GHAZIABAD: The stamp and registration department concluded the fiscal year 2025-26 with a remarkable revenue collection of ₹2,963 crore, achieving 86% of its annual target of ₹3,480 crore. This marked a year-on-year growth of approximately 3.75%, with collections increasing by ₹107 crore from ₹2,856 crore in the previous financial year.
According to officials, the Modinagar sub-registrar office (SRO) was the top contributor, generating ₹208 crore from sale deeds associated with a new industrial township developed by UPSIDA. This SRO accomplished 106% of its ₹196 crore target.
Substantial housing and commercial development plans from various agencies in the district have contributed to an increase in stamp duty revenue from specific areas, officials noted.
“The UP State Industrial Development Authority (UPSIDA) is set to develop an industrial hub on 340 acres in the Newari area, under the Modinagar SRO. This uptick significantly contributed to overall collections, maintaining stability despite moderate growth,” an official stated.
Loni closely followed, recording a revenue of ₹187 crore, 98% of its ₹190 crore goal. High-revenue-generating sale deeds were tied to UPSIDA’s Mandola Housing Scheme launched last year, along with the Delhi-Dehradun Expressway traversing Loni SRO areas.
Ghaziabad Sadar-1 SRO was next, generating ₹525 crore and achieving 91% of its ₹580 crore goal. This SRO serves established, affluent neighborhoods like Kavi Nagar and Gandhi Nagar.
The department registered approximately 1.34 lakh property documents during this fiscal year, a slight increase from nearly 1.31 lakh registrations the previous year.
“A substantial portion of these transactions—81,694—were conducted under concessional policies, reflecting ongoing interest in government-sponsored incentives for property registrations. The total concession amount for these deeds reached ₹464 crore,” explained Pushpendra Kumar, assistant inspector general of the stamps and registrations department in Ghaziabad.
This financial year, policy changes in concessional rebates for stamp duty also led to an increase in revenue loss due to rebates. These included a 1% stamp duty concession for women buyers on properties valued up to ₹1 crore and a flat ₹5,000 duty on property transfers within families across residential, commercial, and industrial sectors.
The total rebates included a 78% increase in gift deed concessions. Last fiscal year saw ₹323 crore rebated on gift deeds between blood relations, while this year it was ₹181 crore. Additionally, ₹102 crore was rebated to women applicants eligible for a 1% concession on registries held in their names, which was a 92% increase from ₹53 crore in the previous year.
Typically, property registrations incur a 5% stamp duty plus an additional 2% levy collected by the state, allocated for infrastructure and local development projects managed by various development authorities and civic bodies.
