What is the stamp duty rate in Pune?
Stamp duty is a mandatory expense during the property transaction. It is based on the ready reckoner rates. Homebuyers must also pay registration charges besides paying the necessary stamp duty. These charges are additional costs that must be accounted for while purchasing a property. Hence, it is imperative to gather information about the same before applying for a home loan to avoid financial inconvenience later.
| Stamp duty and registration charges in Pune as per gender | ||
| Category | Stamp duty charges | Registration charges |
| Male | 7% (Stamp Duty 5% + Metro Cess 1 % + Local Body Tax 1%) | 1% - For properties below Rs. 30 lakh Rs. 30,000 - For properties above Rs. 30 lakh |
| Female | 6% (Stamp Duty 4%+ Metro Cess 1 %+ Local Body Tax 1%) | 1% - For properties below Rs. 30 lakh Rs. 30,000 - For properties above Rs. 30 lakh |
| Joint (Male+Female) | 6.50% | 1% - For properties below Rs. 30 lakh Rs. 30,000 - For Properties above Rs. 30 lakh |
The stamp duty is 7% for men, 6% for women, and 6.5% for joint property owners in Pune. For convenience, calculate the stamp duty and registration charges by using Bajaj Finserv’s stamp duty calculator.
Stamp duty as per area type in Pune
Areas |
Stamp Duty (% of the market value) |
Within the boundaries of a Gram Panchayat |
4% |
Within the boundaries of Municipal Corporation/ Panchayat/ Rural Area under the Mumbai Metropolitan Region Development Authority |
5% |
Within the boundaries of Municipal Corporation/ Cantonment area added to it |
5% |
