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Stamp Duty And Registration Charges In India

Stamp Duty And Registration Charges In India

Submitted by • September 25, 2020 www.mahindralifespaces.com

When a buyer purchases a property, it is compulsory for them to register it in their name at the registrar’s office. The document of registration certifies the buyer as the legal owner of the property and reduces the chances of fraud in the event of a dispute. During this process, the government charges a fee to the buyer. While registration charge is the cost levied to record property details, stamp duty is the tax imposed on the legal recognition of the documents of the property.

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