Stamp duty rates in Maharashtra are governed by the Bombay Stamp Act, 1958, and are updated periodically through government notifications. This article provides the complete, up-to-date stamp duty rates for all common document types in Maharashtra as of 2025.
Bookmark this page — we keep it updated whenever rates change.
Property Sale Deeds
Property stamp duty is the largest category and varies by location and buyer profile.
Base Rates for Property Transactions
| Location | Stamp Duty | Registration Fee | Metro Cess | Total |
|---|---|---|---|---|
| Mumbai (BMC area) | 5% | 1% | 1% | 7% |
| Mumbai Suburban | 5% | 1% | 1% | 7% |
| Navi Mumbai | 5% | 1% | 1% | 7% |
| Thane (TMC area) | 5% | 1% | 1% | 7% |
| Pune (PMC area) | 5% | 1% | — | 6% |
| PCMC area | 5% | 1% | — | 6% |
| Nagpur | 5% | 1% | — | 6% |
| Rest of Maharashtra | 5% | 1% | — | 6% |
Concession for Women Buyers
Women buyers in areas that charge Metro Cess (Mumbai, Navi Mumbai, Thane) get a 1% concession:
| Location | Women Buyers | Men/Joint Buyers |
|---|---|---|
| Mumbai/Thane/Navi Mumbai | 6% total | 7% total |
| Pune and rest of Maharashtra | 6% (no concession, already lower) | 6% |
First-Time Property Purchase
As of 2025, Maharashtra does not have a specific first-time buyer concession on stamp duty. However, properties under government affordable housing schemes may have reduced rates.
Example Calculations
Example 1: 2BHK Flat in Andheri, Mumbai
- Agreement value: Rs. 1,50,00,000 (1.5 crore)
- Buyer: Male
- Stamp duty (5%): Rs. 7,50,000
- Registration fee (1%): Rs. 1,50,000 (capped at Rs. 30,000)
- Metro cess (1%): Rs. 1,50,000
- Total: ~Rs. 10,50,000
Note: Registration fee is capped at Rs. 30,000 for residential properties in Maharashtra.
Example 2: 3BHK Flat in Kothrud, Pune
- Agreement value: Rs. 95,00,000 (95 lakh)
- Buyer: Female
- Stamp duty (5%): Rs. 4,75,000
- Registration fee (1%): Rs. 30,000 (capped)
- Total: ~Rs. 5,05,000
Rental Agreements (Leave and License)
Leave and License Agreement (Article 36A)
| Duration | Stamp Duty Rate |
|---|---|
| Any duration | 0.25% of total consideration |
Total consideration = (Monthly Rent x Months) + Non-Refundable Deposit + (10% x Refundable Deposit x Years)
Minimum stamp duty: Rs. 100 Registration fee: Rs. 1,000 (mandatory for agreements over 12 months)
Lease / Rent Agreement (Article 36)
| Duration | Stamp Duty Rate |
|---|---|
| Up to 1 year | 0.25% of rent for the period |
| 1-3 years | 0.50% of rent for the period |
| 3-5 years | 0.75% of rent for the period |
| 5-10 years | 1.00% of rent for the period |
| 10-20 years | 1.50% of rent for the period |
| 20-30 years | 2.00% of rent for the period |
| Above 30 years | Same as conveyance (sale deed) rate |
Quick Reference: Monthly Rent to Stamp Duty
For a standard 11-month leave and license with security deposit equal to 3 months' rent:
| Monthly Rent | Approx. Stamp Duty |
|---|---|
| Rs. 8,000 | Rs. 200 |
| Rs. 10,000 | Rs. 300 |
| Rs. 15,000 | Rs. 500 |
| Rs. 20,000 | Rs. 600 |
| Rs. 25,000 | Rs. 800 |
| Rs. 30,000 | Rs. 1,000 |
| Rs. 40,000 | Rs. 1,300 |
| Rs. 50,000 | Rs. 1,500 |
| Rs. 75,000 | Rs. 2,300 |
| Rs. 1,00,000 | Rs. 3,000 |
Actual amounts vary based on deposit amount and agreement terms. Use eStamp's auto-calculator for exact figures.
Gift Deeds
| Gift Type | Stamp Duty |
|---|---|
| Immovable property to family (spouse, children, grandchildren, siblings) | 3% of market value |
| Immovable property to others | Same as conveyance (5%) |
| Movable property | Rs. 200 (flat) |
Family definition for concessional rate: Spouse, son, daughter, grandson, granddaughter, brother, sister.
Power of Attorney
| Type | Stamp Duty |
|---|---|
| General Power of Attorney (GPA) | Rs. 500 |
| Special Power of Attorney | Rs. 100-500 |
| GPA for property sale | Same as conveyance rate |
| Power of Attorney to relatives for property management | Rs. 500 |
Important: Using a GPA to transfer property (instead of a registered sale deed) is legally risky and not recommended. The Supreme Court has ruled that property transfers through GPA are not legally valid.
