Frequently Asked Questions
Frequently Asked Questions
2% of total rent for up to 5yr lease. Stamp duty is calculated on the average annual rent for the lease period, multiplied by the applicable percentage rate for that tenure slab. Registration charges are payable separately at the Sub-Registrar's office.
No — commercial property leases typically attract higher stamp duty than residential leases in most states. The duty is calculated on the annual rent and escalation. Some states also levy a surcharge on commercial properties. Consult a local property lawyer for exact rates for your specific property type.
Required documents: (1) Lease Deed (on stamp paper of appropriate value), (2) Property ownership documents / title deed of landlord, (3) PAN cards of both parties, (4) Aadhaar of both parties for biometric verification, (5) Encumbrance Certificate (EC), (6) Property tax receipts, (7) GST registration of landlord (if registered), (8) 2 passport photos of each party.