stamp duty and registration fees to the state government, according to the Indian Stamps Act, 1899 and Tamil Nadu Stamp Act, 2019. The payment of stamp duty and registration charges in Tamilnadu are applicable in property transactions related to sale, lease, partition and resale of a property.
Know about: Hosur
Stamp duty hiked for 20 legal services in Tamil Nadu
The Tamil Nadu government had recently hiked the stamp duty rates on 20 types of legal papers across the state aimed at reducing expenses on stamp papers of lower denominations.
This would imply increased expenses for the legal services in the state. As per the new rules, the stamp duty for adoption deeds will increase from Rs 100 to Rs 1000. The duty on affidavits, affirmations or declarations will increase from Rs 20 to Rs 200. The fee for duplication of agreement has been increased from Rs 20 to Rs 500.
What is the guideline value in Chennai 2025?
The guideline value refers to the minimum value of a property as decided by the state value below which a property transaction cannot take place. Generally, the guideline value is lower than the market value. In some cases, the market value may be lower than the guideline value of land. When registering a property, a buyer is required to pay stamp duty based on the guideline value or the market value, whichever is higher.
Property value is determined based on guideline value using the following formula:
Value of a property = Guideline value in Rs per sqm X built-up area in sqm
How does Tamil Nadu stamp duty and property registration charges impact final property price?
Buyers need to be aware of the property or land registration fees in Tamilnadu as it can impact their overall property purchase.
Here are the implications for stamp duty payment for a buyer:
- Higher upfront expenses: Payment of stamp duty and registration charges increases the overall upfront expenses during a property purchase. These charges significantly increase the costs in the case of high-value properties.
- Affordability of properties: For the average middle-class buyers, the higher property purchase costs may discourage them from investing in properties. However, concessions on affordable housing projects positively impacts the demand.
- Evolving market trends: The sudden increase in stamp duty on property registration can slow down the activity. However, favourable government policies and rebates can boost property sales in Tamil Nadu.
Let us examine how to calculate the impact of stamp duty and property registration charges in Tamilnadu on the final property price :
Suppose Gokul bought a property in Chennai that has a guideline value of Rs 40 lakh. He will have to pay the following charges:
- Registration fees: 4% of Rs 40 lakh= Rs 1,60,000
- Stamp duty: 7% of Rs 40 lakh= Rs. 2,80,000
Hence, the effective cost of owning this property comes to Rs 44.40 lakh.
The Tamil Nadu government recently issued an order to revise the stamp duty charges for property registration. The charges one has to pay is 1% of the property’s market value. Moreover, the registration charges for construction agreements have increased from 1% to 3%, with effect from July 10, 2023. This will directly have a financial implication on the final property cost for buyers.
See also: Everything about Tamil Nadu EC certificate
How to pay stamp duty online in Tamil Nadu?
The payment of stamp duty and land or property registration fees
in Tamil Nadu can be done online, via the e-stamping facility. Stock Holding Corporation of India Limited (SHCIL) is the central record keeping agency (CRA) appointed by the central government for granting e-stamp certificates in the country.
One can visit the SHCIL website and get information on transactions that require stamping and the addresses of collection centres.
Here’s a step by step guide:
- Go to the SHCIL website
- Click e-stamp services
- Select Tamil Nadu state from the dropdown
- Fill out the application form. Click on the ‘Download’ tab.
Now, submit the form at the Authorised Collection Center along with payment for the stamp certificate.
The various modes of paying stamp duty in the e-stamping system, include NEFT, RTGS, pay order, demand draft, cheque, cash and account to account transfer. One should reach out to the nearest e-stamping centre before initiating an electronic fund transfer.
Also read: What is e-stamping and how is it done?
How to pay stamp duty offline in Tamil Nadu?
Property buyers can pay the TN stamp duty and registration charges by visiting the sub-registrar’s office in their location. The procedure involves filing an application form, submitting the document and paying the required charges for land or property registration. One the process, the applicants will get the stamp duty certificate. The payment can be made through cash, demand draft, cheque, NEFT, RTGS or debit/ credit card.
One can obtain the stamp paper from a treasury or through the franking method that is a process used for getting a property document stamped. The cost that must be paid is referred to as franking charges. The document becomes legally valid once it is stamped.
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Property registration procedure in Tamil Nadu
Property due diligence: Proper inspection of the property and due diligence are crucial before proceeding with a property sale agreement or finalising price negotiation. It is advisable to seek the help of a legal professional.
Sale deed preparation: The sale deed must be prepared after the due diligence is completed. You can approach an advocate, a licensed document writer or a chartered accountant who has a document writing license.
Stamp paper purchase: The agreement must be drafted on stamp paper. The value of the stamp paper will depend on the property registration charges. It can be prepared by an advocate or a licensed document writer.
If you are buying a property in Chennai, it must be registered within four months of the execution of the agreement of sale. After the property transaction, the buyer should pay the stamp duty and the applicable registration charges. Visit the Registrar/sub-registrar’s office of the jurisdiction where the property was purchased to complete the property registration process.
