Posted By: Shalu Published: 27, Oct 2025

Stamp Duty and Registration Charges in Mumbai

In Mumbai, understanding the costs associated with property transactions is crucial. Here’s a detailed overview of stamp duty and registration charges:

Stamp Duty

• Rate: The stamp duty rate varies based on the property's value and the buyer's gender:
  • Male Buyers: 6% of the property value
  • Female Buyers: 5% of the property value
  • Joint Buyers: Typically charged at the male rate (6%).

Registration Charges

• Rate: The registration charge is generally 1% of the property value, subject to a maximum limit set by the government.

Additional Charges

• Cess and Additional Fees: Be aware of potential additional fees, such as cess or local charges, depending on the property’s location and type.

Example Calculation

For a property valued at ₹1 crore:

• Stamp Duty (for a male buyer): ₹6,00,000
• Registration Fee: ₹1,00,000

Important Notes

• Revised Rates: Rates can change, so it's essential to check the latest updates from the Maharashtra government or consult a legal expert.
• Special Discounts: There may be occasional discounts or exemptions, particularly for women or first-time homebuyers.

For precise calculations and tailored advice, consulting a local real estate expert or legal advisor is highly recommended.