Revised Stamp Duty and Registration Charges in Gujarat

Q: Hello,

I would like to know revised stamp duty and registration charges in Gujarat State. Soon, I am going to buy "resale" property and would like to know all hidden charges which are excluding from the loan amount.

Home loan amount is 21 lakhs and property is 12 Years old. In addition to this, who will bear Stamp Duty?

Means, Seller/Buyer will bear it equally or wholly bear by buyer only?

Please guide me.

Nishith Niranjan Vyas,

13th July 2015

Property Tax in Ahmedabad

stamp duty in ahmedabad

registration charges in ahmedabad

property tax in ahmedabad

property tax in gujarat

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Replies (13)

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S.v Art,

16th August 2016

Comment

Hi friends!!
In form of Krishi Kalyan Cess, a levy of 0.50% is going to add up to existing rate of service tax on all taxable services which sums up to total service tax of 15%. Arun Jaitely, in his first budget had increased service tax rate to 14% from 12.36% and then added 0.50% as Swachh Bharat Cess from 15th November, 2015. Now, with krishi kalyan cess of 0.50%, the new service tax rate will be 15% effective from 1st June 2016.

Praveen Modi, Mumbai

2nd June 2016

Comment

Hi Everybody!!!
1) For transfers other than in (b) in urban area :- 8% + 25% of duty = 10% on market value of Property

2) For transfer relating to premises in Co-operative Society registered or deemed to have been registered under Gujarat Co-operative Society Act, 1961, by such society in favor of its member or by such member in favour of another member or for transfer of premises relating to Board Constituted under Gujarat Housing Board Act, 1961, or Gujarat House Board Act, 1972 or to which provisions of Gujarat Ownership Flats Act, 1973 apply :- 6 % + 25% of duty = 7.5% on market value of Property.

Vikash V, Ahmedabad

2nd June 2016

Comment

Whereas in Ahmedabad, stamp duty is charged at 4.9% and registration fees is 1% of the market price of the property or the transaction value, whichever is higher. But there is a exemption for the women property owners from the registration fees. From now onward, there is a hike in property tas as buyers have to pay Krishi Kalyan Cess-0.2% and Swacha Bharat tax-0.2% which is effective from June 1st.

Nandakishore, Ahmedabad

2nd June 2016

Yes, from June 1st 2016, Indians will need to pay more for any kind of services they pay for which includes eating out, traveling, internet services, mobile bills among others. The Krishi Kalyan Cess of 0.5% proposed by Finance Minister Arun Jaitley during Budget 2016 will be applicable to all from.

Priyadarshini, Pune

2nd June 2016

What is the bank rate in case of women buyer? what benefit I should avail while buying property in women who are housewife not working?

Chandan Thanki, Ahmedabad

16th July 2015

Comment

SBI offer HER GHAR (HOME LOAN FOR WOMEN) AT CONCESSIONAL INTEREST RATE of @ 9.85% (EMI RS 867/ lac for a period of 30 years) subject to the following two conditions
1. The woman should be the sole applicant or first co-applicant of Home Loan
2. The property proposed to be financed should be either in the sole name of the woman borrower or she should be the first owner in case of joint ownership.

Jack , Ahmedabad

28th July 2015

Hi, In some cases for woman the rate of interest levied on a home is loan is lower. If the property is rented out, the entire interest on home loan can be claimed as the deduction against the net rental value.

For example State Bank of India charges a woman customer 9.70% whereas for others it is 9.75%.

Jack , Ahmedabad

16th July 2015

Comment

Hi, Nowadays govt is also encouraging the women buyer and certain benefit has been given in this regards:
1. Concession in Stamp duty
2. Low rate of Home loan interest

Kamal Shekhawat, Ahmedabad

15th July 2015

Comment

Hi, What benefit does entitle while buying property in the name of women?

Chandan Thanki, Ahmedabad

15th July 2015

Comment

Hi, Very interesting insights just want to add me view point as several state governments offer stamp duty waiver to women property buyers and the percentage varies from state to state. In some states, if a property is purchased in the name of a female then the stamp duty levied is lower in comparison with what is applicable for a man.

Vikas Modi, Ahmedabad

15th July 2015

Comment

@ Devesh Kumar

If the stamp duty is 3.5%, means I need to pay approx 85,000 (Eighty Five Thousand Only) for 23 Lakhs. Am I Right?

For Registration Charges 1% = 23000 (Rupees Twenty Three Thousand Only)

Nishith Niranjan Vyas,

14th July 2015

Comment

Hi, as per my knowledge Registration fee refers to a fee levied on property transactions by state and also a sum of money required to enroll on an official register. It is generally mean to meet the cost of administration but may include damage deposits or taxes. Hence without registration, the property is called as illegal one.

Devesh Kumar, Ahmedabad

14th July 2015

Comment

Hi all, What is the stamp duty and registration charges for women in Ahmedabad?

Jyothi J, Ahmedabad

14th July 2015

Comment

Hi Jyothi , Buying property these days is not mens prerogative, women too are playing a key role in deciding on property purchases and influencing property-related decisions. Property buying has been mostly dominated by the males in the society but due to various tax benefits and rebates only for ladies, females are plunging in the property market. Several state governments offer women buyers a discount on stamp duty.

Devesh Kumar, Ahmedabad

14th July 2015

Property registration charges for women in Gujarat :
1. Registration Fee: 1%
2. Stamp Duty Charges: 4.9%
3. VAT 3.6% in case of new property

Vikash V, Ahmedabad

14th July 2015

Hi Nishith, as of now Stamp duty is 3.50% and registration charges are 1 % in Gujarat. Registration charges are always paid by the buyer, not by the seller.

Devesh Kumar, Ahmedabad

14th July 2015

Comment

An Awesome article was written regarding stamp duty and registration charges. Have a look in this link:
http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html

Vikash V, Ahmedabad

14th July 2015

Comment