What Are The Stamp Duty And Registration Charges In Guwahati?

What Are The Stamp Duty And Registration Charges In Guwahati, Guwahati, the capital of Assam is turning out to be a good investment opportunity. There are a stamp duty and registration charges that needs to be paid. So, this blog is going to share some important information regarding the same.

In India, Assam is a state where when you buy a property it gets expensive because of the excessive taxes levied by the authorities. The stamp duty and registration charge Guwahati, are much higher than in the comparisons of the most other Indian states.

Read Also: Godrej Buy 33 Acre of Land in Bannerghatta Road Bangalore

Thus, to save the extra expenses the homeowners of Guwahati avoids the property registration. And this is the reason that Assam local authorities suffer losses in revenue but still continues to charge high rate rule of stamp duty and registration charges.

Now, to become a property owner in Assam’s capital let’s get the knowledge about stamp duty and registration charges.

Read Also: DLF One Midtown

Read Also: Top 10 Best Luxury Apartments in Noida

Stamp Duty In Guwahati In 2021

In Assam, the force that was pulling back the real estate industry is the high taxes, stamp duties and registration. The buyers had to ultimately pay 16.5% of the property value as duties.

Even, after many efforts and demands of the real estate entities, finally Assam lowered the stamp duty on property. Still after lowering it remains to be the highest in the nation.

Read also: Top 10 Best Luxury Apartments in Gurgaon

Read Also: Buy Residential and Commercial Property in Noida

Property owner----Stamp duty as a percentage of registered property value

Man ------------------------------------------6%

Woman---------------------------------------5%

Property owner----Registration charge as a percentage of the property value

Man----------------------------8.5% Woman-------------------------8.5%

Source: https://igr.assam.gov.in

Please Note: This rate for registration charge is applicable on properties worth over Rs 5 lakhs.

Stamp Duty For Women In Guwahati

In Guwahati is the property is bought by women, and then she just needs to pay 5% as the stamp duty wherein a male owner has to bear 6%.

Read Also: TVS Emerald Singasandra Bangalore

Read Also: Godrej Pimpri Chinchwad Pune

Read Also: Loan Against Property In Noida

Flat Registration Charges In Guwahati

Assam is the only state that imposes high registration charges on the property in India. The registration charge in Guwahati for a property of value exceeding Rs. 5 Lakhs is almost around 8.5% of the property value.

It is important to complete property transactions and get the conveyance deed registered in the government’s records. However, the percentage of the registration amount may be lower in case of low-budget properties but it is the same irrespective of the gender.

Also, an extra expense is charged on NOC from GMDA.

The cost of registration further increases as the Guwahati Municipal Development Authority (GMDA) charges a 1% levy for providing no-objection certificate (NOC) for sale permission.

Read Also: M3M Sector 79 Gurgaon

Read Also: Smart World Sector 79 Gurgaon

Read Also: Birla Sector 150 Noida

Read Also: M3M Sector 128 Noida

Document type------------------------------------------Processing fees for NOC

NOC for sale/ transfer/ sub-division of land-------------1% of the total value of the land, excluding the value of the building.

NOC for apartment/flat sale/transfer-------------------1% will be limited to the extent of the value of the land component only.

Read Also: ATS Homekraft Rohini Delhi

Read Also: Max Sector 128 Noida

Read Also: Godrej Woodsville

Read Also: Paras Floret 

FAQs

What is the Sixth Schedule?

The Sixth Schedule provides provisions for the administration of tribal areas in Assam, Meghalaya, Tripura and Mizoram, under Article 244 of the Constitution of India. The Sixth Schedule allows autonomous district councils to make laws, prohibiting outsiders from buying tribal lands in these states.

Can I buy property anywhere in Assam?

Various parts of the state fall under the Sixth Schedule areas while many others fall under the tribal belt. While people from outside the state cannot buy land that falls under the Sixth Schedule, non-tribal people cannot buy land in the tribal areas of the state.

Read Also: Smart World Sector 111 Gurgaon

Read Also: L and T Sector 150 Noida

Read Also: M3M Sector 111 Gurgaon

Which are the areas in Assam where outsiders cannot buy land?

In 17 tribal belts and 30 blocks of Assam that are spread across many districts, non-tribal people are not allowed to buy land. The district in which these belts and blocks are located include Tinsukia, Sonitpur, Nagaon, Morigaon, Lakhimpur, Kamrup, Kamrup, Goalpara, Dhemaji, Darrang, Bongaigaon and four districts under the Bodoland Territorial Council.

Read Also: - Top 10 Best Residential Projects in Pune

Read Also:- Top 10 Best Residential Projects in Kharadi

Read Also: - Top 10 Best Residential Projects In Undri 

Read Also: - Top 10 Best Residential Projects in Wagholi

Read Also: - Top 10 Best Residential Projects In Bangalore

Read Also: - Top 15 Best Residential Projects In Gurgaon

Read Also: Top 10 Best Residential Projects In Noida Extension

Read Also: - Top 10 Best Residential Projects In Sector-150 Noida

Read Also:- Top 10 Best Residential Projects in Noida

Read Also:- Top 10 Best Residential Projects in Wakad

Read Also:- Top 10 Best Residential Projects in Bavdhan

Read Also:- Top 10 Best Residential Projects in Nibm

Read Also:- Top 10 Best Residential Projects in Talegaon

Read Also:- Top 10 Best Low Rise Apartments in Gurgaon

Read Also:- Top 10 Best Residential Projects in Mamurdi

Read Also:- Top 10 Best Residential Projects in Gurgaon

Read Also:- Top 10 Best Residential Projects in Mumbai

Read also: Top 10 Best Commercial Property in Noida

Read Also: Top 10 Best Luxury Villas in Noida

Read Also: Top 5 Best Luxury Projects in Delhi

Read Also: Top 10 Best Luxury Projects in Bangalore

Read Also: Top 10 Best Luxury Projects in Gurgaon

Read Also: Top 10 Best Residential Projects In Chennai

Read Also: Top 10 Best Residential Projects in Dwarka Expressway Gurgaon

Read Also: TARC Kirti Nagar Delhi

Read Also: Top 10 Best Luxury Apartments in Pune

Read Also: Top 10 Best Luxury Apartments in Mumbai

Read Also: M3M Projects in Gurgaon

Read Also : Assetz Group Property Bangalore Real Estate Developer And Builder