Stamp duty in Mumbai
- Stamp duty in Mumbai for men: 6% of property’s market value
- Stamp duty in Mumbai for women: 5% of property’s market value
- Registration charges: 1 % of the property value
- Stamp duty in Mumbai for men: 4% of property’s market value
- Stamp duty in Mumbai for women: 3% of property’s market value
- Registration charges: 1 % of the property value
- Stamp duty in Mumbai for men: 3% of property’s market value
- Stamp duty in Mumbai for women: 2% of property’s market value
- Registration charges: 1 % of the property value
Stamp duty Maharashtra charges urban and rural
- Stamp duty rates applicable (w.e.f. April 1, 2022) for men: 6% (includes 1% metro cess)
- Stamp duty rates applicable (w.e.f. April 1, 2022) for women: 5% (includes 1% metro cess)
- Registration charges: Rs 30,000 for properties above Rs 30 lakh 1% of property value for properties below Rs 30 lakh
- Stamp duty rates applicable (w.e.f. April 1, 2022) for men: 7% (includes 1% metro cess, metro cess, local body tax and transport surcharge)
- Stamp duty rates applicable (w.e.f. April 1, 2022) for women: 6% (includes 1% metro cess, metro cess, local body tax and transport surcharge)
- Registration charges: Rs 30,000 for properties above Rs 30 lakh 1% of property value for properties below Rs 30 lakh
- Stamp duty rates applicable (w.e.f. April 1, 2022) for men: 7% (includes 1% metro cess,  local body tax and transport surcharge)
- Stamp duty rates applicable (w.e.f. April 1, 2022) for women: 6% (includes 1% metro cess, local body tax and transport surcharge)
-Registration charges: Rs 30,000 for properties above Rs 30 lakh 1% of property value for properties below Rs 30 lakh
- Stamp duty rates applicable (w.e.f. April 1, 2022) for men: 7% (includes 1% metro cess,  local body tax and transport surcharge)
- Stamp duty rates applicable (w.e.f. April 1, 2022) for women: 6% (includes 1% metro cess,  local body tax and transport surcharge)
- Registration charges: Rs 30,000 for properties above Rs 30 lakh 1% of property value for properties below Rs 30 lakh
Home Loans
You can avail a maximum loan of 80% of the Agreement Value. However your loan amount may differ as per your income eligibility as appraised by the bank. All loans are at the sole discretion of the bank.
Banks and financial institutions usually offer loans for a term of 10-25 years.
Basic Documents:
- Completed Application Form with Photograph
- Photo Identity Proof
- Residence Address Proof
- Signature Verification Proof
- Age Proof
- Fee Cheque
- For Salaried Applicants:
- Last 3 months' Salary Slip
- Form 16
- Repayment Track record of existing loans/Loan closure letter
- Bank Statement for the last 6 months from Salary Account
- For Self Employed Applicants
- A brief introduction of Business/Profession
- Photo Identity Proof, Residence Address Proof, Signature Verification Statement for all the main partners/directors
- Repayment Track record of existing loans/Loan closure letter
- Board Resolution in case of a company
- Proof of the existence of the company
- Office Address Proof
- Income Tax Return / Computation of Total Income / Auditors Report / Balance Sheet / Profit & Loss
- Account certified by Chartered Accountant for last 2 years (both for business and personal of partners/directors)
This is deduction is available over and above the Rs 2 lakh deduction available under section 24. Thus, the total deduction available to an individual taxpayer on the interest payment on a housing loan taken to buy an affordable house is Rs 3.5 lakh in a financial year.
whatsapp