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Delhi property registration: All about Delhi stamp duty and registration charges

[ecis2016.org] Here’s a look at the cost that buyers have to bear, as stamp duty and registration charges in the national capital

On property purchases in the national capital Delhi, home buyers have to pay stamp duty and registration charges at the time of property registration. However, with an aim to increase home ownership, stamp duty in Delhi is kept lower for women buyers.

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[ecis2016.org] All about laws of property registration in India

Delhi stamp duty

The Registration Act of 1908 makes it incumbent upon the buyer of a property to pay stamp duty at the time of property registration. Through the registration process in Delhi, the ownership of a property is transferred in the name of the new buyer from the old, in the government’s records. Unless a property is registered in the name of the buyer, he will not be able to prove his ownership of the asset in the court of law.

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Stamp duty in  Delhi

(As percentage of the property value)

Gender Stamp duty rate
Man 6%
Woman 4%
Joint 5%

Source: revenue.delhi.gov.in

Note: Stamp duty on certain locations in Delhi are different from the standard stamp duty rates.

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Stamp duty on property in NDMC area

On property sale within the New Delhi Municipal Corporation (NDMC) area, the stamp duty is 5.5%. For women buyers in this area, the applicable stamp duty is 3.5% of the property’s cost.

Stamp duty on property in Delhi Cantonment Board area

On property sale within the Delhi Cantonment Board area, the stamp duty is 3%.

Stamp duty calculation factor in Delhi

Circle rates play an important role in determining the stamp duty payable. To know more, read our article on New Delhi Circle rates.

Check out Maharashtra Stamp Act

Registration charge in Delhi

(As percentage of the property value)

Gender Registration charges
Male 1%
Female 1%
Joint 1%

Source: revenue.delhi.gov.in

Irrespective of their gender, all buyers in Delhi have to pay 1% of the deal value as the registration charge, along with the stamp duty, at the time of registration of the sale deed. So, effectively, a man buying and registering a property in the national capital will have to pay 7% of the property cost during the registration while a woman will pay 5% of the value. In case a house is being registered jointly in the name of a man and a woman, they will pay 6% of the property cost during the time of registration in Delhi.

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[ecis2016.org] How to register property online in Delhi

Delhi property registration

How to pay stamp duty in Delhi?

With the government introducing e-stamping, stamp duty has to be paid through e-stamping in Delhi. So, there are no offline channels through which this duty could be paid. As the centre has appointed the Stock Holding Corporation of India Limited (SHCIL) as the agency responsible for all e-stamps in India, buyers will have to visit its official portal, www.shcilestamp.com and make the payment there. SHCIL has authorised collection centres called ACC, which act as the intermediary between the SHCIL and the buyer.

In case you are acting through an ACC, you could pay the stamp duty in cash, as well. You could also pay the fund through cheque/demand draft/pay order/RTGS/NEFT/account to account transfer.

After making the payments, the buyer can book an online appointment with the sub-registrar’s office, by logging on to srams.delhi.gov.in to initiate the registration process.

Stamp duty and registration charges in Delhi

Check out property prices in Delhi

Documents required for Delhi property registration

  • Sale deed.
  • Identity proofs of the buyer, seller and witnesses.
  • Address proofs of the buyer, seller and witnesses.
  • Two passport-sized photographs of the buyers and sellers on two copies of documents.
  • e-Stamp paper with correct value of stamp duty.
  • e-Registration fee receipt of registration fee with undertaking/affidavit.
  • Self-attested copy of PAN card or Form 60.
  • No-objection certificate (NOC), in case of plot or land.
  • All original documents with one set of copies.
  • Identity and address proof of two witnesses.
  • Proof of TDS payment.

Check out properties for sale in Delhi.

FAQs

How much stamp duty do women have to pay in Delhi?

Women buyers have to pay only 4% of the property value as stamp duty in Delhi.

Can I pay stamp duty offline in Delhi?

Buyers have to make the stamp duty payment online in Delhi.

Where do I go for property registration in Delhi?

Book an appointment and visit the sub-registrar’s office which governs the area in which the property is located. Since there are several such offices, be sure you visit the right one.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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