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Q.

What is the Stamp Duty for Rent Agreement in Panvel?

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7 months

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0 2025-05-02T13:45:17+00:00

I can answer your question: what is the stamp duty for rent agreement in Panvel? In Panvel, as in other parts of Maharashtra, the stamp duty on rent agreements is mandated by the Stamp Act. The stamp duty for a rent agreement is generally calculated based on the monthly rent and the duration of the lease agreement.

How much is stamp duty in Panvel?

As of my last knowledge update, the following are the common details regarding stamp duty for rent agreements in Maharashtra:

The stamp duty on rent agreements is typically 0.25% of the total rent for the entire duration of the tenancy. 

If the rent agreement exceeds 11 months, it is advisable to get it registered. Registered agreements may attract additional registration fees.

It is important to check the latest provisions and rates with the local authorities or consult a legal expert, as stamp duty rates and regulations can be subject to changes. Remember to ensure that the rent agreement is executed on the appropriate stamp paper to make it legally valid.

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Read More:

What is the Stamp Duty on Lease Deed in Maharashtra?

 

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