{"id":2124,"date":"2021-10-20T12:04:42","date_gmt":"2021-10-20T12:04:42","guid":{"rendered":"https:\/\/www.homebazaar.com\/knowledge\/?p=2124"},"modified":"2024-12-27T13:23:35","modified_gmt":"2024-12-27T13:23:35","slug":"stamp-duty-and-registration-charges-in-pune","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/knowledge\/stamp-duty-and-registration-charges-in-pune\/","title":{"rendered":"What Are Stamp Duty and Registration Charges in Pune"},"content":{"rendered":"<h2><b>What Are Stamp Duty &amp; Registration Charges In Pune<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The Stamp Duty and Registration charges in Pune are payable under the Maharashtra Stamp Act 1958. The Stamp Duty and the registration charges are governed by the state government and may be subject to changes depending on various factors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here are the most recent Stamp Duty and Registration Charges in Pune.<\/span><\/p>\n\n<table id=\"tablepress-48\" class=\"tablepress tablepress-id-48\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><th class=\"column-2\">Stamp Duty Rates<br \/>\n<\/th><th class=\"column-3\">Registration Charges<br \/>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Male<\/td><td class=\"column-2\">7%<\/td><td class=\"column-3\">For properties above Rs 30 lakh - Rs 30,000. <br \/>\nFor properties below Rs 30 lakh - 1% of the Agreement Value<br \/>\n<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Female<\/td><td class=\"column-2\">6%<\/td><td class=\"column-3\">For properties above Rs 30 lakh - Rs 30,000.<br \/>\nFor properties below Rs 30 lakh - 1% of the Agreement value<br \/>\n<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Joint Male-Female<br \/>\n<\/td><td class=\"column-2\">7%<br \/>\n<br \/>\n<\/td><td class=\"column-3\">For properties above Rs 30 lakh - Rs 30,000.<br \/>\nFor properties below Rs 30 lakh - 1% of the Agreement Value<br \/>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-48 from cache -->\n<h2><b>Importance Of Stamp Duty and Registration<\/b><\/h2>\n<p><span style=\"font-weight: 400\">After buying properties in Pune, it is mandatory to pay the Stamp Duty and the registration charges. The following are the main reasons why it is important to pay the stamp duty and the registration charges.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Paying the stamp duty makes you the legal owner of the property.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The Stamp duty and registration receipts are considered valid for court proceedings in case of property disputes.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The property purchase process is incomplete without registering the property.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It protects the property title in case of fraud or discrepancies.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Stamp Duty and registration is required to officially reflect the property transaction in the government records.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>Factors That Decide the Stamp Duty and Registration Charges\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400\">There are several factors that decide the Stamp Duty and the registration charges. Here are the main factors which directly affect the stamp duty and registration charges.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-2128 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/Infographics.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/Infographics.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/Infographics-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<h5><b>The Value of the Property<\/b><\/h5>\n<p><span style=\"font-weight: 400\">Stamp Duty and the registration fees are charged as a percentage of the Market value or the agreement value of the property. So, the higher the Market or the agreement value of the property, the higher will be the applicable stamp duty and the registration charges.\u00a0<\/span><\/p>\n<h5><b>Ready Reckoner Rates<\/b><\/h5>\n<p><span style=\"font-weight: 400\">Ready Reckoner Rates are used to calculate the Market value of the property. These are the standard rates decided and published by the state government authorities. The ready reckoner rate is the minimum rate for property transactions. Below the Ready Reckoner rate, no property transactions take place.\u00a0 The buyer and the seller of the property have to pay higher taxes if the transaction takes place below the ready reckoner rate.<\/span><\/p>\n<h5><b>Location of the Property<\/b><\/h5>\n<p><span style=\"font-weight: 400\">The stamp duty varies from one location to another. Depending on the areas of jurisdiction, the stamp duty changes. For municipal regions, the stamp duty charges are more as compared to the area under the Panchayat limits.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Also, the ready reckoner rates are decided on the basis of the locality and hence the location of the property becomes an important consideration for the stamp duty calculation.\u00a0<\/span><\/p>\n<h5><b>Gender of the Property Buyer<\/b><\/h5>\n<p><span style=\"font-weight: 400\">To promote female property owners, the government has kept lower Stamp Duty charges for female property buyers. Almost all the states offer less Stamp duty for female property owners. In Pune, the stamp duty charges for women are 6% of the market value of the property. Whereas for men the stamp duty charges are 7%. The registration charges, however, are the same for the men and women property owners.\u00a0\u00a0<\/span><\/p>\n<h2><b>How To Calculate Stamp Duty And Registration Charges<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Let\u2019s consider the following specifications for the calculation of the stamp duty and the registration in Pune.