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A listing of Stamp Duty values for properties in Mumbai.
Residential
| Maharashtra |
New Stamp Duty Rates on Instruments relating to Sale of Property in a Co-operative Housing Society, Etc. are as follows :
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Remarks |
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within Municipal limits of Greater Mumbai,Navi Mumbai, Pune & Thane.
If relating premises registered under Maharashtra Co-operative Societies Act, 1960, or the Maharashtra Ownership Flat Act, 1963, or the Maharashtra Apartment Ownership Act, 1970
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Where the value of property does not exceed Rs.2,50,000/- Rs.100
Where the value of property exceeds Rs.2,50,000/- but does not exceed Rs.5,00,000/- Rs.100 plus 3% of the value above Rs.2,50,000/-
Where the value of property exceeds Rs.5,00,000/- Rs.7,600 plus 5% of the value above Rs.5,00,000/- |
On the market value or the agreement value whichever is higher. |
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FROM 7TH MAY, 2005 ONWARDS STAMP DUTY ON LEAVE & LICENCE AGREEMENT SHALL BE APPLICABLE AS FOLLOWS :
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12 MONTHS
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24 MONTHS
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36 MONTHS
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48 MONTHS
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60 MONTHS
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Residential
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Commercial |
Residential
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Commercial |
Residential
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Commercial |
Residential
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Commercial |
Residential
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Commercial |
A) Where the amount of Average Annual Rent plus Security Deposit or Money Advanced or to be Advanced is Rs. 1 to Rs. 2,50,000/-
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750/-
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1,500/-
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1,500/-
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3,000/-
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2,250/-
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4,500/-
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3,000/-
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6,000/-
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3,750/-
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7,500/-
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B) Where the amount of Average Annual Rent plus Security Deposit or Money Advanced or to be Advanced is Rs. 2,51,000/- to Rs. 5,00,000/-
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1,500/-
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3,000/-
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3,000/-
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6,000/-
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4,500/-
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9,000/-
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6,000/-
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12,000/-
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7,500/-
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15,000/-
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C) Where the amount of Average Annual Rent plus Security Deposit or Money Advanced or to be Advanced is Rs. 5,01,000/- to Rs. 20,00,000/-
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3,000/-
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6,000/-
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6,000/-
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12,000/-
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9,000/-
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18,000/-
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12,000/-
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24,000/-
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15,000/-
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30,000/-
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D) Where the amount of Average Annual Rent plus Security Deposit or Money Advanced or to be Advanced is Rs. 20,00,000/- & Above
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5,000/-
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10,000/-
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10,000/-
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20,000/-
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15,000/-
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30,000/-
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20,000/-
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40,000/-
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25,000/-
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50,000/-
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