{"id":7212,"date":"2021-06-22T04:21:09","date_gmt":"2021-06-22T04:21:09","guid":{"rendered":"https:\/\/wpbingosite.com\/wordpress\/hourty\/?p=7212"},"modified":"2021-06-26T13:43:22","modified_gmt":"2021-06-26T13:43:22","slug":"important-facts-about-stamp-duty","status":"publish","type":"post","link":"https:\/\/urbanspacecreators.com\/important-facts-about-stamp-duty","title":{"rendered":"Important facts about Stamp Duty"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7212\" class=\"elementor elementor-7212\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71de624 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71de624\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ad83d61\" data-id=\"ad83d61\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d0c9d6 elementor-widget elementor-widget-image\" data-id=\"6d0c9d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"850\" height=\"480\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2019\/04\/4.png\" class=\"attachment-large size-large wp-image-11707\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f6c5664 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6c5664\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86a14e5\" data-id=\"86a14e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a17717a elementor-widget elementor-widget-heading\" data-id=\"a17717a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Important facts about Stamp Duty<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2388daf5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2388daf5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ec21552\" data-id=\"ec21552\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-192d1dc5 elementor-widget elementor-widget-text-editor\" data-id=\"192d1dc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"wp-block-paragraph\">Buying a house is an overwhelming experience both financially and emotionally. For buying a home, we need to identify a property that matches our requirements. While buying the property we have to make a down payment, apply for a loan, sign the sale agreement, and so on. There is much nitty-gritty. Buying a house is an overwhelming experience both financially and emotionally. For buying a home, we need to identify a property that matches our requirements. While buying the property we have to make a down payment, apply for a loan, sign the sale agreement, and so on. There is much nitty-gritty. One such important step is stamp duty. This is an important step while buying a house. After the possession of the property, it has to be registered in the local municipal records for legal evidence of ownership. During the registration of the property, you will have to pay stamp duty.<\/p>\n<h6><strong>What is stamp duty?<\/strong><\/h6>\n<p class=\"text-justify\">Stamp duty is a tax levied by the government on property transactions. Stamp duty varies from state to state and also property type. The tax is legal and acts as the evidence for any sale or purchase of a property. Buyers pay stamp duty, regardless of agreement. In the case of property exchange both seller and buyer share the stamp duty. The tax is charged on the market value, circle rate or ready reckoner rate, or the consideration value of the property, whichever is higher.<\/p>\n<h6><strong>What is ready reckoner?<\/strong><\/h6>\n<p>A ready reckoner is a government-fixed rate, below which a property cannot be sold in an area. A ready reckoner is also known as the circle rate in Maharashtra. Even if the seller has priced the property at less than the government-fixed ready rates, the stamp duty calculation will still be based on the RR rates.<\/p>\n<p>\u00a0<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0197957 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0197957\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-545b868\" data-id=\"545b868\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42933b7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"42933b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-612e9d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"612e9d8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f6d9b8e\" data-id=\"f6d9b8e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acb1607 elementor-widget elementor-widget-htmega-postslider-addons\" data-id=\"acb1607\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;slider_post_type&quot;:&quot;post&quot;}\" data-widget_type=\"htmega-postslider-addons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"htmega-postslider-area htmega-postslider-style-2 -st-layout-4 htmega-carousel-activation htmega-arrow-1\" dir=\"ltr\" data-settings=\"{&quot;arrows&quot;:true,&quot;arrow_prev_txt&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-angle-left\\&quot; viewBox=\\&quot;0 0 256 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.7 239l136-136c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9L127.9 256l96.4 96.4c9.4 9.4 9.4 24.6 0 33.9L201.7 409c-9.4 9.4-24.6 9.4-33.9 0l-136-136c-9.5-9.4-9.5-24.6-.1-34z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;arrow_next_txt&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-angle-right\\&quot; viewBox=\\&quot;0 0 256 