Stamp duty for private company on purchase of land

Stamp duty is payable for the purchase of agricultural land in Maharashtra, and the rate depends on the city. As of July 2024, the stamp duty in Maharashtra ranges from 6% to 7%. In Mumbai, the stamp duty is 6%, which is 1% higher than the rest of the state to fund infrastructure projects. The state government may also offer concessions or waive some charges to encourage property investment.