- 6%Stamp duty in Mumbai
- 5%For a woman buying a home
- ₹30,000Most you pay as registration fee
- ₹15,439Average Ready Reckoner rate for flats per sq ft, Mumbai City and Mumbai Suburban
Stamp duty is charged on your deal price or the Ready Reckoner value, whichever is higher. Enter both if you have them.
₹2 crore
Don't know it? Use the Ready Reckoner rate calculator.
Stamp duty and registration charges in Mumbai
Here is how the 6% stamp duty in Mumbai is made up, and what you pay as registration charges on top of it.
Stamp duty on a 1,000 sq ft flat in Mumbai: popular areas
Each figure below is the least you would pay, stamp duty plus registration fee, on a 1,000 sq ft flat of built-up area at the average Ready Reckoner rate for flats in that area. If you pay more than Ready Reckoner value, the duty is charged on your price instead.
Stamp duty in Mumbai by flat price
Most buyers in Mumbai pay more than Ready Reckoner value, so the duty is charged on the price. Here is what you pay at some common budgets.
| Flat price | Stamp duty (6%) | Registration fee | Total | Woman buyer (5%) |
|---|---|---|---|---|
| ₹75 lakh | ₹4,50,000 | ₹30,000 | ₹4,80,000 | ₹4,05,000 |
| ₹1.5 crore | ₹9,00,000 | ₹30,000 | ₹9,30,000 | ₹7,80,000 |
| ₹3 crore | ₹18,00,000 | ₹30,000 | ₹18,30,000 | ₹15,30,000 |
| ₹5 crore | ₹30,00,000 | ₹30,000 | ₹30,30,000 | ₹25,30,000 |
Who pays 6% in Mumbai
The 6% rate applies to property inside the Brihanmumbai Municipal Corporation (BMC), which covers both Mumbai City (the island city, from Colaba to Mahim and Sion) and Mumbai Suburban (from Bandra and Kurla up to Dahisar and Mulund). Ready Reckoner rates for both are published separately, so check the Mumbai City or Mumbai Suburban rates for your zone.
Cities around Mumbai, such as Thane, Navi Mumbai and Mira Bhayandar, are outside BMC and have their own rate. Since registration fee stops at ₹30,000, almost every flat in Mumbai pays the same ₹30,000, whatever its price.
Stamp duty in Mumbai: common questions
What is stamp duty for women in Mumbai?
5% instead of 6%, when every buyer on the deed is a woman and the property is a home. On a ₹1.5 crore flat, that saves ₹1,50,000. Registration fee stays at ₹30,000.
Is stamp duty different in South Mumbai and the suburbs?
No. The rate is 6% across BMC limits, in Colaba as well as Borivali. What changes is Ready Reckoner rate, so the minimum value of a flat is much higher in South Mumbai.
Do I pay stamp duty on the carpet area price or the agreement value?
On the agreement value, or Ready Reckoner value if that is higher. Ready Reckoner value is calculated on the built-up area of the flat, not the carpet area.
Is the 1% metro cess still charged in Mumbai?
Yes. It has been part of the 6% since 1 April 2022 and is paid along with stamp duty at the time of registration.
Buying somewhere else in Maharashtra? Use the Maharashtra stamp duty calculator, or see stamp duty in Pune, Thane and Nagpur.