City · Maharashtra

Buying a home in Mumbai: stamp duty, loan, prices

Duty read at the Inspector General of Registration and Controller of Stamps, Maharashtra · RBI loan rate · RBI and NHB price indices.

In short

On a ₹50 lakh home in Mumbai (Maharashtra), stamp duty comes to at least ₹3,00,000, charged on the higher of the price and the Annual Statement of Rates (ready reckoner). Prices in Mumbai changed by +6.2% over a year (NHB RESIDEX, April-June 2026). A bank lends at most 80% of a ₹50 lakh home (RBI); the average rate on new housing loans was 7.61% in August 2026.

Calculate for Mumbai

If you buy

Stamp duty, registration and loan in Mumbai

Rates of the Inspector General of Registration and Controller of Stamps, Maharashtra. Change any field: the amounts are recalculated instantly.

Value charged₹50,00,000
Stamp duty₹2,50,000
Mumbai metro surcharge₹50,000
Registration feenot computed
Total at registrationat least ₹3,00,000
Largest bank loan (RBI cap)₹40,00,000 (80%)
Monthly EMI, 20 years at 7.61%₹32,493

Registration fee not computed: no official table of fees could be read (the IGR portal refuses connections from outside India). A 1% reduction for women buyers (order of 31 March 2021) was read only in an editor's note: it is not applied. Mumbai metro surcharge: section 144F applies it from a date set by notification, which was not read; the 1% is applied as enacted.

Sale deed of a home bought by an individual. Brokerage, legal fees, GST on an unfinished home, TDS and bank fees are not included; your bank's rate will differ from the RBI average. All the rates and sources.

If you sell

Capital gain and the tax on it

Same rule in every state: the Income-tax Act applies across India.

Capital gain₹20,00,000
Type of gainLong-term (held over 24 months)
Rate12.5%
Tax on the gain₹2,50,000

Long-term gain taxed at 12.5% without indexation (Income-tax Act 2025, section 197(1), sale on or after 1 April 2026), before surcharge and cess. Home bought before 23 July 2024 by a resident individual or HUF: 20% with indexed cost at most (section 197(3)).

Gain = sale price − purchase price, before deductible costs. Brokerage, reinvestment exemptions and TDS are not included.

Mumbai against the rest of India

The NHB publishes a RESIDEX change for only nine of the 30 cities on Payotte. Mumbai is 6th of the nine cities, at +6.2%: almost level with the +7% of the 50-city composite (-0.8 points). The range runs from +24.4% in Faridabad to -1.7% in Kalyan-Dombivli.

Maharashtra charges stamp duty of 5% of the Annual Statement of Rates (ready reckoner) in a Municipal Corporation area (4% in a Gram Panchayat). On a ₹50 lakh home that is ₹2,50,000, joint 4th of the seven whose rates Payotte reads, level with Chandigarh, Odisha and Uttarakhand.

Mumbai lies at 19.1°N, 72.9°E. Navi Mumbai, 15 km to the east, is practically next door, then Thane (15 km, north-east) and Kalyan-Dombivli (35 km, north-east), as the crow flies. Four cities in all lie within 150 km (Navi Mumbai, Thane, Kalyan-Dombivli and Pune). The farthest is Guwahati, 2,090 km away. The closest city with a RESIDEX figure after itself is Kalyan-Dombivli (-1.7%), 35 km away.

Maharashtra has five other cities on Payotte: Kalyan-Dombivli, Nagpur, Navi Mumbai, Pune and Thane. Pune (+3.7%) and Kalyan-Dombivli (-1.7%) are the ones with a RESIDEX figure, against +6.2% here.

The twelve cities of Payotte closest to Mumbai
CityDistanceDirectionPrices over a year (RESIDEX)
Navi Mumbai15 kmeastno figure
Thane15 kmnorth-eastno figure
Kalyan-Dombivli35 kmnorth-east-1.7%
Pune120 kmsouth-east+3.7%
Surat235 kmnorthno figure
Ahmedabad440 kmnorth+7.9%
Indore510 kmnorth-eastno figure
Hyderabad620 kmeast+5.2%
Bhopal660 kmnorth-eastno figure
Nagpur685 kmeastno figure
Bengaluru845 kmsouth-east+21.5%
Jaipur920 kmnorthno figure

The questions, answered

How much stamp duty on a ₹50 lakh home in Mumbai?

On a ₹50 lakh home in Mumbai (Maharashtra), the charges are stamp duty (5%) ₹2,50,000, metro surcharge, Mumbai (1%) ₹50,000: at least ₹3,00,000 in all, and at least ₹6,00,000 on ₹1 crore, above the Annual Statement of Rates (ready reckoner), at the rates read on 14 October 2026 (registration fee not read at the source, not included).

What EMI on a ₹50 lakh home in Mumbai?

On the largest loan an Indian bank may grant (80% of the price, RBI), ₹40 lakh over 20 years at the 7.61% average rate costs ₹32,493 a month.

How much tax when you sell a home in Mumbai?

The Income-tax Act applies across India: a gain on a home held more than 24 months is taxed at 12.5% without indexation, ₹2,50,000 on a ₹20 lakh gain, before surcharge and cess

Are house prices rising in Mumbai?

The NHB RESIDEX index for Mumbai, based on bank and housing finance company valuations, changed by +6.2% over a year in April-June 2026, against +7% for the 50-city composite (National Housing Bank).

More on the tax when you sell: capital gains tax on property. On the loan: eligibility and EMI.

The figures

MeasureValueSource
Stamp duty (5%) on ₹50 lakh₹2,50,000Inspector General of Registration and Controller of Stamps, Maharashtra
Metro surcharge, Mumbai (1%) on ₹50 lakh₹50,000Mumbai Municipal Corporation Act, section 144F
House prices, change over a year (April-June 2026)+6.2%NHB RESIDEX

The RBI and the NHB publish price indices, not prices in rupees. National figures: RBI House Price Index +3.6% over a year (Q1:2026-27 (April-June 2026)); average rate on new housing loans 7.61% (August 2026).

Elsewhere in Maharashtra

Sources