{"id":60611,"date":"2022-06-15T12:56:07","date_gmt":"2022-06-15T07:26:07","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=60611"},"modified":"2026-07-03T12:21:24","modified_gmt":"2026-07-03T06:51:24","slug":"stamp-duty-and-registration-charges-mumbai","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/stamp-duty-and-registration-charges-mumbai","title":{"rendered":"Stamp Duty and Registration Charges in Mumbai 2026 : Complete Guide with Updated Rates"},"content":{"rendered":"\r\n

Buying property in Mumbai involves two mandatory government charges \u2014 stamp duty and registration. These are not optional and they are not the same thing. Most buyers know they have to pay them but very few know the exact rates, what they apply to and how the final number gets calculated before they are sitting at the sub-registrar’s office.<\/span><\/p>\r\n

This guide gives you the current rates for 2026, a clear explanation of how they are calculated and specific sections for resale flats, gift deeds, Navi Mumbai and MMRDA areas so you can budget accurately before you commit to any deal.\u00a0<\/span><\/p>\r\n

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What is Stamp Duty in Mumbai?<\/b><\/h2>\r\n

Stamp duty is a tax you pay to the Maharashtra state government when you buy or transfer property. It is charged as a percentage of the property’s market value or the agreement value, whichever is higher. Without paying stamp duty your transaction cannot be registered and you have no legal title.<\/span><\/p>\r\n

What is Property Registration in Mumbai?<\/b><\/h2>\r\n

Registration is the process of officially recording the property transaction at the Sub-Registrar Office. This is separate from stamp duty and you pay registration charges in addition to stamp duty.<\/span><\/p>\r\n

Stamp Duty and Registration Charges in Mumbai 2026 \u2014 Current Rates<\/b><\/h2>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
\r\n

Buyer Category<\/b><\/p>\r\n<\/td>\r\n

\r\n

Stamp Duty Rate<\/b><\/p>\r\n<\/td>\r\n

\r\n

Metro Cess<\/b><\/p>\r\n<\/td>\r\n

\r\n

Total Effective Rate<\/b><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Male buyer<\/b><\/p>\r\n<\/td>\r\n

\r\n

5%<\/span><\/p>\r\n<\/td>\r\n

\r\n

1%<\/span><\/p>\r\n<\/td>\r\n

\r\n

6%<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Female buyer<\/b><\/p>\r\n<\/td>\r\n

\r\n

4%<\/span><\/p>\r\n<\/td>\r\n

\r\n

1%<\/span><\/p>\r\n<\/td>\r\n

\r\n

5%<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Joint (male and female)<\/b><\/p>\r\n<\/td>\r\n

\r\n

4%<\/span><\/p>\r\n<\/td>\r\n

\r\n

1%<\/span><\/p>\r\n<\/td>\r\n

\r\n

5%<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Joint (both male)<\/b><\/p>\r\n<\/td>\r\n

\r\n

5%<\/span><\/p>\r\n<\/td>\r\n

\r\n

1%<\/span><\/p>\r\n<\/td>\r\n

\r\n

6%<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Gift deed (blood relatives)<\/b><\/p>\r\n<\/td>\r\n

\r\n

3%<\/span><\/p>\r\n<\/td>\r\n

\r\n

1%<\/span><\/p>\r\n<\/td>\r\n

\r\n

4%<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

 <\/p>\r\n\r\n\r\n\r\n\r\n\r\n
\r\n

Property Value<\/b><\/p>\r\n<\/td>\r\n

\r\n

Registration Charge<\/b><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Up to Rs 30 lakh<\/b><\/p>\r\n<\/td>\r\n

\r\n

1% of agreement value<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n

\r\n

Above Rs 30 lakh<\/b><\/p>\r\n<\/td>\r\n

\r\n

Capped at Rs 30,000<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

How to Calculate Stamp Duty and Registration Charges in Mumbai<\/b><\/h2>\r\n

Stamp duty is calculated on the higher of the agreement value or the ready reckoner rate. The ready reckoner rate is the Maharashtra government’s assessed market value updated every year.<\/span><\/p>\r\n\r\n\r\n\r\n
\r\n

Example \u2014 Male buyer, Rs 80 lakh flat: Stamp duty at 6% = Rs 4,80,000 Registration (capped) = Rs 30,000 Total = Rs 5,10,000\u00a0 Example \u2014 Female buyer, same flat: Stamp duty at 5% = Rs 4,00,000 Registration = Rs 30,000 Total = Rs 4,30,000 Saving for female buyer = Rs 80,000<\/b><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

What is Ready Reckoner Rate in Mumbai?<\/b><\/h3>\r\n

The ready reckoner rate is the minimum value at which a property can be registered in Maharashtra. If your agreement value is below this rate, stamp duty is calculated on the ready reckoner rate, not the lower transaction value. This matters in older buildings where transactions happen below market value.<\/span><\/p>\r\n

Stamp Duty on Resale Flat in Mumbai<\/b><\/h2>\r\n

Resale flat stamp duty in Mumbai follows the same rates as new property<\/a>. There is no reduced rate for resale. Stamp duty is charged on the higher of the agreement value or the ready reckoner rate.<\/span><\/p>\r\n