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What is the stamp duty on registration of a lease deed?


24-Oct-2023 (In Landlord/Tenant Law)
Hi, I want to know applicable stamp duty and registration fee that may be incurred on the registration of a lease deed for a property situated in Borivali, Mumbai. The market value of the property is not yet determined and the same is being determined from the Controller of Revenue Authority and as per their circle rates for the year 2017. Hence, can you please guide me with the calculation of Stamp Duty and any other fee that may be paid for the registration of lease deed. Lets assume the property is for 10Cr. hypothetically.
Answers (2)

Answer #1
769 votes
Dear Sir
First of all kindly give more information regarding your query
1.for how many years you are letting this property
2.Rent per month a) Fixed for while lease period or b) Variable every year? If variable then %age increments
3. Security Deposit a) Refundable or b) Non-refundable?
Then we can give you exact amount for your queried question
Thanks
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Answer #2
551 votes
Dear sir, calculation of stamp duty and registration charge for lease deed depends upon the amount of amount deposit plus rent amount which you did not disclose in your queries, so you should mention about it to get specific answers. Kindly contact us for more information
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