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Stamp duty and registration charge in Chandigarh


Chandigarh, a union territory, is the combined capital of two states – Punjab and Haryana. Apart from being the nerve-centre of all political and commercial activity in these two states, Chandigarh is unique in another way. This city, designed by French urban planner Le Corbusier, is fondly referred to as the City Beautiful, because of its building aesthetics and its cleanliness. For these reasons, Chandigarh real estate draws huge demand, from locals, as well as the NRI population.

 

Average property rate in Chandigarh

The average rate of real estate in Chandigarh is more expensive than many tier-2 cities of the same scale and size, in spite of an over 10% annual fall in prices in recent times. Data available with Housing.com show that while the average rate of property in Chandigarh is Rs 8,513 per sq ft, rates may go as high as Rs 1 lakh per sq ft, depending on the exact location, the project, the builder brand, the amenities, etc.

Looking to buy property in Chandigarh? Click here to find out the rates.

 

 

Stamp duty on agreement to sell in Chandigarh

Stamp duty Registration charge
5% of the earnest money amount 1% of the earnest money amount

 

Buyers are supposed to register the agreement to sell, after paying 5% of the token money value as stamp duty. One per cent of the amount will also have to be paid as registration charge. It is pertinent to note here that sale agreement is not to be confused with the sale deed. To know, the difference between the two, read out article, Sale agreement versus sale deed.

 

Stamp duty on house purchase in Chandigarh

Payment of  stamp duty on property transactions is mandatory under Section 3 of the Indian Stamp Duty Act, 1899. The buyer is responsible for paying the stamp duty on property purchases.

 

Male buyer Female buyer
6% 6%

 

Stamp duty on other documents in Chandigarh

One has to pay varying stamp duty on registering different kinds of documents in Chandigarh. Provided below is a list of documents and the stamp duty you have to pay on it, in Chandigarh:

Documents to be registered       Stamp duty to be paid as a percentage of the transaction value or in Rs
Gift deed 6%
Transfer of lease right deed 3%
Exchange deed 3%
Lease deed of 1-5 years 1.5%
Lease deed of 1-10 years 3%
Lease deed of 1-15 years 6%
Lease deed of 1-20 years 6%
Lease deed  above 20 years 6%
On security amount of lease deed 3%
Mortgage deed without possession 1.5%
Mortgage deed with possession 3%
Trust deed Rs 50
Family settlement Rs 50
Amendment deed Rs 5
Relinquishment deed Rs 50
Redemption deed Rs 30
Award/decree 1.5%
Partnership deed Rs 25
General power of attorney Rs 15
Cancellation of GPA Rs 15
Special power of attorney Rs 5
Cancellation of SPA Rs 5
Adoption deed Rs 40
Sub-general power of attorney Rs 15
Cancellation of sub-GPA Rs 15
Will None
Cancellation of will None

Source: chandigarh.gov.in

 

Documents required at the time of property registration

At the time of property registration, the buyer and the seller will have to produce the following documents, in front of the sub-registrar:

  • Sale deed
  • Tax payment receipts
  • Encumbrance certificate
  • Sanctioned building plan and
  • Occupancy/possession certificate
  • Power of attorney, if applicable

See also: Stamp Duty: What are its Rates & Charges on Property?

 

Registration charge on house purchase in Chandigarh

Under the provision of the Registration Act, buyers also have to pay registration charge, apart from the stamp duty, at the time of property registration.

 

Male buyer Female buyer
1%, subject to a maximum of Rs 10,000. 1%, subject to a maximum of Rs 10,000,

 

Since there is no gender-specific demarcation in this front, a registration charge of 1% has to be paid on property purchase in Chandigarh, irrespective of whether the buyer is a man or a woman. This is subject to a maximum of Rs 10,000. The same registration charge is applicable on the registration of a gift deed, conveyance deed and sub-conveyance deed.

 

Average rent in Chandigarh

While one could find a flat for rent in Chandigarh for Rs 7,000 a month, the charges may hit Rs 1 lakh a month, for high-end properties in upscale neighbourhoods.

 

Lease registration charge in Chandigarh

Tenants have to register the rent lease and pay a stamp duty on the same, depending on the lease period.  There are no registration charges to be paid on the registration of a lease in Chandigarh.

 

Lease period Stamp duty
Up to 5 years 2% of annual rent; 3% on security deposit
Up to 10 years 3% of annual rent; 3% on security deposit
Between 11-20 years 3% of annual rent; 3% on security deposit
Between 21-30 years 3% of annual rent; 3% on security deposit
Between 31-100 years 3% of annual rent; 3% on security deposit

 

On transfer of lease right through sale or sub-leasing, the tenant has to pay a 3% stamp duty.

See also: Lease vs rent: Main differences

 

Stamp duty on registration of Will in Chandigarh

No stamp duty has to be paid on the registration or cancellation of a Will, or transfer of property within blood relatives, in Chandigarh. However, Rs 200 has to be paid as the registration charge for the same. In case of a double Will, the registration charge would be Rs 400.

In case a property is transferred through a transfer deed within family members, no stamp duty has to be paid on this instrument either. However, 1% of the consideration value must be paid as the registration charge in such cases, with an upper limit of Rs 10,000.

 

Stamp duty on power of attorney in Chandigarh

NRIs, who are not able to come to the city in order to conduct property-related business, have to use the instrument of power of attorney, to enable a trusted person to carry out their businesses on their behalf. They also have to pay a nominal charge, for registration of the power of attorney.

 

Type of power of attorney Stamp duty Registration charge
General power of attorney (GPA) Rs 75 Rs 50
GPA involving 5 parties Rs 150 Rs 50
GPA with sale power 3% of deal value Rs 50
Cancellation of GPA Rs 15 Rs 50
Special power of attorney Rs 15 Rs 25
Special power of attorney with sale power 3% of deal value Rs 25
Cancellation of SPA Rs 5 Rs 25

See also:  How NRIs can use power of attorney for real estate transactions

 

Address of Chandigarh sub-registrar’s office

Address of the Sub-registrar’s office is:

30 Bays Building,

Ground floor, Room No 1 & 2, near Estate Office,

Old building, Adjoining Central State Library,

Sector 17, Chandigarh.

 

Chandigarh property registration office time schedule

Inspection of documents 9 am to 10 am
Presentation of documents 12 pm to 1 pm
Document registration 3 pm to 5 pm
Return of documents after one week of presentation 9 am to 11 am
Attestation of documents 11 am to 1 pm and 3 pm to 4 pm

 

FAQs

What is stamp duty in Chandigarh?

In Chandigarh, the rate of stamp duty on property buying is 5% for men.

What is registration charge in Chandigarh?

Property buyers (men and women) have to pay 1% registration charge at the time of property registration.

Is stamp duty same in Chandigarh and Panchkula?

Despite their proximity, Panchkula actually falls under the ambit of the state of Haryana. This is why rates are different in this sub-city.

 

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