(i) If relating to immovable property situated within the limits of any Municipal Corporation or any Cantonment area annexed to it or any urban area not mentioned in sub-clause (ii).

5% + 1% of True Market Value of Property Additional 1% Stamp Duty w.e.f. 8/2/2019

1% of True Market Value*

(ii) If relating to immovable property situated within the limits of any Municipal Councils or Nagar Panchayat or Cantonment area annexed to it, or any rural area within the limits of the Mumbai Metropolitan Region Development Authority, or the Influence Areas as per the annual statement of rates published under the Bombay Stamp (Determination of True Market Value of Property) Rules 1995.

5% + 1% of True Market Value of Property Additional 1% Stamp Duty w.e.f. 8/2/2019

1% of True Market Value*

(iii) If relating to immovable property situated within the limits of any Gram Panchayat area or any such area not mentioned in sub-clause.

4% of True Market Value of Property

1% of True Market Value*

Notes

 a.  Stamp duty is payable on market value of property as per stamp duty ready reckoner or agreement value, whichever is higher.

 b.  Stamp duty is charged for ₹ 500 or its parts. A registration fee is charged for every ₹ 1000 or part thereof.

 c.  For all practical purpose stamp duty must be paid on execution of agreement failure to which penalty @ 2% p.m. (Maximum four times) of deficit stamp duty is payable

Provided further that, if the residential and agricultural property is gifted to husband, wife, son, daughter, grandson, granddaughter or wife deceased son, the amount of duty chargeable shall be 1% of Market value w.e.f. from 8/2/2019

In any other cases stamp duty is same as applicable to conveyance deed, under Article 25 i.e. 6% at market value.

5% + 1% Additional 1% Stamp Duty w.e.f. 8/2/2019

1% of market value or ₹ 30,000 whichever is less. Registration is compulsory

(b) In any other case.

5% + 1% of True Market Value Additional 1% Stamp Duty w.e.f. 8/2/2019

1% of True Market Value or ₹ 30,000/- whichever is less.

(ii) Where the leave & licence agreement purports to be for a period exceeding sixty months with or without renewal clause.

As per Article 36, Lease

1% of True Market Value*

Where such lease purport to be

 (i) For a period not exceeding five years.

6% of 10% share of Market Value of property

1% of 10% share of Market Value or ₹ 30,000/- whichever is less

(ii) For a period exceeding five years but not exceeding ten years, with a renewal clause contingent or otherwise.

6% of 25% share of Market Value of property

1% of 25% share of Market Value or ₹ 30,000/- whichever is less

(iii) For a period exceeding ten years but not exceeding twenty nine years, with a renewal clause contingent or otherwise.

6% of 50% share of Market Value of property

1% of 50% share of Market Value or ₹ 30,000/- whichever is less

(iv) For a period exceeding twenty nine years or in perpetuity, or does not purport for any definite period, or for lease for period exceeding twenty nine years, with a renewal clause contingent or otherwise.

5% of 90% share of Market Value of property

1% of 90% share of Market Value or ₹ 30,000/- whichever is less

Notes & Explanations

 1.  Any consideration in the form of premium or money advanced or to be advanced or security deposit by whatever name called shall, for the purpose of market value, be treated as consideration passed on.

 2.  The renewal period, if specifically mentioned, shall be treated as part of the present Lease.

[Including agreement for surrendering of lease].

(i) Without any consideration

(ii) With consideration

₹ 200/-

6% of Consideration

₹ 100/-

1% of consideration or ₹ 30,000/- whichever is less.

(a) For the purpose of Non- residential use stamp duty is as per 36 (iv) i.e. same as lease on 90% of market value of property.

6% of True Market Value

1% of True Market Value or ₹ 30,000/- whichever is less.

(b) For the purpose of residential use.

 (i)  If area of premises is up to 27.88 sq.mtr. (300 sq. ft);

₹ 200 per sq. mtr.

1% of amount arrived by monthly rent multiplied by 120 plus, premium amount if any

 (ii) If area of such premises is more than 27.88 sq. mtr. (300 sq. ft) stamp duty is as per Article 36(iv) i.e., same as lease r.w. Article 25 on the market value of the property.