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\n<table id=\"tablepress-49\" class=\"tablepress tablepress-id-49\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Location<\/th><th class=\"column-2\">Pune<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Configuration<\/td><td class=\"column-2\">2 BHK<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Area <\/td><td class=\"column-2\">800 Sq ft<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Rate <\/td><td class=\"column-2\">Rs 20,000 per sq ft<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-49 from cache --><\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>The Agreement Value <\/b><span style=\"font-weight: 400\">= 800 X 20,000 = Rs 1,60,00,000<\/span><\/p>\n<p><span style=\"font-weight: 400\">Then the stamp duty can be calculated as<\/span><\/p>\n<p><b>Stamp Duty<\/b><span style=\"font-weight: 400\"> = 7% of the Agreement value\u00a0 (For Men)<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><span style=\"font-weight: 400\">\u00a0 \u00a0=\u00a0 7 % of 1,60,00,000<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0=\u00a0 Rs 1,120,000<\/span><\/p>\n<p><b>Stamp Duty <\/b><span style=\"font-weight: 400\">=<\/span> 6<span style=\"font-weight: 400\">% of the Agreement value\u00a0 (For Women)<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><span style=\"font-weight: 400\">\u00a0 =\u00a0 6% of 1,60,00,000<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0= Rs 960,000<\/span><\/p>\n<p><span style=\"font-weight: 400\">The registration charges applicable in this case will be Rs 30,000 since the market\/agreement value is more than Rs 30 Lakh.<\/span><\/p>\n<h2><b>How To Pay Stamp Duty and Registration Charges in Pune<\/b><\/h2>\n<p><span style=\"font-weight: 400\">You can pay the Stamp Duty and the Registration Charges Offline or Online.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The offline methods for paying the stamp duty and the registration charges are Physical stamp paper and franking.\u00a0<\/span><\/p>\n<h5><b>Stamp Duty and Registration Payment By Physical Stamp Paper<\/b><\/h5>\n<p><span style=\"font-weight: 400\">To pay the stamp duty through the Physical Stamp Paper you need to purchase the stamp paper from the authorized stamp paper vendor. The value of the stamp paper should be equal to the applicable stamp duty. This was the most widely used method for paying stamp duty before the advent of the online method.\u00a0<\/span><\/p>\n<h5><b>Stamp Duty and Registration\u00a0 Payment By Franking<\/b><\/h5>\n<p><span style=\"font-weight: 400\">The franking services are provided by the banks. The applicable stamp duty and the property details are mentioned in the document and submitted to the bank. The bank gives a stamp on the document by the franking machine. <\/span><\/p>\n<h2><b>How To Pay Stamp Duty and Registration Charges Online in Pune<\/b><\/h2>\n<p><span style=\"font-weight: 400\">You can pay the stamp duty and registration charges in Pune online by using the Government Receipt Accounting System (GRAS). The portal allows you to digitally sign the document and pay the stamp duty and registration charges online.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here is the complete process to check the Stamp Duty and Registration Charges Online In Pune.<\/span><\/p>\n<p><b>Step 1: <\/b><span style=\"font-weight: 400\">Visit The Government Receipt Accounting System (GRAS)<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2131 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 2: <\/b><span style=\"font-weight: 400\">Then From the Home Page select the Inspector General of Registration<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2132 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2.jpg\" alt=\"Stamp Duty and Registration Charges in Pune - Pay Stamp Duty Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>Step 3: <\/b><span style=\"font-weight: 400\">It will redirect you to the Department of Registration and Stamps. Then click on the Pay Without Registration Option<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2133 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3.jpg\" alt=\"Stamp Duty and Registration Charges in Pune - Pay stamp duty online\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 4: <\/b><span style=\"font-weight: 400\">Now, from the Citizen tab select Make Payment to Register Your Document<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2134 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4.jpg\" alt=\"online Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 5: <\/b><span style=\"font-weight: 400\">Select the Pay Stamp Duty and the Registration Fee Together Option<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2137 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/5-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/5-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/5-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 6: <\/b><span style=\"font-weight: 400\">Fill in the important details such as District, Stamp Duty Amount, and Registrar&#8217;s Office.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2138 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 7:<\/b><span style=\"font-weight: 400\"> Select the suitable Payment options and Click on proceed. If you select the payment across the bank option, you have to visit the bank and make the payment through the cheque or demand draft (DD).\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2139 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/7.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/7.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/7-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>Step 8: <\/b><span style=\"font-weight: 400\">The draft challan will be generated. Note down the GRN number Click Ok and then proceed.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2141 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/8.jpg\" alt=\"Stamp Duty and Registration Charges in Pune - the draft challan\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/8.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/8-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 9:<\/b><span style=\"font-weight: 400\"> Select the Payment Method.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2142 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/9-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/9-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/9-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 10: <\/b><span style=\"font-weight: 400\">After the payment, you will get a copy of the challan.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2143 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/10.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/10.