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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.
Assist yourself with legal advice and property document verification from NoBroker legal assistance serviceStamp 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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Pradip Deokar
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2022-06-12T12:44:34+00:00 2022-06-15T18:19:40+00:00Comment
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