Stamp Duty & Property Registration Charges in Delhi

23 MAY, 2023

If you are looking to purchase a property in Delhi, it would be best to know the stamp duty and property registration charges. Payment of stamp duty is must to prove your property ownership before a court of law. Here is a brief guide to help you with stamp duty payment and property registration in Delhi.

Latest Updates on Stamp Duty and Registration Charges in Delhi

Stamp duty is a tax that is levied on the transfer of property from a seller to buyer. It is imposed by the state government. Hence, the stamp duty charged in Delhi is different from other states. The process of property purchase is not completed until you pay the stamp duty. Only when you get your property registered and pay the stamp duty, you get the legal ownership of a property. Stamp duty is levied on all kinds of properties. Be it under construction or newly completed property, freehold or leasehold units, agricultural and non-agricultural land, residential houses and commercial units.

How is Stamp Duty in Delhi Calculated?

Stamp duty is based on the market value of your property. It is a specific percentage of the property value, which is determined by the Department of Revenue in Delhi. Usually the officials refer to the ready reckoner to fix the property value. A ready reckoner, also called the circle rate is the minimum rate notified by the government for the property and is revised from time to time. The circle rate can differ from locality to locality within a state. The stamp duty is also based on factors like location of the property, gender of the owner, usage of the property, etc. In Delhi, the consideration value for stamp duty is the market value or the circle rate of property applicable in the area, whichever is higher.

Calculating the Delhi property registration and stamp duty if you are a  woman is a simple process. Let's say you have purchased a property worth ₹10,00,000. The property registration charges in Delhi would be 1% of ₹10,00,000, which amounts to ₹1000. The stamp duty in Delhi for the same property would be 4% of ₹10,00,000, which amounts to ₹4000.

Current Stamp Duty Rates in Delhi

The stamp duty rate in Delhi is as follows -

• For male buyers - 6%
• For female buyers - 4%
• For joint ownership - 5%

Key Factors Determining Stamp Duty Charges in Delhi

Various factors influence the property registry in Delhi. These factors include the dimensions of the property, the age and gender of the owner, and the type and location of the property (whether it is commercial or residential). The registration fees vary depending on these factors and can significantly impact the overall property registration cost.

Other factors, such as the purpose of the property (i.e., for personal or business use) and the current market value, may also affect the registration fees. It is essential to carefully consider all of these factors when calculating the total cost of registering a property in Delhi. You can quickly check the stamp duty rate in Delhi with a stamp duty calculator Delhi.

How to Pay Stamp Duty in Delhi?

Unlike other states, there is no option of paying the stamp duty through offline channels in Delhi. You would have to go through the e- stamping process. You can pay the stamp duty in Delhi through the official portal of the Stock Holding Corporation of India Limited (SHCIL), www.shcilestamp.com. It is the authorized agency for e- stamping across India.

Property Registration in Delhi

• Step-by-step guide to property registration

Step 1: Firstly, estimate your property's value based on the circle rates applicable in your area.

Step 2: Purchase non-judicial stamp papers of the calculated value arrived. These papers can be obtained online from www.shcilestamp.com or in person from licensed stamp vendors.

Step 3: Prepare the deed and type it on the stamp papers. The nature of the transaction will determine the act's contents, whether it's a sale, lease, mortgage, power of attorney, etc.

Step 4: Both parties involved in the transaction, accompanied by two witnesses, must visit the Sub-registrar's Office to register the deed. Each person should carry their respective photographs, identification documents, etc.

Step 5: Once the house registry charges in Delhi and the sale deed are done, you will receive a receipt. After about two-seven days, you can revisit the Sub-registrar's Office to collect the sale deed.

Step 6: After registering the original sale deed, you can verify the act using the registry charges in Delhi details and date from the Registrar's Office.

Documents required for property registration in Delhi

• Encumbrance certificate
• Original property documents with all the required signatures
• Complete details of the property, such as survey number, surrounding land details, size, etc.
• ID and address proofs of the seller, buyer, and witnesses, such as PAN Card and Aadhar Card
• Power of attorney, if applicable
• The deed or document that needs to be registered

Timeline for property registration in Delhi

The registration of a property document must be completed within four months from the date of its execution. Failure to do so will result in a penalty and further delay in the registration process.

Consequences of Delayed Property Registration in Delhi

The penalty for late property registration typically ranges between 100% to 300% of the registration fee. However, in some cases, the penalty may also be equal to the maximum registration amount allowed by law.

The property registration fee is another payment you must pay over the stamp duty. Once you have paid the stamp duty, you can pay the registration fee and get your property registered with a sub-registrar.

You can complete property registration in Delhi through the portal https://doris.delhigovt.nic.in/

 Read Also: Stamp Duty and Registration Charges in Hyderabad, Telangana

What is E-Stamping System in Delhi?

E-stamping is a modern way of paying non-judicial online stamp paper Delhi for property to the government online. The traditional methods of paying stamp duty charges, such as physical stamp duty charges in Delhi and franking, have been replaced by online stamping.

How to Register for E Stamp Paper in Delhi?

• Get the correct value e stamp paper Delhi from SHCIL/ACCs.
• Book an appointment on the revenue department website or at the Sub-Registrar office.
• Visit with appointment slip and swipe card.
• Present documents to the facilitator and make necessary changes.
• Wait for a turn and present before Sub-Registrar.
• Proceed to the Biometric Division for fingerprinting and photographs.
• Collect receipt after acceptance by Sub-Registrar.
• Exit using a swipe card and drop at a designated place.
• Delivery of documents at the Delivery Counter between 3 pm to 5 pm.

Stamp Duty & Registration Charges In Delhi FAQs’s

What are the documents required to pay for property registration in Delhi?

• Identity proof
• Address proof
• No Objection Certificate
• Sale deed
• Self-attested PAN card copy
• 2 passport-size photos

When can you register your property?

Once you have paid the stamp duty, you can book an appointment with the sub-registrar by logging into srams.delhi.gov.in to initiate the registration process.

What are the registry charges in Delhi?

1% of the sales deed + Rs 100 as pasting fee. 

Thus, you should definitely be aware of the stamp duty and registration charges before applying for a home loan and purchasing a property in Delhi.

What are the residential property registration charges in Delhi

The registration charges in Delhi for properties located in NDMC areas differ between male and female owners, with males charged 5.5% and females demanded 3.5%. Meanwhile, properties situated in Delhi Cantonment Board areas have a fixed stamp duty of 3%.

What to check before buying a flat in Delhi?

The following are essential property documents to review before purchasing property:

• The Sale Deed
• The Mother Deed,
• Land-use-certificate,
• Sale and Purchase Agreement,
• Building Approval Plan,
• Encumbrance Certificate,
• Possession Letter,
• Completion Certificate.

What is the validity of e stamp paper in Delhi?

Stamp papers don't have an expiration date and can be used indefinitely. However, if you wish to seek a refund for the value of the Delhi stamp act, you must do so within six months of its purchase. It's important to note that this stipulation only applies to seeking a refund, not to use the stamp paper itself.

Are Tax Benefits Available on Stamp Duty and Registration Charges?

A maximum tax benefit of up to Rs. 1,50,000 is allowed under section 80C for stamp duty and registration fees. If the property has joint owners, each owner can claim tax benefits for their share, subject to the maximum limit of Rs. 1,50,000.