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STAMP DUTY & REGISTRATION |
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REVISED STAMP DUTY RATES AS ON APRIL 2012 ARE AS UNDER : |
For residential as well as commercial units, the stamp duty payable is applicable at 5% of market value of such unit or consideration paid under the agreement, whichever is higher. |
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The market value of the unit is determined on the basis of stamp duty ready reckoner issued by government every year on January 1st. Further registration fees is payable at 2% of market value/consideration (whichever is higher) and is capped up to Rs. 30,000/-. |
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