What are the stamp duty charges for property registration?

What the Law Says

Stamp duty on property registration is governed by the Indian Stamp Act, 1899, and respective State Stamp Acts, which empower states to set their own rates and exemptions.

The Indian Stamp Act, 1899 is the central law that authorises states to levy stamp duty on instruments like sale deeds, lease agreements, and gift deeds. Since land is a state subject under the Constitution, each state has its own Stamp Act or amendment rules specifying applicable rates, concessions, and penalties.

Stamp duty is calculated on the higher of the agreement value or the ready reckoner (circle) rate published by the state government. Payment must be made before or at the time of registration — failure attracts penalty and invalidates the instrument.

Some states offer concessions for women buyers (e.g., reduced rates), first-time homebuyers, or properties below a certain size or value. These vary widely and are notified via state government notifications.

Statutory Text

Every instrument specified in Schedule I shall be chargeable with duty as therein provided.

— Indian Stamp Act, 1899, s. 3 — Instruments chargeable with duty

Statutory Text

Duty shall be levied on the market value of the property or the consideration amount, whichever is higher.

— Maharashtra Stamp Act, 1958, s. 30A — Valuation of property

Sources