Stamp Duty Calculator
Estimate the stamp duty and registration charges for your property.
Total Property Cost
₹0.00
Understanding Property Purchase Costs
When buying a property, the sale price is not the final cost. You must also pay stamp duty and registration charges to the government to legally register the property in your name. These charges are a significant expense, often amounting to several lakhs. This calculator helps you estimate these additional costs based on your state's regulations, allowing you to budget accurately for your property purchase.
Frequently Asked Questions (FAQ)
What is Stamp Duty?
Stamp duty is a tax that is levied on single property purchases or documents (including, historically, the majority of legal documents such as cheques, receipts, military commissions, marriage licences and land transactions). It is a state-level tax, so the rates vary from state to state.
What are registration charges?
Registration charges are a fee paid to the state government to register a property transaction in your name in the official government records. This is typically a percentage of the property's market value and is paid in addition to stamp duty.
Why do stamp duty rates vary for men and women?
To promote property ownership among women, many state governments in India offer a concession on stamp duty rates for female homebuyers. The rates are often 1-2% lower for women compared to men.
0 Comments