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What value of stamp paper for sale deed of residential prop.

(Querist) 09 February 2018 This query is : Open 
What value of stamp paper needs to be bought from SHCIL for the execution of 'SALE DEED" for a residential property having below details:-

SDV : Rs 20,00,000/-
Mkt Value : Rs 49,00,000/-'
Location : New Delhi - 110059
Type : Residential FLOOR
Area of Floor : 100 Sq Yards
Area of Plot : 100 Sq Yards
No. of Floor : 4
Parking : Yes
Kuummaar AS (Expert) 11 February 2018


Stamp duty is to be paid on the higher of the declared transaction value and the value calculated as per circle rate chart applicable in Delhi.



STAMP DUTY RATES IN DELHI


1. Stamp duty and transfer duty @ 4% if the vendee is a woman and @ 6% if the vendee is a man
2. Registration fee is 1% of the total value of Sale Deed + Rs. 100/- pasting charge.

Circle Rate in Delhi for Residential Property
Category Land Cost (per sq mtr) Construction Cost (per sq mtr)
Category A Rs. 7.74 Lakh Rs. 21,960
Category B Rs. 2.46 Lakh Rs. 17,400
Category C Rs. 1.60 Lakh Rs. 13,920
Category D Rs. 1.28 Lakh Rs. 11,160
Category E Rs. 70,080 Rs. 9,360
Category F Rs. 56,640 Rs. 8,220
Category G Rs. 46,200 Rs. 6,960
Category H Rs. 23,280 Rs. 3,480





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