The Uttar Pradesh government has introduced a significant relief measure by reducing stamp duty for property transfers among blood relatives. This initiative was approved during the August 4, 2023 cabinet meeting to alleviate the financial burden on citizens in family-related property transactions. The revised stamp duty, set at a nominal ₹5,000, will apply to various deeds such as gift deeds, partition letters, and family arrangements or memorandums of agreement, ensuring equitable distribution of assets within families.
This decision reinstates a similar provision that had expired in December of the previous year, offering substantial savings by exempting citizens from the standard stamp duty of up to 7% of the property’s value. The cabinet has also approved an extension of this exemption until further notice, with minor amendments. To formalise the change, the Stamp and Registration Department will notify the reduced rates for deeds involving the transfer of immovable properties.
Uttar Pradesh Registration Act, 1908
The Uttar Pradesh Registration Act, 1908 is a central Indian law that governs the registration of documents related to immovable property in the state of Uttar Pradesh. The Act was enacted on March 8, 1908, and came into force on 1 January 1909.
Section 17 of Uttar Pradesh Registration Act
Under Section 17 of the Registration Act, 1908, all transactions involving the sale of immovable property for a value exceeding ₹100 should be registered. This encompasses the registration of all transactions related to the sale of immovable property. Additionally, mandatory registration applies to transactions involving the gift of immovable property and lease deeds with a duration exceeding 12 months in Uttar Pradesh.
What are the stamp duty rates in UP in 2024?
Under Section 17 of the Uttar Pradesh Registration Act, 1908, all property buyers in Uttar Pradesh must register their sale deed at the sub-registrar’s office for transactions over ₹100. This registration is essential to establish ownership of the property legally.
Stamp duty in Uttar Pradesh is required whenever a property is sold, with the duty calculated as a percentage of the transaction value. Recently, the state government revised the property registration fee to 1% of the property’s value, replacing the previous fixed fee of ₹20,000.
Currently, homebuyers in Uttar Pradesh pay a stamp duty of about 7% of the transaction value in addition to registering the property based on the circle rate set by the government.
Documents Required
- riginal and duplicate copy of the document is necessary for the registration.
- Two passport size photographs of all parties, each of the buyer, the seller and all the witnesses.
- Photo Identity Proof – voter’s ID card and passport of the buyer, the seller and all the witnesses.
- Certified copies of Certificate of Incorporation of both seller and buyer, in case of a company and not an individual buyer
- Copy of the property register card to indicate that the property does not belong to the Government (It can be obtained from the City Survey Department)
- Copy of municipal tax bill to mention the year in which the property was built or constructed.
- Copy of the PAN Cards of all the parties is mandatory (to be annexed along with the Sale Deed)
- Photographs and signatures of all parties, the buyer, the seller and the two witnesses are obligatory.
Online Property Registration Procedure
Register on the Website
- Visit the official website of the Registration and Stamp Department.
- Click on the “Apply” option under Property Registration.
- Start a new entry or log in with existing credentials.
- Select district, Tehsil, and Registrar.
- Provide a mobile number and create a password.
- Enter captcha code and proceed.
Fill Property Details
- Complete the online property registration form.
- Select the deed category and enter the presenter’s name and mobile number.
Provide Property Details for Valuation
- Specify tehsil, area type (rural or urban), and property type.
- Add details for property valuation, including building type and relevant sub-clauses.
Stamp Duty Calculation
- The software will automatically calculate applicable stamp duties and registration fees based on deed selection and details filled.
Upload Required Documents
- Upload mandatory documents such as ID proofs, PAN number, etc.
- Add details of other parties and witnesses involved in the transaction.
Prepare Deed Document
- Use the “deed document” button to prepare the document.
- Enter the number of pages and the document presenter’s name.
- Save to submit.
Payment Service Type
- Choose payment service type (E-stamp, stamp, E-payment) and make the specified payment.
- Confirm details and save.
Visit Sub-Registrar Office (SRO)
- Print the application and fee receipt.
- Visit the Sub-Registrar office on any working day.
- Use the application ID for reference and to book a time slot.
Verification by SRO
- The Sub-Registrar Officer (SRO) will verify details and update them online.
- If the application is rejected, reasons will be updated online.
FAQs
What is property registration in Uttar Pradesh?
Property registration in Uttar Pradesh is the legal process of documenting the transfer of ownership of property (whether land, house, or commercial property) under the Indian Registration Act, 1908. It ensures the legal validity of the property transaction and helps avoid future disputes regarding ownership.
Why is property registration important in Uttar Pradesh?
Property registration is important because it:
- Provides legal recognition of property ownership.
- Ensures public record of ownership, which prevents fraudulent claims.
- Protects both the buyer and seller in case of disputes.
- Allows clear title to the property, making it easier to get loans or mortgages.
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