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Stamp Duty in Nagpur Calculator

Nagpur charges 5% stamp duty, 1% LBT and 1% metro cess, and registration on top. See the duty for your flat as a man, woman or joint buyer, and what it adds to a 54F claim.

Updated · By Niraj Kumar · 16 sources

The house you are buying

₹

₹60 L

₹

Duty is charged on this instead when it is higher than the price.

In whose nameIn whose name
Stamp duty and registration in Nagpur₹3,90,0006.5% of ₹60,00,000
Stamp duty
₹3,60,000
6% of ₹60,00,000
Registration
₹30,000
1%, capped at ₹30,000
Saved by a woman's name
₹60,000
Against a man buying alone
All-in cost of the house
₹63,90,000
6.5% on top of the price

How is stamp duty calculated in Nagpur?

Stamp duty in Nagpur is 5% stamp duty, 1% LBT and 1% metro cess. On a ₹60 L flat a man pays ₹4,20,000 in duty and ₹30,000 in registration, ₹4,50,000 in all. A woman buying alone pays ₹3,90,000, saving ₹60,000. The charge counts toward the new house's cost for Section 54 and 54F, here adding ₹2,98,485 to a 54F exemption.

stamp = max(price, circle value) × duty% (+ cess on duty); registration = value × reg% (capped in some states); new house cost C = price + stamp + registration, counted up to ₹10 crore; net consideration N = sale price − transfer costs; LTCG = N − cost (or N − indexed cost); Section 54 (82): exemption = min(LTCG, C); Section 54F (86): exemption = LTCG × C ÷ N, at most LTCG; tax = (LTCG − exemption) × 12.5% (or 20% indexed) × (1 + surcharge) × 1.04

This page uses the same method as the Stamp Duty & Capital Gains Planner (India), which explains each term and assumption in full.

Worked example

A man buys a ₹60 L flat in Nagpur, priced at or above the ready reckoner rate.

  1. 1Stamp duty: ₹60,00,000 × 7% (5% stamp duty, 1% LBT and 1% metro cess) = ₹4,20,000
  2. 2Registration: ₹30,000

₹4,50,000, or 7.5% of the price.

Frequently asked questions

How much is stamp duty on a ₹60 L flat in Nagpur?

₹4,50,000 for a man buying alone: ₹4,20,000 of stamp duty and ₹30,000 of registration. A woman buying alone pays ₹3,90,000, saving ₹60,000. The duty is charged on the ready reckoner rate if that is higher than your price.

Sources

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