The home buying process is incomplete until you get it registered with the respective municipal authority. A property registered in the name of the owner is considered safe as nobody can infringe the asset. To register a property, owners must pay stamp duty and registration charges to the Registration and Stamp Department of the State. These charges are based on the property price registered or the circle rates/ready reckoner rate, whichever is higher. The stamp duty and registration charges in Noida are seven percent and one percent, respectively.
Follow this article to determine the stamp duty and registration charges in Noida and Greater Noida in 2024.
Stamp duty in Noida in 2024
| Ownership | Stamp duty rates | Registration fees |
|---|---|---|
| Male | 7 percent | 1 percent |
| Female | 7 percent (minus) Rs 10,000 | 1 percent |
| Joint (Male and Female) | 7 percent (minus) Rs 10,000 | 1 percent |
Stamp duty in Greater Noida in 2024
Similar to what is levied on properties in Noida, the Uttar Pradesh government levies stamp duty and registration charges on all properties located in Greater Noida as well. The rates are mentioned below in the table.
Stamp duty and registration charges in Greater Noida
| Ownership | Stamp duty rates | Registration fees |
|---|---|---|
| Male | 7 percent | 1 percent |
| Female | 7 percent (minus) Rs 10,000 | 1 percent |
| Joint (Male and Female) | 7 percent (minus) Rs 10,000 | 1 percent |
Stamp Duty in Noida and Greater Noida for Women
The latest stamp duty charge applicable for women homebuyers is seven percent. The women homebuyers get a rebate of Rs 10,000 on stamp duty charges in Noida and Greater Noida. However, the registration fee is a percent for both male and female owners.
Stamp Duty in Noida, Greater Noida for Various Conveyance Deed
Other than property registration deeds, the State government applies stamp duty on other instruments. The following are the most common conveyance deeds and instruments:
| Type of Deed | Stamp Duty in Noida/Greater Noida |
|---|---|
| Gift deed | Rs 60 to Rs 125 |
| Will Deed | Rs 200 |
| Agreement Deed | Rs10 |
| Adoption deed | Rs100 |
| Divorce Deed | Rs 50 |
| Notary Document | Rs 10 |
| Special Power of Attorney (SPA) | Rs 100 |
| Bond | Rs 200 |
| Affidavit | Rs 10 |
| Exchange deed | 3 percent of the Transaction Value |
| Lease deed | Rs 200 |
| General Power of Attorney (GPA) | Rs 10-100 |
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How to pay stamp duty in Noida & Greater Noida online in 2024?
The online method for property registration in Noida is easy and hassle-free. For registering the property in Noida, the State government levies one percent of the market price of the property or the transaction value, whichever is higher.
Follow the steps mentioned below to pay stamp duty in Noida or Greater Noida.
Step 1: Visit the official IGRSUP (Integrated grievance redressal system, UP) portal. On the left-hand side of the homepage, select the “Aavedan Karein” (Apply) option to register as a user
Step 2: Once you register yourself, a form will appear requiring you to fill in your property details, such as the property size, area, among others. You will need to attach the necessary documents as proof
Step 3: Using the portal, you will be able to find out the stamp duty for your property in Noida or Greater Noida automatically
Step 4: Save the acknowledgement slip after paying the stamp duty and registry charges in Noida or Greater Noida
After making the online payment, in case you want to request for refund, follow the below mentioned steps.
Stamp Duty and Registration Charges in Noida, Greater Noida: Refund in 2024
Here are the steps to request a refund on stamp duty in Noida and Greater Noida:
Step 1: Log on to the official IGRSUP (Integrated grievance redressal system, UP) portal
Step 2: To access the portal, click on the New Register button
Step 3: Enter your district, mobile number, password and captcha
Step 4: The new screen will allow you to request a refund on stamp duty and registry charges in Greater Noida and Noida
Step 5: If you are an existing user, click the Pre-Register button on the IGRSUP portal
Step 6: In order to complete the stamp duty refund in Noida or Greater Noida, you will need to enter your application ID, password, and captcha code
Know Your Neighbourhood Well
How to find the nearest office to pay stamp duty in Noida & Greater Noida?
Follow these steps to locate your nearest office to pay stamp duty and registration charges in Noida or Greater Noida:
Step 1: Visit the IGRS UP website (https://igrsup.gov.in/igrsup/defaultAction.action).
Step 2: Click the ‘Know your office’ option on the top left side of the homepage.
Step 3: Select the ‘District’, ‘Tehsil’ and ‘Mohalla/Village’ from the dropdown.
Step 4: Enter the ‘Captcha’ and click ‘See the Office’.
