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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98 thoughts on “Alert: Stamp duty changes for group housing flats in Noida and Greater Noida

  • March 23, 2017 at 5:38 pm
    Permalink

    Hi Rajdeep, it will be 326531 +registration charges of 22000(+lawyer/miscellaneous expenses)

    Reply
  • March 23, 2017 at 3:35 pm
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    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.

    Reply
    • March 23, 2017 at 5:43 pm
      Permalink

      Give us 5 mins. We would share the correct stamp duty figure.

      Reply
  • March 23, 2017 at 3:35 pm
    Permalink

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

    Reply
    • March 23, 2017 at 5:51 pm
      Permalink

      It would be 323352 + registry charges of 22000 + miscellaneous/lawyer charges

      Reply
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  • April 29, 2016 at 4:08 pm
    Permalink

    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.

    Reply
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  • March 29, 2016 at 9:14 pm
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    Just an update you might have already come across: Sub registrar has confirmed that stamps bought before 31st March will be valid for registry within 4 months till 31st July.

    Reply
  • March 29, 2016 at 11:20 am
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    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 i don’t want to block my capital now as i don’t need the flat urgently to live or let out, so please let me know how much i have to pay after stamp duty increase and also let me know any other documentation firm (number and address) who can help me getting my flat registered. applicants are me and my wife both.

    Reply
  • March 23, 2016 at 6:16 pm
    Permalink

    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…

    Reply
  • March 22, 2016 at 12:37 pm
    Permalink

    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..

    Reply
    • March 22, 2016 at 12:56 pm
      Permalink

      Unfortunately thats the norm, builder asks for final payment at offer of possession i.e. at final fit out phase as opposed to actual possession. You may go ahead with the payment but make sure you communicate in written with the builder that you would pay only if flat is livable, actual possession is offered etc. before actually paying
      Stamp duty in your case would be 1 lakh 98k but it is subject to increase starting 1st April if stamp duty hike is notified by then.

      Reply
  • March 16, 2016 at 6:00 pm
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    thanks a lot for reply

    Reply
    • March 21, 2016 at 4:03 pm
      Permalink

      Pleasure is ours.

      Reply
  • March 9, 2016 at 3:20 am
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    what is the registry cost for Lotus espacia area around 2445, booking price was 2700.
    sector 100 noida, floor 5th

    Reply
    • March 9, 2016 at 3:37 pm
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      Stamp duty shall be around 6 lakh, 40 thousand. However, if notification of further 2% increase is indeed raised, this could well cross 7.5 lakhs

      Reply
  • February 22, 2016 at 1:12 pm
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    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

    Reply
  • February 21, 2016 at 8:19 am
    Permalink

    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?

    Reply
    • March 2, 2016 at 6:06 pm
      Permalink

      That is not likely to happen this year due to upcoming elections. It is considered on the day you purchase stamp papers.

      Reply
  • December 31, 2015 at 6:41 pm
    Permalink

    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.

    Reply
  • December 21, 2015 at 10:08 pm
    Permalink

    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

    Reply
    • December 22, 2015 at 6:16 pm
      Permalink

      Stamp duty would be around 2.03 lakhs. Registration charges would be 11k to 22k depending upon when greater noida authority implements the impending hike in charges.

      Reply
      • December 23, 2015 at 10:28 am
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        Thanks a lot sir. Its awesome work by you.

        Reply
  • December 14, 2015 at 9:00 am
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    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

    Reply
    • December 15, 2015 at 4:11 pm
      Permalink

      Yes, builder will not allow name change post they submitting papers to NA for registry. you may need to do this after registry. You can get more info from Samreaddhi documentation. Please note that we are not associated with the group but you can reach them for they are generally helpful for complex requirements.

      Reply
  • December 6, 2015 at 7:36 pm
    Permalink

    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?

    Reply
    • December 11, 2015 at 8:40 pm
      Permalink

      Circle rate is 40k but since your BSP exceeds circle rate, same would apply. Your stamp duty will be around 3 lakh 88 thousand and another 11k for registration.

      Reply
  • November 29, 2015 at 8:45 pm
    Permalink

    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.

    Reply
    • November 30, 2015 at 12:28 pm
      Permalink

      It would be around 2 lakh 38 thousand for provided details.

      Reply
  • November 28, 2015 at 6:49 pm
    Permalink

    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 guys who have gone through registration of new property help me understand the correct calculation or check with the Noida Sub- Registrar office for the correct calculation for the convenience of rest of the forum members?

