Alert: Stamp duty changes for group housing flats in Noida and Greater Noida

Update: As of 10th August, 2015, further changes to 7th August notification has been made. The 10th August notification has modified the floor wise discount logic further with discount now starting from 4th floor instead of 6th.

Dear Readers, while circle rates for other categories have increased this year, circle rate for group housing category has fortunately not increased (please find circle rates for noida at http://go4reviews.in/2014/11/group-housing-circle-rate-in-different-sectors-of-noida/ and greater noida at http://go4reviews.in/2014/12/circle-rates-for-greater-noida-group-housing-society/).

However, stamp duty on registration for group housing society could see a substantial change.

We see how it could impact the stamp duty calculation

The two main changes are:

1) For Noida, Cap on surcharge on amenities reduced from 25% to 15%. i.e. you only pay maximum of 15% over stamp duty instead of 25% that you were charged previously. That’s a considerable benefit. For Greater Noida, the surcharge cap has been reduced from 12% to 10%.

2) Floor wise relief logic changed. Now floor wise relief to start from 4th floor (updated to 4th floor on 10th August, 2015 from previous 8th August’s notification for 6th floor) and onwards at 2% per each floor. For Noida, this is a loss for floors from 3rd to 12th. For Greater Noida, this will be a slight loss for 1st floor to 9th floor.

Based on the news, we also have the modified stamp duty calculation below for you:

Please note:

  1. There is 10k discount for women only allottee
  2. All other discounts like floor discount are already considered as part of calculations above.

Further to above stamp duty, an allottee has to pay the following at the time of registration:

  1. Registry charges of around 22k
  2. (Not essential) Lawyer charges of around 10k to 25k depending upon whether you are going through self appointed lawyer or builder appointed lawyer (not essential if you are doing the registry yourselves. see steps for registry here).

Check how much you will save or lose by comparing against the existing stamp duty calculation methodology.

Pre-August 2015 stamp duty calculation for group housing in Noida

Pre-August 2015 stamp duty calculation for group housing in Greater Noida

Comments/Feedback invited.

Last updated: April 11, 2016 at 13:42 pm

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Rajdeep
Guest
Rajdeep

Hi I have a flat in cherry county, techzone 4 , greater noida west.
size 1521,
BSP 3800 psf
1st floor,
1 covered car parking..
Please let me know the registration charges and stamp duty.. as of march 2017.

Rajdeep
Guest
Rajdeep

Hi I have a flat in cherry county, techzone 4 , greater noida west.
size 1521,
BSP 3800 psf
1st floor,
1 covered car parking..

Ravi kumar
Guest
Ravi kumar

Can I transfer my flat to my brother before registry? If yes what will be the charges do I have to pay to noida authority. I am buyer in sec 77 noida for 950sqft flat.

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[…] have discussed about stamp duty calculation and circle rate for group housing flats in Noida before. Today, we refer to the exact process for […]

Mayank
Guest
Mayank

Hi Guys, Appreciate, your efforts for the welfare of buyers, I have a flat in Gaur city 2 16th Avenue, 1010 sqft, 14th floor with one open parking, i have received the fitout letter and paid final payment to builder except registry amount. i heard that from 1st April stamp duty is going to increase, can you please let me know what will be the expected registry amount after increase, builder asked 20k extra in cash for lawyer fees etc. and stampduty they told me 1.75 lac earlier. its been 6 months i have received the fit out letter but… Read more »

Prasanna
Guest
Prasanna

Thank you for the quick reply…
After making the final payment to the Builder, Can I delay the registry of Flat for next 3 months ?
As per the fit out letter, The Contractor will start the final finishing work after the registration of Flat. Also, It seems like The final possession would take another 3 months.
So, I don’t want to make the registry of Flat now and Block the Capital.
N.B. I don’t need the flat now or immediately. I need some time to arrange the money and before registry, I want to Close my Home loan. Pls Advise…

Prasanna
Guest
Prasanna

Hello Sir..
I have received a fit out letter from Gaursons regarding the final Outstanding payment and receiving a NOC from HDFC Bank for GAUR CITY-2, Avenue-12, Sector- 16C,Greater Noida. Is the fit out letter valid for clearing the final payment or I should ask for possession letter?
Afterwards, I want to know about registration fee + stamp duty+ extra charge as applicable.
Flat Details: Gaur city-2, Super area- 1055 sq.ft; 23rd Floor with 1 covered Car parking. I believed the circle rate is 30K but I brought it in 3950 per sq.ft..

