Stamp Duty and Registration Charges in Maharashtra

Stamp duty and registration charges are among the most important expenses when purchasing a property in Maharashtra. Understanding the rates, applicable laws and concessions help homebuyers make informed financial decisions. This blog explains the latest stamp duty and registration charges in Maharashtra for 2025, along with calculation methods, exemptions and tax benefits.

What is Stamp Duty in Maharashtra?

Stamp duty is a tax levied by the state government on property transactions to make them legally valid. In Maharashtra, both stamp duty and registration charges are governed by the Maharashtra Stamp Act, 1958. These charges apply to a wide range of properties, including residential, commercial and agricultural assets.

Paying the correct stamp duty ensures legal ownership of the property and helps avoid disputes in future, while registration charges are additional fees paid to record the property transaction officially in government records. Furthermore, banks will not disburse your Home Loan for purchasing a property unless stamp duty and registration charges are paid or accounted for.

Also Read: Home Loan: All You Need to Know

Maharashtra Stamp Duty Rates and Registration Charges 2025

The Maharashtra Stamp Act defines the applicable stamp duty and registration fee rates for all property-related transactions. Recent amendments have streamlined payment through e-stamping and introduced stricter penalties for underpayment or delay. As of 2025:

• Stamp duty ranges between 5% and 7% depending on the city and gender of the buyer
• Registration charges are typically 1% of the property value, subject to a maximum cap of ₹30,000 for most transactions
• E-payment systems under GRAS have simplified the process for both individuals and developers

These updates have enhanced efficiency, transparency and compliance in the property registration process.

Stamp Duty and Registration Charges by Major Cities in Maharashtra

Rates may differ for properties located in municipal areas versus gram panchayat regions, as local bodies can levy additional surcharges.

Also Read: Stamp Duty and Registration Charges in India (2025)

Stamp Duty on Different Property Deeds in Mumbai

Gift deeds executed between close family members such as parents, children or spouses may enjoy partial or full exemptions as per government rules.

How to Calculate Stamp Duty and Registration Charges in Maharashtra

Stamp duty is calculated on the higher of the property’s market value or ready reckoner rate. The formula is:
Stamp Duty = (Higher of Ready Reckoner Rate or Agreement Value) × Applicable Rate (%)

Registration Charges = Property Value × 1%

Example: If a flat in Pune has an agreement value of ₹80 lakh and a ready reckoner value of ₹85 lakh, the calculation will be based on ₹85 lakh. For a male buyer at 6% stamp duty and 1% registration fee:

• Stamp Duty = ₹85,00,000 × 6% = ₹5,10,000
• Registration = ₹85,00,000 × 1% = ₹85,000
  
  Total payable = ₹5,95,000.

How to Pay Stamp Duty and Registration Fees in Maharashtra?

Homebuyers can pay stamp duty both online and offline:

Online Method (GRAS Portal):

• Visit the official GRAS (Government Receipt Accounting System) website
• Select ‘Inspector General of Registration’ under the department list
• Enter property details, calculate duty and pay via net banking, card or authorised payment gateway
• Download and print the e-Challan as proof

Note: The Maharashtra government has introduced an electronic bond (e-bond) system, allowing citizens to pay stamp duty online and obtain e-stamp certificates without visiting licensed vendors. This initiative aims to improve transparency and convenience in public transactions.

Offline Methods:

• Stamp Paper: Purchase non-judicial stamp papers for the applicable value
• Franking: Get documents franked through authorised banks or vendors
• E-Stamping: Use licensed service providers for quicker and secure processing

Always double-check the stamp duty amount and ensure payment is made before document execution.

Exemptions, Concessions and Rebates on Stamp Duty in Maharashtra

Several concessions and exemptions are available under government schemes to encourage property ownership and transparency. These include:

• Women Buyers: 1% concession on stamp duty rates across Maharashtra
• Senior Citizens: Lower or concessional rates in selected categories
• Gift Deeds to Family Members: Reduced or nil stamp duty when property is transferred to close relatives
• Government Schemes: Specific exemptions for affordable housing and Pradhan Mantri Awas Yojana (PMAY) projects

Always verify the latest notifications from the Department of Registration and Stamps for eligibility.

Tax Benefits & Legal Provisions Related to Stamp Duty and Registration Charges

Under Section 80C of the Income Tax Act (old tax regime), individuals can claim a deduction of up to ₹1.5 lakh on the amount paid towards stamp duty and registration charges when purchasing a new residential property. This deduction is only available

• Applicable only for first-time ownership
• The property must be self-occupied
• Deduction is available in the year of payment

Importance of Stamp Duty and Registration for Home Loan

Stamp duty and registration charges play a crucial role in the home buying process, especially when availing a Home Loan. Paying the correct stamp duty legally validates the property transaction and ensures your ownership is recognised under the law, preventing future disputes.

Registration charges officially record the property in government records, which is essential for legal recognition. Banks consider these payments mandatory and will not disburse your Home Loan unless stamp duty and registration charges are paid. So, understanding and budgeting for these costs is vital for a smooth loan approval and property acquisition process. You can also use a Home Loan EMI calculator to estimate your monthly repayment obligations before finalising the property purchase.

Apply now for a Home Loan with proof of stamp duty and registration payment, and take the first step towards building your dream home.

FAQs

Q.1. What documents are required to pay stamp duty in Maharashtra?

A. You will need the sale deed, identity proof, PAN card, property card and proof of payment for online or offline transactions.

Q.2. Is it mandatory to register property within a specific time after payment?

A. Yes, the property must be registered within four months of stamp duty payment, failing which penalties may apply.

Q.3. Can stamp duty be paid in instalments in Maharashtra?

A. No, the entire stamp duty must be paid in a single transaction before executing the sale or transfer deed.

Q.4. How does gift deed stamp duty differ from sale deed?

A. Gift deeds between family members may qualify for reduced or nil stamp duty, unlike sale deeds which are charged at full rates.

Q.5. What happens if stamp duty is underpaid or unpaid?

A. Underpayment or non-payment attracts penalties, legal action and potential invalidation of the property document.

Q.6. How to check the status of my stamp duty payment online?

A. Visit the GRAS portal, click on the ‘Verify Payment’ option and enter your transaction ID or challan number.

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