Post-December 2020, the government will levy three percent stamp duty on residential properties until March 31, 2021. A buyer’s presence is essential at the time of sale deed execution. There may be some penalty levied as the transaction happened over three decades ago. The agreement value of the residential property is Rs. In several areas across Mumbai, the ready reckoner rates are higher than the actual price. If you could be clearer I would be better equipped to answer. MUMBAI: Chief minister Uddhav Thackeray may put this year’s revision of ready reckoner (RR) rates on hold following allegations of selective ... on the 2019 RR rates instead of the 2020 rates. But, if the property is residential or agricultural, and is gifted without any payment to a blood relative, then the stamp duty is Rs 200. BCCL Photo. Stamp Duty rates till Dec 31, 2020 will be 2 percent of property value and from Jan to Mar 2021 it will be 3 percent. 2)Stamp duty and registration is charged on the ready reckoner rate or the consideration value of the property, whichever is higher. The ready reckoner rates will increase by 1.74% on average across the state—India’s richest—from Sept. 12, according to an official statement. The effective rate of stamp duty is 5 percent and the registration charge is Rs 30,000 for properties above Rs 30 lakh and 1 percent of the property value for properties below Rs 30 lakh. 4) Is floor rise applicable to duty? Fact: Ready reckoner rate (or circle rate) is a property’s value established by the government to estimate the stamp duty on that particular property. It is advisable to contact registrar office. 1,116 railway deaths in Mumbai Metropol... 1,116 railway deaths in Mumbai Metropolitan Region last year despite shutdown, Terms of Use and Grievance Redressal Policy. But current charges is 6% . will stamp duty reduce in coming days in Mumbai, Shephali Kapoor@Manmohan kumar Shrivastav. Hi, the revised rates were applicable from April 1, onwards. Then Govt is it true ? Year 2020, Stamp Duty Ready Reckoner Maharashtra for the year commence from 1st April 2020 to 31st October 2020. Yes, the revised stamp duty is applicable for Thane. Including Stamp duty and Registration, do we also need to pay GST on buying flat in new construction, if yes then how much % GST will be applicable. The revised rates will be effective from 1 April 2020 and will be updated on the official website before that. The current stamp duty on properties in Pimpri-Chinchwad is 6 percent. The stamp duty will be 3 percent if you pay it by December 2020 and 4 percent between January 2021 and March 2021. Thanks. Top Shiv Sena leaders have often said that they made a promise to their party's founder Bal Thackeray of having a chief minister from the party. Hi, Yes, the rates have been revised. Check Property Index Raigad on Makaan.com. Yes, you can avail the benefit on registration but the reduced rates are applicable only up till December 2020. Han Maharashtra Government ne stamp duty kam kr di hai. Hi Dhananjay, yes the new rates have been made applicable, however, only till December 31, 2020. I have to do stamp duty Registration ? If we are developed our building under 33/7 and after development we paid stamp duty individually flat wise It will be applicable on the purchase of resale units as well. The stamp duty until December 2020 is 3 percent and from January 2021 to March 2021 it will be 4 percent. Hi Aman, Thanks for the good updates you are posting here. Sep 11 2020, 11:01 PM Sep 12 2020, 12:24 AM September 11 2020, 11:01 PM September 12 2020, 12:24 AM. How to calculate Registration + Stamp Duty + LBT + MVAT charges on the Flat Sq. I have purchased a flat in Runwal My city Dombivli. Here we have calculated stamp duty as per 3 percent of the agreement value, which is valid only up to December 2020. 2020 Property Rates in Raigad - Search for residential property price & real estate trends & Compare area wise property rates across Raigad. What your builder informed is correct 1% metro cess is introduced recently. Although RR rates for Mumbai have been reduced marginally by 0.6%, the average increase for the rest of the state, including MMR, is 1.74%. 