Here is how to calculate registration charges on property in Hyderabad
Suppose, property value is Rs.10 lakh
Stamp Duty payable = property value *4/100, Registration Fee=Property Value*0.5/100, transfer duty= property value*1.5/100
No, the total cost = Rs.100000 + 40000 (stamp duty paid) + 5000 (registration fees) +15000 (transfer duty) = Rs1060000
Hello Suraj, Flat or Apartment registration charges in Hyderabad, Telangana are interlinked to the registration charges. It means that the rates of both registration and stamp duty charges are dependent on the price of the property registered, or the ready reckoner rate like for flats or apartments that are under construction. According to the GST, the initial two service tax and VAT will be included and the new rate will be 12% from the 5.75 percent. As the registration charges is a state subject, stays the same taking the total sum of the tax to 18.1 percent. The explanation of taxes for building materials will be included in the cost. That means, the compliance costs will go higher that will be moved to the customers.