Go beyond the quoted price per sq ft — see the full, real cost of a property including stamp duty, registration, GST, parking, maintenance, and other charges.
The Property
Statutory Charges
Other Charges
Total cost breakdown
Property value vs total cost
Property value = area × rate per sq ft. Stamp duty and registration are calculated on property value per Madhya Pradesh norms; GST applies only to under-construction properties (resale and ready-to-move properties are typically GST-exempt). Parking, maintenance deposit, and other charges are usually fixed amounts quoted by the builder, not percentages. This is an illustrative estimate — always confirm exact charges against the builder's cost sheet.
Builders and sellers typically quote a per-sq-ft rate that reflects only the base property value. The actual cash you need at purchase is meaningfully higher, once you add statutory charges (stamp duty and registration, which are mandatory and vary by state) and, for under-construction properties, GST — plus builder-quoted extras like parking, a maintenance deposit, and club/legal/miscellaneous charges that often aren't included in the headline price.
In Madhya Pradesh, stamp duty and registration together commonly add 9–11% on top of the property value alone — before parking, maintenance, and other charges are even factored in. Buyers who only budget against the quoted rate are frequently surprised by a final cost sheet 12–18% higher than expected.
Property Value = Area (sq ft) × Rate per sq ftStamp Duty = Property Value × Stamp Duty %Registration = Property Value × Registration %GST = Property Value × GST % (under-construction only)Total Cost = Property Value + Stamp Duty + Registration + GST + Parking + Maintenance + Other Charges
Parking, maintenance deposit, and other charges are entered as fixed rupee amounts because builders typically quote them as flat fees per unit rather than a percentage of property value.
| Charge | Typical rate | Applies to |
|---|---|---|
| Stamp duty | ~7.5% of property value | All property purchases |
| Registration | ~3% of property value | All property purchases |
| GST | 1% (affordable) / 5% (other) | Under-construction only |
| Parking | ₹1–3 lakh (fixed) | Apartments with allotted parking |
| Maintenance deposit | ₹25,000–1 lakh (fixed) | Most gated/society projects |
Request the builder's itemised cost sheet before shortlisting — parking, club membership, and "other charges" vary widely between projects and can shift your real budget significantly.
GST only applies to under-construction property, not resale or fully completed, ready-to-move units — confirm your project's status before assuming GST is (or isn't) part of your cost.
Stamp duty, registration, and most "other charges" are typically not financed by your home loan — plan for this cash separately from your down payment.
Property value is area × rate per sq ft — the base price. Total cost adds stamp duty, registration, GST (if applicable), parking, maintenance deposit, and other charges on top, which together typically add 12–18% to the base price.
No. GST applies only to under-construction properties bought directly from a builder. Resale and fully completed, ready-to-move-in properties are exempt from GST.
Usually not. Most lenders finance only the property value (up to LTV limits) — stamp duty, registration, and most other charges need to be paid separately, in cash.
Builders typically quote these as flat per-unit fees rather than a percentage of property value, so they're entered as fixed rupee amounts in this calculator.
Together they typically add around 9–11% of the property value in MP, though exact rates can vary by transaction type, buyer category, and local body.
No. This tool gives an illustrative estimate based on the figures you enter. Always confirm exact charges against the builder's official cost sheet before finalising a purchase.
Our advisors can pull the actual builder cost sheet for any Indore project you're considering, so there are no surprises at registration.