calc.bitgeek.in calculators that show their working

calc / real estate / SD

Stamp Duty & Registration

What the government takes when property changes hands — stamp duty and registration by state, with the woman-buyer concessions where they exist and the TDS the buyer must deduct above ₹50 lakh.

Stamp duty & registration rates indicative — verify on the state portal

duty is charged on the higher of this and the circle rate
indicative rates — states revise them in every budget
concession applies in Delhi & Haryana; deed must be in her name
Stamp duty
—
Registration charge
—
Total govt. cost
—
TDS you must deduct
—

claim & customise this page →

§1How stamp duty works

taxable value = MAX(agreement value, circle rate / guidance value of the property) stamp duty = taxable value × state rate (indicative rates above) registration = taxable value × 1% (capped ₹30,000 in Maharashtra)

Stamp duty is a state tax on the transfer document itself — the sale deed is not legally valid until it is stamped and registered. The sub-registrar values the property at the higher of what you actually paid and the government's published circle rate (called guidance value in Karnataka, ready-reckoner rate in Maharashtra), then charges duty on that. Registration is a separate fee, typically 1%, for entering the deed into government records.

Worked example — defaults above

A ₹75 lakh flat in Maharashtra: stamp duty at 6% (5% duty + 1% metro cess) = ₹4,50,000. Registration is 1% but capped at ₹30,000 in Maharashtra, and 1% of ₹75 lakh would be ₹75,000, so you pay the cap: ₹30,000. Total government cost = ₹4,80,000 — an effective 6.40% of the property value. And because the value crosses ₹50 lakh, the buyer must also deduct ₹75,000 (1%) as TDS from payments to the seller.

§2The gotchas

These rates are indicative — and they move

States tinker with stamp duty in nearly every budget: temporary cuts to boost registrations, metro cess additions, slab changes for women. The numbers here are the commonly quoted indicative rates, not a legal quotation. Before you budget the last rupee, verify on the state registration department's portal — most now have official duty calculators.

Buying below the circle rate taxes both of you

If the agreement value is below the circle rate by more than the tolerance band, the taxman treats the difference as income: the buyer is taxed on it under Section 56(2)(x), and the seller's capital gains are computed on the circle rate under Section 50C. A "cheap" deal on paper can cost both parties real tax — duty on the circle rate is only the beginning.

The woman-buyer concession has fine print

Delhi charges women 4% instead of 6%, Haryana 5% instead of 7%, and UP gives a flat rebate on a small slab. The catch: the deed must actually be in her name. Joint husband-wife deeds get a blended or nil benefit depending on the state — Delhi charges 5% on a joint deed, others give nothing. Registering solely in her name to save duty also means the asset is legally hers.

The loan does not cover this

Banks lend against the agreement value only — stamp duty and registration are excluded from the property cost for LTV purposes by RBI mandate. Your real cash-at-purchase is the down payment plus duty plus registration. On the example above, a 20% down payment of ₹15 lakh actually needs ₹19.8 lakh in the bank.

§3Related

Work out how much loan your income supports with the home loan eligibility calculator, or step back and test the whole decision with rent vs buy.