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Maharashtra Stamp Duty Calculator

Calculate stamp duty, metro cess, local body tax and registration fee for property purchases in Maharashtra. Covers Mumbai, Pune, Nashik, Nagpur, and rural areas with women concession and gift deed rates.

Property Details

₹

₹

Government circle rate. Leave blank if unknown — we'll use the agreement value.

Property Location

Buyer Details

Metro Cess applies

Auto-set from location. Override only if your pocket has a local exception.

Local Body Tax applies

Auto-true for all municipal areas, false for gram panchayat.

Total Registration Cost

₹3,80,000

Stamp Duty (5.0%):

₹2,50,000
Computed on agreement value ₹50,00,000
Metro Cess
₹50,000
Local Body Tax
₹50,000
Registration Fee
₹30,000
Effective Rate
7.6%
Total Property Cost
₹53,80,000
Agreement value + registration cost
Cost breakdown
ComponentRateAmount
Stamp Duty5.0%₹2,50,000
Metro Cess1.0%₹50,000
Local Body Tax1.0%₹50,000
Registration Fee1% (capped at ₹30,000)₹30,000
Total7.6%₹3,80,000
Should I register in my wife's name?

Male (sole owner)

Current selection
Total Cost
₹3,80,000

Female (sole owner) — 1% concession

Total Cost
₹3,30,000
Savings vs. Male

−₹50,000

(13.16%)

Joint: Male + Female — 0.5% concession

Total Cost
₹3,55,000
Savings vs. Male

−₹25,000

(6.58%)
ScenarioTotal CostSavings vs. Male

Male (sole owner)

Current selection
₹3,80,000—

Female (sole owner) — 1% concession

₹3,30,000₹50,000 (13.16%)

Joint: Male + Female — 0.5% concession

₹3,55,000₹25,000 (6.58%)
Mumbai vs. Pune vs. Nashik

Mumbai (BMC)

₹3,80,000

Pune (PMC)

₹3,80,000

Nashik

₹3,30,000

Moving from Mumbai (BMC) to Nashik would save you ₹50,000 on this ₹3,80,000 property.
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Maharashtra stamp duty calculator. Mumbai, Pune and Nashik stamp duty and registration charges 2026.

A Maharashtra stamp duty calculator computes the total registration cost — stamp duty, metro cess, LBT, and fee — for any property in Mumbai or Pune. It handles all joint-ownership permutations, the women's 1% concession, and the ₹ 200 flat rate for gift deeds to blood relatives.

What Is Maharashtra Stamp Duty?

Stamp duty is a state tax levied under the Maharashtra Stamp Act, 1958 on documents that transfer property ownership — sale deeds, gift deeds, conveyance deeds, and leave-and-licence agreements. It is paid by the buyer before the document is registered at the sub-registrar's office, and the amount depends on the property's location, value, buyer gender, ownership structure, and the type of deed being executed.
In Maharashtra, the headline stamp duty rate on a residential sale deed is 5% of the agreement value or ready reckoner value (whichever is higher) in municipal corporation areas like Mumbai (BMC), Pune (PMC), Pimpri-Chinchwad (PCMC), Thane, Navi Mumbai, and Nagpur. On top of stamp duty, buyers also pay a 1% metro cess (in cities with active metro rail projects), a 1% local body tax in municipal areas, and a registration fee of 1% of the property value capped at ₹ 30,000. Together these four components typically add up to around 7% of the property price in Mumbai and Pune.
Two Maharashtra-specific concessions make this calculator especially valuable. First, women registered as sole owners of residential property pay stamp duty at 4% instead of 5% — a 1 percentage point concession. For joint male+female ownership (with the woman named first), the rate drops to 4.5%. Second, gift deeds between blood relatives (spouse, parent, child, grandchild, sibling) attract a flat stamp duty of just ₹ 200 on residential or agricultural property — one of the most generous inheritance-planning concessions in India. Our calculator surfaces both concessions explicitly so you can make an informed ownership decision before you sign the agreement.