Documents required for property registration in Tamil Nadu
Property buyers need to provide the following documents during property registration in Tamil Nadu:
- PAN card
- Identity proofs of property owner and witnesses
- Two passport-sized photographs
- Stamp duty receipt
- No objection certificate (NOC)
- Sale deed
- Power of attorney
- Municipal tax bill
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Tamil Nadu Stamp Duty Schedule PDF
A comprehensive stamp duty schedule is published annually by the Tamil Nadu government, which can be downloaded from the official website. The schedule mentions the stamp duty rates for various property transactions.
What is the new land registration system in Tamil Nadu?
The Tamil Nadu government introduced a Composite Value Registration system, which came into effect from December 1, 2023. Under the new system, the property’s sale deed can be registered based on the land and building’s composite value. The new system aims to boost revenue for the government and streamline the registration process. Before the implementation of the Composite Value Registration system, two separate documents had to be registered – one for the undivided share of land (UDS) and another document for the construction agreement.
Benefits for stamp duty payment in Tamil Nadu
Tax benefits
Property buyers are required to pay stamp duty and registration charges, which significantly increases their overall cost. As per the government rules, the maximum tax imposed on the payment of stamp duty and registration charges will be limited to Rs 1,50,000 only. This benefit can be claimed by Hindu Undivided Families (HUFs) and individuals. One should approach and check with state tax authorities before paying stamp duty and registration charges in Tamil Nadu.
You can visit the official portal of the Income Tax Department to get information about the situation where you are eligible to claim a tax deduction.
Legal ownership and protection against disputes
After undertaking a property transaction, the registration of property documents in the government records is a legal obligation and ensures the legal transfer of property ownership. The registered document serves as a proof of ownership, preventing potential disputes.
Ease of resale of properties
Property buyers, when purchasing any property, check crucial documents to ascertain the legal ownership of the existing owner. Properties with completed registration are easier to sell or transfer.
Importance of property registration charges in Tamil Nadu
- Legal validation of the transaction: Payment of property registration charges is mandatory as per the law. It ensures the legal validation of the property transaction, which makes the property document valid as proof in a court of law.
- Official recording of the property: The registration charges are paid to ensure the property is officially recorded in the government records.
- Prevents property fraud: The registration process and payment of the fee protect property buyers in case of fraud.
Tamil Nadu Stamp Paper: Things to know
Property buyers must be aware of the following points when registering a property in Tamil Nadu.
- The stamp duty is collected for validating the registration agreement of any property.
- One cannot claim property ownership without paying the stamp duty.
- The document serves as a legal document for property ownership and is considered valid in court for legal issues.
- One must obtain a non-judicial stamp paper from the court and treasury.
- There is no provision for purchasing e-stamp paper in Tamil Nadu.
Key consideration for property buyers
- Verification of market value: The market value of the property is assessed by the sub-registrar’s office to avoid discrepancies.
- Proper documentation: Buyers should keep vital documents such as the sale deed, encumbrance certificate and ID proofs for hassle-free registration processes.
- Seek legal support: Buyers can get the assistance of property lawyers to ensure compliance with Tamil Nadu property laws.
When to pay stamp duty and registration charges?
If you have purchased a property, you must complete the property registration process within four months of execution of the sale deed. If registration is delayed, penalties are levied based on the time taken to register:
- Up to 1 week, 25% of registration charge
- For 1 month, 75% of registration charge
- Up to 4 months, 100% of registration charge
How to check the market value of properties in Tamil Nadu?
Property buyers in Tamil Nadu can find out the market value of properties, also known as the guideline value, through the official Registration Department at portal https://tnreginet.gov.in/portal/.
- Visit the TNREGINET portal and click on the ‘Guideline Value’ tab. Click on the latest link for the revised guideline value.
- Provide the required details such as street or survey numbers.
- Click on the search option to check the streetwise details.
What is the procedure for property name transfer in Tamil Nadu?
The process for name change for land registration in Tamil Nadu. Visit the Taluk or Village Administrative office in your locality. Fill the patta transfer form and submit it along with the required, duly attested documents. The application may be rejected or accepted based on the department’s report. If approved, the name change will be updated and issued within 15 to 30 days.
Land registration in Tamil Nadu
How to register land in Tamil Nadu?
- Purchase stamp paper, the value of which will depend on the property registration charges.
- Draft the sale deed with the help of a qualified professional.
- In Tamil Nadu, land registration must be completed within four months of signing the sale deed. Visit the nearest sub-registrar under whose jurisdiction the property falls to complete the registration process.
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What are agricultural land registration charges in Tamil Nadu?
For buying agricultural land in Tamil Nadu, a stamp duty of 7% of the market value of the property and registration fee of 4% of the property value is applicable. The charges are applicable for the sale, resale and land registration in Tamil Nadu.
Land registration fees in Tamilnadu for a resale property
The Tamil Nadu registration charges for a resale property is 1% of market value or the agreement value of the property. The stamp duty that will be levied on the same is 7%.
