Stamp duty
Registration cost on a property purchase
Worked example
Using the default values, stamp duty gives a total registration cost of ₹3,50,000.
| Item | Value |
|---|---|
| Property value | ₹50,00,000 |
| Total charges | ₹3,50,000 |
| Charges as % of value | 7.0% |
| All-in cost | ₹53,50,000 |
What you need
- Property value
- Stamp duty rate
- Registration fee
Questions
What is the circle rate?
The minimum value the state government assigns to property in an area. Stamp duty is charged on whichever is higher — your actual price or the circle rate — so a below-circle-rate purchase does not reduce duty.
Important
Rates vary by state and often by buyer. Women buyers pay 1–2 percentage points less in several states, and rural rates can differ from urban. Duty is charged on the higher of the transaction value and the circle rate, so check the circle rate for the locality before budgeting.