Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Change in Stamp Duty Rates for Home Registration

Loan for Home

Change in Stamp Duty Rates for Home Registration

Change in Stamp Duty Rates for Home Registration

Stamp Duty is a form of tax that buyers have to pay when purchasing a property. Under Section 3 of the Indian Stamp Act 1899, paying stamp duty is compulsory to get a property registered. It is calculated as a percentage of the circle rate (also known as the Ready Reckoner rate) of the property, or its value, as mentioned in the agreement, whichever is higher. The stamp duty rates on property may vary from state to state, and even within a state based on various factors.

Factors affecting Stamp Duty Rate

● Status of the property –

Old or new unit, agricultural or non-agricultural land, etc.

● Location of the property –

The jurisdiction under which a property falls helps determine the applicable rate of stamp duty. Rates may be different for properties in the city, in a suburban area, metropolitan area, rural area, etc. Calculate the stamp duty of the property in your location using our stamp duty calculator.

● Age and gender –

In select states, rebates and discounts in stamp duty rates are applicable for women and senior citizens.

Additional Read: What is a Stamp Duty? How to Calculate Stamp Duty Online?

Stamp Duty Rates 2020

The new stamp duty rates applicable in different states have been listed below.

States Stamp Duty Rates
Andhra Pradesh 5%
Arunachal Pradesh 6%
Assam 8.25%
Bihar Male seller to female buyer – 5.7%
Female seller to male buyer – 6.3%
Other cases – 6%
Chhattisgarh 5%
Goa Up to Rs. 50 lakhs – 3.5%
Rs. 50 lakhs – Rs. 75 lakhs – 4%
Rs. 75 lakhs – Rs. 1 crore – 4.5%
Over Rs. 1 crore – 5%
Gujarat 4.9%
Haryana Male – 6% in rural areas and 8% in urban areas
Female – 4% in rural areas and 6% in urban areas
Himachal Pradesh 5%
Jammu and Kashmir 5%
Jharkhand 4%
Karnataka Up to Rs. 20 lakhs – 2%
Rs. 20 Lakhs – Rs. 35 lakhs – 3%
Over Rs. 35 lakhs – 5%
Kerala 8%
Madhya Pradesh 7.5%
Maharashtra 2% (From September 1 to December 31, 2020)         2% (From January 1 to March 31, 2021)
Manipur 7%
Meghalaya 9.9%
Mizoram 9%
Nagaland 8.25%
Odisha 5% (Male)                                                                          4% (Female)
Punjab 7% (Male)                                                                          5% (Female)
Rajasthan 5% (Male)                                                                           4% (Female)
Sikkim 4% + 1% (For people of Sikkimese origin)
9% + 1% (For others)
Tamil Nadu 7%
Telangana 5%
Tripura 5%
Uttar Pradesh Male – 7%
Female – 7%- Rs. 10,000
Uttarakhand Male – 5%
Female – 3.75%
West Bengal Up to Rs. 25 lakhs – 7%
Above Rs. 25 lakhs – 6%

Note: This table is for reference purposes only. States may revise their stamp duty rates. Please refer to the official website of the State for current stamp duty rates.

Additional Read: How to do Registration of a New House?

Looking for the right lender to apply for a home loan? Tata Capital has a solution for all your home loan needs. Our application process is hassle-free and has minimal required documents.

With attractive home loan interest rates, and dedicated after-sales service and support, Tata Capital is the ideal home loan provider for you. Visit our website for more information.

Apply for Housing Loan

Say Hello to Your New Home with Our Easy Home Loans!

Apply now
Popular Searches
anyror modt charges 712 utara online gujarat pre emi calculator earnest money deposit Goa Land Record earnest money khasra number meebhoomi Assam Land Record
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.