Amit singh
Guest
Amit singh

thanks a lot for reply

sandeep
Guest
sandeep

what is the registry cost for Lotus espacia area around 2445, booking price was 2700.
sector 100 noida, floor 5th

Amit singh
Guest
Amit singh

Dear team,
Thanks for such a great efforts. My query regarding registration charge and stamp duty. Kindly explain the difference between registration charge and stamp duty and the percentages. My flat :
Greater Noida West sector 1
BSP 3266/sqf
Super area 1180 sqf
Covered parking 01
Floor 6 th
Kindly calculate the registration fee+stamp duty+ extra charge as applicable
How can I get registry my self ?
Thanks in advance

Amit singh
Guest
Amit singh

Kindly comment on my post…

Anupam
Guest
Anupam

There is news coming up that stamp duty will increase to nearly 7% from April 2016. Will the change be applicable for an in process registry also? And from which point any application is considered in process?

Manish
Guest
Manish

Thanks A lot….

Manish
Guest
Manish

Dear Team,
First of all thnks to your team for providing us a valuable information’s.
I have one query regarding Total registration charges on my flat.Most probably in coming Mar 2016 , I would get the possession.

I booked my flat in Greater Noida west 16 C .
Super area: 1500 sq ft
Floor: 5th
Parking: one covered parking
BSP (on which I bought): 2299

What would be total registration charges ??
Thanks In advance.

SUJEET SINGH
Guest
SUJEET SINGH

what is the registry and stamp charges for Panchsheel hynish , greater Noida sector 1 ( Noida extension)

BSP : 3425
Super area : 1245
covered parking 1 ( 2 lakhs)
10th floor

Ravi
Guest
Ravi

Hello,

My flat is booked on my brother name. However , brother want to make registry on my name. I am own elder brother of him. Builder not allowing to change the name before registry. What can I do in this case to get registered on my name with less charges? Do we need to declare this at time of registry or gifting at time of registry or after registry is the only option to re-register? Please let me know all the options.

Thanks,
Ravi

Sameer Sharma
Guest
Sameer Sharma

Dear Team
I am living in 4th Floor, Elite Home, Sector 77, Noida, UP.
Please advise the registry amount +stamp duty charges.
The flat details are mentioned below:-
Size : 1295 Sqft.
Covered parking =1
Purchased at = 5125 Rs BSP

What is the circle rate? Is there any change in floor wise rates for registry?

Nishank Arora
Guest
Nishank Arora

Hi Admin,

Could you please let me know the stamp duty and registry charges for Sector 16 B Greater Noida West. Below are the flat details

Flat Area:1590 sq ft
Floor:12th
BSP : 3190
Car Parking : 1 Covered Car Parking

Thanks in Advance.

Jayanta
Guest
Jayanta

The builder calculation of stamp duty is if (Circle Rate + 15% for amenities + 3/1.5 L for parking – 2-20% floor discount) <((is less than) BSP then the stamp duty = 5% of the BSP. However some of my online research has led me to believe that the calculation should be if circle rate < bsp then stamp duty = 5% of (BSP + 15% for amenities + 3/1.5 L for parking – 2-20% floor discount) else stamp duty = 5% of (Circle Rate + 15% for amenities + 3/1.5 L for parking – 2-20% floor discount) Can you… Read more »

Jitender
Guest
Jitender

Hi,

Could you please confirm if the bay parking slot is counted as one parking or two for the purpose of registry.

Thanks

Ravi KUMAR
Guest
Ravi KUMAR

My flat is in noida sec -77
BSP was Rs 3675/- for 6th floor.
(1 free covered parking)
Please let me know the registry charges.

Ravi KUMAR
Guest
Ravi KUMAR

the super area is 950sq ft,

Amit Kumar
Guest
Amit Kumar

Hi, I am in the process of taking possession of my Builder Flat in Sector 137, Noida of size 1725 Sq. Ft. on the 9th Floor with 2 covered parking space. It will be registered in my wife’s name. Please advise what will the total Registration Cost (including Stamp Duty, Registration Expences, Other Expences etc.)

Thanking you in advance.

Abhishek Tayal
Guest
Abhishek Tayal

What would be the registration cost for 14th floor 1968 sqft with 1 covered car park in logic blossom county sector 137 NOIDA? The booking BSP is Rs. 3330 with 4% discount. My wife is joint owner.

Rashmi Agarwal
Guest
Rashmi Agarwal

What is the circle rate of SEctor 120 noida

Please tell registry amount for:
Flat on 5th floor
super area 1317 sq. ft.
BSP purchased 2800
one covered parking

Dr Mandar
Guest
Dr Mandar

Hi Admin,
Its a very helpful post.
I’ve a flat on 11th floor in Gaur city with 1500 sq ft area., with one covered car parking. I’ve purchased at 1950/sq ft. jointly with wife. Will stamp duty be calculated at current rate or booking rate. I am expecting possession by Dec 15. R we supposed to do the formalities or builder arranges for it ? I calculated, it comes ~Rs 150000/-

Thanks in advance

Dr Mandar Ketkar

Amit Lamba
Guest
Amit Lamba

Hi i just got my offer for possession from Stellar jeevan..for a 1692 sq ft 3bhk flat on 11th floor..i have two questions: can i take possession of the floor after paying balance 5% payment n delay registry like by 6 months..if yes how..

