For residential as well as commercial units, the stamp duty payable is applicable at 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 reckoner issued by government every year on January 1st. Further registration fees is payable at 1% of market value/consideration (whichever is higher) and is capped up to Rs. 30,000/-
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