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Flat-Owners in Odisha to Pay ₹50,000 Stamp Fee for Common Area Registration in Apartments

  • by- Zaid
  • May 15, 2026
Odisha amends Indian Stamp Act to introduce nominal ₹50,000 stamp duty for transferring common areas to apartment owners' associations, replacing earlier 5% charge.
Flat-Owners in Odisha to Pay ₹50,000 Stamp Fee for Common Area Registration in Apartments

Bhubaneswar, May 15: Odisha has streamlined apartment registrations by amending the Indian Stamp Act, introducing a nominal ₹50,000 stamp duty for transferring common areas, replacing a previous 5 per cent charge. The move aims to resolve registration bottlenecks and ease use of shared facilities for residents.

Earlier Provision and Its Challenges

Under the Odisha Apartment (Ownership and Management) Act, 2023, developers need to transfer common areas such as corridors, lifts and community spaces to the Association of Allottees at the time of executing the first deed of conveyance. However, the earlier provision mandated payment of 5 per cent stamp duty by the association, making the process financially unviable for many.

New Nominal Fee Structure

The amendment introduces a nominal stamp duty of ₹50,000 for executing the deed of conveyance for transfer of common areas in favour of the association, irrespective of the property value. Individual homebuyers will continue to pay a uniform stamp duty of 5 per cent at the time of registration of their respective apartment units, including both the cost of the flat and the buyer's undivided share in common areas.

Benefits and Impact

Officials said the reform is expected to resolve long-standing issues that left many buyers unable to complete registration due to the pending transfer of common areas. "The move will significantly ease the registration process and remove hurdles in use of common areas with associations," a government statement said.

Complementary Reform

The decision follows another related reform from December last year, when the state fixed a consolidated registration fee of ₹20,000 under the Registration Act, 1908, for transfer of common areas. Real estate expert Bimalendu Pradhan said, "Though delayed by three years, it is a welcome and necessary step. Now, registration can start for all those projects which have registered their association, received OC, and have common areas defined."