What a ₹15 crore floor in South Delhi really costs in 2026

Updated 1 November 2026 · Ashutosh Bhogra

The price on the agreement is not what you pay. Here is everything else, for a resale builder floor or house in Delhi bought at ₹15 crore, and the steps where money moves. Take your own legal and tax advice on your purchase; the figures below are the ones that apply to almost everyone.

Before you sign anything: the lawyer's check

Your lawyer reads the chain of deeds back to the first owner, the collaboration agreement behind the building, the land share written in the deed, the sanctioned building plan, and whether the parking slot is named. Lawyers read copies first and inspect the originals at some point. If a deed in the chain is missing, the title is not 100 per cent, and banks will not lend. That is the moment to stop or to reprice, not after you have paid earnest money.

Fees vary with the lawyer and the chain. Agree it before you start.

Earnest money

On signing the agreement to sell, you pay a part of the price, through the bank, and it is written into the agreement with what happens to it if either side backs out. It is not an extra cost; it is the first part of the price. But it is the first money that moves, and it should move only after the lawyer's check.

Stamp duty and transfer duty: ₹75 lakh to ₹1.05 crore

Delhi charges two things at registration. Stamp duty is 3 per cent for a man and 2 per cent for a woman. The municipal transfer duty is 4 per cent for a man and 3 per cent for a woman, since the city raised it by one point in May 2022 for properties above ₹25 lakh.

Together: 7 per cent if the buyer is a man, 5 per cent if a woman. On ₹15 crore, ₹1.05 crore or ₹75 lakh.

You will read 6 and 4 per cent on many websites, including some official-looking ones. They are quoting the rate from before May 2022. The registrar charges 7 and 5.

Duty is charged on the agreement price or the government's circle-rate value, whichever is higher. In most South Delhi colonies the market price is well above the circle rate, so the agreement price is what counts. Our stamp duty calculator checks both for your colony.

Registration: ₹15 lakh

One per cent of the price, plus ₹100 for pasting. ₹15,00,100.

Our fee: ₹17.7 lakh

Grey Beard's fee to a buyer is 1 per cent plus GST, so 1.18 per cent. On ₹15 crore, ₹17.7 lakh, paid by cheque against a GST invoice.

A low fee is not a saving if the deal is handled badly.

GST on the property: nothing

A completed resale floor or house carries no GST. GST applies only when you buy from a builder before completion.

Tax you hold back from the seller

This is not your cost, but it is your job, and getting it wrong is.

If the seller lives in India, you hold back 1 per cent of the price when the price is ₹50 lakh or more, deposit it, and give the seller the certificate. On ₹15 crore, ₹15 lakh held back, ₹14.85 crore paid.

If the seller lives abroad, you hold back 13 to 14.95 per cent of the price, depending on the size of his gain, unless he gives you a lower-deduction certificate from the tax office (Form 128, formerly Form 13). From 1 October 2026, if you are an individual or a Hindu undivided family living in India, you no longer need a TAN for this; you deposit against your PAN. A company, firm or LLP still needs a TAN, and so does a buyer who himself lives abroad, even an individual: the relief is for resident buyers only.

If you are taking a loan

The bank's valuer visits. The bank's lawyer reads the papers again. There is a processing fee, which the bank sets. And the bank will not lend on a title that is not 100 per cent, which is one more reason the lawyer's check comes first.

The total

Roughly 9 per cent on top for a man, 7 per cent for a woman. Registering in a wife's name saves ₹30 lakh on this purchase. Many families do.

Small things that are not small

• Parking. Make sure the deed names your slot. It is part of the price, not an extra, but it is the thing most often left out of the papers.
• Society and maintenance. Ask what is paid monthly and whether anything is owed.
• Furniture and fittings. If the seller is leaving things, list them in the agreement.
• The visit. Drive the colony at 11 at night and 6 in the morning for parking. Check for an open drain beside the plot. Note any temple, gurudwara, masjid or school close by, so you know when to expect noise and traffic: at particular hours, on particular days, and in particular months.

Buying in South Delhi? See a current home, or use the stamp duty calculator.