Stamp duty on property

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Student
1174 Points Posted on 06 September 2021
how much is stamp duty (in % terms) on purchase of property on sale value?

what other charges will be incurred and in what %?
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On 06 September 2021 at 12:52 Report
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Quick Summary
This discussion clarifies the stamp duty costs associated with property purchases in India. Generally, stamp duty ranges from 5-7% of the sale value, with additional charges like registration fees often adding to the total. Specific rates can vary significantly by state, as illustrated by the example of Tamil Nadu, which has a 7% stamp duty plus a 4% registration fee.

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SEO Sai Gr. Hosp.
212489 Points Posted on 06 September 2021

It varies from state to state; but generally its around  5 to 7% of the transaction value.

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On 06 September 2021 at 14:27
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Student
1174 Points Posted on 06 September 2021
In Tamil Nadu, seems 7% for stamp duty + 4% on registration fee,I guess
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On 06 September 2021 at 15:11
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SEO Sai Gr. Hosp.
212489 Points Posted on 06 September 2021

Yes.... but partly....

For full details of various rates kindly refer::

https://www.squareyards.com/blog/what-are-the-registration-stamp-duty-charges-in-tamil-nadu

 

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On 06 September 2021 at 18:34
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Student
1174 Points Posted on 06 September 2021
Thank you so much sir. this is very useful.
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On 06 September 2021 at 18:40

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