What is the stamp duty rate for buying property in Vellore?

Detailed Legal Analysis

Stamp duty in Vellore is fixed by the Tamil Nadu Rent Control Act 1960 and varies with gender of the buyer and location. The Madras High Court has repeatedly held that underpayment of stamp duty renders a sale deed inadmissible in evidence.

You pay duty before registering the deed at the sub-registrar office. Women buyers often get a concession.

The duty is calculated on the ready reckoner rate or transaction value, whichever is higher. An adjudication reference can settle the payable amount in advance.