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Home > Forum > Mumbai > Virar East > Buying property > What is the mode of payment of Stamp Duty and Registration in Virar

What is the mode of payment of Stamp Duty and Registration in Virar


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Replies (3)
1
Stamp Duty rates differ from Mumbai to Thane Dist. Stamp duty till 5,00,000/- is 7650/- and any amount above 5,00,000/- will be flat 5 %
Praveen Modi


2
Once the buyer intents to register agreement of sale, he/she have to make a pay order of the stamp duty amount in the name of the respective body, depending on the jurisdiction where the property is situated. The pay order is then given for the franking of the agreement and is later duly signed by both the parties (ie buyers and sellers)
Shantanu Kumar


Does Mumbai stamp duty differs from Thane stamp duty?
Lalit Verma,  Mumbai
25th July 2013


3
As far as I know buyer would be liable to pay stamp duty of flat 6% on the property price. Stamp Duty has to be against every agreement for sale that needs to be registered. Without the same the registration process will not be complete.
Praveen Modi


4

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