    Reply
  • November 21, 2015 at 3:49 pm
    Permalink

    Hi,

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

    Thanks

    Reply
    • November 25, 2015 at 6:41 pm
      Permalink

      1 parking lot.

      Reply
  • November 3, 2015 at 1:51 pm
    Permalink

    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.

    Reply
    • November 3, 2015 at 1:52 pm
      Permalink

      the super area is 950sq ft,

      Reply
    • November 3, 2015 at 6:09 pm
      Permalink

      The stamp duty in this case would be around 2 lakh, 5 thousand. Registry charges will be around 11k subject to change soon.

      Reply
  • October 31, 2015 at 4:47 pm
    Permalink

    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.

    Reply
    • November 3, 2015 at 6:12 pm
      Permalink

      Stamp duty would be around 4 lakh, 25 k considering 10k discount for ‘female only’ registration. Have also assumed that BSP is lesser than circle rates application in sector 137 which is 50k per sqm. Registry charges will be 11k subject to change soon. Other expenses would be lawyer charges that would vary between 10k to 20k.

      Reply
  • October 19, 2015 at 3:54 pm
    Permalink

    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.

    Reply
    • October 22, 2015 at 4:07 pm
      Permalink

      It would be around 4,35,500

      Reply
  • October 19, 2015 at 12:43 am
    Permalink

    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

    Reply
  • October 2, 2015 at 7:44 pm
    Permalink

    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

    Reply
    • October 2, 2015 at 10:11 pm
      Permalink

      Hi, Formalities are initiated and done by builder but they charge around 15k to 20k for lawyer fees. A lawyer outside will charge around 8k to 11k.
      You will be charged at circle rate which is 32000 per sqm for sector 4 and hence stamp duty will turn out to be around 2.1 lacs

      Reply
  • October 2, 2015 at 12:54 am
    Permalink

    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

    Reply
    • October 2, 2015 at 10:07 pm
      Permalink

      Hi, Point wise:

      1) Once lease rent is paid by builder to authorities, it is responsibility of builder to get registry done in 6 months time. Hence, many builders are particular about that.
      2) For registry calculation, please refer the calculator for greater noida. BSP and parking type is also required. Applicable circle rate for sector 1 is 32000

      Reply
  • September 26, 2015 at 5:45 pm
    Permalink

    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?

    Reply
  • September 26, 2015 at 2:48 pm
    Permalink

    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.

    Reply
    • September 26, 2015 at 6:38 pm
      Permalink

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

      Reply
      • September 26, 2015 at 6:52 pm
        Permalink

        Circle rate is 30k

        Reply
    • September 26, 2015 at 6:50 pm
      Permalink

      Hi, assuming you have one basement parking, the stamp duty shall be around 1.8L

      Reply
      • April 3, 2016 at 3:59 pm
        Permalink

        Hello again,
        The builder is giving me a estimate of Rs. 1,87100. (at 5 %) for stamp duty of my flat, I wanted to know if this is correct.
        Flat details:
        GaurCity 12th Avenue, Sector 16C Greater Noida West.
        Flat Area:1055 sqft.
        Floor:16th
        Total Price:3741000/=
        1 Open car parking.

        One other thing that I wanted to know is that floor discount is applicable in my case or not? The builder says since the price I bought at is more than the circle rate, floor discount is not applicable.

        Thanks

        Reply
        • April 3, 2016 at 8:30 pm
          Permalink

          Stamp duty will be 187039 rounded off to nearest hundred. Yes, this stamp duty calculation is after considering floor discount. Since you bought at more than circle rate, the basis of calculation is your basic sale price but discount is considered in the calculation provided to you.

          Reply
          • April 3, 2016 at 9:20 pm
            Permalink

            Thanks for writing back.
            However I disagree, if you check 5% of 37,41000, it comes to 187100 so where is the floor discount?

            Can you confirm again?

            Thanks

          • April 3, 2016 at 10:38 pm
            Permalink

            Hi Prabhakar, 5% is not simply on BSP. 30k for covered parking, 15% surcharge for amenities is also considered and then 5% is taken over that. You get around 20% discount for your floor (16th). Hence, coincidentally, it comes to that.

    • January 5, 2016 at 8:16 am
      Permalink

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

      Reply
      • January 9, 2016 at 1:21 am
        Permalink

        Floor # ?

        Reply
  • September 24, 2015 at 12:05 pm
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    Hi it’s 2645 sft..