GST for land registration in Tamil Nadu
New GST rates were released based on the GST Council meeting on February 24, 2019. The GST rates in residential areas are:
- 5% GST without ITC (Input Tax Credit) on residential properties, not part of an affordable housing segment.
- 1% GST without ITC on residential properties included under affordable housing segment.
12% GST in Tamil Nadu is applicable, which does not apply to sale or resale of old properties.
- Total carpet area of the property should not exceed 60 square metre in metropolitan regions.
- Total carpet area should not exceed 90 square metre in non-metropolitan cities.
- Total value of the property should not exceed Rs 45 lakh. It is applicable in metropolitan and non-metropolitan regions.
Land or plot registration charges in Tamil Nadu
The stamp duty and registration fees for plot registration in Tamil Nadu is 1%, with a maximum limit of Rs. 4,000. A stamp duty of 7% of the market value of the property is applicable.
Housing.com News Viewpoint
According to the Tamil Nadu Stamp Act 2019 and the Indian Stamp Duty Act 1899, it is mandatory for a property buyer to pay the stamp duty and registration charges when engaging in a property transaction. Through the SHCIL portal, the payment of stamp duty in Tamil Nadu has been simplified as buyers need not visit the Sub-registrar’s office for this purpose. Prospective buyers should be aware of the latest stamp duty and registration charges, which will make the process hassle-free and help one plan their finances for the property purchase.
Tamil Nadu Stamp Duty and Registration Department: Contact details
Email ID: estamping@stockholding.com
Registered Office Address: 301, Center Point, Dr Babasaheb Ambedkar Road, Parel, Mumbai – 400012
e-Stamping Operations Office Address: SHCIL House, Plot Number: P-51 T.T.C Industrial Area, MIDC, Mahape, Navi Mumbai – 400710
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FAQs
Is it mandatory to register property in Tamil Nadu?
Yes, as per the Registration Act, 1908, it is mandatory to register your property.
Can I pay stamp duty by credit card in Tamil Nadu?
The Department of Registration in Tamil Nadu takes initiatives such as equipping registrar offices with facilities like PoS (Point of Sales) devices and enable citizens to pay their property registration charges using debit cards or credit cards.
Is registration required once the entire loan amount is repaid on the property?
One is not required to register the property again after repaying the home loan. Since registration of the mortgaged property is done individually, once the amount is paid, the mortgage documents will become null.
For how long is Tamil Nadu Stamp Paper considered valid?
Stamp paper in Tamil Nadu or other states do not have any expiry date. According to Section 54, if stamp paper is not used for six months, one can deposit it back and get the refund by paying some penalty.
Is registration mandatory for home loan?
Generally, banks and financial institutions do not provide loans for unregistered properties. In the case of under-construction property, the home loan can be obtained without the property registration documents. However, the property should be registered after possession and a completion certificate must be obtained.
What are plot registration charges in Tamil Nadu?
Stamp duty of 7% of property market value and registration charges are 4% of property value are applicable for plot registration in Tamil Nadu.
Is stamp duty payable on release deed?
In India, according to section 17 of the Registration Act 1908, a release deed is considered valid only when it is registered at the sub-registrar office. Stamp duty and registration charges are applicable on registering the release deed.
What is release deed in Tamil Nadu?
A release deed is a legal document executed for transferring a person's share in a jointly owned property to a co-owner. In Tamil Nadu, stamp duty and registration charges are applicable for a release deed. A stamp of 1% on market value is applicable (not exceeding Rs 40,000) for release among family members and 7% in case of non-family members. The registration charges are 1% on the market value subject to a maximum of Rs 10,000 in case of coparceners.
Will Patta change automatically after registration?.
In a move that aims to address the delay in transferring pattas for sub-divisions, the state government launched a software for the Directorate of Survey and Settlement, which automatically divides and transfers ‘Pattas’ in the names of those who buy plots in approved layouts. Patta will be issued in the name of individual owners soon after lands are purchased through registration. They need not apply for Patta transfer separately or visit the Tahsildar office.
Is gift deed valid without registration?
According to section 123 of the Transfer of Property Act, any gift involving an immovable property should be registered. The stamp duty and registration charges is also payable.
Is stamp duty refundable?
Stamp duty is not refundable.
Can stamp duty be claimed as an income tax deduction?
Yes. Stamp duty payment can be claimed as income tax deduction up to Rs 1.5 lakh, under Section 80C of the Income Tax Act, 1961.
Are stamp duty and registration charges included in home loan?
Stamp duty and registration charges are not covered by home loan.
Should you register again after the mortgage on property you cleared?
Registration of the mortgaged property is done individually. The documents regarding the mortgage will become null and void once the payment is done. If the property is already registered, registration is not required.
Do you need to register the property you have taken on lease?
You must register the property you have taken on lease. Stamp duty and registration fee of 1% in addition to rent or premium should be paid. The upper limit of the Tamil Nadu house registration charges is Rs 20,000.
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