2. What will be total cost of registration.

Thanks

Anshu
Guest
Anshu

Hi,

This calculation sheet does not ask if the applicant is male/joint/female. As the rates differ in the three cases. So calculated stamp duty in the above sheet is for which of the three cases?

Prabhakar
Guest
Prabhakar

Hi Admin,

Could you let me know the stamp duty and registry charges for Sector 16 C Greater Noida West
Flat Area:1055 sqft
Floor:16th
BSP:3546

Thanks in advance.

Prabhakar
Guest
Prabhakar

Also at what rate is it calculated? In my case I am the sole applicant.

Rakesh
Guest
Rakesh

Hi, my flat in noida 77, bsp is 4251 super area 1175 + 1 open parking, pls suggest the amount of stamp duty

SREERAM
Guest
SREERAM

Hi it’s 2645 sft..

Thank you

SREERAM
Guest
SREERAM

Dear Admin,

Please let me know the stamp duty calculation for 13th floor at Sector 137.

The b s p which we have paid for is 5300+100 Rs

I am not aware of the circle rate.
Thee calculated amount from above is 688000 but the builder is asking for 750000 for a valuation of 1.5crore of the building value.

Please help..

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[…] office on 7th August, 2015, certain waivers in stamp duty have been introduced. Please refer http://go4reviews.in/2015/08/alert-stamp-duty-changes-for-group-housing-flats-in-noida-and-greater-n… for updated calculation. The post here talks about stamp duty calculation previous to 7th August, […]

Amit Pandey
Guest
Amit Pandey

Hi,

I plan to buy a noida authority plot on resale in sector 100 and I understand that the circle rate is 63000 per sq. metre. Plot size is 162 sq. metre I want to understand that what are the stamp duty and registration charges which i need to pay. Also, I wanted to understand if there are any additional charges which will be paid to noida authority.

Will highly appreciate your swift response.

Thanks
Amit

Durgesh Jharbade
Guest

From where i can get the revised notification as my builder is not giving me 4% rebate as my property is on 5th floor.

Neeraj
Guest
Neeraj

1850 / square feet

Neeraj
Guest
Neeraj

I have falt in greater noida of Gaursons property.Builder is saying for 95000/ for registry & stamp duty charges. Please let me know how much it should be ?
My flat is 555 squarefeet
Floor is 8th floor
One open parking

Rajesh Batra
Guest
Rajesh Batra

Whats the contact no. of Samreddhi Documentation. where is it situated. Any feedback reviews of the firm that you can provide. Thanks

manjeetsolanki
Member
manjeetsolanki

Brilliant work done by go4reviews team.
Its very useful site and also updated timely.

Thanks,
Manjeet

Chetan
Guest
Chetan

Also..just wanted to add that I had given the DD (4,41,000/=) to the builder 2 weeks back and they have got the stamp papers for that amount. Now he has asked me to bring additional 24,000/= in cash at the time of registry….

Chetan
Guest
Chetan

I have a flat in sec 137 and my registry will happen in a week’s time. The flat size is 1835 sq.ft and is on the 7th floor with 1 covered parking. The previous cost of stamp duty was 4,41,000/= and now the builder tells me it has been increased to 4,65,000/= I had got the DD prepared for 4,41,000/= but now the builder has asked me to pay the extra amount of 24,000/= What’s strange is the fact the builder has asked me to bring the excess amount (24,000/=) in cash at the time of delivery…..He tells me there… Read more »

Bhuvnesh
Guest
Bhuvnesh

As per my builder, rates have been increased for 3rd to 13th floor. My registry is pending since long. Can you please confirm as I also heard that there is no change in rates of multi storey flats?

trackback

[…] office on 7th August, 2015, certain waivers in stamp duty have been introduced. Please refer http://go4reviews.in/2015/08/alert-stamp-duty-changes-for-group-housing-flats-in-noida-and-greater-n… for updated calculation. The post here talks about stamp duty calculation previous to 7th August, […]

Amit
Guest
Amit

Circle rate for group housing has not been increased and its confirmed. W were working on this issue from last 6 months and met noida DM twice to request not to increase circle rate hike.We have our objections for the same.Also for 25% extra charges ,I raised objections on the same and submitted to Noida DM n requested them to reduce the same.They have accepted our request and today we again met him to say thanks for this help..All this took great effort from us. It also shows nothing is impossible if you work hard for it..

Naresh Mahajan
Guest
Naresh Mahajan

We have been charged with 25% extra charges that too on increased latest available CR.
Noida sector 77, super area 1615 sq ft
BSP: Rs 3400 per sq ft
Circle Area: Rs 40000 per sq metre for sector 77
Covered car parking.
STAMP DUTY CHARGES TAKEN: Rs 346500/-

Registration charges Don’t Know

Please guide

Naresh Mahajan
Naresmahajan1955@gmail

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