Step 5: You will be able to see the nearest office details for payment of stamp duty and registration charges.
Factors impacting the stamp duty in Noida
Multiple factors impact the stamp duty charges in Noida or Greater Noida. Some of important ones are highlighted below:
- Market value of the property: It is among the key factors impacting the stamp duty charges in Noida. If the market value of your property is high, you will need to pay a higher amount of stamp duty, or vice versa. Also, it is important to highlight that stamp duty is applicable to the higher value between market value and the agreement value of the property
- Gender of the owner: If a property is registered in the name of women in India, they get a rebate in stamp duty
- Age of the owner: The State governments, including Uttar Pradesh, offer a subsidized stamp duty to senior citizens
- Location: If the property you plan to buy is in a premium area, you might be required to pay a higher stamp duty. On the other hand, if the property falls under Panchayat limits or is situated on the city’s outskirts, the stamp duty will be on the lower end
- Type of property: Commercial properties attract a higher value of stamp duty as compared to residential properties. This is mainly due to a larger space offered and better features and safety in commercial properties
- Amenities of the property: The government charges an extra registration fee for additional amenities being provided on your property. In Noida, the owners are required to pay an additional fee for more than 20 amenities, including swimming pool, gym, club, lifts, community hall, and sports area, among others
Stamp Duty in Noida, Greater Noida: Documents required
Ensure that you have the following documents ready at hand when registering a property in Noida and Greater Noida:
- Ownership letter: The builder or previous property owner issues this letter to confirm the change of ownership.
- Loan approval letter: If the buyer purchases a property through financing, he must provide relevant documents, such as loan statements and approval letters.
- Address and identity proof: Voter ID, driving license, passport, and Aadhaar Card are some documents used as address and identity proof.
- NOC: For a property bought through financing, the buyer needs to get a No Objection Certificate (NOC) from the bank or financial institution.
- Due clearance certificate: The builder issues this certificate to confirm the clearance of all payments and dues.
- Allocation letter or builder buyer agreement: The builder provides this document to the buyer by outlining the terms and conditions of the property transaction. It has to include information such as possession date, payment schedule and price.
Can you avoid paying stamp duty in Noida, Greater Noida?
Indian Stamp Act 1899 and Registration Act 1908 requires stamp duty to be paid in Noida, Greater Noida, and throughout the country. A failure to pay these fees would invalidate the registration of your property. Additionally, it will result in penalties of two percent per month and up to 200 percent of the deficit.
Things to remember before you pay Stamp Duty in Noida or Greater Noida
Before you pay stamp duty in Noida or Greater Noida, here are some essential points to remember-
- It is ideal to have the stamp paper in the name of the person who is performing the transaction
- Prior to registration or the next working day from the date of execution, all stamp duty-applicable assets must be stamped
- The stamp paper should not be more than six months old from the date of transaction
Stamp duty rates and registration charges in Noida: Latest update
March 2024
On February 19, 2024, the Uttar Pradesh Government made a crucial announcement regarding organising special camps on Sundays to register stalled housing projects in Noida-Greater Noida. This initiative will be extended to the developers who have agreed to clear their dues as per the recalculations under the Amitabh Kant Committee report. The Noida Authority expects to complete the registration of more than 13,000 apartments through these camps. The first camp has been set at the Express Zenith Society in Sector 77, Noida on March 1 and many more are soon to follow in the coming weeks.
June 2022
In a recent update, the Uttar Pradesh government has decided to waive the stamp duty in case a property is transferred to a family member. Until now, a seven percent stamp duty was applicable on such property transactions.
This was a second relief offered w.r.t to stamp duty. Earlier, the Noida Authority announced the stamp duty calculation as per the carpet area of the property. It wrote a letter to the Uttar Pradesh Stamp and Registration Department to charge the homebuyers on the basis of the carpet area of the residential unit and not on the ‘super built-up area’ to enable transparency.
The Uttar Pradesh government also notified revised registration charges for properties across the State and fixed one percent of the property cost as the new registration fee. The one percent fee would be applicable on properties across all budget segments.
The government demands stamp duty and registration fees at the time of registering the property. It is important to know the current stamp duty rates and house registration charges in Noida. Right now, the stamp duty rates in Noida are charged at seven percent. The stamp duty in Noida is levied on all categories of buyers, including males, females and joint property owners (male and female).
The State government has, however, provided a rebate of one percent on stamp duty for female owners in Noida applicable only up to Rs 10 lakh of the property’s total value.
Buying a property in Noida and Greater Noida entails paying stamp duty and registration fees. It protects you from heavy penalties and legalises property ownership. Therefore, it is important that you carefully review the stamp duty and registration cost before investing in these cities.
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