Want to know how stamp duty affects your property purchase? Let’s break down Stamp Duty in just 1 minute!
👉 What is Stamp Duty?
Stamp Duty is the government tax you need to pay when registering your property. For example:
If you buy a ₹40 lakh property and the stamp duty is 7%, you’ll pay ₹2.8 lakh as stamp duty.
Why it’s important:
Stamp duty is a one-time payment that’s added to your property purchase cost.
It varies by location, so make sure to account for it while budgeting for your new home.
Stay tuned for more home loan tips and property advice in our series!
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Stamp Duty Explained, Property Tax, Home Buying Tips, F2Fintech, Loan Explained, Home Loan Tips, Financial Freedom, Property Buying Process, Real Estate Advice, Home Purchase Costs, Stamp Duty Charges, Loan Management
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