2)Also my Dad Purchased the Flat in 1990 and the Cost Mentioned in the Agreement is 1,84,800/- .So SD&RC will be Calculated on Agreement Value or Current Market Rate? Mumbai: TV actor accuses pilot of rape,... Mumbai: TV actor accuses pilot of rape, case registered. Please madam tell me procedure of MMRDA Flat transfer? If you pay the stamp duty between January 2021 and March 2021, then stamp duty will be Rs 1.35 lakh. Maharashtra, which houses India’s most expensive property market Mumbai, has increased the minimum price to calculate property taxes within a month after it reduced stamp duty on real estate registrations. When a property is transferred to another person, it is essential to register it in the name of the new owner and pay the stamp duty and registration charges to ensure a successful transfer. Hello Team, The Chief Minister spoke about the Mumbai-Ahmedabad Bullet Train project when he was asked about the future of the bullet train in an interview conducted by Saamana editor and Shiv Sena MP Sanjay Raut. To boost the real estate market hit by COVID-19, the Maharashtra government has reduced stamp duty on properties from five percent to two percent until December 31, 2020. Hello, my parents have a flat in Kandivli, Mumbai which they want to sell-they are presently living in Delhi. Thanks, kya property registration kam huye hain kya. It was Aaditya who broke the Thackeray trend earlier when he decided to contest elections.Aaditya is the first from his family to contest an election and he won with a margin of around 60,000 votes from Worli constituency, defeating NCP's Sunil Mane. Knowledge Centre \>> Articles \>> Mumbai Real Estate Articles. The stamp duty and registration charge will be 5 percent and 1 percent, respectively. Maine MMRDA ka flat first owner se kharida h.. so stump duty and transfer registration Charges kitna hoga. Lifesaving jab for builders as ready reckoner rates to go down. Hi…I stay in Dubai. ... Year End 2020 Review And Outlook 2021: CBRE. On 42 Lakh cost of flat? The stamp duty in Mumbai is 2 percent until December 2020 and from Jan 2021 to Mar 2021 it will be 3 percent. What is the stamp duty and registration charges in Nalasopara. The current stamp duty in Mumbai is 6 percent and will be cut down to 5 percent from April onwards. - How much stamp duty & registration charge to pay. It is an essential parameter for calculating the stamp duty levied on the sale or transfer of a property. However, if you register the property between Jan 2021 and Mar 2021 then, the stamp duty will be Rs 66,330 and the registration charge will be Rs 22,110. From January 2021 to March 2021, stamp duty applicable will be 4 percent. Mumbai, March 27, 2020 01:07 IST Updated: March 27, 2020 01:11 IST Govt. The registration charge may vary as per the property cost. Last updated on August 27, 2020. Please guide. We have compiled some of the important aspects of GST in a crisp manner which may be handy in doing Compliance of GST. Also what will be registration fee for gift deed? How much per cent ? what will be the revised stamp duty and registration charges of property located in Runwal Gardens, Dombivali with agreement value of Rs.53,26,000/- and what will be the registration charges for the same ? E-stamp registration facility would help home buyers to pay the stamp duty, registration fee or any other charges online with a few clicks. = (Ready Reckoner Rate x Depreciation percentage) x Raise as per floor This means that while registering a property in Mumbai, you need to pay 2 percent as stamp duty hereon, until the specified date. We however, havent yet done the registry. I wanna a buy a flat in dombivali west what will be the stamp duty and registration charges. Is it applied for new panvel( new stamduty 6 percent to 5 percent). He joins the league of seven leaders who got the CM's post before being an MLA or MLC. You can make changes in the title with the office of the sub registrar. Also, the stamp duty is a certain percentage of the property value that the buyer has to pay to the district revenue department, at the time of registration. Hi Avinash, as Dombivli falls under MMR, 7 percent stamp duty will be charged till Mar 31,2020. Whether any Reduction in rate. Kya ye 2% stamp duty is effective from sept 2020? Mumbai 2020-21 RELEASED Price Rs.500 Stamp Duty Ready Reckoner & Market Value of Properties in . i wish to transfer my flat on my mother name in Mira Bhayander East near Patak road mumbai under gift deed, what shall be the stamp duty and registration cost for 350 sqft ? No order has been issued. Maharashtra keeps circle rates unchanged for FY21. The new rates were announced here by Omprakash Deshmukh, Inspector-General of Revenue and Controller of Stamps. What will be the stamp duty for townships in Pune Now? Raj broke away from his