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Stamp Duty, Registration Revenue Up 30% at ₹19,000 Crore in Gujarat

  • by- Grihik
  • Apr 9, 2026
Gujarat's revenue from stamp duty and registration fees rose 30 per cent year-on-year to ₹19,102.58 crore in 2025-26, up by nearly ₹4,400 crore from ₹14,706 crore in 2024-25.
Stamp Duty, Registration Revenue Up 30% at ₹19,000 Crore in Gujarat

Gandhinagar, April 9: The number of property documents registered in the state during the financial year ended March 31, 2026, stood at 18.95 lakh, compared with 18.77 lakh in the previous year – a marginal increase.

Key Drivers

The sharp increase in revenue, alongside a modest rise in registrations, reflects higher property values. Officials attributed the rise partly to the doubling of jantri rates in the 2023-24 financial year.

A government official said: "The government doubled jantri rates in the 2023-24 financial year and this is reflected in the fact that while there is a modest increase in the number of property document registrations, the actual income from stamp duty and registration fee during the just concluded financial year has risen significantly."

The 2025-26 collection was close to the state government's estimated target of ₹19,800 crore.

District-Wise Performance

  • Ahmedabad: Highest registrations (3,76,859 documents) and revenue (₹4,379.51 crore)

  • Surat: 2,89,544 registrations

  • Rajkot: 1,54,211 registrations

  • Vadodara: 1,32,475 registrations

  • Gandhinagar: 1,04,175 registrations

  • Dang: Lowest registrations (43 documents)

Industry View

Tejas Joshi, President of CREDAI Gujarat, said Gujarat's real estate market has seen strong demand over the past few years, with a significant number of projects delivered and sale deeds executed. He said several high-value land transactions also took place after the announcement of the Commonwealth Games.

Concerns

However, real estate experts said many sale deeds registered in 2025-26 were linked to transactions finalised in earlier years. Sources also pointed to recent GujRERA data showing that new project registrations in the state have fallen to their lowest level since the Covid-19 pandemic.