Lifestyle

Stamp duty and registration charges in Dehradun

[ecis2016.org] Explained in this article is the amount you will have to pay towards stamp duty and registration charges, to become a property owner in Uttarakhand’s capital, Dehradun

Like any other Indian city, property buyers are liable to pay stamp duty and registration charges in Dehradun, Uttarakhand’s capital, to get their newly-acquired assets transferred in their names in the government’s records. Since the two duties significantly increase the cost of property acquisition, home buyers must know the money they will have to pay to complete this extremely important legal task.

You are reading: Stamp duty and registration charges in Dehradun

Stamp duty

Stamp duty in Dehradun

Depending on whose name the property is being registered in the hill city, the stamp duty liability varies.

Ownership type Stamp duty as a percentage of registered property value Registration charge as a percentage of registered property value
Men 5% 2%
Women 3.75% 2%
Man + Woman 4.37% 2%
Man + Man 5% 2%
Woman + Woman 3.75% 2%

Source: Uttarakhand Department of Stamps and Registration

[ecis2016.org] Pros and cons of buying a second home in Uttarakhand

Stamp duty for women in Dehradun

Like most other Indian states, Uttarakhand also charges lower stamp duty, if the property is registered in a woman’s name. This is primarily done across India, to promote housing ownership among women. Women buyers in Dehradun pay only 3.75% of the property value as stamp duty, as against the 5% charge imposed on men.

However, the registration charges are equal for men and women.

[ecis2016.org] Stamp Duty on property: What are its Rates & Charges?

Property registration charges in Dehradun

Read also : SEZ full form, benefits, features of Special Economic Zone in India

Unlike most states, where 1% of the value of the property is charged as the registration charge, the Uttarakhand government imposes a 2% levy. All property buyers in Dehradun, thus, irrespective of the gender of the person in whose name the asset is being registered, have to pay 2% of the property value as the registration charges.

Dehradun stamp duty and registration charge calculation example

Suppose that a female buyer, Rekha, bought a property worth Rs 50 lakhs in Dehradun. She will have to pay 3.75% of Rs 50 lakhs as the stamp duty and another 2% of the property value as registration charge.

Thus, Rekha’s total liability will be:

Stamp duty = Rs 1,87,500

Registration charge = Rs 1 lakh

Total outgo = Rs 2,87,500

Check out properties for sale in Dehradun

Suppose that a male buyer, Milind, bought a property worth Rs 50 lakhs in Dehradun. He will have to pay 5% of Rs 50 lakhs as the stamp duty and another 2% of the property value as registration charge.

Thus, Milind’s total liability will be:

Read also : Can the Coronavirus pandemic help developers to reduce unsold inventory?

Stamp duty = Rs 2.50 lakhs

Registration charge = Rs 1 lakh

Total outgo = Rs 3.50 lakhs

How to calculate stamp duty and registration charges online?

Buyers in Dehradun can visit registration.uk.gov.in to calculate the stamp duty and registration charges online. On the home page, they have to click on the ‘E-valuation’ tab and provide personal and property-related details, to make the calculation.

Stamp duty and registration charges in Dehradun

Payment of stamp duty and registration charges in Dehradun

Stamp duty and registration charges in Dehradun can be paid through three channels.

Offline payment: In this mode of stamp duty payment, the seller has to purchase stamp paper of the required value from a licensed stamp vendor for his sale instrument. The value of stamps should not exceed Rs 50,000.

Franking: Through franking, authorised banks in India stamp property purchase document or affix a denomination on it. This acts as a proof that the stamp duty for the transaction has been paid.

E-stamping: The centre has appointed the Stock Holding Corporation of India Limited (SHCIL) as the agency for e-stamps across the country. Buyers can visit the SHCIL portal, to pay stamp duty on their property purchase.

FAQ

What is the stamp duty on property purchase in Dehradun?

The stamp duty rate in Dehradun varies from 3.75% to 5%, depending on the gender of the person/s in whose name the property is registered.

What is the property registration charge in Dehradun?

Property registration charge is a flat 2% of the value for all.

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

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

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button