Stamp Duty and Registration Charges in Hyderabad 2024
Published date: Oct 09, 2024

Everything About Stamp Duty and Registration Charges in Hyderabad 2024

by Godrej Properties Limited

8.7K

Hyderabad has become a major real estate hub due to its rapid infrastructure development, growing IT sector, and affordable property rates. The city offers attractive residential options, from affordable flats to luxury villas, making it appealing to both first-time buyers and investors. On the commercial front, Hyderabad’s booming office spaces and retail sectors are driven by an influx of tech companies and multinational corporations. Stamp duty is typically 4%, while registration and transfer duties are 0.5% and 1.5%, respectively. To complete property registration, these charges must be paid, ensuring ownership rights are legally transferred. 

Stamp Duty in Hyderabad 2024

Stamp duty in Hyderabad is a tax imposed by the state government on property transactions. In Hyderabad, the stamp duty charges is currently set at 4% of the property’s market or sale value. It is one of the main costs associated with purchasing property, serving as proof of ownership and the legal transfer of the asset. The duty is paid during property registration and varies based on the type and location of the property. 

Stamp Duty and Registration Charges in Hyderabad 2024

The total cost of registration and stamp duty charges in Hyderabad includes several components:

●   Stamp Duty: 4% of the property value.

●   Transfer Duty: 1.5% of the property value.

●   Registration Fee: 0.5% of the property value.

These charges together form a significant part of the overall cost of buying a property. These fees are mandatory for legalising property transfers and protecting ownership rights. 

How to Calculate Stamp Duty and Registration Charges in Hyderabad

To calculate registration charges and stamp duty in Hyderabad, follow this formula:

●   Stamp Duty = 4% of the property’s market value.

●   Transfer Duty = 1.5% of the market value.

●   Registration Fee = 0.5% of the market value.

For example, if a property is valued at ₹50 lakhs, the calculation would be:

●   Stamp Duty: ₹2,00,000

●   Transfer Duty: ₹75,000

●   Registration Fee: ₹25,000

●   Total charges = ₹3,00,000. 

How To Pay Stamp Duty Online in Hyderabad?

You can pay Hyderabad stamp duty online through the Telangana Registration and Stamps Department portal. Follow these steps:

1.  Visit the official registration portal.

2.  Choose the 'Online Services' tab and select 'E-Stamping.'

3.  Fill in the required property and buyer details.

4.  Calculate the applicable stamp duty based on the property value.

5.  Proceed to payment using your preferred method (net banking, debit/credit card).

6.  Once the payment is made, you'll receive an e-challan, which you must submit during property registration.

Read More: Flats Registration Charges in Hyderabad

Factors Affecting Stamp Duty Charges in Hyderabad

Several factors influence the stamp duty charges in Hyderabad:

  • Property Value: Higher-value properties attract higher stamp duty.
  • Property Type: Residential, commercial, and agricultural properties may have different stamp duty rates.
  • Location: Urban areas may have higher stamp duty rates than rural areas.
  • Owner’s Gender: In some cases, women are offered lower stamp duty rates to encourage property ownership.
  • Usage of Property: Commercial properties typically incur higher stamp duty than residential ones.

Read More: All you need to know about Stamp Duty in India

The Final Word 

Stamp duty and registration charges are essential costs when buying property in Hyderabad. These charges are based on a percentage of the property’s market or sale value and are paid to the government to legalise property transfers. This has led to steady demand for both residential and commercial properties, with an expectation of property value appreciation. 

Frequently Asked Questions

How to calculate stamp duty and registration charges in Hyderabad?

Ans. To calculate stamp duty and registration charges in Hyderabad, stamp duty is 4% of the property's market value, transfer duty is 1.5%, and the registration fee is 0.5%. For example, on a property valued at ₹50 lakhs, the total charges would amount to ₹3,00,000, covering all these components.

What are the registration charges for flats in Hyderabad in 2024?

Ans. In 2024, the registration fee for flats in Hyderabad is 0.5% of the property value. This is in addition to the stamp duty (4%) and transfer duty (1.5%), forming the total cost required to register the property.

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