What is the stamp duty and registration charge in Mumbai? On what basis is the payable amount calculated?
Actually stamp duty is 5 percent in Mumbai city. Mumbai property is very costly than other city of India.Dear manaliguptaa,
As per yours concern, charges for stamp duty is 5% and registration is 1%. It is calculated on the basis on value of property shown on paper by the property owner or value of property assesed by the Govt, whichever is higher.