The property rates in Faridabad are on the rise due to its demand in the real estate market, proximity to Delhi, and plus a mix of residential and commercial properties. However, to buy and sell a property in any city, you have to pay Stamp Duty and Registration fees to the government. Now, What are Stamp Duty and registration fees in Faridabad? Stamp duty is a tax the government imposes on legal documents, typically during the purchase or transfer of property. It is calculated based on the property’s value and must be paid to bind the transaction legally. On the other hand, registration charges are fees paid to the government for recording the property transaction in official records. This ensures legal ownership and protects against future disputes. Both these charges vary by state and type of property. For instance, stamp duty in Faridabad can range from 5% to 7%, and registration fees are an additional cost typically calculated as a percentage of the property’s value.
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What are the Stamp Duty and Registration Charges in Faridabad?
Stamp Duty Calculator helps calculate the amount payable for property stamp duty in Faridabad. Stamp Duty depends on the price, type of property, gender, and location of the property. Current rates for stamp duty in Faridabad are 7% for men, 5% for women, and 6% for joint male-female ownership. There are several online stamp duty calculators that can make it easy to calculate the stamp duty and registration charges. Buyers should get advice from experts before investing in any property.
Land and Property Registration Charges in Faridabad
Plot registration charges depend on the value of the property. If the value of the plot or property is high, then the registration charges will also be high. Property registration charges in Faridabad for 2024 are mentioned below:
| Property value | Property registration charge |
| Up to ₹ 50,000 | ₹ 100 |
| ₹ 50,001 to ₹ 5 Lakh | ₹ 1,000 |
| ₹ 5 – ₹ Lakh | ₹ 5,000 |
| ₹ 10 – 20 Lakh | ₹ 10,000 |
| ₹ 20 – 25 Lakh | ₹ 12,500 |
| ₹ 25 Lakh | ₹ 15,000 |
| ₹ 25 Lakh – 40 Lakh | ₹ 20,000 |
| ₹ 40 Lakh – 50 Lakh | ₹ 25,000 |
| ₹ 50 Lakh – 60 Lakh | ₹ 30,000 |
| ₹ 60 Lakh – 70 Lakh | ₹ 35,000 |
| ₹ 70 Lakh – 80 Lakh | ₹ 40,000 |
| ₹ 80 Lakh – 90 Lakh | ₹ 45,000 |
| ₹ 90 Lakh and above | ₹ 50,000 |
Gift Deed Stamp Duty in Faridabad
In Faridabad, the stamp duty on a gift deed varies depending on the relationship between the donor and the donee. When a property is gifted to a blood relative, such as a parent, child, sibling, or spouse, no stamp duty rates are payable. This exemption aims to facilitate the transfer of property among family members without the financial burden of stamp duty. However, if the property is gifted to someone outside the immediate family, the standard stamp duty rates are:
| Documents | Urban | Rural |
|---|---|---|
| Gift Deed | 5 % | 3 % |
Faridabad Stamp Duty Rates
Stamp Duty Rates in Faridabad are different in rural and urban areas. The stamp duty rates are higher in urban areas than in rural areas. Below is the information about the Stamp Duty Rates in Faridabad for both rural and urban areas:
| Gender | Stamp duty rates in urban areas | Stamp duty rates in rural areas |
| Male | 7% | 5% |
| Female | 5% | 3% |
| Joint (male + female) | 6% | 4% |
| Joint (male + male) | 7% | 5% |
| Joint (female + female) | 5% | 3% |
Stamp Duty Charges in Other States
| State | Stamp Duty Charges |
| Maharashtra | Stamp Duty in Maharashtra |
| Gujarat | Stamp Duty in Gujarat |
| Uttar Pradesh | Stamp Duty in Uttar Pradesh |
| Madhya Pradesh | Stamp Duty in Madhya Pradesh |
| Delhi | Stamp Duty in Delhi |
| Haryana | Stamp Duty in Haryana |
| Rajasthan | Stamp Duty in Rajasthan |
| Mumbai | Stamp Duty in Mumbai |
| Gurgaon | Stamp Duty in Gurgaon |
| Pune | Stamp Duty in Pune |
How to Pay Stamp Duty in Faridabad?
Online Process for the Payment of Stamp Duty in Faridabad
Below are the steps that can help you to make the online payment for your stamp duty in Faridabad:
- Visit the official state government website or the e-stamping service provider’s portal, Haryana’s eGTRAS (Online Government Receipts Accounting System) platform.
- Choose the e-stamping option or the online payment of stamp duty.
- Enter required details, such as property details, transaction amount, and parties involved.
- Use the online calculator to compute the stamp duty.
- Select the payment method (net banking, credit/debit card, or UPI) and complete the payment.
- Download and print the generated e-Stamp certificate.
- Attach the e-Stamp certificate with property documents and submit them to the sub-registrar’s office for registration.
Offline Process for the Payment of Stamp Duty in Faridabad
Here are the steps with the help of which you can easily make offline payments for stamp duty in Faridabad:
- Visit the local sub-registrar’s office where the property transaction will be registered.
- Purchase non-judicial stamp paper equivalent to the value of the stamp duty payable from licensed stamp vendors.
- Draft the property transaction document on the purchased stamp paper, ensuring all details are accurately filled in.
- If the stamp duty exceeds a certain amount, pay the balance via a challan at designated banks. You can obtain the challan from the sub-registrar’s office or download it from the state government’s revenue department website.
- Submit the stamped document, challan (if applicable), and other necessary documents (such as identity proofs and property documents) to the sub-registrar’s office.
- The sub-registrar will verify the documents and the stamp duty payment.
- After verification, the sub-registrar will register the property transaction and provide a registration receipt.
- Collect the registered property document from the sub-registrar’s office after a few days.
