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Real Estate Forum on Property Registration In Indore

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Q: What are the stamp duty and registration fees for buying property in Indore?
Latest Answer: Hey, the stamp duty is 7.5% of the market value of the property. The market value of the property is not the actual value at which it is being sold to you. The market value is calculated by following a set of guidelines, which are available with sub-registrar. You can find out the same by visiting the sub-registrar’s office under whose jurisdiction the property falls. The registration fee is to be paid at the same sub-registrar’s office when you are registering the final documents like sale deed. The amount is 0.8% of the market value of property. You can’t register your property papers without paying the stamp duty first.
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