Stamp Duty Rates - Department of Registration &
Stamps, Maharashtra
A. Document assessed with Stamp Duty, on the basis of Market Value* of immovable property
Sr. Nature of Location wise, Stamp Duty required to be paid on the
No. Document market value of property mentioned in the document. Exception
2 3(A) 3(B) 3(C) 4
Area under
MMRDA, Municipal
Municipal Corporation and For Rural or other
Corporation area adjoining areas [area not covered
and adjoining Cantonment and under column 3(A) and
cantonment area influence zone* 3(B)]
Agreement to
1 Sale 5% 4% 3% -
Sale Deed /
Conveyance
2 Deed 5% 4% 3% -
Remark - For Sale Deed/Conveyance Deed, apart from the stamp duty payable as above, 1% additional
surcharge in the form of Stamp Duty is levied for the concerned Local Body where the subject property is
located, except for Mumbai and Mumbai Sub-Urban District.
Agreement to
Lease / Lease
3 Deed 5% 4% 3% -
Clarification: In Lease Deed, the market value is correlated to the period of lease, which is explained as follows
-
Amount considered for calculation of Stamp
Period of Lease Duty
Up to 5 Years 10% of Market Value
5 to 10 Years 25% of Market Value
10 to 29 Years 50% of Market Value
More than 29 Years 90% of Market Value
Transfer of
4 Leasehold Rights 5% 4% 3% -
Development
5 Agreement 5% 4% 3% -
2% If Gift Deed is to
the relative
mentioned in the
6 Gift Deed 5% 4% 3% proviso to Article 34
Remark - For Gift Deed, apart from the stamp duty payable as above, 1% additional surcharge in the form of
Stamp Duty is levied for the concerned Local Body where the subject property is located, except for Mumbai
and Mumbai Sub-Urban District.
1
Released Deed
related to
Ancestral
7 Property Rs. 200 Rs. 200 Rs. 200 -
Released Deed
related to other
than Ancestral
8 Property 5% 4% 3% -
Power of Rs. 500/-, if such
Attorney Given Power of Attorney is
to Sale given to a close
Immovable relative without
9 Property 5% 4% 3% consideration.
Rs. 200/-, for
Partition Deed of
10 Partition Deed 2% 2% 2% Agricultural Land.
Clarification - Deducting large share of division, on a total amount of all remaining shares.
11 Exchange Deed 5% 4% 3% -
Clarification - In Exchange Deed, Stamp Duty is levied on one Property which is of a higher value (on Property
for which Stamp Duty is higher).
2% if made for
religious or
12 Settlement 5% 4% 3% charitable purpose
13 Sale Certificate 5% 4% 3% -
2% if made for
religious or
14 Trust Deed 5% 4% 3% charitable purpose
Mortgage Deed 5% of Loan
15 with Possession Amount 4% of Loan Amount 3% of Loan Amount
Remark - For Mortgage Deed with Possession, apart from the stamp duty payable as above, 1% additional
surcharge in the form of Stamp Duty is levied for the concerned Local Body where the subject property is
located, except for Mumbai and Mumbai Sub-Urban District.
Further Charge
16 with Possession 5% 4% 3%
Remark - For, Further Charge with Possession, apart from the stamp duty payable as above, 1% additional
surcharge in the form of Stamp Duty is levied for the concerned Local Body where the subject property is
located, except for Mumbai and Mumbai Sub-Urban District.
Clarification – 1. *Market value means the consideration paid for the property mentioned in the document or
market price of that property if sold in open market, whichever is higher. 2. * Area of influence zone means, the
area of influence shown in the Annual Statement of Rates prepared by the Department of Registration and
Stamps while signing a document. 3. Visit the link - http://igrmaharashtra.gov.in/SB_ACTIVITES/activites_ValuationOfProp.aspx
to know the list of Villages falling in the Influence Zone. However, at the moment the area under Influence
Zone is converted into an urban area, from that very moment the urban area rates become applicable, which
should be noted.
4. Besides the duties quoted in above table, 0.5% additional duty for Nagpur Improvement Trust in the form of
Stamp is levied on Sale, Gift and Usufructuary Mortgage Deeds of properties falling under the jurisdiction of
Nagpur Improvement Trust.
2
B. Documents, where Stamp Duty is based on value mentioned in document and documents on which,
fixed Stamp Duty is payable
Sr.
No. Kind of Document Stamp Duty Chargeable Rate
Deposit of Title Deed Secured up to
1.1 amount of Rs. 5/- Lakhs 0.1% but minimum Rs. 100/-
Deposit of Title Deed Secured for
1.2 amount Rs. 5/- Lakhs and above 0.2% with the maximum of Rs. 10/- Lakhs
Pawn, Pledge or Hypothecation of
Movable Property - for secured
2.1 amount up to Rs. 5 Lakhs 0.1% but minimum Rs. 100/-
Pawn, Pledge or Hypothecation of
Movable Property - for secured
2.2 amount of more than Rs. 5 Lakhs 0.2% with the maximum of Rs. 10/- Lakhs
Mortgage Deed without possession -
on the secured amount by such
3 mortgage deed. 0.5% with minimum Rs. 100/- and maximum of Rs. 10/- Lakhs
Further Charge without possession -
on the further secured amount by
4 such Further Charge 0.5% with minimum Rs. 100/- and maximum of Rs. 10/- Lakhs
A. 0.25% on total amount of license fees to be paid during the
license period and
B. 0.25% considering 10% annual return per year on the amount
of the refundable deposit, for the period of Leave and License or
Leave and License Agreement for the if the deposit is non-refundable on the whole amount of the
5.1 period of up to 5 years deposit.
Leave and License Agreement
5.2 Exceeding 5 years As per the rate is given in article 36 of Lease
Rs. 100/-
Clarification - According to the Circular dated 11/08/20104
Stamp Duty is exempted for affidavits made for Government
6 Affidavit purpose (State or Central Government).
Information Source - www.igrmaharashtra.gov.in
