gandhinagar even as the gujarat government will implement revised jantri rates from april 15 it is actively considering a proposal to reduce stamp duty and registration fee on purchase of properties top sources in state government said a finance bill listing out revised stamp duty and registration fee rates is expected to be introduced in the budget session of the gujarat assembly which begins later this monthreduction in stamp duty and registration fee has been a longstanding demand of the real estate sector which has made several representations to the government over this concession at present property registration attracts a stamp duty of 49 and a registration fee of 1 female buyers are exempt from the 1 registration feethe government is contemplating reducing stamp duty and registration fees on purchase of properties the details of possible cut in these taxes are still being finalized said sources adding that a reduction in stamp duty and registration fee will counterbalance the negative impact that increased jantri rates will have on the real estate sector in terms of the number of property registrationsthe real estate sector has been demanding a marked reduction of stamp duty from 49 to 1 in the affordable housing segment in the first allotment from the developer to the buyer according to credai gujarat the affordable housing segment houses worth rs 25 lakh to rs 75 lakh will get a big boost if this demand is accepted besides credai has been seeking a 50 reduction in stamp duty and registration fee in all housing segmentsan expert committee chaired by former union finance secretary hasmuukh adhia had also recommended reducing stamp duty and registration fees rates to boost housing demand the committee formed to chart out a postcovid economic revival roadmap had recommended to stimulate demand in the immediate term gujarat government may reduce the incidence of stamp duty and registration fees by 50 on purchase of all residential units from a developer or to the specific category of affordable housing segmentgovernment revenue from stamp duty and registration fee recorded a healthy 19 rise in 2022 as compared to the previous year the number of properties registered in 2022 in the state stood at 1597188 11 higher than 1429607 properties that were registered in the state in the preceding calendar year government revenue from stamp duty and property registration also shot up from 73379 crore in 2021 to 8769 crore in 2022