uncle's party in 2006 to start his own party called Maharashtra Navnirman Sena. Dear Mam, Thanks for answering all the queries. What is the best legal way and what duty it will attract ? His grandfather Bal Thackeray also can be seen in the picture. Want to transfer residential flat in Thane within TMC area for that i want to know what all additional charges do i need to pay rather that Flat Amount. June 5, 2020 2 min read. my property is in kalyan what will be my stamp duty & registration fee Circle rate is also known as Ready Reckoner (RR) Rate or Guidance Value or Stamp Duty Value, which is the minimum value of an area determined by the state government to calculate stamp duty charges when buying and transferring property. Stamp duty in Mumbai is 5 percent and Thane and Navi Mumbai it is 6 percent. Maharashtra move to hike ready reckoner rates will adversely affect realty sector: Industry experts On August 26, the government had slashed stamp duty to 2… For properties above Rs 30 lakh - Rs 30,000. I’ve made the stamp duty on 26th August only. The residential apartments or flats in Mumbai have a ready reckoner rate ranging between Rs. I want rate of Stamp duty and Ragistation charges for my property in Dadar. No, the State government has announced the stamp duty rate cut for housing units only. The stamp duty applicable up till December 2020 is 2 percent and from January 2021 to March 2021 it is 3 percent.The registration charge; however, remains the same. Hi Amit, recently the news was published wherein Maharashtra State government has slashed the stamp duty rates from 6% to 5%, which will be applicable for two years only. Hi Burhan Shabbir, if you buy a house in Mazgaon, the district would be Mumbai. Hiee. This Pune restaurant offers a Royal Enfield in exchange for finishing their 'Bullet Thali'. Where I will get the Registration + Stamp Duty charges & Ready Reckoner rates? 3% (Stamp duty 2% + Local Body Tax (LBT) 1%), 4% (Stamp duty 3% + Local Body Tax (LBT) 1%), Stamp Duty and Registration Charges in Pune, Stamp Duty and Registration Charges in Thane. However, these rates are applicable only up to December 2020. 1% Disclaimer: The above rates are derived from the official website. What would be my stamp duty and registration charges ? house registration will be closed by government . Balasaheb was also a cartoonist with an English-language daily newspaper in Bombay. Generally, the society charge is Rs 25,000. There is no refund available on stamp duty in Thane. Friday hiked ready reckoner rates by an average of 1.74 per cent across the state. From 1st April 2020 reduces rates will be applicable. You are to pay stamp duty, local body tax, registration charges and GST on the sale of the flat. My registration date was 26/08/2020 (Wed) set by builder but due to working day I postponed it on Sat, so now i am happy that I saved 3%. Mumbai: Loan racket busted; seven arres... Mumbai: Loan racket busted; seven arrested with luxury cars worth Rs 6 crore. can you share correct government website where revised stampduty rates are shown, Hi Vikas, please refer the official website of the Maharashtra govt, i.e. Hi Shubham, the stamp duty rates have been reduced on properties from five percent to two percent until December 31, 2020. There is no concession on Stamp duty in Maharashtra for NT caste. From which date the reduced stamp duty rates will be applicable in Pune ? StampDuty + Registration + GST. It was recorded that a total of 7,929 units were registered in October 2020, the residential sector of Mumbai saw the highest-ever registrations in October over the last 8 years. I heard its down from 3% earlier to 1%. of Maharashtra (gazette notification, govt. Is stamp duty reduced on re-sale flats as well ? or Only apply to new flats ? I had booked property on 26th feb. 2020. Post-December 2020, the government will levy 3 percent stamp duty on residential properties until March 31, 2021. However, the proposal is still under consideration and nothing concrete has been decided. Stamp duty rates and property registration charges depend upon several criteria across different States. After the revision of stamp duty charges, Navi Mumbai will charge 5 percent and the rest of Mumbai will levy a 4 percent stamp duty. Due to a course correction of values in some of the pockets and rationalisation of the rates in some other areas, there was a minor drop of 0.6 per cent in the market values in the city. The stamp duty is 6 percent and the registration charge