Stamp Duty and Property/Flat Registration Charges in West Telangana
Stamp duty is among the most critical revenue resources for the Government. We must pay stamp duty at the time of a document’s execution. We do this by fixing the non-judicial stamps to the paper or via e-stamps in favour of the Head of Account of the Commissioner and Inspector General of Registration and Stamps.
So, to know more about the stamp duty in Telangana, read on.
What Are the Stamp Duty Rates in Telangana?
Stamp duty is a tax that the State government levies. We pay this tax when property exchanges hands, that is, a transfer of property takes place.
Stamp duty charges vary from state to state. Further, buyers have to pay 1% of the deal value in the form of registration charges.
We pay stamp duty and registration charges in Telangana in the following scenarios:
- Purchase of real estate property in Telangana
- Sale of immovable property
- Partition of property
- Gift and settlement
- Power of attorney
Read more about why Property Insurance is important?
What Are the Present Stamp Duty and Registration Charges in Telangana?
The Registration and Stamp Department of Telangana collects around 6% of the property value as the registration charges. The registration charges include the following -
- Stamp duty
- Transfer duty
- Registration fee
- Nominal user charge
Note that the stamp duty in Telangana is the same for men and women.
Stamp Duty Charges on Immovable Properties in Telangana
Below are the stamp duty, transfer duty and registration charges for property registration in Telangana.
Document |
Stamp Duty | Transfer Duty | Registration Charges |
Sale of immovable property in corporations, selection grade and special grade municipalities | 4% | 1.50% | 0.50% |
Sale of immovable property in other areas | 4% | 1.50% | 0.50% |
Apartments / flats, including semi-furnished, in all areas | 4% | 1.50% | 0.50% |
Sale agreement with GPA | 5% (4% adjustable and 1% not adjustable) | 0% | ₹ 2,000 |
Sale agreement with possession | 4% | 0% | 0.5% (subject to a minimum of ₹1000 and a maximum of ₹20000) |
Sale agreement without possession | 0.5% (not adjustable) | 0% | 0.5% (subject to a minimum of ₹1000 and a maximum |
Stamp Duty for Partition of Property, Gift, and Settlement in Telangana
Below is the stamp and registration fee for the partition of property, gift and settlement in Telangana.
Document |
Stamp Duty | Transfer Charges | Registration Fee |
Partition among family members | 0.5% on VSS, subject to a maximum of ₹20000 | 0% | ₹ 1,000 |
Partition among co-owners that are not family members | 1% on VSS | 0% | ₹ 1,000 |
Settlement among family members | 1% | 0% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹10000) |
Settlement with non-family members | 2% | 0% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹10000) |
Settlement for charitable purposes | 1% | 0% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹10000) |
Gift in favour of relatives | 1% | 1% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹10000) |
Gift in other cases | 4% | 1.50% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹10000) |
Stamp Duty in Telangana Based on the Power of Attorney and Will
The Telangana stamp duty on the power of attorney and will are as follows:
Type of Documentation | Stamp Duty | Registration Fees |
General power of attorney authorising a family member to sell, transfer and develop an immovable property | ₹ 1,000 | 0.5% (subject to a minimum of ₹1000 and maximum of ₹20000) |
General power of attorney authorising an agent or others to sell, transfer and develop an immovable property | 1% | 0.5% (subject to a minimum of ₹1000 and maximum of ₹20000) |
General power of attorney for any other purpose other than authorising an agent or others to sell, transfer and develop an immovable property | ₹ 50 | ₹ 1,000 |
Special power of attorney | ₹ 20 | ₹ 1,000 for attestation |
Will | Unknown | ₹ 1,000 |
How Are the Stamp Duty and Registration Charges Calculated in Telangana?
We calculate the stamp duty and registration charges as per the tables given above.
Let's look at an example to understand this calculation -
Cost of Property | ₹1,00,000 |
---|---|
Stamp duty | 4% of ₹1,00,000 = ₹4000 |
Registration charges | 0.5% of ₹100000 = ₹500 |
Steps to Use a Stamp Duty Calculator
The steps to use a stamp duty calculator includes the following:
- Step 1: You can use any portal to calculate the stamp duty.
- Step 2: Select the State as Telangana.
- Step 3: The calculator will display the stamp duty you have to pay.
How to Pay Stamp Duty and Registration Fees in Telangana?
There are two ways through which you can pay stamp duty and registration fees in Telangana – online and offline methods.
Online Procedure
- Step 1: Visit the official portal, go to the Online Services section and click e-stamps.
- Step 2: Upload all the required documents and pay the fee.
- Step 3: Book a time slot and appointment with the sub registrar.
- Step 4: Visit the SRO and get the documents verified. Also present e-KYC.
- Step 5: The officer will then complete the process and provide you with endorsement of the registered document.
Offline Procedure
To pay in the offline method, one has to visit the sub-registrar’s office and pay the fees in the form of a challan.
What Are the Factors That Affect Stamp Duty in Telangana?
Two factors impact the stamp duty in Telangana. They are as follows:
- Type of property (residential or commercial)
- Location (urban or rural)
Are Tax Benefits Available on Stamp Duty and Registration Charges?
There are tax benefits for stamp duty in Telangana. You can claim deduction under Section 80C. The maximum deduction amount under Section 80C is capped at ₹1,50,000.
FAQs About Stamp Duty and Property Registration Charges in Telangana
What happens if you do not pay stamp duty in Telangana?
If you do not pay stamp duty, the transaction will not have legal status, and the law cannot accept it as evidence. Moreover, there will be the imposition of penalty for the failure to pay the stamp duty.
Is stamp duty in Telangana inclusive of GST?
No, stamp duty and GST are two different taxes and are calculated separately.
What are the documents required to register a property in Telangana?
The following documents can be uploaded online before visiting the sub-registrar office (SRO) to register a property in Telangana:
- Property documents in original
- Property card (If allotted)
- Power of Attorney (if applicable)
- Encumbrance certificate (EC)
- Identity proofs and address proofs like Aadhaar Card, Pan Card of the buyer, seller, and the witnesses
- Passbook is required (For agricultural land pattadar)
- Clear photos of the buyer and seller
- Photocopy of Section 32A