Stamp duty and property registration charges in Ghaziabad

Stamp duty charges are levied on all property-related transactions. These charges vary from state to state. In Ghaziabad, male and female owners are expected to pay different stamp duty charges. Properties owned by male owners attract stamp duty at 7% of the property value. On the other hand, properties owned by female owners attract stamp duty at 7% of the property value minus Rs. 10,000.

What are some of the factors that determine stamp duty Charges?

Having understood how stamp duty charges impact potential home buyers in the city, let us understand what factors play a role in determining the charged in Ghaziabad.

Age of the property

In Ghaziabad, much like in any other place in India, older properties are cheaper than newer properties. Thus, older properties attract lower stamp duty charges than newer properties.

Age of the owner

In Ghaziabad, senior citizens get a rebate on the stamp duty to be paid, in contrast to their younger counterparts.

Gender of the owner

In Ghaziabad, women are made to pay lower stamp duty than males. However, the difference isn't much -- women pay Rs. 10,000 less on all property-related transactions as stamp duty.

Type of property

In Ghaziabad, commercial properties attract higher stamp duty than residential properties.

Location of property

Properties located in the city centre are more expensive and therefore, attract higher stamp duty. On the other hand, properties located on the outskirts attract lower stamp duty by the same logic.

Amenities

Buildings with better amenities, such as a swimming pool, gym, basketball court, etc., attract higher stamp duty than buildings with basic amenities.

Properties in Ghaziabad attract registration fees at flat 1% of the total value of the property. It does not matter whether you are a man or a woman, you must pay 1% as a registration fee. So, if you are buying a property worth Rs. 50 lakh, you will have to pay Rs. 50,000 as registration fee, irrespective of your gender.

How is stamp duty calculated in Ghaziabad?

Stamp duty varies by gender in Ghaziabad. Men are supposed to pay higher stamp duty than women in the city.

The stamp duty in Ghaziabad stands at 7% for male owners and 7% of the total property value minus Rs. 10,000 for female owners. So, if Mr Dinanath is buying a property worth Rs. 50 lakh in Ghaziabad, he must pay Rs. 3,50,000 as stamp duty. However, if he buys the property in his name, he must pay Rs. 3,40,000 as stamp duty. You can always use the stamp duty calculator. The calculator becomes even more useful if you are planning to take a home loan.

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