Stamp Duty Calculator for Odisha
Calculate property registration charges, stamp duty fees, and other costs for buying property in Odisha
Calculate Your Stamp Duty
Note: Stamp duty rates in Odisha range from 4-7.5% based on property value, location, and gender of the buyer.
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Based on current Odisha regulations
Stamp Duty in Odisha: Comprehensive Guide
Stamp duty is a tax levied by state governments on property transactions. In Odisha, it’s governed by the Indian Stamp Act, 1899 and the Registration Act, 1908. Understanding stamp duty is crucial for anyone buying property in the state.
Stamp Duty Rates in Odisha (2023)
Stamp duty rates in Odisha vary based on property value, location, and gender of the buyer. The state offers reduced rates for female buyers to promote women’s property ownership.
| Property Value | Male Buyer | Female Buyer |
|---|---|---|
| Up to ₹5,00,000 | 5% | 4.75% |
| ₹5,00,001 to ₹10,00,000 | 6% | 5.75% |
| Above ₹10,00,000 | 7.5% | 7.25% |
Additional Charges
In addition to stamp duty, property buyers in Odisha must pay:
- Registration Fee: 1% of property value (capped at ₹30,000)
- Municipal Tax: Varies by municipality (typically 0.5-1%)
- Legal Fees: Approximately 0.5-1% of property value
Factors Affecting Stamp Duty
Location
Urban areas have higher rates than rural areas
Property Type
Residential vs. commercial properties have different rates
Buyer Category
Different rates for individuals, companies, and partnerships
Gender
Female buyers enjoy reduced rates in Odisha
Frequently Asked Questions
What is the penalty for late payment of stamp duty in Odisha?
If stamp duty is not paid on time, Odisha government charges a penalty of 2% per month on the deficient amount, with a maximum penalty of 200% of the original duty. It’s crucial to complete payment within 30 days of executing the document.
Can I pay stamp duty online in Odisha?
Yes, Odisha offers the e-Stamping facility through Stock Holding Corporation of India Limited (SHCIL). You can pay stamp duty online through the official Odisha government portal or authorized bank websites. This method is secure, convenient, and provides instant confirmation.
Are there any stamp duty exemptions in Odisha?
Odisha offers several exemptions and concessions. These include properties transferred between family members, government acquisitions, properties for charitable institutions, and certain affordable housing projects. First-time women home buyers also get additional concessions in some cases.
How is property value determined for stamp duty calculation?
The stamp duty is calculated on either the agreement value or the circle rate (government guideline value), whichever is higher. The circle rate varies across different areas in Odisha and is periodically revised by the revenue department.
What documents are required for property registration in Odisha?
Key documents include: Sale deed, property documents, identity proof, address proof, passport photos, PAN card, proof of stamp duty payment, and encumbrance certificate. For registration, both buyer and seller must be present with two witnesses.
1. What is the stamp duty rate in Odisha for property registration?
Stamp duty in Odisha is typically 5% for men and 4% for women buyers, based on the market value of the property.
2. Are there different stamp duty rates for women in Odisha?
Yes, women receive a 1% concession, paying 4% stamp duty instead of 5%.
3. What are the registration charges in Odisha?
Registration charges are usually 2% of the property value, irrespective of gender.
4. How is stamp duty calculated in Odisha?
Stamp duty = Applicable rate × Property’s Market Value.
5. Is stamp duty applicable on both land and buildings in Odisha?
Yes, stamp duty is applicable on both land plots and built-up properties.
6. Are there any stamp duty concessions for senior citizens in Odisha?
Currently, no specific concessions are provided for senior citizens.
7. Do agricultural lands in Odisha attract stamp duty?
Yes, agricultural land transactions also attract stamp duty and registration fees.
8. How can I use the Odisha Stamp Duty Calculator?
Enter your property value, buyer’s gender, and property type to get instant duty & fee estimates.
9. Is GST included in stamp duty in Odisha?
No, stamp duty and GST are separate taxes; GST is applicable on under-construction properties.
10. Is stamp duty payment mandatory for registration in Odisha?
Yes, stamp duty must be paid before or during property registration.
11. Where can I pay stamp duty in Odisha?
You can pay via the Odisha IGR portal or at Sub-Registrar offices.
12. Can stamp duty be refunded in Odisha?
Refunds are possible in some cases (like cancellation), but require legal application and approval.
13. Are there penalties for not paying stamp duty in Odisha?
Yes, there are penalties and interest for late or insufficient payment of stamp duty.
14. Does stamp duty vary between rural and urban Odisha?
No, the stamp duty rate is uniform across Odisha, but property valuation may differ.
15. How is property value determined for stamp duty in Odisha?
It is based on the guideline value set by the Odisha government or declared sale price, whichever is higher.
16. Is online calculation of stamp duty in Odisha accurate?
Yes, most online calculators provide reliable estimates based on the latest rates.
17. Can NRIs buy property in Odisha and pay stamp duty?
Yes, NRIs can buy property and must also pay applicable stamp duty and registration charges.
18. Is there a difference in stamp duty for commercial properties?
No, the same rate applies, but since commercial properties are costlier, duty paid is more.
19. How long does it take to register property in Odisha after paying stamp duty?
It usually takes 2–5 working days, depending on document verification.
20. Is Aadhaar mandatory for paying stamp duty in Odisha?
Yes, Aadhaar and PAN are generally required for registration and identity verification.
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