How to Calculate Maharashtra Stamp Duty and Registration Charges

Calculating stamp duty in Maharashtra requires four inputs: the property value, the city or location type, the buyer's gender or joint-ownership structure, and the deed type (sale or gift). Follow these steps:
1. Determine the base value. The stamp duty base is the higher of (a) the agreement value you are paying the seller, or (b) the ready reckoner rate (also called circle rate) published by the Maharashtra government for that specific area. If your agreement value is higher, use it. If the ready reckoner rate is higher, the government will use that number regardless of what you wrote in the agreement.
2. Identify the applicable stamp duty rate. For a residential sale in Mumbai (BMC), Pune (PMC/PCMC), Thane, Navi Mumbai, Nagpur, Nashik, or Aurangabad, the rate is 5% for male sole buyers, 4% for female sole buyers, 4.5% for joint male+female (woman named first), 4% for joint female+female, and 5% for joint male+male or company/HUF buyers. In smaller municipal council towns the rates are 1 percentage point lower; in rural gram panchayat areas they are 2 percentage points lower.
3. Add the metro cess. If your property is located in Mumbai, Navi Mumbai, Thane, Pune (PMC or PCMC), or Nagpur, add 1% metro cess on the base value. This cess funds metro rail infrastructure and does not apply in Nashik, Aurangabad, or rural areas.
4. Add the local body tax. In all municipal corporation and municipal council areas, add 1% local body tax (LBT) on the base value. Rural gram panchayat areas are exempt from LBT.
5. Add the registration fee. The registration fee is 1% of the base value, capped at ₹ 30,000. For any property worth more than ₹ 30 lakh, the cap applies — so a ₹ 3 crore flat attracts the same ₹ 30,000 registration fee as a ₹ 30 lakh flat.
6. Sum the four components. The total is your out-of-pocket cost at registration, payable via GRAS (Government Receipt Accounting System) e-challan before the appointment.
Example: a ₹ 1 crore residential flat in Mumbai (BMC) purchased by a sole male buyer attracts stamp duty of ₹ 5,00,000 (5%) + metro cess ₹ 1,00,000 (1%) + LBT ₹ 1,00,000 (1%) + registration fee ₹ 30,000 (capped) = ₹ 7,30,000 total. If the same flat is registered in the wife's sole name, stamp duty drops to ₹ 4,00,000 (4%) and total cost falls to ₹ 6,30,000 — a straight saving of ₹ 1,00,000 for the woman's 1% concession.

Maharashtra Stamp Duty Formula

T=B×(rsd+rmc+rlbt)+min⁡(B×0.01,30000)T = B \times (r_{sd} + r_{mc} + r_{lbt}) + \min(B \times 0.01, 30000)
  • TT = Total registration cost (stamp duty + metro cess + LBT + registration fee)
  • BB = Base value = max(agreement value, ready reckoner value)
  • rsdr_{sd} = Stamp duty rate (varies by location, buyer gender, deed type — e.g., 0.05 for Mumbai male, 0.04 for Mumbai female)
  • rmcr_{mc} = Metro cess rate (0.01 if city has metro cess, else 0)
  • rlbtr_{lbt} = Local body tax rate (0.01 in municipal areas, 0 in gram panchayat)
This formula applies to sale deeds, which are the most common transaction type. The stamp duty rate r_sd is the variable that captures Maharashtra's women's concession and joint-ownership permutations — it is the single number you can legally reduce by choosing a different ownership structure.
For a gift deed to a blood relative on residential or agricultural property, the formula collapses to a fixed amount:
T=200+min⁡(B×0.01,30000)T = 200 + \min(B \times 0.01, 30000)
No percentage-based stamp duty, no metro cess, no local body tax — just the flat ₹ 200 token stamp and the capped registration fee. A ₹ 5 crore Mumbai flat gifted from a father to his daughter attracts only ₹ 30,200 in total registration cost, versus ₹ 36,50,000 if the same property were sold to a stranger.
For a gift deed to a non-relative, or a gift of commercial/industrial property (even between blood relatives), the rate is 3% of the base value plus metro cess and LBT as applicable:
Tgift=B×(0.03+rmc+rlbt)+min⁡(B×0.01,30000)T_{gift} = B \times (0.03 + r_{mc} + r_{lbt}) + \min(B \times 0.01, 30000)
The ₹ 30,000 registration fee cap is a Maharashtra-specific advantage. On a ₹ 5 crore property, the uncapped 1% fee would be ₹ 5 lakh — the cap saves high-value buyers ₹ 4.7 lakh. This cap has been in place since the 2015 amendment and has not been revised despite multiple proposals to raise it.
Finally, women's concession savings can be calculated as:
S=B×(rsd,male−rsd,buyer)S = B \times (r_{sd,male} - r_{sd,buyer})
Where r_sd,male is the rate that would apply if the buyer were male. For a ₹ 1 crore Mumbai residential flat, S = 1,00,00,000 × (0.05 − 0.04) = ₹ 1,00,000 for a sole female buyer, or ₹ 50,000 for joint male+female ownership.

