Buyers Tool Hub

Everything you need to buy a home in Mumbai

Buying property in Mumbai — whether you are a first-time buyer, an upgrader or an NRI investing from abroad — involves a maze of legal, financial and practical decisions. This hub puts every tool and guide you need in one place.

Stamp duty & registration charges in Maharashtra (2026)

• Stamp duty (men): 6% of property value
• Stamp duty (women): 5% of property value (1% concession)
• Registration charges: 1% of property value (capped at ₹30,000)
• GST on under-construction property: 5% (affordable: 1%)
• Ready-reckoner rate: Stamp duty is calculated on the higher of sale price or government ready-reckoner rate

Step-by-step buyer’s journey

1. Define your budget — Use the EMI calculator, factor in down payment (typically 20%), stamp duty, registration and interior costs.
2. Shortlist areas — Consider commute, school proximity, building quality and rental yield potential (if investment).
3. RERA check — Verify the developer and project on MahaRERA before any payment.
4. Legal due diligence — Title search, encumbrance certificate, occupation certificate verification.
5. Negotiate & book — Pay booking amount (1%–2%) and sign the allotment letter.
6. Agreement for sale — Registered agreement for sale within the statutory period.
7. Home loan disbursement — Bank inspects and disburses in stages (for under-construction).
8. Registration & possession — Pay stamp duty, register the deed and take possession with a documented inventory.