Stamp Duty Charges in Telangana
Telangana, one of the most densely populated states in India, has a booming real estate market, driven by rapid urbanisation and industrial growth. The state's capital, Hyderabad, is a major IT hub and home to several manufacturing units, making it a sought-after destination for property buyers. If you're planning to invest in real estate in Telangana, understanding the stamp duty and registration charges is crucial, as these costs can significantly impact your overall investment. Here, we break down all the key details you need to know about these 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.
Stamp duty and registration charges in Telangana
Stamp duty and registration charges are essential costs for anyone purchasing property in Telangana. These charges are imposed by the state government and vary based on the property type and location.
Stamp duty and registration charges in Telangana |
|
Purpose of fee |
Amount to be paid |
Registration charge |
0.5% of the property value |
Stamp duty charges in Telangana |
4% of the property value |
Transfer duty |
1.5% of the property value |
Stamp and transfer duty payable on |
Consideration or MV (whichever has a higher value) |
Ensuring accurate payment of stamp duty and registration charges is crucial to legally transfer ownership and avoid future complications. For more detailed insights and current rates, refer to Telangana’s official registration website or consult local property experts.
Factors that affect stamp duty and registration charges 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.
Home registration charges in Telangana (Flats and apartments)
In Telangana, the registration charges for flats and apartments are crucial for property buyers to consider. The total cost includes stamp duty, registration fee, and transfer duty, which varies depending on the property’s location and market value.
For flats and apartments, the charges are as follows:
Charges |
Rate |
Stamp duty |
4% of property value |
Registration fee |
0.5% of property value |
Transfer duty |
1.5% of property value |
How is stamp duty calculated in Telangana?
Stamp duty is a tax imposed on property transactions, and it is determined based on several key factors:
- Property value: The market value or the sale price of the property is a primary factor. Higher value properties attract higher stamp duty.
- Property location: Urban areas generally have higher stamp duty rates compared to rural areas.
- Property type: Residential, commercial, or agricultural properties have different stamp duty rates.
- Buyer’s category: Certain categories, like women buyers, may receive concessions in some states.
- State regulations: Stamp duty rates differ from state to state, based on local government policies.
Understanding these factors ensures accurate calculation of stamp duty during property transactions.
What happens if you do not pay stamp duty in Telangana
If you fail to pay stamp duty in Telangana, the property transaction is not considered legally valid. This can lead to serious consequences, including hefty fines and penalties. Additionally, you may face difficulties in legally transferring ownership, and the document in question may not be accepted as evidence in court. Non-payment of stamp duty also results in the inability to register the property, which can cause delays in the transfer process and future complications in property ownership.
How to get a refund on stamp duty in Telangana?
To get a refund on stamp duty in Telangana, you must submit an application to the relevant sub-registrar’s office. The refund process is applicable only under certain conditions, such as when the property transaction is canceled, or the stamp paper is unused or damaged. You will need to provide necessary documents, including the original stamp paper and proof of cancellation, along with the application. After verification, the government will process the refund, which usually takes a few weeks. It's important to follow the specified time limits and procedures to ensure a successful refund claim.
Disclaimer: These rates are indicative and remain subject to change depending on the laws and government guidelines, applicable at the time being. Customers are advised to seek independent legal advice before acting on the basis of the information contained in the Website and shall always be sole responsibility and decision of User. In no event shall BFL or the Bajaj Group or any of its agents or any other party involved in creating, producing, or delivering this Website shall be liable for any direct, indirect, punitive, incidental, special, consequential damages (including lost revenues or profits, loss of business or loss of data) or any damages whatsoever connected to the User’s reliance on the aforementioned information.
Frequently asked questions
The cost to register an acre of agricultural land in Telangana varies based on location. For village lands, it’s around Rs. 4 lakhs per acre, while lands near highways can cost between Rs. 40 lakhs and Rs. 50 lakhs per acre.
Yes, registration charges in Telangana are increasing. New charges for agricultural and non-agricultural lands will be effective from August 1, 2024.
The stamp duty rate in Telangana is 4% of the property's value. Other charges associated with property registration in Telangana include:
- Registration fee: 0.5% of the property's value
- Transfer duty: 1.5% of the property's value
In 2024, the registration fee for flats in Hyderabad is 0.5% of the property's value. This is in addition to the stamp duty of 4% and a transfer duty of 1.5%, making up the total cost for registering the property.
Stamps can be purchased from the treasury, licensed stamp vendors, or sub-registrar offices. Alternatively, adhesive stamps can be bought, or payment can be made to the government via a DD/pay order issued by any nationalised or scheduled bank, or through a challan.
In Telangana, registration fees are calculated as 0.5% of the total value of a property. For example, if the property is worth Rs. 1 crore, the registration fee will be Rs. 50,000.
The stamp duty for land registration in Telangana is 4% of the property's value, and the registration fee is 0.5%. This applies to urban, rural, and agricultural properties.