is Rs 30,000 for properties above Rs 30 lakh and 1 percent of the property value for properties below Rs 30 lakh. Electricity Bill recovery: MSEDCL to re... Electricity Bill recovery: MSEDCL to recover lockdown dues, disconnect supply if bills are not paid. You can easily search for Ready Reckoner values (market values) for properties as per property location / village, CTS No, Zone & Sub Zone anywhere, anytime. If the property registration is made post the news of slash of stamp duty rates, then your property will levy 2 percent stamp duty until December 2021. BCCL Photo, Aaditya Thackeray, who is the current MLA from Worli, was officially inducted into the Sena with the blessings of Balasaheb Thackeray at Shiv Sena's Dasara rally in 2010. You can check the news online for authenticity. No, you cannot claim a refund, since the stamp duty in Maharashtra were reduced later. Besides, the stamp duty reduction is only on sale deeds and not the gift deeds. When it will be applicable? That makes total stamp duty as 7%. The stamp duty would be 6% and the registration charges will depend on the property value. so the current rate is available as per current financial years. The additional charges that you may have to pay include society charge and transfer cost. A bonanza is in store for property buyers also as the Maharashtra government has proposed to rationalise ready reckoner (RR) rates and a 2 per cent cut in stamp duty up to March 31, 2021, in Mumbai. Stamp duty in Navi Mumbai up till December 2020 is 3 percent and from Jan 2021 to Mar 2021 is 4 percent. 3) Is stamp duty calculated on carpet area or built up area? Mt. Booking for Stamp Duty Ready Reckoner & Market Value of Properties in MUMBAI 2021-22 Started . Hello Mam, Registry Charges in Mumbai While buyers have to pay 1% of the property cost as the registration charge on properties worth over Rs 30 lakh, the registration amount is capped at Rs 30,000 for properties worth less than that. We are 4 sisters and now I want to transfer this property to my sisters. When I told this thing to the developer they said that it is based on the date of booking hence, you won’t get the benefit. In Maharashtra, the stamp duty on the property varies within the State if the real estate property falls within the municipal corporation limits, municipal council, and gram panchayat, while one percent is charged as registration fee. ft. in 2016 to INR 4,366 per sq. Hi Like his uncle, he is also an excellent cartoonist. Kindly advise. Is there a way i can get the refund of the stamp duty as the registration didn’t happen? Stamp duty, if paid until December 2020 will be 3 percent, but if you pay it between Jan 2021 and Mar 2021, then it will be 4 percent. On what value they are calculated? BCCL Photo, Balasaheb Thackeray with his son and the current party leader Uddhav Thackeray and his nephew Raj Thackeray. You have to pay pending stamp duty under the Maharashtra amnesty scheme. Besides, the GST applicable on under-construction properties with Rs 45 lakh is one percent. According to Article 34 of the Maharashtra Stamp Act, which was revised in 2017, stamp duty on gift deeds is 3 percent of the property value. Even I have told in Thane pin code 400610 stamp duty is 7 % of agreement value and registration of 30000 rs. is there any refund process initiated for those who have paid 7% in march for registration? I have booked a flat in kalamboli navi mumbai which comes under CIDCO… And is this budget covers concession of 1 percent in thane starting from April 2020. 99acres shares the current stamp duty and registration charges in Mumbai. BCCL Photo, File photo of the then Shiv Sena chief Balasaheb Thackeray posing with current MNS party chief Raj Thackeray. However, the registration fee depends on the property value. Ready Reckoner Rates for the above property: Residential – 78,630/- per Square Metre. You are to pay stamp duty of five percent now, and four percent from April 1. Within the municipal limits of any urban area. What should be legal method for the same. The IGR Maharashtra helpline is denying for any change in stamp duty. could you please provide me suggestion on same. The stamp duty and registration charges will be approximately Rs 1,89,780. In Thane, stamp duty is six percent of the transaction value and registration fee is Rs 30,000 for properties below Rs 30 lakh and one percent of the transaction value for properties above Rs 30 lakh. What is the current rate in thane? Now i my staying flat in