Borrowers purchasing a new property must pay stamp duty charges on all property transactions under Section 3 of the Indian Stamp Act, 1899. Under the same section, the borrowers are also required to pay registration charges. The government uses these charges to authenticate the property purchase as well as maintain a record of all the property-related transactions.   The stamp duty is paid to the state … Continue reading What Are the Rates and Fees for Stamp Duty on a Property Purchase?