Hi, If the buyer is a woman, she is exempted from 2% charge on stamp duty and Outside Bhopal Municipal Corporation Limits for Houses as well as for land only excluding 1% Municipal Corporation Fee.
Hi all, I would like to hear your opinions about what exemption we get while buying property in the name of a woman? Also, what is the registration charges and stamp duty in case if the property is outside the limit of Municipal corporation?
Hi Hari, you can also check stamp duty and registration charge article published by Commonfloor. http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html
Thanks dear for updating the calculation of overall duty of a residential house but I have recently purchased a plot under Bhopal Municipal. What should I have to pay against stamp duty and registration charges?
Hi Santosh, For Plot or Agricultural Land you have to pay overall 9.5% of the cost of the land + 1% Registration Fee + 5% of 7.5% stamp duty as a surcharge.
Hi Suresh , I think you are right this is the latest charge for property registration. Inside Bhopal Municipal Corporation Limits, For Houses overall calculation are as follow: 9.5% of the cost of house (i.e. 7.5% stamp duty + 1% Panchayat Fee + 1% Municipal Corporation Fee) + 1% Registration Fee.