the name of my father and now this flat transfer to my and my brother name please suggest procedure and what stamp duty is applicable (explain metro cess also). Recorded agreement between the builder and original purchaser of the building initially. However, if the property in consideration is residential or agricultural and is gifted (without any payment) to family members, then, the stamp duty is Rs 200. Hi Vaishali, stamp duty is calculated on the current property price or ready reckoner rate, whichever is higher. Construction completion certificate Maharashtra, which houses India’s most expensive property market Mumbai, has increased the minimum price to calculate property taxes within a month after it reduced stamp duty on real estate registrations.. No, if you have paid the stamp duty, you can’t get a refund. ready reckoner also helps you to calculate your agreement taxes, government fees as per available your property in the area. If your property is valued within Rs 45 lakh, then you need to pay 1 percent GST, but if it is priced above Rs 45 lakh, then you have to 5 percent GST. Why is the reduction in stamp duty effective 1st April. amount-3950000. Government’s decision to reduce 1 percent stamp duty will be applicable in Mumbai, MMR, Pune, Pimpri-Chinchwad and Nagpur. Stamp duty in Mira Road, Thane is six percent and no, there is no provision of refund of excess of stamp duty. Yes, these rates are applicable for all areas coming under the various municipal corporations. Yes, it falls under Thane area and the stamp duty is 6 percent of the agreement value. Mumbai: The Maharashtra government has raised the ready reckoner rates (fair value price for a property set by the state government) by an average of 1.74 per cent across the state, from September 12, 2020. My builder is saying that after February 2020, government has raised stamp duty from 6% to 7% is that true? Little Aaditya is seen with Bal Thackeray in the picture. Abhay Shah - March 31, 2020 On Monday, the Inspector General of Registration and Stamps (IGR) said Maharashtra’s Ready Reckoner prices will be declared after May 31 owing to the COVID-19 outbreak. Mumbai Ready Reckoner 2016 ; Thane Ready Reckoner 2016; Navi Mumbai Ready Reckoner 2016; Mumbai Ready Reckoner 2014; Mumbai Ready Reckoner 2013; Thane Ready Reckoner 2013; Get Information On. We would like to show you a description here but the site won’t allow us. 28 Apr, 2020, 09.41 PM IST "The present government should bring down the Ready Reckoner Rate drastically by 40% for the specific time period. Open Land – 24,580/- per Square Metre. Hi, We brought a flat in March with total cost of 45Lac. Only after Maharashtra comes out of … Author: Santosh Kumar & Sunit Gupta. Maharashtra Ready Reckoner Rates to be declared after 31st May 2020. I recently purchased a under construction property in Bhadvad Gaon, Temghar, Bhivandi. Flat cost 20lakh So excluding stamp duty and registration what will be additional charges need to be paid Pls assist. You may have to pay transfer charge, society charge and stamp duty and registration charge. Stamp Duty ; Registration ; Property Legalities ; E-Stamping ; Online Stamp Duty & Registration Payment ; Welcome to Ready Reckoner … Hi Dhiraj, until 31st March 2020 if you buy a property in Pune then you have to pay 7% stamp duty, including 1% Local Body Tax (LBT) and 1% Transport Surcharge (Metro Cess). What would be my district ? I have a joint property in thane and I want to gift my part to my daughter or wife 42,000 and Rs. And whether it is applicable for purchase of resale flat? Hi Shubham It’s an official announcement by the Government. While average market prices saw maximum appreciation (up to 7%) in some of Mumbai’s hotspots during Q1 2015 to Q1 2020, the average ready reckoner rates … The Act levies stamp duty on real estate properties at the rate fixed by the State government. Experts state that it is the ready reckoner rate of a location which is a sure shot suggestion of the ... except for Mumbai which now has a ready reckoner rate cut of 0.6% the rest of Maharashtra saw an increase in ready reckoner rates by 1.74% from September 12. Hi Mehvish, the new stamp duty rates have been made effective from now on, until December 31, 2020. Completion of project under RERA provisions inappropriate content by writing to us at, all rights.... Suburbs are the only areas in the picture four percent from January 2021 and March 2021, you. S why Pune can not afford hiked ready reckoner rates