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;dots&quot;:false,&quot;autoplay&quot;:true,&quot;autoplay_speed&quot;:3000,&quot;animation_speed&quot;:300,&quot;pause_on_hover&quot;:true,&quot;center_mode&quot;:false,&quot;center_padding&quot;:0,&quot;carousel_style_ck&quot;:2,&quot;display_columns&quot;:2,&quot;scroll_columns&quot;:1,&quot;tablet_width&quot;:750,&quot;tablet_display_columns&quot;:1,&quot;tablet_scroll_columns&quot;:1,&quot;mobile_width&quot;:480,&quot;mobile_display_columns&quot;:2,&quot;mobile_scroll_columns&quot;:1}\" style='display:none;'>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"Rooftop Gardens &#038; Vertical Landscaping: Urban Solutions for a Greener\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a href=\"https:\/\/urbanspacecreators.com\/rooftop-gardens-vertical-landscaping-urban-solutions-for-a-greener-tomorrow\"><img decoding=\"async\" width=\"940\" height=\"529\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2026\/07\/rooftop-gardens-vertical-vandscaping-urban-solutions-for-a-greener-tomorrow-1024x576.png\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/a>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"htb-col-lg-6 htmega-post-slider-right\">\n                                                <div class=\"content\">\n                <div class=\"post-inner\">\n                                                                    <h2><a href=\"https:\/\/urbanspacecreators.com\/rooftop-gardens-vertical-landscaping-urban-solutions-for-a-greener-tomorrow\">Rooftop Gardens &#038; Vertical Landscaping: Urban Solutions for a Greener Tomorrow<\/a><\/h2>\n                                                <ul class=\"meta\">\n                                                            <li><i class=\"fa fa-clock-o\"><\/i>07 July 2026<\/li>\n                                                    <\/ul>\n                                        <p>With urban populations continuing to grow in size and density, the need for green space is increasingly important. As cities<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/rooftop-gardens-vertical-landscaping-urban-solutions-for-a-greener-tomorrow\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"Top 10 Benefits of Buying Your Home in Urban Skyline\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a href=\"https:\/\/urbanspacecreators.com\/top-10-benefits-of-buying-your-home-in-urban-skyline-phase-2\"><img decoding=\"async\" width=\"940\" height=\"529\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2026\/06\/top-10-benefits-of-buying-your-home-in-urban-skyline-phase-2-1024x576.jpeg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/a>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"htb-col-lg-6 htmega-post-slider-right\">\n                                                <div class=\"content\">\n                <div class=\"post-inner\">\n                                                                    <h2><a href=\"https:\/\/urbanspacecreators.com\/top-10-benefits-of-buying-your-home-in-urban-skyline-phase-2\">Top 10 Benefits of Buying Your Home in Urban Skyline Phase 2<\/a><\/h2>\n                                                <ul class=\"meta\">\n                                                            <li><i class=\"fa fa-clock-o\"><\/i>22 June 2026<\/li>\n                                                    <\/ul>\n                                        <p>Urban Skyline Phase 2 in Ravet is not just another residential project\u2014it\u2019s designed as a high-rise lifestyle destination with luxury,<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/top-10-benefits-of-buying-your-home-in-urban-skyline-phase-2\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"What Makes Urban Skyline Phase 2, Ravet the Best Investment\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a href=\"https:\/\/urbanspacecreators.com\/what-makes-urban-skyline-phase-2-ravet-the-best-investment-opportunity\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"529\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2026\/06\/what-makes-urban-skyline-phase-2-ravet-the-best-investment-opportunity-1024x576.jpeg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/a>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"htb-col-lg-6 htmega-post-slider-right\">\n                                                <div class=\"content\">\n                <div class=\"post-inner\">\n                                                                    <h2><a href=\"https:\/\/urbanspacecreators.com\/what-makes-urban-skyline-phase-2-ravet-the-best-investment-opportunity\">What Makes Urban Skyline Phase 2, Ravet the Best Investment Opportunity<\/a><\/h2>\n                                                <ul class=\"meta\">\n                                                            <li><i class=\"fa fa-clock-o\"><\/i>01 June 2026<\/li>\n                                                    <\/ul>\n                                        <p>Urban Skyline Phase 2 in Ravet stands out as one of the region\u2019s most compelling real-estate investment opportunities. With