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/10-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><span style=\"font-weight: 400\">Once you make the payment, you can check the copy of the challan online.\u00a0<\/span><\/p>\n<h2><b>How To Check the Generated Challan for Stamp Duty and Registration Online<\/b><\/h2>\n<p><span style=\"font-weight: 400\">You can take the printouts of the generated challan once you make the stamp duty and registration charge payment.<\/span><\/p>\n<p><b>Step 1:\u00a0 <\/b><span style=\"font-weight: 400\">Visit The Government Receipt Accounting System (<a title=\"GRAS\" href=\"https:\/\/gras.mahakosh.gov.in\/echallan\/\" target=\"_blank\" rel=\"nofollow noopener\">GRAS<\/a>)<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2144 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/1-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 2:<\/b><span style=\"font-weight: 400\"> Then Select the Search Challan Tab<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2145 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2-1.jpg\" alt=\"current stamp duty in pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/2-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 3:<\/b><span style=\"font-weight: 400\"> Fill in the following details.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Department\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Name<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Block Number<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Locality<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Area<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">PIN\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Mobile Number<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Payment Mode\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">And Click on the Search button<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2146 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/3-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 4:<\/b><span style=\"font-weight: 400\"> Click On the Challan Number to get the copy of Challan.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2147 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4-1.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4-1.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/4-1-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p><b>Step 5:<\/b><span style=\"font-weight: 400\"> Then Click on the Verify to get the status of the verification.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2148 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-2.jpg\" alt=\"Stamp Duty and Registration Charges in Pune\" width=\"704\" height=\"340\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-2.jpg 704w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2021\/10\/6-2-300x145.jpg 300w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/p>\n<p style=\"font-weight: bold\">Also Check Out: <a href=\"https:\/\/www.homebazaar.com\/knowledge\/a-simple-guide-to-pay-pcmc-property-tax-online\/\">How To Pay PCMC Property Tax Online<\/a><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>What are Stamp Duty and Registration Charges?<\/b><\/p>\n<p><span style=\"font-weight: 400\">You need to pay the stamp duty and the registration charges while buying a property. It is a tax payable to the state government for registering the property sales deed at the sub-registrar office.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>What are the factors affecting the Stamp Duty and Registration Charges?<\/b><\/p>\n<p><span style=\"font-weight: 400\">The agreement value of the property, location, ready reckoner rates, and gender of the property buyers are the main factors that affect Stamp Duty and Registration.\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Why Stamp Duty and Registration is important?<\/b><\/p>\n<p><span style=\"font-weight: 400\">You become the legal owner of the property only when you register the sales deed with the applicable Stamp Duty and the registration charges at the sub registrar\u2019s office. The property buying process is incomplete without the payment of Stamp Duty and the registration charges.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>When to pay the Stamp Duty and the Registration Charges?\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">You can pay the stamp duty and the registration charges once the sales deed is processed. Usually, the stamp duty is paid before or at the time of execution of the property.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>What are the penalties for not paying the Stamp Duty and Registration Charges?<\/b><\/p>\n<p><span style=\"font-weight: 400\">The penalty of 2% of the applicable stamp duty is charged from the date of the execution of the document. This penalty can go up to 200% of the main Stamp Duty.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>How to Pay the Stamp Duty and Registration Charges Online in Pune?<\/b><\/p>\n<p><span style=\"font-weight: 400\">The stamp duty and registration charges can be paid online by visiting Government Receipt Accounting System (GRAS) portal.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Are Stamp Duty &amp; Registration Charges In Pune The Stamp Duty and Registration charges in Pune are payable under the Maharashtra Stamp Act 1958. The Stamp Duty and the registration charges are governed by the state government and may be subject to changes depending on various factors.\u00a0 Here are the most recent Stamp Duty [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":18314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,10],"tags":[145,144,143],"class_list":["post-2124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pune","category-policies","tag-registration","tag-stamp-duty","tag-stamp-duty-registration-charges-in-pune"],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/2124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2124"}],"version-history":[{"count":21,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/2124\/revisions"}],"predecessor-version":[{"id":17584,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/2124\/revisions\/17584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media\/18314"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}