It is a fee charged by the respective state government while buying a new property. It has been basically used to validate the registration of the property under your name and also to legalise your property ownership document, as we do have some extra expenses while buying a house other than the cost of the house itself. Registration charges and stamp duty charges are additional expenses that need to be paid while registering the ownership of a home. Therefore, stamp duty charges are considered necessary while buying a house, as paying with a property registration document is needed. Otherwise, you won’t be regarded as the legal owner of that particular property.
The stamp duty calculator has been designed to help you calculate the amount of stamp duty you need to pay when purchasing a property so that you will know how much loan you need.