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Home / Legal / Rent Agreement / What is Stamp duty?
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What is Stamp duty?

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0 2022-06-15T18:38:16+00:00
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Hi Buddy

You will be charged property stamp duty when transferring the title of your property to another individual. The state government charges you a fee for the documentation you'll need to register your property. The stamp duty and registration fees vary from one state to the next. Stamp duty must be paid while registering a property, as required by Section 3 of the Indian Stamp Act, 1899.

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Stamp duty ranges from 5% to 7% of the total market value of the property in most Indian states, while registration fees range from 1% to 2%.

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Advaith Kashyap

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