How to Find the Stamp Duty Value of Property in India 2026

• Stamp duty value (SDV) is based on the circle rate — the government's minimum registered value for a property in a specific locality
• Circle rates are called different names across states: ready reckoner rate (Maharashtra), guideline value (Tamil Nadu, Karnataka, Telangana), DLC rate (Rajasthan), collector rate (UP, MP)
• Stamp duty is calculated on the higher of: (circle rate × area) OR actual sale price
• To check: visit your state's Sub-Registrar / IGRS portal and search by district, locality, and property type
• Tax implication: if the actual price is below the SDV, the buyer is taxed under Section 56(2)(x) and the seller under Section 50C of the Income Tax Act
• SDV is key for home loan eligibility — lenders use the lower of SDV or actual price to determine LTV

Stamp duty value (SDV) is the government-notified minimum value assigned to a property for registration purposes. The state's registration or revenue department sets these minimum values — called circle rates — for every locality, property type, and construction category within a district.

When a property is registered, stamp duty is calculated on the higher of two figures:

• The circle rate value: Circle rate per sq ft × property area
• The actual declared sale price

If you buy a flat for ₹50 lakh in an area where the circle rate values the property at ₹60 lakh (circle rate × area), stamp duty is calculated on ₹60 lakh — not the ₹50 lakh you paid.

The SDV concept exists to prevent under-reporting of property values to evade stamp duty — a historically common practice in India.

General process (applicable to most states):

1. Visit your state's Sub-Registrar or IGRS (Inspector General of Registration and Stamps) portal (see table above)
2. Look for options like "Market Value Search", "Circle Rate", "Ready Reckoner", or "Guideline Value" in the portal's service menu
3. Select your District, then Sub-Registrar Office (SRO) jurisdiction
4. Select the Locality or Colony name, Zone, and property type (residential plot / residential flat / commercial / agricultural)
5. Enter the property area
6. The portal displays the applicable circle rate and calculates the SDV

State-specific notes:

Delhi: Properties are categorised into 8 bands (A through H) — from premium South Delhi localities (Category A) to peripheral areas (Category H). Check doris.delhigovt.nic.in for locality-to-category mapping.

Maharashtra: The ready reckoner rate is published annually by the Maharashtra government, typically in April. The IGR portal provides locality-level rates for all municipal areas.

Telangana: Visit registration.telangana.gov.in → Market Value Search → select District, Mandal, and Village. The system shows door-wise rates for built-up properties in major cities.

Rajasthan: Visit epanjiyan.rajasthan.gov.in → e-Value (Online DLC) → select district, urban/rural, SRO, Zone, and Colony for the current DLC rate.

UP: Visit igrsup.gov.in → select district and Sub-Registrar office to view official rates.

Formula: Stamp duty = Stamp duty rate × Max (Circle rate value, Sale price)

Example:

• Property: 1,000 sq ft flat in Hyderabad, Panjagutta area
• Circle rate (Hyderabad market value): ₹60,000 per sq yard
• Flat area: 1,000 sq ft = approximately 111 sq yards
• Circle rate value: ₹60,000 × 111 = ₹66.6 lakh
• Actual sale price: ₹75 lakh
• Stamp duty basis: ₹75 lakh (actual price — higher than circle rate value)
• Stamp duty at 4% (Telangana): ₹3 lakh

Another example where circle rate is higher:

• Property: Plot in a developing area
• Circle rate value (as calculated): ₹80 lakh
• Actual sale price agreed: ₹70 lakh
• Stamp duty basis: ₹80 lakh (circle rate value — higher)
• This situation also creates a tax liability for both buyer and seller

This is one of the most important but overlooked aspects of property transactions in India.

For the buyer — Section 56(2)(x): If you buy property at a price more than ₹50,000 below the stamp duty value, the difference is treated as "income from other sources" in your hands — and is taxable in the year of purchase. No relief is available if the gap exceeds 10% of the stamp duty value.

For the seller — Section 50C: If you sell property below the stamp duty value, the capital gains tax is calculated on the stamp duty value — not the lower actual sale price. So even if you received ₹70 lakh, your capital gains tax is calculated as if you received ₹80 lakh.

Practical implication: Both buyer and seller should know the SDV before finalising the sale price. Negotiating a price significantly below the circle rate triggers additional tax liability for both parties.

Lenders use the stamp duty value in property valuation for loan sizing:

• The loan amount is based on the lower of the SDV or the actual sale price, multiplied by the LTV ratio
• If a property's SDV is ₹60 lakh but the agreed sale price is ₹80 lakh, the lender typically lends 75–80% of ₹60 lakh (the lower value) — not 75–80% of ₹80 lakh
• This means buyers must fund a larger down payment if the actual price exceeds the SDV significantly

For home loan applicants: always check the SDV before finalising the purchase price to accurately estimate how much the bank will lend and how much you need to bring as a down payment.

Stamp duty rates vary significantly across states — and often differ between male, female, and joint ownership:

These are approximate rates — always verify current rates on your state's IGRS portal before transacting.