Stamp Duty Calculator

Maharashtra: 5% (men), 4% (women), 3% (joint woman+man). Karnataka: 5% + 0.25% cess. Delhi: 6% (men), 4% (women). Tamil Nadu: 7%. Gujarat: 4.9%. Telangana: 4% (women), 5% (men). Uttar Pradesh: 7% (men), 6% (women). West Bengal: 6-7%. Rajasthan: 5-6%. Haryana: 7% (urban), 5% (rural). Registration charges typically 1-2% additional. Example: ₹50L property in Maharashtra for woman → Stamp Duty ₹2L (4%) + Registration ₹50k (1%) = ₹2.5L total. ALWAYS verify latest rates on state government websites as rates change annually.

Women get 1-2% discount in most states. Maharashtra: 1% discount (5% vs 4%). Delhi: 2% discount (6% vs 4%). Karnataka: 1% discount. Tamil Nadu: No discount. Joint ownership (woman + man): Intermediate rates. Example: ₹1 Cr property in Maharashtra → Man pays ₹5L, Woman pays ₹4L (saves ₹1L). Delhi → Man pays ₹6L, Woman pays ₹4L (saves ₹2L). CRITICAL: Property must be registered in woman's name ONLY (not joint ownership with male co-owner in some states). Some states allow joint ownership discount. Check state-specific rules. Women discount introduced to promote female property ownership.

Registration Charges = 1-2% of property value (separate from stamp duty). Components: (1) Registration fee (1-1.5%), (2) Processing fee (₹1,000-₹5,000), (3) e-Seva charge (~₹500), (4) Documentation (~₹500). Example: ₹50L property → Registration ₹50k-₹1L. ₹1Cr property → Registration ₹1-2L. Capped in some states (Maharashtra caps at ₹30k for properties under ₹30L). Calculation: Minimum of (1% of property value OR state-specific cap). Paid SEPARATELY from stamp duty (2 different government receipts). Required for legal transfer of property ownership. Without registration, sale deed has no legal validity.

YES, under Section 80C up to ₹1.5L limit. Eligibility: (1) First-time homebuyer, (2) Purchase of property (not construction), (3) Stamp duty + registration charges claimed in year of payment. Example: Pay ₹3L stamp duty in FY 2024-25 → Claim ₹1.5L deduction → Save ₹46,500 tax (30% bracket). Remaining ₹1.5L cannot be carried forward. CRITICAL: Deduction available ONLY in year of payment (not year of registration if paid earlier). If property sold within 5 years, deduction reversed and added to income. Stamp duty on plot purchase NOT eligible unless construction completed within 3 years. Section 80C combined limit with PPF, ELSS, life insurance.

Ready-to-Move: Pay stamp duty at time of registration (full amount upfront). Under-Construction: Two options → (1) Pay full stamp duty upfront on agreement value (builder preferred), (2) Pay on phased basis as construction progresses (rare, builder dependent). Example: ₹80L property, ₹20L paid now, ₹60L in 2 years. Option 1: Pay ₹3.2L stamp duty NOW (4% of ₹80L). Option 2: Pay ₹80k now + ₹2.4L later (if builder allows). RISK: Under-construction projects → If stuck, you've paid stamp duty on incomplete property. Recommendation: For under-construction, pay stamp duty only at possession or registration (minimize risk).

Stamp duty = Higher of (Circle Rate OR Agreement Value). Circle Rate (aka Guidance Value, Ready Reckoner Rate) = Government's minimum property valuation. Example: Buy property for ₹60L (agreement value), Circle Rate ₹80L → Stamp duty charged on ₹80L (₹3.2L at 4%). Buy for ₹1Cr, Circle Rate ₹90L → Stamp duty on ₹1Cr (₹4L at 4%). REASON: Prevents tax evasion through under-reporting property value. Circle rates updated annually (usually 5-10% increase). Check current circle rate on state sub-registrar website BEFORE negotiating property price. If circle rate greater than agreement value, you pay stamp duty on circle rate (and bank loans also capped at circle rate valuation).

TDS (Tax Deducted at Source) = 1% of property value (separate from stamp duty). Applicable if property value greater than ₹50L. Buyer deducts 1% from payment to seller, deposits with government. Example: ₹1Cr property → Buyer pays seller ₹99L, deposits ₹1L as TDS to government. Seller gets TDS credit (adjusts in ITR). Stamp Duty vs TDS: Stamp Duty = Government charge for registration (non-refundable, 4-7%). TDS = Income tax advance deduction (refundable if seller's tax liability under ₹1L). Total cost: ₹1Cr property in Maharashtra for man → Stamp Duty ₹5L + Registration ₹1L + TDS ₹1L = ₹7L additional (buyer pays ₹5L+₹1L, withholds ₹1L from seller).

Total Additional Costs (beyond property price): (1) Stamp Duty: 4-7% (state dependent), (2) Registration: 1-2%, (3) GST: 1-5% (under-construction only, not applicable for resale), (4) Brokerage: 1-2% (if agent involved), (5) Legal fees: ₹10k-₹50k, (6) Home loan processing: 0.5-1% (if taking loan). Example: ₹50L property (resale, woman buyer, Maharashtra) → Stamp Duty ₹2L (4%) + Registration ₹50k (1%) + Legal ₹20k + Brokerage ₹1L (2%) = ₹3.7L (7.4% extra). ₹1Cr under-construction (man, Karnataka) → Stamp Duty ₹5.25L (5.25%) + Registration ₹1L + GST ₹1L (1%) + Legal ₹30k = ₹7.55L (7.55% extra). Budget 8-10% above property price for ALL costs.

Consequences: (1) Property not legally yours (sale deed invalid), (2) Cannot sell/transfer property, (3) Penalty: 2-200% of deficit amount + interest 12-18% annually, (4) Criminal prosecution possible. Example: Pay ₹2L stamp duty on ₹1Cr property (should be ₹5L). Penalty = ₹3L deficit + 100% penalty ₹3L + 15% interest ₹45k/year = ₹6.45L (vs original ₹3L deficit). Property disputes unresolvable without valid registration. Banks won't give loan against under-stamped property. CRITICAL: Always pay correct stamp duty based on circle rate or agreement value (whichever higher). Verify stamp duty receipt (SR sticker on sale deed) issued by government before completing transaction.