|Stamp Duty Mumbai is like a tax which is to be paid on time. Now-a-days e-stamping has become popular. E-stamping is an electronic way of making payment for the stamp duty. The value for the stamp duty is determined by the government.
Stamp duty is compulsory for the people to pay. The stamp duty makes the property legal and authorized. The ready reckoner helps you to find your location, valuation zone and sub zone. As per the ready reckoner, in 2010 the stamp duty will be calculated on the basis of the carpet area but not on the built-up area.
Stamp duty is like a tax which is collected by the government. It is to be filled by the people on time otherwise they will be penalized under an act. The punishment can be either imprisonment or the fine of money. To produce the documents in the court, it is necessary to present it on the stamp paper.
Stamp Duty Mumbai Calculator
Stamp Duty Mumbai calculator calculates the amount to be paid on the specific property in the various locations. You need to select the state/ city and then provide the property value and then calculate the stamp duty charged. The value of the stamp duty varies from state to state. Like the stamp duty rate of Maharashtra is 10% and it is charged on the market value. The charges for the stamp duty are likely to increase in the future.
Stamp Duty Mumbai Property
To know the market value on your property and the amount of stamp duty required, you can contact the ready reckoner. First, you should know the village name, and C.S no of your property. Then you can calculate the rate of stamp duty on your property. Stamp duty rates vary from place to place.
The Superintendent of Stamps
General Stamp Office,
Ground Floor,Town Hall Building,
Shahid Bhagatsingh Road,Fort,
Mumbai 400 023.
Ph: 266 4589, 266 4585
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