Stamp Duty Calculator
Estimate the government charges for property registration across different states in India.
Many states offer lower stamp duty rates for female owners.
Stamp Duty
₹ 0
Registration
₹ 0
What is a Stamp Duty Calculator?
A Stamp Duty Calculator is a tool that helps home buyers estimate the Stamp Duty and Registration Charges payable to the state government during property registration. These charges vary from state to state and also depend on factors like the property's market value, location (urban/rural), and the gender of the owner (some states offer concessions for women).
How It Works
The calculator applies the specific percentage rates mandated by the selected state government to the property value. It calculates Stamp Duty (a tax on legal documents) and Registration Fee (a fee for maintaining records).
Example Calculation
Rohan buys a flat in Mumbai for ₹1 Crore.
- 1.Property Value = ₹1,00,000,00
- 2.Stamp Duty Rate (Maharashtra) = 5% (approx)
- 3.Stamp Duty Amount = ₹5,00,000
- 4.Registration Fee = 1% (Capped at ₹30,000)
- 5.Total Government Charges = ₹5,30,000
Why This Tool is Useful
- ✓Helps in budgeting the total cost of property acquisition.
- ✓Avoids last-minute financial shocks during registration.
- ✓Shows state-specific rates and concessions.
- ✓Calculates both Stamp Duty and Registration fees separately.
- ✓Essential for home loan planning as these charges are usually not covered by loans.
Tips & Comparison
- •Women Buyers: Many states like Delhi, Haryana, and UP offer a 1-2% concession on Stamp Duty for women buyers.
- •Joint Ownership: Registering property jointly with a female family member can also attract lower rates.
- •Ready Reckoner Rate: Stamp Duty is calculated on the higher of the Agreement Value or the Ready Reckoner Rate (Circle Rate).
- •Tax Benefit: Stamp Duty and Registration charges are eligible for tax deduction under Section 80C within the ₹1.5 Lakh limit.