Table of Content:
- Factors Affecting Stamp Duty In Andhra Pradesh
- Documents To Register A Property In Andhra Pradesh
- What Is The Stamp Duty In Andhra Pradesh?
- Property Registration Charges In Andhra Pradesh
- Steps To Calculate Stamp Duty In Andhra Pradesh Online
- How To Pay Stamp Duty In Andhra Pradesh?
- Steps To Check The Vendor List Online
- Steps To Pay Stamp Duty In Andhra Pradesh Using SHCIL's Portal
- Exemptions On Stamp Duty In AP
- Refund Of Stamp Duty In Andhra Pradesh
Did you know as per Section 17 of the Indian Registration Act 1908, all the transactions that involve the sale of immovable property need to be registered at the Registrar’s office within six months of execution of the deed? Yes, registering a property is crucial to preserve ownership and prevent any unsolicited fraud. Let’s say if you want to buy a commercial or residential property in Andhra Pradesh, you will need to pay stamp duty in Andhra Pradesh, too.
Keep reading to know the updated property registration and stamp duty charges in Andhra Pradesh and the steps to pay it!
Factors Affecting Stamp Duty In Andhra Pradesh
Here are the factors that affect the stamp duty charges in AP:
Property owner’s age
The stamp duty and property registration charges in AP vary depending on the age of the property owner. For example, the stamp charges are lower for a senior citizen as compared to an average-aged property owner.
Property’s location
The stamp duty and house registration charges in AP may differ based on the location of the property. For example, the stamp charges for a property within municipal limits are lower as compared to any other location.
Property owner’s gender
The stamp duty and property registration charges in AP also depend on the gender of the property owner. Female property owners are given a concession on stamp duty.
Also Read: Meebhoomi 2023: Search Andhra Pradesh’s Land Records
Documents To Register A Property In Andhra Pradesh
Here is a list of documents you need to register a property in Andhra Pradesh:
- Your and the seller’s passport-size photographs
- Voter Id card
- Certified Copy of your sale deed
- Aadhaar card
- Passport
- Aadhaar card
- Latest property register card issued by the Survey Department in your city
What Is The Stamp Duty In Andhra Pradesh?
Here are the stamp duty charges in Andhra Pradesh as per the type of transaction you make:
Transaction Type | Stamp duty charges in AP |
Construction agreement cum G.P.A | 5% |
Development agreement cum G.P.A | 5% |
Development agreement | 5% |
Construction agreement | 5% |
Sale of an immovable property | 5% |
Sale agreement | 5% |
Property Registration Charges In Andhra Pradesh
The property registration charges in Andhra Pradesh depend:
Type of Instrument | Registration Charges |
Sale Deed | 1% |
Gift deed that is given to you by a family member | 0.5% |
Settlement | 0.5 % (Subject to a minimum of INR 1000 and a maximum of INR 10,000) |
Release | 0.5 % (Subject to a minimum of INR 1000 and a maximum of INR 10,000) |
Agreement to sell, construct, or develop an immovable property | 0.5 % (Subject to a minimum of INR 1000 and a maximum of INR 20,000) |
Sale certificate | 0.5% |
Lease | 0.1% |
Conveyance | 0.5% |
Mortgage | 0.1% |
Deposit of title deeds | 0.1% (Subject to a maximum of INR 10,000) |
Note: These are charges based on the transactional value or the market value of the property, whichever is lower.
Steps To Calculate Stamp Duty In Andhra Pradesh Online
The state government has created an online calculator to help you calculate the stamp duty in AP quickly. Follow the below steps to calculate the stamp duty:
Step 1: Visit the IGRS portal of Andhra Pradesh: http://registration.ap.gov.in/chatbot-0.0.1-SNAPSHOT/
Step 2: Click on the duty-free calculator on the homepage
Step 3: Enter the below details:
- Nature of document
- Consideration value
- Land cost
- Structure cost
- Market value
Step 4: Click on the calculate button to display the stamp duty on the screen
Also Read: IGRS AP 2023: Search EC, Market Value, Deed Details Online
How To Pay Stamp Duty In Andhra Pradesh?
There are three ways to pay the stamp duty charges for a property in Andhra Pradesh:
- Franking
- E-stamping
- Stamp-paper submission
Here are a few things to remember while paying stamp duty in Andhra Pradesh:
- You can pay the stamp duty in cash, with a demand draft, or a debit/credit card online.
- You must pay the stamp duty fees at an authorised franking machine if you want to pay via a franking machine.
- You can visit the IGRS portal of Andhra Pradesh to check for the stamp vendor list and franking machine.
Steps To Check The Vendor List Online
The steps to check the vendor list online are as follows:
Step 1: Visit IGRS portal to check the vendor list
Step 2: Scroll down to the find tab on the home page
Step 3: Click on the link showing eStamp - Franking Machine Vendor List
Step 4: Select the registration district
Now you can see the entire list of vendors with authorised franking machines in your district and pay stamp duty in Andhra Pradesh, accordingly.
Steps To Pay Stamp Duty In Andhra Pradesh Using SHCIL's Portal
The state government of Andhra Pradesh has collaborated with SHCIL (Stock Holding Corporation of India) to enable online stamp duty payment.
SHCIL is a public limited company of the Government of India responsible for e-stamping in various states of the country. RBI (Reserve Bank of India) authorises it to receive and distribute relief bonds and savings with nationalised banks. Use the following steps if you want to pay stamp duty and property registration charges in Andhra Pradesh using SHCIL:
Step 1: Visit SHCIL’s official website
Step 2: Select Andhra Pradesh from the drop-down menu showing the list of states
Step 3: Click on the login button appearing on the right-hand side
Step 4: Enter your username and password
Step 5: Enter your property details
Step 6: Pay the required stamp duty charges in AP online by choosing one among the following payment modes:
a. Online banking
b. NEFT
c. Debit/Credit Card
You can also down the following using the SHCIL website:
- List of SHCIL branches in Andhra Pradesh
- List of Sub-registrar offices in Andhra Pradesh
- Stamp vendors list
Exemptions On Stamp Duty In AP
You get an exemption on the registration fee and stamp duty if you use the land for developing solar projects.
Refund Of Stamp Duty In Andhra Pradesh
You can claim a reimbursement of the stamp duty in AP within a maximum of six months of paying it. In case you file a petition within six months, the stamp duty will be repaid after deducting 10% of the gross stamp duty payable.
Here are the steps to get a refund of stamp duty charges in Andhra Pradesh:
Step 1: Send the following details to the District Collector, Sub-Collector, Deputy Collector, R.D.O., or Tahsildar as per Section 2(9) of the I.S. Act:
a. Request for a refund
b. Challan
c. The original receipt provided by the specified bank
Step 2: The sub-registrars will verify whether your challan is valid and whether the receipt has been used or not.
Once the verification is done, they will issue you a certificate. The stamp duty in AP will be refunded based on the certificate issued by the sub-registrar.
Conclusion
We hope this blog helps you find out the details you needed to know about stamp duty in Andhra Pradesh and house registration charges in AP. Bookmark this link and revisit this the next time you plan to buy any immovable property in Andhra Pradesh.