Know about Registration Charges in Delhi

Stamp Duty and Registration Charges in Delhi

Current Delhi Stamp Duty Rates and Registration Fees

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Stamp Duty and Registration Charges in Delhi in 2022

The property registration and stamp duty charges in Delhi keep changing from time to time. They are affected by various factors too. With an aim to increase home ownership, stamp duty in Delhi for women buyers is kept low. Check out the current Delhi stamp duty rates and registration charges 2022. 

Category

Stamp duty rates

Registration charges

Joint owners (female and male)

5% of the property value

1% of the property value

Female

4% of the property value

1% of the property value

Male

6% of the property value

1% of the property value

Stamp duty rates in Delhi in certain locations are different from the standard stamp duty rates. The exceptions are;

 

  • Area under New Delhi Municipal Corporation: Stamp duty for a male is 5.5% and for a female is 3.5%.

  • Area under Delhi Cantonment Board: Stamp duty is 3% for both.

Let us take an example to understand the stamp duty and property registry charges in Delhi. If a male buys a property in Delhi worth Rs. 30 Lakh, then he has to pay the following charges:

Property registration charges in Delhi

1% of the property value

Rs. 30,000

Stamp duty in Delhi

6% of the property value

Rs. 1,80,000

Effective cost of the property

Property value + registration charges + stamp duty

Rs. 3,210,000

How to Calculate Stamp Duty in Delhi

Here is how to calculate Stamp duty in Delhi for a woman:

 

  • Cost of your property =  ₹ 25,00,000

  • Registration Charge =  1% of ₹25,00,000 = ₹ 25,000

  • Stamp Duty = 4% of ₹25,00,000 = ₹ 1,00,000

Steps to Use a Stamp Duty Calculator

To calculate the stamp duty with the help of a Stamp Duty calculator, follow the steps mentioned below:

 

  • Step 1: Log on to the official portal of the Delhi Online Registration System at https://eval.delhigovt.nic.in/

  • Step 2: Key in the relevant details as per your requirement. Once you do so, you will see the amount that you must pay as stamp duty in Delhi on your page.

Several factors determine the stamp duty you have to pay for the property. It includes;

 

  • Property’s Location

  • Type of property and the number of floors

  • Age and gender of the property owner

  • Property’s market value

  • The use of the property, residential or commercial

A stamp duty calculator Delhi can be used to calculate the amount you have to pay as stamp duty. You just have to enter the property details like the property value and state in which it is located.

Delhi Registration Fees

Stamp duty and property registration charges in Delhi are determined on the basis of two factors; property’s price and ready reckoner rate. The circle rate or the ready reckoner rate is the minimum rate fixed for transactions associated with property registration in Delhi. The Delhi government sets it. Circle rates are used as a reference point for the stamp duty payments, whereas the market prices are the actual prices of the properties for sale. The circle rate is generally a little lower than the market rate. 

 

At the time of registration of the sale, all buyers in Delhi, irrespective of their gender, have to pay 1% of the property value as the registration charge, along with the stamp duty. If we consider a scenario where a man buys a property in the national capital, he should pay 6% of the property cost during the registration. In the same case, a woman will pay 5% of the property value. If a man and a woman are jointly buying the property in Delhi, then they will pay 6% of the property cost during the time of registration.

Procedure to Pay Stamp Duty in Delhi and Registration Charges Online

There are no offline channels in Delhi to pay stamp duty charges. The stamp duty has to be paid through e-stamping in Delhi. You can go to the official website of Stock Holding Corporation of India Limited  (SHCIL) and pay the stamp duty and registration charges through e-stamping. Then you should follow the instructions to obtain an e-stamp. 

 

The authorized collection centers of SHCIL, ACC, act as the intermediary between the SHCIL and the buyer. You could pay the stamp duty in cash through an ACC if you need. You could also pay the fund through RTGS/NEFT/account to account transfer/cheque/demand draft/pay order. After making the payments log in to srams.delhi.gov.in and book an online appointment with the sub-registrar’s office to initiate the registration process.

Stamp Duty on other Property Documents in Delhi

Here are some of the stamp duty rates on other property documents and instruments in Delhi.

Document

Stamp duty rate

Certificate of sale

5% of the consideration amount set forth in the instrument

Conveyance 

5% of the consideration amount set forth in the instrument

Divorce agreement

Rs. 100

Exchange of property 

5% of the consideration amount set forth in the instrument

Acknowledgement of debt above Rs. 20 value

Rs. 1

Administration bond under Rs. 1000

Rs. 100

Affidavit

Rs. 10

Gift or hiring agreement

5% of the consideration amount set forth in the instrument

Mortgage deed

5% of the consideration amount set forth in the instrument

Refund Process of Stamp Duty and Registration Charges

In case of any excess stamp duty payment, cancellation of a document or agreement, or other reasons., you can claim a refund of your stamp duty within six months. Your payment will be refunded after a deduction of 10% from the total amount paid. However, registration charges are non-refundable. You should write for the refund of the e-Stamp Paper with following documents:

 

  • Original e-Stamp certificate along with a copy of identity proof.