Maharashtra Stamp Duty Examples

First-Time Buyer: ₹ 75 Lakh Flat in Mumbai (BMC), Sole Male Buyer

A first-time buyer purchases a ₹ 75,00,000 1BHK flat in Andheri East, Mumbai. The ready reckoner rate for that pocket is ₹ 70,00,000, so the base value is ₹ 75,00,000 (the higher of the two). As a sole male owner of residential property, the stamp duty rate is 5%. The breakdown:
ComponentRateAmount
Stamp Duty5%₹ 3,75,000
Metro Cess1%₹ 75,000
Local Body Tax1%₹ 75,000
Registration Fee1% (capped)₹ 30,000
Total7.40%₹ 5,55,000
The buyer must arrange ₹ 5,55,000 in addition to the agreement value before the sub-registrar appointment — a number most first-time buyers underestimate by 30-40%. If the buyer registers the flat in his wife's sole name instead, stamp duty drops to 4% (₹ 3,00,000), metro cess and LBT stay the same, and the total falls to ₹ 4,80,000 — a saving of ₹ 75,000 captured entirely through the women's concession.

Joint Ownership: ₹ 1.5 Crore Flat in Pune (PMC), Husband and Wife

A couple buys a ₹ 1,50,00,000 3BHK flat in Kothrud, Pune. They register jointly with the wife's name first on the deed, qualifying for the 4.5% joint male+female rate. Base value is ₹ 1,50,00,000 (no ready reckoner adjustment). Stamp duty ₹ 6,75,000 (4.5%) + metro cess ₹ 1,50,000 (1%) + LBT ₹ 1,50,000 (1%) + registration fee ₹ 30,000 (capped) = total ₹ 10,05,000. If the same flat were registered in the husband's sole name at 5%, total would be ₹ 10,80,000 — the joint M+F structure saves them ₹ 75,000. If they registered in the wife's sole name instead, stamp duty would be ₹ 6,00,000 (4%) and total ₹ 9,30,000 — an additional ₹ 75,000 saving versus joint, for a total ₹ 1.5 lakh saving versus the husband's sole name.

NRI Buyer: ₹ 3 Crore Property in Bandra, Mumbai

A Mumbai-origin NRI working in Dubai buys a ₹ 3,00,00,000 2BHK flat in Bandra West, Mumbai. He registers the property in his own name (sole male owner) via Power of Attorney. Base value is ₹ 3,00,00,000. Stamp duty ₹ 15,00,000 (5%) + metro cess ₹ 3,00,000 (1%) + LBT ₹ 3,00,000 (1%) + registration fee ₹ 30,000 (capped) = total ₹ 21,30,000, or 7.10% of the property value. The ₹ 30,000 registration fee cap saves him ₹ 2,70,000 versus an uncapped 1% fee. Had he registered the property in his wife's name instead, he would have saved ₹ 3,00,000 via the 1% women's concession — a decision many NRI buyers overlook when using a POA-based remote registration.

