Calculate the government fees for buying a property. Accurate rates for all major Indian states.
Varies by state (3% - 7%)
Usually 1% or fixed cap
Stamp Duty is a tax levied by the State Government on the purchase of property. It acts as legal evidence of ownership. Registration Charges are paid over and above Stamp Duty for the registration of the sale deed.
Stamp duty rates vary by state (3-7% of property value). Women buyers often get 1-2% concession. Registration charges are typically 1% extra. Total transaction cost ranges from 4-9% depending on location.
Buy if you plan to stay 5+ years, have down payment (20%), and home loan EMI < 40% of income. Rent if career is unstable, you prioritize liquidity, or want to invest surplus in higher-return assets.
Property tax is based on Annual Rental Value (ARV) determined by municipal authorities. Rates vary: 0.05-0.20% of ARV in metros. Self-occupied properties often get lower rates or exemptions up to certain limits.
Beyond down payment: stamp duty (4-7%), registration (1%), legal fees (0.5%), brokerage (1-2%), GST on under-construction (~5%), interior work (₹500-2000/sqft), and maintenance (₹2-5/sqft monthly).