Updated June 2026

Stamp Duty in Maharashtra

Maharashtra has among the highest property transaction volumes in India. Stamp duty here is 6% for male buyers and 5% for female buyers, with an additional 1% registration charge (capped at ₹30,000 for properties above ₹30 Lakh). Mumbai, Pune, and Thane account for the bulk of registrations.

Male Rate

Female Rate

Registration

Total (Male)

Property Value

₹

State

Buyer

Stamp Duty

Registration

Total Charges

₹3.30 L

Effective rate: 6.6% of property value

Stamp Duty (6%)

₹3.00 L

Registration (1%) — capped

₹30,000

Total Cost of Property

₹53.30 L

Property (₹50.00 L) + Charges (₹3.30 L)

Pre-Calculated Examples

Property Value	Stamp Duty	Registration	Total	Women Save
₹50.00 L	₹3.00 L	₹30,000	₹3.30 L	₹50,000
₹75.00 L	₹4.50 L	₹30,000	₹4.80 L	₹75,000
₹1.00 Cr	₹6.00 L	₹30,000	₹6.30 L	₹1.00 L
₹2.00 Cr	₹12.00 L	₹30,000	₹12.30 L	₹2.00 L

* "Women Save" shows difference between male and female buyer total charges

Stamp Duty Rates in Maharashtra (2026)

Maharashtra charges 6% stamp duty for male buyers and 5% for women — a 1% concession to encourage female property ownership. Joint registrations (male + female) are charged at 6%. The registration charge is nominally 1% of the property value, but it is capped at a maximum of ₹30,000 for properties valued above ₹30 Lakh. For properties in metro areas, an additional 1% metro cess may apply, though this varies by municipal corporation.

Women Buyers Save in Maharashtra

Women buyers in Maharashtra save 1% on stamp duty. On a ₹1 crore property, this means saving ₹1,00,000 — a significant amount. This is why financial advisors in Mumbai and Pune often recommend registering property in the wife's name. The savings apply whether the woman is a sole buyer or the primary holder in a joint purchase.

Registration Charges Cap

Maharashtra caps registration charges at ₹30,000 for properties valued above ₹30 Lakh. This offers significant savings for high-value home buyers. For instance, on a ₹2 crore property, you pay a flat ₹30,000 registration fee instead of ₹2,00,000 (which would be the standard 1% uncapped fee).

Tips for Property Buyers in Maharashtra

In Maharashtra, check the ready reckoner rate (government circle rate) before negotiating. Stamp duty is always calculated on the higher of agreement value or ready reckoner rate. Also, properties under the PMAY (Pradhan Mantri Awas Yojana) scheme may get concessions. Stamp duty must be paid within 30 days of agreement execution to avoid penalties.

How to Calculate Stamp Duty in Maharashtra

Enter the property value (agreement value or circle rate, whichever is higher)
The calculator is pre-set to Maharashtra
Choose the buyer type — Male, Female, or Joint ownership
See the stamp duty, registration charges, and total acquisition cost

Frequently Asked Questions

What is the stamp duty rate in Maharashtra for 2026?

Stamp duty in Maharashtra is 6% for male buyers, 5% for female buyers, and 6% for joint (male+female) buyers. Registration charges are 1% of property value, capped at a maximum of ₹30,000 for properties above ₹30 Lakh.

Do women get a discount on stamp duty in Maharashtra?

Yes. Women buyers pay 5% stamp duty vs 6% for men — a 1% discount. On a ₹1 crore property, this saves ₹1,00,000.

Is stamp duty different in Mumbai vs rest of Maharashtra?

The base stamp duty rate is the same across Maharashtra. However, metro areas like Mumbai may have an additional metro cess of up to 1% levied by the municipal corporation.

What is the ready reckoner rate in Maharashtra?

The ready reckoner (or circle rate) is the minimum property value set by the government for stamp duty calculation. You pay stamp duty on whichever is higher — the actual sale price or the ready reckoner rate.

Can NRIs buy property in Maharashtra? What stamp duty do they pay?

Yes, NRIs can buy residential and commercial property in Maharashtra. They pay the same stamp duty rates as residents — 6% for men, 5% for women.

What is the penalty for late payment of stamp duty in Maharashtra?

If stamp duty is not paid within 30 days of agreement execution, a penalty of 2% per month is levied on the deficit amount, up to a maximum of 400% of the deficient amount.