Factors Influencing Stamp Duty Rates
These are different factors that can influence stamp duty rates in India, such as:
The more the property’s value, the more the stamp duty charges can be levied.
Property Value:
Generally, commercial properties have higher stamp duty rates than residential properties.
Property Type:
Property location on urban or rural land can set the percentage value for your stamp duty.
Location:
Stamp charges vary depending on the purpose of every property Sale, buy, lease, or transfer of ownership.
Purpose:
Many states in India offer lower stamp duty rates for women and senior citizens.
Age & Gender:
State-wise variations in stamp duty rates
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