Stamp Duty & Registration in Maharashtra: The Complete Nerul Buyer's Reference
Current Stamp Duty Rates in Maharashtra (2025)
For property in Navi Mumbai (including Nerul): 5% stamp duty for male buyers, 4% for female buyers (1% concession under the Women's Stamp Duty Rebate scheme). LBT/metro cess of 1% and registration charges of 1% (capped at ₹30,000).
Worked Example: 2 BHK in Sector 19 Nerul
Consider a 2 BHK flat with agreement value ₹1.75 Cr. Male buyer stamp duty: ₹8.75 lakh. Metro cess: ₹1.75 lakh. Registration: ₹30,000 (capped). Total: approximately ₹10.8 lakh. Female buyer saves ₹1.75 lakh on stamp duty.
Ready Reckoner Rate vs Agreement Value
Stamp duty is calculated on the higher of the agreement value or the Ready Reckoner (RR) rate published by the Inspector General of Registration. Nerul RR rates for 2025 range from ₹90,000 to ₹1.6 lakh per sq. metre depending on sector.
How to Pay Stamp Duty Online
Use the GRAS portal (gras.mahakosh.gov.in) → select 'Stamp Duty' → fill in property and buyer details → generate challan → pay via net banking/UPI. Print the receipt for use at registration.
Registration Procedure
Both buyer and seller (or their POA holders) must appear at the sub-registrar office of jurisdiction (SRO Nerul or SRO Vashi depending on property location), along with two witnesses. Biometric capture and document scanning are done on-site.
Documents Needed at Registration
Original sale deed drafted by lawyer, chain of title documents, share certificate, society NOC, PAN card of both parties, Aadhaar of both parties + witnesses, photograph of the property, stamp duty & registration challans, and ID proof.
Frequently Asked Questions
Can I claim stamp duty as tax deduction?
Yes — under Section 80C of the Income Tax Act, up to ₹1.5 lakh of stamp duty and registration is deductible in the year of purchase (subject to overall 80C limits).
Does the 1% women's rebate apply to joint owners?
Yes — if the property is in the sole name of a woman or if the first-named joint owner is a woman, the 1% rebate applies.