Stamp duty and registration charges in Pune (2026): what you will pay on a new flat

The price on a brochure is not what a flat costs. In Pune, government charges add a significant amount on top of the agreement value, and you usually have to pay them from your own funds — banks rarely include them in the loan. Here is how they work, with a worked example based on the starting price at The Reserve Kolte Patil, Sinhgad Road.

Rates below are the commonly applied rates at the time of writing. They are set by the Maharashtra government and can change; always confirm the current figure on the IGR Maharashtra website (igrmaharashtra.gov.in) or with your lawyer before you pay.

Stamp duty in Pune city

For residential property within Pune’s municipal limits, the total stamp duty is commonly 7% of the agreement value. That is made up of 5% stamp duty, 1% local body surcharge and 1% metro cess. Stamp duty is calculated on the higher of the agreement value and the government ready-reckoner value of the property.

Concession for women buyers

Maharashtra offers a 1% stamp duty concession on residential property bought by a woman, either alone or, in some cases, as the first applicant. Conditions apply, so check the current rules on the IGR website before you plan around it.

Registration fee

The registration fee is 1% of the agreement value, capped at ₹30,000 for property above ₹30 Lakhs. In practice, almost every new flat on Sinhgad Road pays the ₹30,000 cap.

GST on under-construction flats

Under-construction homes outside the affordable-housing category carry 5% GST on the agreement value. GST does not apply once the developer has received the completion or occupancy certificate. Stamp duty and registration apply in both cases.

Worked example: a ₹85 Lakh flat

So a flat priced at ₹85 Lakhs* can need roughly ₹10.5 Lakhs of taxes on top, before floor rise, parking and maintenance deposits. Add your 20% down payment and the cash you need at booking is far more than most buyers expect. The EMI and home loan guide shows how this fits with the loan.

When each charge is paid

• Stamp duty and registration: when the agreement for sale is registered, usually soon after booking.
• GST: with each construction-linked instalment.
• Other charges (maintenance deposit, society formation, legal fees): usually at possession. These appear on the cost sheet.

How to avoid surprises

Ask for the unit-wise cost sheet before you pay a booking amount. It should show every charge for the exact flat. At The Reserve, the sales team shares the cost sheet along with the payment schedule — you can request it from the project page. Then cross-check the project on MahaRERA using our MahaRERA verification guide.

*Figures are illustrative and based on indicative starting prices and commonly applied rates. They are not tax or legal advice. Confirm current rates with IGR Maharashtra or a qualified professional.