Stamp duty, registration and home loans on M3M resale

The three payments, and who they go to

When you buy an M3M resale flat, keep three separate payments apart — confusing them is how buyers under-budget:

• The price — to the seller.
• The builder transfer charge — to M3M, on a pre-possession transfer. See the transfer charges and NOC guide.
• Stamp duty and registration — to the Haryana government, on the instrument that transfers ownership.

This guide covers the third, and how a home loan fits around all of them.

When stamp duty falls due

Stamp duty and registration are paid when the transfer instrument is registered.

• For a ready, registered unit, that is at the sale deed, now.
• For a pre-possession unit, the booking transfer goes through the builder now, and the registry — with stamp duty — usually comes later, at possession, when the flat is conveyed into your name.

Know which stage your unit is at so you budget the timing, not just the amount.

How stamp duty is calculated

Haryana levies stamp duty as a percentage of the transaction value (or the government's circle rate, whichever is higher), plus a separate registration fee. Two things worth knowing:

• The rate depends on the buyer's category — Haryana offers a concession for female buyers, with joint ownership set in between.
• It is charged on the instrument value, so the amount moves with the price.

The rates and the registration-fee cap are set by the state and revised from time to time, so we deliberately do not print a number here that could be out of date. Put the current value into our stamp duty calculator for your figure, and confirm the live schedule before registry.

Stamp duty is not part of your home loan

A home loan funds a share of the property price. It does not cover stamp duty, registration or the builder transfer charge — you pay those from your own funds, on top of your down payment. Budget them as cash in hand, not as something the bank rolls in.

Home loans on resale — what is different

• Ready / registered units finance much like any resale: the bank values the flat, checks the title, and lends a share of the value while your down payment covers the rest.
• Pre-possession assignments are the tricky case. The asset is still a booking, not a registered flat, so not every bank will fund it. Those that do usually want a tripartite arrangement with M3M and lend against the construction-linked plan. Ask your lender early whether they finance an assignment in your specific project, and get an in-principle sanction before you commit a token.

Estimate the monthly outgo with our home-loan EMI calculator.

Costs to budget, start to finish

• Down payment (price minus the loan)
• Builder transfer charge, pre-possession — guide · calculator
• Stamp duty and registration — calculator
• Your EMI once the loan starts — calculator
• Legal review and processing fees

Work the real numbers out before you negotiate, not after.

A note for sellers

If you are selling, remember the buyer carries all of this on top of your price. An inflated ask pushes their all-in cost up and slows the sale — one more reason to price off real transactions. See how to price your M3M resale flat.

Before you transact

This is general information, not legal, tax or financial advice, and figures change. Confirm the current Haryana stamp-duty schedule and registration fee before registry, check your lender's policy on your specific project, and have your advocate review the instrument. Run the wider checks in our resale due diligence guide.

Common questions

How much is stamp duty on resale in Gurugram? It is a percentage of the transaction value set by Haryana and varies by buyer category, with a concession for female buyers. Use our stamp duty calculator for the current figure and confirm the live schedule before registry.

Is stamp duty included in my home loan? No. Stamp duty, registration and the builder transfer charge are paid from your own funds, over and above the loan.

Can I get a home loan on an under-construction M3M resale? Sometimes. Not every bank finances a pre-possession assignment, and those that do usually need a tripartite arrangement with M3M. Confirm with your lender early.

When do I pay stamp duty on a pre-possession flat? Usually at registry, at possession, when the flat is conveyed into your name — not at the builder transfer that happens when you take over the booking.