- 3 weeks ago
- Real Estate
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Summary
Similar to other cities in the nation, stamp duty and registration charges are imposed on real estate transactions in Ahmedabad. However because these costs depend on several variables, investors and purchasers pay different prices. The Gujarati government is responsible for imposing and overseeing Ahmedabad’s stamp duty and registration charges.
- Stamp Duty And Registration Charges In Ahmedabad
- Stamp duty in Ahmedabad varies based on land use. Here are the details
- Stamp duty on Conveyance Deeds in Ahmedabad
- Stamp Duty on Residential Property
- Calculate the Stamp Duty and Registration Charges in Ahmedabad
- List of Documents for Property Registration in Ahmedabad
- How to Pay Stamp Duty and Registration Charges in Ahmedabad
- How to Make an Offline Payment for Registration Fees and Stamp Duty in Ahmedabad
- Conclusion
Stamp Duty And Registration Charges In Ahmedabad
The stamp duty rates for both agricultural and non-agricultural lands, different conveyance deeds, the most recent fees associated with family property transfers, and registration fees in Ahmedabad are included in this section:
Stamp duty in Ahmedabad varies based on land use. Here are the details:
Stamp Duty Rate | Percentage |
---|---|
Agricultural land | 4.9% of consideration value or market value (Whichever is higher) |
Non-agricultural land | 4.9% of the market value |
Recent rulings from the Gujarat High Court have made it illegal for state revenue officials to impose stamp duty on family property transfers. The ruling states that the Gujarati revenue authorities are not allowed to impose stamp duty on transactions that involve the transfer of property to a member of the property owner’s family.
The High Court’s circular states that any ancestral property may be handed up when the original buyer is no longer alive and may be transferred using Rs 300 stamp paper. Stamp duty will also not be charged on this type of transaction.
Stamp duty on Conveyance Deeds in Ahmedabad
Document Type | Stamp Duty Rate |
---|---|
Sale/Gift deed | 4.90% |
Transfer of lease | 4.9% of market value |
Mortgage deed without possession | 0.35% up to 10 crores; 0.70% above 10 crores (maximum limit 11.2 lakhs) |
Mortgage deed with possession | 4.9% consideration amount |
Relinquishment deed | Rs 50 |
Power of Attorney | Rs 300 |
Adoption deed | Rs 200 |
Stamp Duty on Residential Property
Gender | Percentage |
---|---|
Male | 1% |
Stamp duty on property in Ahmedabad for female | 0 |
For joint (Male and female) | 1% |
For joint (Female and female) | 0 |
Women are exempt from the Ahmedabad registration requirements offered by the Gujarat State Government. In Ahmedabad, it encourages people to register solely under the name of a female member, to empower women. In addition to this property registration, homeowners must pay the following certain extra fees:
- By the government’s modifications, the buyers must pay folio fees, which are 10Rs.
- 50Rs for each copy for the index cost.
- Support costs.
Stamp duty on commercial property in Ahmedabad, which is 4.9% of the property’s market value. That includes:
- Standard stamp duty: 3.5%
- 4.0% of the basic stamp duty is the 1.4% surcharge.
Calculate the Stamp Duty and Registration Charges in Ahmedabad
To make a straightforward property appraisal in the state of Gujarat, you must join the gArvi portal. Here is a detailed guide on how to figure out Ahmedabad’s stamp duty and registration charges.
Step 1: Go to the gArvi portal at https://garvi.gujarat.gov.in/
Step 2: Select the calculator option on the homepage. The next tab will open when you do that.
Step 3: Choose the “Stamp Duty calculator” in the current window to get the stamp duty on real estate in Ahmedabad, and then choose the “Registration Fee Calculator” option to find the “Registration charges in Ahmedabad.” After selecting the stamp duty calculator, the drop-down menu below will appear.
Step 4: Pick the article from the list and click ‘Calculate Stamp Duty’ to proceed. The stamp duty rates in Ahmedabad will be displayed.
Related to read: What are the Property Registration Process In India
List of Documents for Property Registration in Ahmedabad
A property must be registered under the Gujarat Registration Act; otherwise, it will be deemed unlawful. The following is a list of documents needed to register real estate in Ahmedabad.
- Evidence of ownership rights.
- Talk about the evidence.
- a required document bearing both parties’ signatures and data.
- Both the vendor and the buyer must present valid identification.
- If the document falls under Gujarat Stamp Act, 1958, Sector 32 A, then use application form number 1.
How to Pay Stamp Duty and Registration Charges in Ahmedabad
Real estate buyers in Ahmedabad have the option to pay stamp duty and registration costs online or in person. The steps to take online are as follows:
Go to the gArvi portal of the Government of Gujarat’s Inspector General of Registration at https://garvi.gujarat.gov.in/.
- Log in or register with your credentials.
- Decide whether to pay the registration costs and stamp duty.
- Put the transaction value and property details here.
- Make sure the information is correct and upload the required supporting files.
- Download the payment receipt and acknowledgment after paying using UPI, a debit or credit card, or online banking.
How to Make an Offline Payment for Registration Fees and Stamp Duty in Ahmedabad
- Proceed to the local sub-registrar’s office or the nearest franking hub.
- Fill up the forms required for stamp duty and registration costs.
- Assign the appropriate supporting documentation, including identification documents and the sale deed.
- Pay the expenses at the designated counter using cash, a demand draft, or a check. Following that, obtain the acknowledgment and payment receipt.
Conclusion
To sum up, to get your sale or purchase of real estate recorded in the government’s records, you must pay the stamp duty and registration charges in Ahmedabad. In Ahmedabad, failure to pay stamp duty on property can lead to property disputes and potential legal problems. Additionally, the state revenue agency updates the same record. Additionally, you can now pay Ahmedabad’s stamp duty and registration costs online and offline thanks to technological improvements.