All about Stamp Duty and Registration Fees / Charges in Delhi
Stamp Duty and Registration Charges in Delhi
(For areas under the jurisdiction of MCD)
On property purchases in the National Capital of Delhi, home buyers have to pay Stamp Duty and Registration Charges at the time of property registration. However, with an aim to increase home ownership, Stamp Duty in Delhi is kept lower for women buyers.
The Registration Act of 1908
makes it necessary upon the buyer of a property to pay Stamp Duty at the time
of property registration. Through the registration process, the ownership of a
property is transferred in the name of the new buyer from the old, in the
government records. Unless a property is registered in the name of the buyer,
he/she will not be able to prove his/her ownership of the asset in the Court of
Law.
Percentage of Stamp Duty in Delhi
(For areas under the jurisdiction of MCD)
|
Gender |
Percentage Rate of Stamp Duty |
|
MALE |
6% |
|
FEMALE |
4% |
|
JOINT |
5% |
Percentage of Registration Fees / Charges in Delhi
(For areas under the jurisdiction of MCD)
|
Gender |
Percentage Rate of
Registration Charges |
|
MALE |
1% of the Transaction Value +
Rs. 1200/- |
|
FEMALE |
1% of the Transaction Value +
Rs. 1200/- |
|
JOINT |
1% of the Transaction Value +
Rs. 1200/- |
Irrespective of their gender, all
property buyers in Delhi have to pay 1% of the Transaction Value + Rs. 500/- as
the Registration Charges, along with the Stamp Duty, at the time of
registration of the Sale Deed. So, effectively a man buying and registering a
property in the National Capital will have to pay 7% of the property cost during
the registration, while a woman will pay 5% of the value. In case a house is
being registered jointly in the name of a man and a woman, they will have to
pay 6% of the property cost during the time of registration, and not to forget
the additional Rs. 1200/- in every case.
How to pay Stamp Duty in Delhi
(For areas under the jurisdiction of MCD)
How to pay Registration Fees in Delhi
(For areas under the jurisdiction of MCD)
Documents required for property registration in Delhi
(For areas under the jurisdiction of MCD)
·
Sale Deed, duly typed on plain paper, supported by original
E-Stamp Certificate / Paper with correct value of Stamp Duty.
·
Two Passport sized photographs of the Seller
·
Two Passport sized photographs of the Buyer
·
Self-Attested copy of Pan Card of the Seller
·
Self-Attested copy of Pan Card of the Buyer
·
Self-Attested copy of Passport or Aadhaar Card of the
Seller
·
Self-Attested copy of Passport or Aadhaar Card of the
Buyer
·
Both Seller and Buyer need to carry their original Pan
Card, and Passport or Aadhaar Card.
·
Original Title Deed or Ownership Documents in favour
of the Seller (with photocopy of the same).
·
E-Registration Fee Receipt in original
·
Copy of the latest paid Electric Bill of the property
under sale.
·
Copy of the latest paid Water Bill of the property
under sale.
·
Copy of the latest paid House Tax Receipt of the
property under sale.
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