Stamp duty rates have been revised i.e. April 2012 as under :-
- For residential as well as commercial units the stamp duty payable is applicable @ 5% of market value of such unit or consideration paid under the agreement, whichever is higher.
- The market value of the Unit is determined on the basis of stamp duty ready recknor issued by government every year on January 1st.
- Further registration fees is payable @ 1% of market value/consideration (whichever is higher) and is capped up to Rs. 30,000/-
