Stamp Duty and Property Registration Charges in Haryana

Without paying the stamp duty and registration charges, a property purchase is incomplete. If you are planning to buy a property anywhere in Haryana, it is important for you to know about the entire registration process mandated by the government.

Apart from area type, the registration charges and stamp duty in Haryana also depend on the type of property deeds. The following sections elaborate on the different stamp duty rates and the amount of registration fees you need to pay while making a property purchase in Haryana.

What Are Stamp Duty Rates in Haryana?

Stamp duty is a government tax that is imposed on all legal property transactions. Stamp papers bought in buyer or seller's name are valid for six months, provided there is no delay in payment of stamp duty.

Section 3 of Indian Stamp Act, 1899, states that it is mandatory for all legal possessions of property.

Read more to know the applicable registration charges and stamp duty in Haryana if you plan to buy a property there.

Present Stamp Duty and Registration Charges in Haryana

The property registration charges in Haryana increased from Rs 15,000 to Rs 50,000 in 2018. The revised cost is applicable on all sale deeds, gift deeds, sale certificates, mortgage deeds, collaboration agreements, lease deeds, exchange deeds, partition deeds and settlement deeds.

Stamp Duty in Haryana as Per Area Type

The table below shows the current stamp duty in Haryana as per area type:

[1]

Jurisdiction	Male	Female
Urban Areas	7%	5%
Rural Areas	5%	3%

However, for properties that have joint-owners, the stamp duty is 6% in urban areas and 4% in rural areas.

Stamp Duty on Different Property Deeds in Haryana

Here are the applicable stamp duty rates in different property deeds –

[2]

Type of Property Deeds	Rural Areas	Urban Areas
Sale, conveyance deed	5%	7%
Gift deed	3%	5%
Exchange deed	6% of the greatest value of one share	8% of the share of the greatest value
General power of attorney	Rs 300	Rs 300
Special power of attorney	Rs 100	Rs 100
Partnership deed	Rs 22.50	Rs 22.50
Loan agreement	Rs 100	Rs 100

How to Calculate Registration Charges and Stamp Duty in Haryana?

Stamp duty in Haryana is calculated based on the circle rate of the locality where the property is situated. If the property's value is more than the circle rate, the buyer has to pay higher stamp duty. And if the property is registered at a value less than the circle rate, stamp duty is calculated per the circle rate.

Circle Rate	₹ 60,000
Flat Size	1,500 sq.m
Total Value	₹ 9,00,00,000
Stamp Duty	5% of ₹ 9,00,00,000 = ₹ 4,500,000

Calculating property registration charges in Haryana is also easy.

Property Cost	₹ 20,00,000
Registration Fees	1% of ₹ 20,00,000 = ₹ 20,000

Steps to Use a Stamp Duty Calculator

Buyers can also visit the Haryana Jamabandi website to calculate the stamp duty.

Step 1: Enter the transaction value of the property.
Step 2: Then, select your Municipality Limit.
Step 3: Select the gender and click on “calculate”.

How to Pay Stamp Duty and Registration Fees in Haryana?

Buyers can pay stamp duty and registration fees in Haryana online and offline.

Online Procedure

To pay registration charges and stamp duty online, follow these steps -

Step 1: Visit the official website of the National Government Service Portal.
Step 2: Click on Haryana e-Stamping and fill in the first party details, i.e., details of a person in favor stamp duty will be paid and the property address in the address column.
Step 3: Then write the name of the first party and second part.
Step 4: Choose the category of stamp paper, from the amount list select the amount.
Step 5: After reviewing the form, finalize the payment.

Offline Procedure

Alternatively, buyers can buy stamp papers worth more than Rs 10,000 from the treasury office. Then, all you have to do is deposit the amount in the State Bank of India under head '0030-Stamp and Registration'.

Points to Consider before Paying Stamp Duty in Haryana

Here are the points you need to keep in mind before paying the stamp duty in Haryana -

All properties applicable for stamp duty must be stamped before registration or the next working day from the day of execution. Property deeds executed outside the territory can be stamped within 3 months. Here, execution means signatures of both parties involved in the transaction.
The stamp paper must be in the name of individuals involved in the transaction.
The date of issued stamp paper must not be more than 6 months from the transaction date.
Stamp duty in Haryana can be paid via adhesive stamps. This adhesive stamp is removed during the execution time so that it cannot be reused.

What Are the Factors That Affect Stamp Duty Rates in Haryana?

The factors affecting the stamp duty in Haryana are as follows -

The stamp duty on any property is decided on the basis of its age (old or new).
Another factor is the jurisdiction under which the property falls, such as urban, rural or suburban areas.
Usage of the property is also taken into consideration while calculating the stamp rate.

Are Tax Benefits Available on Stamp Duty and Registration Charges?

Answer to this question is a big ‘YES’. According to Section 80C of Income Tax Act 1961, stamp duties and registration charges are eligible for a tax deduction. Maximum tax deduction limit for this criteria is Rs 1,50,000.

Things to keep in mind while applying for these tax benefits –

Tax benefits can only be availed in the year actual payment is made towards these expenses.
Construction of the property is complete, and you are the legal owner of the property.
Tax benefits can only be availed on new residential properties. Therefore, commercial property, residential plots and related property are not eligible for these tax deductions.
Tax deduction for co-owners in joint ownership is based on their share in the property. However, maximum deduction limit remains the same, i.e. Rs 1,50,000.

Buying a property is one of the most significant financial decisions for anyone. However, not having any legal evidence for ownership of the property makes it vulnerable. Stamp papers are the solution to this problem.

Frequently Asked Questions

All

Is it necessary to include a full description of the property in the documents?

Yes, it is necessary to incorporate full details of the property, including the map/pan/details of adjoining houses or streets etc., to the boundaries of the property to which the documents are related.

Is GST applicable on stamp duty in Haryana?

No, GST is not applicable on stamp duty as both are two different taxes.