How to calculate property registration charges in Hyderabad?

Q: How do I calculate registration charges on property which is 12 years old in Hyderabad?

Vani reddy, Hyderabad

16th August 2018

Property Tax in Warangal

warangal hyderabad

property registration charges in telangana

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Stamp duty and registration charges for the Apartments and Flats is as follows:
Registration charges - 0.5% of the property value
Stamp duty - 4% of the property value and
Transfer duty - 1.5 % of the property value

Raghavendra Hegde, Hyderabad

28th August 2018

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Hi Vani,
Let us assume that a plot in Hyderabad, in a specific area, costs Rs.4000 per sqft. This means that any plot or house sold in this area cannot be sold for lesser that Rs.4000, but can be sold above this price.
Suppose you had purchased a property of 1000 sqft in the same area in Hyderabad at Rs.4000 per sqft.
The guidance value of the property will therefore be Rs.4000*1000 = Rs 4000000
The stamp duty for the property (assuming it is a municipal property) will be 4% of the market value (Rs.4000000*4/100)=Rs.160000.
Registration charges for the property will be 0.5% of saleable value (Rs.4000000) = Rs.20000
Therefore, the total registration and stamp duty charges will add up to be Rs.160000+Rs.20000=Rs.180000
Therefore, you have to pay a total of Rs.4000000+Rs.180000=Rs.4180000 to obtain the property

Kodanda Reddy, Hyderabad

28th August 2018

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