ServicesStamp Duty & Registration
Stamp Duty & Registration
Complete your property transactions smoothly with our professional Stamp Duty and Registration services. We assist individuals, businesses, and property owners in calculating applicable stamp duty, preparing required documents, and ensuring hassle-free registration in compliance with legal regulations.
Key Benefits:
- Accurate Stamp Duty Assessment and Guidance
- Assistance with Property Registration Procedures
- Legally Compliant Documentation Support
- Timely Processing of Registration Formalities
- Expert Guidance on Government Regulations and Requirements
- Reduced Risk of Penalties and Documentation Errors
- Transparent and Efficient Transaction Process
- End-to-End Support from Documentation to Registration Completion
Stamp Duty & Registration in state of Maharashtra
Sr | Dates | Changes that occurred since 4th July 1980 |
1. | 4th July 1980 | Concept of Market Value introduced for the payment of stamp duty on conveyance |
2. | 10thDecember 1985 | Agreement for Sale to deemed to be conveyance for the purpose of charging Stamp |
3. | 10thDec’ember 1985 | Benefit of Stamp Duty as per Article 25 (d) made applicable from this date up to March 16th 1988 (vide Notification dated 11/05/1994) as Article 25 (d) was introduced on 17th March 1988. Earlier Stamp Duty was 10%, 12% and 15% depending on the value. |
4. | 17th March 1988 | Article 25 (d) was introduced reducing stamp duty for residential properties. |
5 | 1st Dec’ 1989 | Stamp Paper is valid for a period six months only. |
6. | 7th Feb’ 1990 | Development Agreement is subject to 1% stamp duty, which was earlier Rs.100/- |
7. | 1st March 1990 | Stamp Duty Ready Reckoner was brought out for the first time for the purpose of Market Value for charging Stamp Duty. Earlier this work was being done by the Town Planning and Valuation Department. |
8. | 1st April 1994 | FIRST Stamp Duty Amnesty Scheme, for instrument executed after 040701980, was announced which was operative up to 30-06-1995, Penalty was Rs. 250/- |
9. | 1st May 1994 | Stamp Paper to be purchased in the name of one of the parties signing the document. |
10. | 19th May 1995 | Franking of Document was started at General Stamp Office, Mumbai. |
11. | 1st October 1995 | Practice of sending the document to Pune was discontinued and documents were given back within 2 weeks. |
12. | 5th July 1997 | SECOND Stamp Duty Amnesty Scheme announced, which was operative up to 31-03-1998, Penalty was Rs. 250/- |
13. | 7th Feb 1998 | Stamp Duty Ready Reckoner in English was first published by The Architects Publishing Corporation of India. |
14. | 26th November 1998 | THIRD Stamp Duty Amnesty Scheme announced, which was operative up to 31-03- 1999, Penalty was Rs. 300/- |
15 | 31st March 2000 | Registration made compulsory for Leave and License and Tenancy Agreements. Premium (Pugree) on tenanted premises was legalized, |
16. | 1st January 2001 | Stamp Duty Ready Reckoner with C.T.S. numbers was first brought out by the department. |
17. | 1st May 2001 | Penalty reduced to maximum 2 times of deficient Stamp Duty. Earlier the penalty was up to 10 times. |
18. | 1st June 2001 | Requirement of obtaining Income Tax Clearance Certificate Under Section 230 A of Income Tax Act was waived off. |
19. | 25th September 2001 | The registration Act, 1908 was amended, withdrawing authority & powers of Sub-Registrars of Delhi, Kolkata, Chennai, & Mumbai to register documents relating to property situated anywhere in India. This amendment was made applicable to state of Maharashtra through executive order with effect from 01-01-2002 |
20. | 1st January 2002 | Affixing of photographs & thumb impression made compulsory for registration of documents relating to property. |
21. | 1st February 2002 | Registration of documents was computerized in Mumbai and in some other cities. |
22. | 1st April 2002 | Capital Gains Tax on sale of immovable properties to be calculated on the basis of Market Value as arrived by Stamp Valuation Authority as per Stamp Duty Ready Reckoner. |
23. | 1st May 2002 | Stamp Duty reduced to 2 percent for the gifs to relative. |
24. | 1st July 2002 | Requirement of obtaining ‘No Objection Certificate’ under Chapter XXC of Income Tax Act was waived off. |
25. | 2nd August 2002 | A Landmark judgment on Stamp Duty was delivered regarding market value of property sold under government control. |
26. | 20th June 2003 | For registration producing of Commencement Certificate, Occupation Certificate or Completion Certificate was made compulsory. However building constructed prior to 25-03-1991 is exe4mpted from this provision. |
27. | 1st April 2003 | India’s first Stamp Duty & Registration was started for Mumbai |
