Stamp Duty & Property Registration Charges In Mumbai

A home loan is an amount of money that the buyer of a residential property borrows from a financial institution like a bank or a housing finance company. They will assist you in availing a home loanin Mumbai . A significant part of buying a home is paying stamp duty, a tax levied on documents when the property transfer happens. The state government typically requires this fee, and therefore, the charges of stamp duty also vary from state to state. Apart from the stamp duty charges, registration charges are also applied by the government. If you are a home purchaser in Mumbai, you should know about the stamp duty and registration charges. Registration & Stamp Duty Charges In Mumbai The stamp duty is demanded under the Maharashtra Stamp Duty Act in Mumbai. An additional 1 percent duty is applicable in Mumbai compared to the rest of the state.e. This extra charge was demanded on Mumbai to support different infrastructural ventures. Stamp duty charges in Mumbai are 6 ...