Stamp duty for a registered lease deed

Q: Can you please provide me information regarding the stamp duty for a registered lease deed agreement, duration 5 years in Ahmedabad? Is the stamp duty same for both either purchasing property OR leasing property?

Saurabh, Ahmedabad

21st May 2017

Property Tax in Ahmedabad

lease deed

stamp duty on lease deed

registration charges on lease deed

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Replies (1)

Hi Saurabh,
For lease deed fees, you have to pay Rs.100, Stamp duty will be 1 percent on the total amount if you are leasing below 30 years and Registration charges, you have to pay 1 per cent subject to a maximum of Rs.20000.

Jyothi J, Ahmedabad

9th June 2017

Comment

All leases for a period of more than one year should be compulsorily registered. The stamp duty payable on such lease deeds and lease agreements are high and is computed on the average annual rent along with deposit payable. The amount of stamp duty is almost equal to that of a sale deed. The usual practice is to split up the rent into two halves and make out one of them as an amenities agreement, which does not require registration. The amenities agreement will have to be stamped as per the article relating to lease of movables.

Sanchita Chanda, Ahmedabad

9th June 2017