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All about Stamp Duty and Property Registration Charges in Hyderabad

Posted by vbvr on July 14, 2022

While acquiring a property, it is important to consider the charges of stamp duty and property registration in the respective location. Hyderabad is the only housing market in India that has demonstrated a standard rate irrespective of real-estate growth in the past six years. For those seeking to invest in a property in Hyderabad, here in this article we have discussed all the stamp duty and property registration charges, and their costs.

What is Stamp Duty?

Stamp duty is the tax levied by the government when there is a transfer of property from a seller to a buyer. Which is generally calculated as a percentage of the transaction value. Stamp duty charges vary across states. 

Property Registration and Transfer Charges

Buyers generally have to pay 1% of the deal value as a registration charge. Some states also levy a flat rate, based on the property worth. Unlike most states in India, in Telangana buyers have to pay only 0.5% of the property value, this way Hyderabad offers the most affordable property registration charge to buyers.

Apart from stamp duty and registration charges, all buyers are expected to pay 1.5% of the property value as a transfer fee during the time of registration.

The charges of stamp duty, property registration, and transfer charge of properties across corporations and municipalities in Hyderabad.

For instance a person bought a property worth Rs 1 crore in Hyderabad. She will have to pay 4% of the property value as stamp duty and another 0.5% of the property value as a registration fee. She/he will also pay 1.5% of the property value as the transfer charge.

So the total charges will be:

  • Stamp duty = Rs 4 lakhs
  • Registration charges = Rs 50,000
  • Transfer charge = Rs 75,000

Stamp duty and property registration are mandated under the Indian stamp act 1899 mainly to validate the sale of the property and maintain a record of the purchase of a property. At VBVR properties we help our customers with the purchase of property, registration, and document verification with the right guidance and assistance. To know more about charges in Hyderabad or for an inquiry about a property connect with us today.

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