The twin cities of Gujarat, Ahmedabad and Gandhinagar, have been witnessing a massive transformation in terms of civic and physical infrastructure. As a result, both commercial and residential real estate in Ahmedabad has seen a substantial uptick in interest from aspiring property investors. If you too are among those aspiring homebuyers and planning to buy real estate in Ahmedabad, then you must evaluate the stamp duty and registration charges in Ahmedabad before finalising a deal.
Know your neighbourhood well
Stamp duty is the tax that the buyer of a property must pay to the State government to validate any sale or purchase of the property. Registration fee is paid for the maintenance of ownership records at the registrar’s office. These charges help lend authenticity to the property documents and safeguard the owner’s interest in case of any future dispute or fraud. Stamp duty charges vary from one State to another and may depend on gender, municipal areas or income groups within the State.
Stamp duty and Registration charges in Gujarat in 2024
| Stamp duty | Percentage |
|---|---|
| Basic rate of stamp duty | 3.5 percent |
| Surcharge @ 40 percent on basic rate | 1.4 percent |
| Actual Stamp duty payable on the sale of immovable properties | 4.9 percent |
In Ahmedabad, stamp duty is charged at 4.9 percent and the registration fee is one percent of the market price of the property or the transaction value, whichever is higher. As per the latest updates by the State government, female property owners are exempted from the registration fee. This registration fee waiver for female buyers is aimed at empowering women and motivating more families to register properties in the name of female family members.
Registration charges in Gujarat in 2024
Registration charges in Gujarat in 2023 are 1 percent of the market price of the property or the transactional value. Whichever is higher amongst the two, will attract the registration charge. Below mentioned are the registration charges as levied by the government of Gujarat-
| Particulars | Percentage |
|---|---|
| For male | 1 percent |
| For female | 0 percent (No registration fees) |
| For joint (male and female) | 1 percent |
| For joint (female and female) | 0 percent (No registration fees) |
Stamp duty in Ahmedabad, Gujarat in 2024: How to calculate?
Stamp duty calculation in Ahmedabad, Gujarat is done on circle rates/ready reckoner rates/ market value of the property. Here are the steps to compute the stamp duty -
- Multiply the total value of your property to the stamp duty rate, i.e. 4.9 percent. The formula is Property value X 4.9/100
- The above formula will help you get the stamp duty applicable on your property
- Next, calculate the registration charges at 1 percent of the property value. The formula is Property value X 1/100
- Registration charges combined with stamp duty, when added to the property value will determine the total cost of your property
Note- Registration charges vary from case to case.
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Stamp duty in Ahmedabad, Gujarat in 2024: Calculation with example
To understand the calculation better, let us assume that two adjacent properties in Ahmedabad of similar value, say Rs 30 lakh, are bought by a man and a woman, named Suraj (male) and Ritu (female), respectively. Here is how to calculate the total cost of property for them-
Stamp duty charges payable by Suraj = 30 lakh x 4.9/100 = Rs 1.47 lakh
Registration fee = 30 lakh x 1/100 = Rs 30,000
Hence, total cost of the property for Suraj = Rs 30 lakh + Rs 1.47 lakh (Stamp duty) + Rs 30,000 (Registration fee) = Rs 31.77 lakh
Similarly
Stamp duty payable by Ritu = 30 lakh x 4.9/100 = Rs 1.47 lakh
Being a woman, Ritu is exempt from the payment of the registration fee.
Hence, total cost of the property for Ritu = Rs 30 lakh + Rs 1.47 lakh = Rs 31.47 lakh
Also Read: Stamp duty and registration charges in Vadodara
Property Registration in Ahmedabad, Gujarat: Documents Required
As per the Gujarat Registration Act, an immovable property that has not been registered shall not be admissible in a court of law. The following documents are required for property registration in Gujarat:
- Input Sheet: Contains the property details with the signature of both the parties, i.e. the buyer and the seller
- Application Form No 1: In case the document is covered under Section 32 A of the Gujarat Stamp Act, 1958. This is required to determine the market value of property
- Identity proofs of the claiming and executing parties
- Proofs of ownership rights
- Original copy of the power of attorney
Stamp duty in Ahmedabad: Is E-stamping valid in Gujarat?
