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What Are The Stamp Duty amp Registration Charges in Mumbai

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What Are The Stamp Duty amp Registration Charges in Mumbai

Last updated: February 22 2015
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  • What Are The Stamp Duty amp Registration Charges in Mumbai

    Hello Friends,

    Can somebody guide me about the Stamp Duty and Registration Fee charges for an apartment at Mumbai? For eg. How to calculate the stamp duty and registration charge for an apartment costing Rs.85,00,000/-.

    Mods : If I have posted the question in the wrong thread, kindly correct me.

    Regards,
  • #2

    #2

    Re : What Are The Stamp Duty amp Registration Charges in Mumbai

    Details

    Originally posted by NarayananI View Post
    Hello Friends,

    Can somebody guide me about the Stamp Duty and Registration Fee charges for an apartment at Mumbai? For eg. How to calculate the stamp duty and registration charge for an apartment costing Rs.85,00,000/-.

    Mods : If I have posted the question in the wrong thread, kindly correct me.

    Regards,

    If anybody needs the same info:
    1% Registration to a max of Rs.30K agreement value
    5% + 1% Stamp Duty + Surcharge on the agreement value

    Comment

    • #3

      #3

      Re : What Are The Stamp Duty amp Registration Charges in Mumbai

      Thanks for sharing the information

      Comment

      • #4

        #4

        Re : What Are The Stamp Duty amp Registration Charges in Mumbai

        Depreciation in calculating Stamp duty

        Thanks for posting this.
        I thought it was 5% only for stampduty.
        What is the Surcharge for?

        Do you have any idea what happens with the property which is old (25-30 years old) I have overheard agents talking about Depreciation on the cost which helps lower down the Stamp Duty.

        Please someone throw light on this.

        Thanks

        Comment

        • #5

          #5

          Re : What Are The Stamp Duty amp Registration Charges in Mumbai

          Originally posted by vyerth View Post
          Thanks for posting this.
          I thought it was 5% only for stampduty.
          What is the Surcharge for?

          Do you have any idea what happens with the property which is old (25-30 years old) I have overheard agents talking about Depreciation on the cost which helps lower down the Stamp Duty.

          Please someone throw light on this.

          Thanks
          Stamp duty is calculated on the agreement value or Ready reckoner value for that area whichever is higher. Rs. 7400/- for the first 5 lakh and 5% on the remaining amount.

          Depreciation that you have heard must be with regards to Capital Gains and not stamp duty.

          Comment

          • #6

            #6

            Re : What Are The Stamp Duty amp Registration Charges in Mumbai

            I would like to know Property Registration Charges in Delhi

            Comment

            • #7

              #7

              Re : What Are The Stamp Duty amp Registration Charges in Mumbai

              Originally posted by highrisemumbai View Post

              Stamp duty is calculated on the agreement value or Ready reckoner value for that area whichever is higher. Rs. 7400/- for the first 5 lakh and 5% on the remaining amount.

              Depreciation that you have heard must be with regards to Capital Gains and not stamp duty.
              1. The info posted by you on Stamp duty is correct at this time BUT somebody posted or I read that AFTER October it will be 6%. I dont know if that is correct info.

              What is the Service charge? how much? is that only for Under Construction or also for resale?

              Comment

              • #8

                #8

                Re : What Are The Stamp Duty amp Registration Charges in Mumbai

                What is the site to calculate latest stamp duty and registration charges ?

                Comment

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