Leave and licence agreements for residential premises in Maharashtra must be registered, and stamp duty is payable under Article 36A of the Maharashtra Stamp Act, 1958. Enter your agreement details to estimate the stamp duty and registration charges before you book an appointment or register online.
Leave and licence stamp duty calculator
If the rent changes during the term, enter the average monthly rent.
An estimate based on the published formula. The IGR Maharashtra system calculates the exact figure at registration. Nothing you enter is saved or sent anywhere.
How the stamp duty is worked out
Under Article 36A, stamp duty on a leave and licence agreement is 0.25% of the value of the licence. The value includes:
- the total rent for the whole term;
- any non-refundable deposit or premium; and
- where a refundable deposit is paid, notional interest on it at 10% a year for the term.
| Example | Amount |
|---|---|
| Rent Rs 25,000 a month for 11 months | Rs 2,75,000 |
| Refundable deposit Rs 1,00,000: notional interest at 10% for 11 months | Rs 9,167 |
| Value for stamp duty | Rs 2,84,167 |
| Stamp duty at 0.25% | Rs 711 |
Registration charges
The registration fee is Rs 1,000 for properties in municipal corporation or council areas and Rs 500 in rural areas, plus document handling charges. Agreements can be registered online through the IGR Maharashtra e-registration facility, with biometric verification of the parties, or at a Sub-Registrar’s office.
These tools give general information to help you prepare. They are not legal advice, and nothing you enter is stored or sent anywhere.
Free download: Leave and licence agreement checklist (PDF) · all free formats