Service
Stamp Duty & Registration Valuation
Understand circle rate, ready reckoner, guidance value and jantri before you register, and when a valuer's report changes the outcome
Stamp duty is charged on the higher of the agreed price and the state's minimum value for the property (called circle rate, ready reckoner rate, guidance value, guideline value, market value, jantri or collector guideline depending on the state). A registered valuer's report does not lower stamp duty by itself, but it matters when you sell below the state value (Section 78 of the Income-tax Act 2025, formerly 50C, deems the state value as sale price beyond a 10% gap), when you seek adjudication of an unusual property, and when you contest an inflated state valuation in appeal.
- Who signs
- A registered valuer under Section 514 (formerly Section 34AB) for tax-side references; a Chartered Engineer for structural or condition-based adjudication requests.
- Typical fee
- ₹10,000 – ₹18,000. Plus 18% GST. Flat fee for a market-value report supporting a sub-registrar adjudication or an income-tax Valuation Officer reference.
- Turnaround
- 3–5 working days
- Inspection
- Required.
- Validity
- As of the date of the deed or agreement.
When you need it
- Selling a distressed, tenanted or litigated property below the state value
- Registering unusual properties the state schedule does not fit
- Contesting a stamp-duty demand after registration
- Documenting market value for deemed-income defence
Documents to send
- Draft sale deed or agreement
- State valuation extract (circle rate, ready reckoner, guidance value, jantri, collector guideline)
- Title documents, plan and tax receipts
- Evidence of condition, encumbrance or defect that lowers market value
How it works
- Check the state minimum value ValuerDekho city pages link to each state's portal: Delhi circle rates, IGR Maharashtra ready reckoner, Kaveri guidance value, TNREGINET guideline value, Telangana IGRS market value, Gujarat jantri, MP collector guideline, West Bengal market value.
- Compare with the agreed price If the price is below the state value by more than 10%, both buyer and seller face deemed-income consequences.
- Commission a market-value report Evidence of why the market value is below the state value (condition, litigation, access, tenancy).
- Use it where it counts Adjudication with the sub-registrar or collector; reference to the income-tax Valuation Officer; appeal against enhanced stamp valuation.
Verify before you commission
Ask for the Section 514 (formerly 34AB) or IBBI registration number and a redacted sample report. Our five-minute verification guide shows where to check.
Frequently asked questions
Can a valuer's report reduce my stamp duty?
Only through the state's adjudication or appeal process, where the collector may accept evidence that the property's market value is below the schedule. The report is that evidence; the collector decides.
What is the 10% safe harbour?
Under Section 78 of the Income-tax Act 2025 (formerly 50C), if the stamp-duty value does not exceed the sale price by more than 10%, the actual price is accepted for capital gains. Beyond that, the stamp-duty value is deemed the consideration unless a Valuation Officer finds otherwise.
Which portal shows my state's minimum value?
Delhi: Revenue Department circle rates; Maharashtra: IGR Annual Statement of Rates; Karnataka: Kaveri Online Services; Tamil Nadu: TNREGINET; Telangana: IGRS market value; Gujarat: Garvi (jantri); Madhya Pradesh: MPIGR collector guideline; West Bengal: IGR market value. Each ValuerDekho city page links to the current one.
Related services
- Capital Gains Valuation: Registered-valuer reports that stand up to the assessing officer when you sell, inherit or gift property
- Income Tax, Gift & Partition Valuation: Fair market value reports for gifts, inheritance, partition, Section 56 transactions and assessments
- Property Valuation Report & Certificate: Current market value certificates for buying, selling, insurance, investment decisions and records
Last reviewed 6 September 2026 by ValuerDekho editorial team. Regulatory references are to the Income-tax Act 2025 and Income-tax Rules 2026 (in force from 1 April 2026) with the former 1961-Act section numbers in brackets. This is general information, not tax or legal advice.