What are the Stamp duty, Registration fees rates in respect of major categories of documents?

Frequently Asked Questions – FAQs on Property Registration Question:  What are the Stamp duty / Registration fees rates in respect of some major categories of documents? Ans. Categories of Document Stamp Duty    Registration Fee Conveyance (Sale) 7 % on the market value of the property 1  % of the property. Gift    Exchange 7 % on the marke value of the greater value.  Simple Mortgage 1 % (on the loan amount) subject to a maximum of Rs. 40,000.  1 % on loan amount subject to a maximum of Rs.10,000.  Mortgage with possession 4 % on loan amount 1 % subject to the maximum of Rs.2,00,000.  Agreement to Sale Rs.20 1 % on the money advanced(1% on total consideration if possession is given) Cancellation Rs.50 Rs.50 Partition i) Partition among family members 1 % on the market value of the property but not exceeding Rs.10000. for each share 1 % subject to a maximum of                   Rs.2000. for each share. ii) Partition among Non family members 4 % on the market value of the property for separated shares 1 % on the market value of the property for separated shares Power of Attorney (PoA) i) General Power of Attorney to SELL the immovable property Rs. 100   Rs.10,000 ii) General Power of Attorney to SELL the movable property & for other purposes Rs. 100  Rs.50 iii) General Power of Attorney given for consideration 4 % on Consideration 1 % on Consideration 10 Settlement i)In favour of family members 1 % On the market value of the property but not exceeding Rs.10000. 1 % on the market value of the property subject to a maximum of Rs.2000. ii) Other Cases 8 %  on the market value of the property 1 % on the Market Value  Partnership deed i) where the capital doest not exceed Rs.500 Rs. 50 1 % on the Capital invested ii) Other Cases Rs. 300 Deposit of Title Deed 0.5 % on loan amount subject to a maximum of Rs.25,000. 1 % on loan amount subject to a maximum of Rs. 5,000. Release i) Release among family members (co - parcenars) 1 % on the market value of the property but not exceeding Rs.10,000. 1 % on the market value of the property subject to a maximum of Rs.2,000. ii) Release among non family members (co - owner & benami release) 8 % on the market value of the property 1 % on the market value of the property  Lease Lease below 30 years Lease up to 99 years Lease above 99 years 1 % }  on the total amount 4 %  } Rent premium, fine 8 % } etc., 1 % subject to a maximum of                   Rs.20,000. 15. Declaration of Trust (if property is there, it would be considered as sale) Rs. 180 1 % on the Amount

The bribery is against the law.The Complaints about corruption may be sent to the directorate of Vigilance and Anti-corruption,Chennai-28." Website:www.dvac.tn.gov.in ;   Phone No:24615989/24615929/24615949 The Inspector General of Registration No.100, Santhome High Road , Chennai 600 028. Ph : 91-44-24640160, Fax: 91-44-24642774 ; Mail: grivcell@tnreginet.net

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