New Stamp Duty & Registration Rules in Greater Noida Explained!
Greater Noida Authority has made some significant changes regarding stamp duty and property registration recently. In March 2025, they increased the circle rate, varying from 20 to 70 percent. And now, they have come up with changes in stamp duty and registration, which are subject to many legal disputes.
Let’s understand these changes and their impact on homebuyers.
Pay stamp duty at the time of booking.
Greater Noida Authority has made it mandatory for property buyers to pay stamp duty upfront at the time of booking. Previously, the stamp duty was payable after the possession of the property.
It means you have to register your property after paying stamp duty without even getting possession, which is subject to legal disputes if the buyer or builder defaults or cancels the unit.
What the new rule says?
As per the new rules, the builder has to execute a bipartite agreement, “agreement to sell, as soon as the buyer pays 10 percent of the total property cost.
This change is in line with Section 13 of the RERA Act, which states the following:
(1) A builder (called a "promoter") cannot take more than 10% of the total price of a flat, plot, or building from a buyer unless they:
• First sign a written sale agreement with the buyer, and
• Register that agreement (make it official and legal as per the law).
So, before asking for a big payment, the builder must do the paperwork and make it legal.
(2) This written agreement (mentioned above) must:
• Be in a format that the law says is correct.
• Clearly explain what the builder will build (flats, buildings, roads, parks, etc.).
• Say when and how the buyer has to make payments.
• Say when the buyer will get possession (when they can move in).
• Say what interest will be paid if the builder delays or if the buyer delays in making payments.
• Include any other important details as required by the rules.
As per the Authority’s order, a separate ‘Possession Deed’ will be signed after the handover of the project.
New Changes are subject to legal disputes
Developers have raised their concern about unclear laws:
Stamp duty refund: Developers said 25 percent of the bookings get cancelled on average. There is no clarity provided by the Authority on this—if the buyer cancels the unit after registration, how will the stamp duty be refunded?
Buyer stops paying: What happens if the buyer stops paying after the property has been registered? As the property is already in the buyer’s name, it will be extremely hard for developers to get into a legal battle with the buyers. They said the changes are made without thinking about the future consequences.
Home Buyers have raised their concerns
Buyers have also raised their concerns regarding delayed possession and the builder being in default.
Buyers said, What if the property is delayed in possession—who will be responsible for our hard-earned money? As the property is already registered, the builder will have leverage and might work recklessly.
Moreover, buyers have also raised concerns about builders being in default. Buyers expressed their concerns, questioning what would happen if builders default and the project becomes stalled. They raised their concerns that the Authority is just thinking about their profit, not homebuyers’ welfare.
NRIs’ investment will get decreased
Developers also raised concern that if the on-the-spot registration and stamp duty come into play, NRIs will face immense difficulty in property registration. They said they would have to travel immediately, which is mostly impossible. The situation will lead to NRIs ignoring investment in Greater Noida real estate.
Greater Noida Authority’s view
The Greater Noida Authority made a new rule on October 27 last year to protect homebuyers and help the government collect stamp duty earlier. Usually, flats are sold or transferred many times before final possession, but they often aren't officially registered.
This rule now makes it compulsory to register the flat at the time of the first sale, instead of waiting until the project is completed. Similar rules already exist in Noida and the Yamuna Expressway area. Also, the Uttar Pradesh government said developers can’t take more than 10% of the property’s price without a registered agreement, as per RERA rules.
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