Gurgaon, often referred to as the Millennium City of India, is well-known for its high property prices. While this doesn’t discourage homebuyers from investing in the area, it’s important to be aware of the additional costs involved in purchasing property—specifically, stamp duty and registration charges. These mandatory taxes typically range from 3-7% in the city. To learn more about these fees, continue reading.
In Gurgaon, property sale deeds are registered at the Sub-Registrar’s Office that oversees the area where the property is situated. The registration must be completed within four months of executing the sale deed, along with the submission of all required documents. The sub-registrar reviews the documents and issues the registration certificate. However, stamp duty and registration charges vary based on the type of ownership and the transaction value of the property.
Stamp duty charges in Gurgaon (2024)
The stamp duty in Gurgaon is in the range of 3-7 percent. The variation in stamp duty is due to the various factors like the property is within municipal limits or outside municipal limits, the property owner is female or male, or if it is a joint ownership.
| Jurisdiction | Male | Female | Joint |
|---|---|---|---|
| Within Municipal Limits | 7% | 5% | 6% |
| Outside Municipal Limits | 5% | 3% | 4% |
Stamp duty charges for other documents in Gurgaon
The table below explains the ongoing stamp duty charges in Gurgaon for other crucial documents-
| Document Type | Stamp Duty Charges |
|---|---|
| Acknowledgment of debt twenty rupees in amount or value | Rs 10 |
| Administration Bond | Rs 100 |
| Adoption Deed | Rs 1,000 |
| Affidavit | Rs 10 |
| Cancellation Deed | Rs 500 |
| Power of Attorney | Rs 1,000 |
Registration charges in Gurgaon
The process of stamp duty is accompanied by a property registration procedure in Gurgaon. The registration in Gurgaon is set on the transaction value of the property. It starts from Rs 100 and goes up to Rs 50,000.
| Transaction Value (in Rs) | Registration fees (in Rs) |
|---|---|
| Up to Rs 50,000 | Rs 100 |
| Rs 50,001 – Rs 5,00,000 | Rs 1,000 |
| Rs 5,00,001 – Rs 10,00,000 | Rs 5,000 |
| Rs 10,00,001 – Rs 20,00,000 | Rs 10,000 |
| Rs 20,00,001 – Rs 24,99,999 | Rs 12,500 |
| Rs 25,00,000 | Rs 15,000 |
| Rs 25,00,001 – Rs 40,00,000 | Rs 20,000 |
| Rs 40,00,001 – Rs 50,00,000 | Rs 25,000 |
| Rs 50,00,001 – Rs 60,00,000 | Rs 30,000 |
| Rs 60,00,001 – Rs 70,00,000 | Rs 35,000 |
| Rs 70,00,001 – Rs 80,00,000 | Rs 40,000 |
| Rs 80,00,001 – Rs 90,00,000 | Rs 45,000 |
| Above Rs 90,00,000 | Rs 50,000 |
