Stamp duty is a fee levied by the state government when buying a new property. This fee is used to validate the registration of the property in your name, and legalise your property ownership document. Without paying Stamp Duty on the property registration document, you will not be considered a legal owner of the property in question.

How are Stamp Duty and Registration Charges Calculated? Stamp Duty and Registration Charges are two different charges payable on purchasing a property. Both are calculated at different rates. However, both play the crucial role of legally ensuring the transaction of a property. Both these charges are set by state governments. While stamp duty generally ranges between 5-7% of the property value, while registration charge is much lower, generally ranging between 1-2%. These charges are calculated on the basis of the following factors: Market Value or Agreement Value, whichever is higher Type of Property (single-storey, multi-storey, duplex) Usage of the Property (residential, commercial, agricultural) Location Other bases include gender, applicable charges, etc.

How to use the stamp duty calculator Using a stamp duty calculator is simple and convenient. Just follow these steps:

Select your state or union territory: Choose the location of your property from the list. Rates differ across states, so this step ensures accuracy. Enter your property’s value: Type in the total property value. Check the estimated amount: The calculator will instantly show the estimated stamp duty and registration fees, based on the latest applicable rates. The calculator automatically applies the most recent rates for your selected state, giving you a clear, reliable estimate of total charges. This helps you budget effectively and understand your complete property cost in advance.