What are the stamp duty rates in Mumbai?
Homebuyers must consider the stamp duty rates and property registration charges before applying for a home loan in Mumbai. Stamp duty rates depend on registered property prices and ready reckoner rates. Individuals consider the highest among these two while calculating it. Look at stamp duty and ready reckoner rates in Mumbai mentioned below.
The stamp duty rate in Mumbai is 6% for men, women and joint owners. The ready reckoner rates for apartments or flats in Mumbai vary between Rs. 42,000 to Rs. 8,61,000 per square metre. Similarly, ready reckoner rates for residential land range between Rs. 16,500 to Rs. 4,75,500 per square metre. Skip the manual calculation and use our simple stamp duty calculator. Estimate the accurate stamp duty and property registration charges before finalising a property purchase in Mumbai.
