Intellectual Property Rights: Practice and Drafting by Adv Gautam Matani. Register Now!
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Mortgage deed

Querist : Anonymous (Querist) 05 December 2018 This query is : Resolved 
What is the stamp duty payable for mortgage deed in delhi.

Is there any way out for exemption from paying stamp duty
KISHAN DUTT KALASKAR (Expert) 05 December 2018
Dear Sir,
It depends upon the State Governments time to time notifications better search the same on the departmental Website of Stamps and Registration New Delhi.

Please mark “LIKE” if satisfied by my answer.
SHIRISH PAWAR, 7738990900 (Expert) 05 December 2018
In addition to above ,every one is liable for stamp duty and registration charges there is no exemption if stamp duty is applicable.
Querist : Anonymous (Querist) 05 December 2018
the property pertains to delhi
KISHAN DUTT KALASKAR (Expert) 06 December 2018
Dear Sir,
In any State now you can get the stamp duty online by visiting to concerned stamps and registration department’s Website. Further in case of mortgage deeds they cannot be any concessions except in case of release deed or gift deed between blood relations.

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kavksatyanarayana (Expert) 06 December 2018
There are some kinds of mortgages. Is it Deposit of Title deed/pawn/pledge? if Mortgage of property for possession is given then it shall be payable @5% on the Mortgaged amount and if possession is not given then @ 2% stamp duty on the value subject to a maximum of Rs.2 lakhs.
Dr J C Vashista (Expert) 09 December 2018
1. Stamp duty for a mortgage deed in Delhi is as that of a Conveyance Deed i.e., 4% of consideration for female, 5% for joint male + female and 6% for male.
2. Registration charges may be confirmed from concerned Sub-Registrar which has recently been amended.
Dr J C Vashista (Expert) 10 December 2018
You have concealed your identity and preferred to remain "anonymous" author, whereas such person is not obliged by experts as per rule of this platform. You should have opted to consult a local prudent professional lawyer.

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