Stamp Duty and Registration Charges in Mumbai – 2025 Updated Rates

When you buy a property in Mumbai, you must pay stamp duty – a legal tax collected by the state government on property transactions. It serves as official proof that you’ve purchased the property and provides your ownership with legal validity.
Additionally, you pay registration charges, which are required to record the property in your name in the government records. In simple terms, stamp duty and registration charges in Mumbai ensure that your home purchase is legally recognized and protects your ownership rights. Without paying these, your property transaction will not be legally valid in Mumbai.

Before buying a flat or property, it’s essential to know the latest stamp duty and registration rates in Mumbai. These charges vary depending on the buyer’s ownership type (male, female, or joint) and the property’s value. Paying these fees ensures your purchase is legally recorded and recognized by the government.
Here’s the updated list of stamp duty and registration charges in Mumbai:

Disclaimer: The rates and charges mentioned above are based on current government guidelines and may vary depending on location, property type, and applicable state regulations.

Mumbai Stamp Duty and Registration Fees for Different Deeds

Different property deeds attract different stamp duty charges in Mumbai. Here’s a quick overview:

Disclaimer: The rates and charges mentioned above are based on current government guidelines and may vary depending on location, property type, and applicable state regulations.

Stamp duty is calculated as a percentage of the property’s value. The government compares two values: 

• The declared value mentioned in your agreement, and 
• The Ready Reckoner Rate (also called the circle rate) – the government’s minimum set value for that location. 

The higher of the two is considered for the calculation. This ensures the property isn’t undervalued to avoid taxes. 

Formula: 

Stamp Duty = (Higher of Declared Value or Ready Reckoner Value) × Applicable Stamp Duty Rate 

Registration charges are paid separately to record ownership in government records.

• For properties valued below ₹30 lakh, the registration charge is 1% of the property value.
• For properties valued at ₹30 lakh or above, the registration charge is ₹30,000 flat.

Several factors influence the stamp duty charges and registration charges. Understanding these can help you plan your property budget more accurately: 

• Buyer’s Gender: Female buyers pay a concessional rate of 5% (compared to 6% for men). For joint ownership between male and female, the applicable rate is 6.5%
• Location of Property: Charges for transferring property can vary depending on whether it is located within municipal limits or in a suburban or rural area. 
• Ownership Type: Ownership type plays a key role in determining the applicable stamp duty, with different rates for male, female, and joint owners.
• Price of Property: Stamp duty and registration charges are calculated on either the market value or the Ready Reckoner rate, whichever is higher
• Type of Deed Sale, gift, lease, or Power of Attorney deeds attract different percentages.
• Property Type: Charges will also vary for new construction, resale flats, and leased properties, which may have different registration methods and associated fees.

Paying your stamp duty charges in Mumbai is easy and can be done online or offline.

Online Payment

1. Visit the GRAS Maharashtra website and select IGR (Inspector General of Registration).
2. Click “Pay Without Registration” if you’re a new user.
3. Choose what to pay: stamp duty only, registration charges only, or both.
4. Select your district (Mumbai), sub-registrar office, and type of document.
5. Enter the stamp duty and/or registration amount. Registration charges are 1% of the property value or ₹30,000 flat for properties above ₹30 lakh.
6. Fill in property and buyer details, then click Proceed to complete the payment.

Offline Payment

• Stamp Paper: Buy from authorized vendors (for smaller transactions).
• Franking: Visit authorized banks or centers to get the stamp duty affixed to your documents.

After payment, keep the receipt safe – it’s required during property registration.

When purchasing property in Mumbai, you will need to think about some additional expenses such as registration fees and stamp duty when determining the purchase amount. The amount varies depending on any of the following: type of owner, property value, the gender of the buyer, the property’s location, or type of deed.

Understanding how stamp duty charges and flat registration charges in Mumbai work will help you plan your budget properly and prepare better for any surprises at the registration stage of selling a property. 

Whether you choose to pay online or offline, accurately filling out these charges will ensure the legal registration of your property. Always check the current fees of the tax/registration charge on the official government site and consider consulting a lawyer or developer to help confirm your calculations and facilitate the registration process.

Being informed enables you to make informed decisions, making your property buying experience in Mumbai hassle-free.

1. Do stamp duty and registration costs vary by type of deed?
   – Yes. Different property deeds attract different stamp duty charges in Mumbai:

• Power of Attorney (PoA): 5% within municipal limits (3% in Gram Panchayat areas)
• Lease Agreement: 5%
• Gift Deed: 3% (with a nominal fixed ₹200 charge if within family)
  These rates apply in addition to the usual sale deed duties and vary depending on transaction type.

2. Can I pay stamp duty and registration charges online?
   – Yes. You can pay both stamp duty and registration charges online through the GRAS Maharashtra portal (Inspector General of Registration). During online payment, you select your district (Mumbai), sub-registrar office, document type, and enter the payable amounts. Once done, you receive a payment receipt which is required during physical registration. Alternatively, offline methods (such as purchasing stamp papers and franking) are still available.
3. Is stamp duty applicable on under-construction properties in Mumbai?
   – Yes, stamp duty is applicable on under-construction properties in Mumbai. Buyers are required to pay stamp duty on the agreement value or the Ready Reckoner rate, whichever is higher, at the time of agreement registration. Even though the property is not yet complete, stamp duty and registration are mandatory to legally validate the transaction.
4. Who is responsible for paying stamp duty and registration charges—the buyer or seller?
   – In Mumbai, the responsibility of paying stamp duty and registration charges typically lies with the buyer, unless otherwise agreed in the sale agreement. These charges are part of the buyer’s closing costs and must be paid before or at the time of property registration to ensure lawful ownership transfer.