What is the stamp duty rates in Mumbai?
Homebuyers must consider the stamp duty rates and property registration charges before applying for a home loan in Mumbai. Stamp duty rates depend on registered property prices and ready reckoner rates. Individuals consider the highest among these two while calculating it. Look at stamp duty and ready reckoner rates in Mumbai mentioned below.
| Areas in Mumbai | Stamp Duty rates for men | Stamp Duty rates for women | Registration charges |
| Within the municipal limits of any urban area | 6.00% | 5.00% | 1.00% |
| Within the limits of any municipal council/ cantonment of any area within MMRDA/ panchayat/ | 4.00% | 3.00% | 1.00% |
| Within the limits of any gram panchayat | 3.00% | 2.00% | 1.00% |
The registration charges for Mumbai
| City | Stamp duty rates (Male) | Stamp duty rates (Female) | Registration charges |
| Mumbai | 6% (Stamp duty 5% + 1% Metro Cess) | 5% (Stamp duty 4% + 1% Metro Cess) | For properties above Rs. 30 lakh – Rs. 30,000. For properties below Rs. 30 lakh - 1% of the property value. |
The stamp duty rate in Mumbai is 6% for men, 5% for women, 6% for joint owners (male and female), 5% for joint owners (female and female), and 6% for joint owners (male and male). You can skip the manual calculation and use our simple stamp duty calculator. Estimate the accurate stamp duty and property registration charges before finalising a property purchase in Mumbai.
