My uncle stays in Nashik. As far as I know, stamp duty in Nashik is comparatively lower than that of other cities in Maharashtra. In Nashik, the stamp duty is charged at 4%. In order to register a newly purchased property at the sub-registrar office, buyers must pay the appropriate stamp duty and registration fees.
What is the Stamp Duty and Registration Charges Nashik?
I will tell you the stamp duty and registration charges of Nashik and a few other important cities of Maharashtra for the year 2024.
| City | Stamp Duty | Registration Charges |
Stamp Duty Nashik |
4% |
1% |
Stamp Duty In Mumbai |
7% |
1% |
Stamp Duty In Navi Mumbai |
7% |
1% |
Stamp Duty In Thane |
7% |
1% |
Stamp Duty In Pune |
7% |
1% |
Stamp Duty In Lonavala |
6% |
1% |
Stamp Duty In Nagpur |
7% |
1% |
The Stamp Duty is expressed as a percentage of the property's total value. Maharashtra's stamp duty varies based on governmental policies.
Additionally, several variables, like the property's location, jurisdiction, ready reckoner rates, kind, and acreage, affect the Stamp Duty and Registration fees.
Now that you know about
stamp duty and registration charges in Nashik 2024, let me share with you some of the
latest news on stamp duty in Maharashtra 2024, which can be of use for you.
The Maharashtra government announced a two-year concession in March 2020. The waiver expired on March 31, 2022. This may result in a 1% rise in Maharashtra's current stamp duty and registration fees.
If residential property or agricultural land is transferred among blood relations, the stamp duty on gift property in Maharashtra is presently Rs. 200. However, starting with the 2022–2023 fiscal year, the gift deed's stamp duty will be equal to 1% of the property value.
Maharashtra collected the most stamp duty in the fiscal year 2021–2022, at Rs 17,097 crore. In the fiscal year 2021–2022, Mumbai and Pune record the highest stamp duty collections in Maharashtra.
I hope my answer was helpful to you in understanding stamp duty in Nashik.
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Authors Of The Question
What is Stamp Duty in Nashik?
Vaishali
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2024-02-29T19:43:00+00:00 2024-02-29T19:43:01+00:00Comment
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