Ghaziabad: : The stamp and registration department ended 2025-26 with a revenue collection of Rs 2,963 crore, achieving 86% of its annual target of Rs 3,480 crore. The department recorded a year-on-year growth of around 3.75%, with collections rising by Rs 107 crore compared to Rs 2,856 crore in the previous financial year.Officials said Modinagar sub-registrar office (SRO) made the biggest contribution, with sale deeds linked to a new industrial township developed by UPSIDA generating Rs 208 crore during the year. This SRO achieved 106% of its Rs 196 crore target.More housing and commercial development plans of development agencies in the district led to higher stamp duty revenue from certain areas, officials said.“The UP State Industrial Development Authority (UPSIDA) plans to set up an industrial hub on 340 acres at Newari area, which falls under the jurisdiction of the Modinagar sub-registrar office. This surge played a key role in sustaining overall collections despite a modest growth rate,” an official said.Loni came a close second, recording a revenue of Rs 187 crore – 98% of its Rs 190 crore target. The high-revenue-generating sale deeds are linked to UPSIDA’s Mandola Housing Scheme launched last year and the Delhi-Dehradun Expressway running through areas that fall under Loni SRO.Third-most revenue was generated by the Ghaziabad Sadar-1 SRO at Rs 525 crore, achieving 91% of its target of Rs 580 crore. The SRO caters to older, posh localities of the district, like Kavi Nagar and Gandhi Nagar.In terms of transactions, the department registered around 1.34 lakh property documents during the year, showing a marginal increase from the previous year’s figure of nearly 1.31 lakh registrations.“A significant portion of these transactions — 81,694 — were carried out under concessional policies, indicating continued traction in government-backed incentives aimed at boosting property registrations. The total concession provided through these deeds amounted to Rs 464 crore,” said Pushpendra Kumar, assistant inspector general, stamps and registrations department, Ghaziabad.As this financial year saw some policy changes in concessional rebates given for stamp duty, the revenue loss in rebates also increased for this year. These included a 1% stamp duty concession for women buyers on properties valued up to Rs 1 crore and a flat Rs 5,000 duty on property transfers within families across residential, commercial and industrial segments.Among the total rebates provided, rebate on gift deeds saw an uptick of 78% growth. In the previous fiscal year Rs 323 crore rebate was given on gift deeds executed in blood relations, while this year saw Rs 181 crore rebate on the same. Apart from this, Rs 102 crore rebate was given to women applicants who are eligible for a 1% rebate on registries made in the name of women. In the previous financial year, only Rs 53 crore rebate was given in this category, seeing an uptick of 92% this year.Typically, property registrations attract a 5% stamp duty, along with an additional 2% levy. This extra component, collected by the state government, is earmarked for infrastructure and local development. The funds are later allocated to various development authorities and civic bodies to undertake projects in their respective areas.
Rs 107cr more than last year, but Gzb misses stamp duty target by 14% | Noida News
Ghaziabad: : The stamp and registration department ended 2025-26 with a revenue collection of Rs 2,963 crore, achieving 86% of its annual target of Rs … Read more
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