Stamp Duty Charges in Telangana

Telangana is one of the most densely populated state in India, and hence – a city where real estate is in high demand. Its state capital is Hyderabad and which is an IT Centre, as well as the heart of many manufacturing units. Here, we discuss everything you must know about stamp duty and registration charges in Telangana.

What are the stamp duty charges in Telangana?

If you are planning to buy a property in Telangana, you must include the registration and stamp duty charges into your calculation because when combined, these two charges become a considerably high figure.

In Telangana, as of today, the stamp duty charges stand at 4% of the total value of the property being purchased.

What are some of the factors that determine the stamp duty charges you will pay in Telangana?

Stamp duty charges in Telangana depend on a variety of factors. Here we discuss some of these factors.

Age of the property

Older properties attract lower stamp charges in comparison to newer properties.

Age of the owner

Senior citizens get a rebate in terms of total stamp duty charges to be paid. Thus, senior citizens pay lower stamp duty charges than young owners.

Gender of the owner

In most parts of the country, women are required to pay lower stamp duty charges than men.

Type of property

Commercial properties attract higher stamp duty than residential properties.

Location of property

Location of the property matters too. Centrally-located properties attract higher stamp duty than properties located on the outskirts.

Amenities

The number of amenities a building has also directly affect the total stamp duty to be paid. Buildings with a higher number of amenities draw higher stamp duty than a building with a lesser number of amenities.

How are property registration charges calculated in Telangana?

Registration charges in Telangana stand at 0.5% of the total value of a property. This means that if you are buying a property worth Rs. 1 Crore in Telangana, you will have to pay Rs. 50,000 as registration charges. Unlike in the other states of India, where women are exempted from paying registration charges, both men and women must pay equal registration charges in Telangana.

How is stamp duty calculated in Telangana?

Calculating stamp duty charges in Telangana is quite simple. The Telangana state government charges 4% of the property value as stamp duty. Thus, if you are buying a property worth Rs. 1 Crore in Telangana, you must pay Rs. 4 lakh as stamp duty. If you are not sure about how to calculate stamp duty charges in Telangana, you can always use a stamp duty calculator to do the calculations.

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