Stamp Duty & Property Registration Charges in Hyderabad

stamp duty and registration charges in hyderabad — (Source: housing.com)

Buying a house is one of the most important decisions anyone makes. Total amount of a property depends on so many factors, one of which is stamp duty.

If you are looking forward to buying any property in Hyderabad, read the full article to know the current stamp duty and registration charges in Hyderabad.

What Are the Stamp Duty Charges in Hyderabad?

The stamp duty in Hyderabad has not changed since 1st April 2013. Stamp duty is 4% for properties that fall under Municipalities and Corporations. The figures remain the same for other areas in the case of apartments. Stamp duty rate is 5% for GPA and sale agreements.

Present Stamp Duty and Registration Charges in Hyderabad

Current stamp duty and registration charges in Hyderabad are as follows –

Stamp Duty in Hyderabad for Men, Women and Joint Owners

Gender	Stamp Duty Rate	Registration Charge
Men	4% of property value	0.5% of total property value
Women	4% of property value	0.5% of total property value
Joint owners	4% of property value	0.5% of total property value

Stamp Duty in Hyderabad as Per Area Type

The table below shows the stamp duty in Hyderabad as per area type –

Area Type	Stamp Duty	Registration Charge
Municipalities and Corporations	4% of property value	0.5% of total property value
Other Areas	4% of property value	0.5% of total property value

Stamp Duty on Different Property Deeds in Hyderabad:

Let us now look at the stamp duty and registration charges in Hyderabad on different deeds –

Deed Type	Stamp Duty	Registration Charge
Sale Deed (Gram Panchayat)	5.50% of property value	2.00%
Sale Deed (Other areas)	5.50% of property value	0.50%
Sale Agreement Having Possession	5.50% of property value	0.5% (min ₹ 1,000 and max ₹ 20,000)
Sale Agreement Not Having Agreement	0.50% (not adjustable)	0.5% (min ₹ 1,000 and max ₹ 20,000)
Sale Agreement cum GPA	6.50%, 5.50% (adjustable)	₹ 2,000
Conveyance	5% of property value	0.50%
Sale Certificate	5% of property value	0.50%
Construction/ Development Agreement cum GPA	1% (not adjustable)	0.50% (max ₹ 20,000)
Construction/ Development Agreement	0.50% (not adjustable)	0.5% (min ₹ 1,000 and max ₹ 20,000)

How to Calculate Registration Charges and Stamp Duty for a Property in Hyderabad?

Stamp duty is calculated based on the circle rate and property value. Circle rate is the minimum value at which you can buy a property.

Stamp duty is applicable on a higher property value or circle rate. If the property value is ₹ 50,00,000 and circle rate is ₹ 40,00,000, stamp duty will be calculated on the higher value, i.e. ₹ 50,00,000.

Now, let’s calculate the stamp duty on a property in Hyderabad –

Circle Rate	₹ 35,000 per sq. m
Flat Size	1,000 sq. m
Total Value	₹ 3,50,00,000
Stamp Duty	5.50% of ₹ 3,50,00,000 = ₹ 19,25,000

Calculating the charges of property registration in Hyderabad is also easy.

Property Cost	₹ 40,00,000
Registration Charge	0.5% of ₹ 40,00,000= ₹ 20,000

How to Use A Stamp Duty Calculator?

Individuals can use a stamp duty calculator to avoid the hassle of calculating stamp duty manually and save time. Follow these steps to use a stamp duty calculator -

Step 1 - Visit any website containing a Stamp Duty Calculator.
Step 2 - Select the state where your property belongs.
Step 3 - From the drop-down menu, select your gender.
Step 4 - Enter the price of property for which you want to calculate the stamp duty.
Step 5 - Finally, click on ‘Calculate’, and the applicable stamp duty will appear on your screen.

How to Pay Stamp Duty and Registration Fees in Hyderabad Online?

Individuals can pay the stamp duty and registration charges in Hyderabad online using the following steps –

Step 1 – Visit the official website of the Registration and Stamp Department and look for ‘E-payments’ under the ' Online Services' option.
Step 2 – A new page will open with three options, ‘Document registration e-challan’, ‘Non-registration e-challan’, and ‘Franking services e-challan’.
Step 3 – Once you complete registering yourself, you will receive a twelve digit challan number and a five-digit passcode through SMS.
Step 4 – Then, go to the payment option. Here you can print the passcode and challan number. A disclaimer page will open.
Step 5 - On agreeing to it, you will be redirected to the SBI ePay. Select to pay the charges either online. Select Credit/ Debit card, NEFT or Net banking.

After completing payment, you will receive a 'successful' status message. This website will generate a duplicate challan containing the SBI ePay confirmation reference number. Print this challan and submit its copy and other documents to the sub-registrar at the time of property registration.

How to Pay Stamp Duty and Registration Fees in Hyderabad Offline?

Individuals can pay registration charges and stamp duty offline, either via stamp papers or franking.

What Are the Points to Consider Before Paying Stamp Duty in Hyderabad?

Some essential points to keep in mind before paying stamp duty charges in Hyderabad are –

All properties must be stamped before registration or within the next working day from the day of execution. If a property deed is outside the territory, it should be stamped within three months. Execution, here, means the signature of both parties involved in the transaction.
Date of the issued stamp should not be more than six months from the transaction date.
The stamp paper must contain the name of individuals involved in the transaction.
Individuals can pay stamp duty in Hyderabad using adhesive stamps. These adhesive stamps are removed during execution to avoid reusing stamps.

What Are the Factors That Affect Stamp Duty Charges in Hyderabad?

Various factors affect the stamp duty rates in Hyderabad. Some of which are –

Factors	Effect on Stamp Duty Charges in Hyderabad
Property’s Age	Newer the property, the higher the stamp rate on the property.
Owner’s Age	Selected states provide a rebate on stamp duty for senior citizens.
Nature of Property	Stamp duty on commercial properties is higher than that of residential properties.
Property’s Location	Stamp duty on properties in urban areas is higher than in suburban or rural areas.
Amenities	If a property has more amenities, it will have higher stamp duty.

Are Tax Benefits Available on Stamp Duty and Registration Charges?

According to Section 80C of the Income Tax Act 1961, expenses related to registration and stamp duty charges are eligible for tax deductions. However, the maximum deduction limit is ₹ 1,50,000.

One can claim the tax deductions under following circumstances –

Individuals can claim tax benefits when they make the actual payment in the same year.
Construction of the property is complete, and you are the legal owner of the property.
Co-owners can claim a tax deduction. However, the maximum deduction limit remains the same as ₹ 1,50,000.
If there is a property transfer within five years of purchase, you have to pay the tax in the assessment year when you transferred the property.

Therefore, before buying any property in Hyderabad, make sure to check the stamp duty and registration charges in Hyderabad. These entities have an essential role to play in deciding the final value of the property.

Frequently Asked Questions

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How to pay stamp duty in Hyderabad?

Individuals can pay stamp duty at the sub-registrar's office. Alternatively, you can also pay the amount by visiting Telangana’s online Registration and Stamp Department.

What is the stamp duty in Hyderabad?

Buyers need to pay a stamp duty of 4% of the property's value, irrespective of gender.