Stamp Duty in Delhi
If you are looking to know Stamp Duty in Delhi then you are at the right place. Generally, stamp duty charges and property registration fees differ from one State to another. These charges are levied at the time of registration of a property. Paying such charges authenticates a homebuyers’ ownership of the property. Hence, it is mandatory to pay stamp duty and to register your property. Propertyyy.com shares an insight into the costs involved in Delhi stamp duty.
If you are looking to know Stamp Duty in Delhi then you are at the right place. Generally, stamp duty charges and property registration fees differ from one State to another. These charges are levied at the time of registration of a property. Paying such charges authenticates a homebuyers’ ownership of the property. Hence, it is mandatory to pay stamp duty and to register your property. Propertyyy.com shares an insight into the costs involved in Delhi stamp duty.
To register a property in Delhi, owners have to pay stamp duty and registration charges to the Registration and Stamp Department of the State. These charges are based on the property price registered or the ready reckoner rate, whichever is higher.
Registration charges and Stamp duty in Delhi
The Delhi government demands stamp duty and registration fees at the time of registration of the property. It is important to know the current house registration charges and stamp duty in Delhi. Right now, the stamp duty rates are charged at Six Percent. The stamp duty in Delhi is levied on all categories of buyers including males, females and joint property owners (male and female).
The State government has, however, provided a rebate for the female owners in Delhi. If the property is bought in the name of a woman, the government grants a discount of Rs 10,000 on the total stamp duty charged.
You can pay Delhi stamp duty charges online, too. The online method for property registration in Delhi is easy and hassle-free. For registering the property in Delhi, the State government levies one percent of the market price of the property or the transaction value, whichever is higher.
| Registration charges and Stamp duty in Delhi 2019 | ||
| Ownership | Stamp duty rates | Registration fees |
| Male | 6 percent | 1 percent |
| Female | 4 percent | 1 percent |
| Joint (Male and Female) | 6 percent | 1 percent |
Let us understand the stamp charges and registration charges applicable on a property worth Rs 50 lakh in Delhi for male and female owners. Assume that a man and a woman buy two adjacent properties in the twin city. Following will be the total cost of the property for them:
Stamp duty payable by Man = 50,00,000 * 6/100 = Rs 3,00,000
Registration fee = 50,00,000 * 1/100 = Rs 50,000
Hence, total cost of the property for Male = Rs 50,00,000 + Rs 3,00,000 + Rs 50,000 = Rs 53,50,000
Stamp duty payable by Woman = 50,00,000 * 4/100 = Rs 2,00,000
Being a woman, Simran gets a rebate of Rs 10,000 on the total stamp duty charged.
Registration fee = 50,00,000 * 1/100 = Rs 50,000
Hence, total cost of the property for Female = Rs 50,00,000 + Rs 2,00,000 + Rs 50,000 = Rs 52,50,000
Documents required for payment of Delhi Stamp charges and Property Registration Fees in Delhi
- Sale Deed
- Tax paid receipts of the last three months
- Power of attorney, if any
- A copy of all registered previous agreements (in case of resale property)
- Latest bank statements
- Encumbrance Certificate
- Sale agreement
- Electricity bill
- Sanctioned building plan
- Occupancy / Possession certificate from the builder
Also Read:
Stamp duty in Noida
Stamp duty in Greater Noida
Disclaimer: The views expressed above by Propertyyy are for informational purposes only based on industry reports and related news stories. Propertyyy does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
