Stamp duty & Reg

Panvel Property Registration Guide

Stamp Duty

  • 5% in Greater Mumbai, 6% in TMC judiciary limits
  • Calculated on agreement or market value, whichever is higher
  • Pay-order in favor of 'SUPERINTENDENT OF STAMPS, Mumbai'
  • 5% for galas/office/shop premises and garages in Mumbai

Registration Process

  • Records ownership under the India Registration Act
  • Submit original document and two photocopies
  • Two witnesses required
  • Pay appropriate registration fees

Stamp Duty Office

  • M.T.N.L Building, Ground Floor, New Panvel
  • SDistrict Raigad, Maharashtra
  • Pin Code - 410206

Registration Fee

  • Approximately 1% of market value or agreement value (whichever is higher)
  • Maximum Rs.30,000/-
  • Applies to: Conveyance, Exchange, Gift, Partition
  • Transfer of lease, Sale, Power of attorney
  • Authorization to sell property

Important Notes

  • Registration is mandatory for legal ownership
  • Stamp duty is calculated on higher of agreement or market value