Yes, e-stamping is valid in Gujarat. Nationalised and Private Sector Banks, Co-operative Banks, Stamp Vendors, Chartered Accountants, Notaries, and Non-Banking Financial Companies (NBFCs) now facilitate the e-stamping in the State of Gujarat.
Also Read: Top 3 tier-II cities for real estate investment in India
Stamp duty in Ahmedabad in 2024 on conveyance deed
The stamp duty/dastavej charges in Ahmedabad, Gujarat is different for different property deeds. Below mentioned is a list of various property deeds in the city and the stamp duty charges they attract-
| Document type | Stamp duty |
|---|---|
| Sale/ Gift Deed | 6 percent |
| Transfer of lease right deed | 3 percent |
| Exchange deed on the value of property | 3 percent |
| Lease deed of 1 to 5 years | 1.50 percent |
| Lease deed of 6 to 10 years | 3 percent |
| Lease deed of 11 to 15 years | 6 percent |
| Lease deed of 16 to 20 years and above | 6 percent |
| Mortgage deed without possession | 1.50 percent |
| Mortgage deed with possession | 3 percent |
| Trust deed | Rs 50 |
| Family settlement | Rs 50 |
| Amendment deed | Rs 5 |
| Relinquishment deed | Rs 50 |
| Redemption deed | Rs 30 |
| Partnership deed | Rs 25 |
| Decree | 1.50 percent |
| GPA | Rs 15 |
| SPA | Rs 5 |
| Adoption deed | Rs 40 |
| Sub GPA | Rs 15 |
For first-time homebuyers, calculating variable charges, such as registration fees and stamp duty, can be cumbersome. To help you with the tax computation and assess the exact amount payable, 99acres brings an online stamp duty calculator. To check the stamp duty payable on your property purchase, click here. Also, only use official government portals for online payment of stamp duty and registration fees to avoid fraud.
Stamp duty and registration charges payment in Ahmedabad: Offline Process
The property buyers in Ahmedabad can pay stamp duty and registration charges via both offline and online methods. The offline process includes two methods, namely franking centres and stamp papers, explained below:
- Franking Centre: While purchasing a property in Ahmedabad, a homebuyer can visit the nearest franking centre or a bank branch for the payment of stamp duty and registration charges in Ahmedabad
- Stamp Papers: The homebuyers may also connect with an authorised stamp seller and buy the stamp papers for the payment of stamp duty and registration charges in Ahmedabad
Stamp duty charges on property transfer within the family in Ahmedabad
Per the latest Gujarat High Court judgement, State revenue authorities are prohibited from levying stamp duty on property transactions within the family. According to the judgement, if the property owner transfers the property to one of their family members, the revenue authorities of Gujarat cannot levy stamp duty on the transaction.
The circular released by the High Court stated that any ancestral property where the initial buyer of the property is not alive can be relinquished, and the property transfer can be done on Rs 300 stamp paper. Furthermore, the stamp duty will be exempted from such a transaction.
Implications of not paying stamp duty and registration charges in Ahmedabad, Gujarat
Per the Indian Stamp Act 1899 and Registration Act 1908, a buyer must pay stamp duty and registration charges on a property purchase. Failing to do so can result in 200 percent of the total deficit amount and two percent per month as a penalty.
What factors impact the stamp duty in Ahmedabad, Gujarat?
There are multiple factors that impact the stamp duty in Ahmedabad, Gujarat. Here’s a look at these factors:
- Property’s market value: It is considered a crucial factor that impacts the stamp duty in Ahmedabad. The higher the property's market value, the higher will be the stamp duty for the property
- Property’s Nature: The nature of a property (residential, industrial or commercial) influences the stamp duty for a property in Ahmedabad. The residential properties will attract a bit higher stamp duty as compared to the commercial or residential properties
- Property Size: The stamp duty value and property size are directly proportional. A property having a bigger size will attract a higher stamp duty and vice versa
- Buyer’s Gender: A male homebuyer needs to pay higher taxes while purchasing a property in comparison to a female homebuyer. This is because women female owners are exempted from the registration charges
- Buyer’s Age: The stamp duty also depends on the age of the buyer. Generally, senior citizens need to pay less stamp duty on a property purchase
