Frequently Asked Questions
What is stamp duty?
Stamp duty is a tax levied by state governments on property transactions. It serves as legal evidence of the property purchase and is mandatory for registration.
Is stamp duty different for men and women?
Yes, many Indian states offer reduced stamp duty rates for women buyers to encourage property ownership among women. The discount can be 1-2% lower than male rates.
Which state has the lowest stamp duty?
States like Rajasthan and Andhra Pradesh have relatively lower stamp duty rates compared to states like Maharashtra and Delhi.