Stamp Duty Registration: When you are buying or selling property in Tamil Nadu, one of the key aspects you must consider is stamp duty. It is a compulsory tax levied on property-related documents such as sale deeds, lease deeds, mortgage deeds, and gift deeds. The Government of Tamil Nadu has simplified this process by introducing TNREGINET (Tamil Nadu Registration and Stamps Government Portal), which allows users to pay stamp duty and register property documents online with ease.
What is Stamp Duty Registration?
Stamp duty is a tax mandated by the government, payable on various legal documents. Specifically, in property transactions, it applies to documents like sale deeds, lease agreements, mortgage deeds, and gift deeds to give them legal validity. In Tamil Nadu, no property document can be legally registered unless the applicable stamp duty is paid. Failure to pay stamp duty renders the document invalid in the eyes of the law, which could lead to significant legal complications in the future.
TNREGINET Stamp Duty Registration Fees
You are required to pay the TNREGINET stamp duty registration for the following reasons:
• Legal Validity: Payment of stamp duty ensures that property-related documents are legally valid and officially recognized.
• Government Revenue: Stamp duty serves as an important source of income for the Tamil Nadu government.
• Proof of Transaction: The payment provides proof of the transaction, which is crucial in case of disputes or legal proceedings.
In simple terms, stamp duty safeguards both buyers and sellers by ensuring that property transactions are properly recorded and legally enforceable.
How to Calculate Stamp Duty Registration on TNREGINET?
In Tamil Nadu, stamp duty is determined based on the higher of two values the market value of the property or the transaction value. The applicable percentage is then applied to this higher value, and the result is the amount of stamp duty Registration payable.
Property Related Stamp Duty:
- Sale Deed: 7% of market value
- Lease Deed (for more than 30 years): 2%
- Partition Deed (among family): 1% on separated share
- Mortgage with possession: 4%
- Mortgage without possession: 1%
- Gift Deed (to family): 1%
- Gift Deed (to others): 7%
- Lease Deed (for less than 30 years): 1%
Stamp Duty Rates in Tamil Nadu
Below are the general stamp duty rates applicable to various types of property transactions in Tamil Nadu:
Sale Deed:
- Residential Property: 7% of the market value.
- Commercial Property: 7% of the market value.
Gift Deed:
- For Relatives: 1% of the market value.
- For Non-Relatives: 6% of the market value.
Lease Deed:
- For leases of 1 year or more: ₹20 per ₹1,000 of the lease value.
Mortgage Deed:
- For Mortgages: Stamp duty generally ranges from 0.1% to 0.2% of the loan amount, depending on the property’s value.
These rates are subject to change, so it is always advisable to verify the latest updates on the TNREGINET portal before completing your transaction.
How to Pay Stamp Duty Registration in the TNREGINET Portal
Residents of Tamil Nadu can now pay their stamp duty easily through the TNREGINET portal. Follow the steps below to complete the process:
1. Visit the Official Portal: Go to https://tnreginet.gov.in
2. Create an Account or Log In:
- If you are a new user, register by entering your personal details.
- If you already have an account, log in with your credentials.
3. Select Document Type: Choose the type of property document you want to register—sale deed, lease deed, mortgage deed, or gift deed.
4. Enter Property Details: Provide required information such as property location, market value, and details of the parties involved (buyer, seller, etc.).
5. Stamp Duty Calculation: Based on the details entered, the TNREGINET Portal will automatically calculate the stamp duty payable.
6. Proceed with Payment: Confirm the calculated amount and make the payment using available online modes such as credit card, debit card, UPI, or net banking.
7. Download Receipt: Once the payment is successful, a receipt will be generated. Save and keep this receipt as proof of payment.
8. Complete Registration: After paying the stamp duty, you can finish the document registration online or, if required, visit the nearest Sub-Registrar Office.
Popular FAQs on TNREGINET
Q1. What is TNREGINET?
TNREGINET is an official online portal of the Tamil Nadu government that provides services such as document registration, encumbrance certificate (EC) view, and other property-related facilities.
Q2. How can I check TNREGINET EC online?
Go to tnreginet.gov.in, navigate to “E-Services” → “Encumbrance Certificate” → “View EC”, and enter the required details to search.
Q3. Do I need to register to view EC in Tamil Nadu?
No, basic EC viewing is available without registration. But for downloading certified copies or accessing advanced services, user registration is mandatory.
Q4. Is EC viewing available for all districts in Tamil Nadu?
Yes, the TNREGINET EC view service is accessible across all major districts and zones of Tamil Nadu.