A Stamp Duty Calculator with Total payable amount in Real Estate Section available for property buyers planning to purchase real estate in Mumbai

..Stamp Duty Calculator..

Stamp duty is a pre-requisite condition, which has to be paid before taking possession of the flat. It is essential to pay the requisite stamp duty every time one purchases a new flat or even when it is transferred within the family.

STATE

RATE OF STAMP DUTY

REMARKS

Maharashtra
within Municipal limits of Greater Mumbai,Navi Mumbai, Pune & Thane.

for transfer other than in (b)

if relating premises registered under Maharashtra Co-operative Societies Act, 1960, or the Maharashtra Ownership Flat Act, 1963, or the Maharashtra Apartment Ownership Act, 1970.

a. Up to Rs.5.00 Lakhs - Rs.8,750/-

b. Above Rs.5.00 Lakhs : 8,750 + 6% of the value above Rs. 5,00,000
Stamp Duty for Shops/ Galas/ Office Premises & Garage

The rate of Stamp Duty for Shops/Galas/Office Premises and Garage even if used for car parking is 6% in Mumbai.

On the market value or the agreement value whichever is higher.