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Stamp Duty in case of registration of flat of Rs 40 lakh


12-Feb-2023 (In Property Law)
I would like to purchase a flat of Rs 40 Lakh , jointly with my spouse. My self being an ex service men how much I need to pay stamp duty, registration charges and other misc expense. Thanks.
Answers (4)

Answer #1
736 votes
Kindly give detail of the property then only the realistic figures can be shared with you . The stamp value can be calculated only on the actual property details with actual price , so provide the details accordingly
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Advocate Prakhar Mishra

Adv. Prakhar Mishra

LawRato Lucknow | 25+ Answers
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Answer #2
583 votes
in uttar pradesh: normal stamp duty is 7% of the value of the flat 1% concession for ladies in your case, i.e. jointly the stamp duty comes to 6.5% around 260000 registration fee around 20200 other misc expenses 4000
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Advocate Vijyant Nigam

Adv. Vijyant Nigam

LawRatoLucknow | 5+ Answers
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Answer #3
841 votes
if you wants to buy a properity 40 lakhs then you pay 7%of circ le rate on your part and 5% on your suppose,s part if your suppose is a ladies if not a ladies you pay 7% on 4o lakh and 2% registration fee and 1% other expences
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Advocate Naresh Kumar Dixit

Adv. Naresh Kumar Dixit

LawRatoFirozabad | 25+ Answers
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Answer #4
822 votes
Dear client, The stamp duty is different in different areas. In some areas is 6% and some areas is 5% please check with your local registar office, and registration fees is 1%. If the property is registered in the name of women then you can save Stamp duty, for example in Delhi Stamp duty is 6% but if property is registered in woman name then Stamp duty to pay 4% .
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Advocate Sanju Lata

Adv. Sanju Lata

LawRatoAllahabad | 100+ Answers
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Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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