Each state has its Stamp Duty Act, and according to the different Stamp Duty Acts, stamp duty gets imposed on various property types in each state. The Telangana Registration and Stamps Department offers numerous document registration services to the general public. The Registration and Stamps Department of the Telangana government is responsible for registering all real estate transactions. To fully own a property, the purchaser must register it in their name. To register the property, the buyer and seller may pay the required property registration charges in Telangana at the local sub-registrar office (SRO).
When do you need to pay Stamp Duty and Registration Fees in Telangana?
In Telangana, stamp duty and registration fees are due in the following instances:
- Acquisition of real estate in Telangana
- Immovable property sales
- Property partitioning
- Gift and settlement
- Power of attorney
Telangana 2022 Stamp Duty and Registration Fees
At the time of registration in Telangana, the purchaser must pay the stamp duty and registration fees. The fees assessed are:
- Stamp Duty fees – 4% of the total value of the property
- Registration fees – 0.5% of the property’s total value
- Transfer Taxes – 1.5% of the total value of the property
Stamp Duty and Registration Fees on Immovable Property in Telangana
Sale of real estate in companies, selection grade municipalities, and special grade municipalities
- Tax on Stamps – 4%
- Registration Fees – 0.5 %
Sale of real estate in other regions
- Tax on Stamps – 4%
- Registration Fees – 0.5 %
Apartments/flats, semi-furnished or otherwise, in all regions
- Tax on Stamps – 4%
- Registration Fees – 0.5 %
Sale contract with GPA
- Stamp Duty is 5% (4% is adjustable and 1% is not)
- Registration Fees – Rs. 2000
Sale agreement with Transfer of Title
- Tax on Stamps – 4%
- Registration Fees – 0.5% (minimum of 1,000, maximum of 20,000)
Agreement to sell without possession
- Tax on Stamps – 0.5%
- Registration Fees are 0.5% (with a minimum of 1,000 and a maximum of 20,000)
Flat or Apartments Registration Fees in Telangana
Sale agreement with Transfer of Title
- Stamp Duty – 4%
- Registration Fee – 0.5% of the total value of the property (minimum INR 5,000, maximum INR 20,000)
Sale agreement without possession
- Stamp duty – 5%.
- Registration Fee – 0.5% of the total value of the property (minimum INR 5,000, maximum INR 20,000)
Contract of sale and GPA
- Stamp Duty – 5%
- Registration Fee – Rs. 2000
Will
- Registration Fee – Rs. 1 000
Sale of a semi-furnished apartment
- Stamp Duty – 4%
- Registration Fee – 0.5 %
- Transfer Fees – 1.5%
Factors that influence Stamp Duty and Registration Fees in Telangana
Listed below are some of the most significant elements determining Stamp Duty and Registration Charges in Telangana:
1) Circle Property Rate:
The computation of Stamp Duty and Registration Charges depend on the property’s circular rate. Circle rates get determined by the Telangana state government and vary for properties in various regions.
2) Type of Real Estate:
The nature of the property is one of the primary determinants of Stamp Duty and Registration Fees. Therefore, the fees vary for various properties, including apartments, land, residential home, villa, etc.
3) Property Location:
The property’s location is another aspect that influences its Stamp Duty and Registration Fees. For instance, the rates may vary between properties situated in municipal areas and those in other regular regions.
Registration of Property in Telangana
On the IGRS Telangana website, property registration services can happen easily. To register a property in Telangana, please follow the processes listed below:
Step 1: Sign in to the IGRS official website (Department of Registration and Stamps Duty in Telangana).
Step 2: Create an account on the IGRS website.
Step 3: After logging onto the site, you must submit all papers necessary for land registration and pay online stamp duty and registration fees.
Step 4: Make an appointment to visit the Sub Registrar’s office in your area (SRO).
- Request a slip and verify the officer-prepared slip at the SRO. Based on the deed data supplied by Telangana during document submission (make changes if required)
- Once the slip creation happens, an E-KYC (Know your customer) is performed, during which the applicant’s fingerprints are taken, authenticated, and compared to the Aadhaar card data.
- After Aadhaar authentication, the online payment of stamp duty, registration charges in Telangana 2022, and other relevant costs will be validated (as paid earlier)
- After verifying the required payment, the appropriate endorsements happen on the document.
Step 5: The Sub registrar will register the papers at this phase. The SRO will offer a document number and thumbprints of all persons involved.
Step 6: The Telangana land registration paperwork will be scanned electronically and submitted to the internet in this phase. The user may obtain this paper from the site.
Required Property Registration Documents in Telangana
For property registration, the applicant must provide the following papers to the Registration department:
- The original document with all parties’ signatures
- Challan or Demand Draft showing complete payment of stamp duty, transfer duty (if applicable), Registration fee, and user fees
- Section 32A photograph form for administrators, claimants, and witnesses
- Two reputable individuals (witnesses) who will identify the parties, as well as identification cards with their photographs
- Proof of the executors’ and witnesses’ addresses
- Aadhar
- Passport
- Drivers License
- PAN Card
- Ration Card
- Voter ID
- Frontal view of the property in a photograph (8 x 6 inches)
- GPA or SPA, if applicable, in original and photostat copy
- Link docs copies
- Webland copy for agricultural properties
- Original and duplicate Pattadaar passbooks and title documents for agricultural property transactions
Conclusion
Telangana has made several changes to its registration charges, and you should always keep yourself updated before purchasing any property. On the official website, property purchasers may register their real estate transactions and pay the necessary stamp duty and registration charges in Telangana. Paying the stamp duty and registration fees assures that the transaction gets registered in the official records. You should pay your stamp duty and other taxes as a responsible citizen and keep all your property documents up to date.
