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Glossary

Stamp Duty and Registration

State taxes paid on property transfer, typically 5% to 11% of value, not funded by lenders.

What it means

Stamp duty is levied by the state on the sale deed and varies from about 4% to 8%; registration charges add 1% to 4%. Several states offer concessions for women buyers. Lenders do not finance these costs, so they form part of your own contribution.

Rates and concessions change; check the current state schedule before budgeting. Our city pages summarise the position in each major city.

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