Stamp duty is a tax charged by the State government on any property transaction, while the registration charge is the fee that has to be paid for registering the property in one’s name. It is vital to ensure the conservation of evidence and assurance of title in order to prevent property-related disputes. Payment of stamp duty and registration charges on documents imparts legality to them and they become admissible as evidence in a court of law. Stamp duty and registration charges in Delhi may vary from charges levied in other States.
Registration fees and stamp duty are charged on transaction value or circle rates in Delhi, whichever is higher. For this purpose, the city has been divided into eight categories of residential colonies, namely, A to H. Each category has a different circle rate which is revised every few years.
Stamp duty and registration charges in Delhi
Delhi has different rates for stamp duty collection for men and women. For men, stamp duty has to be paid at six percent, while women have to pay just four percent of the property value as stamp duty. This special initiative has been taken by the Delhi government to encourage female homeownership in the capital. The registration fee, however, is one percent, irrespective of the gender of the owner.
Stamp duty and registration charges in Delhi
| Ownership | Stamp duty rates | Registration fees |
|---|---|---|
| Male | 6 percent | 1 percent |
| Female | 4 percent | 1 percent |
| Joint (Male and Female) | 5 percent | 1 percent |
Stamp duty in NDMC area and Delhi cantonment board area
Stamp duty is 5.5 percent on property sales within the New Delhi Municipal Corporation (NDMC) area. Women homebuyers in this area are subject to a stamp duty of 3.5 percent and joint ownership attracts 4.5 percent duty. For property sales within the Delhi Cantonment Board area, the stamp duty is three percent.
Documents required for property registration in Delhi
You must have the following documents ready for registering a property in Delhi:
- Sales deed
- Identity proofs and 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
- Proof of TDS payment
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What are the factors determining stamp duty in Delhi?
Stamp duty and registration charges in Delhi are set by the State government. There are several factors that determine stamp duty charges in Delhi, including-
Property location: Circle rates for residential plots in Delhi are based on the area's category. For example, Category A areas have higher circle rates than Category B areas, and Category D areas have higher circle rates than Category G areas.
Property type: A commercial property is subject to a higher stamp duty than a residential property.
Age of the property: The age of the property matters since stamp duty is based on its value. Older and unmaintained properties have lower price brackets, so they involve lower stamp duty.
Online property registration facility in Delhi
Property owners can pay stamp duty online in Delhi through an e-stamping facility recently introduced by the Delhi Government. There are no offline channels through which stamp duty could be paid in Delhi. The centre has appointed Stock Holding Corporation of India Limited (SHCIL) to take care of all e-stamps in India. Buyers are required to visit the official portal of SHCIL and make the payment there. SHCIL has authorised various collection centres known as ACC, acting as the intermediary between SHCIL and the buyer.
One could 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 at the sub-registrar’s office, by logging on to srams.delhi.gov.in to initiate the registration process.
