Every MMR property transaction comes with costs beyond the agreement value — and stamp duty is the largest of these. Yet many first-time buyers only discover the real number at the registration desk. In Maharashtra, stamp duty is levied as a percentage of the property’s market value or agreement value(whichever is higher), and rates can vary depending on the municipal corporation area, gender of the buyer, and any applicable government concessions.Registration charges are levied separately.Other costs that often catch buyers off guard:GST on under-construction properties Society transfer/formation charges Legal and documentation fees Brokerage (where applicable)A common mistake is calculating affordability purely on the property price, without provisioning for these additional 7-10%+ costs. This can derail financing plans at the last stage.Part of an advisor’s role is building a complete cost sheet upfront — not just the headline price — so there are no surprises at registration.Advisory and Transactions PBS helps clients see the full financial picture before they commit and not after.
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