If you are one such individual and considering settling in Ghaziabad by purchasing a property there, then you must be aware of certain things, including factors affecting property cost. This cost includes several charges, of which stamp duty and registration charges have great significance.

Want to know about the significance and rates of registration and stamp duty charges in Ghaziabad?

Read along!

Stamp duty is a tax that the State Government imposes during a transaction of property. It means the State Government levies stamp duty whenever a property changes hands, i.e., from a buyer to a seller. The stamp duty in Ghaziabad is 7%.

Individuals/property buyers have to pay registration charges apart from stamp duty in Ghaziabad, which constitute a percentage of the total or registered value of a property. This fee is essential to register property documents in the buyer’s name. The registration fee is 1% of the property’s market’s price.

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Currently, there are several online calculators available for calculating stamp duty in Ghaziabad. Individuals have to follow the steps mentioned below to easily calculate stamp duty in Ghaziabad.

• Step 1 - Visit any website of your preference.  
• Step 2 - Provide property-related basic information such as the State of the property (here Ghaziabad).
• Step 3 - Select ‘Gender’ and provide Property Price. 
• Step 4 - Click on the ‘Calculate’ button. The results will appear on screen.

Similarly, individuals can use registration charges calculator to learn about the payable registration charges amount on a property of a certain value.

With a clear knowledge about the calculation process of registration and stamp duty charges and using an online calculator, we can focus on the payment methods.

Individuals can pay stamp duty and registration charges in Ghaziabad via online and offline mediums. Both the procedures are discussed below,

Online Procedure

• Step 1 - Visit the official website of Stamp and Registration Department, Uttar Pradesh. The website will initially open in Hindi. Translate the page into English (if required). Click on ‘Apply’.
• Step 2 - Login with credentials or create an application number and password if you are a ‘New Applicant’.
• Step 3 -   Provide personal details of buyer, seller and 2 witnesses. Provide property-related information such as a ward, area of the property, district, tehsil. Enter property type (residential, commercial or industrial).
• Step 4 - After providing all the details and clicking on “Calculate Fee”, the results/ amount of stamp duty and registration charges will appear on the screen.  Pay the amount and save the receipt number, which will be generated after successful payment. 
• Step 5 - Next, book an appointment at SRO (Sub-Registrar’s Office) and reach there at the scheduled date and time to register the conveyance deed.

Offline Procedure

Individuals willing to take the offline route to pay registration and stamp duty charges can pay the charges at the Sub-Registrar’s Office.

The above-mentioned sections give an idea of the payment of stamp duty charges in Ghaziabad. Now, let’s learn some additional information regarding this.

Remember, to pay stamp duty in Ghaziabad; individuals have to prepare certain documents. These are as follows -

• Sale Deed
• Sale agreement
• Occupancy / Possession certificate from the builder
• Sanctioned building plan
• Power of attorney (if any)
• Tax paid receipts of the last three months
• A copy of all registered previous agreements (in case of resale property)
• Encumbrance Certificate
• Electricity bill

Before paying stamp duty in Ghaziabad, individuals/property buyers have to keep in mind specific pointers. These are as follows.

• If individuals pay stamp duty on time, it has a validity of six months.
• If individuals pay stamp duty on foreign documents, the validity comes down to three months.
• Buyers are liable to pay stamp duty, not sellers.

According to Section 80C of the Income Tax Act, 1961, individuals/property buyers of Ghaziabad can claim deduction for stamp duty and registration charges fees. The maximum deduction available under this section is ₹ 1,50,000.

With an elaborate discussion on registration and stamp duty charges in Ghaziabad, we have reached the end of this piece. Individuals must pay attention to the details of the payment procedure to avoid penalty and, most importantly, to ensure proper and legal registration of the property to their name.