Property details
State
Agreed sale price₹80,00,000
₹
Property area (sq.ft)1,200 sq.ft
Government circle rate (₹/sq.ft)₹5,000
Buyer gender
Stamp duty basis
—
Stamp duty calculated on the higher of market or circle rate
Comparison
Market value (agreed price)—
Circle rate value (area × circle rate)—
Stamp duty basis—
Stamp duty rate—
Stamp duty amount—
Registration charges—
Total registration cost—
What this means for you
Circle rates (also called guidance value / ready reckoner rate) are set by state governments. If the circle rate exceeds your sale price, you pay stamp duty on the circle rate value even though you paid less. This also has income tax implications — the difference can be treated as income in some cases.