Stamp Duty rates for residential and commercial property in Mumbai effective 1st May 2006

  Current Stamp Duty Rates for Ownership Flats for 2011 ( W.E.F 1st May 2006)


  Market Value of Flats( Rs )                              Stamp Duty ( Rs)

     Upto Rs 2,50,000/-                                            Rs 100

Between Rs 2,50,001/- to Rs 5,00,000/-    Rs 100 + 3% of the value above Rs 2,50,000/-


          Rs 5,00,000/-                                                Rs 7,600/-


      Above Rs 5,00,000/-                                       Rs 7,600/- + 5% of the value above Rs 5,00,000/-
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 Stamp Duty for Non Residential Property is Straight away  5% of the Market Value.


Posted by : Satt Reality Estate & Property Consultants


website address: www.sattproperties.in