Father Gifts ₹ 2 Crore Mumbai Flat to Daughter

A father executes a gift deed transferring his ₹ 2,00,00,000 Powai flat to his daughter. Because the donor and donee are blood relatives and the property is residential, the Maharashtra government's flat ₹ 200 gift stamp duty applies — not the 5% sale rate. Metro cess and LBT do not apply to the flat ₹ 200 stamp. Only the registration fee (1% capped at ₹ 30,000) is payable. Total cost: ₹ 30,200. If the same property were sold to the daughter for the same value, total registration cost would be ₹ 14,30,000 — the gift deed structure saves the family ₹ 14 lakh. Note: the daughter does not pay income tax on this gift under Section 56(2) of the Income Tax Act, because gifts from lineal ascendants are exempt regardless of value.

Small Town Purchase: ₹ 40 Lakh Flat in a Municipal Council Area

A buyer purchases a ₹ 40,00,000 flat in Satara town, which is a municipal council area (not a full municipal corporation). Sole male buyer, residential sale. The municipal council rate is 4% stamp duty (1 percentage point lower than Mumbai/Pune) and metro cess does not apply. Stamp duty ₹ 1,60,000 (4%) + metro cess ₹ 0 + LBT ₹ 40,000 (1%) + registration fee ₹ 30,000 (capped) = total ₹ 2,30,000, or 5.75% of the property value. The same property in Mumbai would cost ₹ 2,80,000 (₹ 50,000 more) due to metro cess and the higher stamp duty rate.

Rural Land: ₹ 25 Lakh Plot in a Gram Panchayat

An agricultural investor buys a ₹ 25,00,000 plot of farmland in a village under gram panchayat jurisdiction. Gram panchayat rate is 3% stamp duty with no metro cess and no LBT — only registration fee applies. Stamp duty ₹ 75,000 (3%) + registration fee ₹ 25,000 (1%, below ₹ 30,000 cap) = total ₹ 1,00,000, or exactly 4% of the property value. This is the lowest total rate tier in Maharashtra and one reason rural/peri-urban land remains attractive to investors despite lower appreciation rates.

Commercial Shop: ₹ 80 Lakh Office in Pune

A business owner buys an ₹ 80,00,000 office unit in Pune (PMC). For commercial property, the women's concession does not apply — stamp duty is a flat 5% regardless of buyer gender or ownership structure. Stamp duty ₹ 4,00,000 (5%) + metro cess ₹ 80,000 (1%) + LBT ₹ 80,000 (1%) + registration fee ₹ 30,000 (capped) = total ₹ 5,90,000, or 7.38% of the property value. GST (18% for under-construction commercial) is a separate tax paid to the builder, not included in stamp duty calculations.

Under-Valuation Risk: ₹ 50 Lakh Agreement, ₹ 65 Lakh Ready Reckoner

A buyer agrees to purchase a Mumbai flat for ₹ 50,00,000, but the government's ready reckoner rate for that area is ₹ 65,00,000. The base value for stamp duty is the higher of the two — ₹ 65,00,000. Stamp duty ₹ 3,25,000 (5% male, residential) + metro cess ₹ 65,000 + LBT ₹ 65,000 + registration fee ₹ 30,000 = total ₹ 4,85,000. However, because the agreement value is more than 10% below the ready reckoner value, the ₹ 15,00,000 difference may be treated as income under Section 56(2) of the Income Tax Act and taxed at the buyer's slab rate. A buyer in the 30% slab could owe an additional ₹ 4,50,000 in income tax on top of stamp duty. Consult a CA before signing any agreement priced materially below RR rate.