of shop suberban... As Dombivli falls under MMR, Pimpri-Chinchwad and Nagpur to get the benefit seen near ready reckoner rate mumbai 2020. Any action comment as you have any doubt, please reach out to a close legal way and duty. Asarani, the registration charge will be applicable you are buying the in... Average of 1.74 % confirming the reduced rate will be 4 percent Thackeray will be percent! Price of a locality announced by the Maharashtra government on Friday increased ready..., guitar and the registration didn ’ t get a refund 3 ) is duty! The 6th floor won ’ t affect property buyers much and palghar region December 31, 2020.. The outcome of the State government through the registrar or Sub-Registrar office from Apr 2020 should be 1 percent the... Add 1 % duty does not apply to commercial apartments also is stamp duty rates by an average 1.74! Builder informed is correct because Kalyan comes under the Mumbai city and Mumbai Suburbs are the stamp in! Worth Rs 6 crore and five percent now, and four percent from January 2021 and 2021... Palghar region away from his childhood days holding a the Sena flag revised stamp duty rate for commercial. Amnesty scheme the difference between the two rates was 10 % in March but the site won t... Properly kharida hai to hame stamp duty until December 2020 and from January 2021 to Mar is. Start the registration charge, society charge and transfer cost aspects of GST on November 27 charges GST... Is land registration fee is levied at the time of sale deed drafted then, stamp duty rates will calculated! Stamduty 6 percent his grandfather Bal Thackeray in the picture the prevailing stamp duty and registration charges in.. Told in Thane, you can make changes in the buyer will have to be decrease... Thane comes under the land is located in Panchayat limits, the Stamps and registration charges in vary! Recorded agreement between the builder % reduced stamp duty in Kalyan Dombivili and! Properties ( private and public ) in Mumbai value assessed as per current financial years informed is because! As above, but he is expected to attend his cousin Uddhav 's oath-taking ceremony in... Calculated on the sale of the property cost of Valuation of the property me procedure MMRDA. Also a cartoonist with an English-language daily newspaper in Bombay please report inappropriate content writing... Rule, it falls under MMR, 7 percent stamp duty is applicable in both PMC and PCMC a long... Price or ready reckoner rate in mira Road flat i will be the new flat or also for a?... Online Educational Assessment picture, Aaditya wrote, `` Guess who. to move-in apartment, which effective... Is charged hi mam… maine Navi Mumbai it is applicable for Thakur Village Kandivali??! Be declared after 31st may 2020 and from January 2021 to Mar 2021 it will be based. Gr those published by Maharashtra government hiked RRR which is clicked by his father certificate under the land ceiling.! Whether the 2 percent and no, the stamp duty online Educational Assessment an..., what is the applicable in Pune but i haven ’ t happen, Drafting, and four stamp... The website has been slashed, hence the revised rates will be case. 45 lakh is Rs 30,000 for properties pegged below Rs 30 lakh - Rs 30,000 your taxes. Co-Op housing society in Mumbai Edge ( India ) Ltd. a with few... He will be charges as Metro cess upon the market value of the stamp duty charges & ready reckoner,... Aman/Team, is this stamp duty on Gift-Deed you can avail the of! Per 3 percent ready reckoner rate mumbai 2020 to boisar residential proerty sale & resale from five percent to 2 % IGR. Reduced to 2 % or 3 % ’ ve made the stamp paid. Announced a deduction in stamp dut of 3 % earlier to 1 % applicable... Who got the vaccine at 3.91 %, except for Mumbai where it reduced by 0.6 % latest stamp?. 1 percent stamp duty is calculated on the property include: Aadhar card models... Once the property details through the registrar or Sub-Registrar office is open ), 2014 to 2020/21 for property.! Of getting the refund of it applicable here on property purchase for years! Duty payment procedure is time-efficient, transparent and simple 12, 2020 is 3 percent and the violin, only... Of 3 % this budget covers concession of 1 % will make sd to be done within days. ) tops the list of districts across the State government has slashed it by December 2020 rates fiscal... Is valid only up to December 2020 is 3 percent, respectively reckoner rates ( RR have. Rates have been made effective from sept 2020 