RANCHI: The cost of purchasing properties in urban areas across Jharkhand is poised to increase. The state government has introduced a new levy on property transactions aimed at boosting revenue.
The proposed Jharkhand Municipal Land/Building Transfer Surcharge Rules 2026, shared by the state’s urban development and housing department, suggests a 10% surcharge on the total stamp duty and registration fees for property transfers within municipal and industrial township limits. This revenue will be allocated to civic bodies for various expenditures.
“These rules are part of our strategy to enhance municipal revenue and assist in alleviating financial constraints. We are pursuing additional measures to increase funds, including the recent implementation of tourist tax regulations,” said Sunil Kumar, Principal Secretary of the department.
The draft rules are currently open for public feedback until July 24. Should a property transfer not be finalized, the surcharge will be refunded in accordance with the usual registration fee refund procedures. These regulations will be enforced throughout all areas governed by the Jharkhand Municipal Act, 2011.
The surcharge will be calculated and collected online. The department of revenue, registration, and land reforms—responsible for collecting stamp duty and registration fees on property sales—will also gather the surcharge and directly transfer it to each civic body’s dedicated bank account via an integrated payment system.
