Maharashtra Property Registration Charges 2026
Stamp Duty: A tax levied by the state government on property transactions. It's calculated as a percentage of the property value or the government-determined reckoner rate, whichever is higher.
Reckoner Rate: The minimum price at which a property can legally be sold as determined by the State Government. It's based on current economic conditions and varies by location. If the actual transaction value is lower than the reckoner rate, stamp duty is calculated on the reckoner rate.
Registration Charges: A fee paid to register the property transaction with the government, typically 1% of the property value, capped at ₹30,000 for properties above ₹30 lakh in certain areas.