Stamp Duty and Property Registration Charges in Delhi

Are you a potential property buyer in Delhi? Understanding Stamp Duty is crucial for a seamless real estate transaction. In this blog, we demystify the complexities, offering clarity on rates, calculations, and regulations. Learn about the significant role of the NDMC in determining stamp duty charges, especially the lower rates for female owners, enhancing your knowledge for informed decisions in Delhi’s dynamic real estate.

How To Calculate Stamp Duty and Property Registration Charges:

Getting an online stamp paper in Delhi is now incredibly easy, thanks to the internet. Payments for Stamp Duty and Property Registration Charges in Delhi, quickly, and securely. You can easily access a reliable price guide for market values and rates on reputable websites. For instance, women in Delhi, dealing with a property cost of INR 10 lakhs, will incur a 1% registration charge and a 4% stamp duty, amounting to INR 10000 and INR 40000, respectively.

Guide to Navigating Stamp Duty and Property Registration Charges  in Delhi

The Delhi Rent Control Act is quite strict and more favorable towards the tenants and hence, more and more tenants go towards renting a flat in Delhi NCR rather than buying it. The state government’s decision to slash stamp duty charges in Delhi for women buyers was a welcome move and it has enhanced the real estate market in the city to an extent. Keep in mind that each year the new stamp rates come out on the 31st of January (so for next year, it is 31st January 2024).

Being aware of the stamp duty charges in Delhi and knowing the registration charges before you apply for a home loan is considered a good move. Let’s take a look at how stamp duty charges are calculated and what are the related rule and guidelines for calculating these charges.

Rate of Stamp Duty and Property Registration Charges

A Stamp Duty and Property Registration Charges in Delhi is levied on any property if the property is acquired through a gift, conveyance or sale deed. The stamp duty rate in Delhi is fixed according to the ready reckoner rate that takes into consideration the previous rate of stamp duty and the current value of the property. Based on the type of property, age of the owner, gender of the owner, the current stamp duty rate in Delhi is as follows:

Gender of the owner	Stamp Duty Rate in Delhi
Male	6%
Female	4%
Joint	5%

It is important to pay stamp duty charges because after you pay the charges, the government will transfer the ownership of the property into consideration under your name in all property records and documents as well as any property transfer charges. This acts as a proof of record in times of property disputes and hence, is considered an important document.

Registry charges in Delhi for property falling under an NDMC area are fixed at 5.5% in the case of male owners and 3.5% for female owners. The stamp duty on property in Delhi Cantonment Board areas is fixed at 3%.

Delhi House Stamp Duty and Property Registration Charges in Delhi 2023-24

As per the property registration charges in Delhi 2023, 1% of the current market value of the property is taxed as house registration fees, along with any related GST registration fees in Delhi. This fee as well as stamp duty charges are collected by the government as the registry charges when a property is brought. As per the Delhi government’s online revenue collection website, the home registry charges in Delhi are as follows:

Stamp Duty and Property Registration Charges of Property in Delhi

• Delhi registry rate: Registration fee is 1% of the consideration amount set forth or value as per circle rate, whichever is higher plus Rs. 100/- for the pasting fee.
• Relinquishment deed: Rs. 1000/- per instrument plus Rs. 100/- for pasting fee
• Lease deed of immovable property: Rs. 1000/- per instrument plus Rs. 100/- for the pasting fee.
• Power of Attorney /Special Power of Attorney: Rs. 1000/- per instrument plus Rs. 100/- for the pasting fee.
• Will and Authority to Adopt Rs. 500/- plus Rs. 100/- for pasting fee

Home Registry Charges in Delhi for Female Buyers

• Empowering Women in Real Estate: The Delhi Government has significantly reduced home registry charges for female buyers, a progressive initiative in the real estate sector.
• Increased Women’s Homeownership: This reduction has led to a notable increase in the number of women investing in property, as it offers a financial advantage.
• Substantial Savings with Stamp Duty Cut: A reduction of even 2% in stamp duty and registration fees translates into substantial savings, given the high real estate values in Delhi.
• Legal Requirement for Property Registration: As per the Registration Act of 1908, paying stamp duty is essential for legally registering a property under one’s name.
• Safeguard Against Property Fraud: This mandatory charge acts as a protective measure against property fraud and illegitimate ownership claims.

Flat Registry Charges in Delhi

The stamp duty for property registration in Delhi is the responsibility of the state government. The government calculates the flat registry charges in Delhi based on the ready reckoner rates of the property.

Area of the property	The rate for Private Builder flats	The rate for DDA society flats
Multi storeyed apartments	Rs.1.10 lakh	Rs.87,840
Above 100 sq. metre	Rs.95,250	Rs.76,200
50 sq. metre to 100 sq. metre	Rs.79,488	Rs.66,240
30 sq. metre to 50 sq. metre	Rs.62,652	Rs.54,480
Up to 30 sq. metre	Rs.55,440	Rs.50,400

Property Registry Charges in Delhi: Factors

The factors that affect the property registration charges in Delhi are:

1. Location of the property
2. Age of the owner
3. Gender of the owner
4. Type of Property (whether residential or commercial)

Plot Registry Charges in Delhi

In the case of a plot, the stamp duty and registration charges follow the same rules and guidelines as other properties. The factors affecting the rates are also the same. The plot registry charges in Delhi are fixed at 6% for a male owner, 4% for a female owner and 5% in case of joint ownership. For plots fallings under the jurisdiction of the NDMC, the rate is fixed at 5.5% for a male owner, 3.5% for female owners. For plots falling in the Delhi 3%.

 Delhi Registry Rate

Now that we have a better understanding of the different circumstances and conditions under which stamp duty charges in Delhi are calculated, we can calculate the stamp duty charges and have a rough idea of the total amount. These rates are revised periodically so it’s a good idea to stay updated with the latest guidelines.

Delhi Property Registration Charges Calculator

Based on the factors mentioned above, the stamp duty and property registration charges in Delhi can be calculated. Registration charges of property in Delhi can be determined keeping the above factors into consideration. Any stamp duty calculator in Delhi will give you a rough estimate of the stamp duty in Delhi for the purchase of property based on these factors. Circle rate is another important factor kept in mind while calculating property registration fees in Delhi.