What is the stamp duty rate in Maharashtra 2025?

In Maharashtra, stamp duty on residential property is 6% for male or joint buyers and 5% for women buyers (sole name). An additional local body tax (LBT) of 1% applies in some municipal areas. Registration charges are 1% of the property value, capped at ₹30,000.

How is stamp duty calculated in Maharashtra?

Stamp duty is calculated on the higher of the actual transaction value or the government Ready Reckoner (circle) rate. If you buy a flat for ₹70 lakh but the RR rate is ₹80 lakh, stamp duty is calculated on ₹80 lakh.

Do women buyers get a discount on stamp duty in Maharashtra?

Yes. Women buyers in Maharashtra pay 5% stamp duty instead of the standard 6% — a 1% concession. This applies only when the property is registered solely in the woman's name.

What is the registration charge on property in Maharashtra?

Registration charges in Maharashtra are 1% of the higher of the transaction value or Ready Reckoner value, subject to a maximum of ₹30,000. For properties above ₹30 lakh, the registration charge is always ₹30,000.

Is GST included in stamp duty calculation?

No. GST and stamp duty are separate. GST applies to under-construction properties at 5% (1% for affordable housing). Ready-to-move properties with an Occupancy Certificate are exempt from GST. Stamp duty applies to all property registrations regardless of GST status.

Maharashtra Stamp Duty Calculator 2025

Calculate stamp duty and property registration charges for Maharashtra in seconds. Enter your property value, select buyer type, and get the full cost breakdown — including how the Ready Reckoner rate affects your calculation.

Stamp Duty Calculator

Maharashtra residential property — stamp duty + registration charges

Rates effective April 2025: 6% stamp duty (5% for women buyers) + 1% registration capped at ₹30,000. Always verify current rates at igr.maharashtra.gov.in before executing any document.

Property value (₹)

Ready Reckoner value (₹)

Buyer type

Property type

Total additional cost

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How Stamp Duty Works in Maharashtra

Stamp duty is a state government tax on the legal transfer of property. In Maharashtra, it is paid to the state government through the Department of Registration and Stamps (IGR). The stamp duty must be paid before or at the time of registering the sale deed at the Sub-Registrar's office.

The most important rule that many buyers miss: stamp duty is always calculated on the higher of the actual transaction value or the government Ready Reckoner (circle) rate. If you negotiate a price below the RR rate, you still pay stamp duty on the RR value. This prevents undervaluation of properties to evade tax.

Current Stamp Duty Rates — Maharashtra 2025

Buyer Type	Stamp Duty Rate	Registration Charge	Total
Male buyer	6%	1% (max ₹30,000)	6% + ₹30,000 max
Woman buyer (sole name)	5%	1% (max ₹30,000)	5% + ₹30,000 max
Joint (male + female)	6%	1% (max ₹30,000)	6% + ₹30,000 max
Commercial property	6%	1% (max ₹30,000)	6% + ₹30,000 max

Stamp Duty Calculation — Step by Step

Determine the base value: Take the higher of your agreed transaction price and the government Ready Reckoner rate for that area and property type.
Calculate stamp duty: Multiply the base value by the applicable rate — 6% for male/joint buyers, 5% for women buyers in sole name.
Calculate registration charges: 1% of the base value, subject to a maximum of ₹30,000. For any property above ₹30 lakh, registration is always ₹30,000.
Total outgo: Stamp duty + registration charges. This must be paid at the time of document registration, typically via Government Receipt Accounting System (GRAS) online payment.

Additional Charges to Be Aware Of

Local Body Tax (LBT): In certain municipal areas, an additional 1% LBT is levied. Check if this applies to your specific location.
Metro Cess: Areas along metro corridors may attract an additional cess. Currently applicable in parts of Mumbai and Pune.
GST: On under-construction properties, GST of 5% (1% for affordable housing) applies separately on the agreement value. Ready-to-move properties with an OC are GST exempt.
Advocate/documentation charges: Legal fees for drafting the sale deed, POA, or agreement — typically ₹5,000 to ₹25,000 depending on the advocate and complexity.

Women Buyer Concession — What Qualifies

The 1% stamp duty concession for women buyers is available only when the property is registered solely in the woman's name. Joint registrations — even with the woman as the first name — attract the standard 6% rate. The concession applies to one residential property per woman. Commercial properties do not get the concession.

From a tax planning perspective, registering in the woman's name saves 1% of the property value in stamp duty. On a ₹1 crore property, that is ₹1 lakh in savings — a meaningful amount worth planning for.

Stamp Duty on Under-Construction vs Ready-to-Move Properties

Stamp duty applies to the agreement for sale and sale deed regardless of construction status. For under-construction properties, stamp duty is typically paid on the agreement for sale first. For ready-to-move properties, it is paid on the conveyance deed / sale deed at the time of registration.

One key difference: under-construction properties also attract GST, which ready-to-move properties with an OC do not. Your total purchase cost calculation must account for both stamp duty and GST for under-construction units.

How to Pay Stamp Duty in Maharashtra

Maharashtra stamp duty is paid online through the Government Receipt Accounting System (GRAS) at gras.mahakosh.gov.in. After payment, a challan is generated which is presented at the Sub-Registrar's office along with the sale deed for registration. Physical stamp papers are no longer in use for property transactions above certain values — digital payment is mandatory.

This Is Tested in the MahaRERA Exam

Stamp duty calculation, the Ready Reckoner rule, and the women buyer concession are tested in the MahaRERA certification exam under the Sales and Documentation topic. A typical exam question: "A property is sold for ₹70 lakh. The RR value is ₹85 lakh. What is the stamp duty payable by a male buyer?" Answer: 6% of ₹85 lakh = ₹5.1 lakh.

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Frequently Asked Questions

Does stamp duty change every year in Maharashtra?

The base stamp duty rate (6%/5%) has been relatively stable in Maharashtra. However, the government occasionally introduces temporary concessions — for example, during COVID-19 the rate was reduced to 2% for a period. Additional charges like metro cess and LBT have been added and modified in recent years. Always verify the current rate at igr.maharashtra.gov.in before any transaction.

Can stamp duty be paid in cash?

No. Stamp duty for property transactions must be paid digitally through the GRAS portal (gras.mahakosh.gov.in). Cash payment is not accepted. Payment can be made via net banking, debit/credit card, or NEFT/RTGS. The system generates an electronic challan that serves as proof of payment.

What happens if I pay stamp duty on a lower value than the RR rate?

If the Sub-Registrar finds that the agreement value is lower than the Ready Reckoner rate, the registration can be refused or the document can be impounded. The stamp duty shortfall, along with a penalty of up to 10 times the shortfall amount, can be levied. Always pay stamp duty on whichever value is higher.

Is stamp duty refundable if the deal falls through?

Yes, partially. Maharashtra allows a refund of stamp duty paid on an agreement for sale if the property transaction does not proceed, subject to a 1% deduction as administrative charges. The refund application must be filed within a specified period. Consult an advocate for the specific procedure applicable to your case.

What is the Ready Reckoner rate and where do I find it?

The Ready Reckoner (RR) rate — also called the Annual Statement of Rates (ASR) — is the government-set minimum value for stamp duty purposes. It is published annually by the IGR Maharashtra and varies by location, property type, and floor. You can find the current RR rates at igrmaharashtra.gov.in under the Annual Statement of Rates section. Search by district, taluka, village/area, and property type.

Disclaimer: This calculator is for estimation purposes only. Actual stamp duty may vary based on your specific property, location, applicable local body taxes, and current government notifications. Verify current rates at igr.maharashtra.gov.in before any transaction. RERAExam is not affiliated with any government authority.

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