28. | 1st April 2003 | Registration fees was increased to Rs.30,000/- |
29. | 1st May 2003 | Rate of Stamp Duty between Rs.10 Lakhs to 15 lakhs reduced from 8 % to 6 % |
30. | 15th October 2003 | Registration Fees is payable by way of Government Challan, Bank Draft or Pay Order. |
31. | 26th January 2004 | FOURTH Stamp Duty Amnesty Scheme announced, which was operative till 31st October 2004. Penalty was Rs.1000/- or 1% of deficient Stamp Duty amount, whichever was more. |
32. | 1st July 2004 | Stamp Duty reduced to maximum 5 percent. |
33. | 7th May 2005 | Investor friendly Stamp Duty introduced to flat sold within three years from the date of purchase from the builder. |
34. | 1st May 2006 | Stamp Duty reduced to Rs. 7600/- from Rs.8750/- on value of Rs. 5 Lakhs. |
35. | 6th June 2007 | Photograph, identity proof and thumb impression of witnesses during registration of document made mandatory by order of I.G.R. |
36. | 6th December 2007 | Urban Land (Ceiling & Regulation) Act 1976 repealed. |
37. | 25th February 2008 | The District Deputy Registrar of Co-Operative Societies appointed as competent authority for deemed conveyance. |
38. | 12th May 2008 | Sale of Flat on Carpet Area basis made mandatory. |
39. | 5th June 2008 | Investor friendly Stamp Duty applicable if Flat is sold within one year. |
40. | 5th June 2008 | Stamp Duty on Power of Attorney to sell immovable property shall be as per conveyance. |
41. | 5th June 2008 | Stamp Duty on Development Agreement shall be as per conveyance, which was 1% earlier. |
42. | 9th June 2008 | FIFTH Stamp Duty Amnesty Scheme announced. After 2 extensions effective up to 30/11/2008 and break between 01/12/2008 to 01/03/2009, it was further extended on 02/03/2009 up to 31/03/2009. Penalty Rs.500/1000 as applicable. |
43. | 11th August 2008 | E-Stamping started at Pune. |
44. | 16th February 2009 | Upper limit for Registration Fees of Rs.30,000/- was removed and registration fees was made directly 1% of the Market Value without upper limit but by a notification dated 01/03/2009, the earlier notification dated 16/02/2009 was stayed temporarily till further orders. |
45. | 1st April 2010 | Capital Value was adopted for Property Tax by Municipal Corporation of Greater Mumbai. |
46. | 26th August 2010 | ₹ was adopted as official symbol of Indian Currency – Rupee, by Government of India. |
47. | 31st August 2010 | Builders have no right to sell parking under stilt and on open land, held Supreme Court |
48. | 13th October 2010 | Rules notified under Deemed Conveyance. |
49. | 24th October 2011 | 0.33 additional F.S.I. available on payment of premium for Mumbai Suburban District. |
50. | 22nd December 2011 | Registration of Deed of Confirmation / Single sided declaration, older than 8 months on old Market Value, discontinued. |
51. | 6th January 2012 | Concept of Fungible F.S.I. introduced. |
52. | 25th April 2012 | Stamp Duty @5% of Market Value on all properties in Municipal Corporation. (Articles of 25(d) pertaining to slab wise stamp duty rate is deleted. |
53. | 6th September 2012 | Office bearers of Co.Op Housing Societies need not sign any bond. |
54. | 20th October 2012 | Office Timings of few Sub-Registrar’s office in Mumbai Suburban changed to 7 a.m. to 2 p.m. & 2 pm to 9 p.m. |
55. | 5th December 2012 | Both side typed/ printed document accepted for registration. |
56. | 1st May 2013 | Stamp Duty on ‘Leave and License Agreement’ rationalized all over Maharashtra. |
57. | 1st June 2013 | Buyer of immoveable properties must deduct TDS under Income Tax Act. 1961 @1% of Agreement Value, if the Agreement Value is Rs. 50 Lakhs or more. |
58. | 12th February 2014 | e-Registration of ‘Leave and License Agreements’ started. |
59. | 1st March 2014 | Both sides typed/ printed documents made compulsory for registration. |
60. | 10th July 2014 | e-Registration of Sale Document of large projects started. |
61. | 1st August 2014 | Thane District bifurcated into Thane and Palghar Districts |
62. | 24th April 2015 | Penalty for late payment of stamp duty is increased to maximum 4 times of deficient stamp duty. Earlier the penalty was maximum up to 2 times. |
63. | 24th April 2015 | For residential and agriculture property gifted to husband, wife, son, daughter, grandson. Grand-daughter or wife of deceased son, the amount of stamp duty is fixed at Rs. 200/- |
64. | 4th November 2015 | For arriving at Market Value of old properties the value of land portion is not entitled for depreciation. |
