How Much Do they Charge for Rental Agreement in Hyderabad?

In Hyderabad, the rental agreement cost in Hyderabad usually varies. Here are the details:

1. Stamp Duty:

   • For rent agreements with a tenancy period of less than 11 months, the stamp duty is 1% of the annual rent.

   • For rent agreements with a tenancy period of more than 11 months, the stamp duty remains the same: 1% of the total rent.

2. Registration Charges:

   • For agreements with a tenancy period of less than 11 months, the registration charges are 5% of the stamp duty.

   • For agreements with a tenancy period of more than 11 months, the registration charges increase to 7% of the stamp duty.

Remember to consult local authorities or legal advisors for precise and up-to-date information regarding rental agreement charges in Hyderabad. It’s essential to ensure compliance with the legal requirements during the renewal process.

I hope you get an idea of the rental agreement registration charges in Hyderabad.

Read more:

My brother relocated to Hyderabad recently for work reasons. He is currently residing in a rental home. Due to the employment chances, I was considering moving to Hyderabad as well. The rental agreement cost in Hyderabad was the first query that bugged me.

Several MNCs have popped up in Hyderabad city in recent years, notably with the boom in the IT industry, opening up new career options and causing a huge influx of individuals moving there in quest of work and better opportunities. And as a result, there is a large demand for rental houses and, consequently, for rental agreements.

In Telangana and Andhra Pradesh, Govt. recommended Stamp Duty is as follows:

• For 0 to 10 years – 0.4% of the total rent payable in the lease

• For 10 to 20 years – 0.6% of the total rent payable in the lease

• For 20 to 30 years – 0.8% of the rent payable in the lease

• For 30+ years – 5% of the total rent payable in the lease

You can reach out to NoBroker rental agreement service as they made the process totally online. My brother opted for their rent agreement services, and it was not required for him to visit the government office. After the payment was done the rent agreement was delivered to him within 4 days to his postal address, which was printed on paper bearing a legal stamp. Apart from their convenience fee, the charges typically include stamp duty, registration charges, etc.

Also, if the landlord and tenant are in a different location then they can use the Aadhar eSign-based digital signature service.

I hope this answers your query about the rental agreement cost in Hyderabad. I hope this helps:)

Read More: