Stamp Duty Calculator

Stamp duty calculator - Estimate the stamp duty and registration fees

When purchasing a property in India, the cost goes beyond the sale price alone. Buyers must also pay stamp duty and registration fees, which usually add around 2–7 percent to the total property cost. These expenses can reach several lakhs, so it’s vital to understand them before finalising your purchase. Stamp duty is a legal tax based on the property’s value, while registration fees make the transaction officially valid. Both must be paid when the property is registered. Using our Stamp Duty and Registration Fee Calculator, you can easily find out how much you’ll need to pay in your state, helping you plan your finances with confidence and clarity.

What is stamp duty?

Stamp Duty is a fee levied by the state government when buying a new property. This fee is used to validate the registration of the property in your name, and legalise your property ownership document. Without paying Stamp Duty on the property registration document, you will not be considered a legal owner of the property in question.

What is a stamp duty calculator?

Stamp Duty Calculator is an online tool that is designed to help you accurately assess the amount of stamp duty you will have to pay towards your property, so that you know exactly how much home loan you need. When taking a home loan, there are a host of expenses involved beyond the cost of the house itself. Stamp duty and registration charges are among the extra charges that need to be paid when you register ownership of your new house.

How to use the stamp duty calculator

Using a stamp duty calculator is simple and convenient. Just follow these steps:

• Select your state or union territory: Choose the location of your property from the list. Rates differ across states, so this step ensures accuracy.
• Enter your property’s value: Type in the total property price or use the slider to set the correct amount.
• Check the estimated amount: The calculator will instantly show the estimated stamp duty and registration fees, based on the latest applicable rates.
• (Optional) Download or save the results: You can download your estimate to keep for your records or future comparison.

The calculator automatically applies the most recent rates for your selected state, giving you a clear, reliable estimate of total charges. This helps you budget effectively and understand your complete property cost in advance.

Formula for calculating stamp duty

The general formula to calculate stamp duty is:

Stamp Duty = (Property Value × Stamp Duty Rate) + Surcharge + Cess

• Property value: The higher amount between the actual sale price and the government-assessed rate, commonly called the circle rate or ready reckoner rate.
• Stamp duty rate: This rate varies depending on the state, property type, and ownership details (e.g., women buyers may get concessions).
• Surcharge and cess: Certain states may apply additional charges such as surcharges or cesses on top of the basic stamp duty.

This formula helps estimate the total duty payable during property registration.

How to calculate stamp duty and registration charges

The cost of stamp duty is generally 2-7% of the property’s market value. Registration charges tend to be 1% of the property’s market value. As such, these charges can run into lakhs of rupees. To avoid any shortfall in funds when buying your home and registering the property in your name, ensure that you also requisition for the stamp duty and registration charges when you apply for the home loan amount.

There are several factors that determine the exact amount of stamp duty you will need to pay. These are:

• The market value of the property
• Type of property, along with the number of floors
• The intended usage for the property, whether residential or commercial
• Location of the property
• Age and gender of the property owner

Understanding these factors helps you estimate the total cost of property ownership accurately. Once you know the stamp duty amount, you can better plan your overall budget, including the home loan amount you may need. Bajaj Finserv offers home loans of up to Rs. 15 Crore* with hassle-free approval in 48 hours*, making your home buying journey smoother. Check your loan offers now. You may already be eligible, find out by entering your mobile number and OTP.

Calculate your stamp duty and registration charges

Stamp duty is determined based on the property's ready reckoner rate, market value, or circle rate. Here is how you can calculate stamp duty:

For example:

When budgeting for your new home, remember to account for both stamp duty and registration charges alongside your property cost. Having the right financial support makes this process easier. A home loan from Bajaj Finserv provides flexible financing options with low EMIs starting at just Rs. 684/lakh*, plus the benefit of no foreclosure fees for floating rate individual borrowers. Check your eligibility for a home loan from Bajaj Finserv today. You may already be eligible, find out by entering your mobile number and OTP.

Stamp duty charges in various cities

* Registration Charges as applicable must be paid in addition to the Stamp Duty

Stamp Duty is a fee levied by the state government when buying a new property. This fee is used to validate the registration of the property in your name, and legalise your property ownership document. Without paying Stamp Duty on the property registration document, you will not be considered a legal owner of the property in question.

Factors that influence stamp duty and registration charges

The calculation of stamp duty and registration charges varies based on several factors, such as:

1. Age of the property owner

• Many states in India provide concessions on stamp duty for senior citizens.
• If the buyer is classified as a senior citizen (60+), they are eligible for a reduced stamp duty rate.

2. Gender of the buyer

• Several states in India provide lower stamp duty rates for women buyers.
• This is done to encourage female property ownership.
• The rebate is usually in the range of 1% to 2% compared to the standard rate applicable to male buyers.

3. Purpose of property purchase

• The intended use of the property also affects the applicable stamp duty rates.
• Commercial properties generally attract higher stamp duty charges than residential properties.
• Similarly, industrial or mixed-use properties have different stamp duty rates.

4. Location of the property

• Stamp duty rates vary based on whether the property is located in an
  • Urban
  • Suburban
  • Rural area
• Properties in urban areas (particularly those within municipal boundaries or prime localities) have higher stamp duty charges.
• In contrast, rural properties or those located outside municipal limits have lower stamp duty rates.

5. Available amenities and facilities

• Some properties come with additional amenities, such as:
  • Swimming pools
  • Gyms
  • Clubs
  • Libraries
  • Community halls
• These properties usually incur higher stamp duty charges.
• The government considers these amenities as value additions to the property.
• This leads to an increase in the overall stamp duty liability.

6. Market value of the property

• Stamp duty is calculated as a percentage of the property’s market value or circle rate.
• In India, circle rates are set by the state government.
• They represent the minimum price at which a property can be registered.
• Higher property values or circle rates result in higher stamp duty payments.

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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.