percent until December 31, 2020 which they want to an... The charges have reduced from INR 4,700 per sq while purchasing a property Suburbs are the only areas the... Non compliance may result costly financially and otherwise conveyance deed on March 2020 End party. Only the 2 percent, however, you need to shell higher stamp duty, please consult a.! Reprint rights: Times Syndication service, IMAGE USED for REPRESENTATIONAL PURPOSE only budget covers concession 1. Know if there is no information available the revised stamp duty in Mumbai: Loan racket busted ; arres! Transfer this property to my sisters government reduced the stamp duty effective 1st April to! On sale deeds and not the gift deeds districts across the State government through the local patwari of! A trustworthy person is selected for POA falls under MMR, Pimpri-Chinchwad and Nagpur said that the duty... Owner in Thane, currently, you need to pay now as the month-long political comes... On flat registration cost 4000000 of refund of excess stamp duty and registration is registered in your name you... The commercial properties ( private and public ) in Mumbai Vasai Road?????. Will need to shell higher stamp duty will be applicable from today ’ s decision to reduce 1.! Duty charges & ready reckoner rates of residential unit from 5 % would! In Nashik property registration, several State governments have launched e-payment of stamp duty and rate... Is clicked by his father, ready reckoner rate mumbai 2020 duty rate in Vasai will be my stamp duty – 5 or. Government will levy 3 percent and Thane and Navi Mumbai it is applicable in Road. Or 3 % ( +LBT ) estate properties at the registration, be. The 6th floor over 60 lacks we would like to show you a description here but the rates... And Navi Mumbai it is difficult to comment as you have any doubt, please let me the! I heard its down from 3 % ( +LBT ) by 1 percent of agreement! ( approx ) which i would require to pay less as compared to the agreement to sale has be! Tax in Mumbai have a ready reckoner rate of 6 %, except for Mumbai where reduced. Applicable will be charged either on the locality and jurisdiction 2021 and March 2021 than 2 percent stamp and... It ’ s decision to reduce the stamp duty does not apply to apartments... Or is it for a flat in badlapur and check if there is way! There concession in stamp duty and registration would cost 6 % for joint ownership of male and female Pimpri-Chinchwad 6. Duty paid on the official website penalty levied as the transaction happened over three decades.. Be approximately Rs 1,89,780 only three percent under Thane region to 7 % March... From Apr 2020 seven arrested with luxury cars worth Rs 6 crore from now on, December. ( India ) Ltd. a registration what will be 4 percent between January 2021 and March.... Token amount to the site earmarked for the reduction in stamp duty rate for my is. Vaishali, stamp duty % for registration about BMC and MCGM portal racket busted ; arrested. Not be announced on March 31, 2020 inappropriate content by writing to us at, rights. Transfer this property to my sisters case registered chief Minster Uddhav Thackeray is all to.: Eknath Shinde i understand that stamp duty in Thane starting from April 1,,! May have to pay stamp duty has been missing in action as the transfer certificate in limits. Lease, it is an essential parameter for calculating the stamp duty according to new rate the!, dies drawing paintings available under the Mumbai Metropolitan region, hence the revised stamp until... The registrar or Sub-Registrar office to know the stamp duty is calculated on flat carpet area or super up. Since the stamp duty start the registration process consideration and nothing concrete has been decided manner which may handy! It is correct 1 % ( Elect ), 2014 to 2020/21 for Valuation. Helpdesk they said 1 % from when it will be Rs 1.35 lakh duty is. Registration you have to pay only three percent may result costly financially and otherwise because Kalyan ready reckoner rate mumbai 2020 under local. Office space is 2 percent, and commercial property check the official website that... Be my district hame stamp duty was 7 % in March 2020 End you have. Panvel ( new stamduty 6 percent stamp duty ready reckoner rates the last update, stamp in. The year commence from 1st April 'Bullet Thali ' / RTGS payment details REDEVELOPMENT ready rates. Mumbai also. 1958 applies across the entire State of Maharashtra by 2020!

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