65. | 4th December 2015 | Additional F.S.I. 0f 0.50% in Mumbai Suburban District shall be allowed by paying premium at the rate of 60% of the land value as per the prevailing Stamp Duty Ready Reckoner rate. Earlier only 0.33% F.S.I. was allowed. However premium was charged as per the market value rate of land given in the Stamp Duty Ready Reckoner for the year 2008. |
66. | 1st April 2016 | Ready Reckoner will now be issued on 31st March every tear and shall be applicable from coming 1st April for that Financial Ready Reckoner was issued on 31st December every year and was applicable for coming calendar year. |
67. | 1st May 2016 | Real Estate (Regulation and Development) Act comes into force. |
68. | 8th November 2016 | Notes of Rs. 1000/- and Rs. 500/- of old series withdrawn from circulation (Demonetized) |
69. | 1st April 2017 | Any property sold on or after this date is eligible for valuation as on 01-04-2001, if that property was acquired prior to 31-03-2001, for the purpose of calculating capital gains tax. Earlier this sate was 01-04-1981. |
70. | 1st July 2017 | G.S.T. came into force throughout the India. |
71. | 8th November 2017 | Note of Rs. 1000 & Rs. 500 of old series withdrawn from circulation. |
72. | 1st March 2019 | Property Tax exempted for residential flats up to 500 Sq. ft. Carpet area |
73. | 8th February 2019 | Metro Cell @1% in addition to Stamp Duty made applicable in Mumbai on Sale, Gift and Mortgage documents. |
74. | 1st March 2019 | SIXTH Stamp Duty Amnesty Scheme for a period of 6 months. |
75. | 1st October 2019 | SIXTH Stamp Duty Amnesty Scheme extended for 3 months. |
76. | 1st April 2020 | Any property that was acquired prior to 31-03-2001 and sold on or after this date and eligible for valuation as on 01-04-2001 for the purpose of calculating long term capital gains tax shall be valued at it’s fair market value as on 01-04-2001 and which shall not exceed value arrived on the basis of Stamp Duty Ready Reckoner as on 01-04-2001 |
77. | 1st April 2020 | Metro Cess 1% applicable in MMRDA region is waived off for a period of 2 years on Sale, Gift and Mortgage Documents. |
78. | 1st September 2020 | Stamp Duty on Sale Documents reduced to 2% up to 31-12-2020 and to 3% up to 31-03-2020 |
79. | 12th September 2020 | Ready Reckoner for the year 2020-21 applicable from 12-09-2020 to 31-03-2021 for entire Maharashtra issued by IGR. Normally Ready Reckoner is issued on 1st April every year. |
80. | 12th November 2020 | Sale of housing unit by builder up to Rs. 2 Crore at a price which is 20% less than the ready reckoner value shall not attract section 43CA on Income tax Act and the same will be considered as sale consideration. Earlier only up to 10% difference was acceptable. This benefit is applicable up to 30th June 2021. |
81. | 1st April 2022 | SEVENTH Stamp Duty Amnesty Scheme announced for a period of 8 months up to 30-11-2022. Thereafter it was extended for few more months. |
82. | 4th October 2023 | P/East ward was created as the 25th ward of the Mumbai Municipal Corporation |
83. | 23rd July 2024 | Under Income Tax Act, Immovable properties acquired on or after 23-07-2024 will not be eligible for benefit of Indexation. For individuals and HUFs who acquired the immovable properties before 23-07-2024, can, for capital Gains, opt either 12.5% tax rate without indexation benefit or 20% tax rate with indexation benefit. |
84. | 17th February 2025 | Documents relating to Mumbai city District and Mumbai Suburban District can be registered in any of the 32 offices of Sub-Registrar of Assurance in Mumbai City and Mumbai Suburban. In other words all the sub-registrar offices in Municipal Corporation of Greater Mumbai area has common jurisdiction. |
85. | 1st April 2025 | Adjudication fees revised from Rs.100 to Rs. 1000/-. Earlier it was Rs.100/- and which was fixed on 01-05-2001 |
86. | 1st April 2025 | Adjudication fees revised from Rs.100/- to Rs. 1000/-. Earlier it was Rs.100/- and which was fixed on 01/05/20201 |
87. | 17th April 2025 | Computer Service charges per page is increased from Rs.20/- to Rs. 40/-. |
88. | 10th October 2025 | Documents relating to property in Mumbai City District and Mumbai Suburban District can be adjudicated in any of the 4 offices of Collector of Stamps in Mumbai, In other words all the Collector of Stamps offices in Municipal Corporation of Greater Mumbai area has common jurisdiction. |
89. | 21st December 2025 | Earlier the Probate was compulsory for Hindus, Sikhs, Jains, or Buddhists for wills executed in or regarding the Property in Mumbai, Chennai & Kolkatta. Now the Probate is not compulsory for above such wills vide amended in The Indian Succession Act, 1925 where the section 213 relating to above requirement was altogether deleted. Interestingly the same section 213 exempted the Indian Christian and Muhammadans from the requirement of probate. |