  • Affidavit in prescribed format on a Rs. 10 stamp paper.

  • A duplicate of the prescribed refund proforma duly signed each on Rs. 1 revenue stamp by the applicant.

  • Indemnity Bond on prescribed format on a Rs. 100 stamp paper if the e-stamp paper has been signed by both parties.

The application is easily available offline and online and should be submitted before the Collector of Stamp (headquarters) in Sham Nath Marg, Delhi.

How to check Market Value of Properties in Delhi? 

Market value of the properties in Delhi can be calculated if you know the circle rate in Delhi. Complete the following steps to calculate the market value.

 

  • Determine the property’s built-up area. 

  • Check the property's age, floor area and available amenities.

  • Choose the type of property from plots, apartments, flats, etc.

  • Choose the area/locality of the property as per categorized in the Delhi registrar’s official website.

  • Compute the minimum assessment value using the following calculation. 

Always consider the current circle rate in Delhi while calculating.

Residential apartments (Including society/DDA/builder flats)

Multiply the flat’s built-up area (in sq. meters) with the flat’s applicable circle rate (in Rs./sq. meter).

House constructed on a plot

Multiply plot area (in sq. meters) with applicable circle rate for the land in the respective locality (in Rs./sq. meter).

Independent plot builder floors

Multiply the plot area’s proportionate share (in sq. meters) with the area’s applicable circle rate (in Rs./sq. meter)

Plots

Multiply plot area (in sq. meters) with applicable circle rate for the land in the respective locality (in Rs./sq. meter).

Properties Exempted from Stamp Duty in Delhi

There are very few stamp duty exemptions in Delhi. The UK primary residents purchasing a property worth £250,000 or even less in Delhi are exempted from the stamp duty till 30th September 2021. If that property’s worth is more than this amount, then the buyer is obliged to pay stamp duty in Delhi as well as the property registry charges in Delhi.

Stamp Duty and Registration Charges in Delhi: Grievance Redressal

Follow the below-mentioned procedure to lodge a complaint and for grievance redressal.

 

  • Step 1: Visit the Website of Registration Related Grievance Monitoring System (RGMS)

  • Step 2: Click on “Lodge your Grievance” for lodging the Grievance.

  • Step 3: Type your Grievance within 2000 characters without special characters, which has been specified on the left side of the screen.

  • Step 4: Attach Grievance related documents, if any. (Document may be scanned with the help of any scanner in PDF format. Document Size should not be greater than 2 MB and should be in PDF format only.)

  • Step 5: Select your locality for your Grievance.

  • Step 6: Provide your details like

    • a. Name

    • b. Mobile number

    • c. e-mail

    • d. Address,

    • which will also be required to track/to know the status of your Grievance.

  • Step 7: Enter the text in “Visual Image” as it appears on your screen, and then submit your Grievance. 

  • Step 8: Enter Grievance Number along with mobile no. or e-mail id for your Grievance to get the status of Grievance Status.

Disclaimer: The information provided here is for informational purposes only. Please visit the official website and do your research before you avail of any services.

Other Cities Stamp Duty and Property Registration Charges

Conclusion

By law, you are required to pay your stamp duties and other concerned charges while registering the home that you just bought. If you fail to do so, you will be required to pay hefty penal charges. In some cases, you may also have to go to court. The good news is that you can cover these costs easily through a housing loan. If you need one, you can always apply for the same through Bajaj Markets. A Bajaj Markets lending partner will give you a housing loan at very competitive interest rates and flexible repayment tenor options. Simply meet the home loan eligibility criteria and keep the home loan-related documents on your person. Once you have done that, you can comfortably go ahead and apply for a home loan through our portal.

FAQs on Stamp Duty in Delhi

  • ✔️Are Tax Benefits Available on Stamp Duty and Registration Charges?

    Yes, you can avail a tax exemption of up to ₹1,50,000 under Section 80C of the Income Tax Act of 1962 for paying stamp duty and registration fees.

  • ✔️ What is the current stamp duty in Delhi?

    The current stamp duty in Delhi is 4%, 5% and 6% of the property value for males, joint (male and female) and females, respectively.

  • ✔️What is the stamp duty for gift deeds in Delhi?

    The stamp duty for gift deeds in Delhi is 5% of the consideration amount set forth in the instrument.

  • ✔️How do I calculate my registry charges in Delhi?

    The stamp duty is 4% if the buyer is a woman and 6% if the buyer is a man. The registration charge is 1% of the property value for both males and females. Along with these two charges, an additional cost of Rs.100 should be paid as the pasting charges.

  • ✔️How can I check ownership of land in Delhi?

    Visit the DORIS (Delhi Online Registration Information System) official website to check the ownership of land in Delhi.