Affidavits and Declarations
| Document Type | Stamp Duty |
|---|---|
| General affidavit | Rs. 100 |
| Court affidavit | Rs. 100 |
| Statutory declaration | Rs. 100 |
| Self-declaration | Rs. 100 |
Partnership and Business Documents
| Document Type | Stamp Duty |
|---|---|
| Partnership deed | Rs. 500 |
| Dissolution of partnership | Rs. 200 |
| Memorandum of Association (MoA) | Rs. 200 per lakh of authorized capital |
| Articles of Association (AoA) | Rs. 100 |
| Share transfer | 0.25% of share value |
Loan and Mortgage Documents
| Document Type | Stamp Duty |
|---|---|
| Mortgage deed | 0.3% of loan amount (capped) |
| Mortgage by deposit of title deeds | 0.1% of loan amount |
| Hypothecation | 0.1% of loan amount |
| Loan agreement | 0.1% of loan amount |
| Guarantee/Surety bond | Rs. 100-500 |
Wills and Succession
| Document Type | Stamp Duty |
|---|---|
| Will (testament) | Rs. 0 (no stamp duty required) |
| Probate | Court fees (not stamp duty) |
| Release deed (family settlement) | Rs. 200 |
| Family arrangement | Rs. 200-500 |
Other Common Documents
| Document Type | Stamp Duty |
|---|---|
| Indemnity bond | Rs. 100-500 |
| Agreement (general) | Rs. 100 |
| Adoption deed | Rs. 100 |
| Surrender of tenancy | Rs. 100 |
| Cancellation deed | Rs. 300-500 |
| Rectification deed | Rs. 100-500 |
| Notarized document | Notary fee only (Rs. 50-200) |
Recent Changes and Amendments
2025 Updates
- Maharashtra has launched its own e-stamp certificate system through the IGR portal (since April 2025)
- Metro cess continues to apply in Mumbai Metropolitan Region
- Women buyer concession remains at 1% in metro cess areas
- Ready reckoner rates revised annually (check the latest rates on the IGR website)
2024 Changes
- Digital verification of e-stamps strengthened
- Registration fee cap for residential properties confirmed at Rs. 30,000
How to Save on Stamp Duty in Maharashtra
While you cannot avoid stamp duty, there are legal ways to reduce it:
1. Register Property in a Woman's Name
In Mumbai Metro Region, women buyers save 1% (the Metro cess is waived). On a Rs. 1 crore property, that is a Rs. 1 lakh saving.
2. Check for Government Scheme Benefits
Properties under PMAY, MHADA, and other affordable housing schemes may have reduced stamp duty.
3. Claim Tax Deduction
Stamp duty and registration charges paid for a self-occupied property are eligible for tax deduction under Section 80C of the Income Tax Act (up to Rs. 1.5 lakh per year, combined with other 80C investments).
4. Avoid Overvaluation
Stamp duty is calculated on the higher of the agreement value or the ready reckoner rate. Ensure your property valuation is accurate — don't overpay by declaring a higher agreement value than necessary.
5. Use Leave and License for Rentals
For durations over 1 year, a leave and license agreement has lower stamp duty (0.25%) compared to a lease agreement (0.50% for 1-3 years).
Penalty for Non-Payment or Underpayment
| Situation | Penalty |
|---|---|
| Document not stamped at all | 2% of deficit per month + deficit amount |
| Insufficient stamp duty | 2% of deficit per month |
| Maximum penalty | 400% of the deficit (4 times) |
| Using the document without proper stamp | Document inadmissible in court |
Frequently Asked Questions
When are Maharashtra stamp duty rates revised?
Ready reckoner rates (which affect property stamp duty) are revised annually, typically in April. Stamp duty percentages are changed through government notifications and don't follow a fixed schedule.
Is stamp duty higher in Mumbai than Pune?
The base stamp duty rate (5%) is the same. However, Mumbai, Navi Mumbai, and Thane have an additional 1% Metro cess, making the effective rate 7% (including registration) compared to 6% in Pune.
Can I pay stamp duty in instalments?
No. Stamp duty must be paid in full before or at the time of document execution. For property purchases, it is typically included in the closing costs.
Is stamp duty applicable on resale properties?
Yes. Stamp duty applies to every property transfer, whether it is a new property from a builder or a resale from an existing owner.
How is stamp duty calculated for under-construction properties?
Stamp duty is calculated on the agreement value or ready reckoner rate (whichever is higher) at the time of the agreement to sell. GST on under-construction properties is separate from stamp duty.
Calculate Your Exact Stamp Duty
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