Stamp duty and Registration charges revised in Hyderabad to 6.5%?

Q: Hello fellow House Hunters/Owners :)

Recently I purchased a flat in Luxor Apartments in Hyderabad Kondapur region and at the time of booking my builder told me that registration will cost me 6% amount, but 1 week back he told me that registration charges have been increased to 6.5% (6% payable as cash and 0.5% payable as DD).

Is this information correct?
I have already paid him 6% in cash and for the same I can see it getting reflected in e-Challan (i.e. whole 6% amount is reflected on e-challan) and 0.5% I gave him as DD towards "GHMC commissionar srilingampally" something like that.

But he said that for 0.5% DD I'll not get any receipt.

All in all my question is, that the amount being charged to me is it correct? Kindly help me

Raghvendra Gupta, Apartment Resident

21st June 2016

Buying property in Trishala Luxor Apartments, Kondapur, Hyderabad

stamp and registration charges in hyderabad

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Replies (3)

Thank you everyone, I found out the rules and it says registration and stamp duty is 6% and since last 2 weeks they are charging 0.5% mutation fee which is charged by GHMC and that needs to be deposited as DD in name of "Commissioner GHMC".

Also VAT on has been increased from 3.25% to 4.5% :(

Raghvendra Gupta, Apartment Resident

22nd June 2016

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There is a very good article written on the stamp duty and registration charges, you can read the article here https://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html

Sagar Prasad, Bangalore

22nd June 2016

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