Property registration fees in India refer to the charges levied by the government to officially record the ownership of a property in the buyer's name. These fees are a part of the legal process of property transactions and vary depending on the property’s location, value, and type.
What is the Registration Fee for Property?
Stamp Duty: A mandatory tax on the sale or transfer of property. Rates typically range from 6% to 7% of the property's market value and vary by state. Lower rates are often applicable for women buyers in some states (e.g., Delhi, Haryana).
Registration Fee: Charged for registering the property documents with the sub-registrar's office. Generally, 1% of the property’s market value or sale price, subject to state-specific limits.
Stamp duty and registration fees differ across states. For example:
Maharashtra: Stamp duty is 5% in urban areas, and the registration fee is Rs. 30,000 or 1%, whichever is lower.
Delhi: Stamp duty is 6% for men and 4% for women; the registration fee is 1%.
Karnataka: Stamp duty is 5%, and the registration fee is 1%.
This is all about
property registration fees.
Get Your Property Registered Via Legal Advocates at NoBrokerRead more
What Are The Commercial Property Registration Charges?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Typically, stamp duty costs between 5% and 7% of the market value of the property. Usually, registration fees equal 1% of the market value of the property. As a result, these fees could total in the lacs of rupees.
So, property registration can cost approximately 1% of the market value of your property.
Navigate legal matters with confidence using NoBroker's support.Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
What are the property registration fees?
Sai manisha
145 Views
2 Answers
1 Year
2023-07-16T22:50:24+00:00 2023-07-17T09:05:38+00:00Comment
Share