AP Stamp Duty Calculator
Calculation Breakdown
' + '| Stamp Duty (5%) | ' + formatter.format(stampDutyAmount) + ' |
| Registration Fee (1%) | ' + formatter.format(registrationFeeAmount) + ' |
| Transfer Duty (1.5%) | ' + formatter.format(transferDutyAmount) + ' |
| Total Payable Amount | ' + formatter.format(totalCost) + ' |
Understanding Stamp Duty and Registration Charges in Andhra Pradesh
When you purchase a property in Andhra Pradesh, you are required to pay stamp duty and registration charges to the state government. Stamp duty is a tax levied on property transactions, which validates the sale agreement and makes it a legally binding document. The registration fee is a charge for the service of recording the property transaction in the official government records. Paying these charges is a crucial step in securing legal ownership of your property.
How is Stamp Duty Calculated in AP?
The calculation of stamp duty and other related charges in Andhra Pradesh is based on the property's market value or the consideration value (the actual price paid), whichever is higher. The total charge is a sum of three different components:
- Stamp Duty: This is charged at a rate of 5% of the property value.
- Registration Fee: This is charged at a rate of 1% of the property value.
- Transfer Duty: This is levied by local municipal bodies and is charged at 1.5% of the property value.
Therefore, the total cost for property registration in urban areas of Andhra Pradesh typically amounts to 7.5% of the property's value.
Example Calculation
Let's consider an example to understand the calculation better. Suppose you are buying a flat in Visakhapatnam with a market value of ₹50,00,000.
- Property Value: ₹50,00,000
- Stamp Duty (5% of ₹50,00,000): ₹2,50,000
- Registration Fee (1% of ₹50,00,000): ₹50,000
- Transfer Duty (1.5% of ₹50,00,000): ₹75,000
- Total Payable Amount: ₹2,50,000 + ₹50,000 + ₹75,000 = ₹3,75,000
Our calculator automates this process for you, providing a quick and accurate estimate of the total charges you need to pay.
Documents Required for Property Registration in AP
To complete the registration process, you will need to submit a set of documents at the Sub-Registrar's Office (SRO). While the exact list can vary, the most common documents include:
- Original Sale Deed document
- Property card issued by the city survey department
- Proof of identity for both buyer and seller (Aadhaar Card, Voter ID, Passport)
- PAN Card
- Address proof for both parties
- Passport-sized photographs of the buyer and seller
- No Objection Certificate (NOC), if applicable
Disclaimer
This calculator provides an estimate based on the standard rates applicable in Andhra Pradesh. The rates for stamp duty, registration fee, and transfer duty are subject to change by the state government. For the most accurate and up-to-date figures, it is always recommended to verify with the official IGRS Andhra Pradesh portal or consult with the local Sub-Registrar's Office (SRO) before making any financial commitments.