What is the stamp duty and registration fees for a property in Thane?

Q: I need to transfer a land to one of my relatives. What will be the stamp duty and registration fees for the property in Thane?

Anuj Gupta, Mumbai

26th September 2011

Property Tax in Thane

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stamp duty and registration fees in thane

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Stamp duty and registration fees differs for residential property and commercial property. It also differs for sale and rental purpose. For sales transfer it is 5% of the agreement value or circle rate value, whichever is higher, but for rental purpose, residents having value less than 5 lakhs, a concession of about 2 % is applied. Exact values can be obtained from the sub-registrar's office of the region.