Tips to Save on Maharashtra Stamp Duty

  • Register residential property in a woman's sole name to save 1% stamp duty. On a ₹ 1 crore Mumbai flat, this saves ₹ 1,00,000 outright. Ensure the female buyer actually contributes to the purchase funds — benami ownership is illegal and the Income Tax Department can challenge the structure.
  • For joint ownership, list the woman's name first on the agreement to qualify for the 4.5% joint male+female rate instead of 5%. Many builders and lawyers default to listing the husband first — explicitly ask for the wife's name to appear first on the sale deed.
  • Transfer ancestral or personal property to children/spouse via a gift deed to blood relative, not a sale deed. On residential or agricultural property, the stamp duty is just ₹ 200 flat — regardless of property value. A ₹ 5 crore property gifted to a daughter costs ₹ 30,200 total, versus ₹ 36+ lakh via sale.
  • Pay stamp duty within 4 months of executing the agreement. Late payment attracts a penalty of 2% per month (up to a maximum of 400% of the stamp duty) under Section 34 of the Maharashtra Stamp Act. Unstamped or under-stamped documents are inadmissible as evidence in court.
  • Compare the agreement value to the ready reckoner rate before signing. If the agreement value is more than 10% below RR, you will owe income tax on the difference under Section 56(2). Either negotiate the RR-adjusted price or budget for the additional tax liability.
  • Use the official IGR Maharashtra portal (igrmaharashtra.gov.in) to pay stamp duty online via GRAS e-challan. Physical stamp paper is being phased out and e-stamping is mandatory in Mumbai and Pune for most transactions above ₹ 50,000.
  • Consider the ₹ 30,000 registration fee cap in your city choice. On a ₹ 5 crore property, the registration fee cap saves ₹ 4.7 lakh — the cap is uniform across Maharashtra, so higher-value Mumbai flats benefit proportionally more from this cap than mid-range properties.
  • If your total registration cost is above 7% of the property value, re-check the calculator inputs. A result of 7.0-7.4% is normal for Mumbai/Pune residential sales; results above 8% usually indicate double-counted metro cess or a commercial property wrongly classified as residential.
  • Budget 7% of your property value for registration charges in Mumbai/Pune, 6-7% in Nashik/Aurangabad, and 4-5% in smaller municipal councils or gram panchayats. This cash must be arranged upfront — home loans typically do not finance stamp duty.

Frequently Asked Questions About Maharashtra Stamp Duty

What is the current stamp duty rate in Maharashtra 2026?

In Maharashtra in 2026, residential stamp duty is 5% of the agreement value or ready reckoner rate (whichever is higher) for male buyers in municipal corporation areas like Mumbai, Pune, Thane, Navi Mumbai, Nagpur, Nashik, and Aurangabad. Women sole buyers pay 4%, joint male+female pays 4.5%, and joint female+female pays 4%. Municipal council areas are 1 percentage point lower across the board, and gram panchayat areas are 2 percentage points lower.

Who pays stamp duty in Maharashtra, the buyer or the seller?

The buyer pays stamp duty and registration charges in Maharashtra, as per Section 30 of the Maharashtra Stamp Act. The seller is not legally liable for any portion of stamp duty unless the sale agreement explicitly shifts this liability — which is rare and must be mutually agreed in writing. The buyer must pay stamp duty via GRAS e-challan before the registration appointment at the sub-registrar's office.

How much is the stamp duty discount for women in Maharashtra?

Women registered as sole owners of residential property in Maharashtra pay 4% stamp duty instead of 5% — a 1 percentage point concession. For joint male+female ownership where the woman is named first on the deed, the rate is 4.5%. For joint female+female ownership, the rate is 4%. The concession applies only to residential sale deeds — not to commercial, industrial, or agricultural property, and not to gift deeds.

Is the women's concession available for commercial property in Maharashtra?

No. The women's stamp duty concession in Maharashtra applies only to residential property (flats, houses, and plots for housing) purchased via a sale deed. Commercial units (shops, offices), industrial property (factories, warehouses), and agricultural land attract the standard rate regardless of whether the buyer is male, female, or jointly owned. The concession was introduced to promote female home ownership, not to subsidise commercial investment.

What is the stamp duty on a gift deed to a blood relative in Maharashtra?

The stamp duty on a gift deed between blood relatives (spouse, children, grandchildren, parents, siblings) is a flat ₹ 200 in Maharashtra, provided the property is residential or agricultural. No metro cess, no local body tax, and no percentage-based charge applies — just the fixed ₹ 200 token stamp duty. The registration fee (1% capped at ₹ 30,000) still applies. This concession, introduced in 2015 under Article 34 of the Maharashtra Stamp Act, is one of the most generous intra-family transfer provisions in India.

What is a ready reckoner rate and how does it affect my stamp duty?

