SKYLINE REALTY
JAN 20, 2025
9 MIN READ
Stamp duty is a state government tax on property transactions. It is calculated as a percentage of the higher of the circle rate or actual sale consideration. You pay it by purchasing non-judicial stamp paper or through online e-stamping portals before executing the sale deed.
In Delhi, stamp duty is 4% for women buyers, 6% for men, and 5% for joint ownership with a woman as a co-buyer. The registration charge is 1% of the property value, subject to a ceiling of ₹30,000. Circle rates vary by zone — Zone A (Vasant Vihar, Golf Links) carries the highest rates, Zone H the lowest.
In Haryana, stamp duty is 5% for men and 3% for women. Registration charges are a flat ₹15,000 for properties above ₹50 lakhs. Gurugram properties generally attract circle rates lower than actual transaction values — stamp duty is still calculated on actual consideration in such cases.
Take your sale price. Apply the applicable stamp duty percentage. Add the registration fee. Add GST if applicable (under-construction properties attract 5% GST on the base cost, ready-to-move properties do not). Sum all four — that is your total acquisition cost. On a 1.5 Cr property in Gurugram bought by a male buyer, expect to add approximately 8–8.5 lakhs in transaction costs.
Registering the property in a woman's name, or as joint ownership with a woman as the primary holder, attracts lower stamp duty in both Delhi and Haryana. This is entirely legal and commonly used. Consult your property lawyer on structuring this correctly before the sale agreement is executed.