Power of Attorney – Stamp duty & Registration Fees

In this article, you will learn about the applicable Stamp Duty on different types of Power of Attorney for the properties located under the Corporation and Rural areas of Pune, Pimpri Chinchwad, and PMRDA.

Type of Power of Attorney	Stamp Duty	Registration Fees	LBT	Metro Cess
Power of Attorney in favor of anybody to Purchase a Property	Rs. 500/-	Rs. 100/-	Not Applicable	Not Applicable
PoA in favor of anybody admitting the Execution and Presenting the Document of a Property Sell (no execution rights)	Rs. 500/-	Rs. 100/-	Not Applicable	Not Applicable
PoA in favor of Near Relatives to Sell a Property without any consideration	Rs. 500/-	Rs. 100/-	Not Applicable	Not Applicable
PoA in favor of other than Near Relatives to Execute and Present the Deed of a Property Sell located at Corporation, PMRDA Areas	equivalent to the Conveyance Deed	equivalent to the Conveyance Deed	1% on the Government valuation of the property	1% on the Government valuation of the property
PoA in favor of other than Near Relatives to Execute and Present the Deed of a Property Sell located at Rural Areas	equivalent to the Conveyance Deed	equivalent to the Conveyance Deed	1% on the Government valuation of the property	Not Applicable
PoA in favor of anybody for a purpose other than selling a Property	Rs. 500/-	Rs. 100/-	Not Applicable	Not Applicable

Note: Near Relatives include – father, mother, brother, sister, wife, husband, daughter, son, grandson, granddaughter or father, mother, brother, or sister of the spouse.

Listen audio of this article –

Power of Attorney can be given to anyone for any purpose. It is not compulsory to give it to blood relatives or near relatives. But, if someone wants to sell immovable property in that case due to Stamp Duty rules, it will be beneficial to give it to blood relatives or near relatives. When it comes to the Power of Attorney in favor of non-near relatives given for the sale of the property then stamp duty is equivalent to the conveyance deed will be applicable.

Power of Attorney given for purposes other than selling the immovable property will attract very nominal Stamp Duty and Registration Fees. But, Stamp Duty equivalent to the Conveyance Deed is applicable in case Power of Attorney to Sell an immovable property given to other than a Near Relatives.

In Maharashtra, Rs. 500/- Stamp Duty and Rs. 100/- Registration Fees will be applicable for the Power of Attorney to sell the property without consideration if it is given to the father, mother, brother, sister, wife, husband, daughter, son, grandson, granddaughter or father, mother, brother, or sister of the spouse.

FAQ – Power of Attorney in Maharashtra