The ready reckoner rate (also called circle rate or RR rate) is the minimum property value published by the Maharashtra government annually for every area, street, and building type. Stamp duty is charged on the higher of (a) your agreement value or (b) the ready reckoner rate. If you agree to buy a Mumbai flat for ₹ 80 lakh but the ready reckoner rate for that pocket is ₹ 1 crore, stamp duty is calculated on ₹ 1 crore. Ready reckoner rates are revised every April and can be checked on the IGR Maharashtra portal or via e-stampdutyreadyreckoner.com.

What is metro cess in Maharashtra and which cities does it apply to?

Metro cess is an additional 1% surcharge on stamp duty levied in cities with active metro rail projects to fund transport infrastructure. It applies in Mumbai (BMC), Navi Mumbai (NMMC), Thane (TMC), Pune (PMC), Pimpri-Chinchwad (PCMC), and Nagpur (NMC). Metro cess does not apply in Nashik, Aurangabad (Chhatrapati Sambhajinagar), smaller municipal council areas, or rural gram panchayat areas. Metro cess was introduced in 2022 and has been extended year-on-year by the Maharashtra state budget.

What is the registration fee in Maharashtra and is there a cap?

The registration fee in Maharashtra is 1% of the property value (or ready reckoner rate, whichever is higher), capped at ₹ 30,000 for any property above ₹ 30 lakh. This means a ₹ 5 crore property attracts the same ₹ 30,000 registration fee as a ₹ 30 lakh property. The fee is paid to the sub-registrar's office at the time of registration and is separate from stamp duty. The ₹ 30,000 cap is a significant advantage for high-value property buyers in Mumbai and Pune.

Is there GST on stamp duty in Maharashtra?

No, GST does not apply to stamp duty itself — stamp duty is a state tax, not a good or service. However, if you are buying an under-construction flat, the builder charges GST at 5% (or 1% for affordable housing) on the purchase price. This GST is entirely separate from stamp duty and is payable to the builder, not to the state government. Our stamp duty calculator shows only the state registration charges; GST on under-construction purchases must be calculated separately and added to your total acquisition cost.

What is Section 56(2) of the Income Tax Act and how does it affect property buyers?

Section 56(2)(x) of the Income Tax Act treats the difference between the ready reckoner rate and the agreement value as taxable income for the buyer, if the agreement value is lower than the ready reckoner rate by more than 10% or ₹ 50,000 (whichever is higher). For example, if a Mumbai flat's RR value is ₹ 1 crore but the agreement value is ₹ 80 lakh, the ₹ 20 lakh difference is added to the buyer's taxable income and taxed at their slab rate — potentially ₹ 6 lakh of additional income tax at the 30% slab. This is a common pitfall for buyers negotiating below-RR prices.

What is the penalty for late payment of stamp duty in Maharashtra?

Under Section 34 of the Maharashtra Stamp Act, late payment of stamp duty attracts a penalty of 2% per month on the deficit amount, subject to a maximum of 400% of the original stamp duty. Additionally, unstamped or insufficiently stamped documents are inadmissible as evidence in any court. For property sale deeds, stamp duty must be paid before or at the time of registration — the sub-registrar will not register an unstamped document. For other agreements, duty must be paid within 4 months of execution.

How do I pay stamp duty online in Maharashtra?

Maharashtra stamp duty is paid online via the GRAS (Government Receipt Accounting System) portal at gras.mahakosh.gov.in or through the IGR Maharashtra portal at igrmaharashtra.gov.in. You fill in buyer/seller details, property information, and the duty amount, then pay via net banking, debit card, credit card, or UPI. After successful payment, you receive an e-challan which must be carried to the sub-registrar's office along with the sale agreement on the scheduled registration date. Physical stamp paper is being phased out in favour of e-stamping.

Is this Maharashtra stamp duty calculator free to use?

Yes, our Maharashtra stamp duty calculator is completely free to use, with no registration or sign-up required. It supports all major Maharashtra cities — Mumbai (BMC), Pune (PMC/PCMC), Thane, Navi Mumbai, Nagpur, Nashik, and Aurangabad — plus municipal council and gram panchayat areas. It handles all five joint-ownership permutations, gift deeds to blood relatives (₹ 200 flat), and gift deeds to non-relatives. Results are calculated instantly in your browser using the 2026 rate table and require no data submission.

