States/UT
all over India with high and low stamp duty and registration fees for Sale Deed
A – State/UT
having lowest Stamp Duty for Sale Deed
(i) Uttarakhand –
3.75% for Property purchased only in the name of females (up to 20 lakhs in
value)
(ii)
Haryana & UP
-4% for Property Purchased in the name of females in rural area
(iii)
Delhi – 4% for
Property Purchased only in the name of females
(iv)
Rajasthan – 4.4%
for Property purchased only in the name of females
(v)
Gujarat – 4.9%
(no Gender discrimination)
(vi)
Maharashtra,
Odisha & Himachal Pradesh – 5% (no Gender discrimination)
(vii)
Andhra Pradesh -
4% (However transfer duty - 1.5% & registration fees - 0.5%)
(viii)
Jharkhand – 4%
(However registration fees - 3%)
B – State/UT
having highest Stamp duty for Sale Deed all over India
(i)
Puducherry – 10%
on Guideline Value
(ii)
Kerala - 9% -
Corporation limits Property
(iii)
Assam – 8% -
Property Purchased by men
(iv)
Bihar – 8% -
Property Purchased in Urban areas
(v)
Haryana – 8%-
Property Purchased by men in Urban areas
C- State/UT
having lowest Registration fees for Sale Deed all over India
(i)
Uttar
Pradesh – Rs.10,000/- (Max upper ceiling limit)
(ii)
Punjab - Rs.10,000/- (Max
upper ceiling limit)
(iii)
Haryana - Rs.15,000/- (Max upper ceiling limit)
(iv)
Himachal
Pradesh - Rs.25,000/-(Max upper ceiling limit)
(v)
Maharashtra -
Rs.30,000/- (Max upper ceiling limit)
(vi)
Puducherry - 0.5% on Guideline Value
(vii)
Madhya
Pradesh - 0.8% on Market Value
D- State having
highest Registration fees for Sale Deed all over India
(i)
Assam - 8.5 % on Market Value
(ii)
Jharkhand - 3% on Market Value
(iii)
Kerala, Odisha
& Bihar - 2% on Market Value
Hence overall,
Himachal Pradesh has the lowest stamp duty and Registration Fees (put together)
in India followed by Maharashtra, Gujarat and Andhra Pradesh
States/UT
which give concession in stamp duty for purchase of Properties in the name of
females:
Assam – 1%
Chattisgarh – 1%
Delhi – 2%
Haryana – 2%
Rajasthan – 1%
Uttar Pradesh – 1%
Puducherry – 5% (provided the Property purchased
should not be re-sold within 5 years from the date of Purchase)
Note: Madhya Pradesh recently discontinued grant of
concession in stamp duty for Properties purchased in the name of females
Shyam Sunder
Advocate, Chennai
09841136901
(Shyam Sunder - Author of Book titled `Property
registration, land records and Building Approval Procedures followed in Various
States in India- First of its kind Book being Published in India)
Books available in:
Flip Kart (Online)
Land Mark (in all major cities in India)
Chennai – Sitaraman & Co (044-28111516,
28117069), Higginbothams and Odessey
Shyam Sunder & Sri
Vidya Devi Publishers (044-24936193/9841136901)
Coimbatore – Odessey (Brooksfield Mall)
Bangalore – MPP House (080 – 41136866, 22260706)
Hyderabad – Asia Law House (040 – 24742324)
Mumbai – Students Book Centre (Snow White
Publishers – 022 – 22050510/22080668)
The Hindu – Habitat (Property Supplement) – 14th Dec,
2013 - Book Review
Economic Times – 4th Dec,
2013
Only a few states follow good property registration procedures:
G Shyam Sunder
G Shyam Sunder, a Chennai-based advocate, points out to the benefits of standardising procedures.
G Shyam Sunder, a Chennai-based advocate, points out to the benefits of standardising procedures.
This article can also
be accessed if you copy and paste the entire address below into your web
browser.
http://economictimes.indiatimes.com/markets/real-estate/news/only-a-few-states-follow-good-property-registration-procedures-g-shyam-sunder/articleshow/26851644.cms?intenttarget=no&mailtofriend=yes
http://economictimes.indiatimes.com/markets/real-estate/news/only-a-few-states-follow-good-property-registration-procedures-g-shyam-sunder/articleshow/26851644.cms?intenttarget=no&mailtofriend=yes
Times of India – 1st Dec, 2013
The New Indian Express – 21st Nov, 2013
Business Line – 23rd Nov, 2013
Nanayam Vikadan – 15th Dec, 2013 (leading Tamil
Financial Weekly)
Dinamalar – 19th Nov, 2013, 19th Dec, 2013
and 12th Jan, 2014 http://www.dinamalar.com//district_detail.asp?id=852526&dtnew=11/19/2013
All you want to know about bhoomi jankari land record registration processes and requirements.
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