On purchase of property the government has imposed stamp duty charges. Additional to that, in a registered society, transfer charges are applicable, approximate figures are mentioned below.
Expenses for Lease Transaction:
Registration Fees: Rs.1,000/-
Stamp Duty:
Residental Property
12
MONTHS
24
MONTHS
36
MONTHS
48
MONTHS
60
MONTHS
Where the amount of Average Annual Rent plus Security Deposit or Money Advance or to be Advance is Rs.1 to Rs. 2,50,000
750
1500
2250
3000
3750
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 2,51,000/- to Rs. 5,00,000/-.
1500
3000
4500
6000
7500
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 5,01,000/- to Rs. 10,00,000/-.
3000
6000
9000
12000
15000
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 10,00,000/- & Above.
5000
10000
15000
20000
25000
Registration Fees: Rs.1,000/-
Stamp Duty:
Commercial Property
12
MONTHS
24
MONTHS
36
MONTHS
48
MONTHS
60
MONTHS
Where the amount of Average Annual Rent plus Security Deposit or Money Advance or to be Advance is Rs.1 to Rs. 2,50,000
1500
3000
4500
6000
7500
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 2,51,000/- to Rs. 5,00,000/-.
3000
6000
9000
12000
15000
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 2,51,000/- to Rs. 5,00,000/-.
6000
12000
18000
24000
30000
Where the amount of average Annual Rent plus Security Deposit or Money Advance or to be Advanced is Rs. 5,01,000/- to Rs. 10,00,000/-.
10000
20000
30000
40000
50000
We hope this will clarify any queries. In case you wish to enquire further, please feel free to contact us
