The twin city of Kolkata, located on the western bank of the Hooghly river, is the charming metropolis of Howrah. This is a prime location for home buyers with excellent real estate opportunities as well as great connectivity as the gateway to Kolkata. There are plenty of high-quality, well-designed residential projects to choose from with a range of prices to fit all kinds of budgets. However, what homebuyers also need to account for in their budgets is the additional charges of Stamp Duty and Registration Charges which are a vital part of the home buying process.
So on what basis are these prices determined? Every buyer partaking in a property-related transaction needs to pay a certain amount of stamp duty and registration charges to the West Bengal Revenue Department. This entire process is now quite easy and convenient through the online process using the West Bengal Registration portal.
There are certain predetermined charges based on the location of the property and the cost of the property as detailed below.
For Howrah in particular, the registration charges is 1% and the stamp duty for properties less than Rs.25 lakh is 6% whereas for properties above Rs.40 lakh it is 7%. This percentage is also applicable for other major cities in West Bengal such as Kolkata, Siliguri, Durgapur, and Kharagpur. There is currently no discount on stamp duty and registration charges for female homebuyers in West Bengal.
Homebuyers can also follow the below step-by-step process to calculate their specific stamp duty calculator for properties in West Bengal:
- Visit the West Bengal Registration Portal.
- Click ‘Stamp Duty and Registration Fee’ from the left menu.
- Choose the type of transaction from the drop-down menu.
- Choose the local body where the transaction took place.
- Mention the market value of the property.
- Enter the captcha and the details will be displayed on the screen.
Nestled in the charming suburb of Salap in Howrah, Joyville Howrah is a sprawling residential township designed keeping in mind the ever-growing ambitions and aspirations of its residents. Book Ready to Move 2 & 3 BHK flats in Howrah near Santragachi, starting at Rs.36.9 lakh^.
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