Quick Answer: Stamp duty on property purchase varies by state: Maharashtra — 5% (men), 4.9% (women) on agreements above ₹30L; Delhi — 6% (men), 4% (women); Karnataka — 5.6% for properties ₹45–75L, 6.56% above ₹75L; Tamil Nadu — 7%. Registration charges are additional (1% of sale value in most states). Stamp duty is non-refundable and must be paid before property registration.
Stamp Duty Rates — State-by-State Guide
Stamp duty is a state-level tax on property transactions. Rates vary widely across India — from 3% in some states to 8% in others. Registration charges (usually 1%) are separate. Women buyers get concessions in most states, making it beneficial to register property in a woman's name where possible.
Stamp Duty Rates — Major States
| State | General Rate | Women Buyer | Registration |
|---|---|---|---|
| Maharashtra (Mumbai) | 6% | 5% | 1% (max ₹30K) |
| Delhi | 6% (M) / 4% (F) | 4% | 1% |
| Karnataka | 5–6.6% | 5–6.6% | 1% |
| UP | 7% | 6% | 1% |
| Tamil Nadu | 7% | 7% | 4% |
| Rajasthan | 6% (M) / 5% (F) | 5% | 1% |
Frequently Asked Questions
Circle rate (Collector guideline value in Karnataka, Ready Reckoner rate in Maharashtra) is the government's minimum notified value for property in an area. Stamp duty is calculated on the higher of the actual sale price or the circle rate. If you buy below circle rate, stamp duty is still on the circle rate.
Yes, under Section 80C (old tax regime only), stamp duty and registration charges paid on a new house are deductible within the ₹1.5L overall limit. The deduction is available only in the year of payment. New tax regime does not allow this deduction.