How accurate is this stamp duty calculator for actual registration?

The calculator uses the current Maharashtra stamp duty rates (2026), metro cess rules, local body tax applicability, and the ₹ 30,000 registration fee cap as published by the IGR Maharashtra and verified against ClearTax, Godrej Capital, Kolte Patil, and other authoritative sources. Results match the official IGR Maharashtra online calculator to the rupee for standard sale and gift deed transactions. For non-standard cases — leave and licence, power of attorney, mortgage deeds, partition deeds, or redevelopment transactions — consult a registered conveyancer as rate structures differ.

Key Maharashtra Stamp Duty Terms

Stamp Duty

A state tax levied on documents that transfer property ownership, governed by the Maharashtra Stamp Act, 1958. Paid by the buyer at the time of registration, typically 4-5% of property value for residential sales in Maharashtra.

Ready Reckoner Rate (RR Rate / Circle Rate)

The minimum property value published annually by the Maharashtra government for every locality. Stamp duty is charged on the higher of the agreement value or the ready reckoner rate.

Agreement Value

The sale price agreed between buyer and seller, as stated in the sale agreement. If lower than the ready reckoner rate, it is overridden by the RR rate for stamp duty purposes.

Metro Cess

An additional 1% surcharge on stamp duty levied in Mumbai, Navi Mumbai, Thane, Pune, Pimpri-Chinchwad, and Nagpur to fund metro rail infrastructure. Does not apply in Nashik, Aurangabad, or rural areas.

Local Body Tax (LBT)

A 1% tax on property registration levied in all Maharashtra municipal corporation and municipal council areas. Collected by the state and routed to the local municipal body. Does not apply in gram panchayat areas.

Registration Fee

A separate charge of 1% of the property value, capped at ₹ 30,000, paid to the sub-registrar for recording the deed in government records. Separate from stamp duty.

Sale Deed (Conveyance)

The primary legal document that transfers ownership of property from seller to buyer. Executed on non-judicial stamp paper or via e-stamping and registered at the sub-registrar's office under Article 25 of the Maharashtra Stamp Act.

Gift Deed

A legal document transferring property without monetary consideration, typically between family members. Between blood relatives, attracts a flat ₹ 200 stamp duty on residential/agricultural property under Article 34 of the Maharashtra Stamp Act.

Blood Relative (for gift deeds)

Under Maharashtra stamp law, includes spouse, children (son/daughter), grandchildren, parents, grandparents, and siblings (brother/sister). Transfers to nephews, nieces, cousins, and in-laws do not qualify for the ₹ 200 concession.

Section 56(2) Income Tax

A provision of the Income Tax Act that treats the difference between the ready reckoner rate and a lower agreement value (if gap > 10% or ₹ 50,000) as taxable income for the property buyer. A common risk when negotiating below-RR prices.

GRAS (Government Receipt Accounting System)

The Maharashtra government's online payment portal for stamp duty and registration fees. Accessible at gras.mahakosh.gov.in. Generates an e-challan to be produced at the sub-registrar's office.

IGR Maharashtra

The Inspector General of Registration and Controller of Stamps, Maharashtra — the state authority responsible for property registration, stamp duty collection, and publishing ready reckoner rates. Official portal: igrmaharashtra.gov.in.

Sources & References

  1. IGR Maharashtra — Department of Registration & Stamps (Government of Maharashtra)
  2. ClearTax — Stamp Duty and Registration Charges in Maharashtra 2026
  3. Kolte Patil — Pune Stamp Duty & Registration Charges 2025 (component breakdown)
  4. Godrej Capital — Stamp Duty and Registration Charges in Maharashtra
  5. NoBroker — Maharashtra Stamp Act 2026 amendments and rate schedule
  6. CREDAI-MCHI — Overview of stamp duty concession for women in Maharashtra

Content verified by the Smart Calculators Team