its<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/what-makes-urban-skyline-phase-2-ravet-the-best-investment-opportunity\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"Urban Skyline Phase 2: Redefining Elevated Living in Ravet\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a 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                                                    <li><i class=\"fa fa-clock-o\"><\/i>20 May 2026<\/li>\n                                                    <\/ul>\n                                        <p>Urban Skyline Phase 2, high -rise apartments in Ravet, is not merely another housing project but an exemplary development that<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/urban-skyline-phase-2-redefining-elevated-living-in-ravet\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"Why Choose an IGBC-Certified Green Home at Urban Skyline Phase\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a href=\"https:\/\/urbanspacecreators.com\/why-choose-an-igbc-certified-green-home-at-urban-skyline-phase-2\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"529\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2026\/05\/Why-Choose-an-IGBC-Certified-Green-Home-at-Urban-Skyline-Phase-2-1024x576.jpeg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/a>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"htb-col-lg-6 htmega-post-slider-right\">\n                                                <div class=\"content\">\n                <div class=\"post-inner\">\n                                                                    <h2><a href=\"https:\/\/urbanspacecreators.com\/why-choose-an-igbc-certified-green-home-at-urban-skyline-phase-2\">Why Choose an IGBC-Certified Green Home at Urban Skyline Phase 2?<\/a><\/h2>\n                                                <ul class=\"meta\">\n                                                            <li><i class=\"fa fa-clock-o\"><\/i>19 May 2026<\/li>\n                                                    <\/ul>\n                                        <p>In today\u2019s era, issues related to the environment have become more severe than ever before, such as global warming and<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/why-choose-an-igbc-certified-green-home-at-urban-skyline-phase-2\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                                    <div class=\"htmega-data-title htmega-single-post-slide htmega-postslider-layout-2 -st-layout-4\" data-title=\"Is Ravet Emerging as a Luxury Real Estate Destination in\" data-thumbnail=\"\" >\n\n                                                    <div class=\"htb-row\">\n                                <div class=\"htb-col-lg-6 htmega-post-slider-left\">\n                                    <div class=\"thumb\">\n                                        <a href=\"https:\/\/urbanspacecreators.com\/is-ravet-emerging-as-a-luxury-real-estate-destination-in-pune-2\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"529\" src=\"https:\/\/urbanspacecreators.com\/wp-content\/uploads\/2026\/04\/29-1024x576.png\" class=\"attachment-large size-large wp-post-image\" alt=\"Is Ravet Emerging as a Luxury Real Estate Destination in Pune?\" \/><\/a>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"htb-col-lg-6 htmega-post-slider-right\">\n                                                <div class=\"content\">\n                <div class=\"post-inner\">\n                                                                    <h2><a href=\"https:\/\/urbanspacecreators.com\/is-ravet-emerging-as-a-luxury-real-estate-destination-in-pune-2\">Is Ravet Emerging as a Luxury Real Estate Destination in Pune?<\/a><\/h2>\n                                                <ul class=\"meta\">\n                                                            <li><i class=\"fa fa-clock-o\"><\/i>27 April 2026<\/li>\n                                                    <\/ul>\n                                        <p>Is Ravet becoming a luxury real estate destination in Pune? Yes, Ravet is rapidly transforming into a hub for luxury<\/p>                        <div class=\"post-btn\">\n                            <a class=\"readmore-btn\" href=\"https:\/\/urbanspacecreators.com\/is-ravet-emerging-as-a-luxury-real-estate-destination-in-pune-2\">Read More<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n                                        <\/div>\n                            <\/div>\n                            \n                    <\/div>\n\n                \n            <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Important facts about Stamp Duty Buying a house is an overwhelming experience both financially and emotionally. For buying a home, we need to identify a property that matches our requirements. While buying the property we have to make a down payment, apply for a loan, sign the sale agreement, and so on. There is much [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":11707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-7212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Is Ravet the future of luxury living in Pune? Uncover top projects, amenities &amp; investment value. 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