6% of True Market Value

1% of True Market Value or ₹ 30,000/- Whichever is less

(a) When executed for the sole purpose of procuring the registration of one or more documents in relation to a single transaction or for admitting execution of one or more such documents;

₹ 500/-

₹ 100/-

(b) When required in suits or proceedings under the Presidency Small Cause Courts Act, 1882 (XV of 1882);

₹ 500/-

₹ 100/-

(c) When authorising one person or more to act in a single transaction other than the case mentioned in clause (a);

₹ 500/-

₹ 100/-

(d) When authorising one person to act in more than one transaction or generally;

₹ 500/-

₹ 100/-

(e) When authorising more than one person to act in single transaction or more than one transaction jointly or severally or generally;

₹ 500/-

₹ 100/-

(f) (i) When given for consideration and authorising to sell an immovable property;

(ii) When authorising to sell or transfer agreement immovable property without consideration or without showing any consideration, as the case may be,-

6% of True Market Value [if 6% paid on Agreement, then ₹ 500/-]

1% of True Market Value or ₹ 30,000/- whichever is less [if 1% paid on Agreement, ₹ 100/-]

 (a) If given to the father, mother, brother, sister, wife, husband, daughter, son, grandson, granddaughter or father, mother, brother, sister of the spouse; and

₹ 500/-

₹ 100/-

(b) In any other case (as per Article 25).

6% of True Market Value [if 6% paid on conveyance, ₹ 500/-]

1% of True Market Value or ₹ 30,000/- whichever is less [if 5% paid on Conveyance, ₹ 100/-].

(g) When given to a promoter or developer by whatever name called, for construction on, development of, or sale or transfer (in any manner whatsoever) of, any immovable property.

₹ 500/- per person authorized

₹ 100/-

(h) Irrevocable power of Attorney (Simple).

As per Article 48 of Schedule I of the Act. Stamp Duty is ₹ 100/-, for each person authorized.

Registration Fee is ₹ 100/-, and for which is not compulsory.

(b) Where such share contribution is in excess of ₹ 50,000/- for every ₹ 50,000/- or part thereof.

1% of share contribution, subject to maximum ₹ 5,000/-

(c) Where such share contribution is brought in by way of property excluding cash.

5% of True Market Value. (Stamp duty is as per conveyance Article 25(a), (b), (c) and (d))

(a) Where on dissolution of the partnership or on retirement of a partner any property is taken as his share by a partner other than a partner who brought in that property as his share of contribution in the partnership.

The same duty as is leviable on conveyance under clause (a), (b) or (c), as the case may be, of Article 25, on the market value of such property, subject to a minimum of rupees one hundred.

₹ 400/- at Registrar of firm's office as fees + copying charges

(b) In any other case

₹ 200/-

Note: However State Government has vide its Notification No. Mudrank 2004/1636/C.R. 436/M-1, dated 1st July, 2004 waived fully the stamp duty on affidavit or declaration made for any purpose of being filed or used before any Government Authority or in Court or before the Officer of any Court/Tribunal.

(See note written earlier in this paragraph)

(Regn. not compulsory)

In any form of Deed, Agreement or Letter.

(a) If the amount secured by such Deed does not exceed ₹ 5,00,000/-

0.1% of amount secured

1% of loan secured*

(b) In any other case

0.2% of amount secured (Max ₹ 10 lakh)

1% of loan secured*

.

Mortgage Deed

Article 40 of Schedule I of The Maharashtra Stamp Act:

(a) In case where possession of the property is given by the mortgagor stamp duty is as per conveyance as above on the amount of loan.

6% of True Market Value

1% of loan secured or ₹ 30,000/- whichever is less Registration is compulsory.

(b) In case of where possession of the property is not given by the mortgagor.

0.5% of amount secured (Min ₹ 100/-) (Max ₹ 10 lakh)

1% of loan secured*

(a) When possession is with Bank.

6% of further charge

1% of further charge*

(b) When possession is given by mortgagor during further charge.

6% of True Market Value, Less: amount paid on earlier document.

₹ 30,000/- whichever is less Registration is Compulsory.