Stamp duty and registration in Pune, on a ₹1.12 crore flat

Buyers budget for the price of the flat and then get surprised at the sub-registrar’s office. The surprise is entirely avoidable, because every component is a published percentage and none of them are negotiable.

What Pune charges in 2026

Stamp duty in Pune is seven per cent for a male buyer and six per cent for a female buyer holding in her sole name. That headline figure is three charges stacked together.

• Base stamp duty: five per cent for men, four per cent for women
• Local body tax: one per cent, levied in municipal corporation areas
• Metro cess: one per cent, funding the city’s new metro lines

Registration is a separate one per cent, capped at ₹30,000 for any property above ₹30 lakh. On anything at Kharadi prices, treat it as a flat ₹30,000.

The number on a ₹1.12 crore flat

• Agreement value: ₹1,12,00,000
• GST at 5 per cent, because the flat is under construction: ₹5,60,000
• Stamp duty at 7 per cent: ₹7,84,000
• Registration: ₹30,000

Total leaving your account: ₹1,25,74,000. That is ₹13,74,000 above the price you were quoted, or a shade over twelve per cent.

Register the same flat in a woman’s sole name and the stamp duty falls to ₹6,72,000, a saving of ₹1,12,000.

The detail that catches people out

Stamp duty is charged on the higher of the agreement value and the ready reckoner rate, which is the government’s own valuation for that location. It is not charged on what you paid.

In most of Kharadi the agreement value sits comfortably above the reckoner, so this changes nothing. Where it bites is on a discounted deal or a distressed resale. If you negotiate the price below the reckoner rate, you still pay duty on the reckoner rate, and the discount is smaller than it looked.

Ask for the ready reckoner rate for the survey number before you finalise a price. It takes one query at the sub-registrar’s office and it is public information.

What else appears at registration

The four charges above are the statutory ones. Two more usually appear on the day and neither is large, but both are real.

• Legal and documentation charges, typically ₹10,000 to ₹25,000 depending on who drafts and vets the agreement.
• Franking or e-stamping service fees, a few hundred rupees, plus the cost of getting all parties physically present.

Two things worth doing before you pay

1. Decide whose name it goes in early. The one per cent difference is ₹1,12,000 on this flat, and the decision has to be made before the agreement is drafted, not after.
2. Confirm the loan covers what you think it covers. Most lenders finance a percentage of the agreement value and exclude stamp duty, registration and GST entirely. On this example that means roughly ₹13.74 lakh has to come from your own funds on top of the down payment.

None of these charges are avoidable and none of them are surprises if you count them first. The people who get caught are the ones who budgeted for the flat and forgot they were also buying a document.

This is general information about published rates, not tax advice. Confirm the figures applying to your own agreement with your lawyer or your lender before you commit.