Purchasing property in Prayagraj involves more than just the sale price; understanding the applicable stamp duty and registration charges is crucial. These charges are mandatory for legal ownership transfer and vary based on factors like the buyer’s gender, property type, and location.
🧾 Current Stamp Duty Rates in Prayagraj (2025)
As of 2025, the stamp duty rates in Prayagraj are as follows:
| Ownership Type | Stamp Duty | Registration Charge |
|---|---|---|
| Male | 7% | 1% |
| Female (up to ₹10 lakh) | 6% | 1% |
| Joint (Male + Female) | 6.5% | 1% |
| Joint (Female + Female) | 6% | 1% |
| Joint (Male + Male) | 7% | 1% |
Note: The 1% concession for female buyers applies only to properties valued up to ₹10 lakh. For properties above this value, the standard 7% rate applies.
🏢 Stamp Duty for Different Property Types
- Residential Properties: 6% for female buyers (up to ₹10 lakh), 7% for male buyers.
- Commercial Properties: 7% for male buyers, 6% for female buyers.
- Industrial and Agricultural Land: Similar rates to commercial properties.
All property types incur a 1% registration charge.
👨👩👧👦 Concessions for Family Transfers
The Uttar Pradesh government has introduced a reduced stamp duty of ₹5,000 for property transfers among blood relatives, along with a ₹1,000 processing fee. This initiative aims to ease the financial burden on families transferring property internally.
🧮 Calculating Your Charges
For a property valued at ₹50 lakh:
- Male Buyer:
- Stamp Duty: 7% of ₹50,00,000 = ₹3,50,000
- Registration Charge: 1% of ₹50,00,000 = ₹50,000
- Total: ₹4,00,000
- Female Buyer (Property ≤ ₹10 lakh):
- Stamp Duty: 6% of ₹50,00,000 = ₹3,00,000
- Registration Charge: 1% of ₹50,00,000 = ₹50,000
- Total: ₹3,50,000
Note: For properties above ₹10 lakh, the stamp duty for female buyers reverts to 7%.
🌐 Paying Stamp Duty Online
You can pay stamp duty and registration charges online via the IGRSUP portal. The process includes:
- Registration: Create an account on the portal.
- Application: Fill in the property and buyer details.
- Calculation: The system auto-calculates applicable charges.
- Payment: Pay online and receive an e-receipt.
📌 Key Points to Remember
- Circle Rates: Stamp duty is calculated on the higher of the transaction value or the government-determined circle rate.
- Legal Requirement: Registration under the Uttar Pradesh Registration Act, 1908, is mandatory for property transactions above ₹100.
- Tax Benefits: Under Section 80C of the Income Tax Act, you can claim deductions up to ₹1.5 lakh on stamp duty and registration charges for new properties.
Understanding these charges ensures a smooth property transaction in Prayagraj. Always consult with legal experts or the local sub-registrar’s office for the most accurate and personalized information.