    Thank you

    Reply
  • September 24, 2015 at 11:02 am
    Permalink

    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..

    Reply
    • September 24, 2015 at 11:36 am
      Permalink

      Hi Sreeram, please share the super area for your flat for us to calculate.

      Reply
      • September 25, 2015 at 1:07 pm
        Permalink

        Hi Admin

        The flat super area is 2645 sft

        Reply
        • September 26, 2015 at 12:08 am
          Permalink

          The stamp duty shall be somewhere around 6,72,000 assuming there is 1 covered parking. Circle rate for 137 is 50k per sq m. Add 11k for registry and around 15k for lawyer fees if going through builder.

          Reply
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  • September 13, 2015 at 11:50 am
    Permalink

    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

    Reply
  • September 4, 2015 at 1:45 pm
    Permalink

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

    Reply
    • September 5, 2015 at 4:12 pm
      Permalink

      You can check with registrar office. Unfortunately we have one for Noida but do not have for Greater noida. But for 5th floor, there is a rebate for sure.

      Reply
  • September 4, 2015 at 1:12 pm
    Permalink

    1850 / square feet

    Reply
    • September 5, 2015 at 4:14 pm
      Permalink

      Does it (95000) include registry charges as well? There will be a registry charge of around 11k over and above the stamp duty.

      Reply
  • September 3, 2015 at 3:28 pm
    Permalink

    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

    Reply
    • September 3, 2015 at 6:24 pm
      Permalink

      Can you tell the BSP at which this was bought?

      Reply
      • September 4, 2015 at 1:25 pm
        Permalink

        Also let me know any person name who can help in this process ?

        Reply
        • September 5, 2015 at 4:13 pm
          Permalink

          Hi Neeraj, you can try Samreddhi documentation.

          Reply
    • September 5, 2015 at 4:19 pm
      Permalink

      Hi Neeraj, if it includes Registry charges of 11k+, it is ok as stamp duty comes to around 83700 after considering floor discount.

      Reply
  • August 22, 2015 at 3:53 pm
    Permalink

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

    Reply
    • August 22, 2015 at 6:05 pm
      Permalink

      The firm charges around 11k per registry while builders may charge around 15k to 20k. You can talk to Paras Tierea owners who have used its services quite exhaustively.
      Contact No. 9818186101

      Reply
  • August 20, 2015 at 3:13 pm
    Permalink

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

    Thanks,
    Manjeet

    Reply
    • August 20, 2015 at 8:08 pm
      Permalink

      Thanks for the appreciation manjeet. Hope to live upto your expectations.

      Reply
  • August 14, 2015 at 3:18 pm
    Permalink

    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….

    Reply
  • August 14, 2015 at 3:08 pm
    Permalink

    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 is no need for the DD..it will elongate the process….

    Can we buy additional stamp papers for cash or is the builder making a fool out of me….

    Kindly suggest…..Comments from moderators solicited…

    Thanks a lot!!

    Reply
    • August 14, 2015 at 4:15 pm
      Permalink

      Hi Chetan, builder’s current calculation is correct and what he had quoted before was wrong. Regarding the cash component, you can check with Samreddhi Documentation as this is a peculiar yet not so uncommon scenario (Please note we are in no way associated with the group but since they deal in registry, they can help you with this).

      Reply
  • August 12, 2015 at 1:48 pm
    Permalink

    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?

    Reply
    • August 13, 2015 at 5:12 pm
      Permalink

      There is no change in circle rate for group housing. However, stamp duty calculations have changed due to 10% rebate in amenities surcharge and floor wise discount logic change. There is no loss for anyone. However, for 3rd to 13th floor, the rebate on surcharge is somehow negated by floor wise discount reduction.

      Reply
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  • August 8, 2015 at 3:19 pm
    Permalink

    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..

    Reply
    • August 8, 2015 at 10:22 pm
      Permalink

      Dear Amit, we have been in constant knowledge of your excellent effort through last couple of years. We salute people like you who go an extra mile to seek justice. You have also played a big role in improving overall hygiene and discipline in your society. We all should be thankful to Amit and like minded heroes that help us in all possible walks of life.

      Reply
    • March 27, 2016 at 1:16 pm
      Permalink

      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

      Reply
      • March 28, 2016 at 6:13 pm
        Permalink

        You have not mentioned floor number but based on stamp duty, i am guessing its 5th? If so, calculations are right and matches with our database. Regsitry charges is flat 20k plus taxes.

        Reply

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